The Global Heat Transfer Fluids Market is expected to be around US$ 5 Billion by 2027 at a CAGR of 7.08% during the forecast period.
Increasing need for primary energy and growing manufacturing sector in developed countries are the major factors for the growth of heat transfer fluids market worldwide. There is an increased need to maintain temperatures in end-use industries, which can result in enhanced process effectiveness and reduced operating costs.
Europe is having the largest market share for heat transfer fluids market among other region and its accounted for more than one third of the market. Europe is expected to dominant in heat transfer fluids market throughout the forecast period.
Global Heat Transfer Fluids market is segregated on the basis of Product type as glycols, silicones & aromatics, mineral oils, and nano-fluids. Based on end user, the global Heat Transfer Fluids market is segmented in food & beverages, chemicals & processing, pharmaceuticals, oil& gas, automotive and renewable energy.
Global Heat Transfer Fluids market report provides geographic analysis covering regions such as North America, Europe, Asia Pacific, and Rest of World. The Heat Transfer Fluids market for each region is further segmented for major countries including U.S., Canada, Germany, UK, France, Italy, China, India, Japan, Brazil, South Africa and others.
Competitive Rivalry
Lanxess, DOW, Chevron are among the major players in the global Heat Transfer Fluids market share. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.
The Heat Transfer Fluids Market has been segmented as below:
Heat Transfer Fluids Market, by Product Type
Heat Transfer Fluids Market, by End User
Heat Transfer Fluids Market, By Region
The Report Covers:
Report Scope:
Global Heat Transfer Fluids market report scope includes detailed study covering underlying factors influencing the industry trends. The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies.
The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Heat Transfer Fluids market share. Major industry players with significant revenue share include BASF, Eastman, Chevron, Shell, DOW etc.
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1. Introduction
1.1. Key Points
1.2. Report Description
1.3. Markets Covered
1.4. Stakeholders
2. Research Methodology
2.1. Research Scope
2.2. Research Methodology
2.2.1. Market Research Process
2.2.2. Research Methodology
2.2.2.1. Secondary Research
2.2.2.2. Primary Research
2.2.2.3. Models for Estimation
2.3. Market Size Estimation
2.3.1. Bottom-Up Approach
2.3.2. Top-Down Approach
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Drivers
4.2.1. Improved performance of heat transfer fluids
4.2.2. Increasing number of applications
4.3. Restraints
4.3.1. Fire & explosion hazards
5. Heat Transfer Fluids Market, By Product Type
5.1. Key Points
5.2. Glycols
5.3. Silicones & Aromatics
5.4. Mineral oils
5.5. Nano-fluids
6. Heat Transfer Fluids Market, By End User
6.1. Key Points
6.2. Food & Beverages
6.3. Chemicals & Processing
6.4. Pharmaceuticals
6.5. Oil & Gas
6.6. Automotive
6.7. Renewable Energy
7. Competitive Landscape
7.1. Introduction
7.2. Recent Developments
7.2.1. Mergers &Acquisitions
7.2.2. New Product Developments
7.2.3. Portfolio/Production Capacity Expansions
7.2.4. Joint Ventures, Collaborations, Partnerships & Agreements
7.2.5. Others
8. Company Profile
8.1. BASF
8.1.1. Company Overview
8.1.2. Product/Service Landscape
8.1.3. Financial Overview
8.1.4. Recent Developments
8.2. Shell
8.2.1. Company Overview
8.2.2. Product/Service Landscape
8.2.3. Financial Overview
8.2.4. Recent Developments
8.3. Chevron
8.3.1. Company Overview
8.3.2. Product/Service Landscape
8.3.3. Financial Overview
8.3.4. Recent Developments
8.4. Lanxess
8.4.1. Company Overview
8.4.2. Product/Service Landscape
8.4.3. Financial Overview
8.4.4. Recent Developments
8.5. Eastman
8.5.1. Company Overview
8.5.2. Product/Service Landscape
8.5.3. Financial Overview
8.5.4. Recent Developments
8.6. Paratherm
8.6.1. Company Overview
8.6.2. Product/Service Landscape
8.6.3. Financial Overview
8.6.4. Recent Developments
8.7. DOW
8.7.1. Company Overview
8.7.2. Product/Service Landscape
8.7.3. Financial Overview
8.7.4. Recent Developments
The Heat Transfer Fluids Market has been segmented as below:
Heat Transfer Fluids Market, by Product Type
Heat Transfer Fluids Market, by End User
Heat Transfer Fluids Market, By Region
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