Boron Trifluoride and Complexes Market: Catalyst Application Segment to Lead in Terms of Market Share During the Forecast Period: Global Industry Analysis 2012 - 2016 and Opportunity Assessment 2017 - 2027

  • Published: 2018-01-16
  • Report Code: REP-GB-4067

An Incisive, In-depth Analysis on the Boron Trifluoride Market

This study offers a comprehensive, 360 degree analysis on the Boron Trifluoride market, bringing to fore insights that can help stakeholders identify the opportunities as well as challenges. It tracks the global Boron Trifluoride market across key regions, and offers in-depth commentary and accurate quantitative insights. The study also includes incisive competitive landscape analysis, and provides key recommendations to market players on winning imperatives and successful strategies.

Focus on applying eco-friendly methods for the production of boron trifluoride to reduce adverse effects on the environment

The global boron trifluoride and complexes market is relatively consolidated with players such as HoneywellInternational Inc., Navin Fluorine International (India) and Stella-ChemifaCorporation (Japan) leading the market. These are dominant manufacturers of gas in theirrespective regions. Manufacturers are focussing on applying eco-friendly methods for the production of boron trifluoride, thus reducing any adverse impact on the environment. Asia Pacific is anticipated to hold a dominant share in the global boron trifluoride and complexes market throughout the forecast period, both in terms of production and consumption. Among the product types, BF3 gas is anticipated to hold a dominant share throughout the forecast period. However, complexes are projected to expand with significant CAGR owing to the relative ease of handling associated with their use.

Significant growth in the petrochemical industry across the globe driving market demand for BF3 gas

Tremendous growth has been witnessed in hydrocarbons synthesis and other chemicals that employ BF3 as a major catalyst during reaction. Growth in the oil & gas and petrochemical industries is one of the significant reasons behind the development of hydrocarbons synthesis. This factor is contributing to the growth of the global market for boron trifluoride and complexes. The Europe regional market is expected to grab almost 20% share in the global production of plastic. This region has a large number of polymer production companies that use BF3 for isomerisation, polymerisation and other organic synthesis. An increasing demand for BF3 and its complexes is expected to lead to tremendous growth in the global boron trifluoride and complexes market.

Boron trifluoride is used as an intermediate and catalyst for the manufacture of many pharmaceutical drugs (especially antibiotics) or to accelerate or decelerate the reaction rate.

There have been significant investments in the setting up of new production plants for pharmaceutical manufacturing in India. The cost of setting up of production plants in India is 40% lower as compared to Western countries. This particular factor is boosting the growth of the global boron trifluoride and complexes market in the Asia Pacific region.

Polymer and petrochemicals, agrochemicals and pharmaceuticals by far were considered as the largest application area for boron trifluoride. However, over the last few years, boron trifluoride has also been used in other applications such as flavors and fragrances, nuclear power energy and also as an important catalyst in the manufacturing of semiconductors and solar cells. The use of boron trifluoride and its complexes for such applications and industries is anticipated to boost global market demand over the forecast period.”

--- Senior Research Analyst (Chemicals), Future Market Insights

Catalyst application segment gaining traction in the global market owing to significant properties of the final product

Boron trifluoride finds application as a catalyst in a diverse range of chemical reactions such as isomerisation, alkylation, polymerisation, esterfication, condensation, cyclization, hydration dehydration, sulfonation, desulphurisation, nitration, halogenation oxidation and acylation. In terms of revenue, the catalyst segment is projected to witness significant growth over the forecast period while expanding at a CAGR of 5.5% during 2017 – 2027. Growth of the polymers and petrochemicals industry is anticipated to lead to an increase in the consumption of boron trifluoride for applications as a catalyst. 

In this report, we have examined the global boron trifluoride & complexes market in detail and have offered our unique perspective and assumptions on this market. Pricing analysis, value chain analysis and list of active key participants are some of the other key components covered in this report. To present a clear picture of the market to our clients our analysts have conducted extensive research and provided detailed information on the market size, forecast, drivers, restraints, trends and opportunities of all the seven regions that have been covered in this report. Apart from regional insights, we have also given comprehensive information on various segments and sub-segments of the market. For the better understanding of the entire market, we have divided the market based on grade, application, product, and region. 

Report Structure

This report presents global boron trifluoride & complexes market overview, market size and forecast, Y-o-Y growth and absolute $ opportunity.  The analysts have taken a 3600 view of the market dynamics and have also studied the various micro-economic factors, supply and demand side drivers, restraints, opportunities and key trends that are likely to impact the global boron trifluoride & complexes market. Another section of the report consists of market definition and taxonomy. Product-wise Weighted Average Selling Price (ASP) has been considered to deduce market values. Top-down approach has been used to assess market numbers for each product category, while bottom-up approach has been used to counter validate the market estimations. We have collected important data points from sources such as World Bank and various companies’ annual and financial reports while forecasting this market.  

