Graphene Composites Market Segmentation:
End-user Segment Analysis
Automotive segment in graphene composites market is expected to hold remarkable revenue share by the end of 2035. Graphene composite helps in reducing the weight of the vehicle without compromising on the performance and safety of the vehicle at the same time the fuel inside the vehicle is used efficiently with the help of graphene composites. With one material users can get so many benefits at the same time. Graphene composite can help in reducing the weight by 10-15% without compromising the performance and safety of the vehicle. This also enhances fuel efficiency to 6% – 10%. Therefore, the automotive segment is expected to growth, As per the International Energy Agency, sales of electric cars rose to 2 million worldwide in 2019.
Product Segment Analysis
Polymer-based segment in graphene composites market is poised to hold substantial revenue share by the end of 2035. When polymer enters the graphene it develops superior properties such as mechanical, electrical, and thermal qualities which come in use in various end-user industries. Also owing to good processibility, lightweight and polymer-based graphene composites are used in the automotive and aerospace industries. The demand for polymer-based graphene is estimated to rise with the need for lightweight vehicles in the market and so many benefits of polymer-based graphene in the end-use industries.
Our in-depth analysis of the global market includes the following segments:
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