삼불화질소 및 불소 가스 시장 : 현황 분석과 예측(2024-2032년)

The Nitrogen Trifluoride & Fluorine Gas Market is expected to grow at a steady rate of around 3.03% owing to raise demand in electronics industry specifically in semiconductor, solar panel and flat panel display. NF3 and fluorine gas provide high efficiency with fewer residues and the gases can be adopted in efficient manufacturing technologies. This is because major electronic companies are using NF3 and fluorine gas to increase productivity and avail a rising demand in the market of consumer electronics.

Moreover, the strict environmental standard violated on emissions from products production process that include the use of NF3 and fluorine gas due to their low GWP as compared to other cleaning agents. The use of NF3 and fluorine gases were highlighted by the International Energy Agency (IEA) as being key in curtailing process emissions in semiconductor manufacturing that helped achieve a 15% reduction in CO2 equivalent emissions in 2023.

Based on type, the market is bifurcated into nitrogen fluoride and fluorine gas. The nitrogen fluoride segment held a significant share of the market in 2023, owing to its extensive usage in the semiconductor manufacturing process, especially in plasma etching and chamber cleaning applications. Additionally, the segment dominance is further supported by the global shortage of semiconductors globally. This led to a high investment by companies in semiconductors globally, especially in the Asia Pacific region. For instance, in 2024, China's most ambitious project called "Made in China" which supports the manufacturing industry of China. The country is doubling down on its plan to dominate advanced technologies of the future by setting up its largest-ever semiconductor state investment fund. The country pushed an additional investment of USD 47.5 billion to support the semiconductor industry. Therefore, this has created an immense demand for nitrogen trifluoride. Furthermore, the segment growth is also supported by the expansion of electric vehicles and the solar panel industry and the growing demand for advanced electronics in 5G technology.

Based on the application, the market is segmented into electronics and chemicals. The electronics segment dominated the market and is expected to experience significant growth in the forecast period. The electronics segment has been the most prominent consumer for NF3 and F2 due to the escalating demand for semiconductor wafers, OLED panels, and integrated circuits. The expansion of OLED display output, promotions in wafer manufacturing, and solar power have elevated consumption of NF3 and F2. Secondly, the advanced countries' demand for memory manufacturing is increasing with the development of new memories, and semiconductor manufacturing in Asian-Pacific emerging markets including China Taiwan, and South Korea has developed rapidly further enhancing the demand. For instance, in 2024, China set the world record for the very first time in developing and producing of 28nm embedded RRAM image quality adjustment chip and the world's first 16-bit quantum bit semiconductor microprocessor chip. Therefore, with the increasing production of semiconductors, the demand for Nitrogen Trifluoride and Fluorine Gas ramped up and is expected to behave in the same fashion in the forecast period.

For a better understanding of the market adoption of Nitrogen Trifluoride & Fluorine Gas, the market is analyzed based on its worldwide presence in countries such as North America (The US, Canada, and the Rest of North America), Europe (Germany, The UK, France, Spain, Italy, Rest of Europe), Asia-Pacific (China, Japan, India, Rest of Asia-Pacific), Rest of World. Asia Pacific held the majority share of the market in the year 2023. The major factors contributing to the growth of the market include the region's robust semiconductor manufacturing ecosystem, expansion of electronics manufacturing, supportive government initiatives, and the expansion of EVs. China is the manufacturing hub of electronics and semiconductors, and the country aims to produce 70% of semiconductor chips consumed globally by 2025. Therefore, the demand for nitrogen fluoride and fluorine gas is expected to increase in the forecast as it is essential in semiconductor manufacturing. Furthermore, countries such as South Korea and Taiwan are the home of major electronics and device manufacturing companies such as Samsung, SK Hynix, and others that have invested a hefty amount in research and development. For example, the ongoing expansion of 3nm and 2nm chip production facilities in Taiwan drives significant demand for NF3 and fluorine gases. Government initiatives led by countries such as China and India have also attracted the attention of companies to invest in the region. For instance, in 2024, The Indian government announced a USD 10 billion investment in the semiconductor and display manufacturing ecosystem. Thus, amongst areas, Asia Pacific held a significant share of the market in the year 2023.

