Report ID : AMR1004271 | Industries : | Published On :December 2023 | Page Count : 210
Global Nitrogen Trifluoride and Fluorine Gas Market Size, Share & Trends Analysis Report by Nitrogen Trifluoride (NF3) Fluorine Gas (F2) Application (Semiconductor Chips, Flat Panel Displays, Solar Cells, Others) , by Fluorine Gas (F2) Application (Uranium Enrichment, Sulfur Hexafluoride, Electronic Cleaning, Others), and by Region (North America, Europe, Asia Pacific, Latin America, Middle East) - Size, Share, Outlook, and Opportunity Analysis, 2023 – 2030
Global Nitrogen Trifluoride and Fluorine Gas Market
Global Nitrogen Trifluoride and Fluorine Gas Market was valued at USD 1.27 billion in 2022 which expected to reach USD 2.52 billion by 2030, at a CAGR 8.6 % from 2023-2030.
Nitrogen Trifluoride (NF3) is an inorganic chemical that is both non-flammable and poisonous. The interaction of hydrochloric acid (HCL) with ammonia (NH3) produces NF3, which is largely employed in the cleaning of silicon wafers in semiconductor and solar energy applications. Fluorine Gas (F2) is created by combining fluorite (fluorspar) and fluorapatite. Fluorine gas is used in applications such as uranium enrichment, switchgear and electronic cleaning. Fluorine is utilised for uranium enrichment and as a dielectric medium in gas-insulated switchgear in the form of uranium hexafluoride (UF6) and sulphur hexafluoride (SF6), respectively.
Market Drivers
Increased uranium output is predicted to increase demand for UF6 in nuclear power production, causing F2 demand to rise. Because of its environmental effectiveness, NF3 is being explored in place of conventional cleaning agents such as sulphur hexafluoride and hexafluoroethane. Furthermore, rising solar energy generation is predicted to raise NF3 demand for thin-film solar cells.
Market Opportunities
Regulations and benefits are increasing demand.
Furthermore, favourable government activities related with environmental rules to stimulate demand for decreased emissions would further extend profitable prospects to market participants. Furthermore, the increasing use of the gases will open up new chances for the market. According to the International Energy Agency's Photovoltaic Power Systems Programme, the worldwide photovoltaic market will grow by around 14% in 2020 compared to 2019. Over the anticipated period, the increasing demand for these gases for energy and power production would create attractive growth possibilities for the market.
Market Segmentation
The Global Nitrogen Trifluoride and Fluorine Gas Market is segmented into Nitrogen Trifluoride (NF3) Fluorine Gas (F2) Application such as Semiconductor Chips, Flat Panel Displays, Solar Cells, Others. Moreover, market is further segmented into Fluorine Gas (F2) Application such as Uranium Enrichment, Sulfur Hexafluoride, Electronic Cleaning, Others.
Regional Analysis
The Global Nitrogen Trifluoride and Fluorine Gas Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Asia Pacific among regions is expected to exhibit the highest CAGR in the global Nitrogen Trifluoride and Fluorine Gas market. The NF3 and F2 gases are primarily employed in the fabrication of semiconductor devices and as a dielectric medium, respectively. The NF3 market is likely to be driven by the rise of the semiconductor sector in South Korea, China, and Japan. F2 petrol consumption is anticipated to rise as flat panel display production rises in developing nations like China. According to a research published by the Semiconductor Industry Association (SIA) in 2022, Chinese semiconductor chip sales were increasing.
North America ranks second in the market, which is headed by the United States. Growth in electronics manufacturing, renewable energy technologies such as solar cells, increasing need for data centres, and the phase-out of Sulphur hexafluoride (SF6), a strong greenhouse gas, are some of among the primary factors increasing NF3 demand in North America.
Key Developments
In February 2021, According to a statistics report from the Korea International Trade Association, Hyosung Chemical, the world's second-largest maker of NF3 with a manufacturing capacity of 4,550 tonnes, increased its export in the worldwide chip and display industries. It shipped approximately 4,000 tonnes of NF3 in 2020, up from 3,000 tonnes in 2019.
