Categories: Chemicals And Materials | Format :
MARKET DEFINITION
Fire, which frequently results from pinhole leaks and breakage in hydraulic hoses, is the main cause of damage to hydraulic equipment. Water in oil emulsions, water glycols and synthetic fluids are hydraulic fluids that are less dangerous and more fire resistant. In applications where there is a possible ignition source, petroleum-based hydraulic fluids have been replaced by fire-resistant fluids. Hydraulic fluids that are fire-resistant lower the risk of fire and flammability and enhance operational and workplace safety. The use of fire-resistant fluids in place of the equipment's combustible hydraulic oils can assist prevent these losses from happening.
MARKET DYNAMICS
At very high pressures, fire-resistant fluids carry out crucial functions such as fire prevention and controllability by suppressing ignition due to their chemical makeover. Fire-resistant fluids are used extensively in the aerospace industry, where an aircraft's hydraulic system plays a crucial role in safety, in addition to several end-use industries that are subjected to conditions of extremely high temperatures. As working settings become more challenging over time, manufacturing processes have become more complex nowadays. One of the main drivers of the growth of the fire-resistant market is the necessity of using fire-resistant fluids due to smaller hydraulic reservoir sizes, high pressures, and challenging operating circumstances.
REPORT SCOPE
The report titled “Global Fire Resistant Fluid Market – Size, Share, Growth, Opportunities, and Competitive Analysis, 2022 – 2028” offers strategic visions into the Global Fire Resistant Fluid market along with the market size (Value in “US$ Mn”) for the historical period 2017 to 2021 and estimates for the forecast period 2022 to 2028. The RI report is an in-depth study of the global Fire Resistant Fluid market with a strong focus on key market trends, vital player strategies, and market forecasts. The study also covers key market dynamics, including drivers, restraints, opportunities, challenges, and existing and upcoming pathways that help CXOs make critical business decisions effectively. The global Fire Resistant Fluid Market is predicted to grow at a significant CAGR over the forecast period from 2022 to 2028.
GEOGRAPHICAL OVERVIEW
The research report includes a detailed overview of the industry comprising quantitative and qualitative information. It gives a broad overview of the worldwide market forecasts for major segments. It also includes market size and forecast projections for five key regions: North America, Europe, Asia-Pacific (APAC), South America, and the Middle East & Africa (MEA), for the years 2017 to 2028. The market is further divided by categories and countries within each province. The research scrutinizes and forecasts over 20 nations worldwide, as well as the present trend and possibilities in these regions.
MARKET SEGMENTATION
The Global Fire Resistant Fluid Market is segmented based on fluids, application and region. Based on the fluids, the market is segmented into water-in-oil (ISO HFB), oil-in-water (ISO HFAE), synthetic anhydrous fluids, phosphate esters (ISO HFDR), polyol esters/polyalkenes glycols (ISO HFDU), synthetic aqueous fluid (ISO HFAS) and others. Applications are further segmented into foundry & smelting, marine industry, mining industry, aviation industry, automotive industry and others.
COMPETITION LANDSCAPE
The RI research report discusses noteworthy developments in the industry as well as organic and inorganic growth strategies being adopted by the Fire Resistant Fluid market players. The report covers industry activities, including new product launches, mergers & acquisitions, business partnerships, and various expansion initiatives being undertaken by the active players in the market. These developments pave the path for various market participants to strengthen their positioning as well as expand their consumer base. The positive market outlook for the global Fire Resistant Fluid market is anticipated to present lucrative growth opportunities to the market players. The report also offers detailed profiles of major players in the global Fire Resistant Fluid market, emphasizing the strategic initiatives, financial information, SWOT analysis, and key development in the Fire Resistant Fluid Market industry in the past three years.
