Graphene is a semi-metal made up of an atomic-scale hexagonal lattice made of carbon atoms. It is a carbon element comprising of a single layer of carbon atoms composed in a hexagonal lattice with a basic structural element of many other allotropes of carbon, such as diamond, graphite, carbon nanotubes, and fullerenes. It is well known for its uncommon properties as it is the strongest material ever tested with transparency nature of conducting efficient heat and electricity.
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The Global Graphene Market is expected to grow at a CAGR of 40.0% during the forecast period. Speciality of Graphene on the basis of their conductivity and resistance is widely used in various applications such as composites, functional ink, sensors, research & development and energy storage. Companies these days are more into the above applications. Moreover, its main characteristic is low cost. As it posses less cost it requires higher speed printing for commercial usage as conductive ink. It could be reprocessed and is less expensive than silver. Hence, with current research and developments in this area, the market for graphene is expected to increase in the electronics industry. On considering all these aspects, Companies can invest their capital on developing the products.
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Furthermore advancements in graphene by ABB Corporate Research Center in Västerås, working with grapheme stated that these kinds of materials are used in electronics and telecommunication industry, as they can be used to dissipate efficient heat from electronics which enables more compacted designs, longer life spam and safer operation. In the coming generation more and more data centres will be needed to deposit data, there is huge demand for advanced thermal management solutions.
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