Press release
Engineered Fluids (Fluorinated Fluids) Market Growth with Latest Trends 2023-2029 | Top Players like F2 Chemicals Ltd., Finish Line, Inc., Frontier Performance Lubricants, Inc
Engineered fluids are used for a long time in harsh environments because of their special qualities, such as non-flammability, stability at low and high temperatures, and non-toxicity. Fluorinated fluids, often known as tailored fluids, are adaptable substances utilized in thermal management applications. These fluids also have great compatibility with a wide range of polymers, metals, and elastomers, as well as chemical stability, non-toxicity, non-flammability, high and low temperature application. They are carefully designed to provide great lubricity while maintaining reliability and safety in a variety of cutting-edge applications. To lessen friction between machine parts, this product is primarily utilized in the automotive, electronics and semiconductors, oil and gas, aerospace, and power generation industries.Get a Sample PDF Copy of the Report:
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**Note: Version 2023 has been updated.
What does this report offer?
Market size (historical and future), market growth, technical trends, market share, market dynamics, competitive landscape, and key players are all factors to consider.
Development trends, competitive landscape analysis, supply-side analysis, demand-side analysis, year-over-year growth, competitive benchmarking, vendor identification, CMI quadrant, and other significant analysis, as well as development status.
Recent market developments and projected growth prospects, geographical reports that can be tailored to demand
What size is the Engineered Fluids (Fluorinated Fluids) Market:
Global Engineered Fluids (Fluorinated Fluids) Market growing at a CAGR of 8.8%, and it is expected to reach USD 2.14 USD billion by 2029, over the forecast period 2023-2029.
Dynamics:
Increased Aircraft Production Volume
Fluorinating fluids are used in aircraft as heat transfer fluids to reduce engine temperature, and fluorinated solvents are used to clean aircraft components such as valves and gaskets. Increased aircraft production in regions such as Europe and North America has boosted demand for fluorinated fluids. For example, in 2022, Airbus increased the production rate of A320 Family aircraft from 43 in Q3 to 45 in Q4 at its production plants in France, Germany, and Toulouse. In addition, with 224 units produced in 2020, Boeing was the leading manufacturer of wide-body planes, followed by Airbus with 147 units. As a result of such an increase in major aircraft manufacturers' production, the demand for fluorinated fluids and solvents used in them will also rise. This helps the Engineered Fluids Market grow.
Growing Demand for New Automotive Products for Engineered Fluids
Fluorinated fluids, such as polytetrafluoroethylene, have a wide range of applications in the automotive industry because they have low friction and prevent the formation of abrasion particles on parts. It is used as a fluorinated lubricant in automotive bushings, gears, and gaskets, and as a dielectric coolant in engines. The rise in purchasing power, rising living standards, and rapid urbanization have all contributed to an increase in demand for new automobiles. According to the Europe Automobile Manufacturer Association's November 2022 report, new passenger car registrations increased by 2.2% in the first ten months of 2022, with increases shown in European Union markets such as Italy (12.7%), Spain (5.6%), and France (3.1%).
Restraints
Fluorinated fluids are engineered fluids that are created in specialized high-temperature, high-pressure reactors using a process designed specifically to create high-purity engineered compounds. The high cost of high-temperature reactors makes the entire manufacturing process very expensive, especially during dielectric coolants. The primary reason for preferring mineral oil to engineered fluids. This may have a negative impact on the Engineered Fluids Market growth.
Opportunity
The factors that aid in the market's growth include the superior and environmentally friendly qualities of engineered fluids. Increased thermal management issues in the electronics & semiconductors, automotive, and aerospace industries are some of the factors driving the market. Because of these characteristics, fluorinated can operate under harsh conditions like high pressure, an oxidation-prone environment, and high operating temperatures. However, this market is constrained by the high cost of technological development and manufactured fluids.
The increasing application of engineered fluids in several end-use industries is one of the factors anticipated to boost the Engineered Fluids Market. It is primarily because of these fluids' exceptional characteristics. Chemical stability, non-toxicity, and excellent compatibility with a wide range of metals, plastics, and elastomers are a few of the prominent characteristics of engineered fluids.
Who are the key industry players?
F2 Chemicals Ltd., Finish Line, Inc., Frontier Performance Lubricants, Inc, Halocarbon Products Corporation, Halopolymer Kirovo-Chepetsk, IKV, Interflon, Kluber Lubrication, Lubrilog Sas Z.I., Nye Lubricants, Inc
Recent Developments:
January 4, 2021: Halocarbon Electronics Solutions: Bridging the Gap Between Lab-Supply Houses and Large-Scale Chemical Production. As the Lithium-ion (Li-ion) battery industry for the automotive market continues to expand at a rapid pace, the field of innovation becomes increasingly competitive.
