Graphene Quantum Dots Market to Grow At Impressive Rate During the Forecast Period
Growing adoption of cadmium-free
quantum dots across various industries, along with the rising demand for
photovoltaic cells and display applications, is driving the Global Graphene
Quantum Dots Market.
According to
TechSci Research report, “Graphene Quantum Dots Market – Global Industry
Size, Share, Trends, Opportunity, and Forecast, 2018-2028F,” the global Graphene Quantum Dots
market is driving on account of the increasing applications in the healthcare
sector. The graphene quantum dots are used for targeting medical applications
as these have the highest market demand. GQDs have various advantages, such as
low toxicity, high biocompatibility, photostability, photoluminescence, etc.,
which makes them highly suitable for medical applications such as bio-imaging,
bio-sensing, drug delivery, etc. Graphene quantum dots can be used to target
Circulating Tumor Cells, Human Breast Cancer Cells, A549 (adenocarcinoma human
alveolar basal epithelial cells), MCF-7 Cells, HeLa Cells, Skin Cells, and
other cancer cells.
Graphene Quantum Dots can be
produced using graphene as a precursor as it is prominently used in the global market.
Graphene has advantages, including high electrical and thermal conductivity,
high control of functionalization, high flexibility, etc. These advantages make
graphene an ideal raw material for manufacturing graphene quantum dots
primarily for medicals applications. Graphene costs between USD 50 to USD 200
per kilogram depending upon the flake quality.
The contagious coronavirus
disease (COVID‐19) caused severe illness and mortality in humans. To improve
the COVID‐19 situation, extensive studies were continuously carried
out to develop vaccines and test-kits that can reduce the alarming rate of
deaths caused by the virus. After the lockdown was lifted for the chemical
production labs, the demand for GQDs increased drastically as GQDs are a
promising mediator in the battle against the virus. The GQDs are unique
zero-dimensional materials of the carbon family that has various applications
in different industries due to their optical, chemical, physical, electrical,
and biological characteristics. The GQDs have stronger photoluminescence (PL)
along with photostability and biocompatibility. All this makes GQDs ideal for a
number of state-of-the-art applications that include optical brightening,
photovoltaics, LEDs, security tagging, drug delivery, markers for bioimaging,
cellular imaging, batteries, fluorescent polymers, antibacterial systems,
sensors, flash memory devices, among others. Graphene Quantum Dots (GQDs) are
coupled with high fluorescent probes, which are crucial for the detection and
long‐term
fluorescence imaging of various cellular processes. Additionally, the
incorporation of potential biocompatible carriers can aid in interdisciplinary
research and allow clinical approaches to combat the virus.
Browse over XX market data
Figures spread through XX Pages and an in-depth TOC on the "Global Graphene Quantum Dots Market."
Based on raw material the
market is fragmented into Graphene, Graphite, Coal, Carbon fiber, Carbon
Nanotubes, Carbon Black, Others. Based on color type, the market is segmented
into Blue, Red, Green, Cyan, Others. Based on application, the market is
segmented into Medical Applications, display, security and anti-counterfeiting,
batteries and storage, LED, Others. Based on Industry the market is fragmented
into consumer, healthcare, commercial, defense, information technology and
communications, others.
Top companies are spending a
lot of money on evaluation and analysis of the different manufacturing
techniques to improve the product offerings and variety in the sizes for the graphene
quantum dots across the globe. Operational effectiveness, technological
advancements, and performance optimization are all products of R&D
activities. One of the main factors driving the expansion of the market for Graphene
Quantum Dots is the rise in demand for
non-cadmium-based quantum dots across the globe.
Key market players in the Global
graphene quantum dots market include:
- Quantag Nanotechnologies
- Dotz Nano Ltd.
- Green Science Alliance Co.
Ltd.
- Zen Graphene Solutions Ltd.
- Sisco Research Laboratories
Pvt. Ltd.
- Jiangsu Xfnano Raw Materials
Tech Co., Ltd.
- Graphene Square Inc.
- Nanochemazone
- Merck KGaA
- Strem Chemicals, Inc.
Recent Developments
- Dotz Nano (DTZ)
signed a deal with Hygiene Links to get exclusive rights for the distribution
of its SARS-COV-2 virus detection technology manufactured using GQDs in the
brand of the Dotz Test-Kits in the United Arab Emirates, Egypt, and Sudan in
August 2020 through the private sectors of the countries.
- In July 2019,
Dotz partnered with licensed cannabis producer Seàch Medical to develop global
in-plant cannabis tagging. In April 2021, Terasaki Institute for Biomedical
Innovation developed GQD for medical imaging, which was prepared by mixing GQD
with shear-thining hydrogels.
- In March 2021,
Green Science Alliance Co., Ltd. developed GQD + silica composite material for
white LED. It emits light with a wavelength of 440-470 nm. In October 2019, the
company also developed GQD from Silica Based Inorganic Composite Material which
has improved light fastness and heat resistance.
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“Ongoing advancements in graphene
quantum dots associated with their low-cost manufacturing processes is expected
to break the barriers between providers and this is likely to boost the global graphene
quantum dots market in the forecast years. The extensive need for the nontoxic
quantum dots for various applications in the healthcare sector is a boosting
factor for the market globally. Moreover, supportive government policies for Graphene
Quantum Dots manufacturing processes all over the globe with emerging advancements
in the raw materials has also been positively influencing the market with a
continuous urge for launching new products in the upcoming years.” said Mr.
Karan Chechi, Research Director with TechSci Research, a research based global
management consulting firm.
“Graphene Quantum Dots Market – Global Industry
Size, Share, Trends, Opportunity, and Forecast, 2018-2028F Segmented
By Raw Material (Graphene, Graphite, Coal, Carbon fiber, Carbon Nanotubes,
Carbon Black, Others), By Color Type (Blue, Red, Green, Cyan, Others), By
Application (Medical Applications, Display, Security and Anti-Counterfeiting,
Batteries and Storage, LED, Others), By Industry (Consumer, Healthcare,
Commercial, Defence, Information Technology and Communications, Others), By
Region, Competition Forecast & Opportunities, 2018-2028F,”, has evaluated the future growth potential of Global Graphene Quantum
Dots Market and provides statistics and
information on market structure, size, share, and future growth. The report
intends to provide cutting-edge market intelligence and help decision makers
take sound investment decisions. Besides, the report also identifies and
analyzes the emerging trends along with essential drivers, challenges and
opportunities in the Global Graphene Quantum Dots Market.
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