1 Global CVD Graphene Film Market Outlook
The global CVD Graphene Film market is projected to exhibit substantial growth in the coming years, with a CAGR of 15.68% from 2024 to 2033, reaching a total market size of $56.06 million USD in 2024. Chemical vapour deposition, or CVD, is a method which can produce relatively high quality graphene, potentially on a large scale. Graphene is a highly crystalline film of hybridized carbon atoms. Carbon atoms are densely packed in a regular hexagonal sp2 bonded structure. It can best be envisioned as a one-atom thick layer of graphite. CVD graphene film is one of the most conductive materials for electricity and heat, which makes it the perfect material for electronics and many other industries.
Figure Global CVD Graphene Film Market Size and Growth Rate (2024-2033)
2 CVD Graphene Film Market Growth Drivers and Constraints
The growth of the CVD Graphene Film market is propelled by several driving factors. One of the primary factors is the increased focus on graphene research and industrial applications globally. Countries like China, South Korea, the United Kingdom, and Japan have been increasing their investments in graphene research, indicating a global strategic interest in the development of this material. The application of graphene films in electronic equipment, particularly with the rise of smartphones and 5G technology, is another significant driver. The high thermal conductivity and thermal radiation coefficient of graphene make it a promising material for electronic cooling solutions.
However, the market faces certain limitations that could hinder its growth. High production costs and complex processes are the most significant constraints, affecting the quality and large-scale industrialization of CVD Graphene Film. The existing preparation technology for CVD Graphene Film has issues such as low yield and difficulty in film transfer, which directly impacts the production efficiency and profitability of enterprises.
In conclusion, the global CVD Graphene Film market is on an upward trajectory, with technological advancements and strategic corporate activities playing pivotal roles in its growth. Despite the challenges, the market’s potential is vast, and with continued innovation and investment, it is poised to make significant strides in the coming years
3 CVD Graphene Film Market Innovations and M&A Activities
The CVD Graphene Film market is dynamic, with continuous technological innovations and corporate strategic moves shaping its landscape. Technological advancements are focused on optimizing process parameters to synthesize graphene with large area, high quality, and controllable layer numbers. This innovation aims to enable direct growth on ideal substrate materials, potentially eliminating the transfer step and reducing production costs.
In terms of corporate activities, mergers and acquisitions have been a key strategy for market players to expand their reach and strengthen their market positions. For instance, Grahope New Materials acquired 70% of Wuxi Graphene Film, a significant move in the industry. Expansions and collaborations are also prevalent, with companies like General Graphene launching new high-capacity CVD graphene roll-to-roll production lines, enhancing their manufacturing capabilities and meeting the growing demand for consistent, industrial-volume graphene.
The industry is also marked by new product developments, such as large-sized CVD graphene on copper foil or PET, which are set to revolutionize applications in flexible and rigid touch screen displays, energy electrodes, lightweight composite materials, and more. These innovations signal a progressive shift towards more diverse and sophisticated applications of CVD Graphene Film, further solidifying its position in the global market.
4 Global CVD Graphene Film Market Analysis by Type
In 2024, the global CVD Graphene Film market size is anticipated to be substantial, with an estimated Market Size (M USD) as follows: Single Layer Graphene at $14.77 million, Double Layer Graphene at $5.26 million, and Multilayer Graphene at $36.03 million. These figures collectively contribute to the total market size, which is projected to be $56.06 million USD for the year 2024. The market share for each type in 2024 is predicted to be as follows: Single Layer Graphene capturing 26.35%, Double Layer Graphene securing 9.38%, and Multilayer Graphene dominating with a 64.27% share of the market. This distribution underscores the prominence of Multilayer Graphene in the CVD Graphene Film market, while also highlighting the growing significance of Single Layer Graphene.
Table Global CVD Graphene Film Market Size and Share by Type in 2024
|
Type |
Market Size in 2024 (M USD) |
Market Share in 2024 (%) |
|---|---|---|
|
Single Layer Graphene |
14.77 |
26.35% |
|
Double Layer Graphene |
5.26 |
9.38% |
|
Multilayer Graphene |
36.03 |
64.27% |
5 Global CVD Graphene Film Market Analysis by Application
In 2024, the global CVD Graphene Film market is forecasted to exhibit a significant growth in terms of Market Size (M USD) across various applications. The market size for Electronic Device is anticipated to reach $26.92 million, holding a dominant position with a market share of 48.02%. Transparent Conductive Film is projected to have a market size of $11.98 million, capturing a 21.37% share. The Solar Battery application is expected to reach $6.43 million, with a market share of 11.47%. Separation Membrane will contribute $5.14 million, accounting for 9.17% of the market. Hydrogen Storage Materials will amount to $2.35 million, with a 4.19% share, while Others will reach $3.25 million, holding a 5.80% share. Collectively, these applications are expected to sum up to a total market size of $56.06 million USD in 2024, showcasing the diverse and expanding uses of CVD Graphene Film across industries.