Key Players
Various key players are listed in the global Nitrogen Trifluoride and Fluorine Gas market including- Mitsui Chemicals Inc, American Gas Group, Central Glass Co. Ltd, Formosa Plastics Corporation, Kanto Denka Kogyo Co. Ltd, Foosung Co. Ltd, Hyosung Corporation, Linde plc, Navin Fluorine International Limited, OCI COMPANY Ltd.
Market Taxonomy
By Nitrogen Trifluoride (NF3) Fluorine Gas (F2) Application
• Semiconductor Chips
• Flat Panel Displays
• Solar Cells
• Others
By Fluorine Gas (F2) Application
• Uranium Enrichment
• Sulfur Hexafluoride
• Electronic Cleaning
• Others
By Region
• North America
o U.S.
o Canada
o Mexico
• Latin America
o Brazil
o Argentina
o Colombia
o Peru
o Chile
o Venezuela
o Rest of Latin America
• Europe
o Germany
o France
o UK
o Russia
o Italy
o Spain
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o South Korea
o Australia
o New Zealand
o Singapore
o Malaysia
o Rest of Asia Pacific
• Middle East & Africa
o Saudi Arabia
o UAE
o Egypt
o Kuwait
o South Africa
o Rest Middle East & Africa
Key Questions Addressed by the Report
• What are the Key Opportunities in Global Nitrogen Trifluoride and Fluorine Gas Market?
• What will be the growth rate from 2023 to 2030?
• Which segment/region will have highest growth?
• What are the factors that will impact/drive the Market?
• What is the competitive Landscape in the Industry?
• What is the role of key players in the value chain?
• What are the strategies adopted by key players?
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Global Nitrogen Trifluoride and Fluorine Gas Market
1. Introduction
1.1. Objective of the Study
1.2. Market Definition
1.3. Market Scope
2. Research Methodology
2.1. Data Mining
2.2. Validation
2.3. Primary Interviews
2.4. List of Data Sources
3. Executive Summary
4. Global Nitrogen Trifluoride and Fluorine Gas Market Outlook
4.1. Overview
4.2. Market Dynamics
4.2.1. Drivers
4.2.2. Restraints
4.2.3. Opportunities
4.2.4. Cumulative Impact due to recent Energy Crisis
4.2.5. Cumulative Impact due to Nearing Economic Downturn
4.2.6. Post Covid-19 World Supply and Demand Conditions
4.2.7. Cumulative Impact of Russia-Ukraine Conflict
4.3. Porters Five Force Model
4.4. Value Chain Analysis
5. Global Nitrogen Trifluoride and Fluorine Gas Market, By Nitrogen Trifluoride (NF3) Application
5.1. Y-o-Y Growth Comparison, By Nitrogen Trifluoride (NF3) Application
5.2. Global Nitrogen Trifluoride and Fluorine Gas Market Share Analysis, By Nitrogen Trifluoride (NF3) Application
5.3. Global Nitrogen Trifluoride and Fluorine Gas Market Size and Forecast, By Nitrogen Trifluoride (NF3) Application
5.3.1. Semiconductor Chips
5.3.2. Flat Panel Displays
5.3.3. Solar Cells
5.3.4. Others
6. Global Nitrogen Trifluoride and Fluorine Gas Market, By Fluorine Gas (F2) Application
6.1. Y-o-Y Growth Comparison, By Fluorine Gas (F2) Application
6.2. Global Nitrogen Trifluoride and Fluorine Gas Market Share Analysis, By Fluorine Gas (F2) Application
6.3. Global Nitrogen Trifluoride and Fluorine Gas Market Size and Forecast, By Fluorine Gas (F2) Application
6.3.1. Pharmaceutical and Biotechnology Companies
6.3.2. Uranium Enrichment
6.3.3. Sulfur Hexafluoride
6.3.4. Electronic Cleaning
6.3.5. Others
7. Global Nitrogen Trifluoride and Fluorine Gas Market, By Region
7.1. Global Nitrogen Trifluoride and Fluorine Gas Market Share Analysis, By Region
7.2. Global Nitrogen Trifluoride and Fluorine Gas Market Share Analysis, By Region
7.3. Global Nitrogen Trifluoride and Fluorine Gas Market Size and Forecast, By Region
8. North America Nitrogen Trifluoride and Fluorine Gas Market Analysis and Forecast (2023-2030)
8.1. Introduction
8.2. North America Nitrogen Trifluoride and Fluorine Gas Market Share Analysis, By Nitrogen Trifluoride (NF3) Application
