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Heat Transfer Fluids Market by Type (Mineral Oils, Silicones & Aromatics, and Glycols), End-use Industry (Chemical Processing, Oil & Gas, Automotive, Renewable Energy, Pharmaceuticals, and Food & Beverage), and Region - Global Forecast to 2022

Heat Transfer Fluids Market by Type (Mineral Oils, Silicones & Aromatics, and Glycols), End-use Industry (Chemical Processing, Oil & Gas, Automotive, Renewable Energy, Pharmaceuticals, and Food & Beverage), and Region - Global Forecast to 2022

The heat transfer fluids market is projected to grow at a CAGR of 6.9% in terms of value during the forecast period
The heat transfer fluids market was valued at USD 2.61 billion in 2017 and is projected to reach USD 3.64 billion by 2022, at a CAGR of 6.9% from 2017 to 2022. 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.

Among types, the market for silicones & aromatics based heat transfer fluids is projected to grow at the highest CAGR from 2017 to 2022
Silicones & aromatics is the highest growing heat transfer fluid type. High performance properties such as ability to withstand high temperatures and high energy efficiency are major factors responsible for the high growth of the market. Moreover, this type is widely used in the chemical processing end-use industry, which is the largest market for heat transfer fluids globally.

Among end-use industries, the renewable energy segment market is projected to grow at the highest CAGR during the forecast period
Renewable energy is the fastest-growing end-use industry due to increasing efforts across the world to conserve energy and use alternative sources of energy which are environment friendly. Heat transfer fluids are used in concentrated solar plants and for bio-diesel production. Growing demand for concentrated solar power for primary energy purposes in developed and emerging countries such as the US, China, Spain, South Africa, and India are also major factors for highest growth rate.

The Asia Pacific heat transfer fluids market is projected to grow at the highest CAGR during the forecast period
The Asia Pacific heat transfer fluids market is projected to grow at the highest CAGR during the forecast period, owing to the increased demand for heat transfer fluids in chemical and oil & gas projects. Countries in the Asia Pacific are expanding their production capacities and investing in new projects to decrease dependence on imports and thereby boosting regional energy security and autonomy.

This study has been validated through primaries conducted with various industry experts, worldwide. The primary sources have been divided into three categories, namely, company type, designation, and region.

• By Company Type - Tier 1-70%, Tier2 -20%, and Tier 3-10%
• By Designation - C Level-5%, Director Level-20%, and Others-75%
• By Region - Asia Pacific-45%, Europe-35%, Middle East & Africa-10%, North America-5%, and South America-5%

Companies Profiled in the Report:
The key players profiled in the report include Dow (US), Eastman (US), Exxon Mobil (US), Chevron (US), Paratherm (US), BASF (Germany), Lanxess (Germany), Huntsman (US), and Global Heat Transfer (UK).

Research Coverage:
The report offers insights on heat transfer fluids used for various applications in various end-use industries across regions. It aims at estimating the size of the heat transfer fluids market during the forecast period and projects future growth potential of the market across different segments, such as form, end-use industry, and region. Furthermore, the report also includes an in-depth competitive analysis of the key players in the heat transfer fluids market, along with their company profiles, SWOT analysis, recent developments, and key market strategies.

Key Benefits of Buying the Report:
The report will help market leaders/new entrants in the heat transfer fluids market by providing them the closest approximations of the revenues for the overall market and its various subsegments. This report will help stakeholders obtain a better understanding of the competitive landscape and gain insights to enhance their businesses and devise suitable market strategies. The report will also help stakeholders understand the pulse of the market and help acquire information on key market drivers, restraints, challenges, and opportunities impacting the growth of the heat transfer fluids market.


