Graphdiyne Market - By Form (Film, Powder, Nanowalls & Others), By Structure (Nanowires, Nanotube Arrays, Nanosheets, Ordered Stripe Arrays, Nanoribbons & Others), By Application (Gas Separation, Water Purification, Catalysis (Photocatalyst, Electrocatalyst & Others), Humidity Sensor, Lithium-Ion Batteries, Solar Cells (Perovskite Solar Cells, Quantum Dots Solar Cells & Others), Electrochemical Actuators & Others), By End-use Industry (Energy & Power (Rechargeable Batteries, Energy Storage & Others), Electrical & Electronics (Electronic Devices, Thermoelectric Materials, Field Effect Transistors (FETs) & Others), Information Technology, Optoelectronics & Others), By Geography - Global Opportunity Analysis & Industry Forecast, 2024 - 2030
Graphdiyne Market Overview
The Graphdiyne Market size is estimated
to reach a value of US$45.8 million by the end of 2027 after growing at a CAGR of 10.5% during 2022-2027. Graphdiyne is a carbon allotrope
with a two-dimensional (2D) structure. In a two-dimensional planar network,
graphdiyne comprises sp and sp2-hybridized carbon atoms that form
benzene rings and diacetylene connections. It can form a 2d hexagonal allotrope
with boron nitride. It is available in different structures like nanotubes,
nanowires, nanoribbons and nanosheets. Graphdiyne like carbon nanotubes serve a purpose in various prototypes in nanomaterials. Its unique sp–sp2
carbon atoms, uniform pores and highly-conjugated structure have promising
applications in gas separation, catalysis, water remediation, humidity sensors and energy-related fields. Graphdiyne interacts with metal ions and this
property has a wide variety of applications in different industries, which is
boosting the global graphdiyne industry.
COVID-19 Impact
Many industries across the
globe have faced several challenges due to the COVID-19 pandemic. The industries
such as energy and power, optoelectronics, water purification including many others
have experienced pitfalls. Many projects in such industries have been halted
due to an interrupted supply chain and employee shortages due to quarantines. Also,
the production and demand in the electrical and electronics industry have declined
due to an interrupted supply chain and the cessation of the transportation of raw
materials. According to International Energy Agency, global electrical demand
in June and July 2020 was 5-10% below from 2019 level. Moreover, there was a sharp
decrease in the production of transistors and sensors due to the factory shutdown.
Thus, the global pause in industrial production and distribution, the demand
and consumption of global graphdiyne has hampered to an extent in several industries.
Report Coverage
The “Graphdiyne Market Report – Forecast (2022-2027)” by IndustryARC, covers an in-depth analysis of the following segments in the Graphdiyne Market.
Key Takeaways
- Asia Pacific is the fastest growing region in the Graphdiyne Market. This growth is mainly attributed to the increased demand from energy and power industry.
- Electrical and electronics is expected to be the significant segment owing to the surge in demand for graphdiyne in transistors and electronic devices.
- Graphdiyne plays an important role in several industries especially in the water purification and solar cells which is expected to provide significant growth opportunity for the global market.
The water purification segment held the largest Graphdiyne Market share in 2021 and it accounted for around 21%. The decontamination of heavy metal ion-polluted water is a global concern. Graphdiynes are two-dimensional carbon-based compounds that have been proposed as molecular filters, particularly for water purification. The acetylenic linkages in graphdiyne strongly interact with metal ions, making it a good option for the adsorption of heavy metal ions. Graphdiyne is employed as an adsorbent to extract lead ions from water in this experiment. According to India Investment Grid, investment for water purification in India in 2021 was estimated to be US$ 106.45 billion. Thus, surge in demand of global graphdiyne in water purification is boosting the Graphdiyne Market size.
Graphdiyne Market Segment Analysis – by End-use Industry
The electrical and electronics
segment held the largest Graphdiyne Market share in 2021 and it is
expected to grow with a CAGR of around 11.6% during the forecast period. Graphdiyne
has several applications in electrical and electronics owing to its low
effective electron mass and wide band gap in the semiconducting region,
graphdiyne appears to be a considerably superior semiconductor to conventional
silicon-based semiconductors. The electromechanical coupling of graphdiyne also
has a wide range of applications for both mechanically and electronically
driven systems, such as sensors, including heat and strain sensors. Adsorption
of transition metals in graphdiyne can modify its overall electrical behavior.
It serves a purpose in various applications such as semiconductors sensors,
batteries and transistors. According to Allianz Trade, semiconductor revenue in
2021 globally reached US$ 553 billion. Thus, the increasing demand of electricals
and electronics is driving the growth of the Graphdiyne Market size.
Graphdiyne Market Segment Analysis – by Geography
The Asia Pacific is the leading region accounted for the largest portion in the Graphdiyne Market share in 2021 and held nearly 33% of the market share. This growth is mainly attributed to the increase in energy and power demand. Rechargeable batteries have more capacity to retain the charge which is not the case with capacitors. Therefore, it serves a great purpose in energy storage. A graphdiyne is used in the manufacturing of the battery material. This material can be used in a complete lithium-ion cell with a variety of electrolytes and cathodes. Graphdiyne has a low areal density and a large electrochemical window, allowing it to operate at a variety of voltages. According to International Energy Agency, the total energy supply in the Asia Pacific in 2019 was 260132572 trillion joules. Thus, the growth in energy and power and surge in demand for energy storage and rechargeable batteries, in turn, boosts the market growth.
