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Sulfur Hexafluoride Market Size to register extensive growth via metal manufacturing end-users sector

Author : Ronak Bora | Published Date : 2019-07-01 

According to end-users, the sulfur hexafluoride market is segmented into power & energy, electronics, metal manufacturing, medical, and others such as glass manufacturing, etc. Power & energy is likely to be a major end-user segment owing to the high product consumption as a dielectric. Electronics and metal manufacturing end-user segments will also be key industries that will drive the global market growth.

Based on application, the market is segmented as dielectric, etchant, inert gas, and other applications such as sound insulation, tracer gas, etc. Dielectric is likely to be a major application segment that will drive the global sulfur hexafluoride market growth. Etchant application segment will also account for a substantial share of the global market.

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Sulfur Hexafluoride Market size is anticipated to grow at a significant CAGR during the forecast timeframe. Sulfur hexafluoride (SF6).is a non-toxic, inert, potent greenhouse gas having excellent electrical insulation property. Its principal uses are as an insulating and arc interrupting gas in the power transmission & distribution industry and as an etching agent in the electronics & semiconductor industry. High growth in the power generation sector coupled with rising demand for electronic gadgets will be the major reasons behind the sulfur hexafluoride market development in coming years.

Sulfur hexafluoride is colorless and odourless, is five times heavier than air and has a high dielectric strength and thermal stability. The product has strong electronegativity both at room temperature and at temperatures above the ambient. It has good heat transfer properties and produces no carbon, polymerisation, or other conductive deposits at the time of arcing. Sulfur hexafluoride is also compatible with a large number of solid conducting and insulating materials employed in electrical equipment. These properties make it an ideal product to be used for electrical insulation and arc quenching applications.

The proliferation of the global power generation industry will be a major growth enabler for the sulfur hexafluoride market. The product is extensively used in circuit breakers and switchgears as an arc quenching medium. The product also acts as an electric insulation for the electrical components. High-voltage cables, transducers, transformers, particle and electron accelerators, UHF transmission systems, and X-ray equipment are other electrical components that employ the product as an electrical insulation and arc quencher. High growth in the power generation sector in developing countries will augment the sulfur hexafluoride market. Increasing installation of renewable power generation plants across the globe will also propel product demand for use as electric insulator.

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Major manufacturers of sulfur hexafluoride include Honeywell, Solvay, Linde Group, Matheson Tri-Gas, Praxair, Suzhou Jinhong Gas Company, American Gas Products, Concorde Specialty Gases, WestAir, Electronic Fluorocarbons, Airgas, etc.

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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for Fractovia.org and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. He can be contacted at- [email protected] | https://twitter.com/RonakBora26

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