2D Materials Market Report 2025

The 2D materials market size has grown steadily in recent years. It will grow from $2.2 billion in 2024 to $2.31 billion in 2025 at a compound annual growth rate (CAGR) of 4.9%. The growth observed during the historic period can be attributed to several factors, including the rising demand for high-performance electronic devices, increased investments in research and development, the expansion of graphene-based materials in commercial applications, a growing interest in energy storage and battery technologies, and the improved material properties compared to traditional alternatives.

The 2D materials market size is expected to see steady growth in the next few years. It will grow to $2.77 billion in 2029 at a compound annual growth rate (CAGR) of 4.7%. The growth projected for the forecast period can be attributed to several factors, including the increasing demand for advanced electronic and optoelectronic devices, rising investments in research and development, growth in the semiconductor industry, government initiatives and funding for 2D material research, and the expansion of applications for graphene and transition metal dichalcogenides (TMDs). Key trends during this period include the adoption of flexible and wearable technologies, advancements in nanotechnology and material engineering, the development of large-scale production techniques, the integration of 2D materials in semiconductor manufacturing, and improvements in chemical vapor deposition (CVD) techniques for large-scale production.

The expanding automotive industry is expected to drive the growth of the 2D materials market. The automotive sector is growing due to the increasing adoption of autonomous driving technology, which enhances safety and convenience. Investments in AI-powered driver assistance systems are accelerating the development of self-driving vehicles. In the automotive industry, 2D materials improve battery efficiency, enable lightweight structures, and enhance sensors, contributing to better performance and safety. For example, Statistics Canada reported in November 2023 that in 2022, the total number of road motor vehicles in Canada reached 26.3 million, a 0.3% increase from the previous year. Electric vehicles accounted for 3% of light-duty vehicle registrations in 2022, up from 2.3% in 2021. As a result, the growth of the automotive industry is fueling the expansion of the 2D materials market.

Companies in the 2D materials market are focusing on innovations such as high-volume graphene powder to improve performance in various industries. High-volume graphene powder involves producing graphene in bulk powder form, typically used as an additive in industrial applications. For instance, in January 2024, NanoXplore Inc., a Canadian graphene company, announced the expansion of its production capacity at its St-Clotilde, QC plant to meet rising demand for graphene-enhanced SMC parts from an existing client. This expansion is part of the company’s strategy to scale manufacturing, boost efficiency, and support industries such as automotive, aerospace, energy storage, and coatings.

In August 2022, NanoXplore acquired XG Sciences for an undisclosed amount, a move aimed at strengthening its position in the graphene and advanced materials market. The acquisition integrates XG Sciences’ mechanical milling platform, research and development lab, and intellectual property portfolio into NanoXplore’s operations. XG Sciences, based in the United States, specializes in 2D materials and advanced materials containing graphene nanoplatelets.

Major players in the 2D materials market are Samsung Advanced Institute of Technology, BASF SE, LG Chem Ltd, Sixth Element Materials Technology, AIXTRON SE, ACS Material LLC, Cambridge Nanosystems Ltd, NanoXplore Inc., CVD Equipment Corporation, Black Swan Graphene Inc., Thomas Swan & Co. Ltd, Directa Plus, Haydale Graphene Industries Plc, Avanzare Innovacion Tecnologica S.L., Graphenea S.A., Grolltex Inc., 2D Carbon Tech Inc., Elcora Advanced Materials Corp, Abalonyx AS, and Global Graphene Group.

North America was the largest region in the 2D materials market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in 2D materials report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the 2D materials market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

2D materials are substances that are only a few atoms thick, exhibiting properties that differ greatly from their bulk counterparts. Examples of 2D materials include graphene (carbon), transition metal dichalcogenides, and black phosphorus. These materials possess unique electrical, optical, and mechanical properties, making them highly promising for applications in electronics, sensors, energy storage, and beyond.

The main types of 2D materials include graphene, hexagonal boron nitride, black phosphorus, germanene, silicene, and others. Graphene is a thin, flat material made up of carbon atoms arranged in a hexagonal pattern. Known for its exceptional strength, conductivity, and flexibility, graphene is vital in various fields such as electronics, energy storage, and sensors. Different production methods, including chemical vapor deposition, mechanical exfoliation, liquid exfoliation, and others, are employed by end users across sectors such as electronics, energy storage devices, composites and coatings, biomedical applications, and more.

The 2D materials market research report is one of a series of new reports that provides 2D materials market statistics, including 2D materials industry global market size, regional shares, competitors with a 2D materials market share, detailed 2D materials market segments, market trends and opportunities, and any further data you may need to thrive in the 2D materials industry. This 2D materials market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The 2D materials market consists of sales of products including supercapacitors and batteries, photodetectors, and solar cells. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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