The Global Perfluoroethane Market was valued at USD 748.2 Million in 2025 and is projected to reach USD 1.05 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 5.8% during the forecast period (2024–2029). This expansion is primarily fueled by escalating demand from the semiconductor industry, the urgent need to replace high-GWP Sulfur Hexafluoride (SF6) in electrical applications, and its growing utilization as a specialized refrigerant.

As industries worldwide pivot towards more sustainable and efficient operations, the focus intensifies on the key chemical manufacturers driving innovation in fluorocarbon technology. In this blog, we profile the Top 10 Companies in the Perfluoroethane Industry—a mix of chemical giants, specialized gas producers, and sustainability pioneers shaping the future of this critical market.

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🔟 1. The Chemours Company

Headquarters: Wilmington, Delaware, USA
Key Offering: High-Purity Perfluoroethane (C2F6), Specialty Fluorochemicals

Spun off from DuPont, The Chemours Company is a global leader in titanium technologies and fluoroproducts. Its Fluorochemicals segment is a major producer of high-purity Perfluoroethane, essential for plasma etching and cleaning in semiconductor manufacturing. The company leverages deep R&D capabilities to meet the stringent purity requirements of the electronics industry.

Sustainability & Innovation Initiatives:

• Commitment to reduce fluorinated organic compound emissions by at least 99% by 2030

• Investment in next-generation, lower-GWP fluorocarbon alternatives

• Strong focus on responsible product stewardship and lifecycle management

Download FREE Sample Report:
Perfluoroethane Global Market – View in Detailed Research Report

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9️⃣ 2. Daikin Industries, Ltd.

Headquarters: Osaka, Japan
Key Offering: Perfluoroethane (C2F6), Specialty Fluorinated Gases

Daikin is a world-leading innovator in air conditioning and fluorochemicals. Through its Daikin America subsidiary and global operations, it supplies high-quality Perfluoroethane for semiconductor and display panel production. The company’s strength lies in its integrated fluorine chemical business, from basic chemicals to finished products.

Sustainability & Innovation Initiatives:

• Pioneering research into low-GWP fluorocarbons and natural refrigerants

• Global sustainability vision targeting carbon neutrality by 2050

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8️⃣ 3. Linde plc

Headquarters: Guildford, United Kingdom (operational headquarters)
Key Offering: Electronic Grade Perfluoroethane, Bulk & Cylinder Gas Supply

Linde is a leading global industrial gases and engineering company, serving a vast array of industries. Its Electronics division is a critical supplier of ultra-high-purity Perfluoroethane to semiconductor fabs worldwide. Linde’s extensive production and distribution network ensures reliable supply for critical manufacturing processes.

Sustainability & Innovation Initiatives:

• Investing in carbon capture and efficiency improvements across its operations

• Developing gas abatement solutions to reduce environmental impact at customer sites

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7️⃣ 4. Air Products and Chemicals, Inc.

Headquarters: Allentown, Pennsylvania, USA
Key Offering: Perfluoroethane (C2F6), Electronic Specialty Gases

Air Products is a world-leading industrial gases company with a formidable presence in the electronics industry. It supplies high-purity Perfluoroethane essential for plasma etching silicon and silicon dioxide. The company’s on-site production models at major semiconductor manufacturing hubs provide a secure and efficient supply chain.

Sustainability & Innovation Initiatives:

• Committing over $15 billion in low- and zero-carbon hydrogen projects

• Focus on providing sustainable solutions for the electronics industry supply chain

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6️⃣ 5. Kanto Denka Kogyo Co., Ltd.

Headquarters: Tokyo, Japan
Key Offering: High-Purity Perfluoroethane, Fluorine Gas, SF6

Kanto Denka is a major Japanese chemical company specializing in fluorine compounds. It is a significant producer of Perfluoroethane for the Asian semiconductor market. The company’s expertise spans the entire fluorine value chain, providing a stable supply of high-quality electronic gases.

Sustainability & Innovation Initiatives:

• Development of fluorine gas recovery and recycling technologies

• R&D focused on improving the environmental profile of fluorinated products

Download FREE Sample Report:
Perfluoroethane Global Market – View in Detailed Research Report

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5️⃣ 6. Showa Denko K.K. (Now Resonac Holdings Corporation)

Headquarters: Tokyo, Japan
Key Offering: Electronic Gases including Perfluoroethane

Following its merger, the company now operating as part of Resonac Holdings is a key player in Japan’s chemical sector. It produces a range of electronic gases, including Perfluoroethane, crucial for the semiconductor and flat panel display industries. The company’s strong R&D focus supports advancements in electronics manufacturing.

