Engineered (fluorinated) fluids are the chemicals that are being used in a wide range of end-use industries due to its properties like durability, strength, resilience, and improved safety. Fluorinated fluids are chemically inert and are used in industries like aerospace and military. There has been a rising use of fluorinated lubricants replacing petroleum-based lubricants due to their superior properties. Considering the inherent inertness of the fluid, its properties also alter. The perfluoropolyether is considered to be one of the most suitable lubricants owing to its inertness. The unique properties of engineered fluids are sure to contribute to an influential expansion of its global market.
MARKET DYNAMICS
The engineered fluids market is assumed to grow in the forecast period owing to the superior qualities of fluorinated fluids coupled with its environment-friendly properties. The expansion of end-use industries and the growing demand in the APAC region have boosted the growth of the engineered fluids market. However, the high cost involved in the manufacturing might restrict the growth of the engineered fluids market. On the other h and , the replacement of petroleum-based lubricants with fluorinated fluid and the rising demand for heat exchangers are likely to showcase growth opportunities for the engineered fluids market during the forecast period.
MARKET SCOPE
The "Global Engineered Fluids Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of engineered fluids market with detailed market segmentation by type, end-use industry, and geography. The global engineered fluids market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading engineered fluids market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global engineered fluids market is segmented on the basis of type, and end-use industry. Based on type, the market is segmented as lubricants, solvents, and heat transfer fluids. On the basis of end-use industry, the market is segmented as electronics & semi-conductors, automotive, chemical processing, oil & gas, power generation, and aerospace.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global engineered fluids market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The engineered fluids market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting engineered fluids market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South & Central America after evaluating political, economic, social and technological factors affecting the engineered fluids market in these regions.
MARKET PLAYERS
The reports cover key developments in the engineered fluids market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from engineered fluids market are anticipated to lucrative growth opportunities in the future with the rising demand for engineered fluids in the global market. Below mentioned is the list of few companies engaged in the engineered fluids market.
The report also includes the profiles of key engineered fluids companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of the last three years, key developments in the past five years.
- Asahi Glass Company
- Daikin Industries
- Engineered Custom Lubricants
- F2 Chemicals Ltd.
- Halocarbon Products Corporation
- Halopolymer Kirovo-Chepetsk
- IKV Tribology
- Solvay Sa
- The 3M Company
- The Chemours Company
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.