Mitsui Chemicals, Inc., Feiyuan Group, SK Materials, Linde AG, and American Gas Products, among others, are the major players in the global nitrogen trifluoride (NF3) market.
The global nitrogen trifluoride (NF3) market, aided by its use as an etchant and chamber cleaning agent in the industry, is expected to grow at a CAGR of about 6.2 % in the forecast period of 2021-2026. As per the analysis by Expert Market Research, the market is expected to be driven by the expansion of the semiconductors industry.
The market is being positively driven by certain factors, such as the growing environmental concern due to the use of perfluorinated compounds by electronics manufacturers and the increasing sales of laptops, mobiles, digital cameras, and other consumer devices. The surging research and development activities and rising disposable incomes are aiding the market growth. Furthermore, the thriving consumer electronics market is aiding the semiconductors market, thereby fuelling the nitrogen trifluoride (NF3) market globally.
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The major players in the global nitrogen trifluoride (NF3) market include Feiyuan Group and SK Materials. SK Materials in 2019 made investments to expand the facility for industrial gases, precursors, and etch gases. The company invested KRW 22.8 billion for expanding the production of nitrogen trifluoride (NF3) from 10,600 tons annually to 12,100 tons. Another major company, Feiyuan Group, provides colourless and stable nitrogen trifluoride for the electronic industry, semiconductor and solar photoelectricity industry. The rising demand for nitrogen trifluoride is augmenting market growth.
Headquarters: Tokyo, Japan
Mitsui Chemicals, Inc. is a Japanese chemical company that manufactures and markets chemical products such as ethylene, propylene and other petrochemicals, basic chemicals, synthetic resins, and other fine chemicals for healthcare, food and packaging, mobility and basic materials business. The company is a subsidiary of Mitsui conglomerate and has six manufacturing sites in Japan, employing 18,051 people. Mitsui Chemicals, Inc. owns multiple subsidiaries and affiliates overseas, such as ARRK EUROPE LTD., KULZER GMBH, ACOMON s.r.l and many others.
Headquarters: Shandong Province, China
Feiyuan Group is a Chinese high-tech fluoride chemical company engaged in the manufacturing of refrigerants, electronic gases, chemical raw materials, and fluorinated chemicals. The key products produced by the company include anhydrous hydrogen fluoride and ammonium bifluoride, with an annual output of 35,000 tons and 8,000 tons, respectively, and by-products such as fluosilicic acid, hydrofluoric acid, muriatic acid, and others. Feiyuan Group has about 350 employees and provides high-quality products following national industrial policies.
Headquarters: Seoul, South Korea
SK Materials is a Korean company and a subsidiary of SK Inc. The company is engaged in manufacturing and selling special and industrial gases. The company was the first Korean company to locally produce nitrogen trifluoride (NF3) and a gas supplier market leader in providing tungsten hexafluoride (WF6), monosilane (SiH4) and disilane (Si2H6). SK Materials is also a gas and IT solution provider for semiconductor precursor materials, industrial gases, and etching gas fields.
Headquarters: Dublin, Ireland
Linde AG is a global industrial gas and engineering company and the largest industrial gas company by revenue and market share. The company supplies industrial, process, and speciality gases and offers compressed, liquefied gases and chemicals for chemicals and refining, food and beverage, electronics, healthcare, and manufacturing industries. Linde AG generated sales of USD 27 billion in 2020.
Headquarters: Massachusetts, United States of America
American Gas Products is a US-based company and a national leader in providing wholesale helium products and services. The company provides carbon dioxide, nitrogen, propane and other gases for balloons and retail, food and beverage, construction, supermarkets, semiconductors and industrial and welding purposes across the United States.
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