Global Xenon Difluoride Market Research Report 2022
Market Analysis and Insights: Global Xenon Difluoride Market
Due to the COVID-19 pandemic, the global Xenon Difluoride market size was US$ 10.42 million in 2021 and is forecast to a readjusted size of US$ 15.18 million by 2028 with a CAGR of 5.5% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, the global Xenon Difluoride (XeF₂) consumption was 2,515.11 Kg in 2021 and will reach 4,959.67 Kg in 2028, growth at a CAGR of 7.0% from 2022-2028.
Geographically, the global Xenon Difluoride (XeF₂) market was led by Asia Pacific, its sales is 2,007.67 Kg and occupied 65.17% of sales market share in 2021. Sales of USMCA and Europe are close, they are 350.26 Kg and 644.17 Kg. In addition, China will be the fastest growing country among them.
The major players in global Xenon Difluoride market include Merck, Pelchem, Shandong Zhongshan, Hunan Yuanchuang Gas, etc. These companies mainly provide electronic grades 5N Xenon Difluoride. The market concentration rate is high, and the top 3 player occupies about 76.02% shares of the global market (according to sales volume).
Asia Pacific, Europe and USMCA are main markets, they occupy over 97.45% of the global market. 5N grade Xenon Difluoride is the main type, with a share over 84.74%. Silicon Etching Processes is the key application, which hold about 78.04% shares.
In 2022, due to the Russian-Ukrainian war, the shipments of electronic special gases including xenon will be seriously affected. This led to a shortage of raw materials for xenon difluoride producers, resulting in a decline in shipments. At the same time, the price of the entire industrial gas market will reach a record high in 2022. However, due to the gradual recovery of downstream demand, its price will gradually decline to a reasonable level during the forecast period. The main factors of price trends are the raw materials price and the international political and economic situation.
In terms of production side, this report researches the Xenon Difluoride capacity, production, growth rate, market share by manufacturers and regional level and country level, from 2017 to 2022, and forecast to 2028.
In terms of sales side, this report focuses on the sales of Xenon Difluoride by regions (countries), company, by Progress and by Application. from 2017 to 2022 and forecast to 2028.
The global Xenon Difluoride market is thoroughly, accurately, and comprehensively assessed in the report with a large focus on market dynamics, market competition, regional growth, segmental analysis, and key growth strategies. Buyers of the report will have access to verified market figures, including global market size in terms of revenue and volume. As part of production analysis, the authors of the report have provided reliable estimations and calculations for global revenue and volume by Progress segment of the global Xenon Difluoride market. These figures have been provided in terms of both revenue and volume for the period 2017-2028. Additionally, the report provides accurate figures for production by region in terms of revenue as well as volume for the same period. The report also includes production capacity statistics for the same period.
By Company
─ Merck
─ Pelchem
─ Shandong Zhongshan
─ Hunan Yuanchuang Gas
Segment by Type
─ 5N
─ 3N, 4N, 6N
Segment by Application
─ Silicon Etching Processes
─ Fluorinating Reagents
─ Others
Production by Region
─ North America
─ Europe
─ China
─ South Africa
─ Others
Sales by Region
─ USMCA
─ Europe
─ Asia Pacific
─ South America, Middle East and Africa
─ China
─ United States
─ South Korea
─ Japan
─ Germany
─ Thailand
─ Canada
─ Taiwan China
─ France
─ Belgium
─ United Kingdom
─ Italy
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