Market Overview:
The Global Electronic Grade Octafluoropropane (C3F8) Market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for semiconductor etching and semiconductor manufacturing equipment cleaning applications. In terms of volume, the market is projected to reach 2,362 kilotons by 2030. Based on type, the electronic grade octafluoropropane market has been segmented into 4.5N, 5N and 5.5N grades.
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Product Definition:
An electronic grade of octafluoropropane is a pure, colorless liquid used as an etching agent in the manufacture of semiconductor devices and integrated circuits.
4.5N:
4.5N is a chemical compound of carbon and fluorine with the formula C3F8. It has a characteristic sweet-scented odor, is very reactive and volatile in nature, and forms white crystals that are soluble in alcohol but not water.
5N:
5N is the chemical formula for octafluoropropane. It has a molecular weight of 132 and atomic number of fluorine. Octafluoropropane or 5N is a colorless gas with an odor similar to that of gasoline. It forms flammable mixtures with air and has a low boiling point compared to other non-halogenated hydrocarbons (naphtha, kerosene, etc.).
Application Insights:
The global demand for e-grade octafluoropropane has witnessed a paradigm shift due to rising semiconductor manufacturing equipment cleaning applications across the globe. The product is used as an etchant in semiconductor manufacturing equipment cleaning operations, wherein it removes scale buildups and other deposits from various parts of the production line.
Semiconductor manufacturing equipment cleaning is expected to be one of the fastest-growing segments over the forecast period owing to increasing investments in new production facilities across several countries including China, India and Japan. In addition, growing awareness regarding cleanroom techniques during device packaging will further propel industry growth over the coming years.
Regional Analysis:
Asia Pacific dominated the global market in 2017. The region is expected to maintain its dominance over the forecast period owing to increasing demand from various application industries, such as semiconductor manufacturing equipment cleaning and etching, which will drive CF4 production in China and India. In addition, rising investments by U.S.-based companies for establishing their plants in Asia Pacific countries are likely to contribute toward increased consumption of CF4 across the globe.
North America accounted for a significant share of global industry demand due to high penetration of electronic devices coupled with growing semiconductor manufacturing equipment cleaning activities across U.S.
Growth Factors:
- Increasing demand for electronic grade octafluoropropane in semiconductor and electronics industry for various applications such as etching, cleaning, deposition, and others.
- Rising demand from developing countries due to growing industrialization and increasing investments in the semiconductor and electronics industry.
- Growing popularity of plasma enhanced chemical vapor deposition (PECVD) technology that uses electronic grade octafluoropropane as a carrier gas for depositing thin films of various materials used in the fabrication of microelectronic devices.
- Increasing use of electronic grade octafluoropropane as an environmentally friendly alternative to other fluorocarbons such as trifluoroethane (CHF3) and hexafluoroethane (C2H6F6) in various applications such as refrigeration, air conditioning, foam blowing agents, solvents etc due to its low global warming potential (GWP).
Scope Of The Report
Report Attributes
Report Details
Report Title
Electronic Grade Octafluoropropane (C3F8) Market Research Report
By Type
4.5N, 5N, 5.5N
By Application
Semiconductor Etching, Semiconductor Manufacturing Equipment Cleaning
By Companies
Air Liquide, Merck Group, Linde Gas, Showa Denko, Kanto Denka Kogyo, Samjuk Special Gas, Taiyo Nippon Sanso, Shandong Zhongshan Photoelectric Material, PERIC Special Gases, Sichuan Fuhuaxin New Material Technology, Air Liquide
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
234
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Electronic Grade Octafluoropropane (C3F8) Market Report Segments:
The global Electronic Grade Octafluoropropane (C3F8) market is segmented on the basis of:
Types
4.5N, 5N, 5.5N
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Semiconductor Etching, Semiconductor Manufacturing Equipment Cleaning
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Air Liquide
- Merck Group
- Linde Gas
- Showa Denko
- Kanto Denka Kogyo
- Samjuk Special Gas
- Taiyo Nippon Sanso
- Shandong Zhongshan Photoelectric Material
- PERIC Special Gases
- Sichuan Fuhuaxin New Material Technology
- Air Liquide
 Market Overview.svg)
Highlights of The Electronic Grade Octafluoropropane (C3F8) Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- 4.5N
- 5N
- 5.5N
- By Application:
- Semiconductor Etching
- Semiconductor Manufacturing Equipment Cleaning
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Electronic Grade Octafluoropropane (C3F8) Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
 Market Statistics.svg)
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Electronic Grade Octafluoropropane is a hydrofluoric acid based refrigerant. It is used as a replacement for R-134a in air conditioning and refrigeration systems.
