Dec 8, 2020   SOURCE: BusinessWire

Specialty Fluids Market 2020-2024 | Post-Pandemic Industry Impact Analysis | Technavio

The specialty fluids market is expected to grow by USD 7.59 billion during 2020-2024, according to Technavio. The report offers a detailed analysis of the impact of the COVID-19 pandemic on the specialty fluids market in optimistic, probable, and pessimistic forecast scenarios.

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Technavio has announced its latest market research report titled Global Specialty Fluids Market 2020-2024 (Graphic: Business Wire)

Technavio has announced its latest market research report titled Global Specialty Fluids Market 2020-2024 (Graphic: Business Wire)

Enterprises will go through the Response, Recovery, and Renew phases. Download a Free Sample Report on COVID-19

The specialty fluids market will witness a neutral impact during the forecast period owing to the widespread growth of the COVID-19 pandemic. As per Technavio’s pandemic-focused market research, market growth is likely to increase as compared to 2019.

With the continuing spread of the novel coronavirus pandemic, organizations across the globe are gradually flattening their recessionary curve by leveraging technology. Many businesses will go through response, recovery, and renewal phases. Building business resilience and enabling agility will aid organizations to move forward in their journey out of the COVID-19 crisis towards the Next Normal.

This post-pandemic business planning research will aid clients to:

  • Adjust their strategic planning to move ahead once business stability kicks in.
  • Build Resilience by making effective resource and investment choices for individual business units, products, and service lines.
  • Conceptualize scenario-based planning to mitigate future crisis situations.

Download the Post-Pandemic Business Planning Structure. Click here

Key Considerations for Market Forecast:

  • Impact of lockdowns, supply chain disruptions, demand destruction, and change in customer behavior
  • Optimistic, probable, and pessimistic scenarios for all markets as the impact of pandemic unfolds
  • Pre- as well as post-COVID-19 market estimates
  • Quarterly impact analysis and updates on market estimates

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Global Heat Transfer Fluid Market- The heat Transfer Fluid market is segmented by end-user (oil and gas, chemicals, CSP, food and beverage, and others), type (silicones and aromatics, mineral oils, glycol-based fluids, and others), and geography (APAC, Europe, MEA, North America, and South America). Click Here to Get an Exclusive Free Sample Report

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Major Three Specialty Fluids Market Participants:

Baker Hughes Co.

Baker Hughes Co. operates its business through segments such as Oilfield Services, Oilfield Equipment, Turbomachinery & Process Solutions, and Digital Solutions. The company offers specialty drilling fluid.

Clariant International Ltd.

Clariant International Ltd. operates its business through segments such as Care Chemicals, Catalysis, and Natural Resources. The company offers automotive brake fluids and coolants, aircraft anticing and deicing fluids, and other products.

Compagnie de Saint-Gobain SA

Compagnie de Saint-Gobain SA operates its business through segments such as High-Performance Solutions, Northern Europe, Southern Europe, Middle East, and Africa, the Americas, and Asia-Pacific. The company offers products such as AmberGuard CS1, AmberLap S600, and others.

If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extract FREE! Get report snapshot here to get detailed market share analysis of market participants during COVID-19 lockdown: https://www.technavio.com/report/specialty-fluids-market-industry-analysis

Specialty Fluids Market 2020-2024: Segmentation

Specialty fluids market is segmented as below:

  • Application
    • Aerosols
    • Precision Cleaning
    • Coolants
    • Carrier Fluids
    • Others
  • Geography
    • APAC
    • North America
    • Europe
    • South America
    • MEA

The specialty fluids market is driven by the growing chemical industry in APAC. In addition, other factors such as rapid industrialization around the globe are expected to trigger the specialty fluids market toward witnessing a CAGR of almost 5% during the forecast period.

Get more insights about the global trends impacting the future of the specialty fluids market, Request Free Sample @ https://www.technavio.com/talk-to-us?report=IRTNTR45767

Market Drivers

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Vendor Landscape

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario

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