Market Overview:
The global flame resistant hydraulic fluid for metallurgy market is estimated to be valued at US$ XX Mn in 2018 and is projected to register a CAGR of X.X% over the forecast period (2018-2030), to reach a value of US$XX Mn by 2030. The market growth can be attributed to the increasing demand from various end-use industries, such as dye, pesticide, pharmaceuticals, chemical and others. Based on type, the global flame resistant hydraulic fluid for metallurgy market has been segmented into pharmaceutical grade and industrial grade. Pharmaceutical grade held a dominant share in the overall market in 2017 and is anticipated to maintain its dominance throughout the forecast period. This can be attributed to its properties such as low toxicity levels and environmental friendliness.
Product Definition:
A hydraulic fluid is a substance that is used to transmit power or motion by pressure or flow. The hydraulic fluid for metallurgy is specifically designed to resist the formation of flammable gases and vapors in the presence of an ignition source. This type of hydraulic fluid can be used in systems where there is a potential for fire, such as metalworking and forging operations.
Pharmaceutical Grade:
Pharmaceutical grade is a product that has passed the test of pharmaceutical standard. It's an excellent solvent for oral drug formulations and parenteral solutions. It's also used in laboratories as a medium for storing chemicals, which are unstable or highly volatile.
It can be segmented into two types: pure and technical grade.
Industrial Grade:
Industrial grade is a special type of hydraulic fluid used in the manufacturing industries. It has gained popularity owing to its ability to provide high pressure, temperature stability and corrosion resistance in various machinery. Industrial grade hydraulic fluids are formulated for industrial applications where metalworking fluids or water-based coatings would be inappropriate due to their corrosive properties.
Application Insights:
Pesticide manufacturing was the largest application segment in North America and Europe. PFRH is used in various hydraulic systems such as cylinder, valve, pipes & tanks for lubrication of moving parts. The product provides excellent resistance against acids, alkalis and solvents which enhances its durability. It is also used in metallurgy processes such as crushing and grinding where high pressure is applied to rocks, minerals or fossil fuels to produce smaller particles or powder for further processing into useful products such as metal ores or industrial chemicals.
Dyeing involves using a variety of chemical agents that may cause damage to the equipment if improper fluids are used during operation.
Regional Analysis:
Asia Pacific dominated the global flame resistant hydraulic fluid for metallurgy market in 2017. The region is expected to witness high demand on account of rapid industrialization and expansion of end-use industries, such as metal processing, mining, construction, and manufacturing. In addition to this, rising disposable income coupled with growing population will drive the regional product demand further.
The presence of major market players in countries like China and India are anticipated to boost the growth potential for flame resistant hydraulic fluids over the forecast period. Furthermore Flame Retardant Hydraulic Fluid (FRHF) production facilities have been established by some major players in these regions which will positively influence industry growth over next eight years or so.
Growth Factors:
- Increasing demand for flame resistant hydraulic fluid from the metallurgy industry as it offers high performance and safety.
- Growing awareness about the benefits of using flame resistant hydraulic fluid in metallurgy applications among end users.
- Technological advancements in production processes of flame resistant hydraulic fluids that are helping to reduce manufacturing costs and time.
- Rising investments by key players in research and development activities to develop new products and technologies for the Flame Resistant Hydraulic Fluid for Metallurgy market. 5) Growing demand from emerging economies due to rapid industrialization is expected to create new opportunities for growth of the Flame Resistant Hydraulic Fluid for Metallurgy market during the forecast period
Scope Of The Report
Report Attributes
Report Details
Report Title
Flame Resistant Hydraulic Fluid for Metallurgy Market Research Report
By Type
Pharmaceutical Grade, Industrial Grade
By Application
Pesticide, Dye, Pharmaceuticals, Chemical, Others
By Companies
Lanxess, CABB, Transpek, Kutch Chemical, Shandong Kaisheng, Jiangxi Shilong, Henan Dongda, Sichuan Boxing, Zhejiang Wolong, Xintai Lanhe, Junan Guotai
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
230
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global Flame Resistant Hydraulic Fluid for Metallurgy Market Report Segments:
The global Flame Resistant Hydraulic Fluid for Metallurgy market is segmented on the basis of:
Types
Pharmaceutical Grade, Industrial Grade
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Pesticide, Dye, Pharmaceuticals, Chemical, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Lanxess
- CABB
- Transpek
- Kutch Chemical
- Shandong Kaisheng
- Jiangxi Shilong
- Henan Dongda
- Sichuan Boxing
- Zhejiang Wolong
- Xintai Lanhe
- Junan Guotai
Highlights of The Flame Resistant Hydraulic Fluid for Metallurgy Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Pharmaceutical Grade
- Industrial Grade
- By Application:
- Pesticide
- Dye
- Pharmaceuticals
- Chemical
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Flame Resistant Hydraulic Fluid for Metallurgy Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Flame resistant hydraulic fluid is a type of hydraulic fluid that can resist fire. This type of fluid is used in metallurgy to help prevent fires from occurring during the manufacturing process.
Some of the key players operating in the flame resistant hydraulic fluid for metallurgy market are Lanxess, CABB, Transpek, Kutch Chemical, Shandong Kaisheng, Jiangxi Shilong, Henan Dongda, Sichuan Boxing, Zhejiang Wolong, Xintai Lanhe, Junan Guotai.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Flame Resistant Hydraulic Fluid for Metallurgy Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Flame Resistant Hydraulic Fluid for Metallurgy Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Flame Resistant Hydraulic Fluid for Metallurgy Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Flame Resistant Hydraulic Fluid for Metallurgy Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Flame Resistant Hydraulic Fluid for Metallurgy Market Size & Forecast, 2020-2028 4.5.1 Flame Resistant Hydraulic Fluid for Metallurgy Market Size and Y-o-Y Growth 4.5.2 Flame Resistant Hydraulic Fluid for Metallurgy Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Pharmaceutical Grade
5.2.2 Industrial Grade
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Pesticide
6.2.2 Dye
6.2.3 Pharmaceuticals
6.2.4 Chemical
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Flame Resistant Hydraulic Fluid for Metallurgy Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Flame Resistant Hydraulic Fluid for Metallurgy Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Pharmaceutical Grade
9.6.2 Industrial Grade
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Pesticide
9.10.2 Dye
9.10.3 Pharmaceuticals
9.10.4 Chemical
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Pharmaceutical Grade
10.6.2 Industrial Grade
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Pesticide
10.10.2 Dye
10.10.3 Pharmaceuticals
10.10.4 Chemical
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Pharmaceutical Grade
11.6.2 Industrial Grade
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Pesticide
11.10.2 Dye
11.10.3 Pharmaceuticals
11.10.4 Chemical
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Pharmaceutical Grade
12.6.2 Industrial Grade
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Pesticide
12.10.2 Dye
12.10.3 Pharmaceuticals
12.10.4 Chemical
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Pharmaceutical Grade
13.6.2 Industrial Grade
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Pesticide
13.10.2 Dye
13.10.3 Pharmaceuticals
13.10.4 Chemical
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Flame Resistant Hydraulic Fluid for Metallurgy Market: Competitive Dashboard
14.2 Global Flame Resistant Hydraulic Fluid for Metallurgy Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Lanxess
14.3.2 CABB
14.3.3 Transpek
14.3.4 Kutch Chemical
14.3.5 Shandong Kaisheng
14.3.6 Jiangxi Shilong
14.3.7 Henan Dongda
14.3.8 Sichuan Boxing
14.3.9 Zhejiang Wolong
14.3.10 Xintai Lanhe
14.3.11 Junan Guotai