Growing necessity of strong, efficient, and lightweight raw materials in manufacturing units is anticipated to propel demand for graphene nanoplatelets. Mostly produced by carbon nanotube manufacturers, this material can be derived from chemical vapor deposition. The product size range is likely to be 10nm to 50 nm.
New Composite to offer Fire Resistance in Textiles
Major applications variants of graphene nanoplatelets are energy and power, composites, conductive inks & coatings. In the coming years, composites are depicted to contribute maximum to revenue generation owing to excellent thermal, mechanical, and electrical properties of graphene. Graphene nanoplatelets based composites are expected to face significant demand from construction and automotive industries owing to its effective properties.
To cater to rising demand, most manufacturing companies are joining hands with various R&D institutes to create better products for consumer use. For Instance, Directa Plus recently unveiled its new composition based on graphene nanoplatelets offering fire resistance. The company also announced that the new composite received US patent and can be used to manufacture textiles. Graphene Plus (G+) is likely to award flame retardancy on end-product with using any toxic chemicals. This unique property of G+ can come beneficial for manufacturers using toxic chemicals to add fire resistance to their textiles such as motorsports wear and work wear for emergency services.
Market Insights
The global graphene nanoplatelets market is likely to value USD 206.0 million by 2025, according to a report by Grand View Research, Inc. Rising adoption of environment-friendly, lightweight, and strong products can impel growth of the market. Increasing demand for advanced composites and coating materials in manufacturing of structural component in aircrafts is likely to stimulate market growth. Growing adoption of graphene nanoplatelets as fillers in polymer matrices can propel growth of the market. Outstanding strength and unique platelet morphology of the product can spur growth of the market in the next few years. Preferable mechanical and functional properties over conventional carbon-based raw materials are expected to fuel market growth. High demand for strong and lightweight equipment in sports events is predicted to spur market growth during the forecast period (2017 to 2025).
Some of the prominent companies operating in the market for graphene nanoplatelets are ACS Materials LLC; XG Sciences, Inc.; Angstron Materials Inc; CVD Equipment Corporation; and Group NanoXplore Inc.
In-Depth Research Report On Graphene Nanoplatelets Market:
https://www.grandviewresearch.com/industry-analysis/graphene-nanoplatelets-market
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