Global Heat Transfer Fluids Market Growth 2023-2029

Global Heat Transfer Fluids Market Growth 2023-2029

The growing demand from the chemical and oil & gas industries for energy optimization is driving the heat transfer fluids market, while fire and explosion hazards restrain demand.

LPI (LP Information)' newest research report, the “Heat Transfer Fluids Industry Forecast” looks at past sales and reviews total world Heat Transfer Fluids sales in 2022, providing a comprehensive analysis by region and market sector of projected Heat Transfer Fluids sales for 2023 through 2029. With Heat Transfer Fluids sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Heat Transfer Fluids industry.

This Insight Report provides a comprehensive analysis of the global Heat Transfer Fluids landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Heat Transfer Fluids portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Heat Transfer Fluids market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Heat Transfer Fluids and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Heat Transfer Fluids.

The global Heat Transfer Fluids market size is projected to grow from US$ 2678.4 million in 2022 to US$ 3895.7 million in 2029; it is expected to grow at a CAGR of 3895.7 from 2023 to 2029.

Among types, the market for silicones & aromatics based heat transfer fluids is projected to grow at the highest CAGR from 2017 to 2022.

This report presents a comprehensive overview, market shares, and growth opportunities of Heat Transfer Fluids market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Mineral Oils
Silicones & Aromatics
Glycols

Segmentation by application
Chemical Processing
Oil & Gas
Automotive
Renewable Energy
Pharmaceuticals
Food & Beverage

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
DOW
Eastman
Exxonmobil
Chevron
Paratherm
BASF
Lanxess
Huntsman
Global Heat Transfer
Shell
Schultz Chemicals
Duratherm
Dynalene
Clariant
FRAGOL

Key Questions Addressed in this Report

What is the 10-year outlook for the global Heat Transfer Fluids market?

What factors are driving Heat Transfer Fluids market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Heat Transfer Fluids market opportunities vary by end market size?

How does Heat Transfer Fluids break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.