Heat Transfer Fluid Market - Asia Pacific to witness 7% CAGR up to 2024 | Top Companies are BP, Huntsman Corporation, Shell, Phillips 66
Asia Pacific Heat Transfer Fluid Market is anticipated to observe gains at a rate of 7% up to 2024. Rising demand for the thermal management along with increasing recognition of renewal energy among consumers in developed countries including Japan and China is expected to drive the HTF landscape.Get sample copy of this research report @ https://www.gminsights.com/request-sample/detail/415
Rising demand for precise application based on HTF for optimal energy efficiency is projected to propel industry growth. Implementation of Concentrated Solar Power (CSP) amenities in several industrialized countries for promoting renewable energy will fuel heat transfer fluid market development.
Recent technological developments in the manufacturing sectors including, metal processing and plastics will significantly benefit the industry. In addition, increasing exploration activities in oil & gas industry, particularly in Europe and Asia Pacific will also support improved raw material availability over the projected timeframe. Thus, driving the heat transfer fluid market expansion.
Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
1. Dynalene
2. Indian Oil Corporation Limited
3. KOST USA, Inc.
4. Hindustan Petroleum Corporation Limited
5. CFR Chemicals Inc.
6. Inlet Petroleum Co
7. BP
8. Huntsman Corporation
9. Shell
10. Eastman Chemical Company
11. Phillips 66
12. Chevron
13. BASF
14. ExxonMobil
15. The Dow Chemical Company
Worldwide, Heat Transfer Fluid Market is quite consolidated with renowned biggies procuring almost three fourths of the global share. Statistics depict that the presence of Dow Chemicals is rather dominant, covering almost 28% of the marketplace in 2016. While industry giants seek immense growth in the years ahead, a wide array of daunting challenges might hinder the business proliferation to some extent.
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Expansion in oil & gas, chemical and metal processing industries accompanied by the promising environment protocols will drive heat transfer fluid market. Temperature control property and cost saving operation relative to its counterparts including electric and steam will support heat transfer fluid market scope.
Table Of Content For This Research Report:
Chapter 4. Heat Transfer Fluid Market, By Product
4.1. Global heat transfer fluid market share by product, 2016 & 2024
4.2. Silicones & aromatics
4.2.1. Market estimates and forecast, 2013 – 2024
4.2.2. Market estimates and forecast, by region, 2013–2024
4.3. Mineral oils
4.3.1. Market estimates and forecast, 2013 – 2024
4.3.2. Market estimates and forecast, by region, 2013 – 2024
4.4. Glycol
4.4.1. Market estimates and forecast, 2013 – 2024
4.4.2. Market estimates and forecast, by region, 2013 – 2024
4.5. Others
4.5.1. Market estimates and forecast, 2013 – 2024
4.5.2. Market estimates and forecast, by region, 2013 – 2024
Browse complete Table of Contents (ToC) of this research report @ https://www.gminsights.com/toc/detail/heat-transfer-fluid-market
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