North America Sulfur Hexafluoride Market Forecast to 2027 - COVID-19 Impact and Regional Analysis by Grade (Electronic Grade, UHP Grade, and Standard Grade), End-user (Power and Energy, Electronics, Metal Manufacturing, Medical, and Others)
The North America Sulfur Hexafluoride market is expected to grow from US$ 49.56 million in 2019 to US$ 80.37 million by 2027; it is estimated to grow at a CAGR of 6.2% from 2020 to 2027.
US, Canada, and Mexico are the major economies in North America. High adoption of sulfur hexafluoride form in electronics industry. The application of Sulfur hexafluoride in the form of a dielectric medium in capacitors, switchgear, circuit breakers, and other electric appliances is a factor driving the growth of sulfur hexafluoride market. Sulfur hexafluoride possesses excellent properties that make it compatible with electrical appliances. Many appliances having an operating range of 33 KV to 800 KV can be made with the help of sulfur hexafluoride. These appliances are utilized in the power and energy generation plants, which further propels the demand for sulfur hexafluoride in energy and power industry. It allows simplified designs of medium and high voltage switchgear owing to its size & weight reduction, reliable handling, and maintenance. The use of sulfur hexafluoride in place of other conventional dielectric providers enables space savings, low weight, and operational safety of the equipment. The high molar heat capacity, together with low viscosity enables sulfur hexafluoride to transfer heat effectively. The thermal stability and high dielectric strength of sulfur hexafluoride offer outstanding cooling and insulating properties. The ability of Sulfur hexafluoride to be chemically inert, non-flammable, non-toxic, non-corrosive and remain gaseous even at low temperature is also bolstering the growth of the Electronics industry. Thus, the growth in the Electronics sector is expected to create a significant demand for sulfur hexafluoride in the coming years, which is further anticipated to drive the market in North America.
Presence of various emerging economies along with rapid industrialization, massive population, and rising disposable income among individuals are the major factors driving the growth of the North America sulfur hexafluoride market. However, the outbreak of COVID-19 is expected to get worse in coming months affecting the economic stability of North America. Although, US is the leading raw material supplier for various industries and manufacturing hub, it is the worst affected country due to COVID-19 outbreak in North America followed by Canada which declared nationwide lockdown causing cease of business operations. Several governments across North America 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 North America.
With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. Considering these factors the North America sulfur hexafluoride market is expected to grow at a good CAGR during the forecast period.
North America Sulfur Hexafluoride Market Revenue and Forecast to 2027 (US$ Mn)
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North America Sulfur Hexafluoride Market Segmentation
North America Sulfur Hexafluoride Market – By Grade
- Electronic Grade
- UHP Grade
- Standard Grade
North America Sulfur Hexafluoride Market – By End User
- Power and Energy
- Metal Manufacturing
- Electronics
- Medical
- Others
North America Sulfur Hexafluoride Market, by Country
- US
- Canada
- Mexico
North America Sulfur Hexafluoride Market-Companies Mentioned
- Air Liquide
- Linde plc
- Matheson Tri- Gas, Inc
- Solvay S.A.
- Concorde Speciality Gases Inc.
- Fujian Shaowu Yongfei Chemical Co. Ltd.
TABLE OF CONTENTS
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 Region level data:
4. Sulfur Hexafluoride Market Landscape
4.1 Market Overview
4.2 North America PEST Analysis
4.3 Expert Opinion
5. Sulfur Hexafluoride Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 High Adoption of Sulfur Hexafluoride from in Electronics Industry
5.1.2 Several Applications of Sulfur Hexafluoride in Medical Equipment
5.2 Market Restraints
5.2.1 Environment and human hazards related to Sulfur hexafluoride
5.3 Market Opportunities
5.3.1 HDVC transmission adoption 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– North America Market Analysis
6.1 North America Sulfur Hexafluoride Market Overview
6.2 North America Sulfur Hexafluoride Market –Revenue and Forecast to 2027 (US$ Mn)
6.1 Market Positioning – Key Market Players
7. North America Sulfur Hexafluoride Market Analysis – By Grade
7.1 Overview
7.2 North America 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. North America Sulfur Hexafluoride Market Analysis – By End Users
8.1 Overview
8.2 North America 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 North America: Sulfur hexafluoride Market, by Key Country
