Heat Transfer market

Heat Transfer Fluids Market Set to Exceed USD 4.56 Billion by 2026 | CAGR 7.1%

Forecast to 2020

Heat Transfer Fluids Market Size to Reach 4.56 Billion by 2026

“Heat Transfer Fluids Market [By Product Type (Silicones & Aromatics, Glycols, Mineral Oils, Others); By End-Use (Chemical Processing, Oil & Gas , Renewable Energy, Food Processing & Packaging , Pharmaceuticals and Others); By Regions]: Market size & Forecast, 2017 – 2026” According to a new study published by Polaris Market Research the global heat transfer fluids market is anticipated to reach USD 4.56 billion by 2026. Rising demand for a wide range of heat transfer fluids from an assortment of industrial sectors is expected to drive the market over the next decade.

The industrial trends of these products show that the highest increase in demand has been from the diverse manufacturing base globally and it tends to grow with increase in the expansion of it.

These fluids are eutectic mixtures that contain two stable compounds. These products practically have identical vapor pressures, so that the mixture or composition can be managed as a solitary compound. These types of fluids are mainly used in those systems that employ either liquid vapor phase heating. These products are stable and are readily not decomposable at high temperatures.

These fluids are used effectively either in vapor or liquid phase systems. Their low viscosity that remains throughout the operating range eventually results in an efficient transfer of heat; start-up and also problems related to pumping are minimized. These fluids are noncorrosive to normal alloys and metals. The functional qualities of these products are expected to boost demand over the forecast period.

Browse Detailed Research Report On Heat Transfer Fluids Market Analysis: https://www.polarismarketresearch.com/industry-analysis/heat-transfer-fluids-market Nanofluid has emerged as a novel type for heat transfer medium. It contains nanoparticles (around 1–100 nm) that are stably and uniformly distributed in the base fluid. These nanoparticles that remain distributed, generally in a metal oxide or metal significantly enhance the nanofluid’s thermal conductivity. It increases the convection coefficients and conduction that allows for additional heat transfer nanofluids to be applicable for applications such as the advanced heat transfer fluids.

However, owing to a wide variety and complexity of these nanofluid systems, no such agreement is yet achieved on its magnitude of the potential benefits of applying nanofluids for the heat transfer systems applications. Compared to the conventional suspensions of solid–liquid for heat/thermal transfer intensifications, nanofluids with properly dispersed nanoparticles come with several other advantages. Hence, with such advantages and advancements in raw materials for manufacturing heat transfer fluids, demand for these products are expected to increase further in the near future.

Asia Pacific Heat Transfer Fluids Market is expected to account for the maximum demand for these products in the next eight years. With increasing industrialization in the region especially in Japan, -2-

Heat Transfer Fluids Market Size to Reach 4.56 Billion by 2026

India, Korea and even Australia demand for these products are anticipated to grow even higher.

Europe was also a potential market in terms of consumption, but the industry has been experiencing a sluggish growth since few years and the region is primarily dependent on import of these products.

Consumption of these products have been increasing slightly on a yearly basis.

The few of the leading industry participants currently operating in a worldwide scale include Dalian Richfortune Chemicals, Hindustan Petroleum Corporation Ltd., Lytron Inc., Honeywell International, Radco Industries, Arkema, Phillips 66, Bharat Petroleum, Indian Oil, Zhongneng Chemical and Huntsman, Dow Chemicals, Paratherm, Schultz Chemicals, Dynalene, Inc. and Therminol.

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Table of Contents 1. Overview and Scope 1.1. Research goal & scope 1.2. Research assumptions 1.3. Research Methodology 1.3.1. Primary data sources 1.3.2. Secondary data sources 1.4. Key take-away 1.5. Stakeholders 2. Executive Summary 2.1. Market Definition 2.2. Market Segmentation 3. Heat Transfer Fluids Market Insights 3.1. Heat Transfer Fluids– Industry snapshot 3.2. Heat Transfer Fluids -Ecosystem analysis 3.3. Heat Transfer Fluids market dynamics 3.3.1. Heat Transfer Fluids– Market Forces 3.3.1.1.

Heat Transfer Fluids Market driver analysis

3.3.1.2.

Heat Transfer Fluids Market restraint/challenges analysis

3.3.1.3.

Heat Transfer Fluids Market opportunity analysis

3.3.2. Industry analysis - Porter's five force 3.3.2.1.

Bargaining power of supplier

3.3.2.2.

Bargaining power of buyer -3-

Heat Transfer Fluids Market Size to Reach 4.56 Billion by 2026

3.3.2.3.

Threat of substitute

3.3.2.4.

Threat of new entrant

3.3.2.5.

Degree of competition

3.3.3. Heat Transfer Fluids market PEST analysis, 2017 3.3.4. Heat Transfer Fluids market Value Chain analysis 3.3.5. Heat Transfer Fluids Industry trends 3.3.6. Competitive Ranking Analysis 4. Heat Transfer Fluids Market Size and Forecast by Product Type 4.1. Key Findings 4.2. Silicones & Aromatics 4.2.1. Global Market Estimates and Forecasts, 2017-2026 4.3. Glycols 4.3.1. Global Market Estimates and Forecasts, 2017-2026 4.4. Mineral Oils 4.4.1. Global Market Estimates and Forecasts, 2017-2026 4.4.2. Others 4.4.2.1.

