© 2016 Global Market Insights, Inc. USA. All Rights Reserved Fuel Cell Market size worth $25.5bn by 2024 Low Power Wide Area Network Nitrogen Trifluoride Market will expect consumption of over 50 kilo tons by 2025: Global Market Insights, Inc. Nitrogen Trifluoride (NF3) Market

© 2016 Global Market Insights, Inc. USA. All Rights Reserved  U.S. nitrogen trifluoride market share is expected to record a growth of nearly 9.5% over the study period. Consistent advancements in developing thin-film silicon solar cells and nitrogen trifluoride solar panels worldwide is expected to influence the business outlook. Upsurge in renewable investment from corporate giants will also boost demand for PV cells, driving nitrogen trifluoride market trends.  Nitrogen trifluoride market share will be propelled by the emerging demand from solar photovoltaic cells, semiconductor’s thin-film industries as well as chamber cleaning and etching applications. There has been a surging demand for high-purity electronic special gases, preferably NF3, that are used to clean chambers and lower the carbon manufacturing trail. It also backs a next-gen display technology that will help drive the industry growth. Overview of Nitrogen Trifluoride Market

© 2016 Global Market Insights, Inc. USA. All Rights Reserved  There has been a veritable upsurge in the microelectronics sector, that has witnessed increasing demand for flat panel displays, consumer electronics and LED products owing to the massive growth of tablets and smartphones. This is expected to foster the electronic special gases demand. Semiconductors are extensively used in high-tech industries for communication, electronic counter measurement, information storage and processing, computing and military weapons.  Thriving semiconductor sector will positively influence the demand for special electronic gases, fueling nitrogen trifluoride market size over the forecast timeframe. Described below are few trends that have been positively influencing nitrogen trifluoride consumption:  Globally, the demand for renewable energy has grown significantly and has fueled the development of solar energy segment. Nitrogen trifluoride market size from the solar PV cells segment is anticipated to register a growth of more than 11.5% between Continue…

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© 2016 Global Market Insights, Inc. USA. All Rights Reserved  This will be attributed to the healthy rise in solar sector as the manufacturers of solar cells have been majorly using special gases in order to improve the cell efficiency, yield as well as reduce the manufacturing costs of the production in countries like the U.S.  Germany is renowned for its presence as a chief manufacturing hub for semiconductors as well as manufacturing equipment. The industrial electronics production in the country was said to account for nearly 50% of the total European output, making it the key manufacturer of electronic products worldwide.  Germany nitrogen trifluoride market share is projected to witness consumption of nearly 700 tons over the analysis time period. The region is well-known as a leading consumer of consumer electronics as well and the rising disposable incomes of people will support the increased production activities. Continue…

© 2016 Global Market Insights, Inc. USA. All Rights Reserved  Nitrogen trifluoride provides faster cleaning rates, longer chamber life and a substantial reduction in the emission of carbon, which will boost the product demand and subsequently fuel nitrogen trifluoride market size.  Asia Pacific region is home to numerous companies and facilities for flat display panel fabrication and a large number of LED producers. Most of them are primarily in countries like China, India and Taiwan. Rapid urbanization in Asian countries and higher purchasing power till propel the consumption of electronic products, boosting APAC nitrogen trifluoride market forecast.  The region has also experienced a high demand for nitrogen trifluoride to be used in the chamber cleaning process which offers free fluorine radicals that volatilizes silicon deposits in the chamber walls. NF3 lowers the risk of falling particles on modules, enhancing efficiencies of the end product. China nitrogen trifluoride market share is slated to amass a growth of nearly 10.5% up to Continue…

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