info@strategicmarketresearch.com
26, Broadway, Suite 934, New York , 10004
us US: +1-315-636-4233    uk UK: +44-162-237-0614     in IN: +91-826-083-6500
smrlogonew
  • Home
  • About
    • Why SMR
    • Research Methodology
    • Media Coverage
    • Join Our Team
  • Reports
    • Aerospace and Defense
    • Agriculture
    • Automotive
    • Chemicals and Materials
    • Consumer Goods
    • Energy and Power
    • Equipment and Machinery
    • Food and Beverages
    • Healthcare
    • Information and Communication Technology
    • Semiconductor and Electronics
    • Manufacturing and Construction
  • Our Practices
    • Syndicated Research
    • Consulting Services
    • Custom Research
    • Full-time Engagement Model
  • Insights
    • Press Release
    • Blog
  • Contact
 
Home » Chemicals and Materials » SF6 Gas Recovery Device Market Report 2030

SF₆ Gas Recovery Device Market By Product Type (Portable SF₆ Gas Recovery Devices, Stationary SF₆ Gas Recovery Devices); By Application (Power Utilities, Equipment Manufacturers, Industrial Applications, Others); By Geography, Segment revenue estimation, Forecast, 2024–2032.

Published On: NOV-2024   |   Base Year: 2022   |   No Of Pages: 150   |   Historical Data: 2017-2021   |   Formats: PDF   |   Report ID: 65572989

The sf6 gas recovery device market was valued at around USD 320 million in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 7.8%, reaching approximately USD 580 million by 2030. SF6 (Sulfur Hexafluoride) is used in the electrical power industry as an insulating medium because of its superior dielectric insulation and high thermal stability. This gas helps to eliminate the risk inherent to high voltage equipment manufacturing like transformers, switch gears, and circuit breakers, among others. This gas is important in the manufacturing of high-voltage equipment. Nevertheless, SF6 has a high environmental disadvantage as a greenhouse gas with a GWP than CO2 for many folds. Thus, recovery and management of SF6 are very important, and hence, the market for SF6 gas recovery devices which are employed for capturing, reusing, and minimizing emissions of SF6.

 

These recovery devices are very effective in mitigating leakage of SF6, which is compliant with modern standards in various environmental standards of the world. The market is now popular as industries in different territories look for alternatives to decrease emissions, utilize the lifetime of SF6 more, and adhere to global regulations concerning greenhouse gases.

 

Market Dynamics

Regulatory Pressures and Environmental Concerns: This compound is one of the most potent greenhouse gases, with a claimed GWP of 23,500 times that of carbon dioxide. Being aware of its effects on the environment, authorities and agencies have put measures of regulation control on its utilization, management, and recycling. For instance, the F-Gas Regulation in the EU and its counterparts in other regions have laid down specific guidelines concerning the management of SF6 emissions where the use of recovery systems for retrieving and reusing SF6 is mandatory. In the United States alone, industries are required by the Environmental Protection Agency (EPA) to adhere to set standards regarding handling and disposal of SF6, which has led to industries having gas recovery devices. These measures expand market demand by shifting more responsibility to industries utilizing SF6-insulated devices.

 

Expansion of Electrical Infrastructure: As economic development and urbanization increase, electricity demand rises, leading to the expansion of electrical networks. This growth contributes to the higher application of SF6 insulated equipment because of its properties of insulation and high performances in voltage transmission systems. For example, nations in the Asia-Pacific region are experiencing the growth of their electrical systems to cope with industrialization and city development, increasing the necessity for SF6 recovery systems, which utilities are looking for environmentally friendly solutions.

 

Increased Focus on Sustainability and Corporate Responsibility: With sustainability fast emerging as a key goal of many organizations, industries that rely on SF6 find themselves compelled to reduce their environmental impact. Businesses continually adopt environmentally friendly measures, and SF6 recovery devices are used to recover and reuse SF6 gas. The need for recovery systems also corresponds with organizations’ global CSR initiatives and contributes to the global market’s growth.

 

Market Challenges:

The main challenges faced by the market include the high costs associated with the recovery equipment and its maintenance, which are likely to hamper the market's growth to some extent. Thirdly, the handling of SF6 recovery devices raises some challenges, especially hiring expert technologists to handle the gases safely for a perfect recovery. Some developing regions lack adequate information on the flammability of SF6 and, therefore, may slow down the market's growth.

