The graphene market in Europe is expected to grow from US$ 152.78 million in 2021 to US$ 1,370.36 million by 2028. It is estimated to grow at a CAGR of 36.8% from 2021 to 2028.
Graphene is used in many healthcare products, such as wound-healing technology and artificial retinal vision. The National Graphene Institute, based at the University of Manchester, and the Catalan Institute of Nanoscience and Nanotechnology (ICN2) are two fundamental organizations working to explore and utilize the properties of graphene and related materials for application in healthcare applications across Europe. Researchers are developing implantable devices utilizing graphene and other 2D materials for deep brain stimulation. Their primary focus is to produce neural interface devices.
Graphene is used as an alternative material because its 2D structure offers low resistance and stability from passing high currents due to the uninterrupted transportation of electrons through the graphene structures, matrixes, and surfaces. Graphene-based products can enhance the efficiency of current green energy technologies and energy storage systems. Researchers are looking to combine nanoscale crystals with graphene to produce next-generation photovoltaics. Therefore, the growing focus on research and development related to graphene is predicted to propel the graphene market during the forecast period.
With new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the Europe graphene market at a substantial CAGR during the forecast period.
Europe Graphene Market Revenue and Forecast to 2028 (US$ Million)
Europe Graphene Market Segmentation
The Europe graphene market is analyzed on the basis of type, application, and country. Based on type, the market is segmented into monolayer and bilayer, graphene nano-platelets, graphene oxide, and others. In 2020, the graphene oxide segment held the largest share of the market. The graphene nano-platelets segment is expected to register a higher CAGR during the forecast period. Based on application, the market is segmented into composites, functional inks, paints & coatings, energy storage, electronics, polymer additives, RFID, and others. In 2020, the electronics segment held the largest market share. The energy storage segment is expected to register the highest CAGR in the market during the forecast period.
Based on country, the Europe graphene market is segmented into Germany, France, the UK, Italy, Russia, and the Rest of Europe. In 2020, Germany held the largest market share. It is expected to grow at the fastest CAGR during the forecast period.
XG Sciences; The Sixth Element Materials Technology Co., Ltd; Global Graphene Group; NanoXplore Inc.; Graphenea, Inc.; Directa Plus S.p.A; AVANZARE INNOVACION TECNOLOGICA SL; Thomas Swan & Co. Ltd.; Morsh; and Perpetuus Advanced Materials PLC are the leading companies in the Europe graphene market.
Europe Graphene Market Strategic Insights
Europe GrapheneMarket Report Highlights
| Report Attribute | Details |
| Market size in 2021 | US$ 152.78 Million |
| Market Size by 2028 | US$ 1,370.36 Million |
| CAGR (2021 - 2028) | 36.8% |
| Historical Data | 2019-2020 |
| Forecast period | 2022-2028 |
| Segments Covered |
By Type
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Regions and Countries Covered
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| Europe | UK, Germany, France, Russia, Italy, Rest of Europe |
| Market leaders and key company profiles |
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Europe Graphene Market Country and Regional Insights
