Asia Pacific 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)
APAC Sulfur Hexafluoride Market to 2027 –Covid-19 Impact and Analysis by Grade (Electronic Grade, UHP Grade, and Standard Grade), End-user (Power and Energy, Metal Manufacturing, Medical, and Others)
Number of Pages: 92
Market Introduction
Sulfur hexafluoride (SF6) is defined as a non-toxic, inert, potent greenhouse gas which possesses superior electrical insulation characteristics. The chemical formula of sulfur hexafluoride is SF6 and constitutes of one sulphur atom surrounded by six fluorine atoms. On the basis of grade, the standard grade is expected to dominate the market due to growing demand for standard grade of the SF6 gas in the production of circuit breakers utilized in power & energy generation industry is likely to complement market growth. Further, rising application of the gas in the manufacturing of high voltage equipment such as transformers, switches, and capacitors is further expected to propel the demand for standard grade sulfur hexafluoride gas. SF6 is extensively being demanded in power energy, electronic, medical, aerospace, meteorology and other industrial bases as it.Thus, the growth in electronics sector is expected to create a significant demand for sulfur hexafluoride in the coming years, which is further anticipated to drive the sulfur hexafluoride market.
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Market Overview and Dynamics
The Sulfur Hexafluoride market in APAC is expected to grow from US$ 95.62 million in 2019 to US$ 147.28 million by 2027; it is estimated to grow at a CAGR of 5.5% from 2020 to 2027. Developing nations are adopting HDVC transmission. In HDVC transmission the systems are connected with the help of power grids in a particular area, which eliminates the issues related to the loss of electricity in that area. HDVC systems can also control the magnitude and direction of power flow with the help of switchgear and other switching elements of the converter. The physicochemical properties, discharge characteristics of Sulfur hexafluoride, and its gap breakdown characteristics under non-uniform electric fields make it suitable for use in HDVC transmission systems. HDVC transmission is gaining importance in APAC region due to an upsurge in demand for power consumption. Thus, the HDVC transmission offer future growth opportunities for market players operating in the APAC market as the need for higher electric power over long distances are increasing in several industries. This is bolstering the growth of the Sulfur Hexafluoride market.
The presence of emerging economies backed by industrialization, large population, and increasing disposal income in APAC are the major factors propelling the growth of the sulfur hexafluoride market. However, the outbreak of COVID-19 is expected to affect the economic growth of the APAC region. Although, China is the leading global manufacturing hub and raw material supplier of various industries, it is one the worst hit countries in APAC followed by India, where business activities were ceased due to 10 weeks nationwide lockdown. Other leading manufacturing economies like South Korea and Japan were also hit severely. Various measure such as travel bans, business shutdowns, and lockdown are taken by the governments across APAC to control the COVID-19 outbreak.
Key Market Segments
In terms of grade, the electronic grade segment accounted for the largest share of the APAC sulfur hexafluoride market in 2019. Further, the power and energy segment held a larger share of the market based on end user in 2019.
Major Sources and Companies Listed
A few major primary and secondary sources referred to for preparing this report on the sulfur hexafluoride market in APAC are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are Air Liquide, Linde plc., Matheson Tri-Gas, Inc., Solvay S.A., Kanto Denka Kogyo Co. Ltd, Fujian Shaowu Yongfei Chemical Co. Ltd., SHOWA DENKO K.K., Chemix Gases, and Itwani Corporation among others.
Reasons to buy report
- Understand the APAC Sulfur Hexafluoride market landscape and identify market segments that are likely to guarantee a strong return
- Stay ahead of the race by comprehending the ever-changing competitive market landscape in APAC
- Efficiently plan merger and acquisitions, and partnership deals in APAC sulfur hexafluoride market by identifying market segments with the most promising probable sales
- Take knowledgeable business decisions from perceptive and comprehensive analysis of performance of various market segments
- Obtain revenue forecast for market based on various segments for the period 2019-20270
APAC Sulfur Hexafluoride Market Segmentation
APAC Sulfur Hexafluoride Market - by Grade
- Electronic Grade
- UHP Grade
- Standard Grade
APAC Sulfur Hexafluoride Market - by End User
- Power and Energy
- Electronics
- Metal Manufacturing
- Medical
- Others
APAC Sulfur Hexafluoride Market - by Country
- Australia
- China
- India
- Japan
- South Korea
- Rest of APAC
Company Profiles
- Air Liquide
- Linde plc
- Matheson Tri-Gas, Inc
- Solvay S.A.
- Kanto Denka Kogyo Co. Ltd
- Fujian Shaowu Yongfei Chemical Co. Ltd.
