Procurement Resource Evaluates the Price Trends of Sulfur Hexafluoride in its Latest Insights and Dashboard
Price Trends of Sulfur Hexafluoride in its Latest Insights and Dashboard
Procurement Resource does an in-depth analysis of the market 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 pricing database and analysis of the Sulfur Hexafluoride can prove valuable for the procurement managers, directors, and decision-makers to build up their strongly backed up strategic insights to attain progress and profitability in the business.
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Product Description:
An inorganic substance known as sulphur hexafluoride is colorless, odorless, nonflammable, and nontoxic. It is an effective greenhouse gas and a top-notch electrical insulator. Six fluorine atoms are joined to a central sulphur atom in the octahedral geometry of sulphur hexafluoride. It is a highly balanced compound. As a nonpolar gas, it miscible badly in water but very well in nonpolar organic solvents. SF6 is its chemical formula.
Also Check Sulfur Hexafluoride Production Cost Report – https://www.procurementresource.com/production-cost-report-store/sulfur-hexafluoride
Regions Covered to Evaluate Sulfur Hexafluoride Price Trend:
- North America
- South America
- Europe
- The Asia Pacific
- The Middle East
- Africa
Industrial Uses Impacting Sulfur Hexafluoride Price Trend:
Because of its improved thermal and electrical characteristics, SF6 is widely employed in many different types of electrical equipment. The compound can offer effective insulating and cooling qualities due to its high dielectric strength and exceptional thermal stability. The global demand for sulphur hexafluoride has been spurred by the electronics industry’s explosive expansion and an increase in the use of items like semiconductors, power tools, and switch gears. Sulfur hexafluoride is widely utilized in light voltage transformers, switchgear, and circuit breakers during the production of electricity. Sulfur hexafluoride is utilized in a variety of therapeutic fields, including ophthalmology and pneumonectomy, as well as in the healthcare industry. It is also used as a contrast agent during eye surgery.
Key Market 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 and Events:
Iyo, who made the announcement at the Power, Water Exhibition and Conference 2022 in Lagos, with the theme: “A Call to Action on the “dirtiest” Greenhouse Gas in Clean Energy,” claimed that SF6 is one of the most potent greenhouse gases in the world and is hazardous to both humans and the environment. It is primarily used in the manufacture of switchgear. As per Iyo, certain governments across the globe were already taking serious steps to end the usage of SF6 gas in the manufacture of switchgear. The environment is at risk in SF. Each SF6 molecule, which consists of a sulphur atom and six fluorine atoms, is extremely harmful to the climate. It is by far the most potent of all greenhouse gases. Each unit of switchgear is projected to require 2.5 kilogrammes of SF6 gas, which has a global warming potential of just one kilogramme of SF6 gas, or 23,500 kilogrammes of CO2. It is clear how big the issue is.
About Us:
Procurement Resource is Claight’s subscription-based SaaS platform providing 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 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 track 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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