(MENAFN- PR Newswire) NEW YORK, April 14, 2023 /PRNewswire/ -- The chlorine trifluoride market
size is set to grow by USD 11.73 million from 2022
to 2027, progressing at a CAGR of
4.31% during the forecast period. The increasing demand for UF6 is notably driving the market growth, although factors such as the toxicity of chlorine trifluoride
may impede the
market growth.
Make informed business decisions based on qualitative and quantitative evidence highlighted in Technavio reports.
view a sample report ! The chlorine trifluoride market covers the following areas:
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![Technavio has announced its latest market research report titled Global Chlorine Trifluoride Market 2023-2027]( "Technavio has announced its latest market research report titled Global Chlorine Trifluoride Market 2023-2027")
Technavio has announced its latest market research report titled Global Chlorine Trifluoride Market 2023-2027
chlorine trifluoride market sizing
chlorine trifluoride market forecast
chlorine trifluoride market analysis
Vendor Landscape
The chlorine trifluoride market is concentrated and the vendors are deploying organic and inorganic
growth strategies to compete in the market.
Companies Mentioned
Air Liquide SA Awishkar Chemicals Industries Central Glass Co. Ltd. Inhance Technologies LLC Iwatani Corp. Kanto Denka Kogyo Co. Ltd. Linde Plc Merck KGaA Mitsubishi Chemical Corp.
Vendor Offerings
Air Liquide SA -
The company offers chlorine trifluoride in a compressed form. Awishkar Chemicals Industries -
The company offers chlorine trifluoride in white powder form.
Central Glass Co. Ltd. -
The company offers chlorine trifluoride, which is used as a cleaning gas for semiconductor
manufacturing equipment.
For market's vendor landscape highlights with a comprehensive list of vendors and their
offerings - view a sample pdf report now !
Key Market Segmentation
This
chlorine trifluoride market report extensively covers
market segmentation by application (semiconductor manufacturing, rocket propellant systems, and others), material (gas, liquid, and solid), and geography (APAC, North America, Europe, South America, and Middle East and Africa).
The market share growth by the
semiconductor manufacturing segment
will be significant for the market growth during the forecast period. The growth of the segment can be attributed to factors such as the
rising popularity of smartphones as a key component of consumer electronics. The
demand for chlorine trifluoride (cleaning gas) will increase as a result of the rising semiconductor manufacturing demand during the forecast period.
The demand for semiconductor devices such as
switches, amplifiers, and power transistors
also rises
as a result of the rising demand for 5G technology in the communication sector.
view a sample report for more highlights of the various market segments.
Regional Market Outlook
APAC
is estimated to account for 57% of the global market growth during the forecast period. An
increase in automotive manufacturers' presence,
rapid urbanization, steady economic growth, and rising demand for high-tech vehicles can be observed in the region. Additionally,
the presence of both international and local vendors as well as the rising demand for semiconductors from the aerospace, electronics, and other end-user industries in developing nations such as China and India are the main factors promoting the growth of the chlorine trifluoride (CIF3) market in APAC. Moreover, nations such as India, China, South Korea, and Japan are consistently increasing their defense budgets. Hence,
it is anticipated that the growing demand for semiconductor equipment from the armed forces of various nations in APAC will have an impact on the development of aerostat systems.
F or more key highlights on the regional market share of most of the above-mentioned
countries, buy now!
Market Analysis
Emerging Trends
An emerging market trend that is expected to have a positive impact on market growth is the
increase in chlorine trifluoride utilization
in numerous military applications. Due to its high reactivity and high energy output, chlorine trifluoride is an excellent rocket and missile propellant. Moreover,
it is a good choice for military applications, as it can easily
ignite fuels
that are challenging to ignite, such as
hydrazine. In addition,
a variety of materials used in military applications, including ceramics and composites, are produced using chlorine trifluoride. Hence,
such factors are expected to boost the growth of the global CIF3 market during the forecast period.
Key Challenges
A major challenge hampering the CIF3 market growth is the
toxicity of chlorine trifluoride. Chlorine trifluoride is a liquefied compressed gas that is highly toxic, corrosive, and packaged in cylinders, and the amount of chlorine present and the frequency of exposure determine the effects of chlorine trifluoride on human health.
The impact varies depending on a person's health or the state of the environment at the time of exposure, and chlorine trifluoride has negative effects on the human respiratory system when inhaled in small amounts for brief periods of time. Such
effects can include coughing, chest pain, and lung water retention. Hence,
the toxicity of chlorine fluoride will result in challenges in its storage and operations, which, in turn, will negatively impact the CIF3
market
during the forecast period.
