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Global Chlorine Trifluoride Market: By Form: Gas, Liquid, Solid; By Grade: Electronic Grade, Industrial Grade; By End Use: Semiconductor Industry, Rocket Propellant, Military, Nuclear Power, Others; Regional Analysis; Historical Market and Forecast (2018-2028); Market Dynamics; Competitive Landscape; Industry Events and Developments

Global Chlorine Trifluoride Market Outlook

The global chlorine trifluoride market is expected to grow at a CAGR of 3.8% in the forecast period of 2023-2028 to reach a value of USD 516 billion by 2026.

 

Global Chlorine Trifluoride Market

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The Asia Pacific to be a Significant Regional Market for the Chlorine Trifluoride Industry

The Asia Pacific region is anticipated to account for a significant share in the global chlorine trifluoride industry in the forecast period. In the coming years, a number of growth factors are expected to contribute to the strong market growth in the region, including developments in the end-use industries, technological advancements, as well as the heavy investments in research and development activities across this sector.

North America and Europe are expected to witness a significant growth in the forecast period. Various factors supporting the growth of the chlorine trifluoride industry include the well-established aerospace industry, innovations, and development in the semiconductor industry, as well as the reinforcement of the military of these regions by modern technologies and advanced weapons, among others.

 

Chlorine Trifluoride: Market Segmentation

Chlorine trifluoride with a chemical formula of CIF3 is an interhalogen compound. Trifluoride chloride is a gas that is colourless, corrosive, and highly reactive. It comprises of chlorine and atoms of fluorine. Chlorine trifluoride gas is utilised as a component in fuel manufacturing, in the semiconducting industry, as well as in many other industrial applications in etching and plasma-less cleaning activities.

 

Global Chlorine Trifluoride Market By Form

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The forms of chlorine trifluoride can be divided as follows:

  • Gas
  • Liquid
  • Solid

The grades of the product can be divided as follows:

  • Electronic Grade
  • Industrial Grade

The end-uses of the product include the following:

The regional markets for chlorine trifluoride can be divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Global Chlorine Trifluoride Market By Region

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Rising Applications of Chlorine Trifluoride Bolstering the Market Growth

The rising application of the product in the end-use industries is driving the growth of the market. The application of cleaning chemical vapour deposition chambers includes heavy use of chlorine trifluoride in the semiconductors industry. Chlorine trifluoride has the benefits of removing solid residues without dismantling chambers from the wall of the chamber. Chlorine trifluoride can also be used for cleaning at relatively low temperatures. Technological advancements as well as the ongoing innovations in the aerospace industry are expected to contribute to the growth of the global chlorine trifluoride industry.

 

Key Industry Players in the Global Chlorine Trifluoride Market

The report gives a detailed analysis of the following key players in the global chlorine trifluoride market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • Air Products and Chemicals, Inc.
  • Kanto Denka Kogyo Co., Ltd.
  • Linde AG
  • Advance Research Chemicals, Inc.
  • Others

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.

 