- SHOWA DENKA K.K.
- Chemix Gases
- Itwani Corporation
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. APAC Sulfur Hexafluoride Market Landscape
4.1 Market Overview
4.2 APAC PEST Analysis
4.3 Expert Opinion
5. APAC Sulfur Hexafluoride Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Rising Demand of Sulfur Hexafluoride from in Electronics Industry
5.1.2 Various uses 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– APAC Market Analysis
6.1 Sulfur Hexafluoride Market Overview
6.2 APAC Sulfur Hexafluoride Market –Revenue and Forecast to 2027 (US$ Mn)
6.1 Market Positioning – Key Market Players
7. APAC Sulfur Hexafluoride Market Analysis – By Grade
7.1 Overview
7.2 APAC 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. APAC Sulfur Hexafluoride Market Analysis – By End Users
8.1 Overview
8.2 APAC 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 APAC Sulfur hexafluoride Market Breakdown, by Country
9.1.1.1 Australia Sulfur hexafluoride Market Revenue and Forecasts to 2027 (US$ Mn)
9.1.1.1.1 Australia Sulfur hexafluoride Market Breakdown by Grade
9.1.1.1.2 Australia Sulfur hexafluoride Market Breakdown by End-User
9.1.1.2 China Sulfur hexafluoride Market Revenue and Forecasts to 2027 (US$ Mn)
9.1.1.2.1 China Sulfur hexafluoride Market Breakdown by Grade
9.1.1.2.2 China Sulfur hexafluoride Market Breakdown by End-User
9.1.1.3 India Sulfur hexafluoride Market Revenue and Forecasts to 2027 (US$ Mn)
9.1.1.3.1 India Sulfur hexafluoride Market Breakdown by Grade
9.1.1.3.2 India Sulfur hexafluoride Market Breakdown by End-User
9.1.1.4 Japan Sulfur hexafluoride Market Revenue and Forecasts to 2027 (US$ Mn)
9.1.1.4.1 Japan Sulfur hexafluoride Market Breakdown by Grade
9.1.1.4.2 Japan Sulfur hexafluoride Market Breakdown by End-User
9.1.1.5 South Korea Sulfur hexafluoride Market Revenue and Forecasts to 2027 (US$ Mn)
9.1.1.5.1 South Korea Sulfur hexafluoride Market Breakdown by Grade
9.1.1.5.2 South Korea Sulfur hexafluoride Market Breakdown by End-User
9.1.1.6 Rest of APAC Sulfur hexafluoride Market Revenue and Forecasts to 2027 (US$ Mn)
9.1.1.6.1 Rest of APAC Sulfur hexafluoride Market Breakdown by Grade
9.1.1.6.2 Rest of APAC Sulfur hexafluoride Market Breakdown by End-User
10. Impact of COVID-19 Pandemic on APAC Sulfur Hexafluoride Market
10.1 Asia-Pacific: 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 Financial Overview
11.1.4 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 Chemix Gases
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 Solvay S.A.
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products and Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.5 Kanto Denka Kogyo Co., Ltd
