Functional Fluids Market PPT: Growth, Outlook, Demand, Keyplayer Analysis and Opportunity 2023-28 - PowerPoint PPT Presentation

About This Presentation
Title:

Functional Fluids Market PPT: Growth, Outlook, Demand, Keyplayer Analysis and Opportunity 2023-28

Description:

According to the latest research report by IMARC Group, The global functional fluids market size reached US$ 44.0 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 58.6 Billion by 2028, exhibiting a growth rate (CAGR) of 4.8% during 2023-2028. More Info:- – PowerPoint PPT presentation

Number of Views:0
Slides: 13
Provided by: MarcelMikaelson
Category:
Tags:

less

Transcript and Presenter's Notes

Title: Functional Fluids Market PPT: Growth, Outlook, Demand, Keyplayer Analysis and Opportunity 2023-28


1
Global Functional Fluids Market Research and
Forecast Report 2023-2028
  • Format PDFEXCEL

2023 IMARC All Rights Reserved
2
About IMARC Group
  • International Market Analysis Research and
    Consulting Group is a leading adviser on
    management strategy and market research
    worldwide. We partner with clients in all regions
    and industry verticals to identify their
    highest-value opportunities, address their most
    critical challenges, and transform their
    businesses.
  • IMARCs information products include major
    market, scientific, economic and technological
    developments for business leaders in
    pharmaceutical, industrial, and high technology
    organizations. Market forecasts and industry
    analysis for biotechnology, advanced materials,
    chemicals, food and beverage, travel and tourism,
    nanotechnology and novel processing methods are
    at the top of the companys expertise.
  • IMARCs tailored approach combines unfathomable
    insight into the dynamics of companies and
    markets with close cooperation at all levels of
    the client organization. This ensures that our
    clients achieve unmatchable competitive
    advantage, build more proficient organizations,
    and secure lasting results.

3
Report Highlight and Description
  • According to the latest report by IMARC Group,
    titled "Functional Fluids Market Global Industry
    Trends, Share, Size, Growth, Opportunity and
    Forecast 2023-2028," the global functional fluids
    market size reached US 44.0 Billion in 2022.
  • Functional fluids are liquids, including engine
    oils, process oils and coating fluids, that are
    utilized for insulation and lubrication across
    numerous industrial operations. Characterized by
    low traction coefficient, low compressibility
    ratio, high-temperature stability, high viscosity
    index and low pouring points, these fluids are
    used in turbines, engines, braking systems,
    compressors and refrigeration systems to improve
    the working capacity of the machinery.
  • They are also employed for dissipating generated
    heat, preventing corrosion, sealing components
    and minimizing friction as well as wear and tear
    of the working components. As a result, these
    fluids are widely replacing the conventionally
    used mineral oils across numerous industry
    verticals, including construction, automotive,
    aerospace, and metals and mining sectors.
  • Request for a PDF sample of this report
    https//www.imarcgroup.com/functional-fluids-marke
    t/requestsample

4
Report Description
  • Global Functional Fluids Market Trends
  • The global market is primarily driven by the
    growing applications of functional fluids in the
    automotive sector. They are widely used in the
    sector as an antifreeze and engine internal
    cleaner, owing to their heat transfer
    characteristics as well as excellent thermal and
    oxidation stability, which results in the
    superior performance of vehicle components.
    Additionally, these fluids are utilized for
    rendering smooth surfaces to the processing unit
    while improving the overall performance of the
    equipment used for manufacturing polymers, fibers
    and cables. This has resulted in a growing
    requirement for high-performance process oils
    from the industrial metal fabrication sector,
    which, in turn, is providing an impetus to the
    market growth.
  • The market is further driven by the increasing
    application of these fluids in packaging,
    printing and manufacturing specialty paper.
    Several manufacturers are engaging in the
    development of bio-based variants that are
    produced using vegetable oils, which is also
    creating a positive outlook for the market. This
    is further facilitated by the enhanced focus on
    sustainable development and the stringent
    environmental regulations implemented by the
    governments of various countries.
  • Looking forward, the market is expected to grow
    at a CAGR of 4.8 during 2023-2028.
  • View Report TOC, Figures and Tables
    https//www.imarcgroup.com/functional-fluids-marke
    t

5
Report Segmentation
  • Breakup by Type
  • Process Oil
  • Hydraulic and Transmission Fluid
  • Metalworking Fluid
  • Heat Transfer Fluid
  • Coating Fluid
  • Bio-based Hydraulic Fluid
  • Others
  • Breakup by Application
  • Automotive
  • Metals and Mining
  • Construction
  • Transportation

