NEW YORK, Sept. 23, 2022 /PRNewswire/ -- The global engineering fluids market size is expected to grow by USD 523.24 million, accelerating at a CAGR of 7.79% during the forecast period. The report provides a detailed analysis of the vendor landscape, current market scenario, the latest trends, recent developments in the commodity chemicals industry, and key business segments and regions in the market. Understand the scope of the full report on the global engineering fluids market. Download PDF Sample Report
The market is fragmented and highly competitive in nature due to the presence of many international and regional vendors. International vendors are trying to distinguish their product portfolios by increasing the existing efficiency of compressors with small changes, such as widening the power range. Currently, the market is growing through organic and inorganic ways.
Major players in the market are trying to expand their businesses through M&A activities. Vendors are expected to capture the maximum market share through inorganic growth strategies during the forecast period. In this market, products are significantly differentiated based on quality. Many players in the market have been selling the same quality products at similar prices.
The growing demand for engineered fluids in the construction, steel, and cement industry will offer immense growth opportunities. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The report identifies 3M Co., ASA Computers Inc., CPI Fluid Engineering Corp., DCX Ltd., Engineered Fluids, F2 Chemicals Ltd., Frontier Performance Lubricants Inc., Halocarbon LLC, HaloPolymer OJSC, IKV Tribology Ltd., Interflon BV, Kluber Lubrication Munchen SE and Co. KG, Lubrilog SAS, Merck KGaA, Nye Lubricants Inc., Performance Fluids Ltd., Perstorp Holding AB, Shell plc, Solvay SA, and The Lubrizol Corp. as major market participants. Request Sample Report Here
- Type
- Lubricants
- Solvents
- Heat Transfer Fluids
By type, the market will observe significant growth in the lubricants segment. The segment is driven by the increasing demand for lubricants from industries such as automotive and industrial machinery.
- Geography
- APAC
- North America
- Europe
- The Middle East and Africa
- South America
48% of the market growth will come from APAC during the forecast period. The increased construction and expansion of manufacturing facilities across various industries are increasing the demand for industrial machinery and machine tools. This is driving the growth of the engineering fluids market in APAC.
Technavio's report provides a detailed analysis of around 25 vendors operating in the market. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments, while maintaining their positions in the slow-growing segments. Backed with competitive intelligence and benchmarking, our research report on the engineered fluids market is designed to provide entry support, customer profile, & M&As as well as go-to-market strategy support.
The report also covers the following areas:
- Engineered Fluids Market Size
- Engineered Fluids Market Trends
- Engineered Fluids Market Industry Analysis
- CAGR of the market during the forecast period 2022-2026
- Detailed information on factors that will assist engineered fluids market growth during the next five years
- Estimation of the engineered fluids market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the engineered fluids market
- Analysis of the market's competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of engineered fluids market vendors
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Engineered Fluids Market Scope |
|
Report Coverage |
Details |
Page number |
120 |
Base year |
2021 |
Forecast period |
2022-2026 |
Growth momentum & CAGR |
Accelerate at a CAGR of 7.79% |
Market growth 2022-2026 |
USD 523.24 million |
Market structure |
Fragmented |
YoY growth (%) |
7.07 |
Regional analysis |
APAC, North America, Europe, Middle East and Africa, and South America |
Performing market contribution |
APAC at 48% |
Key consumer countries |
US, Canada, China, India, Japan, and Germany |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
3M Co., ASA Computers Inc., CPI Fluid Engineering Corp., DCX Ltd., Engineered Fluids, F2 Chemicals Ltd., Frontier Performance Lubricants Inc., Halocarbon LLC, HaloPolymer OJSC, IKV Tribology Ltd., Interflon BV, Kluber Lubrication Munchen SE and Co. KG, Lubrilog SAS, Merck KGaA, Nye Lubricants Inc., Performance Fluids Ltd., Perstorp Holding AB, Shell plc, Solvay SA, and The Lubrizol Corp. |
Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
1 Executive Summary
- 1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
- Exhibit 06: Executive Summary – Chart on Incremental Growth
- Exhibit 07: Executive Summary – Data Table on Incremental Growth
- Exhibit 08: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 09: Parent market
- Exhibit 10: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 11: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 12: Market segments