Global Market Estimates and Forecasts, 2017-2026

5. Heat Transfer Fluids Market Size and Forecast by End-Use 5.1. Key Findings 5.2. Chemical Processing 5.2.1. Global Market Estimates and Forecasts, 2017-2026 5.3. Oil & Gas 5.3.1. Global Market Estimates and Forecasts, 2017-2026 5.4. Renewable Energy 5.4.1. Global Market Estimates and Forecasts, 2017-2026 5.5. Food Processing & Packaging 5.5.1. Global Market Estimates and Forecasts, 2017-2026 5.6. Pharmaceuticals 5.6.1. Global Market Estimates and Forecasts, 2017-2026 5.7. Others 5.7.1. Global Market Estimates and Forecasts, 2017-2026 6. Heat Transfer Fluids Market Size and Forecast by Regions 6.1. Key findings 6.2. North America 6.2.1. Heat Transfer Fluids market by product type, 2017 - 2026 -4-

Heat Transfer Fluids Market Size to Reach 4.56 Billion by 2026

6.2.2. Heat Transfer Fluids market by end-use type, 2017 - 2026 6.2.3. U.S. 6.2.3.1.

Heat Transfer Fluids market by product type, 2017 - 2026

6.2.3.2.

Heat Transfer Fluids market by end-use type, 2017 - 2026

6.2.4. Canada 6.2.4.1.

Heat Transfer Fluids market by product type, 2017 - 2026

6.2.4.2.

Heat Transfer Fluids market by end-use type, 2017 - 2026

6.3. Europe 6.3.1. Heat Transfer Fluids market by product type, 2017 - 2026 6.3.2. Heat Transfer Fluids market by end-use type, 2017 - 2026 6.3.3. Germany 6.3.3.1.

Heat Transfer Fluids market by product type, 2017 - 2026

6.3.3.2.

Heat Transfer Fluids market by end-use type, 2017 - 2026

6.3.4. UK 6.3.4.1.

Heat Transfer Fluids market by product type, 2017 - 2026

6.3.4.2.

Heat Transfer Fluids market by end-use type, 2017 - 2026

6.3.5. France 6.3.5.1.

Heat Transfer Fluids market by product type, 2017 - 2026

6.3.5.2.

Heat Transfer Fluids market by end-use type, 2017 - 2026

6.4. Asia Pacific 6.4.1. Heat Transfer Fluids market by product type, 2017 - 2026 6.4.2. Heat Transfer Fluids market by end-use type, 2017 - 2026 6.4.3. China 6.4.3.1.

Heat Transfer Fluids market by product type, 2017 - 2026

6.4.3.2.

Heat Transfer Fluids market by end-use type, 2017 - 2026

6.4.4. India 6.4.4.1.

Heat Transfer Fluids market by product type, 2017 - 2026

6.4.4.2.

Heat Transfer Fluids market by end-use type, 2017 - 2026

6.4.5. Japan 6.4.5.1.

Heat Transfer Fluids market by product type, 2017 - 2026

6.4.5.2.

Heat Transfer Fluids market by end-use type, 2017 - 2026

6.5. Latin America 6.5.1. Heat Transfer Fluids market by product type, 2017 - 2026 6.5.2. Heat Transfer Fluids market by end-use type, 2017 - 2026 6.5.3. Brazil -5-

Heat Transfer Fluids Market Size to Reach 4.56 Billion by 2026

6.5.3.1.

Heat Transfer Fluids market by product type, 2017 - 2026

6.5.3.2.

Heat Transfer Fluids market by end-use type, 2017 - 2026

6.5.4. Mexico 6.5.4.1.

Heat Transfer Fluids market by product type, 2017 - 2026

6.5.4.2.

Heat Transfer Fluids market by end-use type, 2017 - 2026

6.6. Middle East & Africa 6.6.1. Heat Transfer Fluids market by product type, 2017 - 2026 6.6.2. Heat Transfer Fluids market by end-use type, 2017 - 2026 7. Company Profiles 7.1. Dalian Richfortune Chemicals 7.1.1. Overview 7.1.2. Financials 7.1.3. Product Benchmarking 7.1.4. Recent Developments 7.2. Hindustan Petroleum Corporation Ltd. 7.2.1. Overview 7.2.2. Financials 7.2.3. Product Benchmarking 7.2.4. Recent Developments 7.3. Lytron Inc. 7.3.1. Overview 7.3.2. Financials 7.3.3. Product Benchmarking 7.3.4. Recent Developments 7.4. Honeywell International 7.4.1. Overview 7.4.2. Financials 7.4.3. Product Benchmarking 7.4.4. Recent Developments 7.5. Radco Industries 7.5.1. Overview 7.5.2. Financials 7.5.3. Product Benchmarking 7.5.4. Recent Developments 7.6. Arkema -6-

Heat Transfer Fluids Market Size to Reach 4.56 Billion by 2026

7.6.1. Overview 7.6.2. Financials 7.6.3. Product Benchmarking 7.6.4. Recent Developments 7.7. Phillips 66 7.7.1. Overview 7.7.2. Financials 7.7.3. Product Benchmarking 7.7.4. Recent Developments 7.8. Bharat Petroleum 7.8.1. Overview 7.8.2. Financials 7.8.3. Product Benchmarking 7.8.4. Recent Developments 7.9. Indian Oil 7.9.1. Overview 7.9.2. Financials 7.9.3. Product Benchmarking 7.9.4. Recent Developments 7.10.

Zhongneng Chemical

7.10.1. Overview 7.10.2. Financials 7.10.3. Product Benchmarking 7.10.4. Recent Developments Access Press Release on Heat Transfer Fluids market: https://www.polarismarketresearch.com/press-releases/heat-transfer-fluids-market About Polaris Market Research Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world. We strive to provide our customers with updated information on innovative technologies, high growth markets, emerging business environments and latest business-centric applications, thereby helping them always to make -7-

Heat Transfer Fluids Market Size to Reach 4.56 Billion by 2026

informed decisions and leverage new opportunities. Adept with a highly competent, experienced and extremely qualified team of experts comprising SMEs, analysts and consultants, we at Polaris endeavor to deliver value-added business solutions to our customers.

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