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Monday, September 16, 2013

Miracle Material - Can the Economy Be Cured with Science?

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Miracle Material
A material with so many best-in-show rankings has naturally attracted plenty of attention from industry and academia alike, and money has been pouring into graphene research over the last few years. The European Commission, for example, announced this year that a consortium of graphene researchers had won one of two €1 billion ($1.3 billion) research awards to be doled out over the next ten years. (The other prize went to a project to simulate human brain function.) Last year, Lux Research, a strategy and research firm that focuses on new technologies, forecast that the $9 million market for graphene in 2012 would grow to a $126 million market by 2020.


The United States and China, which holds the world’s largest known graphite reserves, are at the forefront of a graphene-patenting bonanza, having filed 2,204 and 1,754 patents for the material, respectively. South Korea, propelled by Samsung’s quest to develop graphene-based computer chips, had filed 1,160 patents as of January. The United Kingdom, where graphene research first took off, initially lagged in terms of patenting. 
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In India graphite is available in Huge quantity!.To see an interview with Brian Cox, a physics professor at Manchester University, on the potential of graphene at Credit Suisse’s Asian Investment Conference this spring, click here.

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