Propane is a three-carbon alkane with the molecular formula C3H8. It is a gas at standard temperature and pressure, but compressible to a transportable liquid. A by-product of natural gas processing and petroleum refining, it is commonly used as a fuel in domestic and industrial applications and in low-emissions public transportation.
Market Analysis and Insights: Global and United States Electronic Grade Propane (C3H8) Market
This report focuses on global and United States Electronic Grade Propane (C3H8) market, also covers the segmentation data of other regions in regional level and county level.
Due to the COVID-19 pandemic, the global Electronic Grade Propane (C3H8) market size is estimated to be worth US$ 87 million in 2022 and is forecast to a readjusted size of US$ 529.9 million by 2028 with a CAGR of 35.2% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, by Type, 4N accounting for % of the Electronic Grade Propane (C3H8) global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While by Application, Epitaxial CVD Process was the leading segment, accounting for over percent market share in 2021, and altered to an % CAGR throughout this forecast period.
Linde is the largest manufacturer of electronic grade propane(C3H8) in the world, has a share over 50%. Other players include Matheson Tri-Gas, Inc., and Sumitomo Seika Chemicals, etc.
Geographically speaking, North America is the largest market, followed by Japan.In terms of type, 4N is most popular and has a market share of over 85%. In terms of application, epitaxial CVD Process is the dominant product using electronic grade propane(C3H8) and accounts for about 90% market share.
Global Electronic Grade Propane (C3H8) Scope and Market Size
Electronic Grade Propane (C3H8) market is segmented by region (country), players, by Type and by Application. Players, stakeholders, and other participants in the global Electronic Grade Propane (C3H8) market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application for the period 2017-2028.
For United States market, this report focuses on the Electronic Grade Propane (C3H8) market size by players, by Type and by Application, for the period 2017-2028. The key players include the global and local players, which play important roles in United States.
Segment by Type, the Electronic Grade Propane (C3H8) market is segmented into
4N
5N
Segment by Application, the Electronic Grade Propane (C3H8) market is segmented into
Epitaxial CVD Process
Others
Regional and Country-level Analysis
By Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
Competitive Landscape and Electronic Grade Propane (C3H8) Market Share Analysis
Electronic Grade Propane (C3H8) market competitive landscape provides details and data information by players. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2017-2022. It also offers detailed analysis supported by reliable statistics on revenue (global and regional level) by players for the period 2017-2022. Details included are company description, major business, company total revenue and the sales, revenue generated in Electronic Grade Propane (C3H8) business, the date to enter into the Electronic Grade Propane (C3H8) market, Electronic Grade Propane (C3H8) product introduction, recent developments, etc.
The major vendors covered:
Linde
Matheson Tri-Gas, Inc.
Sumitomo Seika Chemicals
Summary: Get latest Market Research Reports on Electronic Grade Propane (C3H8). Industry analysis & Market Report on Electronic Grade Propane (C3H8) is a syndicated market report, published as Global and United States Electronic Grade Propane (C3H8) Market Report & Forecast 2022-2028. It is complete Research Study and Industry Analysis of Electronic Grade Propane (C3H8) market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.