Key players in the Global Fire Resistant Fluid Market have adopted various organic as well as inorganic growth strategies to strengthen their market positioning. Prominent players in the market include:
COVID-19 IMPACT ANALYSIS ON THE GLOBAL FIRE RESISTANT FLUID MARKET
The COVID-19 pandemic is still a very personal, individual experience that is also a once-in-a-lifetime worldwide phenomenon with far-reaching consequences. The epidemic has wreaked havoc on people's lives in all nations and communities and also had a negative impact on global economic development in 2020, unlike anything seen in almost a century. The pandemic severely impacted key economies such as India, Brazil, the U.S., France, Russia, the UK, Italy, Turkey, and Argentina. According to estimates, the virus slowed global economic growth by -3.4 percent to -7.6 percent in 2020, with a rebound of 4.2 percent to 5.6 percent expected in 2021. In 2020, global commerce was expected to decline by 5.3 percent, but it is expected to rise by 8.0 percent in 2021.
In contrast to the global economic downturn in the first half of 2020, the economy began to showcase symptoms of a two-track recovery post the second quarter of 2020, with a fledgling rebound in developed nations, however, slower growth in emerging economies. The outbreak of the Covid-19 pandemic has not only resulted in halted production activity but has also disrupted the global supply chain. The research goes on to evaluate the current and future implications of the COVID-19 pandemic both on the target as well as broader market, thereby, providing accurate and trustworthy forecasts.
Report Attribute/Metric |
Details |
Market Size |
In USD Million |
CAGR |
In % (2022-2028) |
Base Year |
2021 |
Forecast Period |
2022 – 2028 |
Historical Data |
2017 to 2021 |
Forecast Unit |
Value (US$ Mn) |
Report Coverage |
Revenue Forecast, Competitive Landscape, Growth Factors and Trends |
Geographies Covered |
North America, Europe, Asia-Pacific, South America, and Middle East & Africa |
Key Players Analyzed |
Exxon Mobil Corporation, Royal Dutch Shell, Castrol Limited, The Dow Chemical Company, BASF SE, Quaker Chemical Corporation, Eastman Chemical Company, Croda International Plc, Chevron Products UK Limited. |
Customization & Pricing |
Available on Request (10% Customization is Free) |
RESEARCH PROGRAM DESIGN
KEY QUESTIONS ANSWERED
REASONS FOR BUYING THIS REPORT:
Chapter 1. Executive Summary
1.1. Market Outlook
1.2. Market Segment Outlook
1.3. Geography Outlook
1.4. Absolute $ Opportunity
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Scope, Definition, and Assumptions
2.3. Data Sources
2.3.1. Secondary Sources
2.3.1.1. Preliminary Data Mining
2.3.2. Primary Sources
2.3.2.1. Statistical Placement
2.3.2.2. Data Triangulation
2.3.2.3. Research Objective
Chapter 3. Market Outlook
3.1. Introduction
3.2. Key Trends
3.2.1. Fluids Trends
3.2.2. Application Trends
3.3. Market Dynamics
3.3.1. Market Drivers
3.3.1.1. Impact Analysis of Market Drivers
3.3.2. Market Restraints
3.3.2.1. Impact Analysis of Market Restraints
3.3.3. Market Opportunities
3.3.3.1. Impact Analysis of Market Opportunities
3.3.4. Market Challenges
3.3.4.1. Impact Analysis of Market Challenges
