Frequently Asked Questions
The market is segmented based on , By Type (Brake Fluid, Power Steering Fluids, Process Oils, Hydraulic and Transmission Fluid, Fire Resistant Fluids, Metal Working Fluid, Heat Transfer Fluid, Coating Fluid, Bio based Hydraulic Fluid, Other), End-User (Automotive, Industrial Machinery, Construction, Transportation, Metals and Mining, Pharmaceutical, Textile, Mining & Metallurgy, Energy and Power, Paper and Pulp, Food and Beverage, Agriculture, Cosmetics and Personal Care, Power Generation and Energy, General Industrial, Chemicals, Others) – Industry Trends and Forecast to 2030.
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The Global Functional Fluids Market size was valued at USD 46.33 USD Billion in 2022.
The Global Functional Fluids Market is projected to grow at a CAGR of 4.55% during the forecast period of 2023 to 2030.
The major players operating in the market include Exxon Mobil Corporation , Shell , Chevron Corporation , BP p.l.c. , TotalEnergies , BASF SE , Dow , Chevron Phillips Chemical Company LLC , Idemitsu Kosan Co.Ltd. , FUCHS , PetroChina Company Limited , JX Nippon Oil & Gas Exploration Corporation , Indian Oil Corporation Ltd , The Lubrizol Corporation , Valvoline , Phillips 66 Company , Repsol. , Petrobras , PTT Public Company Limited , SK Enmove Co.Ltd .
The market report covers data from the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America..