PUBLISHER: Grand View Research | PRODUCT CODE: 1575058
PUBLISHER: Grand View Research | PRODUCT CODE: 1575058
The global graphene reinforced polymer composites market size was estimated at USD 19.02 million in 2023 and expected to grow at a CAGR of 36.3% from 2024 to 2030. Rising concerns about global warming and climate change are augmenting the market for alternative sustainable sources of energy leading to an increase in demand for renewable energy such as solar and wind. This is expected to spur the graphene reinforced polymer composites market.
A key trend in the graphene-reinforced polymer composites market is their rising use in high-performance electronics. As consumer electronics evolve, there's a growing demand for materials that offer better durability, flexibility, and conductivity. Graphene's unique properties such as its excellent electrical conductivity and lightweight nature make it ideal for applications in flexible displays, wearable devices, and other cutting-edge electronic products. In addition, the rise of the internet of things (IoT) and miniaturized electronic devices is further driving the use of graphene composites, as these require materials that can handle higher data processing speeds without overheating or losing efficiency.
Global Graphene Reinforced Polymer Composites Market Report Segmentation
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For the purpose of this study, Grand View Research has segmented graphene reinforced polymer composites market report on the basis of application, end-use, and region: