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Europe 2D Materials Market Set for Remarkable Growth, Expected to Surge at a CAGR of 23.7% from 2022 to 2031

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DUBLIN, Feb. 13, 2024 /PRNewswire/ — The Europe 2D Materials Market: Analysis and Forecast, 2022-2031″ report has been added to  ResearchAndMarkets.com’s offering.

The European market for two-dimensional (2D) materials is anticipated to witness unprecedented growth over the next decade, with projections showing an increase from $77.9 million in 2022 to an estimated $528.0 million by 2031. This notable surge, calculated at a compound annual growth rate (CAGR) of 23.7% during the 2022-2031 forecast period, is largely due to escalating demand across diverse industries.

Market Drivers and Opportunities Fueling Expansion

The ongoing expansion within the Europe 2D materials sector is driven by several pivotal factors. There is a noticeable uptick in adoption rates of fuel cell vehicles and a concentrated effort to curb emissions and embrace decarbonization policies. Additionally, the soaring demand from end-user industries such as composite and coatings, energy storage, electronics, semiconductors, pharmaceuticals, and automotive sectors is stimulating market growth.

Europe’s commitment to reducing its carbon footprint aligns with the increased applicability of 2D materials in managing greenhouse gas emissions. Innovations in material science have propelled the versatility of 2D materials, enhancing their appeal across varied applications, from transparent conductive films in electronic devices to their incorporation into advanced photovoltaic systems and sporting goods.

Strategic Implications for Market Players

For organizations looking to navigate the 2D materials landscape, the report offers valuable insights into product innovation strategies, highlighting the varied material types and their applications in different end-user industries. The analysis also embraces growth and marketing strategies, capturing pivotal developments from major actors, including business expansions, strategic partnerships, and mergers and acquisitions.

In an increasingly competitive market space, the report provides an exhaustive competitive benchmarking of players within the Europe 2D materials market. Potential investors and stakeholders can gain an understanding of how companies are positioned relative to each other, and an in-depth look at the competitive strategies employed can reveal untapped market opportunities.

The rise of 2D materials in Europe is marked by not just their economic potential but also by their role in fostering a sustainable and technologically advanced future for the industry. The detailed analysis within this research publication provides an extensive overview of forecasted market trends, key drivers, and opportunistic pathways aligning with the market’s growth potential.

Company Profiles

Thomas Swan & Co. Ltd.Ossila Ltd2D Materials Pte Ltd.BlackleafBASF SEAVANZARE INNOVACION TECNOLOGICA S.L.Layer One2-D TechSmena

Key Topics Covered:

Executive Summary

Scope of the Study

1 Markets
1.1 Industry Outlook
1.1.1 Trends: Current and Future
1.1.1.1 Increasing Demand of 2D Materials for Hydrogen Fuel Cells in Electric Vehicles
1.1.1.2 Increasing Preference of 2D Materials to Lessen the Pollutants
1.1.2 Supply Chain Analysis
1.1.3 Ecosystem of 2D Materials Market
1.1.3.1 Consortiums and Associations
1.1.3.2 Regulatory/Certification Bodies
1.1.3.3 Government Programs
1.1.3.4 Programs by Research Institutions and Universities
1.1.4 Impact of COVID-19 on 2D Materials Market
1.1.4.1 Impact of COVID-19 on Automotive Industry
1.1.4.2 Impact of COVID-19 on Semiconductor Industry
1.1.4.3 Impact of COVID-19 on Energy Storage Devices
1.1.4.4 Impact of COVID-19 on Health Care Industry
1.1.5 Impact of Semiconductor Crisis on 2D Materials Market
1.1.6 Comparative Analysis Between Bulk Materials and Nano Materials
1.1.7 Comparative Analysis Between Transition Metal Dichalcogenides (TMDCs) and Graphene
1.1.8 Methodologies of 2D Materials
1.1.9 Significant Advancements in Graphene and Other 2D Materials
1.1.10 Emergence of Hybrid Technology
1.1.11 Recent Investments Made in 2D Materials
1.1.12 Emerging Start-Up Companies of 2D Materials
1.1.13 Snapshot of Smart Nanomaterials Market
1.2 Business Dynamics
1.2.1 Business Drivers
1.2.1.1 Growing Adoption of 2D materials in Energy Storage
1.2.1.2 Strong Growth of 2D Materials in the Healthcare Industry
1.2.1.3 Growing Demand of Transparent Conductive Films (TCF) in Electronic Industry
1.2.2 Business Challenges
1.2.2.1 Lack of Large-Scale Production of High-Quality Graphene
1.2.2.2 High Cost of Production
1.2.3 Business Strategies
1.2.3.1 Product Developments
1.2.3.2 Market Developments
1.2.4 Corporate Strategies
1.2.4.1 Mergers and Acquisitions
1.2.4.2 Partnerships and Joint Ventures
1.2.5 Business Opportunities
1.2.5.1 Expanding Market of Nanomaterials for Easily accessible Electric Vehicles
1.2.5.2 Increasing Opportunities for Non-Graphene 2D Materials
1.3 Start-Up Landscape
1.3.1 Key Start-Ups in the Ecosystem

