Thermic Fluids Market By Product (Glycol (ethylene and propylene) Based Thermic Fluids, Mineral Oils Based Thermic Fluids, Silicone & Aromatic Based Thermic Fluids and Other Products) and End User (Heating, Ventilation & Air Conditioning (HVAC), Oil & Gas, Pharmaceuticals, Chemical, Plastics, Concentrated Solar Power (CSP), Food & Beverages and Other End User) – Global Industry Analysis And Forecast To 2025
Thermic Fluids Market Industry Outlook
The thermic fluids is a combination of engineering & science branches with four different connecting field like the; Thermodynamics, Combustion, Heat transfer and Fluid mechanics. The word is derived from combination of thermic referring heat & fluids referring to gases, liquids & vapor. The chemical reactions and phase transition face key role in the context of these fluids. These fluids find application in numbers of industrial processes like the temperature maintenance of processing machines and for carrying away the heat generated during the process. These fluids find application in the processes where the water or steam fails to deliver. Therefore, the Thermic Fluids Market is anticipated to expand and has tremendous scope during the forecast period. The global Thermic Fluids Market anticipated to flourish in the future by growing at a significantly higher CAGR.
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The global Thermic Fluids Market is segmented on the basis of Product, the market is further divided into Glycol (ethylene and propylene) Based Thermic Fluids, Mineral Oils Based Thermic Fluids, Silicone & Aromatic Based Thermic Fluids and Other Products,
On the basis of End User, the market is further divided into Heating, Ventilation & Air Conditioning (HVAC), Oil & Gas, Pharmaceuticals, Chemical, Plastics, Concentrated Solar Power (CSP), Food & Beverages and Other End User. Out of all the sections the Oil & Gas section is exhibiting significant growth as the plants of oil & gas function on high temperatures, the harnessed is further stored in different types of thermic fluids. Also the demand from chemical sector is also increasing so this section will also progress in the foreseen time period.
Thermic Fluids Market Regional Insights
The European region is leading the global Thermic Fluids Market owing to factors like; the constant efforts by the policy makers to increase the use of renewable energy, rise in the CSP plant construction, rise use of the fluid in thermal storage in various CSP plants, increasing use of bio-thermal fluids in the region, etc. Asia Pacific has the potential to grow substantially in the foreseen time period.
Thermic Fluids Market Competitive Analysis
The leading players in the market are. The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and market share of the overall industry.
- Kost USA Inc.
- The Dow Chemical Company
- Multitherm LLC
- Exxon Mobil
- Paratherm Corporation
- Eastman Chemical Company
- Dynalene Inc.
- British Petroleum
- BASF SE
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Table of Contents:
Chapter 1. Introduction
1.1. Report Description
Chapter 2. Executive Summary
2.1. Key Highlights
Chapter 3. Market Overview
3.1.1. Market Definition
3.1.2. Market Segmentation
3.2. Market Dynamics
3.3. SWOT Analysis
Chapter 4. Market Analysis by Regions
4.1. North America (United States, Canada and Mexico)
4.1.1. United States Market Status and Outlook (2014-2025)
4.1.2. Canada Market Status and Outlook (2014-2025)
4.1.3. Mexico Market Status and Outlook (2014-2025)
4.2. Europe (Germany, France, UK, Russia, Italy and Rest of Europe)
4.2.1. Germany Market Status and Outlook (2014-2025)
4.2.2. France Market Status and Outlook (2014-2025)
4.2.3. UK Market Status and Outlook (2014-2025)
4.2.4. Russia Market Status and Outlook (2014-2025)
4.2.5. Italy Market Status and Outlook (2014-2025)
4.2.6. Rest of Europe Market Status and Outlook (2014-2025)
…CONTINUED FOR TOC
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