2D Materials Market- Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Type (Graphene, Black Phosphorous, Silicone, Transition Metal Dichalcogenides, Hexagonal Boron Nitride, Others), By Application (Pharmaceuticals, Energy Storage Devices & Semiconductors, Automobiles & Airplanes, and Others) By Region and Competition 2018-2028

Global 2D Materials Market is projected to grow at an impressive rate through 2028. 2D Materials are thin layers of different material types, typically graphene and silicon. 2D materials are renowned for their great strength, low weight, flexibility, and excellent heat and electricity conductivity. For instance, graphene is a million times thinner than paper, almost transparent, and thought to be the world's strongest substance. Graphene, the trailblazer in this field, is a single layer of carbon atoms arranged in a hexagonal lattice. It possesses unparalleled electrical conductivity, exceptional mechanical strength, and remarkable thermal properties. Graphene's remarkable potential has spurred extensive research and exploration, propelling the entire field of 2D materials.

2D materials offer exciting possibilities in electronics. Graphene, for instance, holds promise for high-speed transistors, flexible and transparent displays, and ultra-sensitive sensors. Other 2D materials, such as transition metal dichalcogenides (TMDs), exhibit semiconducting behavior, paving the way for next-generation optoelectronics and energy-efficient devices. The energy sector is ripe with opportunities for 2D materials. Graphene and TMDs have demonstrated remarkable potential in energy storage and conversion systems. Graphene-based supercapacitors have shown exceptional charge-discharge properties, while TMDs have proven efficient for catalytic reactions in fuel cells and solar cells. Few other examples of 2D materials are Hexagonal Boron Nitride (h-BN), and Silicene & Germanene. Hexagonal Boron Nitride (h-BN): h-BN is a 2D material composed of alternating boron and nitrogen atoms arranged in a hexagonal lattice. It is an insulator with excellent thermal conductivity, making it ideal for applications such as thermal management in electronics and as a protective coating. h-BN is also used in combination with graphene to create heterostructures with unique properties. Silicene and germanene are 2D counterparts of silicon and germanium, respectively. They share some similarities with graphene but have a buckled structure due to the heavier atoms. Silicene and germanene have potential applications in electronics, spintronics, and quantum computing due to their unique band structures and compatibility with existing silicon-based technology.

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Promising demand from the Pharmaceutical Industry According to GLOBOCAN 2020, recent research on global statistics on cancer analyzed from 185 countries, cancer is one of the world's worst diseases, accounting for approximately 19.3 million (M) new cases and causing close to 10 M deaths in 2020. According to World Health Organization (WHO) estimates, cancer ranks first or second in 112 and third or fourth in 23 of 183 nations as a cause of death for those under the age of 70. 2D materials offer exciting prospects for drug delivery systems. Their large surface area and the ability to easily functionalize their surface make them ideal for carrying and releasing therapeutic agents. These materials can be modified to encapsulate drugs, protecting them from degradation and enabling controlled release at specific sites in the body. Additionally, the ability of 2D materials to penetrate cell membranes may facilitate targeted drug delivery, enhancing the efficiency and specificity of treatments. 2D materials can be used as valuable tools for diagnostics in the pharmaceutical industry. Graphene-based sensors, for example, can detect specific biomarkers or analytes, enabling early disease detection or monitoring of treatment response. The high sensitivity, fast response, and low cost of 2D material-based biosensors make them attractive for point-of-care testing and personalized medicine. The use of 2D materials in tissue engineering and regenerative medicine holds great potential. Graphene and other 2D materials can be incorporated into scaffolds or coatings for implants to enhance biocompatibility and promote cell adhesion, growth, and differentiation. These materials can also be functionalized with bioactive molecules to stimulate tissue regeneration or act as carriers for growth factors and other bioactive substances. Their unique optical properties, including fluorescence and Raman scattering, can be exploited for imaging cells, tissues, and even drug distribution in vivo. Moreover, by combining therapeutic agents and imaging agents on the same 2D material platform, theranostic systems can be developed. These systems allow simultaneous therapy and monitoring of treatment efficacy, enabling personalized medicine approaches.

