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Press Release

North America Thermic Fluids Market is set to witness 5.5% CAGR from 2018 to 2025


"Some of the major thermic fluids market participants mentioned in this report are Exxon Mobil, British Petroleum (BP), Dow Chemical Company, Solutia Inc., Hindustan Petroleum, Royal Dutch Shell, Dynalene Inc., BASF AG, Paratherm Corporation, Kost U.S.A In"
Silicone & aromatic thermic fluids market shows growth of about 5.8% CAGR from 2018 to 2025 ass these are best suited for completely exposed systems which are not prone to leaking or contamination along with impressive to oxidation and protect the fluid from degradation.

Thermic fluids market is driven by dynamic growth in food & beverage sector due to population growth and improving standard of living across the globe. There are several processes that are carried out in the food & beverage industry which require thermal fluids for the cooling, heating and dehumidifying. Dairies, wineries, breweries and other food processing companies use heat transfer mediums during processing where contact of the fluid with food or portable water is possible. Hence requirement of non-toxic thermic fluid arises.

The growth forecast report by GMI titled “Thermic Fluids Market Size By Product (Silicone & Aromatic Based, Mineral Oils Based, Glycol Based), By Application (Oil & Gas, Chemical, Concentrated Solar Power [CSP], Food & Beverage, Plastics, Pharmaceuticals, Heating, Ventilation & Air Conditioning [HVAC]), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Spain, Italy, Russia, China, India, Japan, Australia, Indonesia, Malaysia, South Korea, Brazil, Mexico, South Africa, Saudi Arabia, UAE, Kuwait), Growth Potential, Price Trends, Competitive Market Share & Forecast, 2018 – 2025” says global thermic fluids market size will hit USD 4 billion by 2025.

Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/2940

On the basis of product, silicone & aromatic thermic fluids market shows growth of about 5.8% CAGR from 2018 to 2025. This type of thermal fluids is best suited for completely exposed systems which are not prone to leaking or contamination. These fluids are impressive to oxidation and protect the fluid from degradation. Glycol based thermal fluids are also gaining attention in food & beverage industry as they are low in toxicity ion case of incidental contact with water and food products.

In terms of volume, chemical sector will clutch over 10% share of the entire application segment in 2025. In petrochemical complexes, thermal fluids are used to provide heating for distillation towers, crackers and reactors in production of phthalic anhydride, alkyl benzene, terapthalic acid, dimethyl terapthylate and many other downstream products. Rising investments in the chemical sector due to substantial rise in crude oil prices will result in thermic fluids market growth in coming years.

On the basis of region, Asia Pacific thermic fluids market will show decent growth of more than 6% over the forecast years. This is all due to significant presence of industries such as chemical, plastics, food & beverage, pharmaceutical, HVAC, oil & gas in the region. Initiatives taken by governments of emerging economies such as India, China to attract FDI inflow and open more manufacturing facilities will catapult the thermal fluids demand by 2025.

Browse key industry insights from the report@ https://www.gminsights.com/industry-analysis/thermic-fluids-market

 

Chapter 1. Methodology and Scope

1.1.  Methodology

1.2.  Market definition

1.3.  Market estimation & forecast parameters

1.4.  Data sources

1.4.1. Primary

1.4.2. Secondary

1.4.2.1. Paid sources

1.4.2.2. Public sources

 

Chapter 2. Executive Summary

2.1.  Thermic Fluids market 3600 synopsis, 2014 - 2025

2.1.1. Business trends

2.1.2. Type trends

2.1.3. Product trends

2.1.4. Application trends

2.1.5. Regional trends

 

Make an Inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/2940

 

Chapter 3. Thermic Fluids Industry Insights

3.1.  Industry segmentation

3.2.  Industry size and forecast, 2014 - 2025

3.3.  Industry ecosystem analysis

3.3.1. Raw material analysis

3.3.2. Profit margin analysis

3.3.3. Value addition at each stage

3.3.4. Distributor channel analysis

3.3.5. Vendor matrix

3.3.5.1.    List of key manufacturers/supplier

3.3.5.2.    List of key/potential customers

3.3.5.3.    List of key raw material suppliers

3.4.  Innovation & sustainability

3.4.1. Patent analysis

3.4.2. Technology landscape

3.4.3. Future trends

3.5.  Industry impact forces

3.5.1. Growth drivers

3.5.2. Industry pitfalls & challenges

3.6.  Regulatory landscape

3.6.1. U.S.

3.6.2. Europe

3.6.3. China

3.7.  Growth potential analysis

3.8.  Competitive landscape, 2017

3.8.1.   Company market share, 2017

3.8.2.   Key stakeholders

3.8.3.   Strategy dashboard

3.9.    Porter’s analysis

3.9.1.    Supplier power

3.9.2.    Buyer power

3.9.3.    Threat of new entrants

3.9.4.    Threat of substitutes

3.9.5.    Industry rivalry

3.10.  Regional price trends

3.10.1.  Cost structure analysis

3.10.1.1.   R&D cost

3.10.1.2.   Manufacturing & equipment cost

3.10.1.3.   Raw material cost

3.10.1.4.   Distribution cost

3.10.1.5.   Operating cost

3.10.1.6.   Miscellaneous cost

3.10.2.  Price by product

3.10.3.  Price by application

3.11.  PESTEL analysis

 

Browse Complete Table of Contents (TOC) @ https://www.gminsights.com/toc/detail/thermic-fluids-market

 

Chapter 4. Thermic Fluids Market, Product By Application

4.1.  Global thermic fluids market product insights

4.2.  Silicone & aromatic based thermic fluids

4.2.1. Market estimates and forecast, by application, 2014 – 2025

·    Oil & gas

·    Chemical industry

·    Concentrated solar power (CSP)

·    Food & beverage

·    Plastics

·    Pharmaceuticals

·    Others

4.2.2. Market estimates and forecast, by region, 2014 - 2025

4.3.  Mineral oil based thermic fluids

4.3.1. Market estimates and forecast, by application, 2014 – 2025

·    Oil & gas

·    Chemical industry

·    Concentrated solar power (CSP)

·    Food & beverage

·    Plastics

·    Pharmaceuticals

·    Others

4.3.2. Market estimates and forecast, by region, 2014 - 2025

4.4.  Glycol based thermic fluids

4.4.1. Market estimates and forecast, by application, 2014 – 2025

·    Oil & gas

·    Chemical industry

·    Concentrated solar power (CSP)

·    Food & beverage

·    Plastics

·    Pharmaceuticals

·    Others

4.4.2. Market estimates and forecast, by region, 2014 - 2025

4.5.  Others (Including molten salts & HFPE.) thermic fluids

4.5.1. Market estimates and forecast, by application, 2014 – 2025

·    Oil & gas

·    Chemical industry

·    Concentrated solar power (CSP)

·    Food & beverage

·    Plastics

·    Pharmaceuticals

·    Others

4.5.2. Market estimates and forecast, by region, 2014 – 2025

 

 Browse Related Report:

1. Heat Transfer Fluid Market Size By Product (Silicones & Aromatics, Minerals Oils, Glycol), By Application (Oil & Gas, Chemical Industry, Concentrated Solar Power (CSP), Food & Beverages, Plastics, Pharmaceuticals, HVAC) Industry Analysis Report, Regional Outlook (U.S, Canada, Mexico, Germany, UK, France, Italy, China, India, Japan, Saudi Arabia, Kuwait, UAE, Argentina, Venezuela, Brazil), Growth Potential, Price Trends, Competitive Market Share & Forecast, 2017 – 2024

https://www.gminsights.com/industry-analysis/heat-transfer-fluid-market

 

About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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