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| Chlorine Trifluoride Market Scope |
| Report Coverage | Details |
| Base year | 2022 |
| Historic period | 2017-2021 |
| Forecast period | 2023-2027 |
| Growth momentum & CAGR | Accelerate at a CAGR of 4.31% |
| Market growth 2023-2027 | USD 11.73 million |
| Market structure | Concentrated |
| YoY growth 2022-2023 (%) | 3.55 |
| Regional analysis | APAC, North America, Europe, South America, and Middle East and Africa |
| Performing market contribution | APAC at 57% |
| Key countries | US, China, South Korea, India, and Germany |
| Competitive landscape | Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks |
| Key companies profiled | Air Liquide SA, Awishkar Chemicals Industries, Central Glass Co. Ltd., Inhance Technologies LLC, Iwatani Corp., Kanto Denka Kogyo Co. Ltd., Linde Plc, Merck KGaA, and Mitsubishi Chemical Corp. |
| Market dynamics | Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period |
| Customization purview | If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Browse for Technavio's materials Reports
Key Topics Covered:
1 Executive Summary
1.1 Market overview Exhibit 01: Executive Summary – Chart on Market Overview Exhibit 02: Executive Summary – Data Table on Market Overview Exhibit 03: Executive Summary – Chart on Global Market Characteristics Exhibit 04: Executive Summary – Chart on Market by Geography Exhibit 05: Executive Summary – Chart on Market Segmentation by Application Exhibit 06: Executive Summary – Chart on Market Segmentation by Material Exhibit 07: Executive Summary – Chart on Incremental Growth Exhibit 08: Executive Summary – Data Table on Incremental Growth Exhibit 09: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
2.1 Market ecosystem Exhibit 10: Parent market Exhibit 11: Market Characteristics
3 Market Sizing
3.1 Market definition Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.4 Market outlook: Forecast for 2022-2027
Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million) Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million) Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%) Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)
4 Historic Market Size
4.1 Global chlorine trifluoride market 2017 - 2021
Exhibit 18: Historic Market Size – Data Table on Global chlorine trifluoride market 2017 - 2021 ($ million)
4.2 Application Segment Analysis 2017 - 2021
Exhibit 19: Historic Market Size – Application Segment 2017 - 2021 ($ million)
4.3 Material Segment Analysis 2017 - 2021
Exhibit 20: Historic Market Size – Material Segment 2017 - 2021 ($ million)
4.4 Geography Segment Analysis 2017 - 2021
Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)
4.5 Country Segment Analysis 2017 - 2021
Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)
5 Five Forces Analysis
5.1 Five forces summary Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
5.2 Bargaining power of buyers
Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
5.3 Bargaining power of suppliers
Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
5.4 Threat of new entrants
Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
5.5 Threat of substitutes
Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
5.6 Threat of rivalry Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
5.7 Market condition Exhibit 29: Chart on Market condition - Five forces 2022 and 2027
6 Market Segmentation by Application
6.1 Market segments Exhibit 30: Chart on Application - Market share 2022-2027 (%) Exhibit 31: Data Table on Application - Market share 2022-2027 (%)
6.2 Comparison by Application
Exhibit 32: Chart on Comparison by Application Exhibit 33: Data Table on Comparison by Application
6.3 Semiconductor manufacturing - Market size and forecast 2022-2027
Exhibit 34: Chart on Semiconductor manufacturing - Market size and forecast 2022-2027 ($ million) Exhibit 35: Data Table on Semiconductor manufacturing - Market size and forecast 2022-2027 ($ million) Exhibit 36: Chart on Semiconductor manufacturing - Year-over-year growth 2022-2027 (%) Exhibit 37: Data Table on Semiconductor manufacturing - Year-over-year growth 2022-2027 (%)
6.4 Rocket propellant systems - Market size and forecast 2022-2027
Exhibit 38: Chart on Rocket propellant systems - Market size and forecast 2022-2027 ($ million) Exhibit 39: Data Table on Rocket propellant systems - Market size and forecast 2022-2027 ($ million) Exhibit 40: Chart on Rocket propellant systems - Year-over-year growth 2022-2027 (%) Exhibit 41: Data Table on Rocket propellant systems - Year-over-year growth 2022-2027 (%)
