Octafluoropropane Global Market Insights 2025, Analysis and Forecast to 2030, by Manufacturers, Regions, Technology, Application

June 2025 | 81 pages | ID: O97949326EB9EN
Prof Research

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Octafluoropropane Market Summary

Introduction

Octafluoropropane (C3F8), a perfluorocarbon gas, is a non-flammable, non-toxic, and chemically stable compound widely used in high-tech industries. Its primary applications include semiconductor etching and cleaning, where it serves as a critical material for plasma etching and chamber cleaning in semiconductor manufacturing, as well as niche uses in medical imaging and refrigeration. The octafluoropropane industry is characterized by its reliance on high-purity production processes, driven by the demand for advanced electronics, particularly in 5G, IoT, and automotive applications. Key trends include the development of eco-friendly production methods to address environmental concerns, given octafluoropropane’s high global warming potential (GWP), and innovations in high-purity grades for semiconductor applications. The market is propelled by the rapid growth of the global semiconductor industry, increasing demand for consumer electronics, and the expansion of medical applications like ultrasound contrast agents.

Market Size and Growth Forecast

The global Octafluoropropane market was valued at USD 340–610 million in 2024, with an estimated CAGR of 5.8%–7.8% from 2025 to 2030, driven by rising demand in semiconductor manufacturing and emerging medical applications.

Regional Analysis

North America is projected to grow at a CAGR of 5.5%–7.5%, with the U.S. leading due to its advanced semiconductor industry and medical sector, focusing on high-purity C3F8 for etching and imaging.

Europe is expected to achieve a CAGR of 5.3%–7.3%, with Germany driving demand through its focus on sustainable electronics and medical applications.

Asia Pacific is anticipated to record the highest growth at 6.2%–8.2%, led by China, Japan, and South Korea, where semiconductor production and consumer electronics fuel C3F8 demand, with trends toward cost-efficient and high-purity solutions.

Rest of the World, particularly Brazil, is expected to grow at 5.0%–7.0%, with trends toward industrial and medical applications.

Application Analysis

Semiconductor etching applications are estimated to grow at a CAGR of 6.0%–8.0%, driven by C3F8’s role as a plasma etching gas for precise material removal in chip manufacturing, with trends favoring high-purity grades for advanced nodes.

Semiconductor cleaning applications are projected to expand at 5.8%–7.8%, supported by C3F8’s use in chamber cleaning to ensure production efficiency, with innovations in low-residue formulations.

Other applications, including medical imaging and refrigeration, are expected to grow at 5.5%–7.5%, with trends toward eco-friendly refrigerants and microbubble contrast agents for ultrasound.

Key Market Players

Linde, headquartered in Dublin, Ireland, is a global leader in industrial gases, offering high-purity octafluoropropane for semiconductor and medical applications, known for its advanced gas delivery systems.

Kanto Denka Kogyo, based in Tokyo, Japan, specializes in high-purity gases for electronics, providing C3F8 for semiconductor etching and cleaning, focusing on precision manufacturing.

Messer, headquartered in Bad Soden, Germany, produces C3F8 for industrial and medical uses, emphasizing sustainable production and supply chain efficiency.

Merck KGaA, based in Darmstadt, Germany, supplies high-purity C3F8 for semiconductor and medical applications, known for its innovative chemical solutions.

Peric, based in Beijing, China, provides C3F8 for electronics, focusing on expanding production capacity for high-purity gases.

Sichuan Fuhuaxin New Materials Technology, headquartered in Sichuan, China, produces C3F8 for semiconductor applications, emphasizing scalable manufacturing.

Guangdong Huate Gas, based in Guangdong, China, offers C3F8 for electronics and industrial uses, known for its cost-competitive production.

Porter’s Five Forces Analysis
  • The threat of new entrants is low; high capital costs, stringent purity requirements, and regulatory barriers limit new competitors in the C3F8 market.
  • The threat of substitutes is moderate; alternative etching and cleaning gases compete, but C3F8’s efficiency in semiconductor applications maintains its edge.
  • Buyer power is moderate; large semiconductor manufacturers negotiate pricing, but C3F8’s specialized role limits buyer leverage.
  • Supplier power is low; raw materials for C3F8 production are widely available, reducing supplier influence.
  • Competitive rivalry is high; key players differentiate through high-purity offerings, sustainable production, and application-specific innovations.