2 Regions
2.1 Europe
2.1.1 Market
2.1.1.1 Key Producers and Suppliers in Europe
2.1.1.2 Business Drivers
2.1.1.3 Business Challenges
2.1.2 Applications
2.1.2.1 Europe 2D Materials Market (by End User), Volume and Value Data
2.1.3 Products
2.1.3.1 Europe 2D Materials Market (by Material Type), Volume and Value Data
2.1.4 Europe (by Country)
2.1.4.1 Germany
2.1.4.1.1 Market
2.1.4.1.1.1 Buyer Attributes
2.1.4.1.1.2 Key Producers and Suppliers in Germany
2.1.4.1.1.3 Regulatory Landscape
2.1.4.1.1.4 Business Drivers
2.1.4.1.1.5 Business Challenges
2.1.4.1.2 Applications
2.1.4.1.2.1 Germany 2D Materials Market (by End User), Volume and Value Data
2.1.4.1.3 Products
2.1.4.1.3.1 Germany 2D Materials Market (by Material Type), Volume and Value Data
2.1.4.2 France
2.1.4.3 Italy
2.1.4.4 Spain
2.1.4.5 Rest-of-Europe (RoE)
2.2 U.K.

3 Markets – Competitive Benchmarking & Company Profiles
3.1 Competitive Benchmarking
3.1.1 Competitive Position Matrix
3.1.2 Product Matrix for Key Companies, By Material Type
3.1.3 Market Share Analysis of Key Companies, 2021
3.2 Company Profiles
3.2.1 Company Overview
3.2.1.1 Role in the 2D Materials Market
3.2.1.2 Product Portfolio
3.2.1.3 Production Sites
3.2.2 Corporate Strategies
3.2.2.1 Partnerships, Collaborations, and Joint Ventures
3.2.3 Analyst View

For more information about this report visit https://www.researchandmarkets.com/r/ucbzx

About ResearchAndMarkets.com
ResearchAndMarkets.com is the world’s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

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Research and Markets
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SOURCE Research and Markets

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G42 Collaborates with NVIDIA to Deliver Next-Generation Climate Solutions Using Earth-2

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ABU DHABI, UAE, Sept. 20, 2024 /PRNewswire/ — G42, a leader in AI and cloud computing, today announced that it is partnering with NVIDIA to advance climate technology with a focus on developing AI solutions aimed at dramatically enhancing the accuracy of weather forecasting globally.

The collaboration builds on NVIDIA’s Earth-2, an open platform that accelerates climate and weather predictions with interactive, AI-augmented, high-resolution simulation. G42 and NVIDIA will initially focus on a square-kilometer resolution weather forecasting model that improves the accuracy of meteorological predictions.

Key to this initiative is the establishment of a new operational base and Climate Tech Lab in Abu Dhabi. This state-of-the-art facility will serve as a hub for research and development, driving forward both companies’ commitment to environmental sustainability. This facility will also mobilize the creation of tailored climate and weather solutions that leverage over 100 petabytes of geophysical data assets.

Peng Xiao, Group CEO of G42, said, “This initiative with NVIDIA is a testament to our commitment to applying AI in ways that not only innovate but also solve critical global challenges. Establishing the Earth-2 Climate Tech Lab in Abu Dhabi allows us to leverage our unique capabilities and insights to foster a sustainable future for the world.”

In addition to fostering innovation in climate technology, the initiative will focus on building a robust framework for integrating enhanced weather prediction capabilities with comprehensive data metrics and visualization. This will assist organizations worldwide in achieving their sustainability goals through well-informed, data-driven environmental strategies.

