Global Functional Fluids Market 2016-2020

  • ID: 3807786
  • Report
  • Region: Global
  • 67 pages
  • TechNavio
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FEATURED COMPANIES

  • BASF
  • BP
  • Chevron Oronite
  • ExxonMobil
  • Shell
  • TOTAL
  • MORE
About Functional Fluids

Functional fluids, such as lubricants, transmission fluids, hydraulic fluids, heat transfer fluids, and metalworking fluids, are prepared from base stocks, which are hydrocarbons, synthetic or biological in origin. Functional fluids offer high energy efficiency, productivity, sustainability, and the smooth running of different end-user businesses. The demand for functional fluids is highly dependent on end-user industries, such as automotive, transportation, and industrial machinery.

The analysts forecast the global functional fluids market to grow at a CAGR of 4.41% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global functional fluids market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of functional fluids in different geographic regions.

The market is divided into the following segments based on geography:

- APAC
- EMEA
- North America
- ROW

The report, Global Functional Fluids Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- BASF
- BP
- Chevron Oronite
- ExxonMobil
- Shell
- TOTAL

Market drivers
- Recovery in automobile production is driving functional fluids market in automobile sector

Market challenges
- Environment, health, and safety issues

Market trends
- Demand for synthetic and semisynthetic metalworking

Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • BASF
  • BP
  • Chevron Oronite
  • ExxonMobil
  • Shell
  • TOTAL
  • MORE
PART 01: Executive summary
  • Highlights
PART 02: Scope of the report
  • Market overview
PART 03: Market research methodology
  • Research methodology
  • Economic indicators
PART 04: Introduction
  • Key market highlights
PART 05: Market landscape
  • Market overview
  • Market size and forecast
  • Five forces analysis
PART 06: Market segmentation by product type
  • Global functional fluids market by product type
  • Global functional fluids market by transmission and hydraulic fluids
  • Global functional fluids market by metalworking fluids
  • Global functional fluids market by heat transfer fluids
  • Global functional fluids market by process oils
PART 07: Market segmentation by applications
  • Global functional fluids market by application
  • Global functional fluids market in industrial segment
  • Global functional fluids market in transportation segment
  • Global functional fluids market in construction segment
PART 08: Global functional fluids market by geography
  • Global functional fluids market by geography
  • Functional fluids market in APAC
  • Functional fluids market in North America
  • Functional fluids market in EMEA
  • Functional fluids market in ROW
PART 09: Market drivers

PART 10: Impact of drivers

PART 11: Market challenges

PART 12: Impact of drivers and challenges

PART 13: Market trends

PART 14: Vendor landscape
  • Competitive scenario
  • Buying criteria
PART 15: Key vendor analysis
  • BASF
  • BP
  • Chevron Oronite
  • ExxonMobil
  • Shell
  • TOTAL
PART 16: Appendix
  • List of abbreviation
PART 17: About the Author

