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Heat Transfer Fluids Market Provides Comprehensive Understanding Of The Market

Europe was the largest market for heat transfer fluids in 2015, with a share of about 33.6%, in terms of HTFs consumption. Asia-Pacific is anticipated to be the fastest growing market for HTFs. The Asia-Pacific market is anticipated to reach ,002.6 million by 2021, growing at a CAGR of 8.8% during the forecast period. The major reason behind the growth of the heat transfer fluids market in the region is the growth in intensity of manufacturing industry in India, Malaysia, Vietnam, Indonesia, and Thailand.

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Heat Transfer Fluids Market Provides Comprehensive Understanding Of The Market

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  1. Heat Transfer Fluids Heat Transfer Fluids Mar Marke ket t Dental Adhesives and Sealants Market Analysis with Key Players, Applications, Trends and Forecasts by 2024 frf

  2. Heat Transfer Fluids Market Analysis, Growth Opportunities and Recent Trends by Leading Manufacturers & Regions The factors driving the growth of the global market include growing chemical, petrochemical, and HVAC industries; expanding CSP activity in North America and Europe, and relatively higher replacement rates of synthetic aromatic HTFs. The key trend witnessed in the global market is the continuous effort to enhance the performance of HTFs. Although the HTF market is a mature industry with well-proven technology, it is evolving in order to meet the ever-changing demands of industrial processes and the environments in which they have to work. HTF manufacturing companies have introduced new variations that make them extremely efficient and long lasting. 2 © P&S Intelligence. All rights reserved

  3. Heat Transfer Fluids Market Analysis, Growth Opportunities and Recent Trends by Leading Manufacturers & Regions These variations are in form of additives that help to enhance one or more specific properties of HTFs, such as enhanced operating temperature range, less degradation on higher temperatures, fouling resistance, and corrosion resistance. Europe was the largest market for heat transfer fluids in 2015, with a share of about 33.6%, in terms of HTFs consumption. Asia-Pacific is anticipated to be the fastest growing market for HTFs. The Asia-Pacific market is anticipated to reach $1,002.6 million by 2021, growing at a CAGR of 8.8% during the forecast period. The major reason behind the growth of the heat transfer fluids market in the region is the growth in intensity of manufacturing industry in India, Malaysia, Vietnam, Indonesia, and Thailand. GLOBAL HEAT TRANSFER FLUIDS MARKET SEGMENTATION By Type •Mineral Oils •Aromatics & Silicone •Glycols •Others By End-User •Oil & Gas •Concentrating Solar Power (CSP) •Chemical Industry •Manufacturing Processes •Bio-Diesel Production •Others 3 © P&S Intelligence. All rights reserved

  4. Heat Transfer Fluids Market Analysis, Growth Opportunities and Recent Trends by Leading Manufacturers & Regions GEOGRAPHICAL SEGMENTATION By Region •North America oU.S. oCanada oMexico •Europe oGermany oFrance oItaly oU.K. oRest of Europe •Asia-Pacific oChina oJapan oIndia oSouth Korea oRest of Asia-Pacific •Rest of the World oUAE oSaudi Arabia oBrazil oOthers 4 © P&S Intelligence. All rights reserved

  5. Heat Transfer Fluids Market Analysis, Growth Opportunities and Recent Trends by Leading Manufacturers & Regions Among the various HTF types, the aromatics & silicone segment is estimated to hold the largest share in the global HTFs market in terms of value in 2015; and it is also anticipated to witness the highest growth at 7.6% CAGR during the forecast period. Based on end-user, the oil & gas industry (the largest end-user segment in the global market) was estimated to consume 131.4 kilotons of HTFs in 2015. The HTFs consumption in the oil & gas industry is anticipated to reach 181.5 kilotons by 2021, growing at a CAGR of 5.5% during 2016 – 2021. Some of the major players operating in the global heat transfer fluids market are Honeywell International Inc., Exxon Mobil Corporation, Chevron Corporation, BASF SE, Bharat Petroleum Corporation Limited, The Dow Chemical Company, Hindustan Petroleum Corporation Limited, ConocoPhillips, Indian Oil Corporation Ltd., and Huntsman Corporation. 5 © P&S Intelligence. All rights reserved

  6. Heat Transfer Fluids Market Analysis, Growth Opportunities and Recent Trends by Leading Manufacturers & Regions About P&S Intelligence P&S Intelligence is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world. Providing the plinth of market intelligence, P&S as an enterprising research and consulting company, believes in providing thorough landscape analyses on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness. Contact: P&S Intelligence Toll-free: +1-888-778-7886 (USA/Canada) International: +1-347-960-6455 Email: enquiry@psmarketresearch.com Web: https://www.psmarketresearch.com 6 © P&S Intelligence. All rights reserved

  7. Heat Transfer Fluids Market Analysis, Growth Opportunities and Recent Trends by Leading Manufacturers & Regions Disclaimer: P&S Intelligence always keeps customers interest at the core while carrying out research activities. P&S Intelligence ensures the reliability and accuracy of information and data provided in its market research publications. However, the information in publications is subject to fluctuations as they are based on primary interviews of officials from various companies or organizations. P&S Intelligence is not responsible for any incorrect data provided to us by the key industry players of the concerned domain. The information or analysis in P&S Intelligence publications represents opinion based on research and should not be interpreted as statements of fact. The information in this report were believed to be correct at the time of publication but cannot be guaranteed. P&S Intelligence does not endorse any product, service or vendor depicted in its research publications. All intellectual property, including trademarks and copyrights, belong to their respective owners and may be protected by copyright. Under no circumstance may these be reproduced in any form without the prior written agreement of its owner. An order for market research report is intended for internal use of the company alone and not for disclosure to third parties or any publication in general. No service, report or part thereof provided by P&S Intelligence can be reproduced, republished, resold, revealed, distributed, circulated, or sublicensed in any medium or form now realized or hereafter become realized, including and not limited to, all forms of optical-based media, magnetic, electronic, or digital without a written permission from P&S Intelligence. Kindly write to: enquiry@psmarketresearch.com B-13, Sector – 2, Noida, U.P. – 201301, INDIA Contact No: +91 120 4541 337 US/Canada Toll-Free: 1-888-778-7886 7 © P&S Intelligence. All rights reserved

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