Global Heat Transfer Fluids Market: Industry Analysis and Forecast (2019-2027) – by Type, End-Use Industries, and Regions.



Global Heat Transfer Fluids Market was valued US$ XX Bn in 2019 and expected to reach US$ XX Bn by 2027, at a CAGR of XX% during the forecast period.

The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region.



Global Heat Transfer Fluids Market Segment analysis

Based on the heat transfer fluid type, the mineral oils segment is expected to dominate the market in 2019, because of progressively being used in chemical manufacturing processes, pharmaceutical, refrigeration, CSP generation and geothermal energy applications.
On the other hand, the silicones & aromatic segment is expected to hold the major market shares in heat transfer fluid market during the forecast period. This growth is attributed to the continuously increasing demand for synthetic thermal oils from oil & gas and chemical industries.

Based on the end-user industries, the chemical processing industries are the leading end-use industries for the heat transfer fluids market. Followed by oil & gas industries. Owing to, rising use of heat transfer fluid for energy recovery and heat recovery plays an important role in the chemical industry operations. Furthermore, increasing oil and gas operations in onshore and offshore production process across Africa, Asia Pacific and North America is expected to dominate the oil and gas segment during forecast period. In renewable energy application, heat transfer fluids are driven by the increasing installations of solar power plants such as CSP plants and solar thermal energy systems.

Global Heat Transfer Fluids Market Regional Insights

Geographically, the Asia Pacific region is expected to dominate heat transfer fluids market in 2019 and is projected to keep its dominance throughout the forecast period. The growth of this region is attributed to, its lower dependence on imports, increasing production capacity, growing population, and improved standard of living. Further, increasing installations of solar power projects such as CSP and also rising chemical and processing industry are expected to boost the market growth in the upcoming years.

The Europe is expected to account for the largest share in the global heat transfer fluids market, owing to the growth in energy sector, and growing population, driven by the accrued energy demand. Germany and Spain account for prominent market shares in the Europe region, owing to the growing industrial expansion in these countries.

The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data and projections with a suitable set of assumptions and methodology. The report also helps in understanding global heat transfer fluids market dynamics, structure by identifying and analyzing the market segments and project the global market size. Further, report also focuses on competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence. The report also provides PEST analysis, PORTER’s analysis, SWOT analysis to address questions of shareholders to prioritizing the efforts and investment in near future to emerging segment in global heat transfer fluids market.

Global Heat Transfer Fluids Market, Key Highlights:

• Global Heat Transfer Fluids Market analysis and forecast, in terms of value.
• Comprehensive study and analysis of market drivers, restraints and opportunities influencing the growth of the Global Heat Transfer Fluids Market
• Global Heat Transfer Fluids Market segmentation on the basis of type, source, end-user, and region (country-wise) has been provided.
• Global Heat Transfer Fluids Market strategic analysis with respect to individual growth trends, future prospects along with the contribution of various sub-market stakeholders have been considered under the scope of study.
• Global Heat Transfer Fluids Market analysis and forecast for five major regions namely North America, Europe, Asia Pacific, the Middle East & Africa (MEA) and Latin America along with country-wise segmentation.
• Profiles of key industry players, their strategic perspective, market positioning and analysis of core competencies are further profiled.
• Competitive developments, investments, strategic expansion and competitive landscape of the key players operating in the Global Heat Transfer Fluids Market are also profiled.

Scope of Global Heat Transfer Fluids Market


Global Heat Transfer Fluids Market, by Type

• Mineral Oils
• Silicones & Aromatics
• Glycols

Global Heat Transfer Fluids Market, by End-Use industries

• Oil & Gas
• Chemicals & Processing
• Renewable energy
• Pharmaceuticals
• Food & Beverage
• Automotive

Global Heat Transfer Fluids Market, by Region

• North America
• Europe
• Asia Pacific
• Middle East & Africa
• South America

Global Heat Transfer Fluids Market Key Players

• Dow
• Eastman
• Exxon Mobil
• Chevron
• Paratherm
• BASF
• Lanxess
• Huntsman
• Global Heat Transfer
• Royal Dutch Shell plc.
• Phillips 66
• Arkema
• Schultz Canada Chemicals Ltd.
• Sasol
• Radco Industries




Global Heat Transfer Fluids Market

1. Preface
1.1. Report Scope and Market Segmentation
1.2. Research Highlights
1.3. Research Objectives

2. Assumptions and Research Methodology
2.1. Report Assumptions
2.2. Abbreviations
2.3. Research Methodology
2.3.1. Secondary Research
2.3.1.1. Secondary data
2.3.1.2. Secondary Sources
2.3.2. Primary Research
2.3.2.1. Data from Primary Sources
2.3.2.2. Breakdown of Primary Sources

3. Executive Summary: Global Heat Transfer Fluids Market Size, by Market Value (US$ Bn) and Market Volume (Kilotons)

4. Market Overview
4.1. Introduction
4.2. Market Indicator
4.2.1. Drivers
4.2.2. Restraints
4.2.3. Opportunities
4.2.4. Challenges
4.3. Porter’s Analysis
4.4. Value Chain Analysis
4.5. Market Risk Analysis
4.6. SWOT Analysis
4.7.Global Heat Transfer Fluids Market Industry Trends
4.8.Global Heat Transfer Fluids Market Competitive Landscape
5. Supply Side and Demand Side Indicators

6. Global Heat Transfer Fluids Market Analysis and Forecast
6.1. Global Heat Transfer Fluids Market Size & Y-o-Y Growth Analysis
6.1.1. North America
6.1.2. Europe
6.1.3. Asia Pacific
6.1.4. Middle East & Africa
6.1.5. South America

7. Global Heat Transfer Fluids Market Analysis and Forecast, by Type
7.1. Introduction and Definition
7.2. Key Findings
7.3. Global Heat Transfer Fluids Market Value Share Analysis, by Type
7.4. Global Heat Transfer Fluids Market Size (US$ Bn) Forecast, by Type
7.5. Global Heat Transfer Fluids Market Analysis, by Type
7.6. Global Heat Transfer Fluids Market Attractiveness Analysis, by Type

8. Global Heat Transfer Fluids Market Analysis and Forecast, by End-Use Industries
8.1. Introduction and Definition
8.2. Key Findings
8.3. Global Heat Transfer Fluids Market Value Share Analysis, by End-Use Industries
8.4. Global Heat Transfer Fluids Market Size (US$ Bn) Forecast, by End-Use Industries
8.5. Global Heat Transfer Fluids Market Analysis, by End-Use Industries
8.6. Global Heat Transfer Fluids Market Attractiveness Analysis, by End-Use Industries

9. Global Heat Transfer Fluids Market Analysis, by Region
9.1. Global Heat Transfer Fluids Market Value Share Analysis, by Region
9.2. Global Heat Transfer Fluids Market Size (US$ Bn) Forecast, by Region
9.3. Global Heat Transfer Fluids Market Attractiveness Analysis, by Region

10. North America Heat Transfer Fluids Market Analysis
10.1. Key Findings
10.2. North America Heat Transfer Fluids Market Overview
10.3. North America Heat Transfer Fluids Market Value Share Analysis, by Type
10.4. North America Heat Transfer Fluids Market Forecast, by Type
10.4.1. Mineral Oils
10.4.2. Silicones & Aromatics
10.4.3. Glycols
10.5. North America Heat Transfer Fluids Market Value Share Analysis, by End-Use Industries
10.6. North America Heat Transfer Fluids Market Forecast, by End-Use Industries
10.6.1. Oil & Gas
10.6.2. Chemicals & Processing
10.6.3. Renewable energy
10.6.4. Pharmaceuticals
10.6.5. Food & Beverage
10.6.6. Automotive
10.7. North America Heat Transfer Fluids Market Value Share Analysis, by Country
10.8. North America Heat Transfer Fluids Market Forecast, by Country
10.8.1. U.S.
10.8.2. Canada
10.9. North America Heat Transfer Fluids Market Analysis, by Country
10.10. U.S. Heat Transfer Fluids Market Forecast, by Type
10.10.1. Mineral Oils
10.10.2. Silicones & Aromatics
10.10.3. Glycols
10.11. U.S. Heat Transfer Fluids Market Forecast, by End-Use Industries
10.11.1. Oil & Gas
10.11.2. Chemicals & Processing
10.11.3. Renewable energy
10.11.4. Pharmaceuticals
10.11.5. Food & Beverage
10.11.6. Automotive
10.12. Canada Heat Transfer Fluids Market Forecast, by Type
10.12.1. Mineral Oils
10.12.2. Silicones & Aromatics
10.12.3. Glycols
10.13. Canada Heat Transfer Fluids Market Forecast, by End-Use Industries
10.13.1. Oil & Gas
10.13.2. Chemicals & Processing
10.13.3. Renewable energy
10.13.4. Pharmaceuticals
10.13.5. Food & Beverage
10.13.6. Automotive
10.14. North America Heat Transfer Fluids Market Attractiveness Analysis
10.14.1. By Type
10.14.2. By End-Use Industries
10.15. PEST Analysis
10.16. Key Trends
10.17. Key Developments

11. Europe Heat Transfer Fluids Market Analysis
11.1. Key Findings
11.2. Europe Heat Transfer Fluids Market Overview
11.3. Europe Heat Transfer Fluids Market Value Share Analysis, by Type
11.4. Europe Heat Transfer Fluids Market Forecast, by Type
11.4.1. Mineral Oils
11.4.2. Silicones & Aromatics
11.4.3. Glycols
11.5. Europe Heat Transfer Fluids Market Value Share Analysis, by End-Use Industries
11.6. Europe Heat Transfer Fluids Market Forecast, by End-Use Industries
11.6.1. Oil & Gas
11.6.2. Chemicals & Processing
11.6.3. Renewable energy
11.6.4. Pharmaceuticals
11.6.5. Food & Beverage
11.6.6. Automotive
11.7. Europe Heat Transfer Fluids Market Value Share Analysis, by Country
11.8. Europe Heat Transfer Fluids Market Forecast, by Country
11.8.1. Germany
11.8.2. U.K.
11.8.3. France
11.8.4. Italy
11.8.5. Spain
11.8.6. Rest of Europe
11.9. Europe Heat Transfer Fluids Market Analysis, by Country
11.10. Germany Heat Transfer Fluids Market Forecast, by Type
11.10.1. Mineral Oils
11.10.2. Silicones & Aromatics
11.10.3. Glycols
11.11. Germany Heat Transfer Fluids Market Forecast, by End-Use Industries
11.11.1. Oil & Gas
11.11.2. Chemicals & Processing
11.11.3. Renewable energy
11.11.4. Pharmaceuticals
11.11.5. Food & Beverage
11.11.6. Automotive
11.12. U.K. Heat Transfer Fluids Market Forecast, by Type
11.12.1. Mineral Oils
11.12.2. Silicones & Aromatics
11.12.3. Glycols
11.13. U.K. Heat Transfer Fluids Market Forecast, by End-Use Industries
11.13.1. Oil & Gas
11.13.2. Chemicals & Processing
11.13.3. Renewable energy
11.13.4. Pharmaceuticals
11.13.5. Food & Beverage
11.13.6. Automotive
11.14. France Heat Transfer Fluids Market Forecast, by Type
11.14.1. Mineral Oils
11.14.2. Silicones & Aromatics
11.14.3. Glycols
11.15. France Heat Transfer Fluids Market Forecast, by End-Use Industries
11.15.1. Oil & Gas
11.15.2. Chemicals & Processing
11.15.3. Renewable energy
11.15.4. Pharmaceuticals
11.15.5. Food & Beverage
11.15.6. Automotive
11.16. Italy Heat Transfer Fluids Market Forecast, by Type
11.16.1. Mineral Oils
11.16.2. Silicones & Aromatics
11.16.3. Glycols
11.17. Italy Heat Transfer Fluids Market Forecast, by End-Use Industries
11.17.1. Oil & Gas
11.17.2. Chemicals & Processing
11.17.3. Renewable energy
11.17.4. Pharmaceuticals
11.17.5. Food & Beverage
11.17.6. Automotive
11.18. Spain Heat Transfer Fluids Market Forecast, by Type
11.18.1. Mineral Oils
11.18.2. Silicones & Aromatics
11.18.3. Glycols
11.19. Spain Heat Transfer Fluids Market Forecast, by End-Use Industries
11.19.1. Oil & Gas
11.19.2. Chemicals & Processing
11.19.3. Renewable energy
11.19.4. Pharmaceuticals
11.19.5. Food & Beverage
11.19.6. Automotive
11.20. Rest of Europe Heat Transfer Fluids Market Forecast, by Type
11.20.1. Mineral Oils
11.20.2. Silicones & Aromatics
11.20.3. Glycols
11.21. Rest of Europe Heat Transfer Fluids Market Forecast, by End-Use Industries
11.21.1. Oil & Gas
11.21.2. Chemicals & Processing
11.21.3. Renewable energy
11.21.4. Pharmaceuticals
11.21.5. Food & Beverage
11.21.6. Automotive
11.22. Europe Heat Transfer Fluids Market Attractiveness Analysis
11.22.1. By Type
11.22.2. By End-Use Industries
11.23. PEST Analysis
11.24. Key Trends
11.25. Key Developments

12. Asia Pacific Heat Transfer Fluids Market Analysis
12.1. Key Findings
12.2. Asia Pacific Heat Transfer Fluids Market Overview
12.3. Asia Pacific Heat Transfer Fluids Market Value Share Analysis, by Type
12.4. Asia Pacific Heat Transfer Fluids Market Forecast, by Type
12.4.1. Mineral Oils
12.4.2. Silicones & Aromatics
12.4.3. Glycols
12.5. Asia Pacific Heat Transfer Fluids Market Value Share Analysis, by End-Use Industries
12.6. Asia Pacific Heat Transfer Fluids Market Forecast, by End-Use Industries
12.6.1. Oil & Gas
12.6.2. Chemicals & Processing
12.6.3. Renewable energy
12.6.4. Pharmaceuticals
12.6.5. Food & Beverage
12.6.6. Automotive
12.7. Asia Pacific Heat Transfer Fluids Market Value Share Analysis, by Country
12.8. Asia Pacific Heat Transfer Fluids Market Forecast, by Country
12.8.1. China
12.8.2. India
12.8.3. Japan
12.8.4. ASEAN
12.8.5. Rest of Asia Pacific
12.9. Asia Pacific Heat Transfer Fluids Market Analysis, by Country
12.10. China Heat Transfer Fluids Market Forecast, by Type
12.10.1. Mineral Oils
12.10.2. Silicones & Aromatics
12.10.3. Glycols
12.11. China Heat Transfer Fluids Market Forecast, by End-Use Industries
12.11.1. Oil & Gas
12.11.2. Chemicals & Processing
12.11.3. Renewable energy
12.11.4. Pharmaceuticals
12.11.5. Food & Beverage
12.11.6. Automotive
12.12. India Heat Transfer Fluids Market Forecast, by Type
12.12.1. Mineral Oils
12.12.2. Silicones & Aromatics
12.12.3. Glycols
12.13. India Heat Transfer Fluids Market Forecast, by End-Use Industries
12.13.1. Oil & Gas
12.13.2. Chemicals & Processing
12.13.3. Renewable energy
12.13.4. Pharmaceuticals
12.13.5. Food & Beverage
12.13.6. Automotive
12.14. Japan Heat Transfer Fluids Market Forecast, by Type
12.14.1. Mineral Oils
12.14.2. Silicones & Aromatics
12.14.3. Glycols
12.15. Japan Heat Transfer Fluids Market Forecast, by End-Use Industries
12.15.1. Oil & Gas
12.15.2. Chemicals & Processing
12.15.3. Renewable energy
12.15.4. Pharmaceuticals
12.15.5. Food & Beverage
12.15.6. Automotive
12.16. ASEAN Heat Transfer Fluids Market Forecast, by Type
12.16.1. Mineral Oils
12.16.2. Silicones & Aromatics
12.16.3. Glycols
12.17. ASEAN Heat Transfer Fluids Market Forecast, by End-Use Industries
12.17.1. Oil & Gas
12.17.2. Chemicals & Processing
12.17.3. Renewable energy
12.17.4. Pharmaceuticals
12.17.5. Food & Beverage
12.17.6. Automotive
12.18. Rest of Asia Pacific Heat Transfer Fluids Market Forecast, by Type
12.18.1. Mineral Oils
12.18.2. Silicones & Aromatics
12.18.3. Glycols
12.19. Rest of Asia Pacific Heat Transfer Fluids Market Forecast, by End-Use Industries
12.19.1. Oil & Gas
12.19.2. Chemicals & Processing
12.19.3. Renewable energy
12.19.4. Pharmaceuticals
12.19.5. Food & Beverage
12.19.6. Automotive
12.20. Asia Pacific Heat Transfer Fluids Market Attractiveness Analysis
12.20.1. By Type
12.20.2. By End-Use Industries
12.21. PEST Analysis
12.22. Key Trends
12.23. Key Developments

13. Middle East & Africa Heat Transfer Fluids Market Analysis
13.1. Key Findings
13.2. Middle East & Africa Heat Transfer Fluids Market Overview
13.3. Middle East & Africa Heat Transfer Fluids Market Value Share Analysis, by Type
13.4. Middle East & Africa Heat Transfer Fluids Market Forecast, by Type
13.4.1. Mineral Oils
13.4.2. Silicones & Aromatics
13.4.3. Glycols
13.5. Middle East & Africa Heat Transfer Fluids Market Value Share Analysis, by End-Use Industries
13.6. Middle East & Africa Heat Transfer Fluids Market Forecast, by End-Use Industries
13.6.1. Oil & Gas
13.6.2. Chemicals & Processing
13.6.3. Renewable energy
13.6.4. Pharmaceuticals
13.6.5. Food & Beverage
13.6.6. Automotive
13.7. Middle East & Africa Heat Transfer Fluids Market Value Share Analysis, by Country
13.8. Middle East & Africa Heat Transfer Fluids Market Forecast, by Country
13.8.1. GCC
13.8.2. South Africa
13.8.3. Rest of Middle East & Africa
13.9. Middle East & Africa Heat Transfer Fluids Market Analysis, by Country
13.10. GCC Heat Transfer Fluids Market Forecast, by Type
13.10.1. Mineral Oils
13.10.2. Silicones & Aromatics
13.10.3. Glycols
13.11. GCC Heat Transfer Fluids Market Forecast, by End-Use Industries
13.11.1. Oil & Gas
13.11.2. Chemicals & Processing
13.11.3. Renewable energy
13.11.4. Pharmaceuticals
13.11.5. Food & Beverage
13.11.6. Automotive
13.12. South Africa Heat Transfer Fluids Market Forecast, by Type
13.12.1. Mineral Oils
13.12.2. Silicones & Aromatics
13.12.3. Glycols
13.13. South Africa Heat Transfer Fluids Market Forecast, by End-Use Industries
13.13.1. Oil & Gas
13.13.2. Chemicals & Processing
13.13.3. Renewable energy
13.13.4. Pharmaceuticals
13.13.5. Food & Beverage
13.13.6. Automotive
13.14. Rest of Middle East & Africa Heat Transfer Fluids Market Forecast, by Type
13.14.1. Mineral Oils
13.14.2. Silicones & Aromatics
13.14.3. Glycols
13.15. Rest of Middle East & Africa Heat Transfer Fluids Market Forecast, by End-Use Industries
13.15.1. Oil & Gas
13.15.2. Chemicals & Processing
13.15.3. Renewable energy
13.15.4. Pharmaceuticals
13.15.5. Food & Beverage
13.15.6. Automotive
13.16. Middle East & Africa Heat Transfer Fluids Market Attractiveness Analysis
13.16.1. By Type
13.16.2. By End-Use Industries
13.17. PEST Analysis
13.18. Key Trends
13.19. Key Developments

