Global 2D Materials Market to Reach USD 3.36 Billion by 2031 | CAGR of 3.7%
Category : Materials And Chemicals | Published Date : Oct 2024 | Type : Press Release
2D Materials Market Scope & Overview:
In the newly published report Consegic Business Intelligence states that the 2D Materials Market was valued at USD 2.50 Billion in 2023 and is projected to reach USD 3.36 Billion by 2031, growing at a CAGR of 3.7% from 2024 to 2031. 2D materials are ultra-thin materials characterized by their single-atom or molecular layer thickness, with unique properties such as high electrical conductivity, flexibility, and strength. These materials are increasingly being utilized in advanced applications across electronics, energy storage, sensors, and nanotechnology.
The report comprises the 2D Materials Market Share, Size & Industry Analysis, By Material Type (Graphene, Borophene, Phosphorene, Silicene, Germanene, Transition Metal Dichalcogenides (TMDs), Others), By End-User Industry (Electronics, Automotive, Aerospace & Defense, Healthcare, Energy, Others), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East & Africa), and Forecast, 2024-2031.
The report contains detailed information on 2D Materials Market Trends, Opportunities, Value, Growth Rate, Segmentation, Geographical Coverage, Company Profile, In-depth Expert Analysis, Revenue Forecast, Competitive Landscape, Growth Factors, Restraints or Challenges, Environment & Regulatory Landscape, PESTLE Analysis, PORTER Analysis, Key Technology Landscape, Value Chain Analysis, and Cost Analysis.
The increasing demand for miniaturized electronic devices and advancements in nanotechnology are major growth drivers. Furthermore, expanding applications in energy storage and renewable energy offer significant growth opportunities for the market.
Segmental Analysis :
Based on material type, the market is segmented into graphene, borophene, phosphorene, silicene, germanene, TMDs, and others.
- Graphene held the largest market share at 38.25% in 2023, valued for its superior electrical and mechanical properties. This material is widely used in energy storage and electronics.
- TMDs are projected to grow the fastest due to their unique semiconductor properties, with increasing adoption in flexible electronics and optoelectronics.
Based on end-user industry, the market is segmented into electronics, automotive, aerospace & defense, healthcare, energy, and others.
- Electronics accounted for the largest share in 2023, driven by the demand for flexible and wearable electronics, as well as quantum computing applications.
- Energy is anticipated to witness the fastest growth, with 2D materials like graphene enhancing the performance of batteries and solar cells, meeting the rising demand for efficient energy storage solutions.
Based on regions, the global market is segmented into North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
- North America leads the market, supported by significant investments in nanotechnology and extensive research activities in the U.S.
- Asia-Pacific is expected to grow rapidly, driven by industrial expansion and government funding in China, Japan, and South Korea, particularly in electronics and renewable energy applications.
| Report Attributes | Report Details |
| Study Timeline | 2018-2031 |
| Market Size in 2031 | USD 3.36 Billion |
| CAGR (2024-2031) | 3.7% |
| By Material Type | Graphene, Borophene, Phosphorene, Silicene, Germanene, TMDs, Others |
| By End-User Industry | Electronics, Automotive, Aerospace & Defense, Healthcare, Energy, Others |
| By Region | North America(U.S., Canada, Mexico) Europe(U.K., Germany, France, Spain, Italy, Russia, Benelux, Rest of Europe) APAC(China, South Korea, Japan, India, Australia, ASEAN, Rest of Asia-Pacific) Middle East & Africa(GCC, Turkey, South Africa, Rest of MEA) LATAM(Brazil, Argentina, Chile, Rest of LATAM) |
Top Key Players & Competitive Landscape :
The competitive landscape encompasses major innovators, aftermarket service providers, industry giants, and niche players, all of which are thoroughly examined by Consegic Business Intelligence in terms of their strengths, weaknesses, and value-addition potential. This report includes detailed profiles of key players, market share analysis, mergers and acquisitions, resulting market fragmentation, and emerging partnership trends and dynamics.
List of prominent players in the 2D Materials Industry:
- Graphenea SA (Spain)
- Versarien Plc (UK)
- Haydale Graphene Industries Plc (UK)
- XG Sciences, Inc. (USA)
- Grolltex Inc. (USA)
- 2D Materials Pte. Ltd. (Singapore)
- ACS Material, LLC (USA)
- Global Graphene Group (G3) (USA)
- Thomas Swan & Co. Ltd. (UK)
- Sixth Element Materials Technology Co. Ltd. (China)
Recent Industry Developments :
- In March 2024, the European Commission approved Horizon Europe's second strategic plan, including initiatives supporting graphene and advanced material development.
- In September 2022, NanoXplore acquired assets from XG Sciences, bolstering its intellectual property in graphene-enhanced battery materials.
