Dublin, Nov. 16, 2022 (GLOBE NEWSWIRE) -- The "Global Black Phosphorus Market by Form (Crystal, Powder), Application (Electronic Devices, Energy Storage, Sensors), and Region (North America, Asia Pacific, Europe, South America, Middle East & Africa) - Forecast to 2027" report has been added to ResearchAndMarkets.com's offering.
The black phosphorus market is estimated to grow to USD 83 million by 2027 from USD 13 million in 2022, at a CAGR of 43.1%.
Crystal black phosphorus is projected to be the fastest-growing during the forecast period
Crystal black phosphorus is projected to be the fastest-growing segment in terms of both value and volume during the forecast period. Most of the black phosphorus produced in the wet process is used to produce fertilizers.
Black phosphorus is available in two types: crystal black phosphorus and powder black phosphorus. The structure of black phosphorus in crystal form can be changed with pressure according to its need.
Electronic devices segment held the largest share, in terms of both value and volume, in 2021
Black phosphorus is a layered semiconductor, which has great potential in optical and electronic devices. The electronic devices segment held the largest share, in terms of both value and volume, in 2021. Due to its high mobility, in-plane anisotropy, and direct band gap, black phosphorus is considered an excellent choice for next-generation electronic devices.
The market for optoelectronic components is growing due to the extensive use of infrared components such as infrared LEDs, photodiodes, and phototransistors in consumer electronics and automobiles.
North America was the largest black phosphorus market, in terms of value, in 2021
North America is the largest black phosphorus market globally. North America is one of the most technologically advanced markets for optoelectronic components owing to the presence of prominent system suppliers, large semiconductor companies, and LED, laser, and sensor manufacturers in the region.
The high standard of living and the competitiveness of military & aerospace, industrial, and medical original equipment manufacturers (OEMs) make this region a flourishing market for optoelectronic components, which is projected to drive the demand for black phosphorus during the forecast period.
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
4.1 Brief Overview of the Black Phosphorus Market
4.2 Black Phosphorus Market Size, by Region
4.3 North America: Black Phosphorus Market, by Application and Country, 2021
4.4 Black Phosphorus Market Size, Application Vs. Region
4.5 Black Phosphorus Market, by Major Countries
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 High Demand for Gas Sensors in Critical Industries
5.2.1.2 Implementation of Various Health and Safety Regulations Globally
5.2.1.3 Increased Use of Infrared Components in Consumer Electronics and Automobiles
5.2.2 Restraints
5.2.2.1 High Cost of Production
5.2.3 Opportunities
5.2.3.1 Increasing Demand from Energy Storage Segment
5.2.4 Challenges
5.2.4.1 Scalable Process for Mass Production
5.3 Porter's Five Forces Analysis
5.3.1 Threat of New Entrants
5.3.2 Threat of Substitutes
5.3.3 Bargaining Power of Suppliers
5.3.4 Bargaining Power of Buyers
5.3.5 Intensity of Competitive Rivalry
5.4 Key Stakeholders & Buying Criteria
5.4.1 Key Stakeholders in Buying Process
5.4.2 Buying Criteria
5.5 Macroeconomic Indicators
5.5.1 Gdp Trends and Forecasts for Major Economies
6 Industry Trends
6.1 Supply Chain Analysis
6.1.1 Raw Materials
6.1.2 Manufacturers
6.1.3 Distribution Network
6.1.4 End-users
6.2 Black Phosphorus Market: Realistic, Pessimistic, Optimistic, and Non-COVID-19 Scenarios
6.2.1 Non-COVID-19 Scenario
6.2.2 Optimistic Scenario
6.2.3 Pessimistic Scenario
6.2.4 Realistic Scenario
6.3 Pricing Analysis
6.3.1 Average Selling Price of Key Players, by Application
6.3.2 Average Selling Price, by Region
6.4 Trends/Disruptions Impacting Customers' Businesses
6.4.1 Revenue Shifts & Revenue Pockets in the Black Phosphorus Market
6.5 Connected Markets: Ecosystem
6.6 Technology Analysis
6.6.1 Two-Dimensional (2D) Materials
6.7 Trade Data Statistics
6.7.1 Import Scenario of Black Phosphorus
6.7.2 Export Scenario of Black Phosphorus
6.8 Regulatory Landscape
6.8.1 Regulatory Bodies and Regulations Related to Black Phosphorus
6.9 Key Conferences & Events in 2022-2023
6.10 Patent Analysis
6.10.1 Approach
6.10.2 Document Type
6.10.3 Jurisdiction Analysis
6.10.4 Top Applicants
7 Black Phosphorous Market, by Form
7.1 Introduction
7.2 Crystal
7.2.1 High Demand from Electronic Devices and Sensors Segments to Drive Market
7.3 Powder
7.3.1 Increasing Use in Biomedical Applications to Boost Market
8 Black Phosphorus Market, by Application
8.1 Introduction
8.2 Electronic Devices
8.2.1 High Mobility, In-Plane Anisotropy, and Direct Band Gap to Drive Market
8.3 Sensors
8.3.1 Increasing Demand for Gas Sensors to Monitor Air Quality to Boost Market
8.4 Energy Storage
8.4.1 Growing Investments in Renewable Energy to Support Market Growth
8.5 Others
9 Black Phosphorus Market, by Region
10 Competitive Landscape
10.1 Introduction
10.2 Strategies Adopted by Key Players
10.3 Market Share Analysis
10.3.1 Ranking of Key Market Players, 2021
10.3.2 Market Share of Key Players
10.3.2.1 Ossila Ltd.
10.3.2.2 Merck
10.3.2.3 Nanochemazone
10.3.2.4 American Elements
10.3.2.5 Acs Material, LLC
10.3.3 Revenue Analysis of Top 5 Players
10.4 Company Product Footprint Analysis
10.5 Company Evaluation Quadrant (Tier 1)
10.5.1 Stars
10.5.2 Emerging Leaders
10.5.3 Participants
10.6 Competitive Benchmarking
10.7 Start-Up/SME Evaluation Quadrant
10.7.1 Progressive Companies
10.7.2 Responsive Companies
10.7.3 Starting Blocks
10.8 Competitive Situations & Trends
10.8.1 Deals
11 Company Profiles
11.1 Ossila Ltd.
11.2 Acs Material, LLC
11.3 Nanochemazone
11.4 American Elements
11.5 Merck
11.6 Hq Graphene
11.7 Hunan Azeal Materials Co. Ltd.
11.8 Stanford Advanced Materials
11.9 Manchester Nanomaterials
11.10 Nanjing Xfnano Materials Tech Co. Ltd
11.11 Weistron Co. Ltd.
11.12 Taizhou Sunano Energy Co., Ltd.
11.13 Ultrananotech Private Limited
11.14 Smart Elements
12 Adjacent & Related Markets
13 Appendix
For more information about this report visit https://www.researchandmarkets.com/r/yb8ewz
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