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Stock impact report

Global Fire Resistant Hydraulic Fluid Market is set to expand at a 3.9% CAGR by 2034 to reach US$ 2.2 billion | Future Market Insights, Inc. [Yahoo! Finance]

Quaker Houghton (KWR) 
Last quaker houghton earnings: 3/2 04:39 pm Check Earnings Report
Company Research Source: Yahoo! Finance
With increasing focus on workplace safety, adoption of these fluids is rising to mitigate fire hazards. Ongoing research is enhancing formulations for improved performance, including better thermal stability and increased fire resistance. NEWARK, Del, March 14, 2024 (GLOBE NEWSWIRE) -- The fire resistant hydraulic fluid market is anticipated to be valued at US$ 1.5 billion by 2024. The market valuation is estimated to be US$ 2.2 billion by 2034, projected at a CAGR of 3.9%. The market is witnessing significant growth driven by increasing awareness of workplace safety standards and regulations. These fluids are crucial in preventing fire hazards in hydraulic systems used across various industries, including manufacturing, construction, mining, and automotive. Stringent regulations mandating the use of fire-resistant fluids to minimize the risk of workplace accidents have propelled market growth. Technological advancements have developed advanced formulations with superior fire re Show less Read more
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