- 3.3 Market size 2021
- 3.4 Market outlook: Forecast for 2021-2026
- Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
- Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
- Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
- Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)
4 Five Forces Analysis
- 4.1 Five forces summary
- Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
- 4.2 Bargaining power of buyers
- Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
- 4.3 Bargaining power of suppliers
- Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
- 4.4 Threat of new entrants
- Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
- 4.5 Threat of substitutes
- Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
- 4.6 Threat of rivalry
- Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
- 4.7 Market condition
- Exhibit 23: Chart on Market condition - Five forces 2021 and 2026
5 Market Segmentation by Type
- 5.1 Market segments
- Exhibit 24: Chart on Type - Market share 2021-2026 (%)
- Exhibit 25: Data Table on Type - Market share 2021-2026 (%)
- 5.2 Comparison by Type
- Exhibit 26: Chart on Comparison by Type
- Exhibit 27: Data Table on Comparison by Type
- 5.3 Lubricants - Market size and forecast 2021-2026
- Exhibit 28: Chart on Lubricants - Market size and forecast 2021-2026 ($ million)
- Exhibit 29: Data Table on Lubricants - Market size and forecast 2021-2026 ($ million)
- Exhibit 30: Chart on Lubricants - Year-over-year growth 2021-2026 (%)
- Exhibit 31: Data Table on Lubricants - Year-over-year growth 2021-2026 (%)
- 5.4 Solvents - Market size and forecast 2021-2026
- Exhibit 32: Chart on Solvents - Market size and forecast 2021-2026 ($ million)
- Exhibit 33: Data Table on Solvents - Market size and forecast 2021-2026 ($ million)
- Exhibit 34: Chart on Solvents - Year-over-year growth 2021-2026 (%)
- Exhibit 35: Data Table on Solvents - Year-over-year growth 2021-2026 (%)
- 5.5 Heat transfer fluids - Market size and forecast 2021-2026
- Exhibit 36: Chart on Heat transfer fluids - Market size and forecast 2021-2026 ($ million)
- Exhibit 37: Data Table on Heat transfer fluids - Market size and forecast 2021-2026 ($ million)
- Exhibit 38: Chart on Heat transfer fluids - Year-over-year growth 2021-2026 (%)
- Exhibit 39: Data Table on Heat transfer fluids - Year-over-year growth 2021-2026 (%)
- 5.6 Market opportunity by Type
- Exhibit 40: Market opportunity by Type ($ million)
6 Customer Landscape
- 6.1 Customer landscape overview
- Exhibit 41: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
7 Geographic Landscape
- 7.1 Geographic segmentation
- Exhibit 42: Chart on Market share by geography 2021-2026 (%)
- Exhibit 43: Data Table on Market share by geography 2021-2026 (%)
- 7.2 Geographic comparison
- Exhibit 44: Chart on Geographic comparison
- Exhibit 45: Data Table on Geographic comparison
- 7.3 APAC - Market size and forecast 2021-2026
- Exhibit 46: Chart on APAC - Market size and forecast 2021-2026 ($ million)
- Exhibit 47: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
- Exhibit 48: Chart on APAC - Year-over-year growth 2021-2026 (%)
- Exhibit 49: Data Table on APAC - Year-over-year growth 2021-2026 (%)
- 7.4 North America - Market size and forecast 2021-2026
- Exhibit 50: Chart on North America - Market size and forecast 2021-2026 ($ million)
- Exhibit 51: Data Table on North America - Market size and forecast 2021-2026 ($ million)
- Exhibit 52: Chart on North America - Year-over-year growth 2021-2026 (%)
- Exhibit 53: Data Table on North America - Year-over-year growth 2021-2026 (%)
- 7.5 Europe - Market size and forecast 2021-2026
- Exhibit 54: Chart on Europe - Market size and forecast 2021-2026 ($ million)
- Exhibit 55: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
- Exhibit 56: Chart on Europe - Year-over-year growth 2021-2026 (%)
- Exhibit 57: Data Table on Europe - Year-over-year growth 2021-2026 (%)
- 7.6 Middle East and Africa - Market size and forecast 2021-2026
- Exhibit 58: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
- Exhibit 59: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
- Exhibit 60: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
- Exhibit 61: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
- 7.7 South America - Market size and forecast 2021-2026
- Exhibit 62: Chart on South America - Market size and forecast 2021-2026 ($ million)
- Exhibit 63: Data Table on South America - Market size and forecast 2021-2026 ($ million)
- Exhibit 64: Chart on South America - Year-over-year growth 2021-2026 (%)
- Exhibit 65: Data Table on South America - Year-over-year growth 2021-2026 (%)
- 7.8 US - Market size and forecast 2021-2026
- Exhibit 66: Chart on US - Market size and forecast 2021-2026 ($ million)
- Exhibit 67: Data Table on US - Market size and forecast 2021-2026 ($ million)
- Exhibit 68: Chart on US - Year-over-year growth 2021-2026 (%)
- Exhibit 69: Data Table on US - Year-over-year growth 2021-2026 (%)
- 7.9 China - Market size and forecast 2021-2026