REPORT FEATURES DETAILS
Base Year 2022
Historical Period 2018-2022
Forecast Period 2023-2028
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Form, Grade, End Use, Region
Breakup by Form Gas, Liquid, Solid
Breakup by Grade Electronic Grade, Industrial Grade
Breakup by End Use Semiconductor Industry, Rocket Propellant, Military, Nuclear Power, Others
Breakup by Region North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Market Dynamics SWOT, Porter's Five Forces, Key Indicators for Price and Demand
Price Analysis Historical and Forecast Price Trends- Regional
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered Air Products and Chemicals, Inc., Kanto Denka Kogyo Co., Ltd., Linde AG, Advance Research Chemicals, Inc., Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Opportunities and Challenges in the Market
8    Global Chlorine Trifluoride Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Chlorine Trifluoride Historical Market (2018-2022) 
    8.3    Global Chlorine Trifluoride Market Forecast (2023-2028)
    8.4    Global Chlorine Trifluoride Market by Form
        8.4.1    Gas
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2018-2022)
            8.4.1.3    Forecast Trend (2023-2028)
        8.4.2    Liquid
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2018-2022)
            8.4.2.3    Forecast Trend (2023-2028)
        8.4.3    Solid
            8.4.3.1    Market Share
            8.4.3.2    Historical Trend (2018-2022)
            8.4.3.3    Forecast Trend (2023-2028)
    8.5    Global Chlorine Trifluoride Market by Grade
        8.5.1    Electronic Grade
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2018-2022)
            8.5.1.3    Forecast Trend (2023-2028)
        8.5.2    Industrial Grade
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2018-2022)
            8.5.2.3    Forecast Trend (2023-2028)
    8.6    Global Chlorine Trifluoride Market by End Use
        8.6.1    Semiconductor Industry
            8.6.1.1    Market Share
            8.6.1.2    Historical Trend (2018-2022)
            8.6.1.3    Forecast Trend (2023-2028)
        8.6.2    Rocket Propellant
            8.6.2.1    Market Share
            8.6.2.2    Historical Trend (2018-2022)
            8.6.2.3    Forecast Trend (2023-2028)
        8.6.3    Military
            8.6.3.1    Market Share
            8.6.3.2    Historical Trend (2018-2022)
            8.6.3.3    Forecast Trend (2023-2028)
        8.6.4    Nuclear Power
            8.6.4.1    Market Share
            8.6.4.2    Historical Trend (2018-2022)
            8.6.4.3    Forecast Trend (2023-2028)
        8.6.5    Others 
    8.7    Global Chlorine Trifluoride Market by Region
        8.7.1    North America
            8.7.1.1    Market Share
            8.7.1.2    Historical Trend (2018-2022)
            8.7.1.3    Forecast Trend (2023-2028)
        8.7.2    Europe
            8.7.2.1    Market Share
            8.7.2.2    Historical Trend (2018-2022)
            8.7.2.3    Forecast Trend (2023-2028)
        8.7.3    Asia Pacific
            8.7.3.1    Market Share
            8.7.3.2    Historical Trend (2018-2022)
            8.7.3.3    Forecast Trend (2023-2028)
        8.7.4    Latin America
            8.7.4.1    Market Share
            8.7.4.2    Historical Trend (2018-2022)
            8.7.4.3    Forecast Trend (2023-2028)
        8.7.5    Middle East and Africa
            8.7.5.1    Market Share
            8.7.5.2    Historical Trend (2018-2022)
            8.7.5.3    Forecast Trend (2023-2028)
9    North America Chlorine Trifluoride Market Analysis
    9.1    United States of America
        9.1.1    Market Share
        9.1.2    Historical Trend (2018-2022)
        9.1.3    Forecast Trend (2023-2028)
    9.2    Canada
        9.2.1    Market Share
        9.2.2    Historical Trend (2018-2022)
        9.2.3    Forecast Trend (2023-2028)
10    Europe Chlorine Trifluoride Market Analysis
    10.1    United Kingdom
        10.1.1    Market Share
        10.1.2    Historical Trend (2018-2022)
        10.1.3    Forecast Trend (2023-2028)
    10.2    Germany
        10.2.1    Market Share
        10.2.2    Historical Trend (2018-2022)
        10.2.3    Forecast Trend (2023-2028)
    10.3    France
        10.3.1    Market Share
        10.3.2    Historical Trend (2018-2022)
        10.3.3    Forecast Trend (2023-2028)
    10.4    Italy
        10.4.1    Market Share
        10.4.2    Historical Trend (2018-2022)
        10.4.3    Forecast Trend (2023-2028)
    10.5    Others
11    Asia Pacific Chlorine Trifluoride Market Analysis
    11.1    China
        11.1.1    Market Share
        11.1.2    Historical Trend (2018-2022)
        11.1.3    Forecast Trend (2023-2028)
    11.2    Japan
        11.2.1    Market Share
        11.2.2    Historical Trend (2018-2022)
        11.2.3    Forecast Trend (2023-2028)
    11.3    India
        11.3.1    Market Share
        11.3.2    Historical Trend (2018-2022)
        11.3.3    Forecast Trend (2023-2028)
    11.4    ASEAN
        11.4.1    Market Share
        11.4.2    Historical Trend (2018-2022)
        11.4.3    Forecast Trend (2023-2028)
    11.5    Australia
        11.5.1    Market Share
        11.5.2    Historical Trend (2018-2022)
        11.5.3    Forecast Trend (2023-2028)
    11.6    Others
12    Latin America  Chlorine Trifluoride Market Analysis
    12.1    Brazil
        12.1.1    Market Share
        12.1.2    Historical Trend (2018-2022)
        12.1.3    Forecast Trend (2023-2028)
    12.2    Argentina
        12.2.1    Market Share
        12.2.2    Historical Trend (2018-2022)
        12.2.3    Forecast Trend (2023-2028)
    12.3    Mexico
        12.3.1    Market Share
        12.3.2    Historical Trend (2018-2022)
        12.3.3    Forecast Trend (2023-2028)
    12.4    Others
13    Middle East and Africa Chlorine Trifluoride Market Analysis
    13.1    Saudi Arabia
        13.1.1    Market Share
        13.1.2    Historical Trend (2018-2022)
        13.1.3    Forecast Trend (2023-2028)
    13.2    United Arab Emirates
        13.2.1    Market Share
        13.2.2    Historical Trend (2018-2022)
        13.2.3    Forecast Trend (2023-2028)
    13.3    Nigeria
        13.3.1    Market Share
        13.3.2    Historical Trend (2018-2022)
        13.3.3    Forecast Trend (2023-2028)
    13.4    South Africa
        13.4.1    Market Share
        13.4.2    Historical Trend (2018-2022)
        13.4.3    Forecast Trend (2023-2028)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Value Chain Analysis
16    Price Analysis

