Graphene is a single layer of carbon atoms arranged in a hexagonal lattice structure, which makes it highly conductive and durable. It has gained significant attention in recent years due to its unique properties, including high thermal conductivity, mechanical strength, and electrical conductivity.
(how much does a long bar of graphene cost 2019)
In 2019, the price of graphene began to climb as demand for this innovative material increased. While the exact cost of a long bar of graphene can vary depending on factors such as quality and purity, there are some rough estimates available.
According to data from Market Research Future (MRF), the global graphene market size was valued at approximately $734 million in 2018 and is expected to grow at a compound annual growth rate (CAGR) of 22.4% from 2020 to 2027. This growth is driven by increasing adoption of graphene-based technologies in various industries such as automotive, electronics, and aerospace.
One of the key factors driving the growth of the graphene market is its potential applications in energy storage. Graphene-based batteries have the potential to offer higher energy density and longer lifespan than traditional lithium-ion batteries, making them an attractive option for renewable energy sources such as solar power and wind power.
Another factor driving the growth of the graphene market is its potential applications in electronic devices. Graphene has unique properties that make it suitable for use in electronics such as flexible displays, sensors, and conductive coatings. As these applications continue to expand, the demand for graphene will likely increase.
Despite the growing demand for graphene, the industry still faces several challenges, including limited availability and high costs. One of the main barriers to widespread adoption of graphene is the relatively high cost per gram of the material, which is currently around $200-$250 per gram.
To address this issue, researchers and companies are developing new methods to produce graphene more efficiently and reduce costs. For example, researchers have developed a process for producing graphene from metal-organic frameworks (MOFs), which is a promising approach that could potentially lower the cost of graphene production.
(how much does a long bar of graphene cost 2019)
Overall, while the cost of a long bar of graphene may be a concern for consumers and businesses, the potential benefits of this innovative material make it an exciting area of research and development. With continued advancements in technology and decreasing costs, it is likely that graphene will become a more widely used material in various industries in the coming years.
Inquiry us
