![Engineered Fluids (Fluorinated Fluids) Market Size, Share & Analysis, By Polymer [Polytetrafluoroethylene (PTFE), Polyvinyl Fluoride (PVF), Polyvinylidene Fluoride (PVDF), and Others], By Product Type, By Industry Vertical, And By Region, Forecast To 2028- Product Image](http://www.researchandmarkets.com/product_images/12005/12005803_500px_jpg/engineered_fluids_fluorinated_fluids_market.jpg)
Growing adoption and installations of PhotoVoltaic (PV), and associated requirement of engineered fluids are key factors driving market revenue growth.
Market Size - USD 1,018.5 Million in 2020, Market Growth - CAGR of 7.7%, Market Trends - Increasing investments and focus of manufacturers on innovations and rising preference for environmentally safe lubricating products.
The global engineered fluids (fluorinated fluids) market size is expected to reach USD 1,854.9 Million in 2028, and register a CAGR of 7.7% during the forecast period. The market growth is expected to be driven by major factors including increasing concerns related to thermal management in several industry verticals such as electronics, semiconductor, automotive, and aerospace.
Growing demand and preference for lightweight aerospace components and automotive parts, coupled with increasing consumption of engineered fluids for variety of applications in these industries are other major factors boosting growth of the global engineered fluids market to a significant extent. In addition, increasing adoption of high-performance lubricants to improve shelf life of oil products and to reduce its wear and tear is expected to boost market growth.
Some Key Findings From the Report:
For the purpose of this report, the global engineered fluids (fluorinated fluids) market has been segmented on the basis of polymer, product type, industry vertical, and region:
Polymer Outlook
Product Type Outlook
Industry Vertical Outlook
Region Outlook
Reasons to Buy the Report
Market Size - USD 1,018.5 Million in 2020, Market Growth - CAGR of 7.7%, Market Trends - Increasing investments and focus of manufacturers on innovations and rising preference for environmentally safe lubricating products.
The global engineered fluids (fluorinated fluids) market size is expected to reach USD 1,854.9 Million in 2028, and register a CAGR of 7.7% during the forecast period. The market growth is expected to be driven by major factors including increasing concerns related to thermal management in several industry verticals such as electronics, semiconductor, automotive, and aerospace.
Growing demand and preference for lightweight aerospace components and automotive parts, coupled with increasing consumption of engineered fluids for variety of applications in these industries are other major factors boosting growth of the global engineered fluids market to a significant extent. In addition, increasing adoption of high-performance lubricants to improve shelf life of oil products and to reduce its wear and tear is expected to boost market growth.
Some Key Findings From the Report:
- Among the product type segments, the lubricants segment accounted for the largest revenue share in the global engineered fluids (fluorinated fluids) market in 2020. The heat transfer liquids segment is expected to register the highest revenue growth rate during the forecast period.
- Among the industry vertical segments, the oil & gas segment accounted for the largest revenue share in the global engineered fluids (fluorinated fluids) market in 2020. The electronics and semiconductor segment is expected to register the highest revenue growth rate during the forecast period.
- The Asia Pacific market accounted for the largest revenue share in the global engineered fluids (fluorinated fluids) market in 2020, and is expected to continue with its dominance over the forecast period.
- The North America market accounted for second-largest revenue share in 2020, followed by the Europe market.
- Consumption of engineered fluids or fluorinated fluids is lower in the Middle East & Africa and Latin America markets.
- Companies profiled in the market report include Asahi Glass, Interflon, F2 Chemicals Ltd, Halopolymer Kirovo-Chepetsk, Solvay, Condat Lubricants, The Chemours Company, Daikin Industries Limited, 3M, Honeywell International Inc., Halocarbon Products Corporation, Klüber Lubrication, Frontier Performance Lubricants, Inc., IKV Tribology, Lubrilog Lubrication Engineering, and Nye lubricants. The market players have adopted various strategies including mergers, acquisitions, partnerships, and new product developments, among other strategies, to stay ahead of the competition and expand market footprint.
For the purpose of this report, the global engineered fluids (fluorinated fluids) market has been segmented on the basis of polymer, product type, industry vertical, and region:
Polymer Outlook
- Polytetrafluoroethylene (PTFE)
- Polyvinyl Fluoride (PVF)
- Polyvinylidene Fluoride (PVDF)
- Others
Product Type Outlook
- Heat Transfer Liquids
- Lubricants
- Solvents
Industry Vertical Outlook
- Electronics & Semiconductor
- Aerospace
- Chemical Processing
- Automotive
- Oil & Gas
- Others
Region Outlook
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Benelux
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
- Latin America
- Brazil
- Rest of Latin America
- Middle East and Africa
- Saudi Arabia
- UAE
- South Africa
- Rest of Middle East & Africa
Reasons to Buy the Report
- A robust analysis and estimation of the Engineered Fluids (Fluorinated Fluids)Market with four levels of quality check - in-house database, expert interviews, governmental regulation, and a forecast specifically done through time series analysis
- A holistic competitive landscape of the all the major players in the Engineered Fluids (Fluorinated Fluids)Market. The report covers their market shares, strategic initiatives, new product launches, R&D expenditure, M&As, Joint ventures, expansionary plans, product wise metric space analysis and key developments
- Go-to-market strategies specifically formulated in line with location analysis which takes into the factors such as government regulations, supplier mapping, supply chain obstacles, and feedback from local vendors
- Most deep dive segmental bifurcation available currently in the market. Our stellar methodology helps us understand the overall gamut of the supply chain and will help you explain the current market dynamics
- Special focus given on vendor landscape, supplier portfolio, customer mapping, production capacity, and yearly capacity utilization
Table of Contents
Chapter 1. Market Synopsis
Chapter 2. Executive Summary
Chapter 4. Engineered Fluids (Fluorinated Fluids) Market Segmentation & Impact Analysis
Chapter 5. Engineered Fluids (Fluorinated Fluids) Market By Polymer Insights & Trends
Chapter 6. Engineered Fluids (Fluorinated Fluids) Market By Product Type Insights & Trends
Chapter 7. Engineered Fluids (Fluorinated Fluids) Market By Industry Vertical Insights & Trends
Chapter 8. Engineered Fluids (Fluorinated Fluids) Market Regional Outlook
8.5. Middle East and Africa
Chapter 9. Competitive Landscape
Chapter 10. Company Profiles
Companies Mentioned
- Asahi Glass
- Interflon
- F2 Chemicals Ltd
- Halopolymer Kirovo-Chepetsk
- Solvay
- Condat Lubricants
- The Chemours Company
- Daikin Industries Limited
- 3M
- Honeywell International Inc.
- Halocarbon Products Corporation
- Klüber Lubrication
- Frontier Performance Lubricants Inc.
- IKV Tribology
- Lubrilog Lubrication Engineering
- Nye lubricants
