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Heat Transfer Fluids Market is Witnessing High Growth by 2028

07-01-2022 12:28 PM CET | Industry, Real Estate & Construction

Press release from: The Insight Partners

The heat transfer fluids market is anticipated to grow in the forecast period owing to the rising demand from the chemical industry coupled with increasing need for energy conservation. However, the fire and explosion hazards restrict the growth of the heat transfer fluids market. On the other hand, high growth potential in the CSP industry is likely to showcase growth opportunities for the heat transfer fluids market during the forecast period.

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The heat transfer fluids are the special fluids that are specifically manufactured for the transmission of heat from one source to the other. For example, in the solar collector, the heat transfer fluid is heated up in the collector due to the sun and then is passed through the heat exchanger that warms up a separate tank of water that results in providing hot water for domestic use. The heat exchanger fluid is estimated to have a high demand in the coming years due to the increasing applications in various end-use industries.

Leading Companies:

Arkema Group
BASF SE
Dalian Richfortune Chemicals Co., Ltd.
DuPont Tate & Lyle Bio Products
Dynalene, Inc
HP Lubricants
Indian Oil Corporation Ltd.
Isel
Phillips 66 Company
Sasol

The "Global Heat transfer Fluids Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of heat transfer fluids market with detailed market segmentation by type, end-user industries, and geography. The global heat transfer fluids market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading heat transfer fluids market players and offers key trends and opportunities in the market.

The global heat transfer fluids market is segmented on the basis of type and end-user industries. Based on type, the market is segmented as mineral oils, synthetic fluids, glycol and others. On the basis of the applications, the market is segmented as chemical, oil & gas, food & beverages, pharmaceuticals, renewable energy, automotive, Hvacr and others.

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About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.

Contact Us:
If you have any queries about this report or if you would like further information, please contact us:
E-mail: sales@theinsightpartners.com
Phone: +1-646-491-9876

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