    16.1    North America Historical Price Trends (2018-2022) and Forecast (2023-2028)
    16.2    Europe Historical Price Trends (2018-2022) and Forecast (2023-2028)
    16.3    Asia Pacific Historical Price Trends (2018-2022) and Forecast (2023-2028)
    16.4    Latin America Historical Price Trends (2018-2022) and Forecast (2023-2028)
    16.5    Middle East and Africa Historical Price Trends (2018-2022) and Forecast (2023-2028)
17    Competitive Landscape
    17.1    Market Structure
    17.2    Company Profiles
        17.2.1    Air Products and Chemicals, Inc.
            17.2.1.1    Company Overview
            17.2.1.2    Product Portfolio
            17.2.1.3    Demographic Reach and Achievements
            17.2.1.4    Certifications
        17.2.2    Kanto Denka Kogyo Co., Ltd.
            17.2.2.1    Company Overview
            17.2.2.2    Product Portfolio
            17.2.2.3    Demographic Reach and Achievements
            17.2.2.4    Certifications
        17.2.3    Linde AG
            17.2.3.1    Company Overview
            17.2.3.2    Product Portfolio
            17.2.3.3    Demographic Reach and Achievements
            17.2.3.4    Certifications
        17.2.4    Advance Research Chemicals, Inc.
            17.2.4.1    Company Overview
            17.2.4.2    Product Portfolio
            17.2.4.3    Demographic Reach and Achievements
            17.2.4.4    Certifications
        17.2.5    Others
18    Key Trends and Developments in the Market

 

Additional Customisations Available

1    Manufacturing Process
    1.1    Overview
    1.2    Detailed Process Flow
    1.3    Operations Involved
2    Project Requirements and Cost Analysis
    2.1    Land, Location, and Site Development
    2.2    Construction
    2.3    Plant Machinery
    2.4    Raw Materials
    2.5    Packaging
    2.6    Transportation
    2.7    Utilities
    2.8    Manpower
    2.9    Other Capital Investments

 

