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Global Dielectric Gases Market Report Description:
Global dielectric gases market report gives comprehensive outlook on dielectric gases across the globe with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. The report on global market gives historical, current, and future market sizes (US$ Mn) on the basis of gas type, equipment, application, end user and region. This report studies global dielectric gases market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, global dielectric gases market report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed global dielectric gases market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product opportunities). Key stakeholders of the global dielectric gases market report include suppliers, manufacturers, marketers, policy makers, and healthcare service providers engaged in global dielectric gases products.
Global Dielectric Gases Market:
The global dielectric gases market estimated to be valued US$ XX Mn in 2019 and poised to grow at significant CAGR over 2020-2026. Some of the key factors influencing the market growth include rapid urbanization and industrial development in emerging countries, technological advancements, increasing acceptance of dielectric gases due to their superior properties and expanding residential and commercial construction sectors. In addition, increasing huge R&D investments by the leading manufacturers creates growth opportunity for the market growth.
Increasing Construction Industry is Fueling the Market Growth
Increasing industrialization and booming construction industry are expected to drive the demand for market in upcoming years. The increasing population and economic conditions in the economies have led to a greater housing transaction and more disposable income which have a direct effect on the market. There is an increasing consumption of dielectric gases due to expanding residential and commercial construction sectors and thus installations of HVAC units, office equipment, IT & telecommunication infrastructure, and an extensive range of civic utilities are accounting for surging per unit consumption of electricity. The increasing number of businesses across the globe is likely to assist construction of commercial buildings, hence expanding the market growth.
Asia Pacific Accounts for Larger Market Revenue Share in Global Dielectric Gases Market
Asia Pacific accounted for larger revenue share in global dielectric gases market with considerable CAGR. The growth in this region can be attributed to rapid establishment of various industries and infrastructural development. Henceforth, there is an increase in demand for power which will enhance the market growth. Also, Europe held considerable market share during the predicted period due to the development activities and technological improvements in the region.
Competition Assessment
Key player’s profiles in the global dielectric gases market include:
- 3M Company (U.S)
- ABB Inc. (Switzerland)
- General Electric (U.S)
- Kanto Denka Kogyo Co., Ltd. (Japan)
- KPL International Limited (India)
- Matheson Tri-Gas, Inc. (U.S)
- Messer Group GmbH (Germany)
- Showa Denko K.K. (Japan)
- Solvay S.A. (Belgium)
- The Linde Group (Ireland)
Global dielectric gases market is surging owing to frequent acquisitions and launchings by the market players. For Instance, In May 2014, Solvay Specialty Polymers launched New High Stiffness Grade of KetaSpire® PEEK. KetaSpire® KT-825 utilizes a proprietary additive and compounding technology that allows the unique combination of high stiffness, excellent ductility, and low specific gravity of 1.35 compared to 1.30 for neat PEEK.
Key Findings of the Report:
- Global dielectric gases market expanding at significant CAGR over 2020 to 2026 owing to rapid urbanization and industrial development in emerging countries
- Based on gas type, SF6 segment accounted for larger market revenue share in 2019 and projected gain market revenue share over the forecast period
- Players focusing on innovation of newer products and collaboration strategies to retain market position in global Dielectric Gases market
Detailed Segmentation
By Gas Type
- SF6
- Dry Air
- Fluoroketone (FK)
- Fluoronitrile (FN)
- Nitrogen
- Others
By Equipment
- Gas Insulated Lines
- Switchgear
- Transformers
By Application
- Extra and Ultra High Voltage
- High Voltage
- Medium Voltage
By End User
- Chemical & Petrochemical
- Heavy Metals
- Mining
- Oil & Gas
- Power Utilities
- Transportation
- Other End Users
By Geography
North America
- US
- Canada
Europe
- Germany
- France
- UK
- Italy
- Spain
- Russia
- Poland
- Rest of Europe
Asia-Pacific
- Japan
- China
- India
- Australia & New Zealand
- ASEAN (Includes Indonesia, Thailand, Vietnam, Philippines, Malaysia, and Others)
- South Korea
- Rest of Asia-Pacific
Latin America
- Brazil
- Mexico
- Argentina
- Venezuela
- Rest of Latin America
Middle East and Africa (MEA)
- Gulf Cooperation Council (GCC) Countries
- Israel
- South Africa
- Rest of MEA
Key Features of the Report:
- The report provides granular level information about the market size, regional market share, historic market (2015-2019) and forecast (2020-2026)
- The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
- The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
- The report tracks recent innovations, key developments and startup’s details that are actively working in the market
- The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
- The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market
Location
GEOGRAPHY
