Research and Markets has included a new report titled ‘The World Market for Graphene 2010-2017’ to its catalogue.
Markets that require advanced materials spur the commercialization of graphene, a nanomaterial. These markets include the lubricant, oil service, solar, energy storage, electronics, automotive and aerospace industries. Graphene has exotic mechanical, thermal and electronic properties, which make it a breakthrough technology in a variety of industries.
The number of research papers on graphene published as of 2011 was more than 10,000. The European Union is providing funds for a 10-year, €1,000-million collaborative initiative on graphene and the United Kingdom has made an announcement of £50 million investment in a new commercialization center. Meanwhile, South Korea is planning to invest $350 million in commercialization initiatives.
Applications for high frequency transistors, photodiodes, transparent conductive coatings in touch-screen displays, and super strong and highly conductive composites will soon become available on the marketplace. Graphene-based conducting inks shows promise in radio-frequency identification tags and smart cards. The demand for these nanomaterials in the last 18 months has increased by more than 4,000%.
At present, more number of graphene manufacturers is involved in the production of graphene oxide and graphene nanoplatelets and is expanding capacity this year. They are usually small, start-up firms who have seen high demand for their materials in a myriad of industries. Global companies like Samsung and IBM are working on graphene-based applications in optics and electronics. Nokia, HRL Laboratories, Fujitsu, Intel and Texas Instruments are also involved in the development of graphene-based applications.