Global Engineered Fluids Market 2022-2026

Global Engineered Fluids Market 2022-2026

Technavio has been monitoring the engineered fluids market and it is poised to grow by $ 523.24 mn during 2022-2026, accelerating at a CAGR of 7.79% during the forecast period. Our report on the engineered fluids market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis of the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the growing demand for engineered fluids in the construction, steel, and cement industry, the rising demand for engineered fluids in developing economies, and the increasing need for reliable machinery and effective maintenance.

The engineered fluids market analysis includes the type segment and geographic landscape.

Technavio's engineered fluids market is segmented as below:

By Type

• Lubricants
• Solvents
• Heat transfer fluids

By Geographical Landscape

• APAC
• North America
• Europe
• Middle East and Africa
• South America

This study identifies the emergence of bio-based engineered fluids as one of the prime reasons driving the engineered fluids market growth during the next few years. Also, an increase in M&A activities and the rising need for technological upgrades will lead to sizable demand in the market.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the engineered fluids market covers the following areas:

• Engineered fluids market sizing
• Engineered fluids market forecast
• Engineered fluids market industry analysis

Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading engineered fluids market vendors that include 3M Co., ASA Computers Inc., CPI Fluid Engineering Corp., DCX Ltd., Engineered Fluids, F2 Chemicals Ltd., Frontier Performance Lubricants Inc., Halocarbon LLC, HaloPolymer OJSC, IKV Tribology Ltd., Interflon BV, Kluber Lubrication Munchen SE and Co. KG, Lubrilog SAS, Merck KGaA, Nye Lubricants Inc., Performance Fluids Ltd., Perstorp Holding AB, Shell plc, Solvay SA, and The Lubrizol Corp. Also, the engineered fluids market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.