18 Sep
2020
The invention of graphene was a blessing for the manufacturing industry. An atom-thick sheet of graphene is the world’s strongest, thinnest, and most conductive sheet. Quickly graphene became a part of manufacturing everything from textiles to automotive. Such graphene-enhanced composite materials have found application in aerospace, mobile devices, clothing, building materials, and many other applications.
This wonder material is on the verge of becoming a part of our daily life. In fact, it is already a vital ingredient in our smartphones, cars, and even masks to prevent Covid-19 infection. According to Allied Market Research, the graphene market would reach $1.36 billion by 2027, growing at a CAGR of 40.2% from 2020 to 2027. There are hundreds of market players that claim to be in the graphene business. Moreover, dozens of start-ups hope to be a part of graphene manufacturing. There is no shortage of companies in this industry and thus, market players must come up with applications that are never seen before.
Notable developments in the graphene industry
The wonder material and its applications are gaining more and more attention in the corporate and academic world. In the future, we would witness the use of graphene in medical sensors, developing computer chips for fast computing, and even water purification. What’s more, graphene is on the verge of replacing silicon altogether in the electronics industry.
Graphene’s lightweight and super strength drive its ever-increasing demand. The production of goods and parts that utilize graphene along with polymers and plastic has created new industry standards for everything from wind turbines to bicycle tires.
The research regarding the use of graphene for 3D printing is in process. As the demand for 3D printing has been increasing with each year, the demand for graphene as a building material is bound to rise. Scientists have succeeded in using graphene for 3D to print simple objects to complex structures. Thus, it is safe to say that graphene would be the future of industrial development.
Koyel Ghosh
Authors Bio- Koyel Ghosh is a blogger with a strong passion and enjoys writing in miscellaneous domains, as she believes it lets her explore a wide variety of niches. She has an innate interest in creativity and enjoys experimenting with different writing styles. A writer who never stops imagining, she has been serving the corporate industry for the last five years.
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