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Global Hexafluoro-1,3-butadiene (C4F6) Market to Grow at 3.9% during 2021 – 2029: Absolute Markets Insights

Published On 10 Jan 2022 06:43 AM


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Hexafluoro-1,3-butadiene (C4F6) Market: Introduction

Absolute Markets Insights delivers key insights on the global hexafluoro-1,3-butadiene (C4F6) market. In terms of revenue, global hexafluoro-1,3-butadiene (C4F6) market was valued at US$ 128.68 Mn in 2020 growing at a CAGR of 3.9% over the forecast period, owing to high rate of dry etching application in semiconductor sector. The global market is broadly affected by several factors, including rise in demand for hexafluoro-1,3-butadiene in conjunction with reduced material consumption and low-cost tooling from end-use industries.

Click on the Link for More Detailed Insights: https://www.absolutemarketsinsights.com/reports/Global-Hexafluoro-1-3-Butadiene-C4F6-Market-2021---2029-1018

Our 402+ Pages Report titledHexafluoro-1,3-butadiene (C4F6) Market - Global Insights, Growth, Size, Comparative Analysis, Trends and Forecast, 2021 - 2029”, will include extensive information on the following pointers:

  • Global market size and forecast values (2015 – 2029), in terms of revenue (US$ Million) and volume (Million Tons) by segments/sub-segments
  • Split of the market revenue (US$ Million) and Volume (Million Tons) into all the relevant segments & sub-segments across all major regions/countries.
  • Years Considered (2015 – 2029)
    • Historic Years: 2015 - 2019
    • Base Year: 2020
    • Forecast Years: 2021 – 2029
  • Market determinants and Influencing Factors
  • Market Dynamics (Drivers, Restraints, Opportunities and Trends)
  • Analysis on Impact of Covid-19: Global Hexafluoro-1,3-butadiene (C4F6) Market
  • Macro-Economic and Micro-Economic Indicators
  • Porter’s Five Forces Analysis
  • Regulatory Landscape
  • PESTEL Analysis
  • Competitive Benchmarking: Global Presence and Growth Strategies
    • Mergers and Acquisitions
    • Product Launches
    • Investments Trends
    • R&D Initiatives
  • Market Share Analysis, 2020
  • Detailed profiles of major market participants operating in the market, encompassing information pertaining to Company Details, Company Overview, Product Offerings, Key Developments, Financial Analysis, SWOT Analysis and Business Strategies
  • Research study focusing on specific regions, including North America, Europe, Asia Pacific, Middle East & Africa and Latin America are also available.
  • The reports can be provided in different languages including Chinese, Korean, Japanese, German, Arabic, Russian, French, Spanish, and other languages.

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Hexafluoro-1,3-butadiene (C4F6) Market: Dynamics

Hexafluoro-1,3-butadiene are typically used as dry etching gas in the manufacture of semiconductors as corrosive gas, chemical solvent, and plasma to eliminate unwanted parts of surface layer. In 2020, consumer electronics emerged as the prominent end-use in global hexafluoro-1,3-butadiene (C4F6) market. According to Semiconductors Industry Association (SIA), the global sales of semiconductors increased by 6.8% in 2020. The demand was majorly driven by increasing demand for silicon wafers in the U.S. In addition, high demand for 5G networks drove the market for telecommunication infrastructure and mobile devices. For instance, according to GSM Association, in the beginning of 2020, 5G was commercially available in 24 countries, however, as of second half of the same year, the network become commercially available in more than 39 countries. Such a trend was also supported by increasing demand for bundled services in households during COVID-19 pandemic. Growing communication industry along with high demand for computer components drove the demand for semiconductors, which in turn fostered the growth of hexafluoro-1,3-butadiene (C4F6) market in 2020.

Semiconductor manufacturing involving emissions of global warming gases via various etching processes have historically coincided. Rapid growth in volume of integrated circuit production along with inlaid metallization by using dielectric etching on large scale have highly contributed in carbon emissions. Such conditions have pushed industry participants for alternatives to currently used perfluoro compounds such as carbon tetrafluoride, hexafluoroethane, octafluorocyclobutane, etc. Hexafluoro-1,3-butadiene having short atmospheric lifetime showcases negligible global warming potential. Also, emission resulting in global warming by using hexafluoro-1,3-butadiene potentially decreases by 80% compared to octafluoropropane use. Low global warming potential of the product is further likely to foster increase its incorporation in semiconductor manufacturing.

