A latest report from Absolute Markets Insights covers insights into the global Hexafluoro-1,3-Butadiene market. This comprehensive report offers insights into the market, models and drivers of business growth. Also includes Hexafluoro-1,3-Butadiene market share, sales volume and education charts. Research analysts have combined important and additional information, such as commitments from market leaders, into a well-crafted report. This report is an essential insight into strategies and information and is primarily aimed at business leaders. The main objective of this Hexafluoro-1,3-Butadiene report is to provide industry knowledge and help our clients achieve natural growth in their respective fields. The Hexafluoro-1,3-Butadiene report also shows a new uptrend that includes market conditions and market forecast 2022-2030.
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Some of the major players operating in the global Hexafluoro-1,3-Butadiene market include: 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
In terms of revenue, global hexafluoro-1,3-butadiene (C4F6) market was valued at US$ 128.68 Mn in 2022 growing at a CAGR of 3.9% over the forecast period (2022 – 2030).
The competitive landscape of the market study contains a broader analysis of the regions including North America, Europe, Asia-Pacific, Middle East and Africa, Latin America, which are expected to capture the essence of the market in its broadest category. The list encompasses significant players who manage the sector based on the system’s overall production capabilities, environmental contributions, appropriate channels, and territorial proximity through a system of primary and secondary research methodologies followed by an in-house analytical model. Furthermore, the generated income and a generalized market share for the market is presented with the help of graphs, charts and tables.
Furthermore, the report also contains important collaborations, mergers and acquisitions, key market trends and business policies are evaluated. The study contains primary and secondary information pertaining to the Hexafluoro-1,3-Butadiene Market in terms of its global status, market size, growth forecasts, trends, segments, and a detailed forecast.
Key insights from the report:
- The report provides key statistics on the market status of Hexafluoro-1,3-Butadiene Manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.
- The report provides a basic overview of the industry, including its definition, applications and manufacturing technology.
- The report features the company profile, product specifications, capacity, production value and market share 2022-2030 for the top vendors.
- The total market is further divided by company, by country and by application/type for the analysis of the competitive landscape.
- The report then estimates the 2022-2030 market development trends of the P2P Loans industry.
- Analysis of upstream raw materials, downstream demand and current market dynamics is also performed.
- The report makes some important proposals for a new project of Hexafluoro-1,3-Butadiene Market before evaluating its feasibility.
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Covid-19 cumulative impact:
This study presents insights into COVID-19 on consumer behavior and changes in demand, purchasing patterns, supply chain reorganization, dynamics of market forces, and substantial government involvement. The new research provides insights, analysis, estimates and predictions in light of the effect of COVID-19 on markets. The Hexafluoro-1,3-Butadiene Market report provides a solid observation on the prominent players in terms of strategic analysis, micro and macro market trends and opportunities, pricing trends, and a generalized overview of the market. The Hexafluoro-1,3-Butadiene Market is a detailed study packed with primary and secondary market factors, market share, leading segments and a proper geographic analysis.
Key questions answered in this report:
- What will the market size and growth rate be in 2030?
- What are the key drivers of the global market?
- What are the key market trends impacting the growth of the global market?
- What are the market growth challenges?
- Who are the key vendors in the global market?
- What are the global market opportunities and challenges for sellers?
- What are the key findings of the global five-point analysis of the Hexafluoro-1,3-Butadiene market?
Global hexafluoro-1,3-butadiene (C4F6) market is projected to be driven by increasing demand for semiconductors in consumer electronics sector. Hexafluoro-1,3-butadiene is a colourless gas and an organofluorine compound which finds its ideal application as etchant in electronics industry. The product is widely used in ion beam, plasma, and sputter etching for semiconductor manufacturing in conjunction with argon and xenon as dilution or carrier gas. Balancing of etching deposition is one of the major characteristics which makes hexafluoro-1,3-butadiene suitable for vertical profiles. For instance, C:F ratio in C4F6 molecule allows control over amount of polymer on wafer and chamber surfaces with respect to F etching radicals allowing excellent results over vertical sidewall of material. In addition, high consumption of hexafluoro-1,3-butadiene was witnessed in silicon dioxide etching for hard mask patterning, fabrication of microlens, nano-electro-mechanical-system (NEMS) devices and nano photonic devices.
Also, characteristics such as negligible global warming potential, short atmospheric lifetime and inertness to stratospheric ozone layer have ideally made the product environmentally compatible compared to other organofluorine compounds. Stringent emission targets along with high adoption of decarbonization concept by industrial manufacturers have risen the popularity of hexafluoro-1,3-butadiene as etchant. More importantly, the intrinsic characteristics of the product allow high selectivity to photoresist and substrate which results in wider process window compared to octafluorocyclobutane. Such a factor has increased the product demand to address the need for 0.25um requirements during etching process. High etching rate and uniformity of the product along with growing need to improve etching stability has driven the product consumption in semiconductor manufacturing which subsequently led hexafluoro-1,3-butadiene (C4F6) market growth in 2020.
From raw material and production perspective, Chlorotrifluoroethylene, trichloroethylene, tetrafluoroethylene, and 1,2-difluoro-dichloroethylene are some of the prominent raw materials used in various synthetic routes to produce hexafluoro-1,3-butadiene. The production and purification of hexafluoro-1,3-Butadiene was relatively small and monopolized in developed countries. Such factors have increased the imports and led to higher market prices in the recent past. However, commercialization of very large-scale integration circuit (VLSI) along with supportive government policies in Asia Pacific increased the market demand for hexafluoro-1,3-butadiene significantly. As localization became imminent and industrialization of hexafluoro-1,3-butadiene synthesis improved, hexafluoro-1,3-butadiene (C4F6) market participants developed proprietary methods for mass production. Inexpensive raw materials and their sources along with convenient product purification and separation methods have highly contributed in positively influencing the industrial production of hexafluoro-1,3-butadiene.
From standpoint of COVID-19 impact, the hexafluoro-1,3-butadiene (C4F6) market was negatively impacted for a short term during crisis. Global chip shortage was witnessed in 2020 on account of significant demand swings. Many semiconductor companies stopped production due to lockdown restrictions in 2020, owing to which the demand for hexafluoro-1,3-butadiene was hampered. However, semiconductor industry participants recovered by classifying their operations in essential category owing to which fabrication activities continued to stabilize over all quarters in the year 2020. Increasing demand for consumer electronics supported by remote working concept fostered the hexafluoro-1,3-butadiene (C4F6) market growth in 2020.
Global Hexafluoro-1,3-Butadiene Market Segmentation:
Hexafluoro-1,3-Butadiene (C4F6) Market By Purity (99.90%,99.99%,Others); By Etching Material (Silicon Dioxide (SiO2), Silicon Nitride (Si3N4), Others); By End-Use Industry (Consumer Electronics, Automotive, Industrial, Medical Devices, Military & Defence, Others); By Region (North America (U.S., Canada, Mexico, Rest Of North America), Europe (France, The UK, Spain, Germany, Italy, Denmark, Finland, Iceland, Sweden, Norway, 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)) – Global Insights, Growth, Size, Comparative Analysis, Trends And Forecast, 2022 – 2030
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