8.3. North America Nitrogen Trifluoride and Fluorine Gas Market Share Analysis, By Fluorine Gas (F2) Application
8.4. North America Nitrogen Trifluoride and Fluorine Gas Market Size and Forecast, By Country
8.4.1. U.S.
8.4.1.1. Market Size and Forecast, By Nitrogen Trifluoride (NF3) Application
8.4.1.2. Market Size and Forecast, By Fluorine Gas (F2) Application
8.4.2. Canada
8.4.2.1. Market Size and Forecast, By Nitrogen Trifluoride (NF3) Application
8.4.2.2. Market Size and Forecast, By Fluorine Gas (F2) Application
8.4.3. Mexico
8.4.3.1. Market Size and Forecast, By Nitrogen Trifluoride (NF3) Application
8.4.3.2. Market Size and Forecast, By Fluorine Gas (F2) Application
9. Europe Nitrogen Trifluoride and Fluorine Gas Market Analysis and Forecast (2023-2030)
9.1. Introduction
9.2. Europe Nitrogen Trifluoride and Fluorine Gas Market Share Analysis, By Nitrogen Trifluoride (NF3) Application
9.3. Europe Nitrogen Trifluoride and Fluorine Gas Market Share Analysis, By Fluorine Gas (F2) Application
9.4. Europe Nitrogen Trifluoride and Fluorine Gas Market Size and Forecast, By Country
9.4.1. Germany
9.4.1.1. Market Size and Forecast, By Nitrogen Trifluoride (NF3) Application
9.4.1.2. Market Size and Forecast, By Fluorine Gas (F2) Application
9.4.2. France
9.4.2.1. Market Size and Forecast, By Nitrogen Trifluoride (NF3) Application
9.4.2.2. Market Size and Forecast, By Fluorine Gas (F2) Application
9.4.3. UK
9.4.3.1. Market Size and Forecast, By Nitrogen Trifluoride (NF3) Application
9.4.3.2. Market Size and Forecast, By Fluorine Gas (F2) Application
9.4.4. Russia
9.4.4.1. Market Size and Forecast, By Nitrogen Trifluoride (NF3) Application
9.4.4.2. Market Size and Forecast, By Fluorine Gas (F2) Application
9.4.5. Italy
9.4.5.1. Market Size and Forecast, By Nitrogen Trifluoride (NF3) Application
9.4.5.2. Market Size and Forecast, By Fluorine Gas (F2) Application
9.4.6. Spain
9.4.6.1. Market Size and Forecast, By Nitrogen Trifluoride (NF3) Application
9.4.6.2. Market Size and Forecast, By Fluorine Gas (F2) Application
9.4.7. Rest of Europe
9.4.7.1. Market Size and Forecast, By Nitrogen Trifluoride (NF3) Application
9.4.7.2. Market Size and Forecast, By Fluorine Gas (F2) Application
10. Asia Pacific Nitrogen Trifluoride and Fluorine Gas Market Analysis and Forecast (2023-2030)
10.1. Introduction
10.2. Asia Pacific Nitrogen Trifluoride and Fluorine Gas Market Share Analysis, By Nitrogen Trifluoride (NF3) Application
10.3. Asia Pacific Nitrogen Trifluoride and Fluorine Gas Market Share Analysis, By Fluorine Gas (F2) Application
10.4. Asia Pacific Nitrogen Trifluoride and Fluorine Gas Market Size and Forecast, By Country
10.4.1. China
10.4.1.1. Market Size and Forecast, By Nitrogen Trifluoride (NF3) Application
10.4.1.2. Market Size and Forecast, By Fluorine Gas (F2) Application
10.4.2. Japan
10.4.2.1. Market Size and Forecast, By Nitrogen Trifluoride (NF3) Application
10.4.2.2. Market Size and Forecast, By Fluorine Gas (F2) Application
10.4.3. India
10.4.3.1. Market Size and Forecast, By Nitrogen Trifluoride (NF3) Application
