The global boron trifluoride market is expected to register a steady revenue CAGR over the forecast period. The boron trifluoride market revenue growth is primarily driven by factors such as rising demand for effective catalysts in the production of polymers and plastics and manufacturing of semiconductors.

Boron trifluoride (BF3) is an inorganic chemical that stands for boron trifluoride. It's a very toxic, colorless, non-flammable gas with a strong, penetrating odor. It dissolves easily in water as well as other organic molecules containing nitrogen or oxygen. It can be hydrolyzed in moist air to produce white thick fumes or slowly hydrolyzed by cold water to generate hydrofluoric acid; the fumes are denser than air. Inhaling the vapor affects the respiratory system, and it can cause burns if it comes directly into contact with the skin in large amounts.

Top Companies Operating in the Global Boron Trifluoride Market:

  • The DOW Chemical Company (U.S.)
  • BASF SE (Germany)
  • Honeywell Inc. (U.S.)
  • Praxair, Inc. (U.S.)
  • DuPont Inc. (U.S.)
  • Voltaix Inc. (U.S.)
  • Air Liquide Group (France)
  • Linde US Industrial Gases (U.S.)
  • Stella Chemifa Co., Ltd. (Japan)
  • Zibo Shuanglian Chemical Co., Ltd. (China)
  • Dalian Special Gases Co., Ltd. (U.S.)

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Major Factors Contributing to the Global Materials and Chemicals Market Revenue Growth

Increasing need for catalysts, rising demand for oil & gas due to rapid industrialization, and revenue growth in polymers industries are some of the key factors expected to drive revenue growth of the market.  BF3 is majorly used as a catalyst in various industries and also as a hardener, which is expected to drive its use in the market. In addition, technological advancements leading to the development of new equipment and processes and strengthening manufacturing capacities of various major companies is another factor contributing to revenue growth of the market during the forecast period.

Table of Contents:

  1. Report Overview 
    1.1 Research Scope
    1.2 Key Boron Trifluoride market segments
    1.3 Major players
    1.4 Market analysis by product type
    1.5 Market analysis by application
    1.6 Report timeline
  2. Global Growth Trends
    2.1 Global Boron Trifluoride market size
    2.2 Latest regional market trends
    2.3 Emerging growth trends
  3. Competitive Outlook
    3.1 Global Boron Trifluoride market key players
    3.2 Global Boron Trifluoride size by manufacturers
    3.3 Products of major players
    3.4 Entry barriers in the Boron Trifluoride market
    3.5 Mergers, acquisitions, joint ventures, and other strategic alliances

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Key Regional Markets Covered in the Report:

  • North America (U.S.A., Canada, Mexico)
  • Europe (Italy, U.K., Germany, France, Rest of Europe)
  • Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
  • Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
  • Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Boron Trifluoride Market Segmentation

Type Outlook (Revenue, USD Billion; 2019-2030)

  • Sulfuric Acid Method
  • Thermal Decomposition Method

Application/End-use Outlook (Revenue, USD Billion; 2019-2030)

  • Catalyst
  • Antioxidant
  • Hardener
  • Others

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