Black Phosphorus

Global Black Phosphorus Market to Reach US$224.4 Million by 2030

The global market for Black Phosphorus estimated at US$29.6 Million in the year 2024, is expected to reach US$224.4 Million by 2030, growing at a CAGR of 40.1% over the analysis period 2024-2030. Crystal Form, one of the segments analyzed in the report, is expected to record a 47.3% CAGR and reach US$155.3 Million by the end of the analysis period. Growth in the Powder Form segment is estimated at 29.8% CAGR over the analysis period.

The U.S. Market is Estimated at US$8.1 Million While China is Forecast to Grow at 50.3% CAGR

The Black Phosphorus market in the U.S. is estimated at US$8.1 Million in the year 2024. China, the world`s second largest economy, is forecast to reach a projected market size of US$57.2 Million by the year 2030 trailing a CAGR of 50.3% over the analysis period 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 32.7% and 38.1% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 35.5% CAGR.

Global Black Phosphorus Market - Key Trends & Drivers Summarized

Why Is Black Phosphorus Emerging as a Revolutionary Material?

Black phosphorus is rapidly gaining attention as a next-generation material with exceptional electronic, optical, and mechanical properties. Unlike other phosphorus allotropes, black phosphorus exhibits superior conductivity, high carrier mobility, and excellent tunability, making it a highly sought-after material for applications in optoelectronics, semiconductors, and energy storage. The material’s layered structure and intrinsic bandgap allow for high-performance transistors, photodetectors, and flexible electronic devices. Additionally, its potential as a key component in next-generation batteries and supercapacitors has further increased its attractiveness to researchers and industry stakeholders. As technological advancements continue to unlock new functionalities of black phosphorus, its adoption in high-tech industries is expected to accelerate, positioning it as a critical material for future innovations.

How Are Technological Advancements Expanding the Applications of Black Phosphorus?

The rapid development of nanotechnology and material science is significantly broadening the scope of black phosphorus applications. Breakthroughs in exfoliation techniques and chemical modification methods have enabled the production of high-quality black phosphorus nanosheets with enhanced stability and performance. Furthermore, the integration of black phosphorus with other two-dimensional (2D) materials, such as graphene and transition metal dichalcogenides (TMDs), is revolutionizing the design of ultra-thin, high-efficiency electronic and photonic devices. In the field of biomedicine, black phosphorus is being explored for its biocompatibility and potential use in drug delivery, bioimaging, and photothermal therapy. Additionally, its application in flexible electronics and wearable technology is opening new avenues for innovation in smart materials. With continuous advancements in synthesis techniques and industrial-scale production, black phosphorus is poised to become a cornerstone of next-generation material technologies.

What Market Trends Are Driving the Adoption of Black Phosphorus?

Several key market trends are contributing to the increasing adoption of black phosphorus across various industries. The rising demand for high-performance semiconductors and next-generation transistors is driving interest in black phosphorus as an alternative to traditional silicon-based materials. The rapid expansion of 5G networks and quantum computing technologies is also fueling demand for advanced materials with superior electronic properties. Additionally, the shift towards sustainable energy solutions is prompting research into black phosphorus for its potential in lithium-ion batteries, sodium-ion batteries, and hydrogen storage applications. The growing investment in flexible electronics, coupled with the miniaturization of devices, is further bolstering market demand. Government and private sector initiatives aimed at fostering innovation in nanomaterials are accelerating the commercialization of black phosphorus, positioning it as a strategic resource for future technological breakthroughs.

What Are the Key Factors Fueling the Growth of the Black Phosphorus Market?

The growth in the black phosphorus market is driven by several factors, including the increasing demand for advanced electronic materials, expanding research into energy storage applications, and rising investments in nanotechnology. The semiconductor industry’s ongoing quest for materials with higher efficiency and lower power consumption is significantly contributing to market expansion. Additionally, the advancements in battery technology and the push for longer-lasting, high-capacity energy storage solutions are increasing the utilization of black phosphorus in battery electrodes. The medical and biotechnology sectors are also emerging as key adopters, leveraging the material’s biocompatibility for innovative healthcare applications. Furthermore, the establishment of large-scale production capabilities and strategic collaborations between research institutions and industry players are ensuring a steady supply of high-quality black phosphorus for commercial applications. As technological innovation continues to evolve, black phosphorus is expected to play a transformative role across multiple industries, reinforcing its position as a material of the future.

SCOPE OF STUDY:

The report analyzes the Black Phosphorus market in terms of units by the following Segments, and Geographic Regions/Countries:

Segments:
Form (Crystal Form, Powder Form); Application (Electronic Devices Application, Energy Storage Application, Sensors Application, Other Applications)

Geographic Regions/Countries:
World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.

Select Competitors (Total 42 Featured) -

• 2D Semiconductors
• ACS Material LLC
• American Elements LLC
• Aritech Chemazone Pvt. Ltd
• HQ Graphene
• Hunan Azeal Materials Co., Ltd.
• Manchester Nanomaterials Ltd.
• NanochemZone
• Ossila Ltd.
• Rasa Industries, Ltd.
• Stanford Advanced Materials (SAM)
• Taizhou SUNANO New Energy Co., Ltd.

TARIFF IMPACT FACTOR

Our new release incorporates impact of tariffs on geographical markets as we predict a shift in competitiveness of companies based on HQ country, manufacturing base, exports and imports (finished goods and OEM). This intricate and multifaceted market reality will impact competitors by artificially increasing the COGS, reducing profitability, reconfiguring supply chains, amongst other micro and macro market dynamics.

We are diligently following expert opinions of leading Chief Economists (14,949), Think Tanks (62), Trade & Industry bodies (171) worldwide, as they assess impact and address new market realities for their ecosystems. Experts and economists from every major country are tracked for their opinions on tariffs and how they will impact their countries.

We expect this chaos to play out over the next 2-3 months and a new world order is established with more clarity. We are tracking these developments on a real time basis.

As we release this report, U.S. Trade Representatives are pushing their counterparts in 183 countries for an early closure to bilateral tariff negotiations. Most of the major trading partners also have initiated trade agreements with other key trading nations, outside of those in the works with the United States. We are tracking such secondary fallouts as supply chains shift.

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APRIL 2025: NEGOTIATION PHASE

Our April release addresses the impact of tariffs on the overall global market and presents market adjustments by geography. Our trajectories are based on historic data and evolving market impacting factors.

JULY 2025 FINAL TARIFF RESET

Complimentary Update: Our clients will also receive a complimentary update in July after a final reset is announced between nations. The final updated version incorporates clearly defined Tariff Impact Analyses.

Reciprocal and Bilateral Trade & Tariff Impact Analyses:

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JAPAN
INDIA
176 OTHER COUNTRIES.

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