Some of the major players operating in the market include Mitsui Chemicals, Inc., Air Products and Chemicals, Inc., Linde PLC, American Gas Products, Solvay, Kanto Denka Kogyo Co., Ltd., HYOSUNG CHEMICAL, SK materials Co., Ltd., Navin Fluorine International Limited, and Taiyo Nippon Sanso Corporation.

TABLE OF CONTENTS

1.MARKET INTRODUCTION

• 1.1. Market Definitions
• 1.2. Main Objective
• 1.3. Stakeholders
• 1.4. Limitation

2.RESEARCH METHODOLOGY OR ASSUMPTION

• 2.1. Research Process of the Nitrogen Trifluoride & Fluorine Gas Market
• 2.2. Research Methodology of the Nitrogen Trifluoride & Fluorine Gas Market
• 2.3. Respondent Profile

3.EXECUTIVE SUMMARY

• 3.1. Industry Synopsis
• 3.2. Segmental Outlook
  • 3.2.1. Market Growth Intensity
• 3.3. Regional Outlook

4.MARKET DYNAMICS

• 4.1. Drivers
• 4.2. Opportunity
• 4.3. Restraints
• 4.4. Trends
• 4.5. PESTEL Analysis
• 4.6. Demand Side Analysis
• 4.7. Supply Side Analysis
  • 4.7.1. Merger & Acquisition
  • 4.7.2. Investment Scenario
  • 4.7.3. Industry Insights: Leading Startups and Their Unique Strategies

5.PRICING ANALYSIS

• 5.1. Regional Pricing Analysis
• 5.2. Price Influencing Factors

6.GLOBAL NITROGEN TRIFLUORIDE & FLUORINE GAS MARKET REVENUE (USD MN), 2022-2032F

7.MARKET INSIGHTS BY TYPE

• 7.1. Nitrogen Trifluoride
• 7.2. Fluorine Gas

8.MARKET INSIGHTS BY APPLICATION

• 8.1. Electronics
• 8.2. Chemicals

9.MARKET INSIGHTS BY REGION

• 9.1. North America
  • 9.1.1. U.S.
  • 9.1.2. Canada
  • 9.1.3. Rest of North America
• 9.2. Europe
  • 9.2.1. Germany
  • 9.2.2. U.K.
  • 9.2.3. France
  • 9.2.4. Italy
  • 9.2.5. Spain
  • 9.2.6. Rest of Europe
• 9.3. Asia-Pacific
  • 9.3.1. China
  • 9.3.2. Japan
  • 9.3.3. India
  • 9.3.4. Rest of Asia-Pacific
• 9.4. Rest of World

10.VALUE CHAIN ANALYSIS

• 10.1. List of Market Participants

11.COMPETITIVE LANDSCAPE

• 11.1. Competition Dashboard
• 11.2. Competitor Market Positioning Analysis
• 11.3. Porter Five Forces Analysis

12.COMPANY PROFILES

• 12.1. Mitsui Chemicals, Inc.
  • 12.1.1. Company Overview
  • 12.1.2. Key Financials
  • 12.1.3. SWOT Analysis
  • 12.1.4. Product Portfolio
  • 12.1.5. Recent Developments
• 12.2. Air Products and Chemicals, Inc.
• 12.3. Linde PLC
• 12.4. American Gas Products
• 12.5. Solvay
• 12.6. Kanto Denka Kogyo Co., Ltd.
• 12.7. HYOSUNG CHEMICAL
• 12.8. SK materials Co., Ltd.
• 12.9. Navin Fluorine International Limited
• 12.10. Taiyo Nippon Sanso Corporation

13.ACRONYMS & ASSUMPTION

14.ANNEXURE