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The thermic fluid market is forecasted to grow by USD 1.02 billion during 2023-2028, accelerating at a CAGR of 7.08% during the forecast period. The report on the thermic fluid market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growth of concentrated solar power industry, improved performance of heat transfer fluids (HTFs), and rise in demand from oil and gas industry.
The thermic fluid market is segmented as below:
By End-user
- Oil and gas
- Chemicals
- Concentrated solar power
- Food and beverages
- Others
By Geographical Landscape
- APAC
- Europe
- North America
- Middle East and Africa
- South America
The report on the thermic fluid market covers the following areas:
- Thermic fluid market sizing
- Thermic fluid market forecast
- Thermic fluid market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by End-user
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Opportunity/Restraints
10 Competitive Landscape
11 Competitive Analysis
12 Appendix
360 degree market analysis
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global thermic fluid market: Apar Industries Ltd., Arteco Coolants, BASF SE, Bharat Petroleum Corp. Ltd., Dow Chemical Co., DuBois Chemicals Inc., Duratherm Extended Life Fluids, Dynalene Inc., Eastman Chemical Co., Exxon Mobil Corp., Generation Four Engitech Ltd., Globaltherm Lube Pvt. Ltd., Lubrex FZC, Multitherm LLC, Oil and Natural Gas Corp. Ltd., Peter Huber Kaltemaschinenbau AG, Shell plc, Schultz Canada Chemicals Ltd., The Lubrizol Corp., and Venlub Petro Products Pvt. Ltd..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is increasing demand for energy conservation."
According to the report, one of the major drivers for this market is the growth of concentrated solar power industry.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Apar Industries Ltd.
- Arteco Coolants
- BASF SE
- Bharat Petroleum Corp. Ltd.
- Dow Chemical Co.
- DuBois Chemicals Inc.
- Duratherm Extended Life Fluids
- Dynalene Inc.
- Eastman Chemical Co.
- Exxon Mobil Corp.
- Generation Four Engitech Ltd.
- Globaltherm Lube Pvt. Ltd.
- Lubrex FZC
- Multitherm LLC
- Oil and Natural Gas Corp. Ltd.
- Peter Huber Kaltemaschinenbau AG
- Shell plc
- Schultz Canada Chemicals Ltd.
- The Lubrizol Corp.
- Venlub Petro Products Pvt. Ltd.