Key market splits have been deduced from various surveys and primary research. At the end of the report, we have provided key strategic recommendation for both existing and new market players to emerge sustainably profitable.

Market Segmentation

By Type

By End Use

By Region

By Application

  • BF3 (Gas)

  • BF3 Tetrahydrofuran Complex

  • BF3 Methanol Complex

  • BF3 Diethyl Etherate Complex

  • BF3 Acetonitrile Complex

  • Others

  • Polymer and Petrochemicals

  • Pharmaceuticals

  • Electronics

  • Agrochemicals

  • Others

  • North America

  • Latin America and Middle East and Africa (LAMEA)

  • Eastern Europe

  • Western Europe

  • Asia Pacific Excluding Japan (APEJ)

  • Japan

  • Catalyst

  • Chemical Intermediate

  • Others

Research Methodology

Each primary interview is thoroughly analysed and average market volume is deduced and reconfirmed prior to incorporating in the report. The price of boron trifluoride & complexes is deduced on the basis of the chemical type, where the average price of each boron trifluoride & complexes type is inferred across all the seven assessed regions. The market value of the global boron trifluoride & complexes market is thus calculated from the data deduced from the average selling price and market volume.

For the 10-year forecast of the global boron trifluoride & complexes market, various macroeconomic factors and changing trends have been observed, giving an idea about the future of this market. Other important factors considered to arrive at market forecast include the size of the current market, inputs from the supply side and the demand side and other dynamics shaping the scenario of the market. In the compilation of the report, the forecasts are conducted in terms of CAGR, while other important criteria such as year-on-year growth and absolute dollar opportunity have also been incorporated presenting the reader with useful insights and future opportunities likely to emerge in the global boron trifluoride & complexes market.

Boron Trifluoride Market Reports - Table of Contents

Boron Trifluoride Market Reports - List of Tables

Table 01: Global Boron Trifluoride & Complexes Size (US$ Mn) and Volume (Tons) Forecast by Type, 2012 – 2027

Table 02: Global Boron Trifluoride & Complexes Size (US$ Mn) and Volume (Tons) Forecast by Application, 2012 – 2027

Table 03: Global Boron Trifluoride & Complexes Size (US$ Mn) and Volume (Tons) Forecast by End Use Industry, 2012 – 2027

Table 04: Global Boron Trifluoride & Complexes Size (US$ Mn) and Volume (Tons) Forecast by Region, 2012 – 2027

Table 05: North America Boron Trifluoride & Complexes Size (US$ Mn) and Volume (Tons) Forecast by Country, 2012 – 2027

Table 06: North America Boron Trifluoride & Complexes Size (US$ Mn) and Volume (Tons) Forecast by Type , 2012 – 2027

Table 07: North America Boron Trifluoride & Complexes Size (US$ Mn) and Volume (Tons) Forecast by Application , 2012 – 2027

Table 08: North America Boron Trifluoride & Complexes Size (US$ Mn) and Volume (Tons) Forecast by End Use Industry, 2012 – 2027

Table 13: Western Europe Boron Trifluoride & Complexes Size (US$ Mn) and Volume (Tons) Forecast by Country, 2012 – 2027

Table 14: Western Europe Boron Trifluoride & Complexes Size (US$ Mn) and Volume (Tons) Forecast by Type , 2012 – 2027

Table 15: Western Europe Boron Trifluoride & Complexes Size (US$ Mn) and Volume (Tons) Forecast by Application , 2012 – 2027

Table 16: Western Europe Boron Trifluoride & Complexes Size (US$ Mn) and Volume (Tons) Forecast by End Use Industry, 2012 – 2027

Table 17: Eastern Europe Boron Trifluoride & Complexes Size (US$ Mn) and Volume (Tons) Forecast by Country, 2012 – 2027

Table 18: Eastern Europe Boron Trifluoride & Complexes Size (US$ Mn) and Volume (Tons) Forecast by Type , 2012 – 2027

Table 19: Eastern Europe Boron Trifluoride & Complexes Size (US$ Mn) and Volume (Tons) Forecast by Application , 2012 – 2027

Table 20: Eastern Europe Boron Trifluoride & Complexes Size (US$ Mn) and Volume (Tons) Forecast by End Use Industry, 2012 – 2027