Market Opportunities and Challenges

Opportunities
  • Growing semiconductor demand, driven by 5G and IoT, boosts C3F8 adoption.
  • Expansion of medical imaging applications, particularly in ultrasound, enhances market growth.
  • Emerging markets in Asia Pacific offer opportunities due to electronics manufacturing growth.

Challenges
  • High production costs for high-purity C3F8 limit adoption in cost-sensitive applications.
  • Stringent environmental regulations on fluorinated gases increase compliance costs.
  • Health risks associated with C3F8 inhalation pose safety and regulatory challenges.

Growth Trend Analysis

The Octafluoropropane market is experiencing robust growth, driven by demand for high-purity gases in semiconductor manufacturing and medical applications. Sichuan Fuhuaxin New Materials Technology currently has a C3F8 production capacity of 200 tons. Guangdong Huate Gas maintains a capacity of 400 tons, reflecting its strong position in the electronics sector. On November 23, 2024, Peric announced a new 100-ton C3F8 production project as part of its 170-ton high-purity electronic gas initiative, increasing its total capacity from 30 tons, with operations expected to scale by 2026. These expansions align with a projected CAGR of 5.8%–7.8% through 2030, driven by the semiconductor industry’s growth and emerging medical applications.
Table of Contents

CHAPTER 1 EXECUTIVE SUMMARY

CHAPTER 2 ABBREVIATION AND ACRONYMS

CHAPTER 3 PREFACE

3.1 Research Scope
3.2 Research Sources
  3.2.1 Data Sources
  3.2.2 Assumptions
3.3 Research Method

CHAPTER 4 MARKET LANDSCAPE

4.1 Market Overview
4.2 Classification/Types
4.3 Application/End Users

CHAPTER 5 MARKET TREND ANALYSIS

5.1 Introduction
5.2 Drivers
5.3 Restraints
5.4 Opportunities
5.5 Threats

CHAPTER 6 INDUSTRY CHAIN ANALYSIS

6.1 Upstream/Suppliers Analysis
6.2 Octafluoropropane Analysis
  6.2.1 Technology Analysis
  6.2.2 Cost Analysis
  6.2.3 Market Channel Analysis
6.3 Downstream Buyers/End Users

CHAPTER 7 LATEST MARKET DYNAMICS

7.1 Latest News
7.2 Merger and Acquisition
7.3 Planned/Future Project
7.4 Policy Dynamics

CHAPTER 8 TRADING ANALYSIS

8.1 Export of Octafluoropropane by Region
8.2 Import of Octafluoropropane by Region
8.3 Balance of Trade

CHAPTER 9 HISTORICAL AND FORECAST OCTAFLUOROPROPANE MARKET IN NORTH AMERICA (2020-2030)

9.1 Octafluoropropane Market Size
9.2 Octafluoropropane Demand by End Use
9.3 Competition by Players/Suppliers
9.4 Type Segmentation and Price
9.5 Key Countries Analysis
  9.5.1 United States
  9.5.2 Canada
  9.5.3 Mexico

CHAPTER 10 HISTORICAL AND FORECAST OCTAFLUOROPROPANE MARKET IN SOUTH AMERICA (2020-2030)

10.1 Octafluoropropane Market Size
10.2 Octafluoropropane Demand by End Use
10.3 Competition by Players/Suppliers
10.4 Type Segmentation and Price
10.5 Key Countries Analysis
  10.5.1 Brazil
  10.5.2 Argentina
  10.5.3 Chile
  10.5.4 Peru

CHAPTER 11 HISTORICAL AND FORECAST OCTAFLUOROPROPANE MARKET IN ASIA & PACIFIC (2020-2030)

11.1 Octafluoropropane Market Size
11.2 Octafluoropropane Demand by End Use
11.3 Competition by Players/Suppliers
11.4 Type Segmentation and Price
11.5 Key Countries Analysis
  11.5.1 China
  11.5.2 India
  11.5.3 Japan
  11.5.4 South Korea
  11.5.5 Southest Asia
  11.5.6 Australia

CHAPTER 12 HISTORICAL AND FORECAST OCTAFLUOROPROPANE MARKET IN EUROPE (2020-2030)

