$ 824.50 Mn growth expected in Heat Transfer Fluid Market between 2021-2025 | Analysing growth in Specialty Chemicals Industry | 17,000+ Technavio Research Reports

NEW YORK, Sept. 30, 2021 /PRNewswire/ — Technavio’s latest offering, Heat Transfer Fluid Market report provides a detailed analysis on the…

NEW YORK, Sept. 30, 2021 /PRNewswire/ — Technavio’s latest offering, Heat Transfer Fluid Market report provides a detailed analysis on the competitive scenario, the pre- and post-COVID-19 impact on businesses, and the market growth across various regions.

The heat transfer fluid market is estimated to grow by USD 824.50 million during 2021-2025, growing at a CAGR of over 6%.

Market Dynamics

Factors such as the developing chemical industry in China and India and speedy industrialization in BRICS will drive the growth of the Heat Transfer Fluid Market during 2021-2025. However, fluctuating crude oil prices might hamper the market growth.

The significant growth in oil and gas manufacturing industries is expected to open multiple growth opportunities for players in the market. But the competition from substitute products might impact the business of vendors during the forecast period.

Company Profiles

Some of the companies covered in this report are BASF SE, BP Plc, Chevron Corp., Clariant International Ltd., Dow Inc., Dynalene Inc., Eastman Chemical Co., Exxon Mobil Corp., LANXESS AG, and Royal Dutch Shell Plc.

Competitive Analysis

The competitive scenario provided in the heat transfer fluid market report analyzes, evaluates, and positions companies based on various performance indicators. Some of the factors considered for this analysis include the financial performance of companies over the past few years, growth strategies, product innovations, new product launches, investments, growth in market share, etc.

Market Segmentation

  • By End-user, the heat transfer fluid market is classified into oil and gas, chemicals, CSP, food and beverage, and others. The market demand from the oil and gas segment will be significant during the forecast period
  • By Geography, the market is classified as APAC, Europe, North America, MEA, and South America. APAC will have the largest share of the market.

Related reports:

Global Hydraulic Fluids Market – Global hydraulic fluids market is segmented by application (construction machinery, mining machinery, agricultural machinery, oil and gas machinery, and others) and geography (APAC, North America, Europe, MEA, and South America).

Download Exclusive Free Sample Report

Global Thermoplastic Vulcanizates Market – Global thermoplastic vulcanizates market is segmented by end-user (automotive, fluid handling and construction, medical, and consumer goods and others) and geography (North America, APAC, Europe, MEA, and South America).

Download Exclusive Free Sample Report

Heat Transfer Fluid Market Report Coverage:

Report Coverage

Details

Base Year

2020

Year-Over-Year Growth in 2021

3.65%

Forecast Period

2021 to 2025

CAGR

Accelerating at 6.11%

Historical Data

2017 to 2021

No. of Pages

120

Exhibits

121

Incremental growth

$ 824.50 Million

Segments covered

End-user; Type; Geography

By End-user



  • Oil and gas
  • Chemicals 
  • CSP 
  • Food and Beverage 
  •  Others


By Type



  • Silicones
  • Aromatics
  • Mineral oils
  • Glycol-based fluids
  • Others


By Region




  • APAC
  • Europe
  • MEA
  • North America
  • South America

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact

Technavio Research

Jesse Maida

Media & Marketing Executive

US: +1 844 364 1100

UK: +44 203 893 3200

Email: media@technavio.com

Website: www.technavio.com/

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/-824-50-mn-growth-expected-in-heat-transfer-fluid-market-between-2021-2025–analysing-growth-in-specialty-chemicals-industry–17-000-technavio-research-reports-301388313.html

SOURCE Technavio