Environmental Application for Sustainable Development

2D materials possess exceptional sensing capabilities, making them valuable for environmental monitoring. Their high sensitivity, low power consumption, and miniaturization potential allow the development of compact and cost-effective sensor platforms. These sensors can detect a wide range of environmental parameters, including temperature, humidity, gases, and pollutants, providing real-time data for environmental monitoring and management. 2D materials, such as transition metal dichalcogenides (TMDs), have also shown promising results in catalytic applications. Their unique surface properties and active sites can enhance reaction rates and selectivity in various chemical processes. This can lead to more efficient and sustainable production methods, reduced energy consumption, and the use of environmentally friendly solvents. 2D materials can also enable the conversion of greenhouse gases (e.g., carbon dioxide) into value-added products, contributing to carbon capture and utilization efforts. 2D materials can be integrated into environmental sensors for monitoring air and water quality. By functionalizing their surface, these materials can selectively capture and detect pollutants such as volatile organic compounds (VOCs), gases, and particulate matter. This information can be crucial for understanding pollution sources, assessing environmental impact, and implementing effective mitigation strategies. Graphene oxide (GO) and other 2D materials have demonstrated excellent filtration properties, making them ideal candidates for water purification and desalination processes. GO membranes can effectively filter out contaminants, including heavy metals, organic pollutants, and microorganisms while allowing water molecules to pass through. Their thinness and high permeability make them energy-efficient alternatives to conventional filtration methods, aiding in the provision of clean drinking water and mitigating water scarcity.

Recent Developments

• In September 2022, NanoXplore acquired XG Sciences. This acquisition speeds up the company's entry into the market for materials for rechargeable batteries, while also significantly improving its intangible assets related to graphene and battery materials enhanced by graphene.
• In December 2021, in a backward merger deal worth USD 31.5 million, Black Swan Graphene Inc. signed an enforceable letter of intent to acquire Dragonfly Capital Corp. Black Swan Graphene Inc. and Dragonfly Capital Corp. decided to exchange shares in an opposing merger transaction on December 13, 2021. For each common share of Black Swan that a shareholder owns, they would receive 15.2 consideration shareholdings.
• In September 2021, Colloids Limited unveiled a new infrastructure for customized polymeric materials, utilizing its revolutionary graphene masterbatch advanced technology. Graphene has garnered a lot of attention due to its amazing properties. Additionally, it exhibits high thermal and electrical conductivity, as well as exceptional mechanical properties.

Market Segmentation

Global 2D Materials market is segmented by type, application, region and competitive landscape. Based on type, the market is divided into Graphene, Black Phosphorous, Silicone, Transition Metal Dichalcogenides, Hexagonal Boron Nitride, and Others. Based on application, the market is segmented into Pharmaceuticals, Energy Storage Devices & Semiconductors, Automobiles & Airplanes, and Others.

Market Players

BASF SE, NanoXplore Inc., Cabot Corporation, Thomas Swan & Co. Ltd., Ossila Ltd, Materials Pte Ltd, Nitronix Nanotechnology Corporation, Smart-elements GmbH, ACS Material LLC, and Layer One – Advanced Materials are key market players.

Report Scope:

In this report Global 2D Materials Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

• Global 2D Materials Market, By Type:
• Graphene
• Black Phosphorous
• Silicone
• Transition Metal Dichalcogenides
• Hexagonal Boron Nitride
• Others
• Global 2D Materials Market, By Application:
• Pharmaceuticals
• Energy Storage Devices & Semiconductors
• Automobiles & Airplanes
• Others
• Global 2D Materials Market, By Region:
• North America
• United States
• Canada
• Mexico
• Europe
• France
• Germany
• United Kingdom
• Italy
• Spain
• Asia-Pacific
• China
• India
• Japan
• South Korea
• Australia
• South America
• Brazil
• Argentina
• Colombia
• Middle East & Africa
• South Africa
• Saudi Arabia
• UAE
• Turkey
• Egypt

Competitive Landscape

Company Profiles: Detailed analysis of the major companies in Global 2D Materials Market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

• Detailed analysis and profiling of additional market players (up to five).

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