The global Hexafluoroethane market holds the potential to reach US$XX million by 2027. The Hexafluoroethane is also known as perfluoroethane. Hexafluoroethane is used as an etchant and chamber cleaning agent. It is colorless, odorless, liquefied gas in which asphyxiant in high concentrations and gas density is heavier than air. It is used as a coolant in dielectric fluids as a propellant and as a refrigerant. Increasing demand from the manufacturers of semiconductors, industrial refrigerants plants, fire & safety products and food & beverage industries are driving the market growth.
The use of perfluorocarbons (PFCs) in the manufacturing of thin-film solar panels, semiconductors and flat-panel displays for cleaning of deposition tool chamber and etching have created many lucrative opportunities for the market players operating in Hexafluoroethane market. Contact or breathing Hexafluoroethane cause severe eyes and skin irritation. If it is exposed to the liquefied gas cause frostbite and suffocation from lack of oxygen. Government stringent regulations and growing health concern in North America and Europe may slow down the market growth.
The global Hexafluoroethane market report gives the complete analysis of the segmentation, key players, competitive & regions analysis forecast data to 2027. Hexafluoroethane market is showing Northward trends because of favorable business policies and development in production sources. Report provide the influence of the crisis on the industry chain, especially for marketing channels and rational behinds Covid-19 analysis.
Global Hexafluoroethane Market Segment Analysis
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0.99 Hexafluoroethane segment was dominant in 2019, and is expected to maintain its position during the forecast period.
By Applications type, 0.99 segment is expected to grow with a CAGR of xx% during the forecast period. The market growth is attributed to wide range application range in industry. Hexafluoroethane 0.99 extensively used in dielectric strength coolant and is expected to grow at a market share of xx% by 2027.
Global Hexafluoroethane Market Regional Insights:
Global Hexafluoroethane Market 1
The market in Asia pacific was dominent in 2019 and expected to grow with a CAGR of xx% during the forecast period.
The market in Asia pacific is expected to grow at a CAGR of xx% during the forecast period. Developing electronic industry in China especially for semiconductors has upsurge the market growth. The increasing FDI investment in in countries like India, China, Malaysia and Vietnam has encourage many manufactures to build new state-of-art facilities in these regions. The market in North America followed by Europe are growing at a sluggish pace as the government regulatory policies for hazardous and toxic chemicals are strict. With the growing consumers awareness towards health’s and limited applications industries, the hexafluoroethane market in South America followed by Middle East & Africa is projected to expand at sluggish pace during the forecast period.
The objective of the report is to present a comprehensive analysis of the global hexafluoroethane market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analysed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding global hexafluoroethane market dynamics, structure by analyzing the market segments and project global hexafluoroethane market clear representation of competitive analysis of key players by price, financial position, by detection and equipment portfolio, growth strategies, and regional presence in the global hexafluoroethane market make the report investor’s guide.
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Global Hexafluoroethane Market , By Product type
• 0.99 Hexafluoroethane
• 0.9 Hexafluoroethane
• Other
Global Hexafluoroethane Market , By Applications
• Insulating gasses
• Plasma etching agents
• High dielectric strength coolants
• Other
Global Hexafluoroethane Market , by Region
• Asia Pacific
• North America
• Europe
• South America
• Middle East & Africa
Key players operating in Hexafluoroethane Market
• Air Products & Chemicals Inc
• Huate Gas
• Electronic Fluorocarbons LLC
• Versum Materials
• ARCAD Ophtha
• Praxair
• Linde (BOC)
• Daikin America, Inc.
• Solvay S.A.
• DuPont
• 3M.
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