By Application (Semiconductor, Flat Panel Display, LED, Solar PV Cells), Regional Outlook (U.S., Canada, Mexico, Germany, UK, Netherlands, Switzerland, China, Japan, South Korea, Singapore, Thailand, Malaysia)
Nitrogen Trifluoride, abbreviated as NF3, is an inflammable and colorless gas widely used in the semiconductor manufacturing industry. It also exhibits a corrosive and toxic nature that aids in the functional use that it is put through.
Nitrogen Trifluoride (NF3) Market size was estimated at $1,123 Million in 2022 and is expected to reach $2,436.3 Million by 2027, growing at a CAGR of 11.7% during the forecast period of 2020 to 2027.
Analysis by Application
According to the application areas, the four segments are Semiconductor, Flat Panel Display, LED, and Solar PV Cells.
The semiconductor segment is the undisputed king of the market in terms of the consumption of this gas. It has found widespread acclaim from industry experts in Semiconductors. Practically, Nitrogen Trifluoride is the cleaning agent of choice in the manufacturing space. It is simpler to operate, safe to transport, and is eco-friendly.
The Flat-Panel segment is likely to achieve double-digit growth owing to a surge in the demand for flat-panels in a host of retail and commercial applications. This gas enables a longer operational life of the manufacturing chambers and is thus a boon for Flat-panel manufacturing businesses.
Another interesting segment showing signs of massive growth are LEDs. It is estimated that the growing demand for LEDs as a light source is getting in investments for new businesses venturing into LED manufacturing. This surge in businesses will create an enhanced demand for Nitrogen Trifluoride and there wouldn’t be enough supply. This is tempting news for investors pooling their capital to provide Nitrogen Trifluoride as a commodity. An increase in trade volumes is on the cards.
Analysis by Region
The North American region has some of the world’s wealthiest middle-income groups. This will result in an increased demand for consumer electronics which will, in turn, augment the growth of the Nitrogen Trifluoride market. Higher per capita incomes in this region will be another reason for the increment in the market activity.
On the other side of the globe, the European Union will soon be in the midst of a largescale Semiconductor manufacturing regime. Special mention needs to be made for Germany, The United Kingdom, and The Netherlands. This region is being touted by most economic experts to perform at nearly double-digit growth rates.
The Asia-Pacific region will excel in the sheer quantity of Semiconductor and Flat-panel manufacturing activity. This is due to the resurgence of the middle class in this region. The regional leaders in this space would be China, Japan, and South Korea owing to their largescale deployment of manufacturing infrastructure.
Analysis by Leading companies
The world leaders in this industry are Mitsui Chemicals, OCI Materials, American Gas Group, Air Products and Chemicals Inc., Foosung Co, Hyosung Co, Linde AG, Navin Fluorine International, Central Glass Co, Formosa Plastics, Kanto Denga Kogyo Co Ltd (KDK), Daesung, Matheson, and BASF SE.
A crucial aspect of success in this field is to keep a water-tight vigil on the environmental impact of the gas. The production is a fairly generalized process but it is the government regulations that need to be adhered to for a successful revenue run.
Another vital key to success is forward-looking sales agreements of the gas with Semiconductor manufacturers in the region. These contracts will bring a lot of additional stability to cash flows for the manufacturers, thereby resulting in an increased share price valuation.
Finally, investment in suitable Human Resources is paramount in the complex supply chain of the industry. Leading companies are partnering with supply-chain experts to iron out all operational deficiencies, resulting in unparalleled business performance.
COVERAGE HIGHLIGHTS
● Market Revenue Estimation and Forecast (2022 – 2031)
● Market Production Estimation and Forecast (2022 – 2031)
● Market Sales/Consumption Volume Estimation and Forecast (2022 – 2031)
● Breakdown of Revenue by Segments (2022 – 2031)
● Breakdown of Production by Segments (2022 – 2031)
● Breakdown of Sales Volume by Segments (2022 – 2031)
● Gross Margin and Profitability Analysis of Companies
● Business Trend and Expansion Analysis
● Import and Export Analysis
● Regional Analysis and Market Data Breakdown
MARKET SEGMENTATION
By Application Outlook ($Revenue and Unit Sales, 2022-2031)
• Semiconductor
• Flat Panel Display
• LED
• Solar PV Cells
By Regional Outlook ($Revenue and Unit Sales, 2022-2031)
• U.S.
• Canada
• Mexico
• Germany
• UK
• Netherlands
• Switzerland
• China
• Japan
• South Korea
• Singapore
• Thailand
• Malaysia
Leading Companies
• Mitsui Chemicals
• OCI Materials
• American Gas Group
• Air Products and Chemicals Inc.
