Thermic Fluids Market Size, Share, Growth Report 2032

Thermic Fluids Market

Thermic Fluids Market: by Type (Mineral Oils, Synthetic Fluids, Glycols, and Others), End-Use Industry (Chemical, Oil & Gas, Food & Beverage, Pharmaceutical, Renewable Energy, and Others): Global Industry Perspective, Comprehensive Analysis and Forecast, 2016 - 2026.

Category: Chemical & Materials Report Format : PDF Pages: 110 Report Code: ZMR-5185 Published Date: Jan-2020 Status : Published
Market Size in 2018 Market Forecast in 2026 CAGR (in %) Base Year
USD 3.54 Billion USD 5.88 Billion 8.24% 2018

The thermic fluids market size was valued USD 3.54 Billion and is expected to reach USD 5.88 Billion by 2026, growing at a CAGR of around 6.7% between 2019 and 2026. The report covers forecast and analysis for the thermic fluids market on a global and regional level. The research report presents a comprehensive valuation of the market and contains thoughtful facts, insights, historical data, statistically backed and industry-validated market figures. It also contains estimates using a right set of expectations and procedures. The study provides historic data of 2016 to 2018 along with a forecast from 2019 to 2026 based on volume (Tons) and revenue (USD Million).

Thermic Fluids MarketRequest Free Sample

Thermic Fluids Market Overview

The study contains drivers, restraints, opportunities, and challenges for the thermic fluids market along with the impact they have on the market. In order to give the users of this report a comprehensive view on the thermic fluids market, we have included competitive landscape and analysis of Porter's five forces model for the market. The report offers exhaustive analysis of macro-economic indicators, market trends, and governing factors along with market attractiveness. The report also includes the qualitative impact of various market factors on market segments and geographies.

The report provides company market share analysis in order to give a broader overview of the key players in the market. In addition, the report also covers key strategic developments of the market including acquisitions & mergers, new product type launch, agreements, partnerships, collaborations & joint ventures, research & development, and regional expansion of major participants involved in the market on a global and regional basis. Moreover, the study covers the product portfolio of various companies.

Thermic Fluids Market Segmentation

The study provides a decisive view on the thermic fluids market by segmenting the market on type, end-use industry, and regions.

In terms of type, the thermic fluids market has been segmented into mineral oils, synthetic fluids, glycols, and others. Among these, synthetic fluids segment is expected to be the fastest-growing segment because they provide maximum oxidation resistance with minimal deposits, and possess higher thermal stability, superior radiation resistance, and better durable properties compared to other types. They also provide superior lubricity at high temperatures. Based on revenue, glycol based thermal fluid segment is expected to witness strong growth over the forecast timespan. Ethylene glycol-based thermic fluids are used for the cooling & heating process as they are corrosion resistant, can be easily maintained, and have reusable property.

The Regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America and Middle East & Africa.

Thermic Fluids Market: Report Scope

Report Attributes Report Details
Report Name Thermic Fluids Market Research Report
Market Size in 2018 USD 3.54 Billion
Market Forecast in 2026 USD 5.88 Billion
Growth Rate CAGR of 6.7%
Number of Pages 214
Key Companies Covered The Dow Chemical Company, ExxonMobil, Eastman Chemical Company, Chevron, Huntsman Corporation, LANXESS, Royal Dutch Shell Plc., Schultz Canada Chemicals Ltd., Paratherm, Clariant, among others.
Segments Covered By Type, By End-Use Industry, And By Region
Regions Covered North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA)
Base Year 2018
Historical Year 2015 to 2017
Forecast Year 2019 - 2026
Customization Scope Avail customized purchase options to meet your exact research needs. Request For Customization

Thermic Fluids Market Key Players

The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global thermic fluids market. The key players operating in the global thermic fluids market are:

  • The Dow Chemical Company
  • ExxonMobil
  • Eastman Chemical Company
  • Chevron
  • Huntsman Corporation
  • LANXESS
  • Royal Dutch Shell Plc.
  • Schultz Canada Chemicals Ltd.
  • Paratherm
  • Clariant

The global thermic fluids market has been segmented as follows:

Global Thermic Fluids Market: Type Segment Analysis

  • Mineral Oils
  • Synthetic Fluids
  • Glycols
  • Others

Global Thermic Fluids Market: End-Use Industry Segment Analysis

  • Chemical
  • Oil & Gas
  • Food & Beverage
  • Pharmaceutical
  • Renewable Energy
  • Others

Global Thermic Fluids Market: Regional Segment Analysis

  • North America
    • U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East and Africa

Table Of Content

Methodology

FrequentlyAsked Questions

The global thermic fluids market accounted for USD USD 3.54 Billion in 2018 and is expected to reach USD 5.88 Billion by 2026.
 

The CAGR value of the thermic fluids market is expected to be around 6.7% during 2019-2026.
 

Some key players of the global thermic fluids market are The Dow Chemical Company, ExxonMobil, Eastman Chemical Company, Chevron, Huntsman Corporation, LANXESS, Royal Dutch Shell Plc., Schultz Canada Chemicals Ltd., Paratherm, Clariant, among others.

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