Market Overview:
The global specialty fluids market is expected to grow from USD XX million in 2018 to USD XX million by 2030, at a CAGR of X.X%. The growth of the market can be attributed to the increasing demand for cleaner and lubricant applications. Based on type, the global specialty fluids market is segmented into hydrofluorocarbon (HFC), hydrofluoroolefin (HFO), polyethylene glycol, and alcohol ethoxylates. The HFC segment is projected to lead the global specialty fluids market during the forecast period. This growth can be attributed to its properties such as low toxicity, non-flammability, and environmental friendliness. Based on application, the global specialty fluids market is segmented into cleaner, lubricant, solvent, and other applications. The cleaner application segment accounted for a major share of the global specialty fluids market in 2017 owing to its growing demand from various industries such as automotive & transportation; metalworking; food & beverage; pharmaceuticals; and others).
Product Definition:
A specialty fluid is a type of lubricant that is designed to meet the specific needs of a certain industry or application. Specialty fluids can be used to improve performance, reduce wear and tear, and extend the life of equipment. They are also often used in conjunction with other types of lubricants to create a more effective overall lubrication system.
Hydrofluorocarbon (HFC):
Hydrofluorocarbon (HFC) is a type of greenhouse gas that was previously used in aerosols and refrigerants. It has high global warming potential compared to carbon dioxide. The major reason for the higher GWP is that it contains one fluorine atom and one hydrogen molecule, which gives it a strong chemical reaction with the atmosphere, causing ozone depletion when released into the atmosphere. Ozone depletion can lead to respiratory problems such as asthma among humans as well as animals.
Hydrofluoroolefin (HFO):
Hydrofluoroolefin (HFO) is a type of fluorocarbon with one carbon and two hydrogen atoms. It is also known as perfluorooctane. HFOs are used in various applications such as fire-fighting foams, emulsions, coatings, and plastics. They are produced by the reaction of hydrofluoric acid with olefins such as C4F8 or C3F6.
Application Insights:
Specialty fluids find applications in a wide range of end-use industries including food, cosmetics, and pharmaceuticals. The other segment dominated the overall industry in terms of revenue share as well as volume in 2017. Other specialty fluids include adhesives and sealants which are used for various purposes such as moisture management, corrosion control, product protection and release from constraints such as frozen pipes or narrow gaps.
The global market for specialtyfluids by application is expected to witness significant growth on account of increasing demand from several end-use industries including food processing and packaging among others. In addition, growing R&D activities pertaining to the development of novel products with enhanced properties is also anticipated to fuel the growth over the forecast period.
Regional Analysis:
Asia Pacific was the largest market in 2017 and is expected to continue its dominance over the forecast period. The region accounts for a major share of global population, which will increase with time as a result of high birth rate in China and India. This will lead to an increased demand for specialty fluids across various applications such as cleaners, lubricants, solvents and others.
The growing automotive industry coupled with increasing industrial activities is anticipated to drive product demand across Europe during the forecast period. Countries such as Germany are anticipated to witness significant growth owing to rising product consumption in manufacturing processes along with extensive R&D activities by key companies operating within this region.
North America accounted for more than 20% revenue share within specialty fluids market due to presence of numerous manufacturers operating within U S A & Canada that have been focusing on developing new products based on ethylene oxide (EO) segment rather than HFC segment owing to strict regulations laid down by United States Environmental Protection Agency (U S EPA).
Growth Factors:
- Increasing demand from the end-use industries such as automotive, aerospace, and others
- Growing demand for eco-friendly and non-toxic fluids
- Rising awareness about the benefits of specialty fluids over conventional fluids
- Technological advancements in fluid handling systems and manufacturing processes
- Growing number of distributors and dealers across different regions
Scope Of The Report
Report Attributes
Report Details
Report Title
Specialty Fluids Market Research Report
By Type
Hydrofluorocarbon (HFC), Hydrofluoroolefin (HFO), Polyethylene Glycol, Alcohol Ethoxylates
By Application
Cleaner, Lubricant, Solvent, Other
By Companies
Cabot, DowDuPont, Quaker Chemical, Saint-Gobain, Solvay, Chemours, Cabot
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
185
Number of Tables & Figures
130
Customization Available
Yes, the report can be customized as per your need.
