Black Phosphorus Market Set For USD 468.60 Million By 2032, Fueled By Nanotech Innovations, Scalable Production, And Sustainability Focus | Report By SNS Insider

(MENAFN- GlobeNewsWire - Nasdaq) Rising demand for next-generation semiconductors and photonic devices is driving Black Phosphorus uptake because of its tunable bandgap and high carrier mobility.

Austin, April 16, 2025 (GLOBE NEWSWIRE) -- According to the SNS Insider report, “ The Black Phosphorus Market Size was valued at USD 18.69 Million in 2023 and is expected to reach USD 468.60 Million by 2032, growing at a CAGR of 43.05% over the forecast period of 2024-2032. ”

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Growing Scientific Applications and Industry Partnerships Drive Black Phosphorus as a Future-Ready Material Across Key Sectors

The Black Phosphorus market is moving rapidly, with the widespread applications of this material in electronics, energy storage, and medicine. With its excellent conductivity and biocompatibility, it's becoming increasingly popular in supplements, cosmetics, and next-generation battery technology. Between 2022 and 2024, the momentum was particularly strong in the U.S. and Europe. In 2023, the U.S. Department of Energy supported large-scale R&D programs probing its use in energy storage. At the same time, MIT made solar cell advancements with Black Phosphorus, which saw companies like Intel take notice. In 2024, European companies banded together to create biomedical technologies based on the material's bio-friendliness. These advancements in collaboration took Black Phosphorus from laboratory-scale research to commercial use cases in the real world, positioning it as a game-changing material in next-gen industries.

The US Black Phosphorus Market Size was valued at USD 4.91 Million in 2023 with a major share of about 71% and a significant growth rate.

The U.S. Black Phosphorus market is witnessing strong growth as the uptake of Black Phosphorus by high-performance devices, particularly for energy storage applications, is accelerating. Companies from the United States, such as Intel and Tesla, are leading the charge as they use Black Phosphorus in their energy storage devices and electronics. Besides, the sustainable energy solution trend is a big driver for the demand for this material as it enhances the energy storage system efficiency and lifespan.

Key Players:

• 2D Semiconductors Inc. (Black Phosphorus Crystals, Black Phosphorus Flakes, Black Phosphorus Thin Films)
• Angstron Materials Inc. (Black Phosphorus Nanosheets, Black Phosphorus Nanoparticles, Few-layer Black Phosphorus)
• BlackPhos GmbH (Black Phosphorus Crystals, Few-layer Black Phosphorus, Black Phosphorus Quantum Dots)
• BMP Technology Co., Ltd. (Black Phosphorus Powder, High-Purity Black Phosphorus, Crystalline Black Phosphorus)
• HQ Graphene (Black Phosphorus Crystals, Black Phosphorus Thin Flakes, Monolayer Black Phosphorus)
• Hunan XFNANO Materials Co., Ltd. (Black Phosphorus Nanopowder, Few-layer BP Nanosheets, BP Dispersions)
• XFNANO Materials Tech Co., Ltd. (Black Phosphorus Nanosheets, BP Powder, BP in Organic Solvents)
• Smart Elements GmbH (Crystalline Black Phosphorus, Black Phosphorus Granules, Black Phosphorus Lumps)
• SixCarbon Technology (BP Monolayer Sheets, Few-layer Black Phosphorus, Device-grade BP Flakes)
• Nanoshel LLC (Black Phosphorus Nanopowder, BP Quantum Dots, BP Nanoparticles)
• Ossila Ltd. (Black Phosphorus Flakes, Exfoliated BP Suspension, BP Monolayers)
• Nanostructured & Amorphous Materials, Inc. (Black Phosphorus Powder, BP Nanomaterials, High Surface Area BP)
• Strem Chemicals Inc. (Black Phosphorus Powder, Laboratory-grade Black Phosphorus)
• Synthia Materials Inc. (Few-layer Black Phosphorus, BP Nanoflakes, Exfoliated BP Powder)
• Hunan Fuda Chemical Co., Ltd. (Black Phosphorus Powder, Crystalline BP Samples, BP Bulk Powder)
• Abalonyx AS (Exfoliated Black Phosphorus, BP Nanosheets)
• Black Magic Nanomaterials (BP Nanoflakes, Black Phosphorus Dispersion)
• NeoCarbon Materials (Few-layer BP Sheets, BP for Optoelectronics)
• NanoIntegris Technologies (Black Phosphorus Flakes, BP Suspensions)
• Graphene Laboratories Inc. (Black Phosphorus Crystals, BP Nanosheets)

Black Phosphorus Market Report Scope:

Report Attributes	Details
Market Size in 2023	USD 18.69 Million
Market Size by 2032	USD 468.60 Million
CAGR	CAGR of 43.05% From 2024 to 2032
Base Year	2023
Forecast Period	2024-2032
Historical Data	2020-2022
Report Scope & Coverage	Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments	. By Form (Crystal, Powder) . By Application (Electronic devices, Energy storage, Sensors, Others)
Key Drivers	. Growing Use of Black Phosphorus in Quantum Computing and Photonic Circuits Drives Material Innovation Across High-Tech Sectors.

