The global Engineered Fluids market was valued at US$ 947.7 million in 2019 and it is expected to reach US$ 1648.5 million by the end of 2026, growing at a CAGR of 8.2% during 2021-2026.
Engineered fluids are versatile materials that are used for thermal management application. Some of the exceptional properties of these fluids include chemical stability, non-toxicity, non-flammability, high and low-temperature use, and excellent compatibility with a wide range of plastics, metals, and elastomers. Engineered fluids are used in various end-use Industries such as electronics & semiconductor, automotive, chemical processing, oil & gas, power generation, and aerospace, to reduce friction between machine parts.
Globally, the engineered fluids industry market is concentrated as the manufacturing technology of Engineered Fluids is relatively mature. Chemours is the biggest player in engineered fluids market, with about 19.49% of market share (revenue) in 2019. Other enterprises, like Daikin Industries, Solvay, Asahi Glass, Halopolymer, Halocarbon, 3M, F2 Chemicals, Lubrilog, and Engineered Custom Lubricants, etc. are well-known for the wonderful performance of their engineered fluids and related services.
Global Engineered Fluids Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Engineered Fluids Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027.
Key Companies profiled in this report are Chemours, Daikin Industries, Solvay, Asahi Glass, Halopolymer, Halocarbon, 3M, F2 Chemicals, Lubrilog, Engineered Custom Lubricants and more in terms of market share by sales, revenue, average pricing, product type, margins, recent developments etc.
Find more details at: https://www.themarketreports.com/report/global-engineered-fluids-market-research-report
Segment by Type
- Heat Transfer Fluids
Segment by Application
- Electronics & Semiconductor
- Power Generation
- Processing & Manufacturing Plants
- Oil & Gas
Table of Content:
1 Engineered Fluids Market Overview
2 Engineered Fluids Market Competition by Manufacturers
3 Engineered Fluids Retrospective Market Scenario by Region
4 Global Engineered Fluids Historic Market Analysis by Type
5 Global Engineered Fluids Historic Market Analysis by Application
6 Key Companies Profiled
7 Engineered Fluids Manufacturing Cost Analysis
8 Marketing Channel, Distributors and Customers
9 Engineered Fluids Market Dynamics
10 Global Engineered Fluids Market Forecast
11 Research Finding and Conclusion
12 Methodology and Data Source
13 Forecast by Type and by Application (2022-2027)
14 Research Finding and Conclusion
15 Methodology and Data Source
Company Name: The Market Reports
Contact Person: Shirish Gupta
Peter Barzilai is a high school pitcher and college rower turned longtime World News journalist. Peter has also written for Buzz Feed and Huffington Post and many other major publications, Peter Loves everything about sports and loves to write on trending topics and he is DailyFactsNTrends member since 2017.