Sulfur Hexafluoride Market, By Grade (Electronic Grade, UHP Grade, and Standard Grade), By Application (Power & Energy, Medical, Metal Manufacturing, Electronics, and Others), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)

Published In : May 2024

Code : CMI7007

Pages :136

Formats :

Excel and PDF

Industry : Bulk Chemicals

Market Concentration and Competitive Landscape

Sulfur Hexafluoride Market Concentration By Players

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Growing Usage of Renewable Energy

With the global focus shifting towards reducing carbon emissions and transitioning to cleaner sources of energy, the utilization of renewable energy has increased substantially in recent times. Many countries have formulated long-term targets and policy incentives to expand their renewable power capacity, especially from wind and solar sources. Due to their intermittent and fluctuating nature, the integration of such variable renewable energy into conventional power grids presents some technical challenges. SF6 finds widespread employment in gas-insulated switchgear installed at renewable energy plants and substations that evacuate this power into transmission networks. The steady-state switching and current interrupting properties of SF6 allow it to reliably and efficiently handle the varying load flows arising from renewable power generation. SF6 circuit breakers are capable of quickly responding to faults and disruptions while maintaining stable transmission voltages.

Key Players Insights