“Our collaboration with G42 marks a pivotal step toward harnessing AI to understand and predict climate phenomena with unprecedented accuracy,” said Jensen Huang, founder and CEO of NVIDIA. “The Earth-2 Climate Tech Lab will propel environmental solutions using the most advanced accelerated computing and AI technology to benefit millions of people around the world.”

By uniting G42’s AI expertise with NVIDIA’s computational acumen, this partnership aims to deliver transformative climate solutions that combine scientific accuracy with real-world applicability, driving impactful change across industries and ecosystems.

About G42

G42 is a technology holding group, a global leader in creating visionary artificial intelligence for a better tomorrow. Born in Abu Dhabi and operating worldwide, G42 champions AI as a powerful force for good across industries. From molecular biology to space exploration and everything in between, G42 realizes exponential possibilities, today.
To know more visit www.g42.ai.

Media contacts
Media and PR Team, G42
media@g42.ai

View original content:https://www.prnewswire.co.uk/news-releases/g42-collaborates-with-nvidia-to-deliver-next-generation-climate-solutions-using-earth-2-302253818.html

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Kawasaki and CB&I Sign Strategic Collaborative Agreement for Promoting Commercial-Use Liquefied Hydrogen Supply Chain

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HOUSTON, Sept. 19, 2024 /PRNewswire/ — Kawasaki Heavy Industries, Ltd. (Kawasaki) and CB&I, a wholly owned unrestricted subsidiary of McDermott, announced today their signing of a strategic agreement for promoting a commercial-use liquefied hydrogen (LH2) supply chain and realizing a zero-carbon-emission society. The signing ceremony took place at Gastech Exhibition & Conference in Houston on September 18, 2024.

“We are very pleased for this opportunity to build and launch a commercial liquefied hydrogen supply chain in cooperation with CB&I,” said Motohiko Nishimura, President, Energy Solutions & Marine Engineering Company, Kawasaki Heavy Industries, Ltd. “By taking advantage of both companies’ strengths and specialized know-how, we aim to cost down hydrogen, strengthen hydrogen supply chain competitiveness, and accelerate the transition to a zero-carbon society.”

Both companies will use their specialized know-how to provide infrastructure that will enable commercial-scale international LH2 supply chains in order to help achieve carbon-neutrality. By leveraging our combined expertise to deliver large-scale LH2 infrastructure solutions, CB&I and Kawasaki are removing barriers, driving down costs and enhancing scalability across the entire supply chain.

“This strategic partnership represents a significant advancement in liquid hydrogen storage capabilities,” said Mark Butts, Senior Vice President of CB&I. “Our technical expertise and extensive experience in liquid hydrogen storage position us at the forefront of the energy transition, delivering reliable storage solutions and executing projects worldwide with proven success.”

Under this agreement, the companies will provide infrastructure to advance the global realization of a sustainable energy economy and meet decarbonization targets. This collaboration will reduce LH2 infrastructure costs and contribute to more widespread use of this clean and efficient energy source.

About CB&I
CB&I is the world’s leading designer and builder of storage facilities, tanks, and terminals. With more than 60,000 structures completed throughout its 130-year history, CB&I has the global expertise and strategically located operations to provide its customers world-class storage solutions for even the most complex energy infrastructure projects. CB&I is a wholly owned unrestricted subsidiary of McDermott. To learn more, visit www.cbi.com.

About McDermott
McDermott is a premier, fully-integrated provider of engineering and construction solutions to the energy industry. Our customers trust our technology-driven approach engineered to responsibly harness and transform global energy resources into the products the world needs. From concept to commissioning, McDermott’s innovative expertise and capabilities advance the next generation of global energy infrastructure—empowering a brighter, more sustainable future for us all. Operating in over 54 countries, McDermott’s locally-focused and globally-integrated resources include more than 30,000 employees, a diversified fleet of specialty marine construction vessels and fabrication facilities around the world. To learn more, visit www.mcdermott.com.