List of Exhibits

Exhibit 01: Global functional fluids market
Exhibit 02: Global functional fluids market 2015-2020 ($ billions)
Exhibit 03: Five forces analysis
Exhibit 04: Global functional fluids market by product type 2015
Exhibit 05: Global functional fluids market by product type 2020
Exhibit 06: Global functional fluids market by transmission and hydraulic fluids 2015-2020 ($ billions)
Exhibit 07: Global functional fluids market by metalworking fluids 2015-2020 ($ billions)
Exhibit 08: Global functional fluids market by heat transfer fluids 2015-2020 ($ billions)
Exhibit 09: Global functional fluids market by process oils 2015-2020 ($ billions)
Exhibit 10: Global functional fluids market by application 2015
Exhibit 11: Global functional fluids market by application 2020
Exhibit 12: Global functional fluids market in industrial segment 2015-2020 ($ billions)
Exhibit 13: Comparison of industrial production growth rate of key leading countries in terms of consumption 2010-2014
Exhibit 14: Global functional fluids market in transportation segment 2015-2020 ($ billions)
Exhibit 15: Global automobile production in units 2015-2020 (growth rates)
Exhibit 16: Global vehicle production statistics 2015
Exhibit 17: Global functional fluids market in construction segment 2015-2020 ($ billions)
Exhibit 18: Global functional fluids market by geography 2015
Exhibit 19: Global functional fluids market by geography 2020
Exhibit 20: Functional fluids market in APAC 2015-2020 ($ billions)
Exhibit 21: Functional fluids market in North America 2015-2020 ($ billions)
Exhibit 22: Functional fluids market in EMEA 2015-2020 ($ billions)
Exhibit 23: Passenger car sales in Germany 2010-2015 (millions of units)
Exhibit 24: Key noticeable figures in European auto market
Exhibit 25: Functional fluids market in ROW 2015-2020 ($ billions)
Exhibit 26: Global automobile production 2015-2020 (millions of units)
Exhibit 27: Impact of drivers
Exhibit 28: Impact of drivers and challenges
Exhibit 29: Types of fluids and related concentration of oil
Exhibit 30: Buying criteria
Exhibit 31: BASF: Business segmentation by revenue 2015
Exhibit 32: BASF: Product offering
Exhibit 33: BP: Business segmentation by revenue 2015
Exhibit 34: Chevron Oronite: Product offering
Exhibit 35: ExxonMobil: Business segmentation
Exhibit 36: ExxonMobil: Geographical segmentation in 2015
Exhibit 37: Features and benefits of functional fluids offered by ExxonMobil
Exhibit 38: Shell: Business segmentation by revenue 2015
Exhibit 39: TOTAL: Business segmentation by revenue 2015
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FEATURED COMPANIES

  • BASF
  • BP
  • Chevron Oronite
  • ExxonMobil
  • Shell
  • TOTAL
  • MORE
New Report Released: - Global Functional Fluids Market 2016-2020

The author of the report recognizes the following companies as the key players in the global functional fluids market: BASF, BP, Chevron Oronite, ExxonMobil, Shell, and TOTAL.

Commenting on the report, an analyst from the research team said: “Demand for synthetic and semisynthetic metalworking fluids will be a key trend for market growth. Modern synthetic fluids help in lubrication and other performance properties required for various metalworking operations. These products can be used to perform operations on many specialized materials and most common metals. Synthetic fluids have extended sump life, as they have more accurate concentration control and the ability to resist typical oil contamination that may occur during operations in a metalworking environment. This extended sump life helps the synthetic fluids to be used for uninterrupted production operations. These fluids offer reduced setup time, cleaner operations, and good resistance to bacteria and other microbes.”

According to the report, synthetic functional fluids gaining prominence will be a key driver for market growth. Innovation is an important factor for sustainability and growth of the functional fluids market. With regards to the changes in the application industry and regulatory developments, innovation is going to be a major factor accountable for market growth. Synthetic metal removal fluids have recently gained a lot of prominences, and they deliver benefits of excellent visibility during metal working operations. Keeping in view the changes in the different application industries and regulatory developments, the introduction and development of advanced products are acting as major factors for market growth.

Further, the report states that environment, health, and safety issues will be a challenge for the market. Environmental issues are major concerns, especially in the Americas and Europe, as end-users try to increase the tank life of the fluids through better house-keeping and recycling, as well as by using fluids having a longer service life. In many regions of the world, especially in Europe, there is a general trend toward the use of hydrocracked oil type functional fluids. The major issue is the avoidance of potentially carcinogenic polynuclear aromatics. Hydrocracked functional fluids are also less vulnerable to misting and evaporation. In addition, hydrocracked oils are cheaper than other available options such as synthetic base stocks that are used mainly in bio-lubrication.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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- BASF
- BP
- Chevron Oronite
- ExxonMobil
- Shell
- TOTAL
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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