the present scenario (with the base year being 2017) and the growth prospects of global Fire Resistant Hydraulic Fluids market for 2018-2023.
Fire-resistant hydraulic fluids are specially formulated lubricants that are more difficult to ignite and do not propagate a flame from an ignition source. Fire resistant should not be confused with fire proof, as fire resistant fluids will still ignite and burn given specific conditions.
Currently, there are many companies in the world can produce fire resistant hydraulic fluids product, mainly concentrating in North America, Europe and Asia. The production of fire resistant hydraulic fluids increased from 247.84 K MT in 2012 to 295.98 K MT in 2017.
In consumption market, the growth rate of global consumption is smooth relatively. North America, Europe and China are the main consumption regions. In 2017, the three regions consumed about 76.26% fire resistant hydraulic fluids.
As for the applications, among various fields, consumption volume from Metallurgy is the largest. In 2017, Metallurgy industry consumed 123.25 K MT fire resistant hydraulic fluids.
over the next five years, our projects that fire resistant hydraulic fluids will register a 3.1% cagr in terms of revenue, reach us$ 1630 million by 2023, from us$ 1360 million in 2017.
This report presents a comprehensive overview, market shares, and growth opportunities of Fire Resistant Hydraulic Fluids market by product type, application, key manufacturers and key regions.
To calculate the market size, we considers value and volume generated from the sales of the following segments:
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Segmentation by product type:
Segmentation by application:
This report also splits the market by region:
- United States
- To Know More Region
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market.
The key manufacturers covered in this report:
- Houghton International
- Lanxess (Chemtura)
- American Chemical Technologies
- Wuhan Jiesheng
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
- To study and analyze the global Fire Resistant Hydraulic Fluids consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
- To understand the structure of Fire Resistant Hydraulic Fluids market by identifying its various subsegments.
- Focuses on the key global Fire Resistant Hydraulic Fluids manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
- To analyze the Fire Resistant Hydraulic Fluids with respect to individual growth trends, future prospects, and their contribution to the total market.
- To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
- To project the consumption of Fire Resistant Hydraulic Fluids submarkets, with respect to key regions (along with their respective key countries).
- To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
- To strategically profile the key players and comprehensively analyze their growth strategies.
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