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Transparent Conductive Electrodes and Energy Storage Applications Forecast to Drive Graphene Materials Market

Reportlinker.com announces that a new market research report is available in its catalogue: Graphene materials for opto & electronic applications

What is the industrial potential behind the graphene academic R&D hype?

$141M GRAPHENE MATERIALS MARKET IN 2024 WILL BE DRIVEN MAINLY BY TRANSPARENT CONDUCTIVE ELECTRODES AND ENERGY STORAGE APPLICATIONS

Graphene is a two-dimensional (2D) material with exceptional properties, such as ultrahigh electrical and thermal conductivities, wide-range optical transmittance and excellent mechanical strength and flexibility. These properties make it a promising material for emerging and existing applications in printed & flexible circuitry, ultrafast transistors, touch screens, advanced batteries and supercapacitors, ultrafast lasers, photodetectors and many other non-electronic applications.

Although graphene technology is still in its infancy, remarkable progress has been made in the last few years developing graphene production methods. Numerous opto and electronic devices based on graphene have been demonstrated on lab-scale models. However, the numerous challenges of graphene technology should not be underestimated. The lack of bandgap in graphene is its key fundamental challenge. Other technology challenges are related to the development of industrial methods to produce graphene with high and consistent quality at acceptable costs.

Although today there is no graphene-based electronic application in mass production, several companies already offer commercially graphene materials. The graphene material market value in 2013 was about $11 million, represented principally by the demand for the R&D and prototyping. Two scenarios for the future market growth are presented in the report. According to the base scenario, the global annual market value for graphene materials in opto and electronic applications will reach $141 million in 2024, featuring a 2013-2019 CAGR of 18.5%. Accelerated market growth is expected after 2019, with a 2019-2024 CAGR of 35.7%. In 2024, the graphene material market will be represented mainly by the demand for transparent conductive electrodes and advanced batteries and supercapacitors.

HOW CAN GRAPHENE TECHNOLOGY CHALLENGES AND APPLICATION POTENTIAL BE TRANSFORMED INTO BUSINESS OPPORTUNITIES?

In order to reach the best possible performance on lab-scale devices, high quality materials are required. Material suppliers able to consistently deliver high-quality materials have a competitive advantage on the graphene market.

The booming interest in graphene technologies has led to a high demand on graphene equipment. As shown in the report, CVD equipment makers today mainly focus on the R&D equipment used to produce high-quality graphene.

The leading device manufacturers are currently evaluating the graphene technology potential; most of them have internal R&D activities or are developing R&D partnerships with graphene material suppliers. But today's graphene supply chain is widely dispersed and makes choosing the right supplier difficult. A large (and growing) number of start-up companies are looking to catch graphene market opportunities in their initial stage. Securing graphene IP is crucial to a strong competitive position. As detailed in the report, strong vertical integration trends within the supply chain are expected, due to specific challenges in production and the handling of graphene materials, namely CVD-made graphene sheets. The manufacturers of graphene nanoplatelets will also vertically integrate to gain a higher product value and better differentiation from competitors by offering application-specific materials, such as conductive inks and composite materials for graphene batteries and supercapacitors.

As pointed out in the report, many different graphene material types and quality levels exist. A higher level of standardization is therefore important in graphene technology, especially for the suppliers of high-quality graphene materials to differentiate better from other suppliers, and for companies with a long-term business strategy. The lack of suitable graphene quality characterization tools provides opportunities for companies developing specialized tools.

GRAPHENE MATERIALS: QUALITY, QUANTITY, REPRODUCIBILITY AND LOW COST NEEDED

The development and industrial production of new graphene applications require a reliable supply of graphene with consistently high quality.

Graphene materials can be produced as tiny flakes (nanoplatelets) or in the form of a large-size sheet on different substrates, such as a metal foil or silicon carbide (SiC).

The catalytic chemical vapor deposition (CVD) of graphene on metals, featuring the high potential for both scalability and high material quality, has the largest potential for mass production of graphene opto and electronic devices. Although the market potential of high-quality epitaxial graphene on SiC is limited by the dimensions and high costs of SiC wafers, it may be successfully applied to produce some high-end electronic applications. The nanoplatelets produced by different methods, such as liquid phase epitaxy or reduction of graphene oxide can be used to produce conductive inks for printed electronics and additive materials for energy storage devices, such as Li-ion batteries and supercapacitors.

The choice of the graphene production technique is of crucial importance to a device manufacturer because it influences not only the graphene size, quality and costs, but also the design of the production line for device manufacturing.

As shown in the report, it is possible today to produce large volumes of graphene materials at relatively low costs and also to produce the high-quality graphene. The main challenge is to satisfy both conditions simultaneously…

Source: http://www.reportlinker.com/

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