SNS Insider Black Friday Offer
Hydrogen Fluoride Gas Detection Market

Hydrogen Fluoride Gas Detection Market Size, Share & Segment by solution type (product and service) by equipment (heavy and compact construction equipment) by type (Loader, cranes, forklift, excavator, dozers, others) by application (excavation and mining, lifting and material handling, earth moving, transportation, others)by industries (Oil and gas ,Construction and infrastructure ,Manufacturing, Mining ,Other), by Regions and Global Forecast 2022-2028

Report Id: SNS/C&M/1527 | May 2022 | Region: Global | 125 Pages

Global Hydrogen Fluoride Gas Detection Market Size was valued at USD 705 million in 2021, and expected to reach USD 1.02 billion by 2028, and grow at a CAGR of 5.5% over the forecast period 2022-2028.

 

Calcium fluoride (CaF2) and sulfuric acid are combined in a 200°C furnace to produce hydrogen fluoride gas, which is then cooled and stored as a colorless liquid. It is a corrosive gas and gas at room temperature. hydrogen in its original form fluoride gas detection devices is stainless steel widely used in a few major consumer industries.

 

MARKET DYNAMICS:

KEY DRIVERS:

  • human and environmental safety regulations.

  • Day by day rising accidents due to hydrogen fluoride gas leakage in oil & gas refineries and chemical plants.

 

RESTRAINTS: 

  • hydrogen fluoride gas detection devices have high prices.

 

OPPORTUNITIES: 

  • Development of automotive industry.

  • Growing adoption of IoT by end-user industries.

 

CHALLENGES: 

  • Hydrogen fluoride gas sensor calibration is tough.

 

IMPACT OF COVID-19: 

COVID-19 has had a severe impact on the global economy as well as all industries. To stop the plague from spreading, governments in several countries have established borders. The initial phase of the epidemic's global shutdown in many countries has had a significant influence on people's lives and quality of life. As a result, the global supply chain has been shattered. The global economy has shrunk as commodity demand has decreased considerably. Due to the outbreak, which has caused a lack of immature materials, production in all industries has been slowed. Productivity declines are caused by variables such as depreciation and supply chain disruption. The outbreak and spread of the COVID-19 epidemic have had a devastating effect on the hydrogen fluoride gas market, leading to a decline in the supply of hydrogen fluoride gas discovery equipment. This led to a decline in revenue leading to lower market growth in the first half of 2020. After COVID-19, the hydrogen fluoride gas detection market is expected to witness continued growth due to strict government regulations and increased demand for hydrogen fluoride gas equipment in the chemical, miconductor, and pharmaceutical industries.

 

By Type, the Hydrogen Fluoride Gas Detection Market are subdivided into portable device and fixed devices. Portable devices, including receivers and hand-held gas monitors, provide an affordable option for end users compared to fixed devices and provide easy access to hydrogen fluoride gas. For instance, in the case of large productive plants, wireless gas receivers can be used to locate specific locations or specific points of hydrogen fluoride gas leaks These devices are simple to use, save money on installation, and provide accurate and quick hydrogen fluoride gas monitoring. Because of these benefits, portable devices are expected to grow at a higher CAGR during the forecast period.

 

By Industry, the Hydrogen Fluoride Gas Detection Market are subdivided into Mining and Metallurgical, Chemical, Glass Etching, Pharmaceutical and Others. Hydrogen fluoride is a corrosive gas found mainly in the chemical industry. It is used to produce chemical groups, especially refrigerators that can be used in refrigerators and air conditioners. Also, it can be used as a catalyst to make alkanes from small alkenes. High-precision hydrogen fluoride monitoring and detection equipment is needed in the industry to prevent any serious accidents on the field. Therefore, the chemical industry creates a huge demand for hydrogen fluoride detection devices that are very accurate, sensitive, and reliable. As a result, during the forecast period, the market for hydrogen fluoride gas detection in the chemical industry is predicted to rise at a very high CAGR. 

 

COMPETITIVE LANDSCAPE:

The key players in the Hydrogen Fluoride Gas Detection Market are Honeywell International, Dragerwerk AG, MSA Safety Incorporated, Sensidyne, LP, Analytical Technology, R.C. Systems, Teledyne Technologies Incorporated, KGaA, GfG Instrumentation, Crowcon Detection Instruments, RKI Instruments and other.

 

MARKET SEGMENTATION

Forms of Hydrogen Fluoride

  • Liquid Hydrogen Fluoride

  • Gas Hydrogen Fluoride

 

BY Type

  • Portable Devices

  • Fixed Devices

 

BY End-user Industry

  • Mining and Metallurgical

  • Chemical

  • Glass Etching

  • Pharmaceutical

  • Others

 

REGIONAL ANALYSIS:

The hydrogen fluoride gas detection market in general is predicted to be dominated by APAC. The market in APAC is expected to grow at a very high CAGR during the forecast period. APAC is a manufacturing facility for automotive, consumer electronics and parts. The growth of the hydrogen fluoride gas detection market in APAC could be attributed to the mass production of hydropower in the region. Countries such as China, Japan, India, and South Korea play a major role in the growth of the APAC hydrogen fluoride gas detection market. Factors such as the adoption of new technologies and the growing popularity of consumer electronics are driving the growth of the hydrogen fluoride gas detection market in the region.