12.1 Octafluoropropane Market Size
12.2 Octafluoropropane Demand by End Use
12.3 Competition by Players/Suppliers
12.4 Type Segmentation and Price
12.5 Key Countries Analysis
  12.5.1 Germany
  12.5.2 France
  12.5.3 United Kingdom
  12.5.4 Italy
  12.5.5 Spain
  12.5.6 Belgium
  12.5.7 Netherlands
  12.5.8 Austria
  12.5.9 Poland
  12.5.10 Russia

CHAPTER 13 HISTORICAL AND FORECAST OCTAFLUOROPROPANE MARKET IN MEA (2020-2030)

13.1 Octafluoropropane Market Size
13.2 Octafluoropropane Demand by End Use
13.3 Competition by Players/Suppliers
13.4 Type Segmentation and Price
13.5 Key Countries Analysis
  13.5.1 Egypt
  13.5.2 Israel
  13.5.3 South Africa
  13.5.4 Gulf Cooperation Council Countries
  13.5.5 Turkey

CHAPTER 14 SUMMARY FOR GLOBAL OCTAFLUOROPROPANE MARKET (2020-2025)

14.1 Octafluoropropane Market Size
14.2 Octafluoropropane Demand by End Use
14.3 Competition by Players/Suppliers
14.4 Type Segmentation and Price

CHAPTER 15 GLOBAL OCTAFLUOROPROPANE MARKET FORECAST (2025-2030)

15.1 Octafluoropropane Market Size Forecast
15.2 Octafluoropropane Demand Forecast
15.3 Competition by Players/Suppliers
15.4 Type Segmentation and Price Forecast

CHAPTER 16 ANALYSIS OF GLOBAL KEY VENDORS

16.1 Linde
  16.1.1 Company Profile
  16.1.2 Main Business and Octafluoropropane Information
  16.1.3 SWOT Analysis of Linde
  16.1.4 Linde Octafluoropropane Sales, Revenue, Price and Gross Margin (2020-2025)
16.2 Kanto Denka Kogyo
  16.2.1 Company Profile
  16.2.2 Main Business and Octafluoropropane Information
  16.2.3 SWOT Analysis of Kanto Denka Kogyo
  16.2.4 Kanto Denka Kogyo Octafluoropropane Sales, Revenue, Price and Gross Margin (2020-2025)
16.3 Messer
  16.3.1 Company Profile
  16.3.2 Main Business and Octafluoropropane Information
  16.3.3 SWOT Analysis of Messer
  16.3.4 Messer Octafluoropropane Sales, Revenue, Price and Gross Margin (2020-2025)
16.4 Merck KGaA
  16.4.1 Company Profile
  16.4.2 Main Business and Octafluoropropane Information
  16.4.3 SWOT Analysis of Merck KGaA
  16.4.4 Merck KGaA Octafluoropropane Sales, Revenue, Price and Gross Margin (2020-2025)
16.5 Peric
  16.5.1 Company Profile
  16.5.2 Main Business and Octafluoropropane Information
  16.5.3 SWOT Analysis of Peric
  16.5.4 Peric Octafluoropropane Sales, Revenue, Price and Gross Margin (2020-2025)
Please ask for sample pages for full companies list

