As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.
The nitrogen trifluoride (NF3) industry is being aided by the increasing sales of consumer electronics. The growing electronics market, which requires gases for semiconductor, solar, display, and LED applications, is one of the major consumers of nitrogen trifluoride. The product is gaining prominence in the electronics industry, owing to its environment-friendly nature. The growing disposable incomes and increase in demand for smartphones, laptops, and LCD televisions, are expected to promote the use of nitrogen trifluoride (NF3), thus, aiding the market growth.
Some of the major players in the NF3 market include Linde PLC (NYSE: LIN) and Mitsui Chemicals, Inc. (TYO: 4183). The growing investments by the key players to enhance their product portfolio and meet the rising demand for nitrogen trifluoride (NF3) is further accelerating the industry growth. In June 2018, Linde announced that the company has significantly invested in products and business continuity planning (BCP) to fulfill the growing needs of sub-10nm advanced flat panel manufacturers and semiconductor factories, thus, increasing the capacity of fluorine/nitrogen mixtures and adding new precursors to its portfolio. Moreover, growing R&D activities are expected to open new opportunities for the industry growth. In March 2020, Mitsui Chemicals inaugurated the Design & Solution Center in Sanjo, Niigata Prefecture, which will offer a wide range of the Mitsui Chemicals Group’s product development capabilities under a single roof. Such developments are expected to aid the NF3 market growth over the forecast period.
Market Breakup by Grade, Application, and Region:
Key Findings of the Report:
Key Offerings of the Report:
The major players in the global nitrogen trifluoride (NF3) market are Mitsui Chemicals, Inc., Feiyuan Group, SK Materials, Linde AG, and American Gas Products, among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.
EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over a 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.
Expert Market Research
US & Canada Phone no: +1-415-325-5166
UK Phone no: +44-702-402-5790
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.