Table 21: APEJ Boron Trifluoride & Complexes Size (US$ Mn) and Volume (Tons) Forecast by Country, 2012 – 2027

Table 22: APEJ Boron Trifluoride & Complexes Size (US$ Mn) and Volume (Tons) Forecast by Type , 2012 – 2027

Table 23: APEJ Boron Trifluoride & Complexes Size (US$ Mn) and Volume (Tons) Forecast by Application , 2012 – 2027

Table 24: APEJ Boron Trifluoride & Complexes Size (US$ Mn) and Volume (Tons) Forecast by End Use Industry, 2012 – 2027

Table 25: Japan Boron Trifluoride & Complexes Size (US$ Mn) and Volume (Tons) Forecast by Type , 2012 – 2027

Table 26: Japan Boron Trifluoride & Complexes Size (US$ Mn) and Volume (Tons) Forecast by Application , 2012 – 2027

Table 27: Japan Boron Trifluoride & Complexes Size (US$ Mn) and Volume (Tons) Forecast by End Use Industry, 2012 – 2027

Table 28: LAMEA Boron Trifluoride & Complexes Size (US$ Mn) and Volume (Tons) Forecast by Country, 2012 – 2027

Table 29: LAMEA Boron Trifluoride & Complexes Size (US$ Mn) and Volume (Tons) Forecast by Type , 2012 – 2027

Table 30: LAMEA Boron Trifluoride & Complexes Size (US$ Mn) and Volume (Tons) Forecast by Application , 2012 – 2027

Table 31: LAMEA Boron Trifluoride & Complexes Size (US$ Mn) and Volume (Tons) Forecast by End Use Industry, 2012 – 2027

Boron Trifluoride Market Reports - List of Figures

Figure 01: Global Historical Boron Trifluoride & Complexes Size (US$ Mn) and Volume (Tons) Analysis, 2012-2016

Figure 02: Global Current and Future Boron Trifluoride & Complexes Size (US$ Mn) and Volume (Tons) Analysis, 2017-2027

Figure 03: Global Boron Trifluoride & Complexes Historical Value (US$ Mn), 2012 – 2016

Figure 04: Global Boron Trifluoride & Complexes Value (US$ Mn) and Y-o-Y Growth Forecast, 2017 – 2027

Figure 05: Global Boron Trifluoride & Complexes Absolute $ Opportunity, 2016 – 2027

Figure 06: Global Boron Trifluoride & Complexes Share and BPS Analysis By Type– 2012, 2017 & 2027

Figure 07: Global Boron Trifluoride & Complexes Y-o-Y (%) Growth Projections By Type, 2012 - 2027

Figure 08: Global Boron Trifluoride & Complexes Absolute $ Opportunity (US$ Mn), 2016–2027, by Type

Figure 09: Global Boron Trifluoride & Complexes Attractiveness Analysis by Type, 2017–2027 

Figure 10: Global Boron Trifluoride & Complexes Share and BPS Analysis By Application– 2012, 2017 & 2027

Figure 11: Global Boron Trifluoride & Complexes Y-o-Y (%) Growth Projections By Application, 2016 - 2027

Figure 12: Global Boron Trifluoride & Complexes Absolute $ Opportunity (US$ Mn), 2016–2027, by Application

Figure 13: Global Boron Trifluoride & Complexes Attractiveness Analysis by Application, 2017–2027 

Figure 14: Global Boron Trifluoride & Complexes Share and BPS Analysis By End Use Industry– 2012, 2017 & 2027

Figure 15: Global Boron Trifluoride & Complexes Y-o-Y (%) Growth Projections By End Use Industry, 2016 - 2027

Figure 16: Global Boron Trifluoride & Complexes Absolute $ Opportunity (US$ Mn), 2016–2027, by End Use Industry

Figure 17: Global Boron Trifluoride & Complexes Attractiveness Analysis by End Use Industry, 2017–2027

Figure 18: Global Boron Trifluoride & Complexes Share and BPS Analysis By Region – 2012, 2017 & 2027

Figure 19: Global Boron Trifluoride & Complexes Y-o-Y (%) Growth Projections By Region , 2016 - 2027

Figure 20: Global Boron Trifluoride & Complexes Absolute $ Opportunity (US$ Mn), 2016–2027, by Region

Figure 21: Global Boron Trifluoride & Complexes Attractiveness Analysis by Regions,  2017–2025 

Figure 22: North America Boron Trifluoride & Complexes Share and BPS Analysis by Country– 2012, 2017 & 2027

Figure 23: North America Boron Trifluoride & Complexes Y-o-Y Growth Projection by Country, 2016 – 2027

