Global heat transfer fluid market is growing at a fair pace and is estimated to reach $3.71 billion with a CAGR of 6.82% during 2018-2024. According to the heat transfer fluid market analysis, high demand in the chemical industry,improved performance of heat transfer fluids, high demand in the APAC region are the factors which are accelerating the market because of which the market is growing with CAGR of 6.82%. Silicones & Aromatics are largest by type heat transfer fluid market owing to the demand in end-user industries such as oil & gas and automotive. Chemical processing in the end-user industry is expected to hold the heat transfer fluid market share, owing to the demand of heat transfer fluids in high temperature applications. APAC has the largestheat transfer fluid market size and it is also the fastest growing market owing to the expansion of the production capacities and investing in new projects to decrease dependence on imports. The key vendors of the market include British Petroleum, Eastman Chemical Company, Exxon Mobil, Royal Dutch Shell and Dow Chemical Company. Download
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By Type:
Minerals
Silicones & Aromatics
Glycol based fluids
Others o Molten fluids o Iconic fluids o Nano fluids
By End-user:
Food processing & processing
Oil & Gas
Automotive
Renewable energy
Chemical processing
Pharmaceuticals
Others
By Geography
North America
at:
https://www.envisioninteligence.com/industry-report/heat-transfer-fluid-
o U.S. o Canada o Mexico
South America o Brazil o Argentina o Others
Europe o U.K. o Germany o France o Italy o Spain o Others
APAC o China o India o Japan o South Korea o Others
Middle East & Africa o Middle East o Africa
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