TABLES AND FIGURES

Table Abbreviation and Acronyms List
Table Research Scope of Octafluoropropane Report
Table Data Sources of Octafluoropropane Report
Table Major Assumptions of Octafluoropropane Report
Figure Market Size Estimated Method
Figure Major Forecasting Factors
Figure Octafluoropropane Picture
Table Octafluoropropane Classification
Table Octafluoropropane Applications List
Table Drivers of Octafluoropropane Market
Table Restraints of Octafluoropropane Market
Table Opportunities of Octafluoropropane Market
Table Threats of Octafluoropropane Market
Table Raw Materials Suppliers List
Table Different Production Methods of Octafluoropropane
Table Cost Structure Analysis of Octafluoropropane
Table Key End Users List
Table Latest News of Octafluoropropane Market
Table Merger and Acquisition List
Table Planned/Future Project of Octafluoropropane Market
Table Policy of Octafluoropropane Market
Table 2020-2030 Regional Export of Octafluoropropane
Table 2020-2030 Regional Import of Octafluoropropane
Table 2020-2030 Regional Trade Balance
Figure 2020-2030 Regional Trade Balance
Table 2020-2030 North America Octafluoropropane Market Size and Market Volume List
Figure 2020-2030 North America Octafluoropropane Market Size and CAGR
Figure 2020-2030 North America Octafluoropropane Market Volume and CAGR
Table 2020-2030 North America Octafluoropropane Demand List by Application
Table 2020-2025 North America Octafluoropropane Key Players Sales List
Table 2020-2025 North America Octafluoropropane Key Players Market Share List
Table 2020-2030 North America Octafluoropropane Demand List by Type
Table 2020-2025 North America Octafluoropropane Price List by Type
Table 2020-2030 United States Octafluoropropane Market Size and Market Volume List
Table 2020-2030 United States Octafluoropropane Import & Export List
Table 2020-2030 Canada Octafluoropropane Market Size and Market Volume List
Table 2020-2030 Canada Octafluoropropane Import & Export List
Table 2020-2030 Mexico Octafluoropropane Market Size and Market Volume List
Table 2020-2030 Mexico Octafluoropropane Import & Export List
Table 2020-2030 South America Octafluoropropane Market Size and Market Volume List
Figure 2020-2030 South America Octafluoropropane Market Size and CAGR
Figure 2020-2030 South America Octafluoropropane Market Volume and CAGR
Table 2020-2030 South America Octafluoropropane Demand List by Application
Table 2020-2025 South America Octafluoropropane Key Players Sales List
Table 2020-2025 South America Octafluoropropane Key Players Market Share List
Table 2020-2030 South America Octafluoropropane Demand List by Type
Table 2020-2025 South America Octafluoropropane Price List by Type
Table 2020-2030 Brazil Octafluoropropane Market Size and Market Volume List
Table 2020-2030 Brazil Octafluoropropane Import & Export List
Table 2020-2030 Argentina Octafluoropropane Market Size and Market Volume List
Table 2020-2030 Argentina Octafluoropropane Import & Export List
Table 2020-2030 Chile Octafluoropropane Market Size and Market Volume List
Table 2020-2030 Chile Octafluoropropane Import & Export List
Table 2020-2030 Peru Octafluoropropane Market Size and Market Volume List
Table 2020-2030 Peru Octafluoropropane Import & Export List
Table 2020-2030 Asia & Pacific Octafluoropropane Market Size and Market Volume List
Figure 2020-2030 Asia & Pacific Octafluoropropane Market Size and CAGR
Figure 2020-2030 Asia & Pacific Octafluoropropane Market Volume and CAGR
Table 2020-2030 Asia & Pacific Octafluoropropane Demand List by Application
Table 2020-2025 Asia & Pacific Octafluoropropane Key Players Sales List
Table 2020-2025 Asia & Pacific Octafluoropropane Key Players Market Share List
Table 2020-2030 Asia & Pacific Octafluoropropane Demand List by Type
Table 2020-2025 Asia & Pacific Octafluoropropane Price List by Type
Table 2020-2030 China Octafluoropropane Market Size and Market Volume List
Table 2020-2030 China Octafluoropropane Import & Export List
Table 2020-2030 India Octafluoropropane Market Size and Market Volume List
Table 2020-2030 India Octafluoropropane Import & Export List
Table 2020-2030 Japan Octafluoropropane Market Size and Market Volume List
Table 2020-2030 Japan Octafluoropropane Import & Export List
