- Hydrochloric acid and ammonia react together to form NF3 – nitrogen trifluoride. F2 – fluorine gas is made from fluorapatite or fluorite. Two forms of F2 are uranium hexafluoride (UF6) and sulfur hexafluoride (SF6). By 2020, the global NF3 and F2 markets would reach USD 1,260 million and USD 17,500 million respectively.
For Market Research Report on “Nitrogen Trifluoride (NF3) and Fluorine Gas (F2) Market” Visit -http://www.grandviewresearch.com/industry-analysis/nf3-and-f2-market
NF3 is increasingly being preferred as a cleaning agent, due to its environmental effectiveness. Higher demand for thin film solar cells in the area of solar power generation will also drive market growth. Furthermore, growing Liquid Crystal Display (LCD) television market would have a positive impact as NF3 is used to clean the silicon wafers in PECVD – Plasma Enhanced Chemical Vapor Deposition present in LCDs.
However, the Kyoto Protocol has deemed NF3 the second-most GWP – Global Warming Potential gas, SF6 being the topmost. Recognition of the Kyoto Protocol by the U.S. and European countries may negatively impact NF3 demand. F2 being highly reactive, is toxic for humans in the instance of direct, prolonged exposure. This would deter growth of the F2 market.
The global NF3 and F2 market is segmented according to applications and geographies. Key application categories of NF3 are flat panel displays, semiconductor chips, and solar cells. Semiconductor chip, with 46% share in total volumes, was the largest application segment in 2013.
F2 is used in applications like electronic cleaning, uranium enrichment, and production of SF6. Uranium enrichment accounted for the largest market share in 2013. Apart from its role as a dielectric medium in electronic applications, SF6 finds use as a contrast agent for ultrasound imaging. It is also adopted as a tracer compound and casing medium for producing magnesium. Electronic cleaning would grow at the fastest rate i.e. at a CAGR 14% from 2014 to 2020. Rising demand for electronic devices would bring about this growth.
Asia Pacific was the largest regional market for both, NF3 and F2. Its share in total global volumes was 43% and 45% respectively. China and India will generate high demand for flat panel displays, thereby boosting NF3 market. Growing semiconductor industry in China, South Korea and Japan will also prove beneficial. Growth potential of nuclear power generation in India, Australia and China will create opportunities for F2 market.
Prominent market players are American Gas Group, Formosa Plastics, Mitsui Chemicals Inc., Central Glass Co. Ltd., Foosung Co. Ltd., and Linde Group.
Information Source: Grand View Research
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