SULFUR HEXAFLUORIDE MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)

Key Developments

• In 2022, DUAL-ADE, a leading provider of high-voltage equipment, and nuventura, a pioneer in sustainable switchgear technology, announced a strategic partnership to introduce innovative SF6-free Gas Insulated Switchgear (GIS) solutions to the North American market. This collaboration aims to revolutionize the electrical industry by offering environmentally-friendly alternatives to traditional SF6-based GIS systems.
• In August 2021, KNW, a leading chemical company, announced the successful closing of its acquisition of Solvay Korea, a subsidiary of the Belgian chemical group Solvay. This strategic acquisition marks a significant milestone for KNW, as it secures a strong foothold in the fluorine (F2) and sulfur hexafluoride (SF6) markets.
• In 2021, National Grid, a leading electricity and gas utility company, and Hitachi Energy, a global technology leader, announced a groundbreaking collaboration to replace sulfur hexafluoride (SF6) in existing high-voltage equipment. This partnership marks a significant milestone in the industry's efforts to reduce greenhouse gas emissions and promote more sustainable practices.
• In 2021, Schneider Electric introduced new sulfur hexafluoride-free switchgear