Global Graphene Infused Packaging Market Overview
Graphene, composed of carbon atoms bonded in one plane as a honeycomb lattice, reigns supreme in its electrical, thermal, and mechanical characteristics compared to almost any other material in existence. The 2-dimenional structure of graphene provides it the potential to overcome some of the inherent limitations of other advanced materials like carbon nanotubes (CNTs) to integrate into practical applications. Several researchers have studied the intrinsic properties of graphene, i.e., for a suspended atomic monolayer – a peculiar manifestation where no other 3D materials exist. In this form, graphene has demonstrated an array of properties that surpass those of currently used materials. Graphene also possesses some unique optical properties. It does not have a band gap and therefore can absorb radiation extending all the way into the THz range. Electronic packaging applications, among others, are particularly positioned to benefit from the utilization of graphene as they often rely on a combination of properties (such as thermal, electrical, and mechanical). Graphene can be produced using two approaches. Top-down approaches typically use graphite as the starting material and “exfoliate” it to yield graphene. These processes are capable of producing large quantities of high-quality graphene in flake or powder form. On the other hand, bottom-up approaches create layer by layer of graphene from a carbon source; these are slower but yield continuous large area, single or multi-layer sheets.
Market Size & Forecast
Graphene infused packaging market is anticipated to record a CAGR of 5.2% over the forecast period. Many multi-national companies are concentrating towards new product advances in graphene infused packaging. Moreover, the many advantageous properties of graphene infused packaging are exploited in the field of pharmaceutical and electronic components packing now and then. New uses for graphene infused packaging derivatives are discovered on regular basis which is expected to drive the graphene infused packaging market rapidly.
Currently the global graphene infused packaging market is observing vibrant growth owing to increasing demand of moisture resistant packaging in the market. Advances in electronic industry in the past few years and growing technological explorations are projected to drive graphene infused packaging market during the forecast period.
On the basis of regional platform, global Graphene Infused Packaging market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region.
As an industrially developed region, North America is panned to observe substantial growth in graphene infused packaging market on account of rising graphene infused packaging usage in next-generation electronics packaging. North America is expected to be followed by Asia Pacific in terms of consumption on the back of expanding graphene infused packaging requirements in growing end-user industries.
Europe is expected to drive the demand and positively impact graphene infused packaging market growth over the forecast period on account of increasing graphene infused packaging application for moisture resistant pharmaceutical and food packaging. With increasing pharmaceutical sales from 13,156.1 million of national currency units in 2010 to 18,554.1 million of national currency units in 2016 in U.K alone as per the statistics of OECD, the graphene infused packaging market is predicted to propel decently across the region.
Our-in depth analysis of the global Graphene Infused Packaging market includes the following segments:
By End-User Industries
Global Graphene Infused Packaging Market is further classified on the basis of region as follows:
Growth Drivers & Challenges
Graphene consists of some specific features such as superior electrical properties of graphene for instance high mobility (~20m2 / Vs), high current density (~108 A/cm2), ballistic transport, and low electrical resistivity that makes it an attractive choice for next generation electronics packaging. From a stand-point of mechanical properties, graphene films possess an elastic modulus of ~1TPa and high intrinsic strength (~30GPa), when combined with its low density, making graphene much lighter, stronger and harder than steel at similar dimensions which makes graphene infused packaging an interesting choice for industry manufacturers. With the strength and stiffness of graphene they can be utilized even as atomically thin sheets thereby allowing remarkable mechanical strength to be combined with geometric flexibility which is expected to contribute significantly in the graphene infused packaging market. Graphene fillers in an organic (polymeric) matrix are deployed for applications such as conductive inks, thermal interface materials (TIMs), barrier layers, shielding layers, encapsulants, and electrically conductive adhesives along with providing moisture resistance to the graphene packaged products that is expected to drive the graphene infused packaging market sturdily across the globe. Utilization of graphene infused packaging rely on a combination of properties, such as thermal, electrical, and mechanical on account of which graphene-based materials, therefore, can provide a significant leap forward in the performance and reliability of electronic devices and systems.
However, research and developmental activities ongoing regarding graphene infused packaging has not been proven on a large scale and is at its initial stages which is anticipated create doubt on the manufacturers population in its adoption that is estimated to serve as the major factor in restraining the robust growth of graphene infused packaging market during the forecast period.
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