LONDON--(BUSINESS WIRE)--Technavio analysts forecast the global #graphene market to grow at a CAGR of close to 39% during the forecast period, according to their latest report.
The research study covers the present scenario and growth prospects of the global graphene market for 2016-2020. To determine the market size, the report considered the revenue generated through sales of graphene products for applications such as transportation, infrastructural development, and others (electronics applications and solar energy applications).
Geographically, APAC accounted for the largest share of the market in 2015. APAC is the largest graphite producer globally with China being the major market. China is also the largest graphite producer globally. The graphene market in China was USD 1.4 million in 2014, reaching USD 6.1 million in 2015. The growth of the Chinese market was driven by the adoption of graphene in different industrial applications, including anticorrosive coating, touchscreens, and lithium-ion batteries.
http://www.businesswire.com/news/home/20160912005358/en/Technavio-Global-Graphene-Market-Set-Grow-39
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