• Foosung Co
• Hyosung Co
• Linde AG
• Navin Fluorine International
• Central Glass Co
• Formosa Plastics
• Kanto Denga Kogyo Co Ltd (KDK)
• Ulsan Chemical Co
• Daesung
• Matheson
• BASF SE
• Anderson Development
• Praxair Technology Inc
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CHAPTER 1: INTRODUCTION
1.1. RESEARCH METHODOLOGY
1.1.1. Desk Research
1.1.2. Data Synthesis
1.1.3. Data Validation & Market Feedback
1.1.4. Data Sources
CHAPTER 2: EXECUTIVE SUMMARY
2.1. GLOBAL MARKET OUTLOOK
2.2. CORE INSIGHTS –DELIVERY MODEL
2.3. CORE INSIGHTS – NITROGEN TRIFLUORIDE (NF3)
2.4. CORE INSIGHTS – SERVICE PROVIDER
2.5. CORE INSIGHTS – GEOGRAPHY
CHAPTER 3: MARKET OVERVIEW
3.1. MARKET DEFINITION AND SCOPE
3.2. KEY FORCES SHAPING THE INDUSTRY
3.2.1. Bargaining Power of Suppliers
3.2.2. Bargaining Power of Buyers
3.2.3. Threat of Substitutes
3.2.4. Threat of New Entrants
3.3. MARKET DYNAMICS
3.3.1. Drivers
3.3.1.1. Supply-side Drivers
3.3.1.2. Demand-side Drivers
3.3.2. Restraints
3.3.3. Opportunities
3.4. INDUSTRY - ANALYSIS
3.4.1. Political Market
3.4.2. Environmental Market
3.4.3. Social Market
3.4.4. Technology Market
CHAPTER 4: MARKET BACKGROUND
4.1. Industry Value Chain Analysis
4.1.1. Upstream Participants
4.1.2. Downstream participants
4.2. Pricing Analysis and Forecast, 2019-2026
4.2.1. By Type
4.2.2. By Region
CHAPTER 5: NITROGEN TRIFLUORIDE (NF3) MARKET, BY APLICATION OUTLOOK
5.1. Overview
5.1.1. Market Revenue (US$ Million) and Forecast, 2019-2026
5.2. Semiconductor
5.2.1. Key Market Trends, Growth Factors and Opportunities
5.2.2. Market Revenue (US$ Million) and Forecast, By Region
5.3. Flat Panel Display
5.3.1. Key Market Trends, Growth Factors and Opportunities
5.3.2. Market Revenue (US$ Million) and Forecast, By Region
5.4. LED
5.4.1. Key Market Trends, Growth Factors and Opportunities
5.4.2. Market Revenue (US$ Million) and Forecast, By Region
5.5. Solar PV Cells
5.5.1. Key Market Trends, Growth Factors and Opportunities
5.5.2. Market Revenue (US$ Million) and Forecast, By Region
CHAPTER 6: NITROGEN TRIFLUORIDE (NF3) MARKET, BY GEOGRAPHY
6.1. Overview
6.2. North America
6.2.1. Key Market Trends, Growth Factors and Opportunities
6.2.2. Market Revenue and Forecast, By Delivery Model
6.2.3. Market Revenue and Forecast, By Agriculture Type
6.2.4. Market Revenue and Forecast, By Service Provider
6.2.5. Market Revenue and Forecast, By Country
6.2.6. U.S.
6.2.6.1. Market Revenue and Forecast
6.2.7. Canada
6.2.7.1. Market Revenue and Forecast
6.2.8. Mexico
6.2.8.1. Market Revenue and Forecast
6.3. Europe
6.3.1. Market Revenue and Forecast, By Delivery Model
6.3.2. Market Revenue and Forecast, By Agriculture Type
6.3.3. Market Revenue and Forecast, By Service Provider
6.3.4. Market Revenue and Forecast, By Country
6.3.5. Germany
6.3.5.1. Market Revenue and Forecast
6.3.6. UK
6.3.6.1. Market Revenue and Forecast
6.3.7. France
6.3.7.1. Market Revenue and Forecast
6.3.8. Italy
6.3.8.1. Market Revenue and Forecast
6.3.9. Spain
6.3.9.1. Market Revenue and Forecast
6.3.10. Poland
6.3.10.1. Market Revenue and Forecast
6.3.11. Austrai
6.3.11.1. Market Revenue and Forecast
6.3.12. Luxembourg
6.3.12.1. Market Revenue and Forecast
6.3.13. Rest of Europe
6.3.13.1. Market Revenue and Forecast
6.4. Asia-Pacific
6.4.1. Market Revenue and Forecast, By Delivery Model
6.4.2. Market Revenue and Forecast, By Agriculture Type
6.4.3. Market Revenue and Forecast, By Service Provider
