By Sarah MooreOct 27 2022Reviewed by Megan Craig, M.Sc. Global Market Report2D Materials Since the discovery of graphene in 2004, the world’s first ‘modern’ 2D material, hundreds of others have been isolated, each with a wide range of useful and interesting properties.
Already, graphene’s unique properties have been leveraged into a number of applications. In particular, graphene has made great waves in the biomedical sector, as its extreme thinness and the relative ease of modifying its surface property gives it enormous potential as a platform for drug development as well as a material for new biosensors.
A 2020 publication in the journal Nature Electronics has demonstrated how molybdenum disulfide can be used to produce sensitive and highly flexible wearables that have the potential to be leveraged in prosthetics and health monitoring technologies. Graphene is also making an impact in the fight against food waste. As populations grow and crops are increasingly jeopardized due to the effects of global warming, experts warn of the lingering food crisis. Over recent years, methods of limiting food waste as a strategy for addressing food insecurity have become increasingly popular.
North America is currently the dominating region, holding more than half of the market share, followed by Europe, Asia Pacific, the Middle East and Africa, and South America. Over the forecast period, China will show rapid growth, driving the market in Asia Pacific. This region may gain a considerable part of the market share by the end of the decade. Extensive research and design and technological advances in applications such as graphene-based solar PV modules are propelling this growth.
As more is discovered about 2D materials, and as more materials are discovered and isolated, it is likely that applications of 2D materials will widen even further. Continue reading: Spintronics, 2D Materials, and the Future of Quantum References and Further Reading 2D Materials Market: Global Market Forecast and Future Potential [online]. Maximize Market Research. Available at: https://www.maximizemarketresearch.com/market-report/global-2d-materials-market/74941/