Global Engineered Fluids Market Growth 2023-2029
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.
LPI (LP Information)' newest research report, the “Engineered Fluids Industry Forecast” looks at past sales and reviews total world Engineered Fluids sales in 2022, providing a comprehensive analysis by region and market sector of projected Engineered Fluids sales for 2023 through 2029. With Engineered Fluids sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Engineered Fluids industry.
This Insight Report provides a comprehensive analysis of the global Engineered Fluids landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Engineered Fluids portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Engineered Fluids market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Engineered Fluids and breaks down the forecast by type, by downstream industry, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Engineered Fluids.
The global Engineered Fluids market size is projected to grow from US$ 1087.4 million in 2022 to US$ 1925.7 million in 2029; it is expected to grow at a CAGR of 1925.7 from 2023 to 2029.
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.
This report presents a comprehensive overview, market shares, and growth opportunities of Engineered Fluids market by product type, downstream industry, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Heat Transfer Fluids
Lubricants
Solvents
Others
Segmentation by downstream industry
Automotive
Electronics & Semiconductor
Power Generation
Processing & Manufacturing Plants
Oil & Gas
Aerospace
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Chemours
Daikin Industries
Solvay
Asahi Glass
Halopolymer
Halocarbon
3M
F2 Chemicals
Lubrilog
Engineered Custom Lubricants
Key Questions Addressed in this Report
What is the 10-year outlook for the global Engineered Fluids market?
What factors are driving Engineered Fluids market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Engineered Fluids market opportunities vary by end market size?
How does Engineered Fluids break out type, downstream industry?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
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