6.4.4. Market Revenue and Forecast, By Country
6.4.5. China
6.4.5.1. Market Revenue and Forecast
6.4.6. India
6.4.6.1. Market Revenue and Forecast
6.4.7. Japan
6.4.7.1. Market Revenue and Forecast
6.4.8. South Korea
6.4.8.1. Market Revenue and Forecast
6.4.9. Rest of APAC
6.4.9.1. Market Revenue and Forecast
6.5. REST OF THE WORLD
6.5.1. Market Revenue and Forecast, By Delivery Model
6.5.2. Market Revenue and Forecast, By Agriculture Type
6.5.3. Market Revenue and Forecast, By Service Provider
6.5.4. Market Revenue and Forecast, By Country
6.5.5. Latin America
6.5.5.1. Market Revenue and Forecast
6.5.6. Middle East
6.5.6.1. Market Revenue and Forecast
6.5.7. Africa
6.5.7.1. Market Revenue and Forecast
CHAPTER 7: COMPANY PROFILES
7.1. Airbus S.A.S
7.1.1. Company Overview
7.1.2. Financial Performance
7.1.3. SWOT Analysis
7.2. Aviation Industry Corporation of China Ltd. (AVIC)
7.2.1. Company Overview
7.2.2. Financial Performance
7.2.3. SWOT Analysis
7.3. Astronics Corporation
7.3.1. Company Overview
7.3.2. Financial Performance
7.3.3. SWOT Analysis
7.4. Boeing
7.4.1. Company Overview
7.4.2. Financial Performance
7.4.3. SWOT Analysis
7.5. Ball Corporation
7.5.1. Company Overview
7.5.2. Financial Performance
7.5.3. SWOT Analysis
7.6. BAE Systems
7.6.1. Company Overview
7.6.2. Financial Performance
7.6.3. SWOT Analysis
7.7. Cobham plc
7.7.1. Company Overview
7.7.2. Financial Performance
7.7.3. SWOT Analysis
7.8. Curtiss Wright
7.8.1. Company Overview
7.8.2. Financial Performance
7.8.3. SWOT Analysis
7.9. Elbit System
7.9.1. Company Overview
7.9.2. Financial Performance
7.9.3. SWOT Analysis
7.10. Gramin Ltd
7.10.1. Company Overview
7.10.2. Financial Performance
7.10.3. SWOT Analysis
7.11. GE Aviation
7.11.1. Company Overview
7.11.2. Financial Performance
7.11.3. SWOT Analysis
7.12. Harris Corporation
7.12.1. Company Overview
7.12.2. Financial Performance
7.12.3. SWOT Analysis
7.13. Honeywell International Inc.
7.13.1. Company Overview
7.13.2. Financial Performance
7.13.3. SWOT Analysis
7.14. Lockheed Martin Corporation
7.14.1. Company Overview
7.14.2. Financial Performance
7.14.3. SWOT Analysis
7.15. L3 Harris Corporation
7.15.1. Company Overview
7.15.2. Financial Performance
7.15.3. SWOT Analysis
7.16. Meggitt PLC
7.16.1. Company Overview
7.16.2. Financial Performance
7.16.3. SWOT Analysis
7.17. Northrop Grumman Corporation
7.17.1. Company Overview
7.17.2. Financial Performance
7.17.3. SWOT Analysis
7.18. Nucon Aerospace
7.18.1. Company Overview
7.18.2. Financial Performance
7.18.3. SWOT Analysis
7.19. Panasonic Corporation
7.19.1. Company Overview
7.19.2. Financial Performance
7.19.3. SWOT Analysis
7.20. Rolls Royce
7.20.1. Company Overview
7.20.2. Financial Performance
7.20.3. SWOT Analysis
7.21. Raytheon Company
7.21.1. Company Overview
7.21.2. Financial Performance
7.21.3. SWOT Analysis
7.22. Saab AB
7.22.1. Company Overview
7.22.2. Financial Performance
7.22.3. SWOT Analysis
7.23. Safran
7.23.1. Company Overview
7.23.2. Financial Performance
7.23.3. SWOT Analysis
7.24. Thales Group
7.24.1. Company Overview
7.24.2. Financial Performance
7.24.3. SWOT Analysis
7.25. Teledyne Technologies Inc.
7.25.1. Company Overview
7.25.2. Financial Performance
7.25.3. SWOT Analysis
7.26. Transdigm Group Inc.
7.26.1. Company Overview
7.26.2. Financial Performance
7.26.3. SWOT Analysis
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