6.5 Others - Market size and forecast 2022-2027
Exhibit 42: Chart on Others - Market size and forecast 2022-2027 ($ million) Exhibit 43: Data Table on Others - Market size and forecast 2022-2027 ($ million) Exhibit 44: Chart on Others - Year-over-year growth 2022-2027 (%) Exhibit 45: Data Table on Others - Year-over-year growth 2022-2027 (%)
6.6 Market opportunity by Application
Exhibit 46: Market opportunity by Application ($ million) Exhibit 47: Data Table on Market opportunity by Application ($ million)
7 Market Segmentation by Material
7.1 Market segments Exhibit 48: Chart on Material - Market share 2022-2027 (%) Exhibit 49: Data Table on Material - Market share 2022-2027 (%)
7.2 Comparison by Material
Exhibit 50: Chart on Comparison by Material Exhibit 51: Data Table on Comparison by Material
7.3 Gas - Market size and forecast 2022-2027
Exhibit 52: Chart on Gas - Market size and forecast 2022-2027 ($ million) Exhibit 53: Data Table on Gas - Market size and forecast 2022-2027 ($ million) Exhibit 54: Chart on Gas - Year-over-year growth 2022-2027 (%) Exhibit 55: Data Table on Gas - Year-over-year growth 2022-2027 (%)
7.4 Liquid - Market size and forecast 2022-2027
Exhibit 56: Chart on Liquid - Market size and forecast 2022-2027 ($ million) Exhibit 57: Data Table on Liquid - Market size and forecast 2022-2027 ($ million) Exhibit 58: Chart on Liquid - Year-over-year growth 2022-2027 (%) Exhibit 59: Data Table on Liquid - Year-over-year growth 2022-2027 (%)
7.5 Solid - Market size and forecast 2022-2027
Exhibit 60: Chart on Solid - Market size and forecast 2022-2027 ($ million) Exhibit 61: Data Table on Solid - Market size and forecast 2022-2027 ($ million) Exhibit 62: Chart on Solid - Year-over-year growth 2022-2027 (%) Exhibit 63: Data Table on Solid - Year-over-year growth 2022-2027 (%)
7.6 Market opportunity by Material
Exhibit 64: Market opportunity by Material ($ million) Exhibit 65: Data Table on Market opportunity by Material ($ million)
8 Customer Landscape
8.1 Customer landscape overview
Exhibit 66: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
9.1 Geographic segmentation
Exhibit 67: Chart on Market share by geography 2022-2027 (%) Exhibit 68: Data Table on Market share by geography 2022-2027 (%)
9.2 Geographic comparison
Exhibit 69: Chart on Geographic comparison Exhibit 70: Data Table on Geographic comparison
9.3 APAC - Market size and forecast 2022-2027
Exhibit 71: Chart on APAC - Market size and forecast 2022-2027 ($ million) Exhibit 72: Data Table on APAC - Market size and forecast 2022-2027 ($ million) Exhibit 73: Chart on APAC - Year-over-year growth 2022-2027 (%) Exhibit 74: Data Table on APAC - Year-over-year growth 2022-2027 (%)
9.4 North America - Market size and forecast 2022-2027
Exhibit 75: Chart on North America - Market size and forecast 2022-2027 ($ million) Exhibit 76: Data Table on North America - Market size and forecast 2022-2027 ($ million) Exhibit 77: Chart on North America - Year-over-year growth 2022-2027 (%) Exhibit 78: Data Table on North America - Year-over-year growth 2022-2027 (%)
9.5 Europe - Market size and forecast 2022-2027
Exhibit 79: Chart on Europe - Market size and forecast 2022-2027 ($ million) Exhibit 80: Data Table on Europe - Market size and forecast 2022-2027 ($ million) Exhibit 81: Chart on Europe - Year-over-year growth 2022-2027 (%) Exhibit 82: Data Table on Europe - Year-over-year growth 2022-2027 (%)
9.6 South America - Market size and forecast 2022-2027
Exhibit 83: Chart on South America - Market size and forecast 2022-2027 ($ million) Exhibit 84: Data Table on South America - Market size and forecast 2022-2027 ($ million) Exhibit 85: Chart on South America - Year-over-year growth 2022-2027 (%) Exhibit 86: Data Table on South America - Year-over-year growth 2022-2027 (%)
9.7 Middle East and Africa - Market size and forecast 2022-2027
Exhibit 87: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million) Exhibit 88: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million) Exhibit 89: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%) Exhibit 90: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
9.8 China - Market size and forecast 2022-2027
Exhibit 91: Chart on China - Market size and forecast 2022-2027 ($ million) Exhibit 92: Data Table on China - Market size and forecast 2022-2027 ($ million) Exhibit 93: Chart on China - Year-over-year growth 2022-2027 (%) Exhibit 94: Data Table on China - Year-over-year growth 2022-2027 (%)