About Kawasaki Heavy Industries, Ltd.
Kawasaki Heavy Industries, Ltd. is general engineering manufacturer with over 125 years of experience manufacturing products spanning land, sea and air. Kawasaki established the Kawasaki Group’s new vision statement, “Group Vision 2030: Trustworthy Solutions for the Future,” and is focusing on three fields, “A Safe and Secure Remotely-Connected Society,” “Near-Future Mobility,” and “Energy and Environmental Solutions” in order to provide solutions for social issues. For “Energy and Environmental Solutions” in particular, by securing the technology necessary for the entire supply chain (for production, transportation, storage and utilization) ahead of the rest of the world, Kawasaki aims to bring about a society that utilizes hydrogen, the ultimate clean energy that emits no carbon dioxide when used. To learn more, visit https://global.kawasaki.com/en.

Forward-Looking Statements
McDermott cautions that statements in this communication which are forward-looking, and provide other than historical information, involve risks, contingencies and uncertainties. These forward-looking statements include, among other things, statements about the expected benefits from the collaboration agreement discussed in this press release.  Although we believe that the expectations reflected in those forward-looking statements are reasonable, we can give no assurance that those expectations will prove to have been correct. Those statements are made by using various underlying assumptions and are subject to numerous risks, contingencies and uncertainties, including, among others: adverse changes in the markets in which we operate or credit or capital markets; our inability to successfully execute on contracts in backlog; changes in project design or schedules; the availability of qualified personnel; changes in the terms, scope or timing of contracts, contract cancellations, change orders and other modifications and actions by our customers and other business counterparties; changes in industry norms; actions by lenders, other creditors, customers and other business counterparties of McDermott and adverse outcomes in legal or other dispute resolution proceedings. If one or more of these risks materialize, or if underlying assumptions prove incorrect, actual results may vary materially from those expected. You should not place undue reliance on forward-looking statements. This communication reflects the views of McDermott’s management as of the date hereof. Except to the extent required by applicable law, McDermott undertakes no obligation to update or revise any forward-looking statement.

For media inquiries, please use the contact information below:

Reba Reid
Global Media Relations
+1 281 588 5636
RReid@McDermott.com

Kristi Krupala-Grove
CB&I Media Relations
+1 346 313 9636
KKrupala2@mcdermott.com

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SOURCE McDermott International, Ltd

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Halal Route Application – Eat, Travel around Thailand, Safe and Sound Halal Style

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BANGKOK, Thailand, Sept. 20, 2024 /PRNewswire/ — The Halal Science Center, Chulalongkorn University has developed Halal Route, an application that lists restaurants, lodging, mosques, prayer directions, and tourist attractions in Thailand under Islamic tourism principles. It hopes to help Muslim tourists travel in Thailand with peace of mind, and supports tourism industry operators to grow and welcome a growing number of Muslim tourists.

The Tourism Authority of Thailand (TAT) predicts that in 2024 there will be around 168 million Islamic tourists worldwide.  According to the Mastercard-Crescent Rating Global Muslim Travel Index (GMTI 2024), Thailand is the 32nd most popular destination for Muslim tourists.  However, the major problem Muslim tourists encounter in Thailand is finding Halal-accredited restaurants, hotels, accommodations, or tourist attractions with service areas (such as prayer rooms) that are compliant with the Islamic way.

Halal Route” is a travel aggregator app that collects searchable information on Halal restaurants, mosques, prayer locations, times, and directions for prayers (the qibla), tourist attractions, Muslim villages or communities, hotels, accommodations, etc.  This app is linked to Google Maps for navigation with precision. It also supports 3 languages, Thai, English, and Arabic, so that Muslim tourists can live and travel more comfortably and with peace of mind,” said Mr.Erfun Weahama, Science Service Officer, Halal Route App development team.

Dr. Anat Denyingyot, Assistant Director of the Halal Science Center, emphasized that the Halal Route application has the most reliable and comprehensive information on halal tourism in Thailand today. “All restaurants and locations have had on-site visits and are audited according to standards approved by a trusted authority or organization, such as certifications from religious organizations or halal food-related entities, as well as management systems to guarantee and be responsible for halal conditions (the HAL-Q system),” Dr. Anat assured.

Currently, the application has more than 1,100 restaurants in its database, and new locations and services are being updated, covering more than 40 provinces from north to south of Thailand that are popular among tourists.

Halal Route is not only for navigation, but a platform that connects Muslim communities from around the world who have the opportunity to visit Thailand,” Associate Professor Dr.Winai Dahlan, Director of the Halal Science Center concluded.

The Halal Route application is free to download on both iOS and Android systems.

Read the full article at https://www.chula.ac.th/en/highlight/185916/  

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SOURCE Chulalongkorn University

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