November 23, 2021: For decades, gas chromatography has remained an integral analytical technique in many industries, including pharma, environmental testing, and the oil and refinery industries. Halocarbon Engineered Fluids offer a safe, non-toxic, non-flammable, non-reactive, and chemically inert solution for gas chromatography as a cleaning fluid or diluent.
What precisely is market segmentation?
Engineered Fluids (Fluorinated Fluids) Market by Type, 2020-2029, (USD Billion), (Kilotons)
Lubricants
Solvents
Heat Transfer Fluids
Engineered Fluids (Fluorinated Fluids) Market by End User, 2020-2029, (USD Billion), (Kilotons)
Electronics And Semiconductor
Automotive
Chemical Processing
Oil And Gas
Power Generation
Aerospace
Engineered Fluids (Fluorinated Fluids) Keyword Analysis by Regions - Global Version
- North America (the United States, Canada, and Mexico)
- Europe (Germany, France, the United Kingdom, the Netherlands, Italy, the Nordic countries, Spain, Switzerland, and the remainder of Europe)
- Asia-Pacific (including China, Japan, Australia, New Zealand, South Korea, India, Southeast Asia, and the rest of APAC)
- South America (Brazil, Argentina, Chile, Colombia, and the remaining countries, among others)
- the Middle East and Africa (Saudi Arabia, UAE, Israel, Egypt, Turkey, Nigeria, South Africa, and the rest of the MEA)
This report contains detailed quantitative assessments of the Engineered Fluids (Fluorinated Fluids) market as well as recommendations for building strategies to assist market success and growth.
Click to get exclusive facts, information, crucial statistics, trends & Detailed TOC:
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Table of Content:
1 Study Reporting
1.1 Engineered Fluids (Fluorinated Fluids) Product
1.2 Key Segments in This Study
1.3 Key Companies Covered
1.4 Market by Type
1.4.1 Global Engineered Fluids (Fluorinated Fluids) Market Size Growth Rate by Type
1.5 Market by Application
2 Executive Instantaneous
2.1 Global Engineered Fluids (Fluorinated Fluids) Market Size
2.1.1 Global Engineered Fluids (Fluorinated Fluids) Revenue
2.1.2 Global Engineered Fluids (Fluorinated Fluids) Production
2.2 Engineered Fluids (Fluorinated Fluids) Growth Rate (CAGR)
2.3 Analysis of Competitive Landscape
2.3.1 Manufacturers Market Concentration Ratio
2.3.2 Key Engineered Fluids (Fluorinated Fluids) Manufacturers
2.3.2.1 Engineered Fluids (Fluorinated Fluids) Manufacturing Base Distribution, Headquarters
2.3.2.2 Manufacturers «Keyword» Product Offered
2.3.2.3 Date of Manufacturers Enter into Engineered Fluids (Fluorinated Fluids) Market
2.4 Key Trends for Engineered Fluids (Fluorinated Fluids) Markets & Products
3 Market Size by Manufacturers
3.1 Engineered Fluids (Fluorinated Fluids) Production by Manufacturers
3.2 Mergers & Acquisitions, Expansion Plans
4 Engineered Fluids (Fluorinated Fluids) Production by Regions
4.1 Global Engineered Fluids (Fluorinated Fluids) Production by Regions
4.1.1 Global Engineered Fluids (Fluorinated Fluids) Production Market Share by Regions
4.1.2 Global Engineered Fluids (Fluorinated Fluids) Revenue Market Share by Regions
4.2 United States
4.2.1 United States Engineered Fluids (Fluorinated Fluids) Production
4.2.2 United States Engineered Fluids (Fluorinated Fluids) Revenue
4.2.3 Key Players in United States
4.2.4 United States Engineered Fluids (Fluorinated Fluids) Import & Export
4.3 Europe
4.3.1 Europe Engineered Fluids (Fluorinated Fluids) Production
4.3.2 Europe Engineered Fluids (Fluorinated Fluids) Revenue
5 Engineered Fluids (Fluorinated Fluids) Consumption by Regions
5.1 Global Engineered Fluids (Fluorinated Fluids) Consumption by Regions
5.1.1 Consumption by Regions
5.1.2 Consumption Market Share by Regions
5.2 North America
5.2.1 North America Consumption by Application
5.2.2 North America Consumption by Countries
5.2.3 United States
5.2.4 Canada
5.2.5 Mexico
5.3 Europe
5.3.1 Europe Consumption by Application
5.3.2 Europe Consumption by Countries
5.3.3 Germany
5.3.4 France
5.3.5 UK
5.3.6 Italy
5.3.7 Russia
5.4 Asia Pacific
5.4.1 Asia Pacific Consumption by Application
5.4.2 Asia Pacific Consumption by Countries
5.5.1 Central & South America) Consumption by Application
