Global Engineered Fluids Industry is Expected to Witness Significant Growth Owing to Increasing Applications in the Electronics Industry
Market Overview Engineered fluids (fluorinated oils) are also known as perfluoropolyether (PFPE). They are a type of lubricant used to provide high-performance applications in extreme heat. They offer excellent features such as electrical, thermal, and chemical resistance; non-flammable; non-reactive to metal, plastic, rubber, and elastomers; non-toxic and environment-friendly. Electronic coolants are extensively used as engineered fluids for high-temperature applications in semiconductors, which is expected to fuel the demand for the product during the forecast period. Market Segmentation The global engineered fluids industry has been segmented on the basis of application and region. On the basis of application, the global engineered fluids (fluorinated oils) market has been categorized into automotive, aerospace and military, oil & gas, chemical processing, electricals & electronics, food processing machinery, and others. The electrical & electronics is the largest...