 

REGIONAL COVERAGE:

  • North America

    • USA

    • Canada

    • Mexico

  • Europe

    • Germany

    • UK

    • France

    • Italy

    • Spain

    • The Netherlands

    • Rest of Europe

  • Asia-Pacific

    • Japan

    • south Korea

    • China

    • India

    • Australia

    • Rest of Asia-Pacific

  • The Middle East & Africa

    • Israel

    • UAE

    • South Africa

    • Rest of Middle East & Africa

  • Latin America

    • Brazil

    • Argentina

    • Rest of Latin America

Hydrogen Fluoride Gas Detection Market Report Scope
Report Attributes Details
Market Size in 2021 US$ 705 Million
Market Size by 2028 US$ 1.02 Billion
CAGR CAGR of 5.5% From 2022 to 2028
Base Year 2021
Forecast Period 2022-2028
Historical Data 2017-2020
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • By solution type (product and service)
• By equipment (heavy and compact construction equipment)
• By type (Loader, cranes, forklift, excavator, dozers, others)
• By application (excavation and mining, lifting and material handling, earth moving, transportation, others)
• By industries (Oil and gas ,Construction and infrastructure ,Manufacturing, Mining ,Other)
Regional Analysis/Coverage North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
Company Profiles Hydrogen Fluoride Gas Detection Market are Honeywell International, Dragerwerk AG, MSA Safety Incorporated, Sensidyne, LP, Analytical Technology, R.C. Systems, Teledyne Technologies Incorporated, KGaA, GfG Instrumentation, Crowcon Detection Instruments, RKI Instruments and other.
DRIVERS • human and environmental safety regulations.
• Day by day rising accidents due to hydrogen fluoride gas leakage in oil & gas refineries and chemical plants.
Restraints • hydrogen fluoride gas detection devices have high prices.


Frequently Asked Questions (FAQ) :

The market value will be expected to reach USD 1.02 billion by 2028, and grow at a CAGR of 5.5% over the forecast period 2022-2028.

The outbreak and spread of the COVID-19 epidemic have had a devastating effect on the hydrogen fluoride gas market, leading to a decline in the supply of hydrogen fluoride gas discovery equipment. This led to a decline in revenue leading to lower market growth in the first half of 2020.

The key players in the Hydrogen Fluoride Gas Detection Market are Honeywell International, Dragerwerk AG, MSA Safety Incorporated, Sensidyne, LP, Analytical Technology, R.C. Systems, Teledyne Technologies Incorporated, KGaA, GfG Instrumentation, Crowcon Detection Instruments, RKI Instruments and other.

Yes, and they are Raw material vendors, Distributors/traders/wholesalers/suppliers, Regulatory authorities, including government agencies and NGO, Commercial research & development (R&D) institutions, Importers and exporters, Government organizations, research organizations, and consulting firms, Trade/Industrial associations, End-use industries.

Manufacturers, Consultants, Association, Research Institutes, private and university libraries, suppliers, and distributors of the product.


Table of Content

1. Introduction

1.1 Market Definition

1.2 Scope

1.3 Research Assumptions

 

2. Research Methodology

 

3. Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Challenges

 

4. Impact Analysis

4.1 COVID 19 Impact Analysis

4.2 Impact of Ukraine-Russia War

 

5. Value Chain Analysis

 

6. Porter’s 5 forces model

 

7.  PEST Analysis

  

8. Hydrogen Fluoride Gas Detection Market Segmentation, by Forms of Hydrogen Fluoride

8.1Introduction

8.2 Liquid Hydrogen Fluoride

8.3 Gas Hydrogen Fluoride

 

9. Hydrogen Fluoride Gas Detection Market Segmentation, by type

9.1 Introduction

9.2 Portable Devices

9.3 Fixed Devices

 

10. Hydrogen Fluoride Gas Detection Market Segmentation, by End-User Industry

10.1 Introduction

10.2 Mining and Metallurgical

10.3 Chemical

10.4 Glass Etching

10.5 Pharmaceutical

10.6 Others

 

11. Regional Analysis

11.1 Introduction

11.2 North America

11.2.1 USA

11.2.2 Canada

11.2.3 Mexico

11.3 Europe

11.3.1 Germany

11.3.2 UK

11.3.3 France

11.3.4 Italy

11.3.5 Spain

11.3.6 The Netherlands

11.3.7 Rest of Europe

11.4 Asia-Pacific

11.4.1 Japan

11.4.2 South Korea

11.4.3 China

11.4.4 India

11.4.5 Australia

11.4.6 Rest of Asia-Pacific

11.5 The Middle East & Africa

11.5.1 Israel

11.5.2 UAE

11.5.3 South Africa

11.5.4 Rest

11.6 Latin America

11.6.1 Brazil

11.6.2 Argentina

11.6.3 Rest of Latin America

 

12.Company Profiles

12.1 RKI Instruments

12.1.1 Financial

12.1.2 Products/ Services Offered

12.1.3 SWOT Analysis

12.1.4 The SNS view

12.2 Honeywell International

12.3 Dragerwerk AG

12.4 MSA Safety Incorporated

12.5 Sensidyne, LP

12.6 Analytical Technology

12.7 R.C. Systems

12.8 Teledyne Technologies Incorporated

12.9 KGaA

12.10 GfG Instrumentation

12.11Crowcon Detection Instruments

12.12 Other

 

13.Competitive Landscape

13.1 Competitive Benchmark

13.2 Market Share analysis

13.3 Recent Developments

 

14.Conclusion

 

An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.

Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.

 

The 5 steps process:

Step 1: Secondary Research:

Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.

Secondary Research

Step 2: Primary Research

When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data.  This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.

We at SNS Insider have divided Primary Research into 2 parts.

Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.

This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.

Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.

Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.

Step 3: Data Bank Validation

Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.

Step 4: QA/QC Process

After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.

Step 5: Final QC/QA Process:

This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.