Table Global CVD Graphene Film Market Size and Share by Application in 2024
|
Application |
Market Size in 2024 (M USD) |
Market Share in 2024 (%) |
|---|---|---|
|
Electronic Device |
26.92 |
48.02% |
|
Transparent Conductive Film |
11.98 |
21.37% |
|
Solar Battery |
6.43 |
11.47% |
|
Separation Membrane |
5.14 |
9.17% |
|
Hydrogen Storage Materials |
2.35 |
4.19% |
|
Others |
3.25 |
5.80% |
6 Global CVD Graphene Film Market Analysis by Region
In 2024, the global CVD Graphene Film market is anticipated to see significant expansion, with total sales projected to reach 7,971.2 square meters. The regional distribution of these sales is indicative of a diverse and growing market, with Asia Pacific leading the pack with a substantial 5,148.4 square meters, which equates to a dominant market share of 64.59%. North America is also set to contribute notably, with 1,259.1 square meters in sales, capturing a 15.80% market share. Europe follows with 1,026.2 square meters, representing 12.87% of the total sales. South America is projected to have 337.0 square meters in sales, accounting for 4.22% of the market share, while the Middle East and Africa are expected to contribute 200.5 square meters, which is 2.52% of the global sales. These figures not only highlight the Asia Pacific region’s stronghold in the CVD Graphene Film market but also emphasize the growing significance of other regions, particularly North America and Europe, in the global landscape of CVD Graphene Film sales..
Figure Global CVD Graphene Film Sales Market Share by Region in 2024
7 Top 3 Companies of Global CVD Graphene Film Market
7.1 WUXI Graphene Film
Company Introduction and Business Overview:
Established in 2012, WUXI Graphene Film is a high-tech enterprise headquartered in China. The company specializes in the research, development, production, and sales of CVD graphene films. With a global market distribution, WUXI Graphene Film has emerged as one of the world’s leading mass production companies for CVD graphene, boasting nearly 100 independent intellectual property rights and an annual production capacity of 200,000 square meters.
Products Offered:
WUXI Graphene Film’s product lineup includes graphene film on copper foil, which is known for its single-layer graphene coverage of over 90%, low resistance after transfer, and customizable sizes and thicknesses. This product is crucial for applications in various industries where high conductivity and heat dissipation are required.
Sales Revenue in the Latest Year:
WUXI Graphene Film achieved a remarkable sales revenue of $8.35 million USD, reflecting a steady growth trajectory and a strong market presence. The company’s gross margin stood at 36.77%, indicating its profitability and efficiency in the market.
7.2 2D Carbon
Company Introduction and Business Overview:
Founded in 2011, 2D Carbon is another Chinese-based company that operates worldwide. As a high-tech listed company, 2D Carbon is dedicated to the research and manufacturing of large-area graphene films and graphene touch modules, positioning itself as a key player in the graphene industry.
Products Offered:
The company’s product range includes graphene film on quartz substrate, which is characterized by a quartz substrate thickness of 1mm/2mm and a quartz transmittance of over 93%. These products are designed to meet the high transparency and conductivity demands of advanced applications.
Sales Revenue in the Latest Year:
2D Carbon reported a sales revenue of $5.34 million USD, with a gross margin of 35.87%. This revenue figure underscores the company’s significant contribution to the global CVD Graphene Film market and its financial health.
7.3 SixCarbon Technology
Company Introduction and Business Overview:
Founded in 2012, SixCarbon Technology is a Chinese company with a global market reach. The company is committed to the research and development of two-dimensional material manufacturing processes and equipment, with a special focus on chemical vapor deposition (CVD) technology.
Products Offered:
SixCarbon Technology offers copper-based single-layer graphene products, measuring 5cm by 10cm. These products are known for their high purity and quality, making them suitable for a range of industrial and electronic applications.
Sales Revenue in the Latest Year:
SixCarbon Technology generated a sales revenue of $5.05 million USD, with a gross margin of 32.65%. This performance reflects the company’s competitive edge in the production of high-quality graphene films and its ability to maintain profitability in a competitive market.