  • INTRODUCTION
    • OBJECTIVES OF THE STUDY
    • MARKET DEFINITION
    • MARKET SCOPE
      • YEARS CONSIDERED FOR THE STUDY
    • CURRENCY
    • UNITS CONSIDERED
    • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • RESEARCH DATA
      • SECONDARY DATA
      • PRIMARY DATA
    • MARKET SIZE ESTIMATION
      • BOTTOM-UP APPROACH
      • TOP-DOWN APPROACH
    • DATA TRIANGULATION
    • RESEARCH ASSUMPTIONS
    • LIMITATIONS
  • EXECUTIVE SUMMARY
  • PREMIUM INSIGHTS
    • SIGNIFICANT OPPORTUNITIES IN THE HEAT TRANSFER FLUIDS MARKET
    • HEAT TRANSFER FLUIDS MARKET, BY END-USE INDUSTRY
    • APAC HEAT TRANSFER FLUIDS MARKET, BY END-USE INDUSTRY AND COUNTRY
    • HEAT TRANSFER FLUIDS MARKET, BY TYPE
    • HEAT TRANSFER FLUIDS MARKET, BY REGION
  • MARKET OVERVIEW
    • INTRODUCTION
    • MARKET DYNAMICS
      • DRIVERS
      • RESTRAINTS
      • OPPORTUNITIES
      • CHALLENGES
    • PORTER'S FIVE FORCES ANALYSIS
      • THREAT OF NEW ENTRANTS
      • THREAT OF SUBSTITUTES
      • BARGAINING POWER OF BUYERS
      • BARGAINING POWER OF SUPPLIERS
      • INTENSITY OF COMPETITIVE RIVALRY
    • MACROECONOMIC INDICATORS
      • GDP GROWTH RATE FORECAST OF MAJOR ECONOMIES
        • Table FORECAST OF GDP GROWTH RATES FROM 2016 TO 2022
      • ENERGY CONSUMPTION DATA, 2016
      • CRUDE OIL PRODUCTION DATA, 2016
  • HEAT TRANSFER FLUIDS MARKET, BY TYPE
    • INTRODUCTION
      • Table HEAT TRANSFER FLUIDS MARKET SIZE, BY TYPE, 2015-2022 (KILOTON)
      • Table HEAT TRANSFER FLUIDS MARKET SIZE, BY TYPE, 2015-2022 (USD MILLION)
    • MINERAL OILS
    • SILICONES & AROMATICS
    • GLYCOLS
    • OTHERS
      • MOLTEN SALTS
      • IONIC FLUIDS
      • NANOFLUIDS
  • HEAT TRANSFER FLUIDS MARKET, BY END-USE INDUSTRY
    • INTRODUCTION
      • Table HEAT TRANSFER FLUIDS MARKET SIZE, BY END-USE INDUSTRY, 2015-2022 (KILOTON)
      • Table HEAT TRANSFER FLUIDS MARKET SIZE, BY END-USE INDUSTRY, 2015-2022 (USD MILLION)
    • OIL & GAS
      • EXPLORATION
      • REFINING
    • CHEMICAL PROCESSING
      • HEATING AND COOLING
      • FINE CHEMICAL BATCH PROCESSING
      • WASTE HEAT RECOVERY
      • PLASTIC PROCESSING
    • AUTOMOTIVE
    • RENEWABLE ENERGY
      • CSP
      • BIODIESEL PRODUCTION
    • FOOD PROCESSING & PACKAGING
      • CHILLING & FREEZING
      • DEHUMIDIFYING
    • PHARMACEUTICALS
    • OTHERS
      • ELECTRONICS
      • HVAC
      • AEROSPACE
  • HEAT TRANSFER FLUID MARKET, BY REGION
    • INTRODUCTION
      • Table HEAT TRANSFER FLUIDS MARKET SIZE, BY REGION, 2015-2022 (KILOTON)
      • Table HEAT TRANSFER FLUIDS MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
    • APAC
      • Table APAC: HEAT TRANSFER FLUIDS MARKET SIZE, BY COUNTRY, 2015-2022 (KILOTON)
      • Table APAC: HEAT TRANSFER FLUIDS MARKET SIZE, BY COUNTRY, 2015-2022 (USD MILLION)
      • Table APAC: HEAT TRANSFER FLUIDS MARKET SIZE, BY TYPE, 2015-2022 (KILOTON)
