Press release
Sulfur Hexafluoride Market Highlights On Future Development 2031
๐๐ฎ๐ฅ๐๐ฎ๐ซ ๐๐๐ฑ๐๐๐ฅ๐ฎ๐จ๐ซ๐ข๐๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ฎ๐ญ๐ฅ๐จ๐จ๐ค ๐๐๐๐The global sulfur hexafluoride market was valued at US$ 259.6 Mn in 2021
It is estimated to grow at a CAGR of 5.5% from 2022 to 2031
The global sulfur hexafluoride market is expected to reach value of US$ 418.7 Mn by the end of 2031
๐๐ข๐๐ฐ ๐๐จ๐ฆ๐ฉ๐ฅ๐๐ญ๐ ๐๐๐ฉ๐จ๐ซ๐ญ @ https://www.transparencymarketresearch.com/sulfur-hexafluoride-market.html
๐๐ง๐๐ฅ๐ฒ๐ฌ๐ญ๐ฌ' ๐๐ข๐๐ฐ๐ฉ๐จ๐ข๐ง๐ญ ๐จ๐ง ๐๐ฅ๐จ๐๐๐ฅ ๐๐ฎ๐ฅ๐๐ฎ๐ซ ๐๐๐ฑ๐๐๐ฅ๐ฎ๐จ๐ซ๐ข๐๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐๐ง๐๐ซ๐ข๐จ
Companies manufacturing sulfur hexafluoride are focusing on its safe transmission & distribution in electric power systems. In the electric power industry, sulfur hexafluoride (SF6) is used widely in circuit breakers, gas insulated substations, and other gas insulated switchgears that are employed in transmission systems to manage the high voltage carried between generating stations and customer load centers. Sulfur hexafluoride is one of the global warming gases; therefore, manufacturers need to increase their R&D to improve equipment reliability in order to reduce emissions. The electronic grade of sulfur hexafluoride is used in the manufacture of semiconductor devices such as IC (Integrated Circuits), flat panels, photovoltaic panels, and MEMS in the same way that sulfur hexafluoride is used in power transmission and distribution (micro-electro-mechanical-systems). Manufacturers need to tap into the usage of sulfur hexafluoride in semiconductors to boost their revenue streams.
๐๐๐ญ ๐๐๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ซ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ข๐๐ฅ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐๐ง๐ ๐๐ฎ๐ฌ๐ข๐ง๐๐ฌ๐ฌ ๐๐ง๐ญ๐๐ฅ๐ฅ๐ข๐ ๐๐ง๐๐ @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=60285
๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ ๐จ๐ ๐๐ฅ๐จ๐๐๐ฅ ๐๐ฎ๐ฅ๐๐ฎ๐ซ ๐๐๐ฑ๐๐๐ฅ๐ฎ๐จ๐ซ๐ข๐๐ ๐๐๐ซ๐ค๐๐ญ
Sulfur hexafluoride (SF6) is a synthetic fluorinated compound with an extremely stable molecular structure. Electric utilities rely heavily on SF6 in electric power systems for voltage electrical insulation, current interruption, and arc quenching in transmission & distribution of electricity due to its unique dielectric properties. However, it is the most powerful greenhouse gas known to date. SF6 is 22,800 times more effective at trapping infrared radiation than an equivalent amount of carbon dioxide over a 100-year period. SF6 is also a relatively stable molecule, with 3,200-year atmospheric lifespan. The gas remains undamaged for many centuries once released into the atmosphere.
๐๐ง๐ช๐ฎ๐ข๐ซ๐ฒ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ฒ๐ข๐ง๐ @ https://www.transparencymarketresearch.com/sample/sample.php?flag=EB&rep_id=60285
๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐จ๐ ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐ข๐ง ๐๐ฅ๐จ๐๐๐ฅ ๐๐ฎ๐ฅ๐๐ฎ๐ซ ๐๐๐ฑ๐๐๐ฅ๐ฎ๐จ๐ซ๐ข๐๐ ๐๐๐ซ๐ค๐๐ญ
The global sulfur hexafluoride market is consolidated with a small number of large-scale vendors controlling majority of the share. Most of the firms are investing significantly in comprehensive research and development to improve equipment reliability in order to reduce emissions. Diversification of product portfolios and mergers & acquisitions are the key strategies adopted by market players. Solvay, AGC Chemicals, Kanto Denka Kogyo Co.Ltd., Showa Denko K.K., and The Linde Group are some of the prominent entities operating in the global sulfur hexafluoride market.
Each of these players has been profiled in the sulfur hexafluoride market report based on parameters such as company overview, financial overview, business strategies, product portfolio, business segments, and recent developments.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ญ๐ข๐จ๐ง @ https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=60285
๐๐๐จ๐ฎ๐ญ ๐๐ซ๐๐ง๐ฌ๐ฉ๐๐ซ๐๐ง๐๐ฒ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก
Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.
Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers, made possible by experienced teams of Analysts, Researchers, and Consultants. The proprietary data sources and various tools & techniques we use always reflect the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in all of its business reports.
๐๐จ๐ง๐ญ๐๐๐ญ:
Rohit Bhisey
Transparency Market Research Inc.
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