Nitrogen Trifluoride (Nf3) & Fluorine Gas (F2) Market Analysis, Market Size, Share, Regional Outlook, Growth, Trends, Competitive Scenario and Segment Forecasts, 2012 to 2020

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Hexa Research Inc.

Industry Research,Custom Research & Consulting

Nitrogen Trifluoride (NF3) & Fluorine Gas (F2) Market

Analysis, Market Size, Share, Regional Outlook,

Growth,Trends, Competitive Scenario And Segment

Forecasts, 2012 To 2020

Industry Insights

Nitrogen Trifluoride (NF3) market is expected to reach over USD 1.20 billion by 2020 owing to growing

demand in electrical & electronics applications. NF3 is used as a cleansing agent for silicon wafers in

solar energy appliances and semiconductors which are expected to drive demand over the forecast

period.

NF3 is considered a better cleansing agent in comparison to other agents such as perfluorocarbons,

sulfur hexafluoride and hexafluroethane due to environmental effectiveness and eco-friendly

properties. The Kyoto Protocol has listed NF3 as the second most global warming potential gas after SF6

and included it in the list for second commitment period after 2012.

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Hexa Research Inc.

Industry Research,Custom Research & Consulting

The acceptance of Kyoto Protocol by the U.S. and European nations is expected to be a major restraint

for NF3 market growth over the forecast period. Major restraints for F2 market is high reactivity making

it toxic for human beings in case of prolonged or direct exposure.

Application Insights

NF3 is mainly used in manufacturing of flat panel displays, semiconductor chips and solar cells. With

increasing environmental concern and lucrative policies implemented by government for installation of

solar power units, there is a drastic increase in solar panel demand. NF3 demand is expected to rise over

the forecast period due to application in solar cells. NF3 is used in flat panel display and is expected to

be the fastest growing application with a CAGR of about 13% from 2014 to 2020. With increasing

demand of flat panel display due to less power consumption and...