South America Sulfur Hexafluoride Market Overview and Growth by 2027

The Sulfur Hexafluoride market in SAM is expected to grow from US$ 27.74 million in 2019 to US$ 41.42 million by 2027; it is estimated to grow at a CAGR of 5.1% from 2020 to 2027.

Brazil, Argentina, and Rest of SAM are the major economies in SAM. Rise in demand for sulfur hexafluoride in electronics industry. The application of Sulfur hexafluoride in the form of a dielectric medium in capacitors, switchgear, circuit breakers, and other electric apparatuses may drive the development of sulfur hexafluoride showcase. Sulfur hexafluoride has fantastic properties that make it compatible with electrical appliances. Numerous 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 control and energy generation plants, which further propels the demand for sulfur hexafluoride in the energy and control industry. It allows simplified medium and high voltage switchgear designs due 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 the equipment's operational security. The high molar heat capacity, at the downside 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 SAM.

Further, the ongoing COVID 19 pandemic affects the South America sulfur hexafluoride market due to reduced production activities of the chemical industries. The virus has critically affected several countries such as the Brazil and Argentina. The majority of the countries have imposed lockdown and/or transportation restrictions, which has lowered production of several industries due to lack of manpower. Brazil has reported the highest number of COVID-19 cases in SAM, followed by Ecuador, Chile, Peru, and Argentina, among others. Governments of South American countries have taken an array of actions to protect their citizens and contain COVID-19 spread. The region is anticipated to generate lower export revenues, both due to the drop in commodity prices and reduction in export volumes, especially to China and  the US, and several other countries, which are important trade partners of SAM countries. Containment measures in several SAM countries would adversely affect the performance of the manufacturing sectors for at least the next quarter, with an expected rebound once the epidemic is in control.

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. Considering these factors the SAM sulfur hexafluoride market is expected to grow at a good CAGR during the forecast period.

SAM Sulfur Hexafluoride Market Revenue and Forecast to 2027 (US$ Mn)

SAM Sulfur Hexafluoride Market Segmentation

SAM Sulfur Hexafluoride Market – by Grade

• Electronic Grade
• UHP Grade
• Standard Grade

SAM Sulfur Hexafluoride Market – by End User

• Power and Energy
• Metal Manufacturing
• Electronics
• Medical
• Others

SAM Sulfur Hexafluoride Market, by Country

• Brazil
• Argentina
• Rest of SAM

SAM Sulfur Hexafluoride Market-Companies Mentioned

• Air Liquide
• Linde plc
• Solvay S.A.
• SHOWA DENKO K.K.

South America Sulfur Hexafluoride Report Scope