Table 2020-2030 South Korea Octafluoropropane Market Size and Market Volume List
Table 2020-2030 South Korea Octafluoropropane Import & Export List
Table 2020-2030 Southeast Asia Octafluoropropane Market Size List
Table 2020-2030 Southeast Asia Octafluoropropane Market Volume List
Table 2020-2030 Southeast Asia Octafluoropropane Import List
Table 2020-2030 Southeast Asia Octafluoropropane Export List
Table 2020-2030 Australia Octafluoropropane Market Size and Market Volume List
Table 2020-2030 Australia Octafluoropropane Import & Export List
Table 2020-2030 Europe Octafluoropropane Market Size and Market Volume List
Figure 2020-2030 Europe Octafluoropropane Market Size and CAGR
Figure 2020-2030 Europe Octafluoropropane Market Volume and CAGR
Table 2020-2030 Europe Octafluoropropane Demand List by Application
Table 2020-2025 Europe Octafluoropropane Key Players Sales List
Table 2020-2025 Europe Octafluoropropane Key Players Market Share List
Table 2020-2030 Europe Octafluoropropane Demand List by Type
Table 2020-2025 Europe Octafluoropropane Price List by Type
Table 2020-2030 Germany Octafluoropropane Market Size and Market Volume List
Table 2020-2030 Germany Octafluoropropane Import & Export List
Table 2020-2030 France Octafluoropropane Market Size and Market Volume List
Table 2020-2030 France Octafluoropropane Import & Export List
Table 2020-2030 United Kingdom Octafluoropropane Market Size and Market Volume List
Table 2020-2030 United Kingdom Octafluoropropane Import & Export List
Table 2020-2030 Italy Octafluoropropane Market Size and Market Volume List
Table 2020-2030 Italy Octafluoropropane Import & Export List
Table 2020-2030 Spain Octafluoropropane Market Size and Market Volume List
Table 2020-2030 Spain Octafluoropropane Import & Export List
Table 2020-2030 Belgium Octafluoropropane Market Size and Market Volume List
Table 2020-2030 Belgium Octafluoropropane Import & Export List
Table 2020-2030 Netherlands Octafluoropropane Market Size and Market Volume List
Table 2020-2030 Netherlands Octafluoropropane Import & Export List
Table 2020-2030 Austria Octafluoropropane Market Size and Market Volume List
Table 2020-2030 Austria Octafluoropropane Import & Export List
Table 2020-2030 Poland Octafluoropropane Market Size and Market Volume List
Table 2020-2030 Poland Octafluoropropane Import & Export List
Table 2020-2030 Russia Octafluoropropane Market Size and Market Volume List
Table 2020-2030 Russia Octafluoropropane Import & Export List
Table 2020-2030 MEA Octafluoropropane Market Size and Market Volume List
Figure 2020-2030 MEA Octafluoropropane Market Size and CAGR
Figure 2020-2030 MEA Octafluoropropane Market Volume and CAGR
Table 2020-2030 MEA Octafluoropropane Demand List by Application
Table 2020-2025 MEA Octafluoropropane Key Players Sales List
Table 2020-2025 MEA Octafluoropropane Key Players Market Share List
Table 2020-2030 MEA Octafluoropropane Demand List by Type
Table 2020-2025 MEA Octafluoropropane Price List by Type
Table 2020-2030 Egypt Octafluoropropane Market Size and Market Volume List
Table 2020-2030 Egypt Octafluoropropane Import & Export List
Table 2020-2030 Israel Octafluoropropane Market Size and Market Volume List
Table 2020-2030 Israel Octafluoropropane Import & Export List
Table 2020-2030 South Africa Octafluoropropane Market Size and Market Volume List
Table 2020-2030 South Africa Octafluoropropane Import & Export List
Table 2020-2030 Gulf Cooperation Council Countries Octafluoropropane Market Size and Market Volume List
Table 2020-2030 Gulf Cooperation Council Countries Octafluoropropane Import & Export List
Table 2020-2030 Turkey Octafluoropropane Market Size and Market Volume List
Table 2020-2030 Turkey Octafluoropropane Import & Export List
Table 2020-2025 Global Octafluoropropane Market Size List by Region
Table 2020-2025 Global Octafluoropropane Market Size Share List by Region
Table 2020-2025 Global Octafluoropropane Market Volume List by Region
Table 2020-2025 Global Octafluoropropane Market Volume Share List by Region
Table 2020-2025 Global Octafluoropropane Demand List by Application
Table 2020-2025 Global Octafluoropropane Demand Market Share List by Application
Table 2020-2025 Global Octafluoropropane Capacity List