 

sf6-gas-recovery-device-market-infographic

 

SF6 Gas Recovery Device Market Segmentation

The SF6 Gas Recovery Device Market can be segmented based on product type, application, and region:

  • By Product Type:
    • Portable SF6 Gas Recovery Devices

    • Stationary SF6 Gas Recovery Devices

 

  • By Application:

    • Power Utilities

    • Equipment Manufacturers

    • Industrial Applications

    • Others

 

  • By Region:

    • North America

    • Europe

    • Asia-Pacific

    • Latin America

    • Middle East & Africa

 

Leading Product Type: Fixed SF6 Gas Recovery Equipment

The fixed SF6 gas recovery systems head the product type category, especially in most extensive industrial and utility applications. Inline devices have high recovery ratios and are long-term enduring, strongly recommended for applications with large amounts of SF6. These devices are crucial in utilities and industrial buildings where high-frequency recovery operations are inevitable to comply with regulatory provisions and reduce the negative environmental impact.

 

Leading Application: Power Utilities

The power utilities segment exhibits the largest share under the application segment as the sector extensively uses the SF6 insulated equipment. SF6 gas provides stand-out insulation in working high-voltage equipment, including circuit breakers and transformers, which are vital in electricity provision. As there is pressure on the regulatory authorities to reduce the use of SF6, utilities increasingly use recovery equipment that allows the re-use of SF6 to meet the demand. Therefore, there is less demand for SF6 production from companies, leading to the fulfillment of environmental policies.

 

Key players in the SF6 Gas Recovery Device Market include:

  • DILO

  • WIKA

  • Enervac (Clark Reliance)

  • HAUG Sauer Kompressoren

  • Gasbanor

  • Amperis

  • Baron USA

  • Acore Filtration

  • SF6Relations

  • Yuneng Oil-Filter Manufacturing

  • Zhiyi System Engineering

  • HUAZHENG Electric Manufacturing

  • Rui Du Mechanical and Electrical (Listed under HVRV, its main brand)

  • Assen Power Equipment

  • FUOOTECH Group

 

SF6 Gas Recovery Device Market Report Coverage

Report Attribute

Details

Forecast Period

2023 – 2030

Market Size Value in 2023

USD 320 million

Revenue Forecast in 2030

USD 580 million

Overall Growth Rate

CAGR of 7.8%

Base Year for Estimation

2022

Historical Data

2017 – 2021

Unit

USD Million, CAGR (2023 - 2030)

Segmentation

By Product Type, By Application, By Region

By Product Type

Portable SF6 Gas Recovery Devices, Stationary SF6 Gas Recovery Devices

By Application

Power Utilities, Equipment Manufacturers, Industrial Applications, Others

By Region

North America, Europe, Asia-Pacific, Latin America, Middle East & Africa

Country Scope

US, Mexico, Canada, Germany, UK, France, China, Japan, India, etc.

Pricing and Purchase Options

Avail customized purchase options to meet your exact research needs.

 

Regional Analysis

Leading Region: Europe

Europe is the largest regional market for SF6 gas recovery devices due to the increased environmental conservation laws and the region’s keenness to cut greenhouse gas emissions. The European Union’s F-Gas Regulation sets restrictions on allowable SF6 usage and covers the proper use of gases in all sectors. Such an environment explains the increasing use of SF6 recovery solutions in the European power and industrial market. Germany, France, and other countries have been pioneers in investing in the recovery of SF6 for compliance and to support the reduction of greenhouse gas emissions.

 

The United States and Canada are some of the largest markets in North America due to EPA standards and state legislation encouraging proper usage of SF6. It reveals the high demand, especially in the utility where compliance with environmental requirements is essential.

 

The Asia-Pacific region is growing at the fastest rate due to industrialization and rising eagerness for environmental problems. Components such as SF6 installed in China & India prioritize managing emissions via infrastructure & regulation; hence, SF6 recovery devices across many industries.

 

Future Outlook

Global SF6 Gas Recovery Device Market is projected to grow steadily, backed by environmental standards, technology, and sustainability. This is because new device technology advancements, such as digital integration and remote tracking, will help enhance efficiency and conform to the market. Increased awareness of environmental relevancy and lowered greenhouse emissions will foster a broader SF6 recovery devices market among different industries worldwide, hence bestowing the market with a good prospect in the following years.

Frequently Asked Question About This Report

The market was valued at approximately USD 320 million in 2023 and is projected to reach around USD 580 million by 2030, growing at a CAGR of 7.8%.

