Engineered Fluorinated Fluids Market to Hit USD 2.0 billion by 2028 - Insights on Volume & Revenue, Key Strategies, Investment Proposition, Growth Drivers and Future Trends: Adroit Market Research

The lubricants type segment has the largest share in the market in 2019 and the market is forecasted to grow with the significant rate of above 6.5% CAGR over the forecast period.


Dallas, Texas, May 28, 2021 (GLOBE NEWSWIRE) -- The “Engineered Fluids (Fluorinated Fluids) Market by Type (Lubricants, Solvents, Heat Transfer Fluids), End-Use Industry (Electronics & Semiconductor, Automotive, Chemical Processing, Oil & Gas, Power Generation, Aerospace), and by Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa), Forecast, 2018 to 2028” study provides an elaborative view of historic, present and forecasted market estimates.

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The global engineered fluids (fluorinated fluids) market size is projected to reach nearly USD 2.0 billion by 2028. Additionally, the market is forecasted to grow a CAGR of above 8.5% over the forecast period of 2020-2028. Engineered fluids (fluorinated fluids) are projected to propel the market due to their flexibility and superior properties, as well as increased investment in APAC. Engineered fluids (fluorinated fluids) are used as lubricants, solvents, and heat transfer fluids in the electronics and semiconductors end-use industry. Because of the increased thermal control problems in automatic testing, stepper, chemical vapor deposition (CVD), and etching, the electronics industry needs long-term, high-performance solutions. Engineered fluids (fluorinated fluids) have a low global warming risk (GWP) and have little negative environmental effects.

The report also outlines the various characteristics of the global engineered fluids (fluorinated fluids) industry by assessing the market from value chain analysis. Moreover, the engineered fluids (fluorinated fluids) market report comprises various qualitative parts of the engineered fluids (fluorinated fluids) industry in market restraints, essential industry drivers, and opportunities. Furthermore, the report provides a complete assessment of the market through company profiling and the competitiveness of the local as well as global vendors.

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The engineered fluids (fluorinated fluids) market has huge competition amongst the already well-known and new market players. Also, the engineered fluids (fluorinated fluids) industry players are pursuing potential markets to seize a competitive lead among the other industry players by forming mergers & acquisitions, agreements, acquiring other companies & new startups, establishing collaboration & partnerships, and growing their business existence.

Heat transfer fluids transfer heat from one system to another, allowing a system to retain its temperature and save energy. Through pumping the fluid through its mechanical components, these fluids retain heat to prevent thermal systems from overheating. Low toxicity, low viscosity at low temperatures, high specific heat, thermal conductivity, and a high flash point are all important heat transfer fluid properties. When heat stability, purity, and low toxicity are needed, engineered fluids (fluorinated fluids) are used as heat transfer fluids.

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Engineered fluids (fluorinated fluids) is in high demand in the Asia Pacific region due to the strong demand in chemical and oil & gas industries, with China being the largest and India being the fastest growing industry. Low production costs also motivated electronics manufacturers to develop a foothold in APAC countries. As a result of the increased electronics output in APAC, the market for engineered fluids (fluorinated fluids) in the area is expected to rise.

The major players of the global engineered fluids (fluorinated fluids) market are Daikin Industries (Japan), Solvay SA (Belgium), The Chemours Company (US), 3M (US), Asahi Glass Company (Japan), Halocarbon Products Corporation (US), Halopolymer (Russia), F2 Chemicals (UK), IKV Tribology (UK), Lubrilog Lubrication Engineering (France), Nye Lubricants (US), and Interflon (Netherlands). The major players in the market comes up with some of the developments to enhance the market growth in the global industry.

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Major Points from Table of Contents:

Chapter 1    Introduction

Chapter 2    Research Methodology

Chapter 3    Executive Summary

Chapter 4    Market Outlook

Chapter 5    Engineered Fluids (Fluorinated Fluids) Market by Type, 2018-2028 (in USD Billion)

Chapter 6    Engineered Fluids (Fluorinated Fluids) Market by End Use Industry, 2018-2028 (in USD Billion)

Chapter 7    Engineered Fluids (Fluorinated Fluids) Market by Region, 2018-2028 (in USD Billion)

Chapter 8    Competitive Landscape

Chapter 9    Company Profiles

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