10.4.3.2. Market Size and Forecast, By Fluorine Gas (F2) Application
10.4.4. South Korea
10.4.4.1. Market Size and Forecast, By Nitrogen Trifluoride (NF3) Application
10.4.4.2. Market Size and Forecast, By Fluorine Gas (F2) Application
10.4.5. Australia
10.4.5.1. Market Size and Forecast, By Nitrogen Trifluoride (NF3) Application
10.4.5.2. Market Size and Forecast, By Fluorine Gas (F2) Application
10.4.6. New Zealand
10.4.6.1. Market Size and Forecast, By Nitrogen Trifluoride (NF3) Application
10.4.6.2. Market Size and Forecast, By Fluorine Gas (F2) Application
10.4.7. Singapore
10.4.7.1. Market Size and Forecast, By Nitrogen Trifluoride (NF3) Application
10.4.7.2. Market Size and Forecast, By Fluorine Gas (F2) Application
10.4.8. Malaysia
10.4.8.1. Market Size and Forecast, By Nitrogen Trifluoride (NF3) Application
10.4.8.2. Market Size and Forecast, By Fluorine Gas (F2) Application
10.4.9. Rest of Asia
10.4.9.1. Market Size and Forecast, By Nitrogen Trifluoride (NF3) Application
10.4.9.2. Market Size and Forecast, By Fluorine Gas (F2) Application
11. Latin America Nitrogen Trifluoride and Fluorine Gas Market Analysis and Forecast (2023-2030)
11.1. Introduction
11.2. Latin America Nitrogen Trifluoride and Fluorine Gas Market Share Analysis, By Nitrogen Trifluoride (NF3) Application
11.3. Latin America Nitrogen Trifluoride and Fluorine Gas Market Share Analysis, By Fluorine Gas (F2) Application
11.4. Latin America Nitrogen Trifluoride and Fluorine Gas Market Size and Forecast, Country
11.4.1. Brazil
11.4.1.1. Market Size and Forecast, By Nitrogen Trifluoride (NF3) Application
11.4.1.2. Market Size and Forecast, By Fluorine Gas (F2) Application
11.4.2. Argentina
11.4.2.1. Market Size and Forecast, By Nitrogen Trifluoride (NF3) Application
11.4.2.2. Market Size and Forecast, By Fluorine Gas (F2) Application
11.4.3. Colombia
11.4.3.1. Market Size and Forecast, By Nitrogen Trifluoride (NF3) Application
11.4.3.2. Market Size and Forecast, By Fluorine Gas (F2) Application
11.4.4. Peru
11.4.4.1. Market Size and Forecast, By Nitrogen Trifluoride (NF3) Application
11.4.4.2. Market Size and Forecast, By Fluorine Gas (F2) Application
11.4.5. Chile
11.4.5.1. Market Size and Forecast, By Nitrogen Trifluoride (NF3) Application
11.4.5.2. Market Size and Forecast, By Fluorine Gas (F2) Application
11.4.6. Venezuela
11.4.6.1. Market Size and Forecast, By Nitrogen Trifluoride (NF3) Application
11.4.6.2. Market Size and Forecast, By Fluorine Gas (F2) Application
11.4.7. Rest of Latin America
11.4.7.1. Market Size and Forecast, By Nitrogen Trifluoride (NF3) Application
11.4.7.2. Market Size and Forecast, By Fluorine Gas (F2) Application
12. Middle East Nitrogen Trifluoride and Fluorine Gas Market Analysis and Forecast (2023-2030)
12.1. Introduction
12.2. Middle East Nitrogen Trifluoride and Fluorine Gas Market Share Analysis, By Nitrogen Trifluoride (NF3) Application
12.3. Middle East Nitrogen Trifluoride and Fluorine Gas Market Size and Forecast, By Fluorine Gas (F2) Application
12.4. Middle East Nitrogen Trifluoride and Fluorine Gas Market Size and Forecast, By Country