Silicon dioxide-based material segment held its dominance in global hexafluoro-1,3-butadiene (C4F6) market in 2020. The growth of silicon dioxide is highly attributed to its characteristics inclined toward high efficacy and inexpensiveness in semiconductor manufacturing. High aspect ratio of etching in conjunction with silicon dioxide is the major driving factor for product consumption. Furthermore, silicone nitride has gained prominence in semiconductor manufacturing in microfabrication applications. Removal of silicon nitride in complementary metal-oxide semiconductor technology plays vital role in preventing device damage. The aforementioned factors are projected to increase the incorporation of hexafluoro-1,3-butadiene for etching of such materials and drive the product demand in the global hexafluoro-1,3-butadiene (C4F6) market in the extended run.

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Increasing market demand for semiconductor grade hexafluoro-1,3-butadiene as replacement for carbon tetrafluoride (CF4) in dry etching has further bolstered the product penetration in etching industry. The product possesses high advantage at 0.13um technology level owing to its high selectivity in silicon nitride and photo resistivity compared to octafluorocyclobutane (C4F8). Such factors improve stability and production efficiency in etching process which further is projected to positively influence the product demand in semiconductor industry. In terms of recent developments, industry participants are highly engaged in product expansion and partnerships to cater market requirements. For instance, in December 2020, Showa Denko K.K. established its subsidiary namely Shanghai Showa Chemicals Co., Ltd. in Shaanxi Province to operate and sell its portfolio of high purity electronic gases. This was intended to improve company’s foot print in China and cater increasing demand for semiconductors. Establishment of long-term contracts along with partnerships is likely to create lucrative opportunities for new as well as well-established industry participants, which in turn will subsequently foster the hexafluoro-1,3-butadiene (C4F6) market growth over the forecast period.

Hexafluoro-1,3-butadiene (C4F6) Market: Prominent Regions/Countries

The global hexafluoro-1,3-butadiene (C4F6) market is expected to upsurge considerably during the forecast period, owing to the increasing product demand for semiconductor manufacturing in U.S. Also, accelerated vaccine development along with high demand for medical devices such as ventilators and portable ultrasound devices drove the product demand in the North America. Emergence of remote working concept further drove the global demand for consumer electronics such as mobile phones, computers, laptops etc. The upsurge in production of semiconductors led to high consumption of hexafluoro-1,3-butadiene for etching processes. Such a factor contributed in the hexafluoro-1,3-butadiene (C4F6) market growth, globally.

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Hexafluoro-1,3-butadiene (C4F6) Market: Key Players

Major players operating in the global hexafluoro-1,3-butadiene (C4F6) market are:

  • Air Liquide
  • Beijing Yuji Science & Technology Co., Ltd.
  • Biosynth Carbosynth
  • Electronic Fluorocarbons, LLC
  • FOOSUNG CO, LTD.
  • GrandiT Co., Ltd.
  • Linde plc
  • Merck KGaA
  • Shandong Shing Chemical Co., Ltd
  • Showa Denko K.K. (SDK)
  • Solvay
  • SynQuest Laboratories
  • TAIYO NIPPON SANSO CORPORATION
  • Toyoko Kagaku Co., Ltd
  • Zhejiang Britech Co., Ltd.
  • Other Market Participants

Global Hexafluoro-1,3-butadiene (C4F6) Market: Segmentation

Hexafluoro-1,3-butadiene (C4F6) Market, by Purity

  • 90%
  • 99%
  • Others

Hexafluoro-1,3-butadiene (C4F6) Market, by Etching Material

  • Silicon Dioxide (SiO2)
  • Silicon Nitride (Si3N4)
  • Other

Hexafluoro-1,3-butadiene (C4F6) Market, by End-Use Industry

  • Consumer Electronics
  • Automotive
  • Industrial
  • Medical Devices
  • Military & Defense
  • Others

Hexafluoro-1,3-butadiene (C4F6) Market, by Region

  • North America (U.S., Canada, Mexico, Rest of North America)
  • Europe (France, The UK, Spain, Germany, Italy, Nordic Countries (Denmark, Finland, Iceland, Sweden, Norway), Benelux Union (Belgium, The Netherlands, Luxembourg), Rest of Europe
  • Asia Pacific (China, Japan, India, New Zealand, Australia, South Korea, Southeast Asia (Indonesia, Thailand, Malaysia, Singapore, Rest of Southeast Asia), Rest of Asia Pacific
  • Middle East & Africa (Saudi Arabia, UAE, Egypt, Kuwait, South Africa, Rest of Middle East & Africa)
  • Latin America (Brazil, Argentina, Rest of Latin America)

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Press Release Provided By: Absolute Markets Insights