The global nitrogen trifluoride NF3 market was valued at USD 2.03 Billion in 2024. The industry is expected to grow at a CAGR of 8.20% during the forecast period of 2025-2034 to attain a valuation of USD 4.46 Billion by 2034.
Base Year
Historical Period
Forecast Period
Compound Annual Growth Rate
8.2%
Value in USD Billion
2025-2034
Nitrogen Trifluoride (NF3) Market Outlook
*this image is indicative*
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
Based on application, semiconductor represents one of the leading segments in the market due to the growing demand from the electronics industry. Nitrogen trifluoride is being increasingly adopted as a greener alternative to clean silicon wafers present in semiconductor chips. This is boosting the sales volume of the product and contributing to the industry growth.
Region-wise, the Asia Pacific is a significant market for the product. The thriving consumer electronics market is augmenting the growth of the semiconductors industry in China and South Korea, which is driving the demand for nitrogen trifluoride in the region. Further, the growing flat panel displays industry, owing to the rise in the demand for LCDs, is also expected to aid the regional market growth, thus, aiding the overall industry.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
Nitrogen trifluoride (NF3), an inorganic compound, is a colourless gas with a characteristic musty odour. It is made of nitrogen and fluorine atoms and is non-flammable in nature. It acts as an oxidiser at increased temperatures. Owing to its stability at room temperature, it is easy and safe to handle. It is widely used in the electronics sector for cleaning applications as it provides several benefits over alternative cleaning agents, and also helps reduce greenhouse gas emissions.
Based on grade, the industry is divided into:
On the basis of application, the industry is segmented into:
The regional markets for the product include:
The rising environmental concern among the consumers is pushing the growth of the industry forward. A variety of perfluorinated compounds used by electronics manufacturers to clean process chamber walls generate greenhouse gas emissions. As nitrogen trifluoride has lower emission rate, its use in cleaning processes can reduce equivalent greenhouse gas emissions by six or seven times, thus reducing global warming and protecting the earth's climate.
The market growth is higher in the developing regions owing to increased sales of laptops, mobile phones, digital cameras, and other consumer electronic devices. These products drive the demand for flat panel displays and semiconductors, and, in turn, aid the nitrogen trifluoride (NF3) industry. Owing to growing research and development activities, the product is expected witness an increased demand from new application sectors. This is projected to have a positive effect on the expansion of the industry.
The report gives a detailed analysis of the following key players in the global nitrogen trifluoride (NF3) market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
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.
Upto 15% Off
USD
$2499 $2249
$3999 $3599
$4999 $4249
$5999 $5099
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
Get in touch with us for a customized solution tailored to your unique requirements and save upto 35%!
The market is projected to grow at a CAGR of 8.20% between 2025 and 2034.
The major market drivers include the growing demand for nitrogen trifluoride (NF3) in the electronics sector, the surging use of nitrogen trifluoride (NF3) to clean silicon wafers in semiconductor chips, and the robust growth of the flat panel displays sector.
The growing environmental consciousness, the surging sales of consumer electronics in both developing and developed countries, and the increasing research and development (R&D) activities in diverse end-use sectors are the key trends propelling the market growth.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The leading grades of the product in the market are electronic and industrial.
Semiconductor, flat panel displays, solar cells, and LED, among others, are the various applications of nitrogen trifluoride (NF3).
The major players in the market are Mitsui Chemicals, Inc., Feiyuan Group, SK Materials, Linde AG, and American Gas Products, among others.
In 2024, the market attained a value of nearly USD 2.03 Billion.
The market is estimated to witness a healthy growth in the forecast period of 2025-2034 to reach about USD 4.46 Billion by 2034.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
| REPORT FEATURES | DETAILS |
| Base Year | 2024 |
| Historical Period | 2018-2024 |
| Forecast Period | 2025-2034 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Grade |
|
| Breakup by Application |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
|
| 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. |
Datasheet
One User
USD 2,499
USD 2,249
tax inclusive*
Single User License
One User
USD 3,999
USD 3,599
tax inclusive*
Five User License
Five User
USD 4,999
USD 4,249
tax inclusive*
Corporate License
Unlimited Users
USD 5,999
USD 5,099
tax inclusive*
*Please note that the prices mentioned below are starting prices for each bundle type. Kindly contact our team for further details.*
Flash Bundle
Small Business Bundle
Growth Bundle
Enterprise Bundle
*Please note that the prices mentioned below are starting prices for each bundle type. Kindly contact our team for further details.*
Flash Bundle
Number of Reports: 3
20%
tax inclusive*
Small Business Bundle
Number of Reports: 5
25%
tax inclusive*
Growth Bundle
Number of Reports: 8
30%
tax inclusive*
Enterprise Bundle
Number of Reports: 10
35%
tax inclusive*
How To Order
Our step-by-step guide will help you select, purchase, and access your reports swiftly, ensuring you get the information that drives your decisions, right when you need it.
Select License Type
Choose the right license for your needs and access rights.
Click on ‘Buy Now’
Add the report to your cart with one click and proceed to register.
Select Mode of Payment
Choose a payment option for a secure checkout. You will be redirected accordingly.
Gain insights to stay ahead and seize opportunities.
Get insights & trends for a competitive edge.
Track prices with detailed trend reports.
Analyse trade data for supply chain insights.
Leverage cost reports for smart savings
Enhance supply chain with partnerships.
Connect For More Information
Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.
Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.
We employ meticulous research methods, blending advanced analytics and expert insights to deliver accurate, actionable industry intelligence, staying ahead of competitors.
Our skilled analysts offer unparalleled competitive advantage with detailed insights on current and emerging markets, ensuring your strategic edge.
We offer an in-depth yet simplified presentation of industry insights and analysis to meet your specific requirements effectively.