Sustainability & Innovation Initiatives:

• Integration of operations to enhance resource efficiency and reduce environmental footprint

• Commitment to developing materials for a sustainable society

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4️⃣ 7. Air Liquide S.A.

Headquarters: Paris, France
Key Offering: Perfluoroethane (C2F6), ALIGAL™ & FILTRALITE™ Electronic Gases

Air Liquide is a world leader in gases, technologies, and services for industry and health. Its Electronics division is a major global supplier of Perfluoroethane, offering high-purity grades for advanced node semiconductor manufacturing. The company’s global presence and innovation in gas delivery systems are key differentiators.

Sustainability & Innovation Initiatives:

• ADVANCE strategic plan targeting ESG performance and carbon neutrality

• Investment in biogas, hydrogen, and carbon capture technologies

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3️⃣ 8. Solvay S.A.

Headquarters: Brussels, Belgium
Key Offering: Specialty Fluorochemicals, Fluorinated Gases

Solvay is a leading global supplier of advanced materials and specialty chemicals. Its fluorinated solutions business has the capability to produce Perfluoroethane and related compounds. The company’s focus on high-performance materials positions it well in markets requiring stringent specifications.

Sustainability & Innovation Initiatives:

• Solvay One Planet sustainability roadmap with ambitious 2030 targets

• Innovation driven towards circular economy and sustainable product portfolios

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2️⃣ 9. Honeywell International Inc.

Headquarters: Charlotte, North Carolina, USA
Key Offering: Solstice® and Genetron® Refrigerants, Fluorine-based Specialties

While best known for its aerospace and building technologies, Honeywell is a significant player in advanced materials, including fluorochemicals. Its research capabilities allow for the production of high-value specialty gases like Perfluoroethane. The company’s focus is often on developing environmentally preferable alternatives.

Sustainability & Innovation Initiatives:

• Leadership in developing low-global-warming-potential refrigerants and propellants

• Commitment to carbon neutrality in its operations and facilities by 2035

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1️⃣ 10. Messer Group GmbH

Headquarters: Bad Soden, Germany
Key Offering: Industrial and Specialty Gases, including Perfluoroethane

Messer is one of the world’s largest privately managed industrial gas companies. It supplies Perfluoroethane and other electronic specialty gases to various industrial sectors across Europe, Asia, and the Americas. The company’s regional expertise and customer-focused approach make it a reliable partner.

Sustainability & Innovation Initiatives:

• Focus on energy-efficient production technologies and sustainable mobility solutions

• Implementation of comprehensive environmental management systems across its global sites

Read Full Report:
Perfluoroethane Global Market – View in Detailed Research Report

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🔬 Outlook: The Future of Perfluoroethane Is Driven by Technological and Regulatory Dynamics

The Perfluoroethane market is at a critical juncture. While demand from the electronics sector remains robust, the industry is simultaneously navigating significant regulatory pressures due to the gas’s high Global Warming Potential (GWP). The future will be shaped by efficiency improvements, emission control technologies, and the development of sustainable alternatives.

📈 Key Trends Shaping the Market:

• Semiconductor Industry Expansion: The global push for chip self-sufficiency and the rise of AI, IoT, and 5G are driving massive investments in new semiconductor fabrication plants, directly boosting Perfluoroethane demand.

• SF6 Replacement in Electrical Equipment: As regulations phase out SF6 (a potent greenhouse gas), Perfluoroethane is being evaluated as a substitute in high-voltage switchgear and other electrical insulation applications, opening new market avenues.

• Advancements in Abatement Systems: Stricter environmental regulations are accelerating the adoption of advanced point-of-use abatement systems in fabs to destroy Perfluoroethane emissions, mitigating its environmental impact.

• R&D into Lower-GWP Alternatives: Major producers are actively researching and developing next-generation fluorocarbon and non-fluorocarbon etching and cleaning agents with improved environmental profiles.

Read Full Report:
Perfluoroethane Global Market – View in Detailed Research Report

The companies listed above are not only supplying a critical industrial material—they are at the forefront of managing its environmental footprint and driving the technological innovation required for a more sustainable electronics and manufacturing ecosystem.