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Nitrogen Trifluoride (NF3) Market Trends

Report ID: GMI4340
Published Date: Sep 2024
Report Format: PDF

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Nitrogen Trifluoride Market Trends

Benefits associated with NF3 such as reliability, safety, highest quality, advantages of relative ease of use at ambient conditions along with the ability to act as a fluorinating agent offers NF3 an advantage over other electronic special gases. As a result, the gas has gained commercial acceptance in electronics industry for its use in thermal and plasma cleaning applications owing to its advantages such as high etch rates, carbon-free etching, high selectivity, and minimal residual contamination, thereby driving the growth of nf3 industry.

Nitrogen trifluoride is increasingly used as a fluorine source in high-energy chemical lasers, on account of its ease of use as compared to fluorine gas. In addition, it is used as an intermediate in the production of specialized chemicals, fluorinating agent and as a gas in lamp which is projected to propel the market.

Authors: Kiran Pulidindi , Manish Verma

Frequently Asked Questions (FAQ) :

Nitrogen trifluoride market size was USD 1.68 billion in 2023 and is expected to register 11.7% CAGR from 2024-2032 due to rising (NF3) demand, primarily used in a semiconductor, flat panel display, LED and solar PV cell industries as a chamber cleaning gas worldwide.

Nitrogen trifluoride industry from the semiconductor segment is expected to register 11.3% CAGR from 2024-2032 due to their increasing usage in clean process chambers.

North America nitrogen trifluoride (NF3) industry is expected to register 10.8% CAGR through 2024-2032 due to well-established semiconductor, LED and solar PV cell manufacturing industries in the region.

Linde, Air Liquid, KANTO CHEMICAL CO., INC., Sumitomo Seika Chemicals Company, Honeywell International Inc., Showa Denko K.K., Shanghai Huayi Fine Chemical Co., Ltd., Linde Gas, and Taiyo Nippon Sanso Corporation, are some of the major nitrogen trifluoride (NF3) companies worldwide.