The market is driven by regulatory pressures and environmental concerns due to high global warming potential of SF6, expansion of electrical infrastructure increasing the use of SF6-insulated equipment, and a growing focus on sustainability and corporate responsibility.

Key players include DILO, WIKA, Enervac (Clark Reliance), HAUG Sauer Kompressoren, and Gasbanor.

Europe leads the market due to stringent environmental regulations and proactive measures to reduce greenhouse gas emissions.

The power utilities segment holds the largest share, as SF6-insulated equipment is extensively used in high-voltage applications within this sector.

.

Table of Contents

EXECUTIVE SUMMARY
•    Market Attractiveness
•    Understanding the Target Customers
•    CXO Perspective
•    Global SF6 Gas Recovery Device Market, Historical Market Size & Future Projections Analysis
•    Global SF6 Gas Recovery Device Market, By Product Type
•    Global SF6 Gas Recovery Device Market, By Application
•    Global SF6 Gas Recovery Device Market, By Region
MARKET SHARE ANALYSIS
•    Key Players with Revenue and Sales Volume
•    Market Share, 2024
INVESTMENT OPPORTUNITIES IN THE MARKET
•    Ongoing Market Developments
•    Merger & Acquisition Trends
•    Key Investment Opportunities
•    High-Growth Segments from Investment Perspective
MARKET INTRODUCTION
•    Definition
•    Scope of the Study
•    Market Structure
•    Macro Factor Indicator Analysis
•    Key Findings
o    Top Investment Pockets
RESEARCH METHODOLOGY
•    Research Process
•    Primary Research
•    Secondary Research
•    Market Size Estimation
•    Forecast Model
MARKET DYNAMICS
•    Introduction
•    Drivers
•    Restraints
•    Opportunities
•    Challenges
•    COVID-19 Impact Analysis
GLOBAL SF6 GAS RECOVERY DEVICE MARKET ANALYSIS
•    Overview
•    Global SF6 Gas Recovery Device Historical Market Size, Sales Volume (2022 – 2032)
•    Global SF6 Gas Recovery Device Market Size, Sales Volume, and Forecasts (2024 – 2032)
•    Global SF6 Gas Recovery Device Market, By Product Type
o    Portable SF6 Gas Recovery Devices
o    Stationary SF6 Gas Recovery Devices
•    Global SF6 Gas Recovery Device Market, By Application
o    Power Utilities
o    Equipment Manufacturers
o    Industrial Applications
o    Others
•    Global SF6 Gas Recovery Device Market, By Region
o    North America
o    Europe
o    Asia Pacific
o    Latin America
o    Middle East & Africa
NORTH AMERICA SF6 GAS RECOVERY DEVICE MARKET ANALYSIS
•    Overview
•    North America SF6 Gas Recovery Device Historical Market Size, Sales Volume (2022 – 2032)
•    North America SF6 Gas Recovery Device Market Size, Sales Volume, and Forecasts (2024 – 2032)
•    North America SF6 Gas Recovery Device Market, By Product Type
•    North America SF6 Gas Recovery Device Market, By Application
•    North America SF6 Gas Recovery Device Market, By Country
o    US
o    Canada
o    Mexico
o    Rest of North America
EUROPE SF6 GAS RECOVERY DEVICE MARKET ANALYSIS
•    Overview
•    Europe SF6 Gas Recovery Device Historical Market Size, Sales Volume (2022 – 2032)
•    Europe SF6 Gas Recovery Device Market Size, Sales Volume, and Forecasts (2024 – 2032)
•    Europe SF6 Gas Recovery Device Market, By Product Type
•    Europe SF6 Gas Recovery Device Market, By Application
•    Europe SF6 Gas Recovery Device Market, By Country
o    Switzerland
o    Russia
o    France
o    Germany
o    U.K.
o    Finland
o    Turkey
o    Netherlands
o    Belgium
o    Spain
o    Italy
o    Rest of Europe
ASIA PACIFIC SF6 GAS RECOVERY DEVICE MARKET ANALYSIS
•    Overview
•    Asia Pacific SF6 Gas Recovery Device Historical Market Size, Sales Volume (2022 – 2032)
•    Asia Pacific SF6 Gas Recovery Device Market Size, Sales Volume, and Forecasts (2024 – 2032)
•    Asia Pacific SF6 Gas Recovery Device Market, By Product Type
•    Asia Pacific SF6 Gas Recovery Device Market, By Application
•    Asia Pacific SF6 Gas Recovery Device Market, By Country
