Nitrogen trifluoride Market Size, Share, 2019 Global Industry Growth, Trends and 2023 Forecasts Report


Posted August 28, 2019 by Rishab

Nitrogen Trifluoride Market Information: by packaging type (ton cylinder, ISO containers, bundles, 47L cylinder), application (semiconductors, flat panel display, solar cell), and region – Global Forecast to 2027
 
Competitive Dashboard:

Nitrogen Trifluoride Market are Mitsui Chemicals, Inc., SK MATERIALS CO, LTD, FOOSUNG Group, HYOSUNG, The Linde Group, Navin Fluorine International Limited, Praxair Technology, Inc., Central Glass Co., Ltd., Formosa Plastics Corporation, Kanto Denka Kogyo Co., Ltd., Ulsan Chemical Co., Ltd., Air Products and Chemicals Inc.

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Market Overview:

Nitrogen trifluoride is an inorganic compound, known by the chemical formula NF3. It is a colorless, odorless, non-flammable, and oxidizing compressed gas as well as toxic and non-corrosive. Under ambient conditions, it offers various advantages such as chemical stability and low water solubility. Additionally, it does not react with steel, monel, and plastics up to 2500C and does not violently react with hydrocarbons up to 3500C. Thus, it is safe gas to transport, store, and deliver to customers. It is 2.5 times heavier than air and tends to settle in low-lying areas.

The major application of nitrogen trifluoride is etching, it is a process used to remove unwanted impurities from the surfaces. Furthermore, it offers several benefits over alternative cleaning agents such as high etch rates, high selectivity, carbon-free etching, and minimal residual contamination. Nitrogen trifluoride market is concentrated for electronics industry. In electronics industry, it is widely used in the manufacturing of semiconductor, flat panel displays, solar cells and solar panel. Owing to these properties, it is used to clean manufacturing chamber of silicon chips/silicon wafers in the semiconductor industry. Moreover, it is used for cleaning CVD (Chemical Vapor Deposition) chambers where large volumes of flat panel displays are manufactured to be used in laptops, mobile phones, digital cameras, camcorders, point-and-shoot cameras, pocket video cameras and LED televisions. Nitrogen trifluoride in plasma form is used to etch surfaces and chambers in electronics industries.

Regions:

The regional analysis comprises of North America, Europe, Asia pacific, Middle East & Africa, and Latin America. Asia-Pacific is one of the leading region for the global nitrogen trifluoride market followed by North America and Europe. The growing consumer electronics market and semiconductors industries in Japan, China, and South Korea are driving the nitrogen trifluoride market in this region. However, rapid industrialization due to lucrative government schemes for FDI as well as digital India initiative is expected to boost the nitrogen trifluoride market in India.

Apart from this, economic growth and lifestyle changes is expected to further increase demand for consumer electronics which is further expected to expand nitrogen trifluoride market in India. North America and Europe is expected to be affected due to stringent rules and regulations by the government.

Segments:

The Global Nitrogen Trifluoride Market is segmented based on the type of packaging and application.

Based on the application, the global nitrogen trifluoride market is segmented into semiconductor, flat panel displays, and solar cells. The semiconductor chip accounted to be the largest application segment in 2016 and it expected to remain so in the forecast period. Flat panel display is expected to be the fastest growing application of nitrogen trifluoride market, owing to less power consumption and compact size. Solar cells application is expected to rise in the forecast year owing to lucrative government initiatives and rising demand for green energy.

Intended Audiences:

Nitrogen trifluoride market manufacturers
Traders and distributors of nitrogen trifluoride
Production process industries
Potential investors
Raw material suppliers
Nationalized laboratory
Table Of Contents

1 Executive Summary

2 Scope Of The Report

3 Market Research Methodology

Continued. . .
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Last Updated August 28, 2019