The market was valued at US$ 221.69 million in 2018 and is anticipated to reach US$ 354.04 million by 2027, growing at a CAGR of 5.4% from 2019 to 2027. This is according to our most recent market study, "COVID-19 Impact and Global Sulfur Hexafluoride Market to 2027 - Analysis by Grade (Electronic Grade, UHP Grade, and Standard Grade), End User (Power and Energy, Electronics, Metal Manufacturing, Medical, and Others), and Ge The study identifies important market growth drivers and prominent industry players, as well as their recent product advancements.

 

The exceptional cooling and insulating capabilities of sulphur hexafluoride are provided by its high dielectric strength and thermal stability. One of the main factors propelling the market's expansion is the substance's use as a dielectric medium in capacitors, switchgear, circuit breakers, and other electric appliances. Sulfur hexafluoride saves space in equipment, reduces weight, and ensures operating safety when used in place of other traditional dielectric media. Through sulphur hexafluoride medium, heat transport is effectively enabled by the medium's low viscosity and high molar heat capacity. In addition, it retains its gas form at low temperatures and is chemically inert, nonflammable, nontoxic, and noncorrosive, all of which contribute to the material's growing popularity in the electrical sector.

 

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The powerful greenhouse gas sulphur hexafluoride (SF6) is non-toxic, inert, and has excellent electrical insulating properties. This gas has no colour or smell, is five times heavier than air, and has excellent thermal stability and dielectric properties. With greater government backing and investments, the industrial sector is being improved and strengthened in developing nations, which is predicted to raise demand for gas across a variety of industrial sectors. The power, energy, electrical, medical, aerospace, and meteorology industries, among others, all have considerable need for sulphur hexafluoride.

The US, Brazil, Russia, India, Italy, the UK, Iran, and Spain are just a few of the nations where the COVID-19 pandemic has had an impact on the economy and industries. As a result of the lockdowns imposed in several nations to stop the spread of the disease, one of the world's major businesses, chemicals and materials, is experiencing substantial disruptions in the form of supply chain interruptions, cancelled events, and office closures. China is the centre of the world's manufacturing, the biggest provider of raw materials to many industries, and one of the nations most severely impacted by the COVID-19 pandemic. The lockout of several facilities and plants in China has a negative effect on global supply chains and the production and sale of numerous chemicals and commodities. These issues could limit the expansion of various markets.

Fujian ShaowuYongfei Chemical Co., Ltd;SHOWA DENKO K.K.;Chemix Gases;Solvay S.A;Kanto Denka Kogyo Co., Ltd;Air Liquide;Concorde Specialty Gases Inc;Iwatani Corporation;Linde plc;and Matheson Tri-Gas, Inc.; are among the well-established players in the global sulfur hexafluoride market.

The report includes the segmentation of the global sulfur hexafluoridemarket as follows:


Sulfur HexafluorideMarket, by Grade

  • Electronic Grade
  • UHP Grade
  • Standard Grade

Sulfur Hexafluoride Market, by End User

  • Power and Energy
  • Electronics
  • Metal Manufacturing
  • Medical
  • Others

Sulfur Hexafluoride Market, by Geography

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Russia
    • Rest of Europe
  • Asia Pacific (APAC)
    • Australia
    • China
    • India
    • Japan
    • South Korea
    • Rest of Asia Pacific
  • Middle East and Africa (MEA)
    • South Africa
    • Saudi Arabia
    • UAE
    • Rest of MEA

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The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.

 

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