      • Table APAC: HEAT TRANSFER FLUIDS MARKET SIZE, BY TYPE, 2015-2022 (USD MILLION)
      • Table APAC: HEAT TRANSFER FLUIDS MARKET SIZE, BY END-USE INDUSTRY, 2015-2022 (KILOTON)
      • Table APAC: HEAT TRANSFER FLUIDS MARKET SIZE, BY END-USE INDUSTRY, 2015-2022 (USD MILLION)
      • CHINA
        • Table CHINA: HEAT TRANSFER FLUIDS MARKET SIZE, BY END-USE INDUSTRY, 2015-2022 (KILOTON)
        • Table CHINA: HEAT TRANSFER FLUIDS MARKET SIZE, BY END-USE INDUSTRY, 2015-2022 (USD MILLION)
      • INDIA
        • Table INDIA: HEAT TRANSFER FLUIDS MARKET SIZE, BY END-USE INDUSTRY, 2015-2022 (KILOTON)
        • Table INDIA: HEAT TRANSFER FLUIDS MARKET SIZE, BY END-USE INDUSTRY, 2015-2022 (USD MILLION)
      • JAPAN
        • Table JAPAN: HEAT TRANSFER FLUIDS MARKET SIZE, BY END-USE INDUSTRY, 2015-2022 (KILOTON)
        • Table JAPAN: HEAT TRANSFER FLUIDS MARKET SIZE, BY END-USE INDUSTRY, 2015-2022 (USD MILLION)
      • SOUTH KOREA
        • Table SOUTH KOREA: HEAT TRANSFER FLUIDS MARKET SIZE, BY END-USE INDUSTRY, 2015-2022 (KILOTON)
        • Table SOUTH KOREA: HEAT TRANSFER FLUIDS MARKET SIZE, BY END-USE INDUSTRY, 2015-2022 (USD MILLION)
      • INDONESIA
        • Table INDONESIA: HEAT TRANSFER FLUIDS MARKET SIZE, BY END-USE INDUSTRY, 2015-2022 (KILOTON)
        • Table INDONESIA: HEAT TRANSFER FLUIDS MARKET SIZE, BY END-USE INDUSTRY, 2015-2022 (USD MILLION)
      • THAILAND
        • Table THAILAND: HEAT TRANSFER FLUIDS MARKET SIZE, BY END-USE INDUSTRY, 2015-2022 (KILOTON)
        • Table THAILAND: HEAT TRANSFER FLUIDS MARKET SIZE, BY END-USE INDUSTRY, 2015-2022 (USD MILLION)
      • REST OF APAC
    • NORTH AMERICA
      • Table NORTH AMERICA: HEAT TRANSFER FLUIDS MARKET SIZE, BY COUNTRY, 2015-2022 (KILOTON)
      • Table NORTH AMERICA: HEAT TRANSFER FLUIDS MARKET SIZE, BY COUNTRY, 2015-2022 (USD MILLION)
      • Table NORTH AMERICA: HEAT TRANSFER FLUIDS MARKET SIZE, BY TYPE, 2015-2022 (KILOTON)
      • Table NORTH AMERICA: HEAT TRANSFER FLUIDS MARKET SIZE, BY TYPE, 2015-2022 (USD MILLION)
      • Table NORTH AMERICA: HEAT TRANSFER FLUIDS MARKET SIZE, BY END-USE INDUSTRY, 2015-2022 (KILOTON)
      • Table NORTH AMERICA: HEAT TRANSFER FLUIDS MARKET SIZE, BY END-USE INDUSTRY, 2015-2022 (USD MILLION)
      • US
        • Table US: HEAT TRANSFER FLUIDS MARKET SIZE, BY END-USE INDUSTRY, 2015-2022 (KILOTON)
        • Table US: HEAT TRANSFER FLUIDS MARKET SIZE, BY END-USE INDUSTRY, 2015-2022 (USD MILLION)
      • CANADA
        • Table CANADA: HEAT TRANSFER FLUIDS MARKET SIZE, BY END-USE INDUSTRY, 2015-2022 (KILOTON)
        • Table CANADA: HEAT TRANSFER FLUIDS MARKET SIZE, BY END-USE INDUSTRY, 2015-2022 (USD MILLION)
      • MEXICO
        • Table MEXICO: HEAT TRANSFER FLUIDS MARKET SIZE, BY END-USE INDUSTRY, 2015-2022 (KILOTON)
        • Table MEXICO: HEAT TRANSFER FLUIDS MARKET SIZE, BY END-USE INDUSTRY, 2015-2022 (USD MILLION)