3.4. Porter’s Five Forces’ Analysis
3.4.1. Bargaining Power of Suppliers
3.4.2. Bargaining Power of Buyers
3.4.3. Threat of New Entrant
3.4.4. Threat of Substitutes
3.4.5. Competitive Rivalry
3.5. Value Chain Analysis: Global Fire Resistant Fluid Market
3.6. COVID-19 Impact Assessment in Fire Resistant Fluid Market
3.6.1. Impact Assessment on Global Fire Resistant Fluid Market
3.6.2. Market Trends and Opportunities in the Covid-19 Landscape
Chapter 4. Global Fire Resistant Fluid Market Overview, By Fluids, 2017 - 2028 (USD Million)
4.1. Global Fire Resistant Fluid Market Share, By Fluids, 2017 - 2028 (USD Million)
4.1.1. Water-in-oil (ISO HFB)
4.1.2. Oil-In-Water (ISO HFAE)
4.1.3. Synthetic Anhydrous Fluids
4.1.4. Phosphate Esters (ISO HFDR)
4.1.5. Polyol Esters/Polyalkalene Glycols (ISO HFDU)
4.1.6. Synthetic Aqueous Fluid (ISO HFAS)
4.1.7. Others
Chapter 5. Global Fire Resistant Fluid Market Overview, By Application, 2017 - 2028 (USD Million)
5.1. Global Fire Resistant Fluid Market Share, By Application, 2017 - 2028 (USD Million)
5.1.1. Foundry & Smelting
5.1.2. Marine Industry
5.1.3. Mining Industry
5.1.4. Aviation Industry
5.1.5. Automotive Industry
5.1.6. Others
Chapter 6. Global Fire Resistant Fluid Market Overview, By Geography, 2017 - 2028 (USD Million)
6.1. Global Fire Resistant Fluid Market Share, By Geography, 2017 - 2028 (USD Million)
6.1.1. Market Application and Projections, by Countries, 2017 - 2028 (USD Million)
6.1.2. Market Share and CAGR Comparison, by Countries, 2021 (%)
Chapter 7. North America Fire Resistant Fluid Market Overview, By Countries, 2017 - 2028 (USD Million)
7.1. North America Fire Resistant Fluid Market Overview, 2017 - 2028 (USD Million)
7.1.1. Market Application and projections, 2017 - 2028 (USD Million)
7.1.2. North America Fire Resistant Fluid Market Overview, By Fluids, 2017 - 2028 (USD Million)
7.1.3. North America Fire Resistant Fluid Market Overview, By Application, 2017 - 2028 (USD Million)
7.2. North America Fire Resistant Fluid Market Overview, By Countries, 2017 - 2028 (USD Million)
7.2.1. U.S. Fire Resistant Fluid Market Overview, 2017 - 2028 (USD Million)
7.2.1.1. U.S. Fire Resistant Fluid Market Overview, By Fluids, 2017 - 2028 (USD Million)
7.2.1.2. U.S. Fire Resistant Fluid Market Overview, By Application, 2017 - 2028 (USD Million)
7.2.2. Canada Fire Resistant Fluid Market Overview, 2017 - 2028 (USD Million)
7.2.2.1. Canada Fire Resistant Fluid Market Overview, By Fluids, 2017 - 2028 (USD Million)
7.2.2.2. Canada Fire Resistant Fluid Market Overview, By Application, 2017 - 2028 (USD Million)
7.2.3. Mexico Fire Resistant Fluid Market Overview, 2017 - 2028 (USD Million)
7.2.3.1. Mexico Fire Resistant Fluid Market Overview, By Fluids, 2017 - 2028 (USD Million)
7.2.3.2. Mexico Fire Resistant Fluid Market Overview, By Application, 2017 - 2028 (USD Million)
Chapter 8. Europe Fire Resistant Fluid Market Overview, By Countries, 2017 - 2028 (USD Million)
8.1. Europe Fire Resistant Fluid Market Overview, 2017 - 2028 (USD Million)
8.1.1. Market Application and projections, 2017 - 2028 (USD Million)
8.1.2. Europe Fire Resistant Fluid Market Overview, By Fluids, 2017 - 2028 (USD Million)
