graphene is an incredibly promising material with numerous potential applications in technology and medicine. It has been the subject of extensive research and development, with many companies investing significant resources into developing new forms of graphene for various purposes.
(how much graphene was sold in 2017)
In 2017, graphene sales were not well-documented. However, it is estimated that the global graphene market size was approximately $400 million in 2016 and is expected to reach over $800 million by 2023. This growth can be attributed to several factors, including the increasing demand for advanced materials and the growing interest in clean energy.
One of the key applications of graphene is in electronic devices. Graphene-based transistors have shown promising results in improving the performance of electronic circuits. They also have the ability to conduct electricity with high speeds, making them ideal for use in smartphones, computers, and other electronic devices.
Another application of graphene is in nanotechnology. Graphene is extremely thin, which makes it ideal for use in nano-scale electronics. It can also be used as a replacement for conventional materials in some areas, such as solar cells and batteries.
Graphene is also being used in medicine due to its unique properties. One of the most notable applications of graphene is in drug delivery systems. It is being used to create custom-made drugs that can target specific cells or tissues in the body, potentially revolutionizing the way we treat diseases.
Despite the potential benefits of graphene, there are still some challenges associated with its production and use. For example, graphene is relatively expensive to produce, and the cost of creating high-quality graphene is still high compared to traditional materials. Additionally, graphene can be difficult to work with, particularly when it comes to scaling up production on a large scale.
(how much graphene was sold in 2017)
Overall, the global graphene market size in 2017 was around $400 million, with projections for continued growth in the coming years. While there are still some challenges associated with the production and use of graphene, it is clear that this material has significant potential in a wide range of applications. As research in this field continues to advance, we can expect to see even more innovative uses for graphene in the future.
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