Allied Market Research predicts that the world graphene market will Reach $151.4 Million By 2021

A new market report by Allied Market Research projects that the global sales of graphene would reach $151.4 million by 2021, and that the graphene nanoplatelets (GNPs) segment will account for about two-thirds of the overall market revenue by that year. The energy storage application segment is expected to grow at the highest CAGR of 93.2% during the analysis period.

AMR foresees that heavy investment to improve production capacity and focus on strengthening R&D activities would lead to the development of novel and innovative products. Monolayer and bilayer graphene would emerge as lucrative segments, registering a CAGR of 41.5% during 2014 and 2021. The growth of this segment is attributed to its potential applications in electronics, energy storage, 3D printing, and other industries.