Chemical

Engineered Fluids (Fluorinated Fluids) Market by Type (Solvents, Heat Transfer Fluids, and Lubricants), End Users (Oil & Gas Industry, Electronics and Semiconductor Industry, Chemical Industry, Power Generation, Aerospace Industry, Automotive Industry, and Others), and Region - Global Industry Analysis, Size and Forecast, 2019-2031

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Engineered Fluids (Fluorinated Fluids) Market Introduction

The fluorinated lubricant also called as perfluoropolyether which is chemically inert, evaporate very slowly, non-reactive, and non-flammable. Further, it possesses superior properties over petroleum-based lubricants. China, India, Japan, Indonesia, and South Korea are some of the major consumers of fluorinated fluids in terms of spending. In addition, low manufacturing cost and growing industrialization in these countries are projected to create favorable business opportunities for major players operating in engineered fluids market. Also, rising investment in electronics and semiconductor industry and increasing demand for high-performance machinery across the globe is anticipated to create huge opportunities for prominent players offering fluorinated fluids.

 

Market Dynamics

Increasing popularity and adoption of fluorinated fluids over petroleum-based lubricants is boosting growth of the global engineered fluids market. Further, increasing demand for heat exchangers, and environment-friendly properties of fluorinated fluids are anticipated to boost the market growth at a significant rate during the forecast period. However, the high cost associated with the manufacturing and technological development of the fluorinated fluids is expected to limit the engineered fluids (fluorinated fluids) market size expansion to a certain extent throughout the projection period.

 

Market Scope

The global engineered fluids market is segmented based on type, end users, and region.

 

By type, the engineered fluids market is analyzed across solvents, lubricants, and heat transfer fluids segments. Based on end users, the engineered fluids market is segmented into oil & gas industry, aerospace industry, automotive industry, electronics and semiconductor industry, chemical industry, power generation, and other industries segments. Based on region, the engineered fluids market is analyzed across six major geographies such as Western Europe, Latin America, Eastern Europe, North America, Middle East and Africa, and Asia Pacific.

Engineered Fluids Market Competitive Landscape

Major companies in the engineered fluids market are focused towards investing a substantial amount on R&D to increase their product portfolio and meet emerging needs in the market. Moreover, engineered fluids providers are aimed at expanding their production capacity, geographical presence, and technological capabilities. Key companies analyzed in the engineered fluids (fluorinated fluids) industry are Frontier Performance Lubricants, Inc., Asahi Glass Company, Condat Lubricants, Daikin Industries, Engineered Custom Lubricants, F2 Chemicals Ltd., Finish Line, Halocarbon Products Corporation, Halopolymer Kirovo-Chepetsk, Harves Co. Ltd., Honeywell International Inc., IKV Tribology, Interflon, Kluber Lubricants, Lubrilog Lubrication Engineering, Nye Lubricants, Performance Fluids Limited, Solvay Sa, The 3M Company, and The Chemours Company among others.

 

Major Regions/Countries include:
  • North America
    • United States
    • Canada
  • Western Europe
    • Germany
    • United Kingdom
    • Spain
    • France
    • Italy
    • Rest of Western Europe
  • Eastern Europe
    • Russia
    • Poland
    • Rest of Eastern Europe
  • Asia Pacific (APAC)
    • Japan
    • China
    • India
    • ASEAN
    • Australia
    • Rest of Asia-Pacific
  • Latin America
    • Brazil
    • Mexico
    • Argentina
    • Rest of Latin America
  • Middle East and Africa (MEA)
    • GCC
    • North Africa
    • South Africa
    • Rest of MEA

 

This research report on engineered fluids market would be produced using first-hand market information gathered from industry experts and major participants across the value chain, during primary research. It would provide broad view of current market trends, growth factors and competitive analysis.

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