Europe Sulfur Hexafluoride Market Forecast to 2027 - COVID-19 Impact and Regional Analysis by Grade (Electronic Grade, UHP Grade), End-user (Power and Energy, Electronics, Metal Manufacturing, Medical, and Others
The Sulfur Hexafluoride market in Europe is expected to grow from US$ 39.12 million in 2019 to US$ 57.35 million by 2027; it is estimated to grow at a CAGR of 4.9% from 2020 to 2027.
Germany, France, UK, Italy, Russia, and Rest of Europe are the major economies in Europe. Different implementation of sulfur hexafluoride in medical equipment. The governments of various economies are taking several measures to attract private investments in Medical equipment and infrastructure development. The regional government works toward attracting huge FDIs in infrastructure and Medical equipment activities in the country. In the medical industry, Sulfur hexafluoride is utilized for non-invasive surgeries and in the production of X-Ray equipment. It finds its application in as a tracer gas in laboratory fume hood contaminant testing during the final stage fume hood qualification. It also pressurizes waveguides in high-power microwave systems. It is also used in feedstock for the production of chemical weapon Sulfur decaflouride. The use of Sulfur hexafluoride in gas insulated substation equipment that are designed to contain gas in sealed pressure system drives demand. Processes have been developed for the purpose of magnesium casting, where Sulfur hexafluoride is used to form a protective atmosphere of the gas mixture that prevents the formation of undesirable byproducts. In aluminum casting, Sulfur hexafluoride is applied as a degassing and refining agent. It is also used in the semiconductors in the form of an etching gas for plasma etching or as a cleaning gas for cleaning chambers after the etching process is over. Due to all the above reasons, Sulfur hexafluoride is highly demanded by different industries all across the European region. Sulfur hexafluoride was used to dill Nike airbags during the year 1992 to 2006. It is also a proffered plug or tamponade of a rental hole in repair operations of retinal detachments is also bolstering the growth of the Medical industry. Thus, the growth in the Medical equipment sector is expected to create a significant demand for sulfur hexafluoride in the coming years, which is further anticipated to drive the market in Europe.
However, the outbreak of COVID-19 is expected to get worse in coming months affecting the economic stability of Europe. Although, Germany is the leading raw material supplier for various industries and manufacturing hub, it is the worst affected country due to COVID-19 outbreak in Germany. Several governments across Europe are taking major actions such as travel bans, business shutdowns, and lockdowns to mitigate the COVID-19 outbreak, which on the other hand is affecting the revenue generation and growth opportunities in Europe.
With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. Considering these factors is likely to drive the Europe sulfur hexafluoride market is expected to grow at a good CAGR during the forecast period.
Europe Sulfur Hexafluoride Market Revenue and Forecast to 2027 (US$ Mn)
Europe Sulfur Hexafluoride Market Segmentation
Europe Sulfur Hexafluoride Market – By Grade
- Electronic Grade
- UHP Grade
- Standard Grade
Europe Sulfur Hexafluoride Market – By End User
- Power and Energy
- Electronics
- Metal Manufacturing
- Medical
- Others
Europe Sulfur Hexafluoride Market, by Country
- Germany
- France
- Italy
- UK
- Russia
- Rest of Europe
Europe Sulfur Hexafluoride Market-Companies Mentioned
- Air Liquide
- Iwatani Corporation
- Linde plc
- Matheson Tri-Gas, Inc
- SHOWA DENKO K.K.
- Solvay S.A.
- Fujian Shaowu Yongfei Chemical Co., Ltd.
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis formulation:
3.2.4 Macro-economic factor analysis:
3.2.5 Developing base number:
3.2.6 Data Triangulation:
