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Sulfur Hexafluoride Market is expected to reach US$ 340.75 Mn by 2026

In terms of value, the  global sulfur hexafluoride market  is projected to expand at a CAGR of 6.3% from 2018 to 2026, according to a new research report titled ‘Sulfur hexafluoride Market – Global Industry Analysis, Value, Share, Growth, Trends, and Forecast, 2018–2026’ published by Transparency Market Research (TMR) .In terms of value, the global sulfur hexafluoride market is expected to reach US$ 340.75 Mn by 2026. The market is driven by the increase in electricity consumption across the globe. The sulfur hexafluoride market in Asia Pacific is estimated to expand at a CAGR of 6.4% during the forecast period owing to rising need for power utilities due to the increase in demand for homes and infrastructure development led by rapid increase in population in countries such as China and India. Based on grade, the technical grade segment accounted for a major share of the global sulfur hexafluoride market in 2017 and this trend is anticipated to continue during the forecast pe...