8.1.3. Europe Fire Resistant Fluid Market Overview, By Application, 2017 - 2028 (USD Million)
8.2. Europe Fire Resistant Fluid Market Overview, By Countries, 2017 - 2028 (USD Million)
8.2.1. Germany Fire Resistant Fluid Market Overview, 2017 - 2028 (USD Million)
8.2.1.1. Germany Fire Resistant Fluid Market Overview, By Fluids, 2017 - 2028 (USD Million)
8.2.1.2. Germany Fire Resistant Fluid Market Overview, By Application, 2017 - 2028 (USD Million)
8.2.2. France Fire Resistant Fluid Market Overview, 2017 - 2028 (USD Million)
8.2.2.1. France Fire Resistant Fluid Market Overview, By Fluids, 2017 - 2028 (USD Million)
8.2.2.2. France Fire Resistant Fluid Market Overview, By Application, 2017 - 2028 (USD Million)
8.2.3. UK Fire Resistant Fluid Market Overview, 2017 - 2028 (USD Million)
8.2.3.1. UK Fire Resistant Fluid Market Overview, By Fluids, 2017 - 2028 (USD Million)
8.2.3.2. UK Fire Resistant Fluid Market Overview, By Application, 2017 - 2028 (USD Million)
8.2.4. Italy Fire Resistant Fluid Market Overview, 2017 - 2028 (USD Million)
8.2.4.1. Italy Fire Resistant Fluid Market Overview, By Fluids, 2017 - 2028 (USD Million)
8.2.4.2. Italy Fire Resistant Fluid Market Overview, By Application, 2017 - 2028 (USD Million)
8.2.5. Spain Fire Resistant Fluid Market Overview, 2017 - 2028 (USD Million)
8.2.5.1. Spain Fire Resistant Fluid Market Overview, By Fluids, 2017 - 2028 (USD Million)
8.2.5.2. Spain Fire Resistant Fluid Market Overview, By Application, 2017 - 2028 (USD Million)
8.2.6. NORDIC Fire Resistant Fluid Market Overview, 2017 - 2028 (USD Million)
8.2.6.1. NORDIC Fire Resistant Fluid Market Overview, By Fluids, 2017 - 2028 (USD Million)
8.2.6.2. NORDIC Fire Resistant Fluid Market Overview, By Application, 2017 - 2028 (USD Million)
8.2.7. Russia and CIS Fire Resistant Fluid Market Overview, 2017 - 2028 (USD Million)
8.2.7.1. Russia and CIS Fire Resistant Fluid Market Overview, By Fluids, 2017 - 2028 (USD Million)
8.2.7.2. Russia and CIS Fire Resistant Fluid Market Overview, By Application, 2017 - 2028 (USD Million)
8.2.8. Rest of Europe Fire Resistant Fluid Market Overview, 2017 - 2028 (USD Million)
8.2.8.1. Rest of Europe Fire Resistant Fluid Market Overview, By Fluids, 2017 - 2028 (USD Million)
8.2.8.2. Rest of Europe Fire Resistant Fluid Market Overview, By Application, 2017 - 2028 (USD Million)
Chapter 9. Asia Pacific Fire Resistant Fluid Market Overview, By Countries, 2017 - 2028 (USD Million)
9.1. Asia Pacific Fire Resistant Fluid Market Overview, 2017 - 2028 (USD Million)
9.1.1. Market Application and projections, 2017 - 2028 (USD Million)
9.1.2. Asia Pacific Fire Resistant Fluid Market Overview, By Fluids, 2017 - 2028 (USD Million)
9.1.3. Asia Pacific Fire Resistant Fluid Market Overview, By Application, 2017 - 2028 (USD Million)
9.2. Asia Pacific Fire Resistant Fluid Market Overview, By Countries, 2017 - 2028 (USD Million)
9.2.1. India Fire Resistant Fluid Market Overview, 2017 - 2028 (USD Million)
9.2.1.1. India Fire Resistant Fluid Market Overview, By Fluids, 2017 - 2028 (USD Million)
9.2.1.2. India Fire Resistant Fluid Market Overview, By Application, 2017 - 2028 (USD Million)
9.2.2. China Fire Resistant Fluid Market Overview, 2017 - 2028 (USD Million)
9.2.2.1. China Fire Resistant Fluid Market Overview, By Fluids, 2017 - 2028 (USD Million)
