openPR Logo
Press release

Heat Transfer Oil | Technological Advancements, Evolving Industry Trends and Insights

Heat Transfer Oil | Technological Advancements, Evolving

A new research report by Transparency Market Research offers a comprehensive evaluation of the global Heat Transfer Oil Market. The study, titled “Heat Transfer Oil Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025”, is available for sale on the firm’s website.

Heat transfer oil is stable paraffinic oil with high boiling point. It is used in closed as well as open heat transfer systems. Demand for heat transfer oil is high in industrial applications and household equipment, including chemical plants, textile producers, process industry, and oil filled radiators, as it offers properties such as good thermal stability, low viscosity, good heat transfer, ease of waste oil disposal, and high flash point. Heat transfer oil is also used to prevent rusting in circulating oil systems. Its exceptional stability helps prevent deposit formation inside piping and guarantees minimal thermal cracking at high temperatures.

Browse Market Research Report @
http://www.transparencymarketresearch.com/heat-transfer-oil-market.html

The global heat transfer oil market can be segmented based on end-use industry and region. In terms of end-use industry, the heat transfer oil market can be divided into chemical, textile, cement, asphalt, concentrated solar power, and oil & gas. The chemical industry is the major end-use industry of heat transfer oil. The oil is used to maintain equipment and furnace temperature in batch processes. Heat transfer oil is primarily employed for tank heating and line tracing applications in the asphalt industry. Heat transfer oil is used to heat columns and reboilers in the oil & gas industry for the purification of oil. The oil is usually employed in enclosed circulated heat transfer systems in the textile industry.

The heat transfer oil market is anticipated to expand significantly during the forecast period owing to the increase in demand for the oil in the chemical industry. Rise in demand for heat transfer oil in concentrated solar power is estimated to drive the market for heat transfer oil during the forecast period. Growth in the oil & gas industry is also projected to propel the market for heat transfer oil in the near future. Demand for heat transfer oil is high in the cement market due to its characteristics of good conductivity and low volatility. This has been boosting the heat transfer oil market. Rapid growth in the asphalt market is also one of the key factors augmenting the heat transfer oil market. However, volatility in raw material prices is likely to hamper market growth. Furthermore, implementation of stringent government regulations, particularly in developed countries, is expected to adversely affect the heat transfer oil market during the forecast period.

Based on region, the heat transfer oil market can be segregated into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. Europe is anticipated to dominate the global heat transfer oil market, followed by Asia Pacific and North America, during the forecast period. Rise in demand for heat transfer oil in concentrated solar power in Europe is projected to boost the market for heat transfer oil. Growth in the chemical industry in Asia Pacific is likely to drive the market for heat transfer oil in the region. The heat transfer oil market in Middle East & Africa and Latin America is also estimated to expand substantially during the next few years.

Companies are adopting merger and acquisition strategies to expand their market share. They are also shifting their production facilities to emerging economies in Asia Pacific and Latin America due to the easy availability of land, cheap labor, and governmental subsidies in these regions. Key players operating in heat transfer oil market are Royal Dutch Shell plc, Chevron Corporation, Schaeffer Manufacturing Co., Millers Oils Ltd, The Maxol Group, Total Group, and Global Heat Transfer.

Get accurate market forecast and analysis on the Heat Transfer Oil market. Request a sample to stay abreast on the key trends impacting this market@
http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=24419

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:
Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis

The regional analysis covers:
North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR's experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Contact Us

Transparency Market Research
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com/

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Heat Transfer Oil | Technological Advancements, Evolving Industry Trends and Insights here

