Hats off to ID TechEx for a great promotional strategy. The consulting company sent out a May 22, 2013 news release about graphene and its current state of commercialization which was picked up as a May 23, 2013 news item at Nanowerk,
Graphene has already come a long way towards commercialisation, despite its short history. Manufacturers are busy closing their second or third round of financing and many are installing multi-tonne production capacities across the world. At the same, many are moving up the value chain beyond simple powders to offer formulations and master-batches. The industry is also slowly realising that graphene is still far away from high frequency application, and is therefore looking for more realistic and lower hanging fruits. All these factors indicate that the hype is beginning to pass. But really hard questions still remain about what comes next and how to grow revenues.
The ID TechEx May 22, 2013 news release goes on to describe the challenges and promote the company’s graphene report,
We find that two main factors are acting as hard brakes on commercial growth of graphene. The first is that there is market confusion (and thus risks for the end user) and the second is that the main go-to-market strategy is replacing a well-entrenched incumbent solution. The industry should address both challenges if it is to grow beyond the $100 million dollar market forecast by us in our market research report (www.IDTechEx.com/gra
…The market confusion stems from the fact that there is no single graphene on the market. Instead, there are many graphene types. Each type is a departure from the ideal form and offers a different package of material properties. It will therefore be suitable for different end uses.Graphene can also be manufactured using a variety of techniques. This is a positive factor in that it creates more pathways for entering the production business, but it also adds to the overall confusion. This is because each technique produces a somewhat different graphene type with a different price point.It is currently mostly upon the potential end users and consumers – and there are many of them – to sift through this confusing market space to evaluate each graphene type and production technique for their own sets of requirements. While it does allow for differentiation between suppliers, it is a barrier against adoption. It therefore will be commercially beneficial if graphene producers collectively establish clear guidelines that will help reduce the risk and burden to the end users.There are promising signs that the industry is moving to dispel the confusion. Business-driven conferences are playing a positive role in bringing clarity to the market. [emphasis mine] The industry is already speaking of an association, and players are moving up the value chain en masse to relieve the burden off the end users. [emphasis mine]
I’ll get back to the business-driven conferences later but there is already some sort of graphene association, it’s the Graphene Stakeholders Association as per my April 23, 2013 posting.
The company’s May 22, 2013 news release provides more analysis and self-promotion,
Graphene has yet not identified many applications where it has a first mover advantage. The prevalent go-to-market strategy today is replacing existing incumbent solutions. Here graphene attempts to do what already exists on the market, only a little bit better and/or a little bit cheaper.There are many examples that verify this observation. CVD graphene pushes to replace ITO (or even ITO alternatives), but it is more expensive and has a higher sheet resistance. Graphene powders attempt to replace graphite or black carbon in composites as additives, but they are more expensive and the potential reduction in wt% may not be enough to create large and rapid market shares. Graphene competes with activated carbon in supercapacitors, and while it can offer a comparative performance advantage, its premium price will initially confine it to niche and low-volume corners of the business (more examples and more thorough assessment can be found in our report (www.IDTechEx.com/gra).…The industry is moving, albeit very slowly, beyond the ‘replacement’ phase too. We have seen several interesting product concepts such as transparent low-cost inks, IR images, low-noise sensors, etc, but more effort and imagination will be required. The alternative will otherwise inevitably be that suppliers will be forced to price to cost, and not to value. Graphene should be more than a “I am cheaper than the other guy” material.
The coup de grâce lies at the very end of the news release web page where the company mentions and provides a link to its upcoming “business-driven” conference, Graphene LIVE! 2013, Santa Clara, California 20-21 November 2013.
Revenons à mes moutons, the report webpage provides details about the report, a graph, and the report’s Table of Contents,
IDTechEx forecasts that 100 million dollars of graphene will be sold in 2018 into a range of applications, including RFID, smart packaging, supercapacitors, composites, ITO replacement, sensors, logic and memory, etc.For each market segment, the forecasts are provided by both value and mass. The forecast models are based on (a) our detailed market knowledge at application level, (b) our critical assessment of graphene’s value proposition per target market, and (c) existing and projected commercial activity at company level. Our knowledge base was built up by interviewing relevant players across the industry and tracking and interpreting the latest around the globe.IDTechEx finds that there is no single graphene, but they are different types of graphene. Each type has a different a microstructure, layer number, oxygen content, etc. And each type offers a different set of properties therefore targeting a different set of markets.
Graphene Opportunities 2013-2018: Technology, Markets, Players
Electronic £2595.00
Electronic and Hardcopy £2750.00
I like the fact that ID TechEx has included a lot of free information as they promote their report and their conference in a cohesive strategy.