Fluorinated Lubricants Market to Garner Brimming Revenues by 2024
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Fluorinated lubricants are special grade synthetic lubricants, which possess superior properties as compared to petroleum based lubricants. Most of the petroleum based lubricants fail to perform under –18 °C and above 100 °C; the fluorinated lubricants can effectively perform between –90°C and 300 °C. Apart from extensive temperature endurance, significant endurance under high load conditions, hydrophobic nature, chemical inertness, oxidation resistant, etc. are some other important properties of fluorinated lubricants.
The fluorinated lubricants are fluorocarbon ether polymers of polyhexafluoropropylene oxide. Fluorinated lubricants are also known as perfluoropolyether (PFPE), perfluoropolyalkylether (PFPAE), and perfluoroalkylether (PFAE). Owing to the inherent inertness, the PFPE is an outstanding lubricant to be used in reactive and aggressive environments that require direct contact between lubricant and reactive chemicals such as hydrazine, nitric acid or liquid and gaseous chlorine. Fluorinated lubricants are available as both oil and grease. Owing to the highly suitable properties for high temperature and high speed applications, the fluorinated lubricants are broadly used in aerospace engines, military vehicles, marine transports, and high speed cars. Also, the fluorinated lubricants are preferred where clean room or vacuum environment conditions are required such as chemical plants, food processing units, and nuclear applications.
With advancements in technology and strive to increase the productivity of machines, the fluorinated lubricants market is expected to gain healthy demands in the upcoming years. Also, continuous research and development in tribology (the study of friction, wear, lubrication, and the design of bearings) and onerous maintenance cost, frequent re-lubrication, break down losses, and machine downtime are expected to drag more attention toward fluorinated lubricants, resulting in the growth of global fluorinated lubricants market. Moreover, the fluorinated lubricants are non-flammable, which is one of the most desirable properties of lubricants in case of long run machines that is estimated to fuel up the growth of fluorinated lubricants market.
On the other side, fluorinated lubricants are bit costly when compared to petroleum based oils and other synthetic oils, which may act as a restraint for global fluorinated lubricants market growth. Although fluorinated lubricants are considered to be non-toxic under normal operating conditions, at high temperatures, the fluorinated lubricants release fluorine gas, which may cause serious health issues.
The global fluorinated lubricants market can be segmented on the basis of lubricant type and end use industry. On the basis of lubricant type, the global fluorinated lubricants market is segmented into oil and grease. Whereas, on the basis of end use industry, the global fluorinated lubricants market is segmented into manufacturing industry, automotive industry, oil & gas processing, food and beverages industry, chemical industry, and others.
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Several companies in global market are offering industry specific and application specific fluorinated lubricants with different compositions. Examples of some of the participants in the global fluorinated lubricants market are Solvay S.A., The Chemours Company, Daikin Industries Ltd. IKV Group, DuPont, Klüber Lubrication München SE & Co. KG., Sumico Lubricant Co., Ltd., Metalubgroup, etc.
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