o    India
o    China
o    South Korea
o    Japan
o    Singapore
o    Thailand
o    Indonesia
o    Malaysia
o    Philippines
o    Australia
o    Rest of Asia-Pacific
LAMEA SF6 GAS RECOVERY DEVICE MARKET ANALYSIS
•    Overview
•    LAMEA SF6 Gas Recovery Device Historical Market Size, Sales Volume (2022 – 2032)
•    LAMEA SF6 Gas Recovery Device Market Size, Sales Volume, and Forecasts (2024 – 2032)
•    LAMEA SF6 Gas Recovery Device Market, By Product Type
•    LAMEA SF6 Gas Recovery Device Market, By Application
•    LAMEA SF6 Gas Recovery Device Market, By Country
o    Brazil
o    Argentina
o    Uruguay
o    Saudi Arabia
o    Rest of LAMEA
COMPANY PROFILES
•    DILO
o    Company Overview
o    Product Portfolio in SF6 Gas Recovery Device Market
o    Key Strategies and Developments
•    WIKA
o    Company Overview
o    Product Portfolio in SF6 Gas Recovery Device Market
o    Key Strategies and Developments
•    Enervac (Clark Reliance)
o    Company Overview
o    Product Portfolio in SF6 Gas Recovery Device Market
o    Key Strategies and Developments
•    HAUG Sauer Kompressoren
o    Company Overview
o    Product Portfolio in SF6 Gas Recovery Device Market
o    Key Strategies and Developments
•    Gasbanor
o    Company Overview
o    Product Portfolio in SF6 Gas Recovery Device Market
o    Key Strategies and Developments
•    Additional Key Players:
o    Amperis
o    Baron USA
o    Acore Filtration
o    SF6Relations
o    Yuneng Oil-Filter Manufacturing
o    Zhiyi System Engineering
o    HUAZHENG Electric Manufacturing
o    Rui Du Mechanical and Electrical
o    Assen Power Equipment
o    FUOOTECH Group
LIST OF TABLES
•    Table: SF6 Gas Recovery Device Market, By Product Type, 2024-2032 (USD Million)
•    Table: Portable SF6 Gas Recovery Devices Market, By Region, 2024-2032 (USD Million)
•    Table: Stationary SF6 Gas Recovery Devices Market, By Region, 2024-2032 (USD Million)
•    Table: SF6 Gas Recovery Device Market, By Application, 2024-2032 (USD Million)
•    Table: Market for Power Utilities, By Region, 2024-2032 (USD Million)
•    Table: Market for Equipment Manufacturers, By Region, 2024-2032 (USD Million)
•    Table: Market for Industrial Applications, By Region, 2024-2032 (USD Million)
•    Table: SF6 Gas Recovery Device Market, By Region, 2024-2032 (USD Million)
•    Additional tables for each regional breakdown by product type and application
LIST OF FIGURES
•    Figure: SF6 Gas Recovery Device Market Research Methodology
•    Figure: Product Type and Service-Based Market Estimation
•    Figure: Dominating Market Share, By Product Type, 2024 vs. 2032
•    Figure: Dominating Market Share, By Application, 2024 vs. 2032
•    Figure: Geographical Snapshot of the Market
•    Figure: Regional Demand Trends for SF6 Gas Recovery Devices
•    Figure: Market Drivers, Restraints, Opportunities, and Challenges
•    Additional figures for company financial overviews, market trends, and competitive benchmarking

Choose License Type


$4485
$6449
$8339
Buy Now
"Click to avail the latest sample copy of the report"
Request Sample
"Probe before placing the order"
Pre-Order Enquiry
"Let's optimize your ROI by furnishing the best price"
Request Discount
"Want to curate the report according to your business needs:"
Ask for Customization
Related Reports
Buy Now
Request Sample

Trust Online

  • paypal.png
  • wiretransfers

Follow Us

  • facebook
  • twitter
  • instagram
  • linkedin

Contact Us

  • US: +1-315-636-4233
  • UK: +44-162-237-0614
  • IN: +91-826-083-6500
  • info@strategicmarketresearch.com
  • Strategic Market Research
    26, Broadway Suite 934, New York , 10004

Quick Link

  • Why SMR
  • Research Methodology
  • Media Coverage
  • Join Our Team
  • Press Release
  • Blog

Customer Support

  • FAQs
  • Contact
  • Terms of Use
  • Privacy Policy
  • Disclaimer Policy
  • Return Policy
Copyright © 2022 Strategic Market Research All rights reserved.