    • EUROPE
      • Table EUROPE: HEAT TRANSFER FLUIDS MARKET SIZE, BY COUNTRY, 2015-2022 (KILOTON)
      • Table EUROPE: HEAT TRANSFER FLUIDS MARKET SIZE, BY COUNTRY, 2015-2022 (USD MILLION)
      • Table EUROPE: HEAT TRANSFER FLUIDS MARKET SIZE, BY TYPE, 2015-2022 (KILOTON)
      • Table EUROPE: HEAT TRANSFER FLUIDS MARKET SIZE, BY TYPE, 2015-2022 (USD MILLION)
      • Table EUROPE: HEAT TRANSFER FLUIDS MARKET SIZE, BY END-USE INDUSTRY, 2015-2022 (KILOTON)
      • Table EUROPE: HEAT TRANSFER FLUIDS MARKET SIZE, BY END-USE INDUSTRY, 2015-2022 (USD MILLION)
      • GERMANY
        • Table GERMANY: HEAT TRANSFER FLUIDS MARKET SIZE, BY END-USE INDUSTRY, 2015-2022 (KILOTON)
        • Table GERMANY: HEAT TRANSFER FLUIDS MARKET SIZE, BY END-USE INDUSTRY, 2015-2022 (USD MILLION)
      • UK
        • Table UK: HEAT TRANSFER FLUIDS MARKET SIZE, BY END-USE INDUSTRY, 2015-2022 (KILOTON)
        • Table UK: HEAT TRANSFER FLUIDS MARKET SIZE, BY END-USE INDUSTRY, 2015-2022 (USD MILLION)
      • ITALY
        • Table ITALY: HEAT TRANSFER FLUIDS MARKET SIZE, BY END-USE INDUSTRY, 2015-2022 (KILOTON)
        • Table ITALY: HEAT TRANSFER FLUIDS MARKET SIZE, BY END-USE INDUSTRY, 2015-2022 (USD MILLION)
      • FRANCE
        • Table FRANCE: HEAT TRANSFER FLUIDS MARKET SIZE, BY END-USE INDUSTRY, 2015-2022 (KILOTON)
        • Table FRANCE: HEAT TRANSFER FLUIDS MARKET SIZE, BY END-USE INDUSTRY, 2015-2022 (USD MILLION)
      • RUSSIA
        • Table RUSSIA: HEAT TRANSFER FLUIDS MARKET SIZE, BY END-USE INDUSTRY, 2015-2022 (KILOTON)
        • Table RUSSIA: HEAT TRANSFER FLUIDS MARKET SIZE, BY END-USE INDUSTRY, 2015-2022 (USD MILLION)
      • REST OF EUROPE
    • MIDDLE EAST & AFRICA
      • Table MIDDLE EAST & AFRICA: HEAT TRANSFER FLUIDS MARKET SIZE, BY COUNTRY, 2015-2022 (KILOTON)
      • Table MIDDLE EAST & AFRICA: HEAT TRANSFER FLUIDS MARKET SIZE, BY COUNTRY, 2015-2022 (USD MILLION)
      • Table MIDDLE EAST & AFRICA: HEAT TRANSFER FLUIDS MARKET SIZE, BY TYPE, 2015-2022 (KILOTON)
      • Table MIDDLE EAST & AFRICA: HEAT TRANSFER FLUIDS MARKET SIZE, BY TYPE, 2015-2022 (USD MILLION)
      • Table MIDDLE EAST & AFRICA: HEAT TRANSFER FLUIDS MARKET SIZE, BY END-USE INDUSTRY, 2015-2022 (KILOTON)
      • Table MIDDLE EAST & AFRICA: HEAT TRANSFER FLUIDS MARKET SIZE, BY END-USE INDUSTRY, 2015-2022 (USD MILLION)
      • SAUDI ARABIA
        • Table SAUDI ARABIA: HEAT TRANSFER FLUIDS MARKET SIZE, BY END-USE INDUSTRY, 2015-2022 (KILOTON)
        • Table SAUDI ARABIA: HEAT TRANSFER FLUIDS MARKET SIZE, BY END-USE INDUSTRY, 2015-2022 (USD MILLION)
      • UAE
        • Table UAE.: HEAT TRANSFER FLUIDS MARKET SIZE, BY END-USE INDUSTRY, 2015-2022 (KILOTON)
        • Table UAE.: HEAT TRANSFER FLUIDS MARKET SIZE, BY END-USE INDUSTRY, 2015-2022 (USD MILLION)
      • REST OF THE MIDDLE EAST & AFRICA
