Sulfur Hexafluoride Prices Today, Price Chart and Forecast Analysis | Procurement Resource
The price trajectory of sulfur hexafluoride encountered notable difficulties in the initial half of 2023, mainly stemming from subdued activities within the feedstock market. Reduced procurement rates among end-users, volatile market sentiments, and waning buyer enthusiasm collectively contributed to the weakening trend across Asia. Europe faced parallel challenges with diminished buyer engagement and a downturn in the oil and petroleum industries, leading to a decline in sulfur hexafluoride prices. Meanwhile, North America witnessed reduced consumption in downstream sectors, economic uncertainties, and hurdles within the fertilizer and agricultural domains, further exacerbating the downward price trend of sulfur hexafluoride.
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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 Price trends, 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) boasts a range of industrial uses owing to its exceptional properties. Primarily, it serves as an insulating gas in high-voltage electrical equipment such as circuit breakers and switchgear, guaranteeing dependable and secure functionality. Its inert qualities render it a prime choice in the semiconductor industry for plasma etching, pivotal in the production of microchips. Moreover, SF6 contributes in the medical realm as a contrast agent, enhancing ultrasound imaging for better visualization. Despite its widespread utility, the substantial global warming potential of SF6 has spurred efforts to explore alternative solutions in certain applications, aiming to curb its environmental impact.
- 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
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