11.5.1 Key Facts
11.5.2 Business Description
11.5.2.1 Products and Services
11.5.3 Financial Overview
11.5.4 SWOT Analysis
11.6 Air Liquide
11.6.1 Key Facts
11.6.2 Business Description
11.6.2.1 Products and Services
11.6.3 Financial Overview
11.6.4 SWOT Analysis
11.7 Iwatani Corporation
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 Linde plc
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
11.8.6 Key Developments
11.9 Matheson Tri-Gas, Inc.
11.9.1 Key Facts
11.9.2 Business Description
11.9.3 Products and Services
11.9.4 Financial Overview
11.9.5 SWOT Analysis
12. Appendix
12.1 About The Insight Partners
12.2 Word Index
LIST OF TABLES
Table 1. APAC Sulfur Hexafluoride Market –Revenue and Forecast to 2027 (US$ Mn)
Table 2. Asia-Pacific Sulfur Hexafluoride Market, by Country – Revenue and Forecast to 2027 (US$ Mn)
Table 3. Australia Sulfur Hexafluoride Market, by Grade – Revenue and Forecast to 2027 (US$ Mn)
Table 4. Australia Sulfur Hexafluoride Market, by End Users – Revenue and Forecast to 2027 (US$ Mn)
Table 5. China Sulfur Hexafluoride Market, by Grade – Revenue and Forecast to 2027 (US$ Mn)
Table 6. China Sulfur Hexafluoride Market, by End Users – Revenue and Forecast to 2027 (US$ Mn)
Table 7. India Sulfur Hexafluoride Market, by Grade – Revenue and Forecast to 2027 (US$ Mn)
Table 8. India Sulfur Hexafluoride Market, by End Users – Revenue and Forecast to 2027 (US$ Mn)
Table 9. Japan Sulfur Hexafluoride Market, by Grade – Revenue and Forecast to 2027 (US$ Mn)
Table 10. Japan Sulfur Hexafluoride Market, by End Users – Revenue and Forecast to 2027 (US$ Mn)
Table 11. South Korea Sulfur Hexafluoride Market, by Grade – Revenue and Forecast to 2027 (US$ Mn)
Table 12. South Korea Sulfur Hexafluoride Market, by End Users – Revenue and Forecast to 2027 (US$ Mn)
Table 13. Rest of APAC Sulfur Hexafluoride Market, by Grade – Revenue and Forecast to 2027 (US$ Mn)
Table 14. Rest of APAC Sulfur Hexafluoride Market, by End Users – Revenue and Forecast to 2027 (US$ Mn)
Table 15. List of Abbreviation
LIST OF FIGURES
Figure 1. APAC Sulfur Hexafluoride Market Segmentation
Figure 2. Sulfur Hexafluoride Market Segmentation – By Country
Figure 3. APAC Sulfur Hexafluoride Market Overview
Figure 4. Power and Energy Segment Held Largest Share of APAC Sulfur Hexafluoride Market
Figure 5. China country Held Largest Share of APAC Sulfur Hexafluoride Market
Figure 6. APAC Sulfur Hexafluoride Market, Industry Landscape
Figure 8. PEST Analysis for APAC Sulfur hexafluoride Market
Figure 9. Expert Opinion
Figure 10. APAC Sulfur Hexafluoride Market Impact Analysis Of Driver And Restraints
Figure 11. Country Overview of Sulfur Hexafluoride Market
Figure 12. APAC Sulfur Hexafluoride Market – Revenue and Forecast to 2027 (US$ Mn)
Figure 13. APAC Sulfur Hexafluoride Market Breakdown, By Grade, 2018 &2027 (%)
Figure 14. APAC Electronic Grade in Sulfur Hexafluoride Market, Revenue and Forecast, 2017–2027 (US$ Mn)
Figure 15. APAC UHP Grade in Sulfur Hexafluoride Market, Revenue and Forecast, 2017–2027 (US$ Mn)
Figure 16. APAC Standard Grade in Sulfur Hexafluoride Market, Revenue and Forecast, 2017–2027 (US$ Mn)
Figure 17. APAC Sulfur Hexafluoride Market Breakdown, by End Users, 2018 &2027 (%)
Figure 18. APAC Power and Energy in Sulfur Hexafluoride Market, Revenue and Forecast, 2017–2027 (US$ Mn)
Figure 19. APAC Electronics in Sulfur Hexafluoride Market, Revenue and Forecast, 2017–2027 (US$ Mn)
Figure 20. APAC Metal Manufacturing in Sulfur Hexafluoride Market, Revenue and Forecast, 2017–2027 (US$ Mn)
Figure 21. APAC Medical in Sulfur Hexafluoride Market, Revenue and Forecast, 2017–2027 (US$ Mn)
Figure 22. APAC Others in Sulfur Hexafluoride Market, Revenue and Forecast, 2017–2027 (US$ Mn)
Figure 23. APAC Sulfur hexafluoride Market Breakdown by Country, 2018 & 2027(%)
Figure 24. Australia Sulfur hexafluoride Market Revenue and Forecasts To 2027 (US$ Mn)
Figure 25. China Sulfur hexafluoride Market Revenue and Forecasts To 2027 (US$ Mn)
Figure 26. India Sulfur hexafluoride Market Revenue and Forecasts To 2027 (US$ Mn)
Figure 27. Japan Sulfur hexafluoride Market Revenue and Forecasts To 2027 (US$ Mn)
Figure 28. South Korea Sulfur hexafluoride Market Revenue and Forecasts To 2027 (US$ Mn)
Figure 29. Rest Of APAC Sulfur hexafluoride Market Revenue and Forecasts To 2027 (US$ Mn)
Figure 30. Impact of COVID-19 Pandemic in Asia-Pacific Country Markets
The List of Companies - Asia Pacific Sulfur Hexafluoride Market
- Air Liquide
- Linde plc
- Matheson Tri-Gas, Inc
- Solvay S.A.
- Kanto Denka Kogyo Co. Ltd
- Fujian Shaowu Yongfei Chemical Co. Ltd.
- SHOWA DENKA K.K.
- Chemix Gases
- Itwani Corporation
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the APAC 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 APAC 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 APAC 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.