Press release
Engineered Fluids (Fluorinated Fluids) Market: Global Industry Analysis and Forecast 2021-2026
The Engineered Fluids (Fluorinated Fluids) Market report published by Stratview Research offers wide-ranging analysis of key growth strategies, drivers, opportunities, key segments, and competitive landscape, etc. This detailed study is a useful source of information for prominent market players, new entrants, investors, and stakeholders to gain a thorough understanding of the market and determine measures to be taken to gain a competitive advantage.Some key takeaways from this report –
The report offers key drivers that trigger the growth in the Engineered Fluids (Fluorinated Fluids) Market. The insights mentioned in this report helps market players in formulating strategies to gain market presence or to sustain during the hard times. The research also mentions restraints of the market. Critical data on growth opportunities, current and upcoming trends are mentioned to assist market players in taking further steps by determining the potential in untapped regions.
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The research offers segment wise analysis of the Engineered Fluids (Fluorinated Fluids) Market. Extensive analysis of sales, revenue, growth rate, and market share of each for the historic period and the forecast period is offered with the help of tables, graphs, pie charts and more.
Engineered Fluids (Fluorinated Fluids) Market Share: By Product Type
Based on the product type, the market is segmented as lubricants, solvents, and heat transfer fluids. The lubricants segment held the largest share of the market in 2019, and is expected to remain dominant during the forecast period. Engineered lubricants or fluorinated lubricants offer a stable performance over a long time and provide low oxidation degradation. They are fire-resistant in nature and are used for a wide range of temperatures. Fluorinated lubricants are designed to perform effectively between a temperature-ranges of -90°C to 300°C. These properties are driving the growth of the market.
Engineered Fluids (Fluorinated Fluids) Market Share: By End-Use Industry Type
Based on the end-use industry type, the engineered fluids (fluorinated fluids) market is segmented as electronics & semiconductor, aerospace, chemical processing, automotive, oil & gas, power generation, and others. The oil & gas segment dominates the market, as in extreme conditions fluorinated fluids make it easier to clean spills and help in extending the life of the machinery.
Engineered Fluids (Fluorinated Fluids) Market Share: By Region
In terms of regions, Asia-Pacific is estimated to be the largest market for engineered fluids (fluorinated fluids) during the forecast period, with China, Japan, and India being the major countries with lucrative growth opportunities. The growth of the market is driven by rapid industrialization as witnessed in the developing economies of the region and low production costs have prompted the giant players to establish their presence in the region. The growing automotive sector in the region is also contributing to the growth of the region’s market.
Key Players
The following are the key players in the Engineered Fluids (Fluorinated Fluids) Market-
• Daikin Industries
• Solvay SA
• The Chemours Company
• The 3M Company
• Asahi Glass Company
• Halocarbon Products Corporation
• Halopolymer
• F2 Chemicals
• IKV Tribology
• Lubrilog Lubrication Engineering
• Nye Lubricants
• Interflon.
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Stratview Research is a global market research firm, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with insightful market data to aid strategic decision making. These exclusive reports are the result of exclusive research methodology and are available for key industries such as chemicals, composites, advanced materials, technology, renewable energy, and more.
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