- Exhibit 70: Chart on China - Market size and forecast 2021-2026 ($ million)
- Exhibit 71: Data Table on China - Market size and forecast 2021-2026 ($ million)
- Exhibit 72: Chart on China - Year-over-year growth 2021-2026 (%)
- Exhibit 73: Data Table on China - Year-over-year growth 2021-2026 (%)
- 7.10 India - Market size and forecast 2021-2026
- Exhibit 74: Chart on India - Market size and forecast 2021-2026 ($ million)
- Exhibit 75: Data Table on India - Market size and forecast 2021-2026 ($ million)
- Exhibit 76: Chart on India - Year-over-year growth 2021-2026 (%)
- Exhibit 77: Data Table on India - Year-over-year growth 2021-2026 (%)
- 7.11 Germany - Market size and forecast 2021-2026
- Exhibit 78: Chart on Germany - Market size and forecast 2021-2026 ($ million)
- Exhibit 79: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
- Exhibit 80: Chart on Germany - Year-over-year growth 2021-2026 (%)
- Exhibit 81: Data Table on Germany - Year-over-year growth 2021-2026 (%)
- 7.12 Canada - Market size and forecast 2021-2026
- Exhibit 82: Chart on Canada - Market size and forecast 2021-2026 ($ million)
- Exhibit 83: Data Table on Canada - Market size and forecast 2021-2026 ($ million)
- Exhibit 84: Chart on Canada - Year-over-year growth 2021-2026 (%)
- Exhibit 85: Data Table on Canada - Year-over-year growth 2021-2026 (%)
- 7.13 Japan - Market size and forecast 2021-2026
- Exhibit 86: Chart on Japan - Market size and forecast 2021-2026 ($ million)
- Exhibit 87: Data Table on Japan - Market size and forecast 2021-2026 ($ million)
- Exhibit 88: Chart on Japan - Year-over-year growth 2021-2026 (%)
- Exhibit 89: Data Table on Japan - Year-over-year growth 2021-2026 (%)
- 7.14 Market opportunity by geography
- Exhibit 90: Market opportunity by geography ($ million)
8 Drivers, Challenges, and Trends
- 8.1 Market drivers
- 8.2 Market challenges
- 8.3 Impact of drivers and challenges
- Exhibit 91: Impact of drivers and challenges in 2021 and 2026
- 8.4 Market trends
9 Vendor Landscape
- 9.1 Overview
- 9.2 Vendor landscape
- Exhibit 92: Overview on Criticality of inputs and Factors of differentiation
- 9.3 Landscape disruption
- Exhibit 93: Overview on factors of disruption
- 9.4 Industry risks
- Exhibit 94: Impact of key risks on business
10 Vendor Analysis
- 10.1 Vendors covered
- Exhibit 95: Vendors covered
- 10.2 Market positioning of vendors
- Exhibit 96: Matrix on vendor position and classification
- 10.3 ASA Computers Inc.
- Exhibit 97: ASA Computers Inc. - Overview
- Exhibit 98: ASA Computers Inc. - Product / Service
- Exhibit 99: ASA Computers Inc. - Key offerings
- 10.4 F2 Chemicals Ltd.
- Exhibit 100: F2 Chemicals Ltd. - Overview
- Exhibit 101: F2 Chemicals Ltd. - Product / Service
- Exhibit 102: F2 Chemicals Ltd. - Key offerings
- 10.5 Frontier Performance Lubricants Inc.
- Exhibit 103: Frontier Performance Lubricants Inc. - Overview
- Exhibit 104: Frontier Performance Lubricants Inc. - Product / Service
- Exhibit 105: Frontier Performance Lubricants Inc. - Key offerings
- 10.6 Halocarbon LLC
- Exhibit 106: Halocarbon LLC - Overview
- Exhibit 107: Halocarbon LLC - Product / Service
- Exhibit 108: Halocarbon LLC - Key offerings
- 10.7 HaloPolymer OJSC
- Exhibit 109: HaloPolymer OJSC - Overview
- Exhibit 110: HaloPolymer OJSC - Product / Service
- Exhibit 111: HaloPolymer OJSC - Key offerings
- 10.8 IKV Tribology Ltd.
- Exhibit 112: IKV Tribology Ltd. - Overview
- Exhibit 113: IKV Tribology Ltd. - Product / Service
- Exhibit 114: IKV Tribology Ltd. - Key offerings
- 10.9 Interflon BV
- Exhibit 115: Interflon BV - Overview
- Exhibit 116: Interflon BV - Product / Service
- Exhibit 117: Interflon BV - Key offerings
- 10.10 Kluber Lubrication Munchen SE and Co. KG
- Exhibit 118: Kluber Lubrication Munchen SE and Co. KG - Overview
- Exhibit 119: Kluber Lubrication Munchen SE and Co. KG - Product / Service
- Exhibit 120: Kluber Lubrication Munchen SE and Co. KG - Key offerings
- 10.11 Lubrilog SAS
- Exhibit 121: Lubrilog SAS - Overview
- Exhibit 122: Lubrilog SAS - Product / Service
- Exhibit 123: Lubrilog SAS - Key offerings
- 10.12 Nye Lubricants Inc.
- Exhibit 124: Nye Lubricants Inc. - Overview
- Exhibit 125: Nye Lubricants Inc. - Product / Service
- Exhibit 126: Nye Lubricants Inc. - Key offerings
11 Appendix
- 11.1 Scope of the report
- 11.2 Inclusions and exclusions checklist
- Exhibit 127: Inclusions checklist
- Exhibit 128: Exclusions checklist
- 11.3 Currency conversion rates for US$
- Exhibit 129: Currency conversion rates for US$
- 11.4 Research methodology
- Exhibit 130: Research methodology
- Exhibit 131: Validation techniques employed for market sizing
- Exhibit 132: Information sources
- 11.5 List of abbreviations
- Exhibit 133: List of abbreviations
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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Technavio Research
Jesse Maida
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UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/
SOURCE Technavio
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