Global 2D Materials Market to Reach $4 Billion by 2031 - Exclusive DeepTech M-A-P™ Analysis by BIS Research
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According to this study, the global 2D materials market was valued at $526.1 million in 2022 and is projected to reach $4 billion by 2031, growing at a CAGR of 25.3%.
The following factors are responsible for the increase in demand for 2D materials:
The detailed study is a compilation of 107 market data tables and 47 figures spread across 266 pages.
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Analyst's Take on the Market Projection
According to Sachin Singh, Lead Analyst, BIS Research, "2D materials have gained growth in recent years due to a growing emphasis on environment-friendly and emerging 2D materials. Due to their outstanding strength, compact size, flexibility, and superior thermal and electrical conductivity, 2D materials are distinctive in many ways. Furthermore, due to several technical and performance advancements in various 2D materials such as Mxene, hexagonal boron nitride, TMDCs, and others, the market is anticipated to expand quickly during the forecast period."
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Composite and Coatings to Continue Dominating as the Leading End User Segment
Based on end users, the composite and coatings segment led the 2D materials market in 2021 and was the largest segment with an overall market contribution of $123 million.
According to the 2D materials market report from BIS Research, this trend is expected to continue, with composite and coatings contributing an overall market value of $1.49 billion by 2031.
2D materials are used in various applications, including consumer electronics, aerospace and defense, semiconductors, biomedical, composites and coatings, automobiles, and energy storage devices, among others.
Major Industry Leaders in the 2D Materials Market
The companies profiled have been selected based on input gathered from primary experts and analyzing company coverage, product portfolio, and market penetration. Some of the established names in the market are NanoXplore Inc., Cabot Corporation, Thomas Swan & Co. Ltd., Ossila Ltd., ACS Material LLC, American Elements, 2D Materials Pte Ltd., Blackleaf, BASF SE, 6Carbon Technology, Garmor Tech, Nitronix Nanotechnology Corporation, PlanarTECH LLC, AVANZARE INNOVACION TECNOLOGICA S.L., XlynX Materials Inc., Layer One, 2D Water, and more.
Recent Developments in the Global 2D Materials Market
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About BIS Research:
BIS Research is a global B2B market intelligence and advisory firm focusing on deep technology and related emerging trends, which can disrupt the market dynamics in the near future. We publish more than 200 market intelligence studies annually that focus on several deep technology verticals.
Our strategic market analysis emphasizes on market estimations, technology analysis, emerging high-growth applications, deeply segmented granular country-level market data, and other important market parameters useful in the strategic decision-making for senior management.
BIS Research offers syndicate as well as custom studies and expert consultations to firms, providing them with specific and actionable insights on novel technology markets, business models, and competitive landscapes.
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