Global Engineered Fluids Market

Engineered Fluids Market Size, Share, Growth Analysis, By type of Engineered Fluids(Heat Transfer Fluids, Dielectric Fluids, Hydraulic Fluids, and Refrigeration Fluids), By Application(Electronics & Semiconductors, Aerospace, Automotive, Energy), By Base Fluid Type(Mineral Oil, Synthetic, and Bio-based), By Region - Industry Forecast 2024-2031

Report ID: SQMIG20F2012 | Region: Global | Published Date: April, 2024
Pages: 202 | Tables: 93 | Figures: 76

Engineered Fluids Market Competitive Landscape

Technological innovation and competition for market share in the Engineered Fluids industry is highly dynamic. Fierce competition has resulted in focus on research and development to develop novel engineered fluid solutions tailored especially for the needs of an industry. This effectively extends market reach and capabilities through alliances, mergers or takeovers. Moreover, localized demands are met by regional players.

Top Player’s Company Profiles

  • ExxonMobil (USA)
  • Dow Chemical Company (USA)
  • BASF SE (Germany)
  • Chevron Corporation (USA)
  • Shell plc (UK)
  • Total Energies DE (France)
  • China National Petroleum Corporation (CNPC) (China)
  • Sinopec Group (China)
  • Eni SpA (Italy)
  • Honeywell International Inc. (USA)
  • The Lubrizol Corporation (USA)
  • AkzoNobel NV (Netherlands)
  • Infineum (USA/UK)
  • Henkel AG & Co. KGaA (Germany)
  • Solvay SA (Belgium)
  • FUCHS Petrolub SE (Germany)
  • Lanxess AG (Germany)
  • Ashland Inc. (USA)
  • Chemours Company (USA)
  • ExxonMobil Chemical Company (USA)

$5,300
BUY NOW GET FREE SAMPLE
Want to customize this report?

Our industry expert will work with you to provide you with customized data in a short amount of time.

REQUEST FREE CUSTOMIZATION

FAQs

Engineered Fluids Market size was valued at USD 1.19 billion in 2022 and is poised to grow from USD 1.26 billion in 2023 to USD 1.93 billion by 2031, at a CAGR of 5.52% during the forecast period (2024-2031).

Technological innovation and competition for market share in the Engineered Fluids industry is highly dynamic. Fierce competition has resulted in focus on research and development to develop novel engineered fluid solutions tailored especially for the needs of an industry. This effectively extends market reach and capabilities through alliances, mergers or takeovers. Moreover, localized demands are met by regional players. 'ExxonMobil (USA)', 'Dow Chemical Company (USA)', 'BASF SE (Germany)', 'Chevron Corporation (USA)', 'Shell plc (UK)', 'Total Energies DE (France)', 'China National Petroleum Corporation (CNPC) (China)', 'Sinopec Group (China)', 'Eni SpA (Italy)', 'Honeywell International Inc. (USA)', 'The Lubrizol Corporation (USA)', 'AkzoNobel NV (Netherlands)', 'Infineum (USA/UK)', 'Henkel AG & Co. KGaA (Germany)', 'Solvay SA (Belgium)', 'FUCHS Petrolub SE (Germany)', 'Lanxess AG (Germany)', 'Ashland Inc. (USA)', 'Chemours Company (USA)', 'ExxonMobil Chemical Company (USA)'

Rising demand in various industries, not least electronics, is one of the biggest factors forcing this change. aerospace and automotive industry. These engineered fluids are famous for their high heat transfer and dielectric properties, having an impact on the thermal management applications which influence electronic components 'and system performance. Also, in other fields such as renewable energies and power generation that are trending towards improving energy efficiency presents another powerful stimulus for developing engineered fluids which have heat exchange characteristics by nature.

Rising Adoption of Biodegradable and Environmentally Friendly: The expanding use of biodegradable and environmentally friendly engineered fluids. Amid increasing focus on sustainable development, companies are looking to environmentally friendly formulations of fluids that consume less electricity and do not contain greenhouse gases. Other important trends include nanotechnology in engineered fluids, where it is being used to fortify a fluid's thermal and dielectric properties for enhanced efficiency and more exact applications. Further, a trend toward developing custom fluids for specific industries' unique thermal management requirements has begun to take shape.

North America is set to rule the roost in engineered fluids. Leading the region is its dominance of key industries, including electronics, aerospace and automotive-areas in which engineered fluids see their broadest application. Secondly, the strong R & D activities and advanced technology adoption help contribute to North America 's dominance of this market.

Request Free Customization

Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.

Click here right-arrow
logo-images

Related Reports

Hydraulic Fluids Market
Buy Now GET FREE SAMPLE
Fluid Dispensing Systems Market
Buy Now GET FREE SAMPLE
Fluid Couplings Market
Buy Now GET FREE SAMPLE
Drilling Fluid Market
Buy Now GET FREE SAMPLE
Microfluidics Market
Buy Now GET FREE SAMPLE
Fluid Loss Additives Market
Buy Now GET FREE SAMPLE
Flow Chemistry Market
Buy Now GET FREE SAMPLE
Fluid Sensors Market
Buy Now GET FREE SAMPLE

Feedback From Our Clients

Global Engineered Fluids Market

Report ID: SQMIG20F2012

$5,300
BUY NOW GET FREE SAMPLE