Global Graphene-Based Coatings Market is expected to grow with a healthy CAGR in the forecast period of 2019-2026. The report contains data from the base year of 2018, and the historic year of 2017. This rise in market value can be attributed to the rising levels of innovations and advancements in technology resulting in increased levels of applications from various end-use industries.
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- In February 2018, HMG Paints Limited and Applied Graphene Materials plc announced collaboration for the development and commercialisation of graphene coatings applicable for use in a number of industries.
- In January 2017, Grafoid Inc. announced the introduction of “GrafeneX” technology, which is a type of graphene coatings technology. It forms a platform for the deposition of graphene based coatings.
Graphene-Based Coatings Market Competitive Analysis:-
Global graphene-based coatings market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of graphene-based coatings market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
Graphene-Based Coatings Market Key Competitors:
Graphenest, S.A.; Grupo Graphenano; Versarien plc; The Sixth Element (Changzhou) Materials Technology Co.,Ltd; Applied Graphene Materials plc; Grafoid Inc.; IEdiSA, SA; Suzhou Graphene Nanotechnology Co.,Ltd.; Graphene-XT S.r.l.; First Graphene; Elcora Advanced Materials; Cabot Corporation and NOVOCARBON.
Graphene-based coatings can be defined as a category of coating that includes or incorporates the usage of graphene in their production and can be termed as graphene being the core element. The coatings produced have enhanced characteristics and benefits such as being anti-corrosion, water resistant, solar paints, are capable of promoting isolation in structures they are applied to.
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- Growth in demand for the product due to various benefits along with the increase in the end-use industries
- Lack of penetration globally due to the low awareness regarding the benefits and the product itself; this factor is expected to act as a restraint to the market growth
Global Graphene-Based Coatings Market Segmentation:-
By Properties:- Corrosion & Wear Resistant, Water Resistant, Electrical Conductivity, Anti-Microbes, Others,
By End-User:-Automotive, Marine, Healthcare, Construction, Textiles, Industrial, Others,
The Global Graphene-Based Coatings Market is highly fragmented with various companies operating in local regions. The major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. Market shares included in the report are for U.S., Europe, APAC, Japan, China, South America, and Middle East and Africa.
Based on Geography:-
the report covers data points for 52 countries across multiple geographies such as North & South America, Europe, Asia-Pacific and, Middle East & Africa. Some of the major countries covered in this report are U.S., Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. U.S. dominated the global Graphene-Based Coatings market with a share of xx.x percent in 2016, owing to the rising pool of arthritis patient full reimbursements of these surgeries through government and non-government payers.
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