How will the Growth Unfold for Dielectric Gases Market Leaders: 3M Company, Solvay S.A., The Linde Group, Messer Group, General Electric Company

Extensively utilized as insulating media in switchgears, gas insulated lines, transformers, and other high voltage transmission units, dielectric gases continue to witness significant demand owing to consistently surging electricity consumption worldwide. Future Market Insights, in a new research report on the global dielectric gases market, forecasts a robust revenue growth outlook for market over upcoming years. The dielectric gases marketplace will however reportedly remain a high growth-low value landscape, as indicated by the report.

Some of the key players covered under this study are 3M Company, Solvay S.A., The Linde Group, Messer Group, General Electric Company, ABB Inc., SHOWA DENKO K.K., KPL International Limited, Matheson Tri-Gas, Inc. and Kanto Denka Kogyo Co., Ltd., among others.

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Regional outlook analysis of the global dielectric gases market reveals dominance of European landscape owing to a strong manufacturing base created by a majority of leading global brands in the dielectric gases landscape. Asia Pacific, with a current market value share of over 55%, is however projected to reflect a highly lucrative growth outlook for penetration of dielectric gases in coming years, as indicated by the report.

Growth of Residential & Commercial Sectors Favoring Dielectric Gases Market

The rapidly thriving industrial sector that roughly consumes around 55% of the total generated electricity is slated to create multiple investment opportunities for suppliers of dielectric gases. Soaring demand for medium voltage substations to cater to a growing number of IT establishments, telecom organizations, manufacturing verticals, and data storage banks is foreseen to present attractive windows of opportunities to dielectric gas manufacturers at a global level.

Expanding residential and commercial construction sectors and subsequently rising installations of IT & telecommunication infrastructure, HVAC units, office equipment, and a wide range of civic utilities are accounting for surging per unit consumption of electricity. This is reportedly driving consumption of dielectric gases at a global level, as a majority of application areas continue to opt for dielectric gases as a preferred insulating medium over others.

Critical Demand for SF6 Substitutes to Create Opportunities for Fluoroketones & Fluoronitriles

Among dry air, SF6, nitrogen, fluoroketones, and fluoronitriles, consumption of SF6 currently accounts for maximum share in the global revenue represented by dielectric gases market. “Although SF6 is slated to remain the largest market shareholder in coming years owing to superior functional attributes, the fact that it is one of the key greenhouse gases and has substantial atmospheric lifetime as well as the global warming potential is making room for potential alternatives to SF6, which are relatively less popular in the dielectric gases landscape,” says a senior research analyst at the company. Fluoroketones and fluoronitriles are thus projected to encounter high adoption opportunities in the near future, says the report.

Leading manufacturers of dielectric gases are currently concentrating on R&D of SF substitutes. 3M, pioneering the way, has already been working on the development of an alternative SF6 technology. Though the substitute technology by 3M is currently in the pipeline and is likely to take time for complete commercialization, the dielectric gases market is foreseen to witness more such developments in coming years – creating a new trend wave in global dielectric gases space.

3M Company has been working in collaboration with ABB and GE, for the development of this product, i.e. Novec. The collaborative effort led to introduction of a high potential alternative to SF6 technology, in addition to technology exchange that has added value to the global landscape.

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Besides 3M Company, General Electric Company, and ABB Inc., the report profiles several other prominent companies competing in global marketplace. Some of the players covered in report include Solvay S.A., Messer Group, The Linde Group, SHOWA DENKO K.K., Matheson Tri-Gas, Inc., Kanto Denka Kogyo Co., Ltd., and KPL International Limited.
Dielectric Gases Market Reports - Table of Contents

Executive Summary

Market Outlook

Key Trends

Product Life Cycle Analysis

Market Analysis by Segments

Market Analysis by Region

FMI Analysis and Recommendations

Market Introduction

Market Taxonomy

Market Definition

Market Viewpoint

Macro-Economic Factors

Global Economic Outlook

GDP Growth by Region

Global Industry Value Added Growth

Global Energy Consumption

Global Chemical Industry Overview

Global Oil & Gas In Overview

Construction Industry Outlook

Urbanization Growth Outlook

Electricity Consumption by Railway Industry

Comparison Matrix by Dielectric Fluid Properties

Market Dynamics

Drivers

Restraints

Trends

Opportunities

Value Chain

Forecast Factors: Relevance and Impact

Global Dielectric Gases Market Analysis 2013–2017 and Forecast 2018–2028

Introduction

Market Volume (Tons) Projections

Market Size and Y-o-Y Growth

Absolute $ Opportunity

Global Average Pricing Analysis (US$ Per Ton)

Market Size (US$ Mn) Analysis and Forecast

Historical Market Size Analysis, 2013–2016

Current Market Size Forecast, 2018–2026

Global Dielectric Gases Market Analysis 2013–2017 and Forecast 2018–2028 By Gas Type

Introduction / Key Findings

Historical Market Size (US$ Mn) and Volume (Tons) Analysis By Gas Type, 2013 - 2017

Current Market Size (US$ Mn) and Volume (Tons) Forecast By Gas Type, 2018 - 2028

SF6

Dry Air

Nitrogen

Fluoronitrile (FN)

Fluoroketone (FK)

Others

Market Attractiveness Analysis By Gas Type

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