Chlorine Trifluoride Market: By Forms (Gas, Liquid, Solid), By Type (3N, 4N, 5N, Others), By Grade (Electronic Grade, Industrial Grade), By End User Industry (Semiconductor, Rocket Propellent, Military, Nuclear Power, Others) and Geography

Chlorine Trifluoride Market size was valued at USD x million in 2022 and is poised to grow at a CAGR of 4.3% from 2023-2029. Chlorine trifluoride is an interhalogen compound and is extremely reactive, colorless, poisonous, and corrosive. It is a pale greenish-yellow liquid and despite extreme oxidation properties, its corrosive and combustible on contact property makes it suitable to use in nuclear reactor processing, rocket fuels, and other various industrial operations. It has the benefit of removing solid residues without dismantling chambers from the wall of the chamber. The versatile application of chlorine trifluoride in the semiconductor industry for cleaning purposes is anticipated to drive the market. The introduction of 5G has increased the demand for semiconductors in the IT and telecommunication sectors. The use of chlorine trifluoride in nuclear fuel has opened up several opportunities for its further increase in the market. The nuclear fuel processing cycle uses chlorine trifluoride in converting uranium into the gaseous form of hexafluoride uranium in the front-end process. However, chlorine trifluoride is highly toxic, reactive, explosive, and hazardous to health. According to the New Jersey Department of Health and Senior Services, chlorine trifluoride is considered a highly reactive chemical capable of causing dangerous explosion hazards. Numerous regulations and standards are used to control the use of chlorine trifluoride and in some places, governments have prohibited its use hampering the market growth. But owing to the development in various semiconductor fabricating organizations, increased government interest in space investigation exercises, and rapid digitalization that has increased the use of electrical appliances that led to the requirement of chemicals for maintenance and cleaning purposes, chlorine trifluoride is expected to experience a surge in the market in the forecast period.

Chlorine Trifluoride Market Key Developments:

• In November 2022, Yokohama National University in collaboration with Kanto Denka Kogyo Co., Ltd. published a research paper regarding Chlorine Trifluoride Gas Etching Design for quickly and uniformly removing a thick C-Face 4H-Silicon Carbide layer.
• In July 2022, Yanwu Ji and others published a paper regarding chlorine trifluoride promoting the combustion of aluminum powder.