6
Report Segmentation
  • Industrial Machinery
  • Others
  • Breakup by Region
  • North America
  • Asia-Pacific
  • Europe
  • Latin America
  • Middle East and Africa

7
Competitive Landscape with Key Players
  • BASF SE
  • BP International Limited
  • Chevron Corporation
  • Croda International Plc
  • Exxon Mobil
  • FUCHS PETROLUB SE
  • Huntsman International LLC (Indorama Ventures
    Public Co. Ltd.)
  • Idemitsu Kosan Co., Ltd.
  • Petroliam Nasional Berhad (PETRONAS)
  • Shell International B.V.
  • The Dow Chemical Company

8
Key Questions Answered in the Report
9
Table of Contents
  • 1    Preface2    Scope and Methodology    2.1  
     Objectives of the Study    2.2  
     Stakeholders    2.3    Data Sources       
    2.3.1    Primary Sources        2.3.2  
     Secondary Sources    2.4    Market Estimation 
          2.4.1    Bottom-Up Approach        2.4.2  
     Top-Down Approach    2.5    Forecasting
    Methodology3    Executive Summary4  
     Introduction    4.1    Overview    4.2    Key
    Industry Trends5    Global Functional Fluids
    Market    5.1    Market Overview    5.2  
     Market Performance    5.3    Impact of
    COVID-19  5.4    Market Forecast
  • 6     Market Breakup by Type     6.1    Process
    Oil        6.1.1 Market Trends        6.1.2
    Market Forecast    6.2    Hydraulic and
    Transmission Fluid        6.2.1 Market Trends 
          6.2.2 Market Forecast    6.3  
     Metalworking Fluid        6.3.1 Market Trends 
          6.3.2 Market Forecast       

10
Table of Contents
  •     6.4    Heat Transfer Fluid        6.4.1
    Market Trends        6.4.2 Market Forecast   
    6.5    Coating Fluid        6.5.1 Market
    Trends        6.5.2 Market Forecast    6.6  
     Bio-based Hydraulic Fluid        6.6.1 Market
    Trends        6.6.2 Market Forecast    6.7  
     Others        6.7.1 Market Trends        6.7.2
    Market Forecast7   Market Breakup by
    Application    7.1    Automotive        7.1.1
    Market Trends        7.1.2 Market Forecast   
    7.2    Metals and Mining         7.2.1 Market
    Trends        7.2.2 Market Forecast    7.3  
     Construction        7.3.1 Market Trends       
    7.3.2 Market Forecast
  •     7.4    Transportation        7.4.1 Market
    Trends        7.4.2 Market Forecast    7.5  
     Industrial Machinery        7.5.1 Market
    Trends        7.5.2 Market Forecast    7.6  
     Others        7.6.1 Market Trends        7.6.2
    Market Forecast
  • For more information, visit https//www.imarcgrou
    p.com/functional-fluids-market/toc

11
Disclaimer
  • 2023 IMARC All Rights Reserved
  • This Publication and all its contents unless
    otherwise mentioned are copyrighted in the name
    of International Market Analysis Research and
    Consulting (IMARC). No part of this publication
    may be reproduced, repackaged, redistributed or
    resold in whole or in any part. The publication
    may also not be used in any form or by and means
    graphic electronic or mechanical, including
    photocopying, recording, taping or by information
    storage or retrieval, or by any other form,
    without the express consent of International
    Market Analysis Research and Consulting (IMARC).
  • Disclaimer All contents and data of this
    publication, including forecasts, data analysis
    and opinion have been based on information and
    sources believed to be accurate and reliable at
    the time of publishing. International Market
    Analysis Research and Consulting makes no
    representation of warranty of any kind as to the
    accuracy or completeness of any Information
    provided. IMARC accepts no liability whatsoever
    for any loss or damage resulting from opinion,
    errors or inaccuracies if any found this
    publication.
  • IMARC, IMARC Group and Global Therapy Insight
    Series are registered trademarks of International
    Market Analysis Research and Consulting. All
    other trademarks used in this publication are
    registered trademarks of their respective
    companies.

12
Contact Us
Visit us at
https//www.imarcgroup.com
TELEPHONE 1-631-791-1145 E-MAIL
sales_at_imarcgroup.com
Write a Comment
User Comments (0)
About PowerShow.com