Global Engineered Fluids (Fluorinated Oils) Market Analysis and Forecast
The engineered fluids market has been experiencing significant growth and is expected to continue its upward trajectory in the coming years. Engineered fluids, also known as advanced or specialty fluids, are formulated liquids designed for specific applications that require precise properties and performance characteristics. These fluids offer unique advantages over traditional fluids and find a wide range of applications across various industries. One of the key drivers behind the increasing demand for engineered fluids is their use in thermal management applications. Engineered fluids, such as dielectric fluids and heat transfer fluids, are used to efficiently manage and control heat in various systems and processes. They offer high thermal stability, low viscosity, and excellent heat transfer properties, making them ideal for applications in electronics cooling, electric vehicles, renewable energy systems, and industrial processes. With the growing ne...