Table 2020-2025 Global Octafluoropropane Key Vendors Capacity Share List
Table 2020-2025 Global Octafluoropropane Key Vendors Production List
Table 2020-2025 Global Octafluoropropane Key Vendors Production Share List
Figure 2020-2025 Global Octafluoropropane Capacity Production and Growth Rate
Table 2020-2025 Global Octafluoropropane Key Vendors Production Value List
Figure 2020-2025 Global Octafluoropropane Production Value and Growth Rate
Table 2020-2025 Global Octafluoropropane Key Vendors Production Value Share List
Table 2020-2025 Global Octafluoropropane Demand List by Type
Table 2020-2025 Global Octafluoropropane Demand Market Share List by Type
Table 2020-2025 Regional Octafluoropropane Price List
Table 2025-2030 Global Octafluoropropane Market Size List by Region
Table 2025-2030 Global Octafluoropropane Market Size Share List by Region
Table 2025-2030 Global Octafluoropropane Market Volume List by Region
Table 2025-2030 Global Octafluoropropane Market Volume Share List by Region
Table 2025-2030 Global Octafluoropropane Demand List by Application
Table 2025-2030 Global Octafluoropropane Demand Market Share List by Application
Table 2025-2030 Global Octafluoropropane Capacity List
Table 2025-2030 Global Octafluoropropane Key Vendors Capacity Share List
Table 2025-2030 Global Octafluoropropane Key Vendors Production List
Table 2025-2030 Global Octafluoropropane Key Vendors Production Share List
Figure 2025-2030 Global Octafluoropropane Capacity Production and Growth Rate
Table 2025-2030 Global Octafluoropropane Key Vendors Production Value List
Figure 2025-2030 Global Octafluoropropane Production Value and Growth Rate
Table 2025-2030 Global Octafluoropropane Key Vendors Production Value Share List
Table 2025-2030 Global Octafluoropropane Demand List by Type
Table 2025-2030 Global Octafluoropropane Demand Market Share List by Type
Table 2025-2030 Octafluoropropane Regional Price List
Table Linde Information
Table SWOT Analysis of Linde
Table 2020-2025 Linde Octafluoropropane Product Capacity Production Price Cost Production Value
Figure 2020-2025 Linde Octafluoropropane Capacity Production and Growth Rate
Figure 2020-2025 Linde Octafluoropropane Market Share
Table Kanto Denka Kogyo Information
Table SWOT Analysis of Kanto Denka Kogyo
Table 2020-2025 Kanto Denka Kogyo Octafluoropropane Product Capacity Production Price Cost Production Value
Figure 2020-2025 Kanto Denka Kogyo Octafluoropropane Capacity Production and Growth Rate
Figure 2020-2025 Kanto Denka Kogyo Octafluoropropane Market Share
Table Messer Information
Table SWOT Analysis of Messer
Table 2020-2025 Messer Octafluoropropane Product Capacity Production Price Cost Production Value
Figure 2020-2025 Messer Octafluoropropane Capacity Production and Growth Rate
Figure 2020-2025 Messer Octafluoropropane Market Share
Table Merck KGaA Information
Table SWOT Analysis of Merck KGaA
Table 2020-2025 Merck KGaA Octafluoropropane Product Capacity Production Price Cost Production Value
Figure 2020-2025 Merck KGaA Octafluoropropane Capacity Production and Growth Rate
Figure 2020-2025 Merck KGaA Octafluoropropane Market Share
Table Peric Information
Table SWOT Analysis of Peric
Table 2020-2025 Peric Octafluoropropane Product Capacity Production Price Cost Production Value
Figure 2020-2025 Peric Octafluoropropane Capacity Production and Growth Rate
Figure 2020-2025 Peric Octafluoropropane Market Share
Table Sichuan Fuhuaxin New Materials Technology Information
Table SWOT Analysis of Sichuan Fuhuaxin New Materials Technology
Table 2020-2025 Sichuan Fuhuaxin New Materials Technology Octafluoropropane Product Capacity Production Price Cost Production Value
Figure 2020-2025 Sichuan Fuhuaxin New Materials Technology Octafluoropropane Capacity Production and Growth Rate
Figure 2020-2025 Sichuan Fuhuaxin New Materials Technology Octafluoropropane Market Share
Table Guangdong Huate Gas Information
Table SWOT Analysis of Guangdong Huate Gas
Table 2020-2025 Guangdong Huate Gas Octafluoropropane Product Capacity Production Price Cost Production Value
Figure 2020-2025 Guangdong Huate Gas Octafluoropropane Capacity Production and Growth Rate
Figure 2020-2025 Guangdong Huate Gas Octafluoropropane Market Share
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