Market updates - Page 11

Lux Research recently came out with a rather menacing prediction that graphene is destined to become the "next carbon nanotube". This statement refers to the massive hype that surrounded carbon nanotubes in the past, which failed to be followed by actual commercial success. Lux Research believes that graphene, despite its impressive properties and seemingly endless possibilities, will not follow in silicon's footsteps and find ubiquitous applications, but rather become closer to carbon nanotubes and find limited uses in somewhat niche markets.

Lux names three major reasons for their prediction. The first is over-aggressive capacity expansions coupled with limited commercial demand. Lux states that total global graphene nanoplatelet (GNP) production capacity has increased from around 120 tons per year in 2012 to 910 tons per year today, driven largely by aggressive Chinese capacity expansions such as by Ningbo Morsh and Xiamen Knano. On the contrary, demand growth has been significantly more sluggish, which creates a market glut.

We're happy to announce our first graphene market report, the Graphene Batteries Market Report. This report is a comprehensive guide to graphene-enhanced batteries with valuable market insights, and covers everything you need to know about graphene in this field. This is a great report for anyone involved with the battery market, nanomaterials, electric vehicles and mobile devices.

Reading this report, you'll learn all about:

• The advantages using graphene batteries
• The different ways graphene can be used in batteries
• Various types of graphene materials
• What's on the market today

The report package also provides:

• A list of all graphene companies involved with batteries
• Detailed specifications of some graphene-enhanced anode materials
• Personal contact details into most graphene developers
• Free updates for a year

Future Markets released a new market report (The Global Market for Graphene to 2025) in which they estimate that the graphene market (mostly raw materials sales) was about $9-12 million in 2013 and $15-20 million in 2014. They estimate the market to grow to around $25-45 million in 2015.

According to the report, there is currently an oversupply situation in the graphene market - especially for low quality graphene. Most graphene sales are of graphene flakes (nanoplatelets) and conductive inks, while larger graphene sheets grown using CVD are used mainly for R&D. The main markets for graphene in the next 5-7 years will be Lithium batteries, conductive inks, sensors, supercapacitors, composites and transparent conductive films.

Allied Market Research released a new graphene market report in which they analyze graphene opportunities and forecast the market from 2013 to 2020. According to Allied, the global graphene market will grow to $149.1 million by 2020 - a 44% yearly CAGR from 2014.

The electronics and automotive industries will be among the top consumers of graphene in the near future, and Allied sees 1,800 tons of bulk graphene and 26.8 million square-cm of graphene films to be produced and used by 2020. In the products market, GNP was the largest revenue generating segment in 2013 and is expected to retain its position throughout 2014 - 2020. Other promising segments are graphene oxide and monolayer & bi-layer graphene.

IDTechEx released a new graphene material market report (Graphene Markets, Technologies and Opportunities 2014-2024) in which they forecast that the graphene market (at the material level) will grow from about $20 million in 2014 to over $390 million in 2024.

As the industry matures, IDTechEx sees the graphene market splitting across many application sectors, each attracting different types of graphene materials, manufactured using different means.

Yole Developments released a new graphene market report, in which they forecast that in 2024 the graphene material market will reach $141 million, driven mainly by transparent conductive electrodes and energy storage applications.

According to Yole, the market in 2013 was about $11 million, and it will grow slowly till 2017. In 2019 the market will experience faster growth (35.7% CAGR).

BCC Research released a new edition to their "Graphene: Technologies, Applications and Markets" report. They forecast that the global graphene product market will reach $195 million 2018. This will grow quickly to $1.3 billion by 2023 (an annual compound annual growth rate of 47.1%).

BCC Research sees a large graphene market in 2018 compared to other companies. Lux Research sees a $126 million market in 2020 while IDTechEx forecast that the market for graphene will only amount to $100 million in 2018).

Markets and Markets released a new graphene market report ("Graphene Electronics Market: 2013-2023") in which they forecast that the total graphene technology market will grow at an estimated 55.54% CAGR (Compound annual growth rate).

The total graphene market will reach $100 million in 2018 - and it will be used in a range of applications including RFID, smart packaging, supercapacitors, composites, ITO replacement, sensors, logic, memory and others. Overall the market will remain rather small according to this report. While graphene may revolutionaize a lot of industries and enable new products, the forecast is not promising for graphene producers and suppliers.

Graphene Laboratories recently signed a two-year strategic alliance agreement with Canada's Lomiko Metals, the owner of several resource properties containing high-grade graphite. Graphite Investor News posted an interesting interview with Lomiko Metals' CEO, A. Paul Gill.

Mr. Gill says that he sees a "huge market" for graphene, as billions of dollars have already been spent on research and development. Gill says that Graphene Labs alone have sold graphene products to over 4,000 customers, including Ford, Sony, Samsung, LG, the US Army and NASA.

Lux Research released a new report (Is Graphene the Next Silicon ... Or Just the Next Carbon Nanotube?) on the graphene market, in which they forecast that the graphene market will grow to $126 million in 2020 (up from $9 million in 2012). It's an impressive growth - but the overall market will remain small. Most of the growth will come from graphene nanoplatelets (NGP) for the composites and energy storage applications. Graphene sheets will remain mostly in the lab.

According to Lux, the leading companies will be XG Sciences and Vorbeck Materials. Vorbeck is selling higher margin conductive inks, while XG supplies GNPs to corporate channel partners. Regarding newer startups (such as Graphene Technologies, Grafoid, National Nanomaterials, Xolve and Haydale), Lux says it is simply too early to tell.