Graphdiyne Market Drivers
Potential Application of Graphdiyne Nanomaterial in Filtration
Graphdiyne is an
emerging carbon-based material. The primary factor that accounts for the
organic compounds removal effectiveness in water treatment is electrochemical
oxidation of water to produce highly reactive hydroxyl radicals. It has
excellent heavy metal adsorption properties. The current water purification system is
inefficient to serve the increasing requirement for filtration. According to
Membracon, 40% of the world's population in 2021 is facing water-related
issues. If nothing changes, the figure is expected to reach 50% of the global
population by 2050. Therefore, there is a need for an efficient nanomaterial-based
purification system. Thus, the increase in the demand for water treatment is fueling
the growth of the Graphdiyne Market.
Growth in Solar Industry
Graphdiyne can be used in photovoltaic applications in solar cells. It can improve the performance of solar cells greatly as it has a high conversion efficiency of 21.01%. Graphdiyne has excellent environmental stability and electronic properties. When compared to standard carbon materials, graphdiyne has uniformly dispersed pores, limitless design flexibility and a distinct electrical character. Because of its higher Fermi level, it is critical for hole accumulation and transportation. As a result, photogenerated carriers can be separated automatically. Solar energy, a renewable energy source, has great scope as it is a clean and sustainable source of energy. According to the United States Department of Energy, around 1 million solar cell units have been built in the last 2 years in the United States. Thus, the growth of the solar industry and surge in demand for clean energy is boosting the demand for the Graphdiyne Market.
Graphdiyne Market Challenge
Limitations in Using Nanocomposite
There is a fundamental difference between graphdiyne and graphene. Graphdiyne has a stiffness of around 30% that of graphyne, however, its strength is likely to be significantly diminished. The extra acetylenic linkage significantly reduced the atomic coordination number, resulting in weaker bonding, resulting these decreases. It's also worth noting that graphdiyne appears to have an isotropic mechanical behavior. Therefore, graphdiyne is not suitable for usage in nanocomposites which may hamper the market growth.
Graphdiyne Industry Outlook
Technology launches, acquisitions and R&D activities are key strategies adopted by players in the Graphdiyne Market. The top 10 companies in the Graphdiyne Market include:
- Versarien
- Haydale
- First Graphene
- Directa Plus
- Talga
- AGM
- Zenyatta
- Graphenea
- NanoXplore
- XG Sciences
Relevant Reports
Report Code: CMR 84809
Report Code: ESR 0240
Report Code: ESR 95622
For more Chemicals and Materials Market reports, please click here
LIST OF TABLES
1.Global Graphdiyne Market, by Type Market 2023-2030 ($M)2.Global Graphdiyne Market Analysis and Forecast by Type and Application Market 2023-2030 ($M)
3.Global Graphdiyne Market, by Type Market 2023-2030 (Volume/Units)
4.Global Graphdiyne Market Analysis and Forecast by Type and Application Market 2023-2030 (Volume/Units)
5.North America Graphdiyne Market, by Type Market 2023-2030 ($M)
6.North America Graphdiyne Market Analysis and Forecast by Type and Application Market 2023-2030 ($M)
7.South America Graphdiyne Market, by Type Market 2023-2030 ($M)
8.South America Graphdiyne Market Analysis and Forecast by Type and Application Market 2023-2030 ($M)
9.Europe Graphdiyne Market, by Type Market 2023-2030 ($M)
10.Europe Graphdiyne Market Analysis and Forecast by Type and Application Market 2023-2030 ($M)
11.APAC Graphdiyne Market, by Type Market 2023-2030 ($M)
12.APAC Graphdiyne Market Analysis and Forecast by Type and Application Market 2023-2030 ($M)
13.MENA Graphdiyne Market, by Type Market 2023-2030 ($M)
14.MENA Graphdiyne Market Analysis and Forecast by Type and Application Market 2023-2030 ($M)
LIST OF FIGURES
1.US Global Graphdiyne Industry Market Revenue, 2023-2030 ($M)2.Canada Global Graphdiyne Industry Market Revenue, 2023-2030 ($M)
3.Mexico Global Graphdiyne Industry Market Revenue, 2023-2030 ($M)
4.Brazil Global Graphdiyne Industry Market Revenue, 2023-2030 ($M)
5.Argentina Global Graphdiyne Industry Market Revenue, 2023-2030 ($M)
6.Peru Global Graphdiyne Industry Market Revenue, 2023-2030 ($M)
7.Colombia Global Graphdiyne Industry Market Revenue, 2023-2030 ($M)
8.Chile Global Graphdiyne Industry Market Revenue, 2023-2030 ($M)
9.Rest of South America Global Graphdiyne Industry Market Revenue, 2023-2030 ($M)
10.UK Global Graphdiyne Industry Market Revenue, 2023-2030 ($M)
11.Germany Global Graphdiyne Industry Market Revenue, 2023-2030 ($M)
12.France Global Graphdiyne Industry Market Revenue, 2023-2030 ($M)
13.Italy Global Graphdiyne Industry Market Revenue, 2023-2030 ($M)
14.Spain Global Graphdiyne Industry Market Revenue, 2023-2030 ($M)
15.Rest of Europe Global Graphdiyne Industry Market Revenue, 2023-2030 ($M)
16.China Global Graphdiyne Industry Market Revenue, 2023-2030 ($M)
17.India Global Graphdiyne Industry Market Revenue, 2023-2030 ($M)
18.Japan Global Graphdiyne Industry Market Revenue, 2023-2030 ($M)
19.South Korea Global Graphdiyne Industry Market Revenue, 2023-2030 ($M)
20.South Africa Global Graphdiyne Industry Market Revenue, 2023-2030 ($M)
21.North America Global Graphdiyne Industry By Application
22.South America Global Graphdiyne Industry By Application
23.Europe Global Graphdiyne Industry By Application
24.APAC Global Graphdiyne Industry By Application
25.MENA Global Graphdiyne Industry By Application