Hexafluoroethane Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 – 2026 | TMR

Global Hexafluoroethane Market: Introduction

Hexafluoroethane is odorless, insoluble in water, slightly soluble in alcohol, and colorless, inactive gas. Its molecular formula is C2F6. The blend of hexafluoroethane is nonflammable and nontoxic; however, asphyxiation can arise due to displacement of oxygen. Under a sustained exposure to fire or intense heat the containers can rupture violently and rocket. Hexafluoroethane is also known as perfluoroethane. Ethane is the product of all the six hydrogen atoms replaced by fluorine atoms after, halogenated hydrocarbons (chemical formula: C2F6), is also the hydrocarbons ethane corresponding perfluorinated compounds.

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Global Hexafluoroethane Market: Trends & Developments

Demand for hexafluoroethane is increasing due to rise demand from the electrical industry. Increase in use of semiconductor in various electronic goods propels the demand for hexafluoroethane. Moreover, rise in demand for insulating gas is anticipated to propel the hexafluoroethane market. However, hexafluoroethane is harmful for living beings, especially on their reproductive system, inhibits the market. Increase in R&D activities is expected to create opportunity in the market.

Global Hexafluoroethane Market: Segmentation

The global hexafluoroethane market can be segmented based on product type, application, and region. In terms of product type, the hexafluoroethane market can be segregated into 0.99, 0.9, and others. The 0.99 segment accounted for a major share of hexafluoroethane market due to their wide application range in industry. Based on application, the hexafluoroethane market can be divided into insulating gasses, plasma etching agents, high dielectric strength coolants, and others. Among these applications, the growing demand for hexafluoroethane in dielectric strength coolant, and insulating gas is majorly driving the market growth. Hexafluoroethane is used as a versatile etchant in semiconductor manufacturing. It can be used for selective etching of metal silicides and oxides versus their metal substrates and for etching of silicon dioxide over silicon. Primary aluminum and semiconductor manufacturing industries are the major drivers of hexafluoroethane.

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Global Hexafluoroethane Market: Key Players

Key players operating in the global hexafluoroethane market are Air Products & Chemicals Inc, Huate Gas, Electronic Fluorocarbons LLC, Versum Materials, ARCAD Ophtha, Praxair, Linde (BOC), Daikin America, Inc., Solvay S.A., DuPont, and 3M.

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