    • SOUTH AMERICA
      • Table SOUTH AMERICA: HEAT TRANSFER FLUIDS MARKET SIZE, BY COUNTRY, 2015-2022 (KILOTON)
      • Table SOUTH AMERICA: HEAT TRANSFER FLUIDS MARKET SIZE, BY COUNTRY, 2015-2022 (USD MILLION)
      • Table SOUTH AMERICA: HEAT TRANSFER FLUIDS MARKET SIZE, BY TYPE, 2015-2022 (KILOTON)
      • Table SOUTH AMERICA: HEAT TRANSFER FLUIDS MARKET SIZE, BY TYPE, 2015-2022 (USD MILLION)
      • Table SOUTH AMERICA: HEAT TRANSFER FLUIDS MARKET SIZE, BY END-USE INDUSTRY, 2015-2022 (KILOTON)
      • Table SOUTH AMERICA: HEAT TRANSFER FLUIDS MARKET SIZE, BY END-USE INDUSTRY, 2015-2022 (USD MILLION)
      • BRAZIL
        • Table BRAZIL: HEAT TRANSFER FLUIDS MARKET SIZE, BY END-USE INDUSTRY, 2015-2022 (KILOTON)
        • Table BRAZIL: HEAT TRANSFER FLUIDS MARKET SIZE, BY END-USE INDUSTRY, 2015-2022 (USD MILLION)
      • ARGENTINA
        • Table ARGENTINA: HEAT TRANSFER FLUIDS MARKET SIZE, BY END-USE INDUSTRY, 2015-2022 (KILOTON)
        • Table ARGENTINA: HEAT TRANSFER FLUIDS MARKET SIZE, BY END-USE INDUSTRY, 2015-2022 (USD MILLION)
      • REST OF SOUTH AMERICA
  • COMPETITIVE LANDSCAPE
    • OVERVIEW
    • MARKET RANKING OF KEY PLAYERS
    • COMPETITIVE SCENARIO
      • NEW PRODUCT LAUNCHES
        • Table NEW PRODUCT LAUNCHES, 2012-2017
      • MERGERS & ACQUISITIONS
        • Table MERGERS & ACQUISITIONS, 2012-2017
      • INVESTMENTS & EXPANSIONS
        • Table INVESTMENTS & EXPANSIONS, 2012-2017
  • COMPANY PROFILES
    • DOW
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • EASTMAN
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • EXXONMOBIL
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • CHEVRON
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • PARATHERM
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • SWOT ANALYSIS
      • MNM VIEW
    • BASF
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • LANXESS
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • MNM VIEW
    • HUNTSMAN
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • GLOBAL HEAT TRANSFER
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • MNM VIEW
    • SHELL
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • OTHER COMPANIES
      • BHARAT PETROLEUM
      • PHILLIPS 66
      • INDIAN OIL
      • ARKEMA
      • ACOTA
      • RADCO INDUSTRIES
      • ZHONGNENG CHEMICAL
      • HONEYWELL INTERNATIONAL
      • DYNALENE, INC.
      • LYTRON INC.
      • HINDUSTAN PETROLEUM CORPORATION LTD.
      • PETRO-CANADA
      • DALIAN RICHFORTUNE CHEMICALS
      • APPLIED THERMAL CONTROL
  • APPENDIX
    • INSIGHTS FROM INDUSTRY EXPERTS
    • DISCUSSION GUIDE
    • KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
    • INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE
    • AVAILABLE CUSTOMIZATIONS
    • RELATED REPORTS
    • AUTHOR DETAILS

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