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Global Heat Transfer Fluids Market Competitive Analysis to 2026: Exxon Mobil Corporation, The Dow Chemical Company, Chevron Corporation , BASF SE , Paratherm ., Huntsman International LLC. , LANXESS ,  Housto

Global Heat Transfer Fluids Market is expected to rise from its initial estimated value of USD 2.43 billion in 2018 to an estimated value of USD 3.96 billion by 2026, registering a CAGR of 6.3% in the forecast period of 2019-2026. This rise in demand for heat transfer fluids in oil & gas, chemical processing, and automotive industries is attributing towards its increase in growth of the market.

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Key Market Competitors:

Few of the major competitors currently working in  heat transfer fluids market are Exxon Mobil Corporation, The Dow Chemical Company, Chevron Corporation , BASF SE , Paratherm ., Huntsman International LLC. , LANXESS ,  Houston Global Heat Transfer, LLC , Phillips 66 Company , Royal Dutch Shell PLC, ARKEMA ,Radco Industries, Inc.,  and Schultz .

Key Developments in the Market:

  • In June 2018, Paratherm participated in the exhibition at ILTA held in Texas, United States. It represented its trade mark product of heat transfer fluids and it helped reaching the product to larger customers coming from all around the world.
  • In September 2017, Chemical Processing launched its four new Globaltherm products. The product can operate in wide temperature range and applicable for pharmaceutical and plastic processing industries.

Market Drivers:

  • High demand for heat transfer fluid in asphalt industries is leading to the growth of the market.
  • Increasing demand of energy driven by the renewable sources is raising the growth of the heat transfer fluid market.

Market Restraints:

  • Government regulation is a major restrain for the growth of the heat transfer fluids
  • Fire and explosion hazards is restraining the demand for heat transfer fluids

Competitive Analysis:

The global heat transfer fluids market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of heat transfer fluids market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

Table of Contents:

  1. Executive Summary
  2. Scope/opportunities of the Report
  3. Research Methodology
  4. Market Landscape
  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis
  1. Pipeline Analysis
  • Pipeline analysis
  1. Market Sizing
  • Market definition
  • Market sizing
  • Market size and forecast

Porter’s Five Forces Analysis

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation

  • Segmentation
  • Comparison
  • Market opportunity

Customer Landscape

Regional Landscape

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Market Segmentation:

  • By Product
    • Silicone & Aromatics
    • Mineral Oils
    • Glycol-Based Fluids
    • Others
  • By Application
    • Oil & Gas
    • Chemical
    • Concentrated Solar Power (CSP)
    • Food & Beverages
    • Plastics
    • Pharmaceuticals
    • Heating, Ventilating & Air Conditioning (HVAC)
    • Others
  • By Geography
    • North America
      • Canada
      • Mexico
    • South America
      • Brazil
      • Argentina
      • Rest of South America
    • Europe
      • Germany
      • France
      • United Kingdom
      • Italy
      • Spain
      • Russia
      • Turkey
      • Belgium
      • Netherlands
      • Rest of Europe
    • Asia-Pacific
      • Japan
      • China
      • South Korea
      • India
      • Australia
      • Singapore
      • Malaysia
      • Indonesia
      • Thailand
      • Philippines
      • Rest of Asia-Pacific
    • Middle East and Africa
      • South Africa
      • Egypt
      • Saudi Arabia
      • United Arab Emirates
      • Israel
      • Rest of Middle East and Africa

Research Methodology: 

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request an Analyst Call or drop down your enquiry.

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