I thought I would start looking at the potential market size of Graphene in Natural rubbers, I came across the following link from the Malaysian Governments website, it detailing how Graphene could benefit their country, (April 2019)
https://www.mestecc.gov.my/web/wp-c...al-Graphene-Action-Plan-2020-Book-English.pdf
From FGR's announcement,
FGR has contracted an experienced rubber consultant for the development project and is working with an established Malaysian rubber processor. Compounded rubber base materials have been provided by a Malaysian process factory under NDA with FGR and initial compounding has commenced in Perth.
looking forward to seeing our update from First Graphene on their Graphene Natural Rubber market.
The market size is significant.
A few comments that I found interesting;
Malaysia will focus its Graphene action plan initially on larger domestic industries (e.g., rubber) and areas already being targeted by the government for innovation such as energy storage for electric vehicles and conductive inks
As a rubber additive, Graphene increases the strength, electrical / thermal conductivity and impermeability of rubber, offering Malaysia’s rubber industry a significant advantage in manufacturing gloves, tyres or condoms, and to explore new rubber applications.
Time to commercialisation of various rubber products will depend on whether the industry is regulated. Regulated products typically require a longer product testing and approval cycle. Similarly, Malaysian retread tyre manufacturers could be the first to market with stronger and more durable Graphene-enhanced retread tyres. There is demand for such products from the medium and heavy commercial vehicles segment; as well as from some foreign markets that are less price-sensitive than regional buyers, and instead are focused on higher quality retread tyres.
Finally, Malaysia is also home to a large automotive original equipment manufacturer (OEM) market, which constantly fuels the demand for stronger, longer lasting industrial auto rubber parts (e.g., engine mounts). The industrial auto rubber manufacturers are under severe pressure to provide these parts at the lowest cost to the car OEMs. Graphene’s application in this industry could potentially help reduce costs and achieve the objectives of the industrial auto rubber parts manufacturers through reduction or substitution of incumbent materials and manufacturing processes.
While many Graphene rubber enhancements have been proven in research labs, the “playing field” remains wide open as no company has to-date commercialised a Graphene enhanced rubber product. From late-stage R&D and prototyping through to commercialisation, Malaysia’s rubber players could very well be the first to market with an innovative, competitive portfolio of new Graphene-enhanced products.
By 2020, Malaysia’s rubber producers could be generating RM 13 billion (AUD $4.3Bil ) in sales of rubber products enhanced with Graphene, with potentially a third of that market coming from premium or entirely new product categories.
(I have been unable to find any Malaysia rubber products that contain Graphene)
- Forums
- ASX - By Stock
- FGR
- Ann: Expanding Research to Include PureGRAPH in Natural Rubbers
Ann: Expanding Research to Include PureGRAPH in Natural Rubbers, page-106
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add FGR (ASX) to my watchlist
|
|||||
Last
4.9¢ |
Change
-0.001(2.00%) |
Mkt cap ! $32.30M |
Open | High | Low | Value | Volume |
4.9¢ | 5.2¢ | 4.9¢ | $11.32K | 218.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 57104 | 4.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.2¢ | 45272 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 57104 | 0.047 |
1 | 12779 | 0.046 |
1 | 50000 | 0.045 |
3 | 160375 | 0.044 |
1 | 83500 | 0.042 |
Price($) | Vol. | No. |
---|---|---|
0.052 | 26042 | 2 |
0.053 | 239416 | 2 |
0.054 | 218119 | 2 |
0.055 | 51250 | 1 |
0.057 | 50000 | 1 |
Last trade - 15.01pm 30/08/2024 (20 minute delay) ? |
Featured News
FGR (ASX) Chart |
The Watchlist
1CG
ONE CLICK GROUP LIMITED
Mark Waller, MD
Mark Waller
MD
Previous Video
Next Video
SPONSORED BY The Market Online