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    Engineered Fluids Market | Covid-19 Impact Analysis

    Engineered Fluids Market | Covid-19 Impact Analysis

    Engineered Fluids Market | Covid-19 Impact Analysis
    Report code - SRAM389 Delivery - 2 Weeks
    Engineered Fluids (Fluorinated Fluids) Market Size, Share, Trend, Forecast, & Industry See more...
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    Impact of COVID-19 on Engineered Fluids Market

    Covid-19 has impacted the market dynamics, competition, and global...

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    Impact of COVID-19 on Engineered Fluids Market

    Covid-19 has impacted the market dynamics, competition, and global supply chains. The revenues have gone down in 2020 and may resume an uptrend gradually from 2021. Companies optimizing their operation and strategy will sustain and beat the competition.

    Note: The summary below might not have included insights on covid impact since we have large number of reports.

    Engineered Fluids (Fluorinated Fluids) Market Insights

    Engineered fluids (fluorinated fluids) market is likely to witness an impressive CAGR of 7.4% during the forecast period. The prime factor bolstering the growth of the engineered fluids (fluorinated fluids) market is mainly the increasing demand for light weight parts in the aerospace and automotive sectors. In addition, the increasing number of applications in various end-use industries, along with the growing usage in PV installations, is the major factor driving the engineered fluids (fluorinated fluids) market.

    Engineered Fluids (Fluorinated Fluids) Market - Snapshot

    Growth

    7.4% for the next five years

    Major Product Type

    Lubricants

    Dominant End-Use Industry Type

    Oil & Gas

    Region with the highest demand

    Asia-Pacific

    Key Players

    Daikin Industries, Solvay SA, The Chemours Company, 3M, Asahi Glass Company, Halocarbon Products Corporation, Halopolymer, F2 Chemicals, IKV Tribology, Lubrilog Lubrication Engineering, Nye Lubricants, and Interflon.

     

    Market Share Analysis

    Engineered-Fluids-Market-Dominant-Segments

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    Engineered Fluids (Fluorinated Fluids) Market Share: By Product Type

    Based on the product type, the market is segmented as lubricants, solvents, and heat transfer fluids. The lubricants segment held the largest share of the market in 2019, and is expected to remain dominant during the forecast period. Engineered lubricants or fluorinated lubricants offer a stable performance over a long time and provide low oxidation degradation. They are fire-resistant in nature and are used for a wide range of temperatures. Fluorinated lubricants are designed to perform effectively between a temperature ranges of -90°C to 300°C. These properties are driving the growth of the market.

    Engineered Fluids (Fluorinated Fluids) Market Share: By End-Use Industry Type

    Based on the end-use industry type, the engineered fluids (fluorinated fluids) market is segmented as electronics & semiconductor, aerospace, chemical processing, automotive, oil & gas, power generation, and others. The oil & gas segment dominates the market, as in extreme conditions fluorinated fluids make it easier to clean spills and help in extending the life of the machinery.

    Engineered Fluids (Fluorinated Fluids) Market Share: By Region

    In terms of regions, Asia-Pacific is estimated to be the largest market for engineered fluids (fluorinated fluids) during the forecast period, with China, Japan, and India being the major countries with lucrative growth opportunities. The growth of the market is driven by rapid industrialization as witnessed in the developing economies of the region and low production costs have prompted the giant players to establish their presence in the region. The growing automotive sector in the region is also contributing to the growth of the region’s market.

    Engineered-Fluids-Market-By-Region

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    Some of the major players in the engineered fluids (fluorinated fluids) market are-

    • Daikin Industries
    • Solvay SA
    • The Chemours Company
    • The 3M Company
    • Asahi Glass Company
    • Halocarbon Products Corporation
    • Halopolymer
    • F2 Chemicals
    • IKV Tribology
    • Lubrilog Lubrication Engineering
    • Nye Lubricants
    • Interflon.

     

    Market Scope & Segmentation

    Engineered fluids are the fluorinated fluids that are versatile and non-flammable. They are used in numerous critical industrial applications. They possess excellent dielectric properties and have a wide range of boiling points along with excellent material compatibility and thermal stability.

    Engineered fluids have gained popularity on account of their excellent properties such as low temperature, non-toxicity, stability, and non-flammability that are required to enhance the performance of heavy machines at manufacturing plants. Growing demand and necessity for thermal management in different industries such as automotive, aerospace, electronics & semiconductor, oil & gas, and power generation industries further fuel the demand for engineered fluids.

    This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

    Engineered Fluids (Fluorinated Fluids) Market Research Report - Features

    Market Segmentation

    4

    Regions Covered

    4

    Countries/Sub-Regions Covered

    15

    No. of Figures & Tables

    >150

    Company Profiles

    10

     

    The engineered fluids (fluorinated fluids) market is segmented into the following categories. 

    Engineered Fluids (Fluorinated Fluids) Market Size, Share, & Forecast, by Product Type:

    • Lubricants (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Solvents (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Heat Transfer Fluids (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Engineered Fluids (Fluorinated Fluids) Market Size, Share, & Forecast, by Polymer Type:

    • Polytetrafluoroethylene (PTFE) (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Polyvinyl Fluoride (PVF) (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Polyvinylidene Fluoride (PVDF) (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Engineered Fluids (Fluorinated Fluids) Market Size, Share, & Forecast, by End-Use Industry Type:

    • Electronics & Semiconductor (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Aerospace (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Chemical Processing (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Automotive (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Oil & Gas (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Power Generation (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Engineered Fluids (Fluorinated Fluids) Market Size, Share, & Forecast, by Region:

    • North America (Country Analysis: the USA, Canada, and Mexico) 
    • Europe (Country Analysis: Germany, France, the UK, Russia, and Rest of Europe)
    • Asia-Pacific (Country Analysis: China, Japan, India, and Rest of Asia-Pacific)
    • Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

    Engineered-Fluids-Market-Segmentation

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    Research Methodology

    This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

     

    Report Features

    This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

    • Market structure: Overview, industry life cycle analysis, supply chain analysis
    • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
    • Market trend and forecast analysis
    • Market segment trend and forecast
    • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
    • Attractive market segments and associated growth opportunities
    • Emerging trends
    • Strategic growth opportunities for the existing and new players
    • Key success factors

     

    Report Customization Options

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to 3 players)
    • SWOT analysis of key players (up to 3 players)

    Market Segmentation

    • Current market segmentation of any one of the product types by end-use industry type.  

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

    Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at [email protected]


    Frequently Asked Questions (FAQs)

    What will be the growth of Engineered Fluids (Fluorinated Fluids) Market in the foreseeable future?

    Driven by the factors like increasing demand for light weight parts in the aerospace and automotive sectors, the engineered fluids (fluorinated fluids) market is expected to witness an impressive growth of 7.4% CAGR in the foreseeable future.

    Who are the key players in the Engineered Fluids (Fluorinated Fluids) Market?

    Daikin Industries, Solvay SA, The Chemours Company, The 3M Company, Asahi Glass Company, Halocarbon Products Corporation, Halopolymer, F2 Chemicals, IKV Tribology, Lubrilog Lubrication Engineering, Nye Lubricants, and Interflon are among the key players in the engineered fluids (fluorinated fluids) market.

    Which country/region is expected to remain the largest Engineered Fluids (Fluorinated Fluids) Market?

    Asia-Pacific is expected to remain the largest engineered fluids (fluorinated fluids) market during the next five years.

    Which product type is expected to remain dominant in the market?

    The lubricants segment is expected to remain dominant product type in the engineered fluids (fluorinated fluids) market.

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