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Heat transfer fluid market size to hit $2.87 billion by 2021 published by leading research firm

Heat transfer fluid market size to hit $2.87 billion by 2021 published by leading research firm

The Global Heat Transfer Fluid market - global Industry Overview, market size, trends, share, manufacturers outlook to 2021 is a professional Heat Transfer Fluid Market study provides Heat Transfer Fluid Market Price, Size, Drivers, Challenges, Major trends, Key Manufactures, and value chain Analysis. The Heat Transfer Fluid market size is projected to reach USD 697.5 million by 2021, from USD 509.4 million in 2014, registering a CAGR of 5.40% between 2016 and 2021.

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Heat Transfer Fluid Market report provides a basic overview of the industry including definitions, classifications, applications and industry chain structure. The Heat Transfer Fluid Market analysis is provided for the international markets including development trends, competitive landscape analysis, and key regions development status.

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Heat Transfer Fluid manufacturers discussed in report:  ExxonMobil Corporation (U.S.), The Dow Chemical Company (U.S.), BASF SE (Germany), Huntsman Corporation (U.S.), and Global Heat Transfer (U.K.), Indian Oil Corporation Ltd. (India), Huntsman Corporation (U.S.), Bharat Petroleum Corporation Ltd.

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(India), Hindustan Petroleum Corporation Ltd. (India), and Global Heat Transfer (U.K.).

In this part, the report presents the company profile, product specifications, capacity, production value, and market shares for each company from 2016 to 2021.  Heat Transfer Fluid Market Analysis explores Heat Transfer Fluid market by Type (Mineral oils, Silicone & Aromatics , and PAG & Glycol-based Fluids), Application (Oil & Gas, Chemical, Concentrated Solar Power, Manufacturing Process, Pharmaceuticals, Biodiesel Production, and Others), and Region - Global Trends & Forecasts to 2021.

Geographically this report split global into several key Regions, with sales (K Units), revenue (Million USD), growth rate, and market share of Heat Transfer Fluid for these regions, from 2012 to 2021 (forecast) across globe.

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Increasing investments in concentrated solar power, chemical, and oil & gas industries is driving the demand of heat transfer fluids. Currently, the penetration of heat transfer fluids is increasing in concentrating solar power and oil & gas industry at a very high pace around the globe.

The increasing demand of heat transfer fluids in all the sectors is due to emerging application in concentrating solar power industry and continuous industrial expansions in the Asia-Pacific region.

Concentrated Solar Power (CSP) application is estimated to register the highest CAGR between 2016 and 2021. The high growth is attributed to the growing demand for power and increased government investments in power projects resulting in installation of CSP systems.

In 2016, the concentrated solar power segment accounted for the fourth largest market share among all applications, in terms of value, followed by pharmaceuticals, bio-diesel production, and other application.

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In 2016, Asia-Pacific is estimated to have been the largest heat transfer fluids market in terms of value. It is estimated to retain the market leadership in the next five years.

China and India are the two major markets of heat transfer fluids in Asia-Pacific. The Chinese chemical industry has the largest share in Asia-Pacific resulting in an increased growth of market.

Moreover, a high growth in the manufacturing processes and concentrated solar power industry, and energy-saving policies are likely to drive the demand for heat transfer fluids in both China and India.

In the process of determining and verifying the market size for several segments and sub segments gathered through secondary research, extensive primary interviews were conducted.

The break-up of primary interviews is given below.

  • By Company Type - Tier 1 - 33%, Tier 2 – 60% and Others - 7%
  • By Designation - C level - 56%, Director level - 33%, Others - 11%
  • By Region - North America - 13%, Western Europe - 34%, Central & Estern Europe – 13%, Asia-Pacific - 20%, Middle East & Africa – 13% and Latin America – 7%

The report will help the market leaders/new entrants in this market in the following ways:

  • This report segments the heat transfer fluids market comprehensively and provides the closest approximations of the revenue numbers for the overall market and the subsegments across different verticals and regions.
  • The report helps the stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.
  • This report will help stakeholders understand the competitors and gain more insights to improve their position in the business. The competitive landscape section includes new product developments, expansions, agreements & contracts, and new technology developments.
  • The bottom-up approach was used to estimate the Global market size of Heat Transfer Fluid Market based on end-use industry and region, in terms of value. Report focuses on Global major leading Heat Transfer Fluid industry players with information such as company profiles, product picture and specifications, sales, market share and contact information. What’s more, the Heat Transfer Fluid Market industry development trends and marketing channels are analyzed.

The research provides you-

  • Global Heat Transfer Fluid Competition by Players/Suppliers, Type and Application
  • Global Heat Transfer Fluid Sales Market Report 2016
  • Global Heat Transfer Fluid Players/Suppliers Profiles and Sales Data
  • Heat Transfer Fluid Manufacturing Cost Analysis
  • Global Heat Transfer Fluid Market Forecast (2016-2021)
  • Heat Transfer Fluid market size and the growth rate in 2021.
  • Report provides trending factors influencing the Heat Transfer Fluid market shares of the North America, China, Europe, Southeast Asia, Japan, and India.
  • Report includes global Heat Transfer Fluid Market trends impacting the growth of Heat Transfer Fluid Industry.
  • Heat Transfer Fluid market opportunities and challenges from 2016 to 2021.

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