3.2.7 Country level data:
4. Sulfur Hexafluoride Market Landscape
4.1 Market Overview
4.1.1 Europe PEST Analysis
4.2 Expert Opinion
5. Europe Sulfur Hexafluoride Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Increasing demand of Sulfur Hexafluoride from in Electronics Industry
5.1.2 Varied Application of Sulfur Hexafluoride in Medical Equipment
5.2 Market Restraints
5.2.1 Sulfur hexafluoride is dangerous for environment and humans
5.3 Market Opportunities
5.3.1 Adoption of HDVC transmission in developing nations
5.4 Future Trends
5.4.1 Mitigating options pertaining to Sulfur hexafluoride emissions
5.5 Impact Analysis Of Drivers And Restraints
6. Sulfur Hexafluoride– Europe Market Analysis
6.1 Sulfur Hexafluoride Market Overview
6.2 Europe Sulfur Hexafluoride Market –Revenue and Forecast to 2027 (US$ Mn)
6.1 Market Positioning – Key Market Players
7. Europe Sulfur Hexafluoride Market Analysis – By Grade
7.1 Overview
7.2 Europe Sulfur Hexafluoride Market Breakdown, By Grade, 2018 &2027
7.3 Electronic Grade
7.3.1 Overview
7.3.2 Electronic Grade in Sulfur Hexafluoride Market, Revenue Forecast to 2027 (US$ Mn)
7.4 UHP Grade
7.4.1 Overview
7.4.2 UHP Grade in Sulfur Hexafluoride Market, Revenue and Forecast to 2027 (US$ Mn)
7.5 Standard Grade
7.5.1 Overview
7.5.2 Standard Grade in Sulfur Hexafluoride Market, Revenue and Forecast to 2027 (US$ Mn)
8. Europe Sulfur Hexafluoride Market Analysis – By End Users
8.1 Overview
8.2 Europe Sulfur Hexafluoride Market Breakdown, By End Users, 2018 &2027
8.3 Power and Energy
8.3.1 Overview
8.3.2 Power and Energy in Sulfur Hexafluoride Market, Revenue Forecast to 2027 (US$ Mn)
8.4 Electronics
8.4.1 Overview
8.4.2 Electronics in Sulfur Hexafluoride Market, Revenue and Forecast to 2027 (US$ Mn)
8.5 Metal Manufacturing
8.5.1 Overview
8.5.2 Metal Manufacturing in Sulfur Hexafluoride Market, Revenue and Forecast to 2027 (US$ Mn)
8.6 Medical
8.6.1 Overview
8.6.2 Medical in Sulfur Hexafluoride Market, Revenue and Forecast to 2027 (US$ Mn)
8.7 Others
8.7.1 Overview
8.7.2 Others in Sulfur Hexafluoride Market, Revenue and Forecast to 2027 (US$ Mn)
9. Sulfur hexafluoride Market – Country Analysis
9.1 Overview
9.1.1 Europe Sulfur hexafluoride Market Breakdown, by Country
9.1.1.1 Germany Sulfur hexafluoride Market Revenue Forecasts to 2027 (US$ Mn)
9.1.1.1.1 Germany Sulfur hexafluoride Market Breakdown by Grade
9.1.1.1.2 Germany Sulfur hexafluoride Market Breakdown by End-User
9.1.1.2 France Sulfur hexafluoride Market Revenue Forecasts to 2027 (US$ Mn)
9.1.1.2.1 France Sulfur hexafluoride Market Breakdown by Grade
9.1.1.2.2 France Sulfur hexafluoride Market Breakdown by End-User
9.1.1.3 UK Sulfur hexafluoride Market Revenue Forecasts to 2027 (US$ Mn)
9.1.1.3.1 UK Sulfur hexafluoride Market Breakdown by Grade
9.1.1.3.2 UK Sulfur hexafluoride Market Breakdown by End-User
9.1.1.4 Italy Sulfur hexafluoride Market Revenue Forecasts to 2027 (US$ Mn)
9.1.1.4.1 Italy Sulfur hexafluoride Market Breakdown by Grade
9.1.1.4.2 Italy Sulfur hexafluoride Market Breakdown by End-User
9.1.1.5 Russia Sulfur hexafluoride Market Revenue Forecasts to 2027 (US$ Mn)
9.1.1.5.1 Russia Sulfur hexafluoride Market Breakdown by Grade
9.1.1.5.2 Russia Sulfur hexafluoride Market Breakdown by End-User
9.1.1.6 Rest of Europe Sulfur hexafluoride Market Revenue Forecasts to 2027 (US$ Mn)
9.1.1.6.1 Rest of Europe Sulfur hexafluoride Market Breakdown by Grade
9.1.1.6.2 Rest of Europe Sulfur hexafluoride Market Breakdown by End-User
10. Impact of COVID-19 Pandemic on Europe Sulfur Hexafluoride Market
10.1 Europe: Impact Assessment of COVID-19 Pandemic
11. Company Profiles
11.1 Fujian ShaowuYongfei Chemical Co., Ltd.
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.2 SHOWA DENKO K.K.
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.3 Solvay S.A.
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products and Services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.4 Air Liquide
