The global graphene battery market was valued at $48.8 million in 2019 and is projected to reach $398.6 million by 2027, to register a CAGR of 31.2% during the forecast period. The batteries which use graphene as electrode material are called graphene batteries. Graphene as electrode material can be used in various type of conventional batteries such as lithium batteries, lead batteries, lithium sulfur and material for supercapacitors.
Rise in sales of electric vehicles is majorly driving the growth of the graphene battery market, owing to extended range for long distance travelling and lesser charging time. Moreover, thriving portable electronics market is expected to boost the market growth. Furthermore, increasing government investments in R&D are expected to provide lucrative growth opportunities. However, lack of awareness of graphene technology, and the incapability of the market for commercialization process of graphene battery are expected to hinder the growth of the graphene battery market.
The global graphene battery market is analyzed by battery type, application, and region. Based on battery type, it is fragmented into Li-ion batteries, Li-Sulfur batteries, supercapacitors, and Lead-acid batteries. The applications covered in this study include automotive, electronics, energy, aerospace & defense, industrial robotics, and healthcare. Based on region, the global graphene battery market is analyzed across North America (U.S., Canada, and Mexico), Europe (UK, Germany, Turkey, Spain, and rest of Europe), Asia-Pacific (China, India, Japan, Australia, and rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa).
The key players operating in the market includes Cabot Corporation, Cambridge Nanosystems Ltd., G6 Materials Corp., Graphenano S.L., Graphene NanoChem plc, Graphenea S.A., NanoXplore Inc., Real Graphene USA, Vorbeck Materials Corp., and XG Sciences, Inc.
KEY MARKET SEGMENTS
BY BATTERY TYPE
- Li-ion Batteries
- Li-Sulfur Batteries
- Supercapacitors
- Lead-acid Batteries
BY APPLICATION
- Automotive
- Electronics
- Energy
- Aerospace & Defense
- Industrial Robotics
- Healthcare
BY REGION
- North America
o U.S.
o Canada
o Mexico
- Europe
o UK
o Germany
o Turkey
o Spain
o Rest of Europe
- Asia-Pacific
o China
o India
o Japan
o Australia
o Rest of Asia-Pacific
- LAMEA
o Latin America
o Middle East
o Africa

KEY PLAYERS
- Cabot Corporation
- Cambridge Nanosystems Ltd.
- G6 Materials Corp.
- Graphenano S.L.
- Graphene NanoChem plc
- Graphenea S.A.
- NanoXplore Inc.
- Real Graphene USA
- Vorbeck Materials Corp.
- XG Sciences, Inc