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Sulfur Hexafluoride Market 2021 Is Ready to Set Exceptional Progression in Upcoming Years | Praxair, Linde, Messer

05-12-2023 05:26 PM CET | Science & Education

Press release from: Global Insight Services

Sulfur Hexafluoride Market 2021 Is Ready to Set Exceptional

Sulfur hexafluoride (SF6) is a colorless, odorless, non-toxic, non-flammable gas that is used in a variety of applications. SF6 is most commonly used in electrical equipment, such as circuit breakers and switchgear, because it is an excellent electrical insulator. SF6 is also used in other applications, such as in arc welding and in the production of magnesium metal.

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Key Trends and Drivers

The rising demand for electrical and electronics products is one of the major factors driving the growth of the SF6 market. SF6 is used in electrical equipment such as circuit breakers, switchgear, and gas-insulated substations due to its excellent electrical insulation properties. The growing demand for electricity in developed as well as developing countries is expected to boost the demand for electrical equipment, which in turn is expected to drive the growth of the SF6 market.

The increasing use of SF6 in magnesium production is another factor driving the growth of the SF6 market. SF6 is used as a shielding gas in the production of magnesium by the electrolytic process. The increasing demand for magnesium in the automotive and aerospace industries is expected to boost the demand for SF6.

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SF6 low global warming potential makes it a desirable gas for use in a variety of applications. SF6 has a global warming potential that is approximately 23,900 times lower than that of carbon dioxide (CO2). This low global warming potential makes SF6 an attractive option for use in applications where greenhouse gas emissions need to be minimized.

The low cost of SF6 is another key driver of the SF6 market. SF6 is a by-product of the production of fluorinated gases and is readily available at a low cost. Additionally, the use of SF6 can result in a significant cost savings when compared to other gases used in similar applications.

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Market Segments

By Product

Electronic Grade
UHP Grade
Standard Grade

By Application

Power & Energy
Medical
Metal Manufacturing
Electronics
Others

Key Players

Praxair
Linde
Air Products and Chemicals
Matheson Tri-Gas
Messer
Togas
Solvay
Honeywell
Daikin
Genetron
Fluorochem
Sojitz
Sinochem
Showa Denko
JX Nippon
Asahi Glass

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10-year forecast to help you make strategic decisions
In-depth segmentation which can be customized as per your requirements
Free consultation with lead analyst of the report
Excel data pack included with all report purchases
Robust and transparent research methodology

Groundbreaking research and market player-centric solutions for the upcoming decade according to the present market scenario

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Contact Us:

Global Insight Services LLC
16192, Coastal Highway, Lewes DE 19958
E-mail: info@globalinsightservices.com
Phone: +1-833-761-1700
Website: https://www.globalinsightservices.com/

About Global Insight Services:

Global Insight Services (GIS) is a leading multi-industry market research firm headquartered in Delaware, US. We are committed to providing our clients with the highest quality data, analysis, and tools to meet all their market research needs. With GIS, you can be assured of the quality of the deliverables, robust & transparent research methodology, and superior service.

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