Black Phosphorus Emerges as a Superior Alternative to Graphene

1
Black Phosphorus Market Key Dynamics and Trends,
Swot Analysis, Regional Analysis, Growth
Opportunities and Expert Review Black phosphorus
is a phosphorus allotrope with a layered
structure similar to graphite. It is a
semiconductor material, which means it has both
metal and nonmetal properties. It has a distinct
bandgap that can be tuned by varying its
thickness, as well as high carrier mobility.
Black phosphorus has piqued the scientific
communitys interest due to its unique
properties. It has the potential to be used in
optoelectronics, thermoelectrics, and energy
storage. It could also be used in photodetectors,
transistors, memory devices, and solar cells.
The global Black Phosphorus Market will grow to
USD 83 million by 2027, at a CAGR of 43.1 from
USD 13 million in 2022. This growth is primarily
triggered by the growing demand for black
phosphorus in energy storage and sensors
application. Refineries emit several gases, such
as sulfur dioxide, VOCs, nitrogen oxide,
chlorine, and benzene. Black phosphorus sensors
give increased conduction on nitrogen dioxide
exposure and great sensitivity in detecting NO2
at levels as low as five parts per billion.
Excess inhaling of VOCs by humans may impact
their ability to breathe. Some of these gases can
also cause respiratory problems, skin
irritation, nausea, eye problems, headache,
congenital disabilities, leukemia, and cancer.
Thus, it is required to monitor and detect these
harmful gases, which consequently is increasing
the demand for gas sensors in refineries. All
these factors are driving the demand for gas
sensors, which in turn, is driving the demand for
black phosphorus. Get PDF Brochure for Research
Insights at https//www.marketsandmarkets.com/pdfd
ownloadNew.asp?id94195719
2
Crystal is estimated to be the largest
form The crystal form of black phosphorus is
estimated to be the largest form of black
phosphorus market, in terms of value, in 2021.
Crystal black phosphorus is used to produce
single-or few-layer phosphorene through
mechanical or liquid exfoliation. Phosphorene is
at the center of various fundamental studies and
applications, including electronics,
optoelectronics, spintronic devices, sensors,
actuators, and thermoelectric as well as energy
conversion and storage devices. Electronic
Devices is estimated to be the largest
application The electronic devices application
accounted for the largest share of the global
black phosphorus market, in 2021. Due to the
growing demand and integration of optoelectronic
components with various consumer devices,
manufacturers and various RD communities have
become more focused on RD to develop new
technologies. They are investing in optical and
optoelectronic technologies for next-generation
communication networks and high-speed optical
computing. This is expected to drive the market
for black phosphorus used in electronic
devices. Asia Pacific is projected to be the
fastest-growing market for black
phosphorus Asia Pacific is projected to witness
the highest CAGR due to the rapid economic
expansion in the region. The growth is mainly
attributed to a high economic growth rate,
followed by heavy investment in the healthcare,
safety, electronics, and automotive industries.
With economic constraints and saturation in the
European and North American markets, the demand
is shifting to the Asia Pacific region. This
region not only serves as a manufacturing hub but
also has key RD facilities. The automotive
industry in the emerging economies of Asia
Pacific is expected to grow because of improving
lifestyles, economic conditions, and the booming
manufacturing sector. If You Want to Know More
About Report, Before Buying at https//www.markets
andmarkets.com/Enquiry_Before_BuyingNew.asp?id941
95719
The key market players profiled in the report
include ACS Materials, LC LLC (US), 2D
SEMICONDUCTORS INC (US), Nanochemazone (Canada),
American Elements LLC (US), Merck (Germany), HQ
graphene (Netherlands), Hunan Azeal Materials Co.
Ltd. (China), Ossila Ltd. (UK), Stanford
Advanced Materials (US) Manchester Nanomaterials
Ltd (UK) among others.
3

• Merck is a subsidiary of Merck KGaA and one of
  the leading science and technology companies. In
  2015, the company completed the acquisition of
  Sigma-Aldrich worth USD 17 billion. With this
  acquisition, the company is able to serve life
  science industry customers across the globe with
  an attractive set of established brands, such as
  SAFC and BioReliance, and an efficient supply
  chain that supports the delivery of more than
  300,000 products.
• Merck announced a partnership with Topco
  Scientific. Co., which is a leading semiconductor
  supplier, to increase the use of more
  sustainable materials in the electricity
  industry.
• ACS Material is a high-tech company involved in
  the production and development of advanced nano
  materials, including graphene. The company has a
  vast product catalog, including graphene series,
  CVD graphene, graphene-like materials, quantum
  dots upconverting nanoparticles, nanowire series,
  molecular sieves, AAO templates, carbon series,
  battery materials, nanoparticles series, graphyne
  series, MXene series, transparent conductive
  films, lab supplies, and trivial transfer series.
• Nanochemazone is a leading nanomaterials
  manufacturer and supplier of nanomaterials, alloy
  nanopowder, graphene, MXene, MAX phase powder,
  graphdiyne powder, MoS2, black phosphorus,
  carbon nanotubes, (MOFs) metal organic frameworks
  nanodiamonds, and others. The company also
  provides screen printed electrodes, screen
  printing inks, silicon wafers, metal foils,
  platinum coated wafers, metal, copper, aluminum,
  and reticulated vitreous carbon foams.