12.4.1. Saudi Arabia
12.4.1.1. Market Size and Forecast, By Nitrogen Trifluoride (NF3) Application
12.4.1.2. Market Size and Forecast, By Fluorine Gas (F2) Application
12.4.2. UAE
12.4.2.1. Market Size and Forecast, By Nitrogen Trifluoride (NF3) Application
12.4.2.2. Market Size and Forecast, By Fluorine Gas (F2) Application
12.4.3. Egypt
12.4.3.1. Market Size and Forecast, By Nitrogen Trifluoride (NF3) Application
12.4.3.2. Market Size and Forecast, By Fluorine Gas (F2) Application
12.4.4. Kuwait
12.4.4.1. Market Size and Forecast, By Nitrogen Trifluoride (NF3) Application
12.4.4.2. Market Size and Forecast, By Fluorine Gas (F2) Application
12.4.5. South Africa
12.4.5.1. Market Size and Forecast, By Nitrogen Trifluoride (NF3) Application
12.4.5.2. Market Size and Forecast, By Fluorine Gas (F2) Application
12.4.6. Rest of Middle East & Africa
12.4.6.1. Market Size and Forecast, By Nitrogen Trifluoride (NF3) Application
12.4.6.2. Market Size and Forecast, By Fluorine Gas (F2) Application
13. Competitive Analysis
13.1. Competition Dashboard
13.2. Market share Analysis of Top Vendors
13.3. Key Development Strategies
14. Company Profiles
14.1. Mitsui Chemicals Inc
14.1.1. Overview
14.1.2. Offerings
14.1.3. Key Financials
14.1.4. Business Segment & Geographic Overview
14.1.5. Key Market Developments
14.1.6. Key Strategies
14.2. American Gas Group.
14.2.1. Overview
14.2.2. Offerings
14.2.3. Key Financials
14.2.4. Business Segment & Geographic Overview
14.2.5. Key Market Developments
14.2.6. Key Strategies
14.3. Central Glass Co. Ltd
14.3.1. Overview
14.3.2. Offerings
14.3.3. Key Financials
14.3.4. Business Segment & Geographic Overview
14.3.5. Key Market Developments
14.3.6. Key Strategies
14.4. Formosa Plastics Corporation
14.4.1. Overview
14.4.2. Offerings
14.4.3. Key Financials
14.4.4. Business Segment & Geographic Overview
14.4.5. Key Market Developments
14.4.6. Key Strategies
14.5. Kanto Denka Kogyo Co. Ltd
14.5.1. Overview
14.5.2. Offerings
14.5.3. Key Financials
14.5.4. Business Segment & Geographic Overview
14.5.5. Key Market Developments
14.5.6. Key Strategies
14.6. Foosung Co. Ltd.
14.6.1. Overview
14.6.2. Offerings
14.6.3. Key Financials
14.6.4. Business Segment & Geographic Overview
14.6.5. Key Market Developments
14.6.6. Key Strategies
14.7. Hyosung Corporation.
14.7.1. Overview
14.7.2. Offerings
14.7.3. Key Financials
14.7.4. Business Segment & Geographic Overview
14.7.5. Key Market Developments
14.7.6. Key Strategies
14.8. Linde plc.
14.8.1. Overview
14.8.2. Offerings
14.8.3. Key Financials
14.8.4. Business Segment & Geographic Overview
14.8.5. Key Market Developments
14.8.6. Key Strategies
14.9. Navin Fluorine International Limited.
14.9.1. Overview
14.9.2. Offerings
14.9.3. Key Financials
14.9.4. Business Segment & Geographic Overview
14.9.5. Key Market Developments
14.9.6. Key Strategies
14.10. OCI COMPANY Ltd.
14.10.1. Overview
14.10.2. Offerings
14.10.3. Key Financials
14.10.4. Business Segment & Geographic Overview
14.10.5. Key Market Developments
14.10.6. Key Strategies
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