9.9 US - Market size and forecast 2022-2027
Exhibit 95: Chart on US - Market size and forecast 2022-2027 ($ million) Exhibit 96: Data Table on US - Market size and forecast 2022-2027 ($ million) Exhibit 97: Chart on US - Year-over-year growth 2022-2027 (%) Exhibit 98: Data Table on US - Year-over-year growth 2022-2027 (%)
9.10 South Korea - Market size and forecast 2022-2027
Exhibit 99: Chart on South Korea - Market size and forecast 2022-2027 ($ million) Exhibit 100: Data Table on South Korea - Market size and forecast 2022-2027 ($ million) Exhibit 101: Chart on South Korea - Year-over-year growth 2022-2027 (%) Exhibit 102: Data Table on South Korea - Year-over-year growth 2022-2027 (%)
9.11 Germany - Market size and forecast 2022-2027
Exhibit 103: Chart on Germany - Market size and forecast 2022-2027 ($ million) Exhibit 104: Data Table on Germany - Market size and forecast 2022-2027 ($ million) Exhibit 105: Chart on Germany - Year-over-year growth 2022-2027 (%) Exhibit 106: Data Table on Germany - Year-over-year growth 2022-2027 (%)
9.12 India - Market size and forecast 2022-2027
Exhibit 107: Chart on India - Market size and forecast 2022-2027 ($ million) Exhibit 108: Data Table on India - Market size and forecast 2022-2027 ($ million) Exhibit 109: Chart on India - Year-over-year growth 2022-2027 (%) Exhibit 110: Data Table on India - Year-over-year growth 2022-2027 (%)
9.13 Market opportunity by geography
Exhibit 111: Market opportunity by geography ($ million) Exhibit 112: Data Tables on Market opportunity by geography ($ million)
10 Drivers, Challenges, and Trends
10.3 Impact of drivers and challenges
Exhibit 113: Impact of drivers and challenges in 2022 and 2027
11 Vendor Landscape
11.2 Vendor landscape Exhibit 114: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption Exhibit 115: Overview on factors of disruption
11.4 Industry risks Exhibit 116: Impact of key risks on business
12 Vendor Analysis
12.1 Vendors covered Exhibit 117: Vendors covered
12.2 Market positioning of vendors
Exhibit 118: Matrix on vendor position and classification
12.3 Air Liquide SA Exhibit 119: Air Liquide SA - Overview Exhibit 120: Air Liquide SA - Business segments Exhibit 121: Air Liquide SA - Key news Exhibit 122: Air Liquide SA - Key offerings Exhibit 123: Air Liquide SA - Segment focus
12.4 Awishkar Chemicals Industries
Exhibit 124: Awishkar Chemicals Industries - Overview Exhibit 125: Awishkar Chemicals Industries - Product / Service Exhibit 126: Awishkar Chemicals Industries - Key offerings
12.5 Central Glass Co. Ltd.
Exhibit 127: Central Glass Co. Ltd. - Overview Exhibit 128: Central Glass Co. Ltd. - Business segments Exhibit 129: Central Glass Co. Ltd. - Key offerings Exhibit 130: Central Glass Co. Ltd. - Segment focus
12.6 Inhance Technologies LLC
Exhibit 131: Inhance Technologies LLC - Overview Exhibit 132: Inhance Technologies LLC - Product / Service Exhibit 133: Inhance Technologies LLC - Key offerings
12.7 Iwatani Corp. Exhibit 134: Iwatani Corp. - Overview Exhibit 135: Iwatani Corp. - Business segments Exhibit 136: Iwatani Corp. - Key offerings Exhibit 137: Iwatani Corp. - Segment focus
12.8 Kanto Denka Kogyo Co. Ltd.
Exhibit 138: Kanto Denka Kogyo Co. Ltd. - Overview Exhibit 139: Kanto Denka Kogyo Co. Ltd. - Business segments Exhibit 140: Kanto Denka Kogyo Co. Ltd. - Key offerings Exhibit 141: Kanto Denka Kogyo Co. Ltd. - Segment focus
12.9 Linde Plc Exhibit 142: Linde Plc - Overview Exhibit 143: Linde Plc - Business segments Exhibit 144: Linde Plc - Key news Exhibit 145: Linde Plc - Key offerings Exhibit 146: Linde Plc - Segment focus
12.10 Merck KGaA Exhibit 147: Merck KGaA - Overview Exhibit 148: Merck KGaA - Business segments Exhibit 149: Merck KGaA - Key news Exhibit 150: Merck KGaA - Key offerings Exhibit 151: Merck KGaA - Segment focus
12.11 Mitsubishi Chemical Corp.
Exhibit 152: Mitsubishi Chemical Corp. - Overview Exhibit 153: Mitsubishi Chemical Corp. - Business segments Exhibit 154: Mitsubishi Chemical Corp. - Key news Exhibit 155: Mitsubishi Chemical Corp. - Key offerings Exhibit 156: Mitsubishi Chemical Corp. - Segment focus
13 Appendix
13.2 Inclusions and exclusions checklist
Exhibit 157: Inclusions checklist Exhibit 158: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 159: Currency conversion rates for US$
13.4 Research methodology Exhibit 160: Research methodology Exhibit 161: Validation techniques employed for market sizing Exhibit 162: Information sources
13.5 List of abbreviations
Exhibit 163: List of abbreviations
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