Global Sulfur Tetrafluoride market is expected to 430 million US$ by the end of 2025 QYRESEARCH FOCUS ON MARKET SURVEY AND RESEARCH
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QYResearch • The Sulfur Tetrafluoride market is driven by rising demand in Anticancer drug research and development and electronic gas as well by Plasma etching. The continuous demand for Fluorinating agent to wide range of applications in the chemicals and pharmaceuticals industries. The market is estimated at $ 28.67 million in 2012 and expected to reach $ 228.15 million by 2022 growing at CAGR of 24%. The major applications discussed in the report are Pharmaceutical, Electronic, Agrochemical and others. Out of all application, Pharmaceutical market is estimated to grow by 93.48% till 2022.
QYR
• World’s largest SF4 fluorination facility: The expansion is believed to create possibly the world's largest SF4 fluorination facility. NFIL already operates one of the cGMP certified fluorination facilities in India and the new plant will enable it to keep pace with rising global demand for fluorinated intermediates, particularly used in the development of pharmaceutical intermediates. • North America, led by the U.S. Sulfur Tetrafluoride market size is forecast to witness gains more than 13% CAGR over the projected timeframe. Robust pharmaceutical industry in the region is the major factor contributing the overall regional industry growth. Furthermore, substantial petrochemical and Pharmaceutical gas feedstock in the U.S. will boost regional growth.
QYR Asia Pacific, led by China and India, dominated the global Sulfur Tetrafluoride market size in 2015. Prevalence of strong chemical manufacturers in China and India will boost industry growth. Furthermore, drifting manufacturer focus in setting up manufacturing facilities in Asia Pacific on account of low initial investment and favoring government regulations will drive regional industry by 2022. The market concentration is very high, The Key Players include Air Products, Shandong Ruihua Fluoride Industry, Linde Group and others. The top 2 suppliers in the market accounted for more than 90% of the market. Click to view the full report: https://www.qyresearch.com/index/detail/505161/globalsulfur-tetrafluoride-market