Regulatory Trends Shaping the Black Phosphorus Market: Environmental and Safety Standards in the U.S., EU, China, and Asia Pacific

• EPA (U.S.) is reviewing black phosphorus under TSCA, impacting production and disposal protocols.
• ECHA (EU) monitors black phosphorus under REACH, requiring stricter safety and usage reporting.
• FDA (U.S.) is observing biomedical research on black phosphorus, shaping future medical approvals.
• China's MEE enforces tighter environmental checks on phosphorus compounds in electronics hubs.
• Japan and South Korea are drafting nano-safety standards for black phosphorus in electronics by 2026.

By Type, Powder Form Segment Dominated the Black Phosphorus Market in 2023 with a 57.9% Market Share

In 2023, the powder form segment dominated the Black Phosphorus market, commanding 57.9% of the entire market share. This is owing to its versatility in various applications ranging from energy storage systems to biosensors and photodetectors. Powdered Black Phosphorus possesses a greater surface area, rendering it more reactive and efficient in electrochemical uses such as lithium-ion and sodium-ion batteries, which are widely demanded across the world. Additionally, the convenience of powdered Black Phosphorus being mixed with any kind of composite materials increases its usability for research centers and R&D for industry. Corporates as well as academia, especially from the U.S. and China, are promoting the scaling-up production of powdered Black Phosphorus due to its economic and scalability options in terms of applications on mass basis for electronic as well as biomedical sectors.

By Application , Energy Storage Segment Dominated the Black Phosphorus Market in 2023 with a 41.7% Market Share

The energy storage segment dominated the application category in 2023, with a 41.7% market share of the Black Phosphorus market. This dominance is a result of the increasing worldwide demand for high-capacity, efficient, and advanced battery systems, particularly in consumer electronics, grid storage, and electric vehicles (EVs). Black Phosphorus possesses higher electrical conductivity, greater theoretical capacity, and a layered structure that facilitates greater ion transport, thus making it an excellent candidate for an anode material for future batteries. American companies such as Tesla and energy research institutes have carried out pilot testing on Black Phosphorus-based electrodes, achieving greater battery life cycles and energy density. Moreover, the transition towards renewable energy storage technologies and government incentives for green technologies are providing fertile ground for the mass application of Black Phosphorus in the energy industry.

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North America Dominated the Black Phosphorus Market In 2023, Holding a 36.8% Market Share.

North America dominated the Black Phosphorus market in the year 2023, where the region itself represented a dominant part of the market. America specifically held most of the worldwide demand as a result of huge technological developments as well as growing Black Phosphorus use for energy storage as well as for electronics. Technological firms such as Tesla, Intel, as well as Apple have been adopting Black Phosphorus into products, hence complementing the market further. Additionally, the growing drive towards sustainable energy alternatives and innovation in medical technologies is further driving the dominance of the region. The investments in clean energy technologies by the U.S. Department of Energy have also given the market a robust foundation for growth.

Asia Pacific Emerged as the Fastest Growing Region in Black Phosphorus Market with A Significant Growth Rate in The Forecast Period

Asia Pacific is expected to be the growth leader among all regions in the Black Phosphorus market. The growth of the region is fueled by expanding industrial needs, especially in the electronics and energy storage industries, where Black Phosphorus is being utilized in next-generation applications. China, Japan, and South Korean companies are taking the lead in exploiting Black Phosphorus for several applications such as solar cells and energy-saving batteries. The area also enjoys government incentives for renewable energy technologies, further encouraging the use of Black Phosphorus-based products.

Table of Contents – Major Key Points

1. Introduction

2. Executive Summary

3. Research Methodology

4. Market Dynamics Impact Analysis

5. Statistical Insights and Trends Reporting

6. Competitive Landscape

7. Black Phosphorus Market Segmentation, By Form

8. Black Phosphorus Market Segmentation, By Application

9. Regional Analysis

10. Company Profiles

11. Use Cases and Best Practice

12. Conclusion

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