Monday, February 26, 2024

Sulfur Hexafluoride Price Trend Analysis, Historical Chart and Forecast

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Sulfur Hexafluoride (SF6) is a chemical compound that is inorganic in nature. The compound is a non-toxic chemical that is obtained by burning sulfur in the presence of fluorine. The compound exists in a gaseous state and is non-flammable in nature. Its molecules are arranged in an octahedral structure consisting of six fluorine atoms attached to one sulfur atom in between. The compound is not soluble in water but reacts with bases like sodium hydroxide to form sodium sulfate, sodium fluoride, and water molecules. Its melting and boiling point measures around -50.5° C and -64° C, respectively.

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The gaseous compound is widely used as an insulating agent in various commercial activities and is mainly associated with the electrical and electronic manufacturing industry.

India, the United States, and Saudi Arabia are the key importing countries that import Sulfur Hexafluoride. On the other hand, the key exporting countries include China, the United States, and Japan.

Key Details About the Sulfur Hexafluoride Price Trend:

Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Sulfur Hexafluoride price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.

Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.

The Sulfur Hexafluoride Price trend, including India Sulfur Hexafluoride price, USA Sulfur Hexafluoride price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.

Industrial Uses Impacting Sulfur Hexafluoride Price Trend:

Sulfur Hexafluoride is a gaseous chemical compound that has a wide range of applications in various commercial products. It is used in electrical as well as non-electrical industries. The compound is a non-flammable, non-toxic gas that is primarily associated with insulation activities. It is used as an electrical insulation in various electrical appliances, including switchgear, bulk cables, X-ray machines, tracer analysis, ion accelerators, combiners, circuit breakers, substations, and transformers. It is used in the semiconductor industry’s cleaning chambers and plasma etching processes. Electronic appliances use the compound as an arc quenching and cooling medium.

Additionally, Sulfur Hexafluoride is used as a contrast agent that improves the quality of the pictures obtained by the ultrasound process and enables to observe the organs such as the liver, heart, urinary tract, and more. The compound is utilized in respiratory physiology as a test gas to measure the breathing pace of any individual. It monitors air pollutants and acts as a tracer in the process.

Key Players:

  • The DOW Chemical Company
  • BASF SE
  • Ciech S.A.
  • Gujarat Alkalies and Chemicals Limited
  • Kemira Chemicals, Inc.
  • Shandong Haihua Group Co., Ltd.
  • INEOS Newton Aycliffe Ltd.
  • Solvay Chemicals

News & Recent Development:

  • June 12, 2023: Research has discovered a Gas Insulated Equipment (GIE) that uses Sulfur Hexafluoride, a greenhouse gas, as an extensively used insulation medium in the power generation industry.

About Us:

Procurement Resource offers in-depth research on product pricing and market insights for more than 500 chemicals, commodities, and utilities updated daily, weekly, monthly, and annually. It is a cost-effective, one-stop solution for all your market research requirements, irrespective of which part of the value chain you represent.

We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and most up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team tracks the prices and production costs of a wide variety of goods and commodities, hence, providing you with the latest and consistent data.

To get real-time facts and insights to help our customers, we work with a varied range of procurement teams across industries. At Procurement Resource, we support our clients, with up-to-date and pioneering practices in the industry, to understand procurement methods, supply chain, and industry trends, so that they can build strategies to achieve maximum growth.

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