Global Specialty Fluids Market Report Segments:
The global Specialty Fluids market is segmented on the basis of:
Types
Hydrofluorocarbon (HFC), Hydrofluoroolefin (HFO), Polyethylene Glycol, Alcohol Ethoxylates
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
Cleaner, Lubricant, Solvent, Other
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:
- Cabot
- DowDuPont
- Quaker Chemical
- Saint-Gobain
- Solvay
- Chemours
- Cabot
Highlights of The Specialty Fluids 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:
- Hydrofluorocarbon (HFC)
- Hydrofluoroolefin (HFO)
- Polyethylene Glycol
- Alcohol Ethoxylates
- By Application:
- Cleaner
- Lubricant
- Solvent
- Other
- 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 Specialty Fluids 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Specialty Fluids are a type of fluid used in the oil and gas industry. They are used to help increase production or reduce costs.
Some of the key players operating in the specialty fluids market are Cabot, DowDuPont, Quaker Chemical, Saint-Gobain, Solvay, Chemours, Cabot.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Specialty Fluids 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 Specialty Fluids Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Specialty Fluids 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 Specialty Fluids 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 Specialty Fluids Market Size & Forecast, 2018-2028
4.5.1 Specialty Fluids Market Size and Y-o-Y Growth
4.5.2 Specialty Fluids Market Absolute $ Opportunity
Chapter 5 Global Specialty Fluids 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 Specialty Fluids Market Size Forecast by Type
5.2.1 Hydrofluorocarbon (HFC)
5.2.2 Hydrofluoroolefin (HFO)
5.2.3 Polyethylene Glycol
5.2.4 Alcohol Ethoxylates
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Specialty Fluids 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 Specialty Fluids Market Size Forecast by Applications
6.2.1 Cleaner
6.2.2 Lubricant
6.2.3 Solvent
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Specialty Fluids 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 Specialty Fluids 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 Specialty Fluids Analysis and Forecast
9.1 Introduction
9.2 North America Specialty Fluids 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 Specialty Fluids Market Size Forecast by Type
9.6.1 Hydrofluorocarbon (HFC)
9.6.2 Hydrofluoroolefin (HFO)
9.6.3 Polyethylene Glycol
9.6.4 Alcohol Ethoxylates
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 Specialty Fluids Market Size Forecast by Applications
9.10.1 Cleaner
9.10.2 Lubricant
9.10.3 Solvent
9.10.4 Other
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 Specialty Fluids Analysis and Forecast
10.1 Introduction
10.2 Europe Specialty Fluids 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 Specialty Fluids Market Size Forecast by Type
10.6.1 Hydrofluorocarbon (HFC)
10.6.2 Hydrofluoroolefin (HFO)
10.6.3 Polyethylene Glycol
10.6.4 Alcohol Ethoxylates
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 Specialty Fluids Market Size Forecast by Applications
10.10.1 Cleaner
10.10.2 Lubricant
10.10.3 Solvent
10.10.4 Other
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 Specialty Fluids Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Specialty Fluids 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 Specialty Fluids Market Size Forecast by Type
11.6.1 Hydrofluorocarbon (HFC)
11.6.2 Hydrofluoroolefin (HFO)
11.6.3 Polyethylene Glycol
11.6.4 Alcohol Ethoxylates
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 Specialty Fluids Market Size Forecast by Applications
11.10.1 Cleaner
11.10.2 Lubricant
11.10.3 Solvent
11.10.4 Other
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 Specialty Fluids Analysis and Forecast
12.1 Introduction
12.2 Latin America Specialty Fluids 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 Specialty Fluids Market Size Forecast by Type
12.6.1 Hydrofluorocarbon (HFC)
12.6.2 Hydrofluoroolefin (HFO)
12.6.3 Polyethylene Glycol
12.6.4 Alcohol Ethoxylates
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 Specialty Fluids Market Size Forecast by Applications
12.10.1 Cleaner
12.10.2 Lubricant
12.10.3 Solvent
12.10.4 Other
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) Specialty Fluids Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Specialty Fluids 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) Specialty Fluids Market Size Forecast by Type
13.6.1 Hydrofluorocarbon (HFC)
13.6.2 Hydrofluoroolefin (HFO)
13.6.3 Polyethylene Glycol
13.6.4 Alcohol Ethoxylates
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) Specialty Fluids Market Size Forecast by Applications
13.10.1 Cleaner
13.10.2 Lubricant
13.10.3 Solvent
13.10.4 Other
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 Specialty Fluids Market: Competitive Dashboard
14.2 Global Specialty Fluids Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Cabot
14.3.2 DowDuPont
14.3.3 Quaker Chemical
14.3.4 Saint-Gobain
14.3.5 Solvay
14.3.6 Chemours
14.3.7 Cabot
