This report contains market size and forecasts of Functional Fluids in global, including the following market information:
Global Functional Fluids Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Functional Fluids Market Sales, 2017-2022, 2023-2028, (K MT)
Global top five Functional Fluids companies in 2021 (%)
The global Functional Fluids market was valued at 65710 million in 2021 and is projected to reach US$ 96520 million by 2028, at a CAGR of 5.6% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Transmission and Hydraulic Fluids Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Functional Fluids include Exxon Mobil, Royal Dutch Shell, Total SA, BP, BASF, Chevron Oronite, AMSOIL Incorporated, Ashland and ConocoPhillips, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Functional Fluids manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Functional Fluids Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Functional Fluids Market Segment Percentages, by Type, 2021 (%)
Transmission and Hydraulic Fluids
Metalworking Fluids
Heat Transfer Fluids
Process Oils
Other
Global Functional Fluids Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Functional Fluids Market Segment Percentages, by Application, 2021 (%)
Industrial
Mining Industry
Automotive
Construction
Transportation
Global Functional Fluids Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Functional Fluids Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Functional Fluids revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Functional Fluids revenues share in global market, 2021 (%)
Key companies Functional Fluids sales in global market, 2017-2022 (Estimated), (K MT)
Key companies Functional Fluids sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Exxon Mobil
Royal Dutch Shell
Total SA
BP
BASF
Chevron Oronite
AMSOIL Incorporated
Ashland
ConocoPhillips
Chevron Corporation
Lanxess
Dow Chemical
DuPont
Calumet Specialty Products
Eastman Chemical
Warren Oil Company
CLC Lubricants