You might not be able to see them, but nanocomposites are going to be worth a lot of money by halfway through next decade, if researchers are correct.
Nanocomposites are solid materials that incorporate nano-sized particles into their matrix to alter the physical properties of materials — such as flexibility or hardness.
Graphene nanocomposites have “exceptional electronic, mechanical and thermal properties that are expected to increase its use in various composite applications”, according to researcher Fior Markets.
It predicts that the global market for graphene nanocomposites will reach $1.1 billion by 2026, at a phenomenal compound annual growth rate of nearly 25 per cent.
“Factors propelling the growth of the market include increasing demand for graphene nanocomposites, remarkable characteristic properties, and helpful in simplifying the next generation of technologies in various industries,” the report reads.
It presents a strong market opportunity for ASX-listed graphene player First Graphene (ASX:FGR), which manufactures and sells high-quality graphene products in its PureGRAPH range.
First Graphene will soon start selling those products in Australia, having received crucial approval to have them listed on the Australian Inventory of Chemical Substances (AICS) late last month.
That followed European regulatory registration, which made First Graphene is one of three entities in the world with regulatory approval for the sale of up to 10 tonnes per annum of graphene powders in Europe.
About First Graphene
First Graphene is a leading supplier of high-performing, graphene products. The company has a robust manufacturing platform based upon captive supply of high-purity raw materials and an established 100 tonne per year graphene production capacity.
Commercial applications are now being progressed in composites, elastomers, fire retardancy, construction and energy storage.
This content is produced by Star Investing in commercial partnership with First Graphene. This content does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.
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