404
+1-313-307-4176
sales@stratviewresearch.com
Engineered Fluids Market Report
Engineered Fluids (Fluorinated Fluids) Market Size, Share, Trend, Forecast, & Industry Analysis
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. |
Wish to Get a Free Sample? Click here
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.
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.
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.
Know which region offers best growth opportunities. Click here
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.
Want to know the most attractive market segments? Click here
Some of the major players in the engineered fluids (fluorinated fluids) market are-
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.
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:
With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:
Company Profiling
Market Segmentation
Competitive Benchmarking
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 sales@stratviewresearch.com
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.
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.
Asia-Pacific is expected to remain the largest engineered fluids (fluorinated fluids) market during the next five years.
The lubricants segment is expected to remain dominant product type in the engineered fluids (fluorinated fluids) market.
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.
The prime factor driving the growth of the engineered fluids (fluorinated fluids) market is mainly the increasing demand for light weight parts in the aerospace and automotive sectors.
Why are We Class Apart?
Advanced Materials Offer Next Growth Wave
We Specialize in Composites & other Materials Market Research
>60% of the First Buyers Come Back to Us
>95% Client Satisfaction Ratio, the Industry's Highest
Clients Across the Value Chain
Track the Latest Trends in Advanced Materials
Know High Growth Opportunities
WE ACCEPT
