Heat Transfer Fluids Market
Earlier in 2016, glycol heat transfer fluids market was valued at USD 310 million. The product is renowned for its antifreeze and high thermal stability characteristic. Besides, glycol-based.
Heat transfer fluids market. Global Heat Transfer Fluids Market By Type (Mineral Oils, Silicones & Aromatics, and Glycols), By Application (Chemical Processing, Oil & Gas, Automotive, Renewable Energy, Pharmaceuticals, and Food & Beverage), By Region, and Key Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2019-2028 The heat transfer fluids market is classified based on the product type into mineral oils based products, PAG and glycol based products, and silicone and aromatics based products. Based on applications they are segmented into concentrating solar power, chemical industries, oil and gas industry, plastics, manufacturing processes, pharmaceuticals. 8 Heat Transfer Fluids Market, by End-use Industry 8.1 Introduction 8.2 Chemical 8.3 Oil & Gas 8.4 Automotive 8.5 Renewable Energy 8.6 Pharmaceutical 8.7 Food & Beverage 8.8 HVACR 8.9 Others The global heat transfer fluids market size was estimated at USD 10.5 billion in 2019 and is anticipated to exhibit a CAGR of 4.9% from 2020 to 2027. Rapid adoption of concentrated solar power globally is one of the major factors driving demand
Global Heat Transfer Fluids Market to Reach $4. 3 Billion by 2027. Amid the COVID-19 crisis, the global market for Heat Transfer Fluids estimated at US$2. 9 Billion in the year 2020, is projected. Heat Transfer Fluids Market worth $4.9 billion by 2025 Heat Transfer Fluids Market research report categorizes the global market by Type, End-use Industry (Chemical, Oil & Gas, Automotive. Heat Transfer Fluids Market Report Delivering Growth Analysis with Key Trends of Top Companies (2020-2026) A comprehensive research study on the Heat Transfer Fluids Market was recently published by Market Report Expert. This is an up-to-date report, covering the current COVID-19 impact on the market. The Global Heat Transfer Fluids Market is expected to be around US$ 4.50 Billion by 2025 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.
CHICAGO, Aug. 12, 2020 /PRNewswire/ -- According to the new market research report "Heat Transfer Fluids Market by Type (Mineral Oils, Synthetic Fluids, And Glycols), End-Use Industry (Chemical, Oil & Gas, Automotive, Renewable Energy, Pharmaceuticals, Food & Beverage, And HVACR), And Region – Global Forecast To 2025", published by MarketsandMarkets™, the Heat Transfer Fluids Market size. The Global Heat Transfer Fluids (HTF) Market size accounted for 714 kilotons in 2020 and is estimated to reach 1,024 kilotons in 2025 at an annual growth rate of 7.5% during the forecast period of 2020 - 2025. Regions analysed in the report are north america, latin america, europe, asia pacific, middle east & africa. The heat transfer fluids (HTFs) market size is expected to grow from USD 3.2 billion in 2019 to USD 5.0 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 9.3% during the forecast period. The major driving factors for the market are high demand from chemical industry, improved performance of HTFs, and increasing need for energy. The report on Heat Transfer Fluids and Coolants Market offers in-depth analysis of market trends, drivers, restraints, opportunities etc. Along with qualitative information, this report includes the quantitative analysis of various segments in terms of market share, growth, opportunity analysis, market value, etc. for the forecast years.
Global Heat Transfer Fluids Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2028 is a recent report generated by Trusted Business Insights. The global heat transfer fluids market report has been segmented on the basis of product type, end use industry, and region. Request Covid – 19 Impact The Heat Transfer Fluids market in the U.S. is estimated at US$783.9 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$893.1. The global heat transfer fluids (HTFs) market size is expected to grow from USD 3.1 billion in 2020 to USD 4.9 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 9.9% during the forecast period. The HTFs market is driven by various factors, such as high demand from the chemical industry, growing CSP industry, and improved performance. The "Heat Transfer Fluids Market by Type (Mineral Oils, Synthetic Fluids, Glycols, and Others), End-use Industry (Chemical, Oil & Gas, Automotive, Renewable Energy, Pharmaceutical, Food & Beverage, HVACR, and Others) - Global Forecast to 2025" report has been added to ResearchAndMarkets.com
The MarketWatch News Department was not involved in the creation of this content. Aug 25, 2020 (CDN Newswire via Comtex) -- The market research study on Global Heat Transfer Fluids Market 2020 by. According to this study, over the next five years the Heat Transfer Fluids market will register a 5.5%% CAGR in terms of revenue, the global market size will reach $ 3232.5 million by 2025, from. The Heat Transfer Fluids Market research report analyses the industry trends, key drivers and restraints, future opportunities, applications, and growth factors involved in the Heat Transfer Fluids market. The Heat Transfer Fluids market delivers value to customers through reliable market size for 2019 on the basis of demand and price analysis. The global Heat Transfer Fluids Market was valued at 10.5 billion US dollars in 2019 that is expected to reach 15.3 billion US dollars by 2027 with a compound annual growth rate of 4.9% during the.
8 Heat Transfer Fluids Market, by End-use Industry 8.1 Introduction 8.2 Chemical 8.3 Oil & Gas 8.4 Automotive 8.5 Renewable Energy 8.6 Pharmaceutical 8.7 Food & Beverage 8.8 HVACR 8.9 Others