Top 4 Companies Flourishing in the Global Chlorine Trifluoride Market

The global chlorine trifluoride market is expected to grow at a CAGR of 3.8% in the forecast period of 2022-2027. As per the analysis by Expert Market Research, the market is expected to be driven by the rising applications of the product in several end-use industries for cleaning semiconductors in automation, consumer electronic, and nuclear power industries.

Various applications of chlorine trifluoride in fields like semiconductors, petroleum, nuclear power generation, and metal extraction make it a highly in demand gas, which is a significant factor bolstering the market growth. In addition to this, the rising demand for semiconductor chips for consumer appliances like TV and smartphones, and other AI-based technologies is another factor encouraging the market growth of chlorine trifluoride. Further, its highly reactive nature and cleaning capabilities for chemical vapour deposits in the semiconductor industry supports its market growth.

On 11 Feb 2021, Linde (NYSE: LIN) announced that it had launched two new ASUs or air separation units to its existing two ASUs supplying gaseous nitrogen and oxygen to the Wanhua Chemical Group. The new ASUs will help support Phase I and II of the integrated chemical site and production centre of Wanhua Chemical in China.

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Top 4 Chlorine Trifluoride Companies in the World:

Air Products and Chemicals, Inc.

Air Products and Chemicals, Inc. is an international corporation based out of the United States that specialises in selling industrial-use gases and chemicals. The company serves a variety of industries across the world, including technology, energy, food, and healthcare. It provides atmospheric industrial gases like oxygen, nitrogen, argon, hydrogen, and carbon dioxide, speciality gases, performance materials, and chemical intermediates.

Kanto Denka Kogyo Co., Ltd.

Kanto Denka Kogyo Co., Ltd. is a Japan-based company engaged in the production of fine chemicals and primary chemicals. The product portfolio of the company includes several chemical and metal products. Some of the products offered by Kanto Denta Kogyo are inorganic and organic chemicals, magnetic metal powder for audio and videotapes, and fluorine compounds for semiconductor products.

Linde AG

Linde plc is a multinational chemical organisation. The company serves various end-user markets, including chemicals & refining, electronics, healthcare, manufacturing, food & beverage, and primary metals. Industrial gases offered by Linde are used in numerous applications, ranging from medical-grade oxygen for hospitals to high-purity, speciality gases for electronics manufacturing, and hydrogen for clean fuels, among others.

Advance Research Chemicals, Inc.

ARC is one of the biggest global providers of speciality inorganic fluorides, with production facilities located in Mexico, the United States, and India. It serves numerous end-users, including military defence, semiconductors, battery materials, pharmaceutical manufacturing, medical devices, agricultural solutions, automotive components, surfactants, textiles, and industrial cleaners. In addition, ARC provides services like custom synthesis, advanced applications, research and development, private label manufacturing, and responsive scalability.