Fluorine (F), most reactive chemical element and the lightest member of the halogen elements, or Group 17 (Group VIIa) of the periodic table. Its chemical activity can be attributed to its extreme ability to attract electrons (it is the most electronegative element) and to the small size of its atoms. Fluorine gas is used captively for the production of various inorganic fluorides. The preparation of fluorides of an element in its highest oxidation state makes use of fluorine’s oxidizing and fluorinating ability. These fluorides nitrogen trifluoride (NF3), sulfur hexafluoride (SF6), and tetrafluoromethane (CF4) among others. Sulfur hexafluoride (SF6) is used as a gaseous dielectric for electrical and electronic equipment and a tracer gas for determining ventilation rates and air movements in buildings. Nitrogen-fluorine compound is a colorless, odorless, nonflammable gas. It finds increasing use as an etchant in microelectronics. Sulfur hexafluoride is used as an excellent gaseous electrical insulator.
According to Gen Consulting Company, the fluorine market will increase at a CAGR of 7.28 percent during the period of 2017 to 2022, to attain an anticipated value of USD 1,629.39 million by the end of the forecast period. About 40.99 percent of global fluorine sales in 2022 will be in Asia-Pacific, according to current growth patterns.
The report covers forecast and analysis for the fluorine market on a global and regional level. The study provides historic data of 2012-2016 along with a forecast from 2017 to 2022 based on both output/volume and revenue. The study then describes the drivers and restraints for the fluorine market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the fluorine market on a global level.
The report has been prepared based on the synthesis, analysis, and interpretation of information about the global fluorine market collected from specialized sources. The competitive landscape section of the report provides a clear insight into the market share analysis of key industry players. Company overview, financial overview, product portfolio, new project launched, recent development analysis are the parameters included in the profile.
Demand for this market rises from the Semiconductor & Display, Uranium Enrichment, Plastic and other applications. All the segments have been analyzed based on present and future trends and the market is estimated from 2017 to 2022. Relevantly, the report and company profiles specify the key drivers that are impacting the demand in global fluorine market.
Semiconductor & Display
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Key Questions Answered in this Report
What will the market size be in 2022?
What are the key factors driving the global fluorine market?
What are the challenges to market growth?
Who are the key players in the fluorine market?
What are the market opportunities and threats faced by the key players?