Figure 24: North America Boron Trifluoride & Complexes Absolute $ Opportunity (US$ Mn), 2016–2027, by Country

Figure 25: North America Boron Trifluoride & Complexes Share and BPS Analysis by Type– 2012, 2017 & 2027

Figure 26: North America Boron Trifluoride & Complexes Y-o-Y Growth Projection by Type, 2016 – 2027

Figure 27: North America Boron Trifluoride & Complexes Share and BPS Analysis by Application– 2012, 2017 & 2027

Figure 28: North America Boron Trifluoride & Complexes Y-o-Y Growth Projection by Application, 2016 – 2027

Figure 29: North America Boron Trifluoride & Complexes Share and BPS Analysis by End Use Industry– 2012, 2017 & 2027

Figure 30: North America Boron Trifluoride & Complexes Y-o-Y Growth Projection by End Use Industry, 2016 – 2027

Figure 31: North America Boron Trifluoride & Complexes Attractiveness Analysis by Country, 2017

Figure 33: North America Boron Trifluoride & Complexes Attractiveness Analysis by Application, 2017

Figure 32: North America Boron Trifluoride & Complexes Attractiveness Analysis by Type, 2017

Figure 34: North America Boron Trifluoride & Complexes Attractiveness Analysis by End Use Industry, 2017

Figure 35: Western Europe Boron Trifluoride & Complexes Share and BPS Analysis by Country– 2012, 2017 & 2027

Figure 36: Western Europe Boron Trifluoride & Complexes Y-o-Y Growth Projection by Country, 2016 – 2027

Figure 37: Western Europe Boron Trifluoride & Complexes Absolute $ Opportunity (US$ Mn), 2016–2027, by Country

Figure 38: Western Europe Boron Trifluoride & Complexes Share and BPS Analysis by Type– 2012, 2017 & 2027

Figure 39: Western Europe Boron Trifluoride & Complexes Y-o-Y Growth Projection by Type, 2016 – 2027

Figure 40: Western Europe Boron Trifluoride & Complexes Share and BPS Analysis by Application– 2012, 2017 & 2027

Figure 41: Western Europe Boron Trifluoride & Complexes Y-o-Y Growth Projection by Application, 2016 – 2027

Figure 42: Western Europe Boron Trifluoride & Complexes Share and BPS Analysis by End Use Industry– 2012, 2017 & 2027

Figure 43: Western Europe Boron Trifluoride & Complexes Y-o-Y Growth Projection by End Use Industry, 2016 – 2027

Figure 44: Western Europe Boron Trifluoride & Complexes Attractiveness Analysis by Country, 2017

Figure 46: Western Europe Boron Trifluoride & Complexes Attractiveness Analysis by Application, 2017

Figure 45: Western Europe Boron Trifluoride & Complexes Attractiveness Analysis by Type, 2017

Figure 47: Western Europe Boron Trifluoride & Complexes Attractiveness Analysis by End Use Industry, 2017

Figure 48: Eastern Europe Boron Trifluoride & Complexes Share and BPS Analysis by Country– 2012, 2017 & 2027

Figure 49: Eastern Europe Boron Trifluoride & Complexes Y-o-Y Growth Projection by Country, 2016 – 2027

Figure 50: Eastern Europe Boron Trifluoride & Complexes Absolute $ Opportunity (US$ Mn), 2016–2027, by Country

Figure 51: Eastern Europe Boron Trifluoride & Complexes Share and BPS Analysis by Type– 2012, 2017 & 2027

Figure 52: Eastern Europe Boron Trifluoride & Complexes Y-o-Y Growth Projection by Type, 2016 – 2027

Figure 53: Eastern Europe Boron Trifluoride & Complexes Share and BPS Analysis by Application– 2012, 2017 & 2027

Figure 54: Eastern Europe Boron Trifluoride & Complexes Y-o-Y Growth Projection by Application, 2016 – 2027

Figure 55: Eastern Europe Boron Trifluoride & Complexes Share and BPS Analysis by End Use Industry– 2012, 2017 & 2027

Figure 56: Eastern Europe Boron Trifluoride & Complexes Y-o-Y Growth Projection by End Use Industry, 2016 – 2027

Figure 57: Eastern Europe Boron Trifluoride & Complexes Attractiveness Analysis by Country, 2017

Figure 59: Eastern Europe Boron Trifluoride & Complexes Attractiveness Analysis by Application, 2017

Figure 58: Eastern Europe Boron Trifluoride & Complexes Attractiveness Analysis by Type, 2017

Figure 60: Eastern Europe Boron Trifluoride & Complexes Attractiveness Analysis by End Use Industry, 2017

