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Report Overview

2023

Base Year

2018-2023

Historical Year

2024-2032

Forecast Year

Global Nitrogen Trifluoride (NF3) Market Outlook

Nitrogen trifluoride is widely utilised as an etchant and chamber cleaning agent over other compounds as it is stable and non-flammable in nature, which facilitates its easy transportation and handling, thus, supporting its industry growth. The global nitrogen trifluoride (NF3) market is expected to grow at a CAGR of 6.2% in the forecast period of 2024-2032.

Nitrogen Trifluoride (NF3) Market

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Expanding Semiconductors Industry Aiding the Nitrogen Trifluoride (NF3) Market

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.

Nitrogen Trifluoride (NF3) Market by Application

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Nitrogen Trifluoride (NF3): Market Segmentation

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:

  • Electronic
  • Industrial

On the basis of application, the industry is segmented into:

  • Semiconductor
  • Flat Panel Displays
  • Solar Cells
  • LED
  • Others

The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Rising Environmental Concerns Fuelling the Nitrogen Trifluoride (NF3) Market Growth

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.

Nitrogen Trifluoride (NF3) Market by Region

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Key Industry Players in the Global Nitrogen Trifluoride (NF3) Market

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:

  • Mitsui Chemicals, Inc.
  • Feiyuan Group
  • SK Materials
  • Linde AG
  • American Gas Products
  • 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.

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Grade
  • Application
  • Region
Breakup by Grade
  • Electronic
  • Industrial
Breakup by Application
  • Semiconductor
  • Flat Panel Displays
  • Solar Cells
  • LED
  • Others
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Mitsui Chemicals, Inc.
  • Feiyuan Group
  • SK Materials
  • Linde AG
  • American Gas Products
  • Others
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*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.*

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Key Questions Answered in the Report

The market is projected to grow at a CAGR of 6.2% between 2024 and 2032.

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.

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63 Fiona Drive, Tamworth, NSW

+61 448 06 17 27

C130 Sector 2 Noida, Uttar Pradesh 201301

+91-858-608-1494

40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.

+63 287899028, +63 967 048 3306

6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London

+44-753-713-2163

193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City

+84865399124