11.4.1 Key Facts
11.4.2 Business Description
11.4.2.1 Products and Services
11.4.3 Financial Overview
11.4.4 SWOT Analysis
11.5 Iwatani Corporation
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Products and Services
11.5.4 Financial Overview
11.5.5 SWOT Analysis
11.5.6 Key Developments
11.6 Linde plc
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Products and Services
11.6.4 Financial Overview
11.6.5 SWOT Analysis
11.6.6 Key Developments
11.7 Matheson Tri-Gas, Inc.
11.7.1 Key Facts
11.7.2 Business Description
11.7.3 Products and Services
11.7.4 Financial Overview
11.7.5 SWOT Analysis
12. Appendix
12.1 About The Insight Partners
12.2 Word Index
LIST OF TABLES
Table 1. Europe Sulfur Hexafluoride Market –Revenue and Forecast to 2027 (US$ Mn)
Table 2. Europe Sulfur Hexafluoride Market, by Country – Revenue and Forecast to 2027 (US$ Mn)
Table 3. Germany Sulfur Hexafluoride Market, by Grade – Revenue and Forecast to 2027 (US$ Mn)
Table 4. Germany Sulfur Hexafluoride Market, by End Users – Revenue and Forecast to 2027 (US$ Mn)
Table 5. France Sulfur Hexafluoride Market, by Grade – Revenue and Forecast to 2027 (US$ Mn)
Table 6. France Sulfur Hexafluoride Market, by End Users – Revenue and Forecast to 2027 (US$ Mn)
Table 7. UK Sulfur Hexafluoride Market, by Grade – Revenue and Forecast to 2027 (US$ Mn)
Table 8. UK Sulfur Hexafluoride Market, by End Users – Revenue and Forecast to 2027 (US$ Mn)
Table 9. Italy Sulfur Hexafluoride Market, by Grade – Revenue and Forecast to 2027 (USUS$ Mn)
Table 10. Italy Sulfur Hexafluoride Market, by End Users – Revenue and Forecast to 2027 (US$ Mn)
Table 11. Russia Sulfur Hexafluoride Market, by Grade – Revenue and Forecast to 2027 (US$ Mn)
Table 12. Russia Sulfur Hexafluoride Market, by End Users – Revenue and Forecast to 2027 (US$ Mn)
Table 13. Rest of Europe Sulfur Hexafluoride Market, by Grade – Revenue and Forecast to 2027 (US$ Mn)
Table 14. Rest of Europe Sulfur Hexafluoride Market, by End Users – Revenue and Forecast to 2027 (US$ Mn)
Table 15. List of Abbreviation
LIST OF FIGURES
Figure 1. Europe Sulfur Hexafluoride Market Segmentation
Figure 2. Europe Sulfur Hexafluoride Market Segmentation – By Country
Figure 3. Europe Sulfur Hexafluoride Market Overview
Figure 4. Power and Energy Segment Held Largest Share of Europe Sulfur Hexafluoride Market
Figure 5. Germany country Held Largest Share of Europe Sulfur Hexafluoride Market
Figure 6. Europe Sulfur Hexafluoride Market, Industry Landscape
Figure 7. PEST Analysis for Europe Sulfur hexafluoride Market
Figure 8. Expert Opinion
Figure 9. Europe Sulfur Hexafluoride Market Impact Analysis Of Driver And Restraints
Figure 10. Country Overview of Sulfur Hexafluoride Market
Figure 11. Europe Sulfur Hexafluoride Market – Revenue and Forecast to 2027 (US$ Mn)
Figure 12. Europe Sulfur Hexafluoride Market Breakdown, By Grade, 2018 &2027 (%)
Figure 13. Europe Electronic Grade in Sulfur Hexafluoride Market, Revenue and Forecast, 2017–2027 (US$ Mn)
Figure 14. Europe UHP Grade in Sulfur Hexafluoride Market, Revenue and Forecast, 2017–2027 (US$ Mn)
Figure 15. Europe Standard Grade in Sulfur Hexafluoride Market, Revenue and Forecast, 2017–2027 (US$ Mn)
Figure 16. Europe Sulfur Hexafluoride Market Breakdown, by End Users, 2018 &2027 (%)
Figure 17. Europe Power and Energy in Sulfur Hexafluoride Market, Revenue and Forecast, 2017–2027 (US$ Mn)
Figure 18. Europe Electronics in Sulfur Hexafluoride Market, Revenue and Forecast, 2017–2027 (US$ Mn)
Figure 19. Europe Metal Manufacturing in Sulfur Hexafluoride Market, Revenue and Forecast, 2017–2027 (US$ Mn)
Figure 20. Europe Medical in Sulfur Hexafluoride Market, Revenue and Forecast, 2017–2027 (US$ Mn)
Figure 21. Europe Others in Sulfur Hexafluoride Market, Revenue and Forecast, 2017–2027 (US$ Mn)
Figure 22. Europe Sulfur hexafluoride Market Breakdown by Country, 2018 & 2027(%)
Figure 23. Germany Sulfur hexafluoride Market Revenue Forecasts To 2027 (US$ Mn)
Figure 24. France Sulfur hexafluoride Market Revenue Forecasts To 2027 (US$ Mn)
Figure 25. UK Sulfur hexafluoride Market Revenue Forecasts To 2027 (US$ Mn)
Figure 26. Italy Sulfur hexafluoride Market Revenue Forecasts To 2027 (US$ Mn)
Figure 27. Russia Sulfur hexafluoride Market Revenue Forecasts To 2027 (US$ Mn)
Figure 28. Rest of Europe Sulfur hexafluoride market Revenue Forecasts To 2027 (US$ Mn)
Figure 29. Impact of COVID-19 Pandemic in Europe Country Markets
The List of Companies - Europe Sulfur Hexafluoride Market
- Air Liquide
- Iwatani Corporation
- Linde plc
- Matheson Tri-Gas, Inc
- SHOWA DENKO K.K.
- Solvay S.A.
- Fujian Shaowu Yongfei Chemical Co., Ltd.
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Europe Sulfur Hexafluoride market.
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the Europe Sulfur Hexafluoride market, thereby allowing players across the value chain to develop effective long-term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth Europe market trends and outlook coupled with the factors driving the Sulfur Hexafluoride market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution.