Market Overview:
The global heat-transfer fluid market is expected to grow from USD XX million in 2018 to USD XX million by 2030, at a CAGR of X.X%. The growth of the market can be attributed to the increasing demand for heat-transfer fluids in various applications, such as chemical industry, petrochemical industry, plastics and rubber industry, pharmaceutical industry, and fine and specialty chemicals industry. Based on type, the global heat-transfer fluid market is segmented into industrial grade and other. The industrial grade segment is projected to lead the global heat-transfer fluid market during the forecast period. This growth can be attributed to its properties such as high thermal stability and low volatility.
Product Definition:
A heat-transfer fluid is a fluid that is used to transfer heat between two objects. The importance of a good heat-transfer fluid is that it can help to keep temperatures stable and prevent overheating.
Industrial Grade:
Industrial grade is a special type of heat transfer fluid (HGF) that is designed for high-temperature applications in the metal processing industry. It has properties such as low viscosity, thermal conductivity & convection and high diffusivity. These fluids are used to provide insulation during welding operations and other related activities in the manufacturing sector.
Other:
Other is a generic name for all the additives that are not included in the standard product line of any heat transfer fluid manufacturer. Other additives include corrosion inhibitors, anti-foaming agents, emulsifiers and dispersants among others.
Other additives have different functions and characteristics which make them useful in heat transfer applications.
Application Insights:
The chemical industry led the global heat-transfer fluids market and accounted for more than 45.0% share of the overall revenue in 2017. The growth can be attributed to increasing investments by various companies, particularly from China, India and Russia to develop new chemicals and expand existing facilities in order to cater to growing demand from end-use industries such as automotive, construction and electricals.
Petrochemical industry is anticipated to witness significant growth over the forecast period owing to rising demand for polymers across various industries including automotive, building & construction materials among others. Increasing investment by countries such as China has enabled them become dominant producers of petrochemicals which is likely further boost product demand globally over the coming years.
Regional Analysis:
North America was the leading revenue contributor in 2017. The region is expected to witness a considerable growth rate of 3.6% over the forecast period, owing to rising product demand from various end-use industries, including chemical and petrochemical, oil and gas, power generation and other industrial applications.
Growth Factors:
- Increasing demand for heat-transfer fluids in the chemical and petrochemical industries due to the rise in production of downstream products.
- Growing investments in power generation sector, which is expected to drive the demand for heat-transfer fluids over the forecast period.
- Rising awareness about energy efficiency and its benefits is anticipated to boost the market growth during the forecast period.
- Technological advancements in heat exchangers that are used for thermal management is projected to fuel market growth over next few years
Scope Of The Report
Report Attributes
Report Details
Report Title
Heat-transfer Fluid Market Research Report
By Type
Industrial Grade, Other
By Application
Chemical Industry, Petrochemical Industry, Plastics and Rubber Industry, Pharmaceutical Industry, Fine and Specialty Chemicals Industry
By Companies
TOTAL, Soken Tecnix, Yantai Jinzheng Fine Chemical, SASOL
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
185
Number of Tables & Figures
130
Customization Available
Yes, the report can be customized as per your need.
Global Heat-transfer Fluid Market Report Segments:
The global Heat-transfer Fluid market is segmented on the basis of:
Types
Industrial Grade, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Chemical Industry, Petrochemical Industry, Plastics and Rubber Industry, Pharmaceutical Industry, Fine and Specialty Chemicals Industry
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- TOTAL
- Soken Tecnix
- Yantai Jinzheng Fine Chemical
- SASOL
Highlights of The Heat-transfer Fluid Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Industrial Grade
- Other
- By Application:
- Chemical Industry
- Petrochemical Industry
- Plastics and Rubber Industry
- Pharmaceutical Industry
- Fine and Specialty Chemicals Industry
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Heat-transfer Fluid Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Heat-transfer fluid is a type of fluid used to transfer heat from one object to another. It is often used in industrial settings, where it is necessary to move large amounts of heat quickly and efficiently.
Some of the key players operating in the heat-transfer fluid market are TOTAL, Soken Tecnix, Yantai Jinzheng Fine Chemical, SASOL.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Heat-transfer Fluid Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Heat-transfer Fluid Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Heat-transfer Fluid Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Heat-transfer Fluid Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Heat-transfer Fluid Market Size & Forecast, 2020-2028 4.5.1 Heat-transfer Fluid Market Size and Y-o-Y Growth 4.5.2 Heat-transfer Fluid Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Industrial Grade
5.2.2 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Chemical Industry
6.2.2 Petrochemical Industry
6.2.3 Plastics and Rubber Industry
6.2.4 Pharmaceutical Industry
6.2.5 Fine and Specialty Chemicals Industry
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Heat-transfer Fluid Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Heat-transfer Fluid Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Industrial Grade
9.6.2 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Chemical Industry
9.10.2 Petrochemical Industry
9.10.3 Plastics and Rubber Industry
9.10.4 Pharmaceutical Industry
9.10.5 Fine and Specialty Chemicals Industry
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Industrial Grade
10.6.2 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Chemical Industry
10.10.2 Petrochemical Industry
10.10.3 Plastics and Rubber Industry
10.10.4 Pharmaceutical Industry
10.10.5 Fine and Specialty Chemicals Industry
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Industrial Grade
11.6.2 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Chemical Industry
11.10.2 Petrochemical Industry
11.10.3 Plastics and Rubber Industry
11.10.4 Pharmaceutical Industry
11.10.5 Fine and Specialty Chemicals Industry
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Industrial Grade
12.6.2 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Chemical Industry
12.10.2 Petrochemical Industry
12.10.3 Plastics and Rubber Industry
12.10.4 Pharmaceutical Industry
12.10.5 Fine and Specialty Chemicals Industry
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Industrial Grade
13.6.2 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Chemical Industry
13.10.2 Petrochemical Industry
13.10.3 Plastics and Rubber Industry
13.10.4 Pharmaceutical Industry
13.10.5 Fine and Specialty Chemicals Industry
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Heat-transfer Fluid Market: Competitive Dashboard
14.2 Global Heat-transfer Fluid Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 TOTAL
14.3.2 Soken Tecnix
14.3.3 Yantai Jinzheng Fine Chemical
14.3.4 SASOL