PERFLUOROPROPANE

Market Intelligence, Analysis, and Forecast for Octafluoropropane (C3F8)

I. Market Intelligence

Price Information
- As of June 22, 2026, the market average price for electronic-grade octafluoropropane with a purity of 99.999% stands at approximately RMB 580,000 per metric ton. Quotations vary among suppliers; some offer price negotiation (“subject to discussion”) depending on specific transaction terms—including credit terms, logistics costs, brand premium, regional price differentials, etc.

Production Capacity and Output
- Domestic Capacity Expansion:
Dongyue Lüling Technology Co., Ltd. (Shandong) has submitted an Environmental Impact Assessment (EIA) application for its “500-ton-per-year fluorinated electronic specialty gases project,” which includes a 100-ton-per-year electronic-grade octafluoropropane production line.
Sichuan Zhongqi New Materials Technology Co., Ltd. has completed the independent environmental protection acceptance for Phase I of its “13,000-ton-per-year high-purity electronic-grade gas project.” Phase II—incorporating an octafluoropropane production line—is under steady construction.
- Global Capacity Distribution: Due to high technical barriers and production costs, global manufacturing of electronic-grade octafluoropropane is concentrated in developed countries and regions, primarily Japan, South Korea, and Europe–North America. Leading global producers include Linde plc (UK), Messer Group GmbH (Germany), and Showa Denko K.K. (Japan).

Market Demand
- Semiconductor Industry Demand: With integrated circuit (IC) fabrication advancing toward smaller process nodes, demand for electronic-grade octafluoropropane in the semiconductor sector continues to grow steadily. Logic chip manufacturing accounts for ~45% of total demand, while memory chips represent ~35%. The evolution toward 3 nm and sub-3 nm gate-all-around (GAA) architectures, alongside 3D NAND stacking exceeding 232 layers, is driving explosive growth in demand for ultra-high-purity octafluoropropane (≥7N, i.e., ≥99.99999%) required for atomic layer etching (ALE) processes.
- Regional Demand Distribution: The Yangtze River Delta region—benefiting from a mature industrial cluster—accounts for 52% of China’s national market share. The Pearl River Delta, Beijing-Tianjin-Hebei, and Chengdu-Chongqing regions provide complementary support through specialized processes and capacity expansion.

Import/Export Status
- China remains heavily dependent on imports of electronic-grade octafluoropropane. However, as domestic production capacity expands and technological capabilities improve, import dependency is expected to gradually decline.

II. Analysis and Judgment

Price Trend
- Short-term: Given the high technical difficulty and production cost of electronic-grade octafluoropropane, coupled with stable and growing demand, prices are expected to remain relatively stable in the near term—though minor fluctuations may occur due to supplier pricing strategies, logistics costs, and other factors.
- Long-term: As domestic production capacity comes online progressively and technology advances, supply capability will strengthen, leading to more rationalized pricing. Nevertheless, owing to the high technical barriers associated with ultra-high-purity products and continued robust demand growth, substantial price declines are unlikely.

Supply–Demand Dynamics
- Supply Side: Ongoing domestic capacity expansion initiatives are proceeding steadily, significantly enhancing domestic supply capacity. Concurrently, major global suppliers are also expanding capacity to maintain market equilibrium.
- Demand Side: Rapid development of the semiconductor industry—and continuous advancement of IC process nodes—will sustain strong demand growth. Additionally, emerging applications—including third-generation semiconductors (e.g., SiC, GaN), advanced packaging, AI chips, and high-performance computing—are poised to become significant new demand drivers.
- Supply–Demand Balance: In the short term, the market is expected to remain relatively tight; however, the gradual ramp-up of domestic capacity will progressively alleviate supply constraints.

III. Forecast

Market Size
- China’s electronic-grade octafluoropropane market size is projected to reach RMB 1.86 billion in 2026, representing a year-on-year growth of 14.8%. By 2031, it is expected to exceed RMB 3.25 billion.

Demand Growth
- Semiconductor Industry: Continued adoption of 3 nm and sub-3 nm process technologies, along with advances in advanced packaging, will drive sustained demand growth for electronic-grade octafluoropropane.
- Emerging Application Areas: Third-generation semiconductors, advanced packaging, AI chips, and high-performance computing industries will serve as critical new engines for demand growth.

Technological Development
- Purity Enhancement: Surging demand for ultra-high-purity products (>99.999%)—to meet requirements of 3 nm and below process nodes—will accelerate upward revisions to purity standards.
- Process Innovation: Novel manufacturing processes—such as the patented technology developed by Fujian Del Technology Co., Ltd.—offer improved safety and reduced energy consumption during production, demonstrating strong potential for broader industrial adoption.