- The market for glass fiber reinforced plastics composites is experiencing strong growth as industries focus on reducing overall material weight while maintaining strength and durability
- Increasing use of these composites in various end-use sectors is supporting advancements in production processes and materials innovation.
- North America dominates the Engineered Fluids (Fluorinated Fluids) Market with the largest revenue share of 35.03% in 2024, characterized by significant investments in R&D and the rapid adoption of advanced technologies.
- Asia-Pacific is expected to be the fastest growing region in the Engineered Fluids (Fluorinated Fluids) Market during the forecast period due to increasing investments in infrastructure and manufacturing capabilities
- The lubricants segment is expected to dominate the Engineered Fluids (Fluorinated Fluids) Market with a market share of 38.5% in 2024, driven by their exceptional thermal stability, dielectric properties, and chemical inertness
