Market Scenario
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.There has been rapid industrialization in the Asia Pacific region, especially in the manufacturing sector comprising chemical, automotive, oil and gas, and metal processing industries. However, government regulations across emerging and developed economies in-line with the Environment Protection Act is expected to hinder market growth over the forecast period. Based on the heat transfer fluid type, the mineral oils segment is expected to dominate the market in 2017, owing to, it is progressively being used in chemical manufacturing processes, pharmaceutical, refrigeration, CSP generation and geothermal energy applications. On the other hand, the silicones & aromatics segment is expected to hold the major market shares in heat transfer fluid market during 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, increasing use of heat transfer fluid for energy recovery and heat recovery plays an increasing role in the chemical industry operations. Furthermore, increasing oil and gas operations in onshore and offshore production processes across Africa, Asia Pacific and North America is expected to dominate the oil and gas segment during forecast period. In renewable energy applications, heat transfer fluids are driven by the increasing installations of solar power plants such as CSP plants and solar thermal energy systems. Geographically, the Asia Pacific region is expected to dominate heat transfer fluids market in 2017 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 accounts largest share in the global heat transfer fluids market, owing to the growing 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.
Scope of Global Heat Transfer Fluids Market
Global Heat Transfer Fluids Market, By Type
• Mineral Oils • Silicones & Aromatics • GlycolsGlobal Heat Transfer Fluids Market, By End-Use industries
• Oil & Gas • Chemicals & Processing • Renewable energy • Pharmaceuticals • Food & Beverage • AutomotiveGlobal Heat Transfer Fluids Market, By Region
• North America • Europe • Asia Pacific • Middle East & Africa • Latin AmericaKey Players Operating in Global Heat Transfer Fluids Market
• Dow • Eastman • Exxon Mobil • Chevron • Paratherm • BASF • Lanxess • Huntsman • Global Heat Transfer • Royal Dutch Shell plc. • Phillips 66 • Arkema • Schultz Canada Chemicals Ltd. • Radco Industries
Table of Contents
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. Radco Industries 16. Primary Key Insights
