GRAPHENE MARKET ANALYSIS

The high production cost of graphene is a major challenge in large-scale manufacturing and commercialization of graphene-based products. Graphene is currently produced in laboratories through complex methods like micromechanical cleavage and chemical vapour deposition which require sophisticated equipment and extreme operating conditions. These laboratory scale production techniques are expensive and yield very small amounts of graphene. Scaling these up for bulk manufacturing further increases the costs substantially.

Market Opportunities: Growing automotive industry

The growing automotive industry worldwide presents a huge opportunity for the expansion of the global graphene market. As automakers look to make vehicles lighter, more durable, and more energy-efficient, graphene is increasingly becoming a material of choice. Graphene's extraordinary mechanical, thermal and electrical properties allow it to enhance current vehicle materials as well as enable novel applications.  Many major automakers have already began exploring the usage of graphene in different vehicle components. Graphene composites show great potential in making lighter body panels, batteries, and brake pads. They can significantly reduce the weight of vehicles without compromising on strength. This allows for improved fuel economy and faster acceleration. Graphene is also being researched for applications like transparent & flexible displays, supercapacitors for fast charging, and corrosion resistant coatings on metal parts. As advanced electric and autonomous vehicles continue to evolve, they will rely more on technologies where graphene can play a vital role.