The global technical fluid market is expected to grow at a CAGR of 4.5% during the forecast period, from 2021 to 2030. The growth in this market is attributed to the increasing demand for these fluids in various industries such as petrochemicals, plastics and polymers, and transportation. The demand for these fluids is also driven by their ability to reduce energy consumption and emissions of greenhouse gases. The global dielectric fluid market size was valued at USD 3.2 billion in 2018 and is projected to reach USD 4.6 billion by 2030, growing at a CAGR of 4.5% during the forecast period from 2021-2030. Dielectric fluids are used as insulators in electrical equipment such as transformers, capacitors, motors etc, which helps reduce power loss due to leakage currents or eddy currents that can occur when there are changes in voltage or current flow through an object with a non-conductive surface like air or water; thereby reducing energy consumption and emissions of greenhouse gases.
Some Of The Growth Factors Of This Market:
- The global demand for oil and gas is expected to increase in the coming years, which will lead to an increased demand for technical fluids.
- The increasing number of drilling rigs in the United States has led to a higher demand for technical fluids, such as drilling muds and lubricants.
- The increasing number of offshore drilling rigs has also led to an increased need for technical fluids, such as drilling muds and lubricants.
- Increasing exploration activities in emerging markets have led to a higher demand for technical fluids, such as drilling muds and lubricants.
- Increasing environmental regulations on emissions from vehicles have led to a higher demand for synthetic oils.
Industry Growth Insights published a new data on “Technical Fluid Market”. The research report is titled “Technical Fluid Market research by Types (Dielectric Fluid, Heat Transfer Fluid, Drilling Fluid, Metalworking Fluid, Other), By Applications (Petroleum and Natural Gas, Plastics and Polymers, Car and Transportation, Other), By Players/Companies Arkema Group, VOLTRONIC GmbH, NISOTEC, BIZOL Germany GmbH, Nefteproduct JSC, CIMCOOL Industrial Products, Exxon Mobil Corporation, Multitherm, Dynalene”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Technical Fluid Market Research Report
By Type
Dielectric Fluid, Heat Transfer Fluid, Drilling Fluid, Metalworking Fluid, Other
By Application
Petroleum and Natural Gas, Plastics and Polymers, Car and Transportation, Other
By Companies
Arkema Group, VOLTRONIC GmbH, NISOTEC, BIZOL Germany GmbH, Nefteproduct JSC, CIMCOOL Industrial Products, Exxon Mobil Corporation, Multitherm, Dynalene
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 Technical Fluid Market Report Segments:
The global Technical Fluid market is segmented on the basis of:
Types
Dielectric Fluid, Heat Transfer Fluid, Drilling Fluid, Metalworking Fluid, Other
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
Petroleum and Natural Gas, Plastics and Polymers, Car and Transportation, 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:
- Arkema Group
- VOLTRONIC GmbH
- NISOTEC
- BIZOL Germany GmbH
- Nefteproduct JSC
- CIMCOOL Industrial Products
- Exxon Mobil Corporation
- Multitherm
- Dynalene
Highlights of The Technical Fluid 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:
- Dielectric Fluid
- Heat Transfer Fluid
- Drilling Fluid
- Metalworking Fluid
- Other
- By Application:
- Petroleum and Natural Gas
- Plastics and Polymers
- Car and Transportation
- 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 Technical Fluid 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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- Correctly Positioning New Products
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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?
Technical fluid is a type of oil or grease that is used in industrial and automotive applications. It is a thick, black liquid that has a low viscosity and high lubricity.
Some of the major players in the technical fluid market are Arkema Group, VOLTRONIC GmbH, NISOTEC, BIZOL Germany GmbH, Nefteproduct JSC, CIMCOOL Industrial Products, Exxon Mobil Corporation, Multitherm, Dynalene.
