Global Engineered fluids (Fluorinated fluids) Market is expected to rise to an estimated value of USD 1865.76 million by 2026, registering a CAGR of 9.3% in the forecast period of 2019-2026. The exceptional characteristics of the fluids such as non-flammability, compatibility and maintain temperature with various types of plastics and metals is leading to the increased usage of the engineered fluids.
Engineered fluids (Fluorinated fluids) are specially engineered to provide excellent lubricity and maintain safety and reliability in various in advanced applications. The product is widely used in the automotive, electronics & semiconductor, oil & gas, aerospace and power generation for reducing the friction between the parts of machine.
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Major Key players profiled in this report are:
Engineered Custom Lubricants, F2 Chemicals Ltd., Finish Line, Inc., FRONTIER PERFORMANCE LUBRICANTS, INC.., Halocarbon Products Corporation, Halopolymer Kirovo-Chepetsk, HARVES Co. Ltd., Honeywell International Inc., IKV, Interflon, Klüber Lubrication, LUBRILOG SAS Z.I., Nye Lubricants, Inc., Performance Fluids Ltd., Solvay, 3M and The Chemours Company.
The objective of this report is to provide a detailed analysis of Chemical and Materials industry and its impact based on applications and on different geographical regions, strategically analyse the growth trends, and future prospects. By keeping in mind the way people live, believe, and expend, market research analysis has been carried out to provide quality market insights.
Major Market Drivers:
- High demand for environmental friendly properties of fluids is driving the market growth.
- Increasing demand of electronic and semi-conductor end-user industry is likely to drive the growth of the engineered fluids market.
- High manufacturing cost of the engineered fluids (fluorinated fluids) is considered to be major restraint for the market.
- Technological advancement is also high which is likely to restrain the growth of the in the engineered fluids (fluorinated fluids) market
The global engineered fluids (fluorinated fluids) market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of engineered fluids (fluorinated fluids) market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Market Segmentation: Engineered fluids Market
- By Type
- Heat Transfer Liquids
- By End-user Industry
- Electronics & Semiconductor
- Oil & Gas
- Chemical Processing
- By Geography
- North America
- Middle East and Africa
- South Africa
- Saudi Arabia
- United Arab Emirates
- United Kingdom
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