9.2.2.2. China Fire Resistant Fluid Market Overview, By Application, 2017 - 2028 (USD Million)
9.2.3. Japan Fire Resistant Fluid Market Overview, 2017 - 2028 (USD Million)
9.2.3.1. Japan Fire Resistant Fluid Market Overview, By Fluids, 2017 - 2028 (USD Million)
9.2.3.2. Japan Fire Resistant Fluid Market Overview, By Application, 2017 - 2028 (USD Million)
9.2.4. ASEAN Fire Resistant Fluid Market Overview, 2017 - 2028 (USD Million)
9.2.4.1. ASEAN Fire Resistant Fluid Market Overview, By Fluids, 2017 - 2028 (USD Million)
9.2.4.2. ASEAN Fire Resistant Fluid Market Overview, By Application, 2017 - 2028 (USD Million)
9.2.5. South Korea Fire Resistant Fluid Market Overview, 2017 - 2028 (USD Million)
9.2.5.1. South Korea Fire Resistant Fluid Market Overview, By Fluids, 2017 - 2028 (USD Million)
9.2.5.2. South Korea Fire Resistant Fluid Market Overview, By Application, 2017 - 2028 (USD Million)
9.2.6. Australia Fire Resistant Fluid Market Overview, 2017 - 2028 (USD Million)
9.2.6.1. Australia Fire Resistant Fluid Market Overview, By Fluids, 2017 - 2028 (USD Million)
9.2.6.2. Australia Fire Resistant Fluid Market Overview, By Application, 2017 - 2028 (USD Million)
9.2.7. Rest of Asia Pacific Fire Resistant Fluid Market Overview, 2017 - 2028 (USD Million)
9.2.7.1. Rest of Asia Pacific Fire Resistant Fluid Market Overview, By Fluids, 2017 - 2028 (USD Million)
9.2.7.2. Rest of Asia Pacific Fire Resistant Fluid Market Overview, By Application, 2017 - 2028 (USD Million)
Chapter 10. South America Fire Resistant Fluid Market Overview, By Countries, 2017 - 2028 (USD Million)
10.1. South America Fire Resistant Fluid Market Overview, 2017 - 2028 (USD Million)
10.1.1. Market Application and projections, 2017 - 2028 (USD Million)
10.1.2. South America Fire Resistant Fluid Market Overview, By Fluids, 2017 - 2028 (USD Million)
10.1.3. South America Fire Resistant Fluid Market Overview, By Application, 2017 - 2028 (USD Million)
10.2. South America Fire Resistant Fluid Market Overview, By Countries, 2017 - 2028 (USD Million)
10.2.1. Brazil Fire Resistant Fluid Market Overview, 2017 - 2028 (USD Million)
10.2.1.1. Brazil Fire Resistant Fluid Market Overview, By Fluids, 2017 - 2028 (USD Million)
10.2.1.2. Brazil Fire Resistant Fluid Market Overview, By Application, 2017 - 2028 (USD Million)
10.2.2. Argentina Fire Resistant Fluid Market Overview, 2017 - 2028 (USD Million)
10.2.2.1. Argentina Fire Resistant Fluid Market Overview, By Fluids, 2017 - 2028 (USD Million)
10.2.2.2. Argentina Fire Resistant Fluid Market Overview, By Application, 2017 - 2028 (USD Million)
10.2.3. Rest of South America Fire Resistant Fluid Market Overview, 2017 - 2028 (USD Million)
10.2.3.1. Rest of South America Fire Resistant Fluid Market Overview, By Fluids, 2017 - 2028 (USD Million)
10.2.3.2. Rest of South America Fire Resistant Fluid Market Overview, By Application, 2017 - 2028 (USD Million)
Chapter 11. Middle East & Africa Fire Resistant Fluid Market Overview, By Countries, 2017 - 2028 (USD Million)
11.1. Middle East & Africa Fire Resistant Fluid Market Overview, 2017 - 2028 (USD Million)
11.1.1. Market Application and projections, 2017 - 2028 (USD Million)