List of Key Figures and Tables

1.    Global Chlorine Trifluoride Market: Key Industry Highlights, 2018 and 2028
2.    Global Chlorine Trifluoride Historical Market: Breakup by Form (USD Billion), 2018-2022
3.    Global Chlorine Trifluoride Market Forecast: Breakup by Form (USD Billion), 2023-2028
4.    Global Chlorine Trifluoride Historical Market: Breakup by Grade (USD Billion), 2018-2022
5.    Global Chlorine Trifluoride Market Forecast: Breakup by Grade (USD Billion), 2023-2028
6.    Global Chlorine Trifluoride Historical Market: Breakup by End Use (USD Billion), 2018-2022
7.    Global Chlorine Trifluoride Market Forecast: Breakup by End Use (USD Billion), 2023-2028
8.    Global Chlorine Trifluoride Historical Market: Breakup by Region (USD Billion), 2018-2022
9.    Global Chlorine Trifluoride Market Forecast: Breakup by Region (USD Billion), 2023-2028
10.    North America Chlorine Trifluoride Historical Market: Breakup by Country (USD Billion), 2018-2022
11.    North America Chlorine Trifluoride Market Forecast: Breakup by Country (USD Billion), 2023-2028
12.    Europe Chlorine Trifluoride Historical Market: Breakup by Country (USD Billion), 2018-2022
13.    Europe Chlorine Trifluoride Market Forecast: Breakup by Country (USD Billion), 2023-2028
14.    Asia Pacific Chlorine Trifluoride Historical Market: Breakup by Country (USD Billion), 2018-2022
15.    Asia Pacific Chlorine Trifluoride Market Forecast: Breakup by Country (USD Billion), 2023-2028
16.    Latin America Chlorine Trifluoride Historical Market: Breakup by Country (USD Billion), 2018-2022
17.    Latin America Chlorine Trifluoride Market Forecast: Breakup by Country (USD Billion), 2023-2028
18.    Middle East and Africa Chlorine Trifluoride Historical Market: Breakup by Country (USD Billion), 2018-2022
19.    Middle East and Africa Chlorine Trifluoride Market Forecast: Breakup by Country (USD Billion), 2023-2028
20.    North America Historical Price Trends and Forecast 2018-2028
21.    Europe Historical Price Trends and Forecast 2018-2028
22.    Asia Pacific Historical Price Trends and Forecast 2018-2028
23.    Latin America Historical Price Trends and Forecast 2018-2028
24.    Middle East and Africa Historical Price Trends and Forecast 2018-2028
25.    Global Chlorine Trifluoride Market Structure

Key Questions Answered in the Report

The global chlorine trifluoride market is projected to grow at a CAGR of 3.8% between 2021 and 2026.

The market is estimated to witness a healthy growth in the forecast period of 2023-2028 to reach about USD 516 billion by 2026.

The growth of the market is supported by drivers like rising population, growing applications of the product, and technological advancements, among others.

The rising investment in research and development acts is an important industry trend informing the growth of the market.

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

The leading forms of chlorine trifluoride in the market are gas, liquid, and solid.

The significant grades of chlorine trifluoride in the industry are electronic grade and industrial grade.

The major end use sectors in the market are semiconductor industry, rocket propellant, military, and nuclear power, among others.

The major players in the industry are Air Products and Chemicals, Inc., Kanto Denka Kogyo Co., Ltd., Linde AG, and Advance Research Chemicals, Inc., among others.

Analyst Review

The global chlorine trifluoride market is being driven by the growing applications of the product. Aided by the growing research activities, the market is expected to witness a moderate growth in the forecast period of 2023-2028, growing at a CAGR of 3.8%. The market is projected to reach USD 516 billion by 2026.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on form, the market is divided into gas, liquid, and solid. On the basis of grade, the industry is bifurcated into electronic grade and industrial grade. By end use, the market is segmented into semiconductor industry, rocket propellant, military, and nuclear power, among others. The major regional markets for chlorine trifluoride are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Air Products and Chemicals, Inc., Kanto Denka Kogyo Co., Ltd., Linde AG, and Advance Research Chemicals, Inc., among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition. 

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