Figure 61: APEJ Boron Trifluoride & Complexes Share and BPS Analysis by Country– 2012, 2017 & 2027

Figure 62: APEJ Boron Trifluoride & Complexes Y-o-Y Growth Projection by Country, 2016 – 2027

Figure 63: APEJ Boron Trifluoride & Complexes Absolute $ Opportunity (US$ Mn), 2016–2027, by Country

Figure 64: APEJ Boron Trifluoride & Complexes Share and BPS Analysis by Type– 2012, 2017 & 2027

Figure 65: APEJ Boron Trifluoride & Complexes Y-o-Y Growth Projection by Type, 2016 – 2027

Figure 66: APEJ Boron Trifluoride & Complexes Share and BPS Analysis by Application– 2012, 2017 & 2027

Figure 67: APEJ Boron Trifluoride & Complexes Y-o-Y Growth Projection by Application, 2016 – 2027

Figure 68: APEJ Boron Trifluoride & Complexes Share and BPS Analysis by End Use Industry– 2012, 2017 & 2027

Figure 69: APEJ Boron Trifluoride & Complexes Y-o-Y Growth Projection by End Use Industry, 2016 – 2027

Figure 70: APEJ Boron Trifluoride & Complexes Attractiveness Analysis by Country, 2017

Figure 72: APEJ Boron Trifluoride & Complexes Attractiveness Analysis by Application, 2017

Figure 71: APEJ Boron Trifluoride & Complexes Attractiveness Analysis by Type, 2017

Figure 73: APEJ Boron Trifluoride & Complexes Attractiveness Analysis by End Use Industry, 2017

Figure 74: Japan Boron Trifluoride & Complexes Share and BPS Analysis by Type– 2012, 2017 & 2027

Figure 75: Japan Boron Trifluoride & Complexes Y-o-Y Growth Projection by Type, 2016 – 2027

Figure 76: Japan Boron Trifluoride & Complexes Share and BPS Analysis by Application– 2012, 2017 & 2027

Figure 77: Japan Boron Trifluoride & Complexes Y-o-Y Growth Projection by Application, 2016 – 2027

Figure 78: Japan Boron Trifluoride & Complexes Share and BPS Analysis by End Use Industry– 2012, 2017 & 2027

Figure 79: Japan Boron Trifluoride & Complexes Y-o-Y Growth Projection by End Use Industry, 2016 – 2027

Figure 80: Japan Boron Trifluoride & Complexes Attractiveness Analysis by Application, 2017

Figure 81: Japan Boron Trifluoride & Complexes Attractiveness Analysis by Type, 2017

Figure 82: Japan Boron Trifluoride & Complexes Attractiveness Analysis by End Use , 2017

Figure 83: LAMEA Boron Trifluoride & Complexes Share and BPS Analysis by Country– 2012, 2017 & 2027

Figure 84: LAMEA Boron Trifluoride & Complexes Y-o-Y Growth Projection by Country, 2016 – 2027

Figure 85: LAMEA Boron Trifluoride & Complexes Absolute $ Opportunity (US$ Mn), 2016–2027, by Country

Figure 86: LAMEA Boron Trifluoride & Complexes Share and BPS Analysis by Type– 2012, 2017 & 2027

Figure 87: LAMEA Boron Trifluoride & Complexes Y-o-Y Growth Projection by Type, 2016 – 2027

Figures represent the LAMEA Boron Trifluoride & Complexes BPS and market Y-o-Y Growth (%), by type, over the forecast period

Figure 88: LAMEA Boron Trifluoride & Complexes Share and BPS Analysis by Application– 2012, 2017 & 2027

Figure 89: LAMEA Boron Trifluoride & Complexes Y-o-Y Growth Projection by Application, 2016 – 2027

Figure 90: LAMEA Boron Trifluoride & Complexes Share and BPS Analysis by End Use Industry– 2012, 2017 & 2027

Figure 91: LAMEA Boron Trifluoride & Complexes Y-o-Y Growth Projection by End Use Industry, 2016 – 2027

Figures represent the LAMEA Boron Trifluoride & Complexes BPS and market Y-o-Y Growth (%), by end use industry, over the forecast period

Figure 92: LAMEA Boron Trifluoride & Complexes Attractiveness Analysis by Country, 2017

Figure 94: LAMEA Boron Trifluoride & Complexes Attractiveness Analysis by Application, 2017

Figure 93: LAMEA Boron Trifluoride & Complexes Attractiveness Analysis by Type, 2017

Figure 95: LAMEA Boron Trifluoride & Complexes Attractiveness Analysis by End Use Industry, 2017

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