11.1.2. Middle East & Africa Fire Resistant Fluid Market Overview, By Fluids, 2017 - 2028 (USD Million)
11.1.3. Middle East & Africa Fire Resistant Fluid Market Overview, By Application, 2017 - 2028 (USD Million)
11.2. Middle East & Africa Fire Resistant Fluid Market Overview, By Countries, 2017 - 2028 (USD Million)
11.2.1. GCC Fire Resistant Fluid Market Overview, 2017 - 2028 (USD Million)
11.2.1.1. GCC Fire Resistant Fluid Market Overview, By Fluids, 2017 - 2028 (USD Million)
11.2.1.2. GCC Fire Resistant Fluid Market Overview, By Application, 2017 - 2028 (USD Million)
11.2.2. South Africa Fire Resistant Fluid Market Overview, 2017 - 2028 (USD Million)
11.2.2.1. South Africa Fire Resistant Fluid Market Overview, By Fluids, 2017 - 2028 (USD Million)
11.2.2.2. South Africa Fire Resistant Fluid Market Overview, By Application, 2017 - 2028 (USD Million)
11.2.3. Rest of Middle East & Africa Fire Resistant Fluid Market Overview, 2017 - 2028 (USD Million)
11.2.3.1. Rest of Middle East & Africa Fire Resistant Fluid Market Overview, By Fluids, 2017 - 2028 (USD Million)
11.2.3.2. Rest of Middle East & Africa Fire Resistant Fluid Market Overview, By Application, 2017 - 2028 (USD Million)
Chapter 12. Competitive Landscape
12.1. Competitive Environment, 2021
12.2. Strategic Framework
12.2.1. Partnership/Collaborations/Agreement
12.2.2. Expansion
12.2.3. Mergers & Acquisitions
12.2.4. New Product Development
Chapter 13. Key Vendor Analysis
13.1. Exxon Mobil Corporation
13.1.1. Business Overview
13.1.2. Product Benchmarking
13.1.3. Financial Data
13.1.4. Strategic Overview
13.1.5. Key Developments
13.1.6. SWOT Analysis
13.2. Royal Dutch Shell
13.2.1. Business Overview
13.2.2. Product Benchmarking
13.2.3. Financial Data
13.2.4. Strategic Overview
13.2.5. Key Developments
13.2.6. SWOT Analysis
13.3. Castrol Limited
13.3.1. Business Overview
13.3.2. Product Benchmarking
13.3.3. Financial Data
13.3.4. Strategic Overview
13.3.5. Key Developments
13.3.6. SWOT Analysis
13.4. The Dow Chemical Company
13.4.1. Business Overview
13.4.2. Product Benchmarking
13.4.3. Financial Data
13.4.4. Strategic Overview
13.4.5. Key Developments
13.4.6. SWOT Analysis
13.5. BASF SE
13.5.1. Business Overview
13.5.2. Product Benchmarking
13.5.3. Financial Data
13.5.4. Strategic Overview
13.5.5. Key Developments
13.5.6. SWOT Analysis
13.6. Quaker Chemical Corporation
13.6.1. Business Overview
13.6.2. Product Benchmarking
13.6.3. Financial Data
13.6.4. Strategic Overview
13.6.5. Key Developments
13.6.6. SWOT Analysis
13.7. Eastman Chemical Company
13.7.1. Business Overview
13.7.2. Product Benchmarking
13.7.3. Financial Data
13.7.4. Strategic Overview
13.7.5. Key Developments
13.7.6. SWOT Analysis
13.8. Croda International Plc
13.8.1. Business Overview
13.8.2. Product Benchmarking
13.8.3. Financial Data
13.8.4. Strategic Overview
13.8.5. Key Developments
13.8.6. SWOT Analysis
13.9. Chevron Products UK Limited.
13.9.1. Business Overview
13.9.2. Product Benchmarking
13.9.3. Financial Data
13.9.4. Strategic Overview
13.9.5. Key Developments
13.9.6. SWOT Analysis
Chapter 14. Future Outlook of the Market
Published On:Sep 2022
Base Year:2021
Historical Data:2019-2020
No of Pages:250
Fire Resistant Fluid Market Growth, Trends and For...
RD Code : MC22