The erbium (iii) tris (6,6,7,7,8,8,8 heptafluoro 2,2 dimethyl 3,5 octanedionate) market is a crucial branch of the advanced materials industry. This industry deals in the manufacturing and distribution of high-quality erbium (iii) complexes across the world. These compounds are denoted by a molecular formula of C10H11F7O2 and CAS number of 17587-22-3. It is available in the market based on purity grades consisting of 99% purity, 99.9% purity, 99.99% purity and 99.999% purity. This market is expected to rise significantly with the growth in the chemicals and materials industry around the globe.
The technological developments in the organometallic compounds industry, coupled with the growing use of these compounds in the photophysics sector, have boosted the market growth. Also, the rising application of erbium (iii) tris (6,6,7,7,8,8,8 heptafluoro 2,2 dimethyl 3,5 octanedionate) in the semiconductor industry, along with increased demand for eco-friendly products is positively impacting the market. Moreover, the increasing application of these compounds in optical material and nanometer material is expected to foster the growth of the erbium (iii) tris (6,6,7,7,8,8,8 heptafluoro 2,2 dimethyl 3,5 octanedionate) market. The rising adoption of these compounds in the automotive and electronics sector is expected to create ample opportunities for the market players in the future.