HG:CC - Graphene Provides Multiple Benefits to Lubricant Applications
Rarely in history are investors given the opportunity to participate in the development of an emerging revolutionary technology from the ground floor.
That industry is graphene. And, thanks to advancements in nanotechnology, chemistry, and manufacturing processes, graphene is poised to become an invaluable raw material in the manufacture and functionality of an almost limitless array of products in almost every industry.
Graphene, a commercially viable “super-material,” is stronger than steel, harder than diamond, more conductive than copper, and has better electron mobility than silicon. Its markets and applications are nearly limitless — it is added to other materials to improve strength, water resistance, flexibility, and electrical conductivity, and it promotes clean energy by improving battery, solar panel, and supercapacitor technology.
Lubricants, coatings and resins are three important markets using graphene.
According to Grandview Research, the global coatings market, which is expected to be worth US$83 billion in 2021, will grow at a 3.5% CAGR through 2030. Due to the rising demand for higher-performance lubricants, the US$130.03 billion lubricants industry in 2021 will grow at a 3.7% CAGR through 2030.
Meanwhile, the thermoplastic resin market is expected to grow at a 7.7% CAGR to US$40.06 billion by 2030, owing to their higher heat tolerance, greater fatigue resistance, and being 30%-40% lighter than aluminum. Meanwhile, Vantage Market Research predicts that the global graphene market will be worth $2.5 billion by 2028.
Graphene is one of the most notable nanomaterials that is widely being tested as a lubricant additive. Historically, graphite, graphene’s parent material, has been widely used in this application. Graphene is a single material that can be added at fractions of a percent to provide several key advantages that can be valued by the full user spectrum.
For lubricating oil applications in general, graphene can d...
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