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Industrial Grade Perfluoroisobutyronitrile Market: Size, Share, Growth, Analysis, Key Players, Revenue, Growth | Valuates Reports
Global Industrial Grade Perfluoroisobutyronitrile MarketPerfluoroisobutyronitrile (C4F7N) is a new type of environmentally friendly insulating and arc extinguishing gas. The Greenhouse Effect Index (GWP) is only 2210, much lower than that of sulfur hexafluoride (GWP=23500). It can be used to replace the traditional sulfur hexafluoride insulating gas and greatly reduce the problem of atmospheric greenhouse effect. Perfluoroisobutyronitrile has been widely concerned by the global electrical industry and has begun to be used. It can be mixed with one or more of CO2, N2, O2, and air, filled into the sealed enclosure of medium-voltage or high-voltage equipment, and used in the electrical components of the solid dielectric layer.
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The global Industrial Grade Perfluoroisobutyronitrile market was valued at US$ 29 million in 2022 and is anticipated to reach US$ 74 million by 2029, witnessing a CAGR of 10.4% during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
North American market for Industrial Grade Perfluoroisobutyronitrile is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.
Asia-Pacific market for Industrial Grade Perfluoroisobutyronitrile is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.
The key global companies of Industrial Grade Perfluoroisobutyronitrile include 3M, Beijing Yuji Science & Technology, Sanming Hexafluo Chemicals and GE, etc. In 2022, the world's top three vendors accounted for approximately % of the revenue.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Industrial Grade Perfluoroisobutyronitrile, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Industrial Grade Perfluoroisobutyronitrile.
The Industrial Grade Perfluoroisobutyronitrile market size, estimations, and forecasts are provided in terms of output/shipments (Tons) and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Industrial Grade Perfluoroisobutyronitrile market comprehensively. Regional market sizes, concerning products by type, by application and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Industrial Grade Perfluoroisobutyronitrile manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by type, by application, and by regions.
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Segment by Type
• Purity 99%
• Purity 99.5%
• Others
Segment by Application
• Semiconductor Manufacturing
• Aerospace Industry
• Chemical Industry
• Others
By Company
• 3M
• Beijing Yuji Science & Technology
• Sanming Hexafluo Chemicals
• GE
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