5.5.2 Central & South America Consumption by Country
6 Market Size by Type
6.1 Production by Type
6.2 Revenue by Type
6.3 Price by Type
7 Market Size by Application
7.1 Overview
7.2 Global Engineered Fluids (Fluorinated Fluids) Breakdown Dada by Application
7.2.1 Global Engineered Fluids (Fluorinated Fluids) Consumption by Application
7.2.2 Global Engineered Fluids (Fluorinated Fluids) Consumption Market Share by Application
8 Manufacturers Profiles
9 Production Forecasts
9.1 Engineered Fluids (Fluorinated Fluids) Production and Revenue Forecast
9.1.1 Global Engineered Fluids (Fluorinated Fluids) Production Forecast
9.1.2 Global Engineered Fluids (Fluorinated Fluids) Revenue Forecast
9.2 Engineered Fluids (Fluorinated Fluids) Production and Revenue Forecast by Regions
9.2.1 Global Engineered Fluids (Fluorinated Fluids) Revenue Forecast by Regions
9.2.2 Global Engineered Fluids (Fluorinated Fluids) Production Forecast by Regions
9.3 Engineered Fluids (Fluorinated Fluids) Key Producers Forecast
9.3.1 United States
9.3.2 Europe
9.3.3 China
9.3.4 Japan
9.4 Forecast by Type
9.4.1 Global Engineered Fluids (Fluorinated Fluids) Production Forecast by Type
9.4.2 Global Engineered Fluids (Fluorinated Fluids) Revenue Forecast by Type
10 Consumption Forecast
10.1 Engineered Fluids (Fluorinated Fluids) Consumption Forecast by Application
10.2 Engineered Fluids (Fluorinated Fluids) Consumption Forecast by Regions
10.3 North America Market Consumption Forecast
10.3.1 North America Engineered Fluids (Fluorinated Fluids) Consumption Forecast by Regions
10.3.2 United States
10.3.3 Canada
10.3.4 Mexico
10.4 Europe Market Consumption Forecast
10.4.1 Europe Engineered Fluids (Fluorinated Fluids) Consumption Forecast by Regions 2018-2025
10.4.2 Germany
10.4.3 France
10.4.4 UK
10.4.5 Italy
10.4.6 Russia
10.5 Asia Pacific Market Consumption Forecast
10.5.1 Asia Pacific Engineered Fluids (Fluorinated Fluids) Consumption Forecast by Regions
10.5.2 China
10.5.3 Japan
10.5.4 South Korea
10.5.5 India
10.5.6 Australia
10.5.7 Indonesia
10.5.8 Thailand
10.5.9 Malaysia
10.5.10 Philippines
10.5.11 Vietnam
10.6 Central & South America Market Consumption Forecast
10.6.1 Central & South America Engineered Fluids (Fluorinated Fluids) Consumption Forecast by Regions
10.6.2 Brazil
10.7 Middle East and Africa Market Consumption Forecast
10.7.1 Middle East and Africa Engineered Fluids (Fluorinated Fluids) Consumption Forecast by Regions
10.7.2 GCC Countries
10.7.3 Egypt
10.7.4 South Africa
11 Value Chain and Sales Channels Analysis
11.1 Value Chain Analysis
11.2 Sales Channels Analysis
11.2.1 Engineered Fluids (Fluorinated Fluids) Sales Channels
11.2.2 Engineered Fluids (Fluorinated Fluids) Distributors
11.3 Engineered Fluids (Fluorinated Fluids) Customers
12 Market Opportunities & Challenges, Risks and Influences Factors Analysis
12.1 Market Opportunities and Drivers
12.2 Market Challenges
12.3 Market Risks/Restraints
12.4 Key World Economic Indicators
13 Key Findings in the Global Engineered Fluids (Fluorinated Fluids) Study
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.1.1 Research Programs/Design
14.1.1.2 Market Size Estimation
14.1.1.3 Market Breakdown and Data Triangulation
14.1.2 Data Source
14.1.2.1 Secondary Sources
14.1.2.2 Primary Sources
14.2 Author Details
14.3 Disclaimer
Continue….
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The study of the effects of the Russia-Ukraine War and COVID-19 on Engineered Fluids (Fluorinated Fluids) industry will be added to the final report.
The market for Engineered Fluids (Fluorinated Fluids) has been thoroughly researched for this research report using both primary and secondary sources. Along with a competitive analysis of the market, segmented by application, type, and geographical trends, it offers a comprehensive overview of the market's present and future goals. Additionally, a dashboard analysis of the previous and current performance of top organizations is provided. To ensure accurate and thorough information about the Engineered Fluids (Fluorinated Fluids) Market, a range of approaches and analysis are utilized in the study.
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