Some of the key players operating in the electronic grade octafluoropropane (c3f8) market are Air Liquide, Merck Group, Linde Gas, Showa Denko, Kanto Denka Kogyo, Samjuk Special Gas, Taiyo Nippon Sanso, Shandong Zhongshan Photoelectric Material, PERIC Special Gases, Sichuan Fuhuaxin New Material Technology, Air Liquide.
The electronic grade octafluoropropane (c3f8) market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Electronic Grade Octafluoropropane (C3F8) Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Electronic Grade Octafluoropropane (C3F8) Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Electronic Grade Octafluoropropane (C3F8) Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Electronic Grade Octafluoropropane (C3F8) Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Electronic Grade Octafluoropropane (C3F8) Market Size & Forecast, 2018-2028
4.5.1 Electronic Grade Octafluoropropane (C3F8) Market Size and Y-o-Y Growth
4.5.2 Electronic Grade Octafluoropropane (C3F8) Market Absolute $ Opportunity
Chapter 5 Global Electronic Grade Octafluoropropane (C3F8) Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Electronic Grade Octafluoropropane (C3F8) Market Size Forecast by Type
5.2.1 4.5N
5.2.2 5N
5.2.3 5.5N
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Electronic Grade Octafluoropropane (C3F8) Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Electronic Grade Octafluoropropane (C3F8) Market Size Forecast by Applications
6.2.1 Semiconductor Etching
6.2.2 Semiconductor Manufacturing Equipment Cleaning
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Electronic Grade Octafluoropropane (C3F8) Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Electronic Grade Octafluoropropane (C3F8) Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Electronic Grade Octafluoropropane (C3F8) Analysis and Forecast
9.1 Introduction
9.2 North America Electronic Grade Octafluoropropane (C3F8) Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Electronic Grade Octafluoropropane (C3F8) Market Size Forecast by Type
9.6.1 4.5N
9.6.2 5N
9.6.3 5.5N
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Electronic Grade Octafluoropropane (C3F8) Market Size Forecast by Applications
9.10.1 Semiconductor Etching
9.10.2 Semiconductor Manufacturing Equipment Cleaning
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Electronic Grade Octafluoropropane (C3F8) Analysis and Forecast
10.1 Introduction
10.2 Europe Electronic Grade Octafluoropropane (C3F8) Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Electronic Grade Octafluoropropane (C3F8) Market Size Forecast by Type
10.6.1 4.5N
10.6.2 5N
10.6.3 5.5N
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Electronic Grade Octafluoropropane (C3F8) Market Size Forecast by Applications
10.10.1 Semiconductor Etching
10.10.2 Semiconductor Manufacturing Equipment Cleaning
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Electronic Grade Octafluoropropane (C3F8) Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Electronic Grade Octafluoropropane (C3F8) Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Electronic Grade Octafluoropropane (C3F8) Market Size Forecast by Type
11.6.1 4.5N
11.6.2 5N
11.6.3 5.5N
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Electronic Grade Octafluoropropane (C3F8) Market Size Forecast by Applications
11.10.1 Semiconductor Etching
11.10.2 Semiconductor Manufacturing Equipment Cleaning
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Electronic Grade Octafluoropropane (C3F8) Analysis and Forecast
12.1 Introduction
12.2 Latin America Electronic Grade Octafluoropropane (C3F8) Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Electronic Grade Octafluoropropane (C3F8) Market Size Forecast by Type
12.6.1 4.5N
12.6.2 5N
12.6.3 5.5N
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Electronic Grade Octafluoropropane (C3F8) Market Size Forecast by Applications
12.10.1 Semiconductor Etching
12.10.2 Semiconductor Manufacturing Equipment Cleaning
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Electronic Grade Octafluoropropane (C3F8) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Electronic Grade Octafluoropropane (C3F8) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Electronic Grade Octafluoropropane (C3F8) Market Size Forecast by Type
13.6.1 4.5N
13.6.2 5N
13.6.3 5.5N
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Electronic Grade Octafluoropropane (C3F8) Market Size Forecast by Applications
13.10.1 Semiconductor Etching
13.10.2 Semiconductor Manufacturing Equipment Cleaning
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Electronic Grade Octafluoropropane (C3F8) Market: Competitive Dashboard
14.2 Global Electronic Grade Octafluoropropane (C3F8) Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Air Liquide
14.3.2 Merck Group
14.3.3 Linde Gas
14.3.4 Showa Denko
14.3.5 Kanto Denka Kogyo
14.3.6 Samjuk Special Gas
14.3.7 Taiyo Nippon Sanso
14.3.8 Shandong Zhongshan Photoelectric Material
14.3.9 PERIC Special Gases
14.3.10 Sichuan Fuhuaxin New Material Technology
14.3.11 Air Liquide