9.1.1.1 US: Sulfur hexafluoride Market– Revenue and Forecast to 2027 (US$ Mn)
9.1.1.1.1 US: Sulfur hexafluoride Market, by Grade
9.1.1.1.2 US: Sulfur hexafluoride Market, by End-User
9.1.1.2 Canada: Sulfur hexafluoride Market– Revenue and Forecast to 2027 (US$ Mn)
9.1.1.2.1 Canada: Sulfur hexafluoride Market, by Grade
9.1.1.2.2 Canada: Sulfur hexafluoride Market, by End Users
9.1.1.3 Mexico: Sulfur hexafluoride Market– Revenue and Forecast to 2027 (US$ Mn)
9.1.1.3.1 Mexico: Sulfur hexafluoride Market, by Grade
9.1.1.3.2 Mexico: Sulfur hexafluoride Market, by End-User
10. Impact of COVID-19 Pandemic on North America Sulfur Hexafluoride Market
10.1 North America: 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 Concorde Specialty Gases Inc.
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
11.6 Iwatani Corporation
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 Linde plc
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
11.7.6 Key Developments
11.8 Matheson Tri-Gas, Inc.
11.8.1 Key Facts
11.8.2 Business Description
11.8.3 Products and Services
11.8.4 Financial Overview
11.8.5 SWOT Analysis
12. Appendix
12.1 About The Insight Partners
12.2 Word Index
LIST OF TABLES
Table 1. North America Sulfur Hexafluoride Market –Revenue and Forecast to 2027 (US$ Mn)
Table 2. US Sulfur Hexafluoride Market, by Grade – Revenue and Forecast to 2027 (US$ Mn)
Table 3. US Sulfur Hexafluoride Market, by End Users – Revenue and Forecast to 2027 (US$ Mn)
Table 4. Canada Sulfur Hexafluoride Market, by Grade – Revenue and Forecast to 2027 (US$ Mn)
Table 5. Canada Sulfur Hexafluoride Market, by End Users – Revenue and Forecast to 2027 (US$ Mn)
Table 6. Mexico Sulfur Hexafluoride Market, by Grade – Revenue and Forecast to 2027 (US$ Mn)
Table 7. Mexico Sulfur Hexafluoride Market, by End Users – Revenue and Forecast to 2027 (US$ Mn)
Table 8. List of Abbreviation
LIST OF FIGURES
Figure 1. North America Sulfur Hexafluoride Market Segmentation
Figure 2. North America Sulfur Hexafluoride Market Segmentation – By Country
Figure 3. North America Sulfur Hexafluoride Market Overview
Figure 4. Power and Energy Segment Held Largest Share of North America Sulfur Hexafluoride Market
Figure 5. US country Held Largest Share of North America Sulfur Hexafluoride Market
Figure 6. North America Sulfur Hexafluoride Market, Industry Landscape
Figure 7. PEST Analysis for North America Sulfur Hexafluoride Market
Figure 8. Expert Opinion
Figure 9. North America Sulfur Hexafluoride Market Impact Analysis Of Driver And Restraints
Figure 10. Country Overview of Sulfur Hexafluoride Market
Figure 11. North America Sulfur Hexafluoride Market – Revenue and Forecast to 2027 (US$ Mn)
Figure 12. North America Sulfur Hexafluoride Market Breakdown, By Grade, 2018 &2027 (%)
Figure 13. North America Electronic Grade in Sulfur Hexafluoride Market, Revenue and Forecast, 2017–2027 (US$ Mn)
Figure 14. North America UHP Grade in Sulfur Hexafluoride Market, Revenue and Forecast, 2017–2027 (US$ Mn)
Figure 15. North America Standard Grade in Sulfur Hexafluoride Market, Revenue and Forecast, 2017–2027 (US$ Mn)
Figure 16. North America Sulfur Hexafluoride Market Breakdown, by End Users, 2018 &2027 (%)
Figure 17. North America Power and Energy in Sulfur Hexafluoride Market, Revenue and Forecast, 2017–2027 (US$ Mn)
Figure 18. North America Electronics in Sulfur Hexafluoride Market, Revenue and Forecast, 2017–2027 (US$ Mn)
Figure 19. North America Metal Manufacturing in Sulfur Hexafluoride Market, Revenue and Forecast, 2017–2027 (US$ Mn)
Figure 20. North America Medical in Sulfur Hexafluoride Market, Revenue and Forecast, 2017–2027 (US$ Mn)
Figure 21. North America Others in Sulfur Hexafluoride Market, Revenue and Forecast, 2017–2027 (US$ Mn)
Figure 22. North America: Sulfur hexafluoride Market Revenue Share, by Key Country (2018 and 2027)
Figure 23. US: Sulfur hexafluoride Market– Revenue and Forecast to 2027 (US$ Mn)
Figure 24. Canada: Sulfur hexafluoride Market– Revenue and Forecast to 2027 (US$ Mn)
Figure 25. Mexico: Sulfur hexafluoride Market– Revenue and Forecast to 2027 (US$ Mn)
Figure 26. Impact of COVID-19 Pandemic in North American Country Markets
The List of Companies - North AmericaSulfur Hexafluoride Market
- Air Liquide
- Linde plc
- Matheson Tri- Gas, Inc
- Solvay S.A.
- Concorde Speciality Gases Inc.
- 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 North America 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 North America 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 North America 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.