The global heat transfer fluids market is projected to register growth at a formidable rate during the forecast period. The market growth can be attributed to the growing applications of heat transfer fluids, especially in the chemical manufacturing and processing industries. In addition, the ability of heat transfer fluids to resist viscosity and showcase anti-freezing properties at ultra-low temperatures are catalyzing its applications across various end-user industries such as automotive, oil & gas, food & beverages, energy & resources, consumer goods, electronics, health & nutrition, and various others. Rising demand for heat transfer fluids to set up solar power plants across the globe as the government authorities are increasingly investing for clean energy transition is anticipated to fuel the demand for the global heat fluid market. Surge in oil & gas exploration activities across the globe, and rapid industrialization and urbanization are further supporting the growth of the global heat transfer fluid market. In addition, environmental safety regulations and adoption of energy transfer devices are adding to the growth of the market.
The global heat transfer fluid market is segmented on the basis of type, end use industry, region, and company. Based on the type, the market is further divided into
The global heat transfer fluids market is controlled by these major players, namely– DowDuPont (US), Eastman Chemical Company (US), Exxon Mobil Corporation (US), Shell (Netherlands), etc.
Objective of the Study
- To outline, classify and estimate the global heat transfer fluids market on the basis of type, end use industry and regional distribution.
- To study and forecast the global market size of the heat transfer fluids, in terms of value and volume.
- To understand the regional market structure of heat transfer fluids market, the global heat transfer fluids market is segmented in five regions, namely – Asia-Pacific, North America, Europe, Middle East & Africa and South America and forecast the market size, in terms of value and volume.
- To identify the detailed information about the prime factors affecting the global heat transfer fluids market.
- To evaluate competitor pricing, average market selling prices and margins in the global heat transfer fluids market.
- To examine competitive developments such as expansions, new entrants in the global heat transfer fluids market.
- To strategically profile the leading players in the market which are involved in the manufacturing and supply of heat transfer fluids worldwide.
Click here to download the sample
Market insights research performed both primary as well as exhaustive secondary research for this study. Initially, Market insights research sourced a list of leading Heat Transfer Fluids manufacturers across the globe. Subsequently, Market insights research conducted primary research surveys with the identified companies. While interviewing, the company personnel were also enquired about their key products, manufacturing plant location, prices of products and competitors. Through this technique, Market insights research was able to include the manufacturers which could not be identified due to the limitations of secondary research. Market insights research analyzed the types, end user industries, distribution network and regional presence of all major Heat Transfer Fluids manufacturers across the globe.
Market insights research calculated the market size for Global Heat Transfer Fluids using a bottom-up approach, where manufacturers’ value sales data for standard types (Silicones & Aromatics, Mineral Oils, Glycols and Others) were recorded and forecast for the future years. Market insights research sourced these values from industry experts and company representatives and externally validated through analyzing historical sales data of respective manufacturers to arrive at the overall market size. Various secondary sources, secondary sources directories, databases, company annual reports, white papers, investor presentations and financial reports were also used by the Market insights research.
Key Target Audience
- Heat transfer fluids manufacturers and suppliers
- Research organizations and consulting companies
- Trade Associations, organizations, forums and alliances related to Heat Transfer Fluids
- Government bodies such as regulating authorities and policy makers
- Industry associations
- Market research and consulting firm
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as Heat Transfer Fluids manufacturers, distributors and dealers, customers and policy makers about which market segments should be targeted over the coming years (next two to five years) in order to strategize investments and capitalize on the growth of the market segment.
| Attribute | Details |
| Base Year | 2021 |
| Historical Years | 2017 – 2020 |
| Estimated Year | 2022 |
| Forecast Period | 2023 – 2027 |
| Quantitative Units | Revenue in USD Million, Volume in Units, and CAGR for 2017-2021 and 2022-2027 |
| Report Coverage | Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends |
| Segments Covered | · Type · End Use Industry |
| Regional Scope | North America; Asia Pacific; Europe & CIS; South America; Middle East & Africa |
| Country Scope | United States; Canada; Mexico; China; India; Japan; South Korea; Indonesia; Germany; France; United Kingdom; Italy; Spain; Brazil; Argentina; Colombia; Saudi Arabia; UAE; South Africa; Iran |
| Key Companies Profiled | DowDuPont (US), Eastman Chemical Company (US), Exxon Mobil Corporation (US), Shell (Netherlands). |
| Customization Scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
| Pricing and Purchase Options | Avail customized purchase options to meet your exact research needs. Explore purchase options |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
