Advancement of the Graphene Market in the Manufacturing Industry is estimated to be Huge in the Upcoming Decade
- Analysis
- 23-September-2020
The innovation of graphene has been a boon for the manufacturing industry. Just a mere atom-thick sheet of graphene is considered to be the world’s most conductive, thinnest, and strongest sheet. Graphene, in no time, became a huge part of the manufacturing sector right from automotive to textiles. Such graphene-enhanced complex products have found significance in aerospace, clothing, mobile devices, and building materials. With the wonder material on the brink of becoming a vital part of our everyday life, the growth of the Global Graphene Market has been enormous. In fact, graphene has successfully paved its way into becoming a crucial ingredient in our cars, smartphones, and also masks to protect us from the deadly COVID-19 infection. With the escalating growth of the graphene industry, leading market players are expected to come up with some excellent applications in the near future.
Notable Advancements in the Graphene Industry
The wonder material has paved its way into the paper industry. Payper Technologies, a UK-based start-up, has launched a brand new pay-at-table solution using graphene-enriched receipt paper. Using this receipt paper, the user can just place his mobile phone on the restaurant bill, and it would take no time for the payment screen to pop-up on-screen. With almost 69% of customers finding it to be an infuriating experience to pay the bill at the end, Payper’s new method is focused on extending a seamless experience to its users while dining out.
A leading firm providing innovative engineering solutions called Versarien recently invented its brand new graphene-enhanced safety face masks. It used Polygrene for the face masks known to be highly effective against several airborne bacteria and is expected to be extremely beneficial to reduce the spread of COVID-19.
Being one of the strongest materials, it came as a no surprise when graphene paved its way into manufacturing bicycles and vehicles. A company named Good year recently revealed that it has been using graphene technology for its latest bicycle tires.
With the wonder material acquiring more and more popularity in the academic as well as the corporate world, it is estimated to witness the usage of graphene in water purification and even medical sensors. It is also expected to replace silicon in the electronics industry. The skyrocketing demand for graphene is driven by its characteristics like super strength and lightweight.
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