Chlorine Trifluoride Market Report 2025

The chlorine trifluoride market size has grown strongly in recent years. It will grow from $67.44 billion in 2024 to $72.83 billion in 2025 at a compound annual growth rate (CAGR) of 8%. The growth in the historic period can be attributed to increased semiconductor manufacturing, increased chemical synthesis, increased material processing, growth of the aerospace industry, increased research and development.

The chlorine trifluoride market size is expected to see strong growth in the next few years. It will grow to $104.47 billion in 2029 at a compound annual growth rate (CAGR) of 9.4%. The growth in the forecast period can be attributed to increasing electronics and microelectronics manufacturing, increasing energy storage technologies, growing green chemistry initiatives, growing sustainable and safe handling practices, increasing research in advanced battery technologies. Major trends in the forecast period include advanced material development, innovative nanotechnology applications, technological advancements, innovative solutions, strategic collaborations.

The expansion of the semiconductor industry is anticipated to propel the chlorine trifluoride market. Chlorine trifluoride (ClF3) is utilized in the semiconductor sector for cleaning and etching silicon wafers due to its highly reactive and selective properties, which aid in creating precise microstructures and eliminating unwanted materials. For example, in April 2022, the Worldwide Semiconductor Association reported that global semiconductor industry sales reached $50.9 billion in April 2022, marking a 21.1% increase compared to April 2021. Consequently, the growth of the semiconductor industry is expected to enhance the demand for chlorine trifluoride during the forecast period.

The increasing demand for the chemical industry is expected to propel the growth of the chlorine trifluoride market. The chemical industry involves the large-scale production of various chemicals and chemical products, serving sectors such as manufacturing, agriculture, and healthcare. Chlorine trifluoride is a key component in the production of chemicals, including fluorine compounds used in applications like refrigeration and air conditioning. According to the American Chemistry Council in June 2023, global chemical production is projected to increase by 0.6% in 2023, with more robust expansion of 3.5% anticipated in 2024, particularly in Asia/Pacific, Africa, the Middle East, and former Soviet Union nations. This increasing demand from the chemical industry is a significant driver for the chlorine trifluoride market.

The growing aerospace industry is expected to propel the growth of the chlorine trifluoride market. The aerospace industry, covering vehicular flight within and beyond Earth's atmosphere, relies on chlorine trifluoride (ClF3) as a powerful oxidizer and propellant component. Its ability to ignite and sustain combustion in the absence of oxygen makes it valuable for rocket propulsion systems and spacecraft applications. In January 2023, Airbus SE reported delivering 661 commercial aircraft to 84 customers in 2022, marking an 8% increase from the 611 units sold in 2021. This growth in the aerospace industry is a key factor driving the demand for chlorine trifluoride, solidifying its role in rocket propulsion systems and spacecraft applications.

The fabrication of semiconductors has emerged as a significant trend in the chlorine trifluoride market. Semiconductor fabrication involves constructing semiconductor devices through a series of nanofabrication processes applied to the surface of highly pure single crystal silicon substrates. These substrates, commonly known as wafers, typically include the 300 mm type, which enables the advanced miniaturization necessary for cutting-edge devices, and the 200 mm type, which is more suitable for Internet of Things (IoT) devices. For example, in November 2023, Texas Instruments, a US-based semiconductor manufacturing company, announced the fabrication of 300-millimeter semiconductor wafers at their newly established advanced plant in Sherman, Texas. Texas Instruments plans to introduce up to four of these newly developed fabs to meet demand over time, as semiconductor growth in electronics, particularly in the industrial and automotive sectors, is expected to persist well into the future.

In December 2022, Inhance Technologies, LLC, a US-based provider of sustainable polymer material science solutions, acquired Advance Research Chemicals, Inc. for an undisclosed sum. This acquisition positions Inhance Technologies, LLC as a potential market leader in environmentally friendly specialty chemicals and materials, leveraging the unmatched R&D resources, expertise, and geographic reach of Advance Research Chemicals. Advance Research Chemicals Inc. is a US-based manufacturer of specialty chemicals.

Major companies operating in the chlorine trifluoride market include Air Products, Solvay S.A., Honeywell International Inc., Linde PLC, Kanto Chemical, Messer Group, Mitsubishi Gas Chemical, Chemours, INEOS, Westlake Chemical, Arkema, Texas Fluorochemicals, Taiyo Nippon Sanso, KMG Chemicals, Haldor Topsoe, Tosoh Corporation, Dongyue Group, Zhonghao Chenguang, Jiangsu Meilan Chemical, Shanghai Shunyang, Sanmar Group, Luxfer, Hubei Sanonda, Yancheng Jiangshan Chemical, Fuyang Chemical, Zhejiang Juhua, Jiangsu Huachang Chemical.

Chlorine trifluoride is a colorless gas or green liquid with a pungent odor, commonly used as a fluorinating agent. It serves as an igniter and propellant in rockets, especially in plasma-free cleaning and etching processes. The compound is produced by heating a mixture of fluorine and chlorine to around 280 °C in a nickel or copper vessel and is also referred to as ClF3 or CTF.

The main grades of chlorine trifluoride include electronic grade and industrial grade. Electronic grade chlorine trifluoride is utilized in the electronic industry, particularly in the fabrication of semiconductors and microprocessors. Chlorine trifluoride is available in gas, liquid, and solid forms, and it finds applications in various industries such as semiconductor manufacturing, nuclear fuel processing, rocket propellant systems, and more.

The chlorine trifluoride market research report is one of a series of new reports that provides chlorine trifluoride market statistics, including chlorine trifluoride industry global market size, regional shares, competitors with a chlorine trifluoride market share, detailed chlorine trifluoride market segments, market trends and opportunities, and any further data you may need to thrive in the chlorine trifluoride industry. This chlorine trifluoride market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Western Europe was the largest region in the chlorine trifluoride market in 2024. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the chlorine trifluoride market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The countries covered in the chlorine trifluoride market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA.

The chlorine trifluoride market consists of sales of chlorine trifluoride for used as fluorinating agent and in rocket fuels. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

This product will be delivered within 3-5 business days.