The technical fluid market is expected to register a CAGR of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Technical Fluid Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Technical Fluid Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Technical Fluid Market - Supply Chain
4.5. Global Technical Fluid Market Forecast
4.5.1. Technical Fluid Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Technical Fluid Market Size (000 Units) and Y-o-Y Growth
4.5.3. Technical Fluid Market Absolute $ Opportunity
5. Global Technical Fluid Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Technical Fluid Market Size and Volume Forecast by Type
5.3.1. Dielectric Fluid
5.3.2. Heat Transfer Fluid
5.3.3. Drilling Fluid
5.3.4. Metalworking Fluid
5.3.5. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Technical Fluid Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Technical Fluid Market Size and Volume Forecast by Application
6.3.1. Petroleum and Natural Gas
6.3.2. Plastics and Polymers
6.3.3. Car and Transportation
6.3.4. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Technical Fluid Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Technical Fluid Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Technical Fluid Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Technical Fluid Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Technical Fluid Demand Share Forecast, 2019-2026
9. North America Technical Fluid Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Technical Fluid Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Technical Fluid Market Size and Volume Forecast by Application
9.4.1. Petroleum and Natural Gas
9.4.2. Plastics and Polymers
9.4.3. Car and Transportation
9.4.4. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Technical Fluid Market Size and Volume Forecast by Type
9.7.1. Dielectric Fluid
9.7.2. Heat Transfer Fluid
9.7.3. Drilling Fluid
9.7.4. Metalworking Fluid
9.7.5. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Technical Fluid Demand Share Forecast, 2019-2026
10. Latin America Technical Fluid Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Technical Fluid Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Technical Fluid Market Size and Volume Forecast by Application
10.4.1. Petroleum and Natural Gas
10.4.2. Plastics and Polymers
10.4.3. Car and Transportation
10.4.4. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Technical Fluid Market Size and Volume Forecast by Type
10.7.1. Dielectric Fluid
10.7.2. Heat Transfer Fluid
10.7.3. Drilling Fluid
10.7.4. Metalworking Fluid
10.7.5. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Technical Fluid Demand Share Forecast, 2019-2026
11. Europe Technical Fluid Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Technical Fluid Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Technical Fluid Market Size and Volume Forecast by Application
11.4.1. Petroleum and Natural Gas
11.4.2. Plastics and Polymers
11.4.3. Car and Transportation
11.4.4. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Technical Fluid Market Size and Volume Forecast by Type
11.7.1. Dielectric Fluid
11.7.2. Heat Transfer Fluid
11.7.3. Drilling Fluid
11.7.4. Metalworking Fluid
11.7.5. Other
11.8. Basis Pont Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Technical Fluid Demand Share, 2019-2026
12. Asia Pacific Technical Fluid Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Technical Fluid Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Technical Fluid Market Size and Volume Forecast by Application
12.4.1. Petroleum and Natural Gas
12.4.2. Plastics and Polymers
12.4.3. Car and Transportation
12.4.4. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Technical Fluid Market Size and Volume Forecast by Type
12.7.1. Dielectric Fluid
12.7.2. Heat Transfer Fluid
12.7.3. Drilling Fluid
12.7.4. Metalworking Fluid
12.7.5. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Technical Fluid Demand Share, 2019-2026
13. Middle East & Africa Technical Fluid Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Technical Fluid Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Technical Fluid Market Size and Volume Forecast by Application
13.4.1. Petroleum and Natural Gas
13.4.2. Plastics and Polymers
13.4.3. Car and Transportation
13.4.4. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Technical Fluid Market Size and Volume Forecast by Type
13.7.1. Dielectric Fluid
13.7.2. Heat Transfer Fluid
13.7.3. Drilling Fluid
13.7.4. Metalworking Fluid
13.7.5. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Technical Fluid Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Technical Fluid Market: Market Share Analysis
14.2. Technical Fluid Distributors and Customers
14.3. Technical Fluid Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Arkema Group
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. VOLTRONIC GmbH
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. NISOTEC
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. BIZOL Germany GmbH
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Nefteproduct JSC
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. CIMCOOL Industrial Products
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Exxon Mobil Corporation
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Multitherm
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Dynalene
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook