Sulfur Hexafluoride Price History and Forecast Analysis | Procurement Resource
The price trajectory of sulfur hexafluoride encountered notable hurdles during the initial two quarters of 2023, primarily stemming from subdued activities in the feedstock market. Factors such as dwindling procurement rates among end-users, fluctuating market sentiments, and waning buyer enthusiasm collectively weakened the trend in Asia. Europe faced akin challenges, with diminished buyer interest and a downturn in the oil and petroleum sectors leading to a drop in sulfur hexafluoride prices. Meanwhile, in North America, reduced consumption in downstream industries, economic uncertainties, and hurdles in the fertilizer and agricultural sectors compounded the downward price trend for sulfur hexafluoride.
Request for Real-Time Sulfur Hexafluoride Prices: https://www.procurementresource.com/resource-center/sulfur-hexafluoride-price-trends/pricerequest
Definition
Sulfur hexafluoride (SF6) is a colorless, odorless, non-flammable, and highly stable gas composed of one sulfur atom and six fluorine atoms. It is commonly used as an insulating gas in electrical equipment, such as high-voltage circuit breakers, due to its excellent dielectric properties and thermal stability. SF6 is also used in the semiconductor industry for plasma etching processes and in the medical field as a contrasting agent for ultrasound imaging. Its unique properties make it suitable for various industrial applications, but its high global warming potential has raised environmental concerns.
Key Details About the Sulfur Hexachloride 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 Sulfur Hexachloride 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 Hexachloride Prices, including India Sulfur Hexachloride price, USA Sulfur Hexachloride 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 the Sulfur Hexachloride Price Trend:
Sulfur hexafluoride (SF6) serves various industrial purposes owing to its exceptional characteristics. It functions extensively as an insulating gas in high-voltage electrical apparatus such as circuit breakers and switchgear, ensuring dependable and secure operations. Its inert quality renders it perfect for deployment in the semiconductor sector for plasma etching procedures, contributing significantly to microchip production. Furthermore, SF6 is utilized in the medical domain as a contrast medium for ultrasound imaging, improving imaging clarity. Nevertheless, due to its considerable global warming potential, there are ongoing endeavors to explore substitutes in certain applications to alleviate its environmental effects, despite its valuable utility.
Key Players:
- The Dow Chemical Company
- BASF SE
- Gujarat Alkalies and Chemical Limited
- Kemira Chemicals Inc
- Shandong Haihua Group Co Ltd
- INEOS Newton Aycliffe Ltd
- Solvay Chemicals
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 chains, and industry trends so that they can build strategies to achieve maximum growth.
Contact Us:
Company Name: Procurement Resource
Contact Person: Christeen Johnson
Email: [email protected]
Toll-Free Number: USA & Canada – Phone no: +1 307 363 1045 | UK – Phone no: +44 7537 132103 | Asia-Pacific (APAC) – Phone no: +91 1203185500
Address: 30 North Gould Street, Sheridan, WY 82801, USA