14. South America Heat Transfer Fluids Market Analysis
14.1. Key Findings
14.2. South America Heat Transfer Fluids Market Overview
14.3. South America Heat Transfer Fluids Market Value Share Analysis, by Type
14.4. South America Heat Transfer Fluids Market Forecast, by Type
14.4.1. Mineral Oils
14.4.2. Silicones & Aromatics
14.4.3. Glycols
14.5. South America Heat Transfer Fluids Market Value Share Analysis, by End-Use Industries
14.6. South America Heat Transfer Fluids Market Forecast, by End-Use Industries
14.6.1. Oil & Gas
14.6.2. Chemicals & Processing
14.6.3. Renewable energy
14.6.4. Pharmaceuticals
14.6.5. Food & Beverage
14.6.6. Automotive
14.7. South America Heat Transfer Fluids Market Value Share Analysis, by Country
14.8. South America Heat Transfer Fluids Market Forecast, by Country
14.8.1. Brazil
14.8.2. Mexico
14.8.3. Rest of South America
14.9. South America Heat Transfer Fluids Market Analysis, by Country
14.10. Brazil Heat Transfer Fluids Market Forecast, by Type
14.10.1. Mineral Oils
14.10.2. Silicones & Aromatics
14.10.3. Glycols
14.11. Brazil Heat Transfer Fluids Market Forecast, by End-Use Industries
14.11.1. Oil & Gas
14.11.2. Chemicals & Processing
14.11.3. Renewable energy
14.11.4. Pharmaceuticals
14.11.5. Food & Beverage
14.11.6. Automotive
14.12. Mexico Heat Transfer Fluids Market Forecast, by Type
14.12.1. Mineral Oils
14.12.2. Silicones & Aromatics
14.12.3. Glycols
14.13. Mexico Heat Transfer Fluids Market Forecast, by End-Use Industries
14.13.1. Oil & Gas
14.13.2. Chemicals & Processing
14.13.3. Renewable energy
14.13.4. Pharmaceuticals
14.13.5. Food & Beverage
14.13.6. Automotive
14.14. Rest of South America Heat Transfer Fluids Market Forecast, by Type
14.14.1. Mineral Oils
14.14.2. Silicones & Aromatics
14.14.3. Glycols
14.15. Rest of South America Heat Transfer Fluids Market Forecast, by End-Use Oil & Gas
14.15.1. Chemicals & Processing
14.15.2. Renewable energy
14.15.3. Pharmaceuticals
14.15.4. Food & Beverage
14.15.5. Automotive
14.16. South America Heat Transfer Fluids Market Attractiveness Analysis
14.16.1. By Type
14.16.2. By End-Use Industries
14.17. PEST Analysis
14.18. Key Trends
14.19. Key Developments

15. Company Profiles
15.1. Market Share Analysis, by Company
15.2. Competition Matrix
15.2.1. Competitive Benchmarking of key players by price, presence, market share, Applications and R&D investment
15.2.2. New Product Launches and Product Enhancements
15.2.3. Market Consolidation
15.2.3.1. M&A by Regions, Investment and Applications
15.2.3.2. M&A Key Players, Forward Integration and Backward
Integration
15.3. Company Profiles: Key Players
15.3.1. Dow
15.3.1.1. Company Overview
15.3.1.2. Financial Overview
15.3.1.3. Product Portfolio
15.3.1.4. Business Strategy
15.3.1.5. Recent Developments
15.3.1.6. Manufacturing Footprint
15.3.2. Eastman
15.3.3. Exxon Mobil
15.3.4. Chevron
15.3.5. Paratherm
15.3.6. BASF
15.3.7. Lanxess
15.3.8. Huntsman
15.3.9. Global Heat Transfer
15.3.10. Royal Dutch Shell plc.
15.3.11. Phillips 66
15.3.12. Arkema
15.3.13. Schultz Canada Chemicals Ltd.
15.3.14. Sasol 
15.3.15. Radco Industries

16. Primary Key Insights

About This Report

Report ID 30456
Category Material & Chemical
Published Date May 2019
Updated Date Nov 2020
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