ACCESS Newswire
02 Apr 2020, 20:31 GMT+10
Companies active in the sulfur hexafluoride industry are increasingly using sulfur hexafluoride for the production of high voltage circuit breakers, switchgears, and gas insulated components to meet the massive demand of the electronics sector.
DUBAI, UAE / ACCESSWIRE / April, 2, 2020 / The sulfur hexafluoride market is projected to grow at a healthy CAGR of 5.8% during the forecast period (2019-2029). A significant increase in demand for variegated applications in the electronics sectors is a primary factor driving the sales of sulfur hexafluoride. Emerging players are investing in multiple business strategies including product development and strategic collaborations to set a strong foundation in the market. The rising demand from the medical industry will continue to boost growth of sulfur hexafluoride market, reveals Future Market Insights (FMI).
'Key players will adopt multipronged strategies including joint ventures and product innovations. These strategies are key to strengthening their foundation in the global sulfur hexafluoride market,' says the FMI analyst.
Request report sample with 250+ pages to gain in-depth market insights at https://www.futuremarketinsights.com/reports/sample/rep-gb-11177
Sulfur Hexafluoride Market - Key Takeaways
Sulfur Hexafluoride Market - Key Driving Factors
Sulfur Hexafluoride Market - Key Constraints
Explore the global sulfur hexafluoride market report with 97 illustrative figures, 23 data tables and the table of contents. You can also find a comprehensive market segmentation on https://www.futuremarketinsights.com/askus/rep-gb-11177
Competition Landscape
Key players in the sulfur hexafluoride market are Liming Research Institute, Advanced Specialty Gases, Concorde Specialty Gases Inc., Air Liquide, Chengdu Kemeite, Electronics Fluorocarbons LLC, Air Products and Chemicals Inc., Axcel Gases, Fujian Shaowu Yongfei Chemical Co. Ltd., American Gas Products, Honeywell International, Solvay S.A., and Praxair Technology Inc. Majority of these players are investing in integrating the latest technologies and reusing sulfur hexafluoride, to keep up with global environmental regulations. Moreover, mergers, acquisitions, and collaborations with small-scale, regional players is also a key strategy being adopted by market leaders.
More About the Report
The FMI's market research report of 300 pages offers comprehensive insights on sulfur hexafluoride market. The market is analyzed on the basis of grade (technical and electronic), application (electrical transmission and distribution, and semiconductor manufacturing) across five key regions (North America, Latin America, Europe, Asia Pacific, and MEA).
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About Future Market Insights (FMI)
Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centers in the U.S. and India. FMI's latest market research reports and industry analysis help businesses navigate challenges and take critical decisions with confidence and clarity amidst breakneck competition.
Contact
Mr. Abhishek Budholiya
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
MARKET ACCESS DMCC Initiative
For Sales Enquiries: [email protected]
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Market Report: https://www.futuremarketinsights.com/reports/sulfur-hexafluoride-market
Press Release Source: https://www.futuremarketinsights.com/press-release/sulfur-hexafluoride-market
SOURCE: Future Market Insights
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