Premier Graphene Targets Graphene-Enhanced Asphalt as a Potential Market Larger than Cement

Core Insights - Premier Graphene is testing proprietary graphene-enhanced asphalt, aiming to create a product that could potentially surpass the cement market in size [1][2] - The annual federal expenses in the US for maintaining road quality and upgrading poor roads exceed $230 billion [2][8] Industry Overview - Approximately 90% of roads in the US are made from asphalt, which is the predominant choice globally, but it faces challenges from weather conditions and climate change [3][4] - Companies are seeking economically viable technologies to enhance asphalt's longevity and performance, with current modifications using materials like rubber and plastics facing challenges [4][5] Technological Advancements - The integration of nanoscale materials, particularly graphene, is being explored to improve asphalt's performance and durability [5][6] - Graphene's lower aspect ratio compared to other materials allows for easier use at job sites and ensures consistent mixture ratios [6][7] Testing and Development - Premier Graphene is conducting third-party testing to identify the optimal ratio of graphene in asphalt mixtures to enhance mechanical strength, thermal stability, and overall durability [7] - The company aims to save billions in road maintenance costs while extending the life and quality of asphalt products [7][8] Market Potential - The company is targeting large markets for graphene dispersions, particularly in road construction, with plans to collaborate with multinational companies for strategic projects [8][9] - Premier Graphene's partner, HGI Industrial Technologies, has developed a scalable method to produce low-cost graphene, which could address billion-dollar markets like the cement industry [9][10]