Design World

  • Home
  • Technologies
    • 3D CAD
    • Electronics • electrical
    • Fastening & Joining
    • Factory automation
    • Linear Motion
    • Motion Control
    • Test & Measurement
    • Sensors
    • Fluid power
  • Learn
    • Ebooks / Tech Tips
    • Engineering Week
    • Future of Design Engineering
    • MC² Motion Control Classrooms
    • Podcasts
    • Videos
    • Webinars
  • LEAP AWARDS
  • Leadership
    • 2022 Voting
    • 2021 Winners
  • Design Guide Library
  • Resources
    • 3D Cad Models
      • PARTsolutions
      • TraceParts
    • Digital Issues
      • Design World
      • EE World
    • Women in Engineering
  • Supplier Listings

Advanced Carbon Materials Market Predicted to Grow

By Megan Crouse | October 18, 2016

Share

Driven in part by increased development of nanomaterials, the advanced carbon materials market is expected to grow to $5.29 billion globally by 2024, said a recent survey. The report by Grand View Research details the types of carbon materials most in demand, as well as key manufacturers in the industry.

In particular, more companies are using graphine in manufacturing, utilizing it as a protective coating for flexible consumer electronic devices. Companies like the Swedish Graphensic, which is working on a graphene-derived resistance standard measurement kit, are also finding new ways to use graphene in more specific applications. Driven by this type of development, worldwide demand for graphine was 481.2 tons in 2015.

Grand View Research found that the energy and fiber industries are particularly key. The energy industry is anticipated to have revenue growth of 6.8 percent from 2016 to 2024, accelerated by an increased demand for photovoltaic cells as opposed to conventional solar. Carbon nanotubes, which can be used as filling agents for photovoltaic cells, are also being used for new resin composite applications.

Carbon-fiber reinforced plastic is seeing increased use in the aerospace and defense markets, which may lead to more market growth in that area. Fibers are also anticipated to see market growth, because of increased use of carbon-fiber reinforced plastics in the automotive, construction, and electronics segments.

The complete report can be found here.


Filed Under: Materials • advanced

 

Related Articles Read More >

Self-lubricating and wear-resistant: igus bar stock for food, continuous operation and high media resistance
Minnesota Rubber and Plastics announces plans for new Innovation Center
The importance of resin selection
EXE014 - Image 1
Composite materials help place Italian race team in pole position

DESIGN GUIDE LIBRARY

“motion

Enews Sign Up

Motion Control Classroom

Design World Digital Edition

cover

Browse the most current issue of Design World and back issues in an easy to use high quality format. Clip, share and download with the leading design engineering magazine today.

EDABoard the Forum for Electronics

Top global problem solving EE forum covering Microcontrollers, DSP, Networking, Analog and Digital Design, RF, Power Electronics, PCB Routing and much more

EDABoard: Forum for electronics

Sponsored Content

  • Pushing performance: Adding functionality to terminal blocks
  • Get to Know Würth Industrial Division
  • Renishaw next-generation FORTiS™ enclosed linear encoders offer enhanced metrology and reliability for machine tools
  • WAGO’s smartDESIGNER Online Provides Seamless Progression for Projects
  • Epoxy Certified for UL 1203 Standard
  • The Importance of Industrial Cable Resistance to Chemicals and Oils

Design World Podcasts

June 12, 2022
How to avoid over engineering a part
See More >
Engineering Exchange

The Engineering Exchange is a global educational networking community for engineers.

Connect, share, and learn today »

Design World
  • Advertising
  • About us
  • Contact
  • Manage your Design World Subscription
  • Subscribe
  • Design World Digital Network
  • Engineering White Papers
  • LEAP AWARDS

Copyright © 2022 WTWH Media LLC. All Rights Reserved. The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of WTWH Media
Privacy Policy | Advertising | About Us

Search Design World

  • Home
  • Technologies
    • 3D CAD
    • Electronics • electrical
    • Fastening & Joining
    • Factory automation
    • Linear Motion
    • Motion Control
    • Test & Measurement
    • Sensors
    • Fluid power
  • Learn
    • Ebooks / Tech Tips
    • Engineering Week
    • Future of Design Engineering
    • MC² Motion Control Classrooms
    • Podcasts
    • Videos
    • Webinars
  • LEAP AWARDS
  • Leadership
    • 2022 Voting
    • 2021 Winners
  • Design Guide Library
  • Resources
    • 3D Cad Models
      • PARTsolutions
      • TraceParts
    • Digital Issues
      • Design World
      • EE World
    • Women in Engineering
  • Supplier Listings