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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 (2016-2026); 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 2021-2026 to reach a value of USD 516 billion by 2026.
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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: Industry Definition and 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.
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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:
- Semiconductor Industry
- Rocket Propellant
- Military
- Nuclear Power
- Others
The regional markets for chlorine trifluoride can be divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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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 industry based on the Porter's five forces model along with giving a SWOT analysis.
*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.
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 Industry Opportunities and Challenges
8 Global Chlorine Trifluoride Market Analysis
8.1 Key Industry Highlights
8.2 Global Chlorine Trifluoride Historical Market (2016-2020)
8.3 Global Chlorine Trifluoride Market Forecast (2021-2026)
8.4 Global Chlorine Trifluoride Market by Form
8.4.1 Gas
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2016-2020)
8.4.1.3 Forecast Trend (2021-2026)
8.4.2 Liquid
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2016-2020)
8.4.2.3 Forecast Trend (2021-2026)
8.4.3 Solid
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2016-2020)
8.4.3.3 Forecast Trend (2021-2026)
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 (2016-2020)
8.5.1.3 Forecast Trend (2021-2026)
8.5.2 Industrial Grade
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2016-2020)
8.5.2.3 Forecast Trend (2021-2026)
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 (2016-2020)
8.6.1.3 Forecast Trend (2021-2026)
8.6.2 Rocket Propellant
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2016-2020)
8.6.2.3 Forecast Trend (2021-2026)
8.6.3 Military
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2016-2020)
8.6.3.3 Forecast Trend (2021-2026)
8.6.4 Nuclear Power
8.6.4.1 Market Share
8.6.4.2 Historical Trend (2016-2020)
8.6.4.3 Forecast Trend (2021-2026)
8.6.5 Others
8.7 Global Chlorine Trifluoride Market by Region
8.7.1 Market Share
8.7.1.1 North America
8.7.1.2 Europe
8.7.1.3 Asia Pacific
8.7.1.4 Latin America
8.7.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2016-2020)
9.1.2 Forecast Trend (2021-2026)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2016-2020)
9.2.2 Forecast Trend (2021-2026)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2016-2020)
9.3.2 Forecast Trend (2021-2026)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2016-2020)
9.4.2 Forecast Trend (2021-2026)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2016-2020)
9.5.2 Forecast Trend (2021-2026)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 EMR’s Key Indicators for Demand
10.4 EMR’s Key Indicators for Price
11 Value Chain Analysis
12 Price Analysis
12.1 North America Historical Price Trends (2016-2020) and Forecast (2021-2026)
12.2 Europe Historical Price Trends (2016-2020) and Forecast (2021-2026)
12.3 Asia Pacific Historical Price Trends (2016-2020) and Forecast (2021-2026)
12.4 Latin America Historical Price Trends (2016-2020) and Forecast (2021-2026)
12.5 Middle East and Africa Historical Price Trends (2016-2020) and Forecast (2021-2026)
13 Competitive Landscape
13.1 Market Structure
13.2 Company Profiles
13.2.1 Air Products and Chemicals, Inc.
13.2.1.1 Company Overview
13.2.1.2 Product Portfolio
13.2.1.3 Demographic Reach and Achievements
13.2.1.4 Certifications
13.2.2 Kanto Denka Kogyo Co., Ltd.
13.2.2.1 Company Overview
13.2.2.2 Product Portfolio
13.2.2.3 Demographic Reach and Achievements
13.2.2.4 Certifications
13.2.3 Linde AG
13.2.3.1 Company Overview
13.2.3.2 Product Portfolio
13.2.3.3 Demographic Reach and Achievements
13.2.3.4 Certifications
13.2.4 Advance Research Chemicals, Inc.
13.2.4.1 Company Overview
13.2.4.2 Product Portfolio
13.2.4.3 Demographic Reach and Achievements
13.2.4.4 Certifications
13.2.5 Others
14 Industry Events and Developments
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 Figures and Tables
1. Global Chlorine Trifluoride Market: Key Industry Highlights, 2016 and 2026
2. Global Chlorine Trifluoride Historical Market: Breakup by Form (USD Billion), 2016-2020
3. Global Chlorine Trifluoride Market Forecast: Breakup by Form (USD Billion), 2021-2026
4. Global Chlorine Trifluoride Historical Market: Breakup by Grade (USD Billion), 2016-2020
5. Global Chlorine Trifluoride Market Forecast: Breakup by Grade (USD Billion), 2021-2026
6. Global Chlorine Trifluoride Historical Market: Breakup by End Use (USD Billion), 2016-2020
7. Global Chlorine Trifluoride Market Forecast: Breakup by End Use (USD Billion), 2021-2026
8. Global Chlorine Trifluoride Historical Market: Breakup by Region (USD Billion), 2016-2020
9. Global Chlorine Trifluoride Market Forecast: Breakup by Region (USD Billion), 2021-2026
10. North America Chlorine Trifluoride Historical Market: Breakup by Country (USD Billion), 2016-2020
11. North America Chlorine Trifluoride Market Forecast: Breakup by Country (USD Billion), 2021-2026
12. Europe Chlorine Trifluoride Historical Market: Breakup by Country (USD Billion), 2016-2020
13. Europe Chlorine Trifluoride Market Forecast: Breakup by Country (USD Billion), 2021-2026
14. Asia Pacific Chlorine Trifluoride Historical Market: Breakup by Country (USD Billion), 2016-2020
15. Asia Pacific Chlorine Trifluoride Market Forecast: Breakup by Country (USD Billion), 2021-2026
16. Latin America Chlorine Trifluoride Historical Market: Breakup by Country (USD Billion), 2016-2020
17. Latin America Chlorine Trifluoride Market Forecast: Breakup by Country (USD Billion), 2021-2026
18. Middle East and Africa Chlorine Trifluoride Historical Market: Breakup by Country (USD Billion), 2016-2020
19. Middle East and Africa Chlorine Trifluoride Market Forecast: Breakup by Country (USD Billion), 2021-2026
20. North America Historical Price Trends and Forecast 2016-2026
21. Europe Historical Price Trends and Forecast 2016-2026
22. Asia Pacific Historical Price Trends and Forecast 2016-2026
23. Latin America Historical Price Trends and Forecast 2016-2026
24. Middle East and Africa Historical Price Trends and Forecast 2016-2026
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 2021-2026 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 2021-2026, 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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