News-ID: 677947 • Views: 357

More Releases from Transparency Market Research

Voltage Detectors Market – Evolving Technology Trends and Industry SWOT Analys …
The global voltage detectors market includes large number of players. Some of the key players are Texas Instruments, Toshiba, ROHM Semiconductor Sharp Microelectronics, Analog Devices Inc., STMicroelectronics, ON Semiconductor, Torex Semiconductor, Taiwan Semiconductor and Seiko Instruments. Browse Our Report @ https://www.transparencymarketresearch.com/voltage-detectors-market.html Voltage Detector is a testing equipment generally used to determine the existence or absence of an electrical charge in an object. It is highly suggested for conditions where power issues exist.
Switched Capacitor Filters Market : Key Segments, Maket Insights, Regional Outlo …
Major players in the global switched capacitor filters market are Texas Instruments Incorporated, Analog Devices, Inc., Maxim Integrated, Inc., Siemens AG, Eaton Corporation, and among others. Browse Our Report @ https://www.transparencymarketresearch.com/switched-capacitor-filters-market.html A switched capacitor filter is an active filter based on the consideration that a switching of capacitors between two circuit nodes at an adequately high rate that is equivalent to a resistor connecting these two nodes. The switched capacitor filters are
Current Calibrator Market : Recent Industry Developments And Growth Strategies A …
Key players operating in the global current calibrator market include Valhalla Scientific, Rotek Inc., Time Electronics, PCE Instruments, Martel Electronics, AOIP Instrumentation, Extech Instruments, Yogokawa Test & Measurement Corporation, Extech Instruments, REED Instruments, Fluke Corporation, and others. These players are actively focusing on organic and inorganic growth strategies in order to gain a competitive advantage in the market. Some of the important strategies adopted by the leading players in the
Damp Meter Market – Outlook by Responsible Drivers, Restraints, Demand
Key players operating in the global damp meter market include PCE Instrument, Delmhorst Instrument Co., GENERAL TOOLS & INSTRUMENTS LLC, FLIR Systems, Inc. designs, Panomex Inc., These players are actively focusing on organic and inorganic growth strategies in order to gain a competitive advantage in the market. Some of the important strategies adopted by the leading players in the global market are collaborations, partnerships, agreements, and new product launches. The

All 5 Releases


More Releases for Heat

Moving from heat waste to heat recovery
The project Mitsubishi Electric Hydronics & IT Cooling Systems, through its brand Climaveneta has recently supplied two heat pumps for Fortum’s district heating in Espoo, Finland. Fortum, a Finnish energy company, will utilize waste heat from a data center and supply the heat into a district heating network. The data center belongs to Ericsson, a multinational networking and telecommunications equipment and services company based in Sweden. A win-win solution Ericsson needed more cooling
Global Automotive Heat Shield Market
The management of heat is becoming complex with the growing number of temperature-sensitive and sophisticated components in modern vehicles that have to be protected from heat. The demand of heat shielding technology has been increasing along with the number of applications in automotive industry. Minimal cooling air flows, tightly packed components, engine encapsulation, exhaust gas turbochargers and catalytic converter technology result in high temperatures within the area of the underbody,
Global Heat Pipe Heat Exchanger Market Research Report 2017
Summary This report studies Heat Pipe Heat Exchanger in Global market, especially in North America, Europe, China, Japan, Southeast Asia and India, focuses on top manufacturers in global market, with capacity, production, price, revenue and market share for each manufacturer, covering Mitsubishi Electric Corporation Nortek Air Solutions Munters Corporation Greenheck RenewAire DRI Innovative Air Solutions Reznor Zehnder America Ruskin Rooftop System Market Segment by Regions, this report splits Global into several key Regions, with production, consumption, revenue, market share and growth
Global Heat Pumps Market 2017 - Vaillant , Trane, Thermia Heat Pumps
The report entitled Global Heat Pumps Market 2017 presents key insights into the global Heat Pumps market along with the latest up-to-date industry details and forthcoming Heat Pumps industry trends, which will assist the readers to focus on product specification and end users driving the overall market revenue and profitability. Report Keynotes: The main motive of the report on "Global Heat Pumps Market 2017" is to study comprehensive details of the market
Geothermal Heat Pumps Market’s Key Threat: Air Source Heat Pumps
The global geothermal heat pumps market is driven by the rising focus of consumers on low-cost energy alternatives. Furthermore, the significant cost savings along with the environmental benefits associated with geothermal heat pumps will also drive the market. The attractive payback period associated with the installation of geothermal heat pumps in newly-built or green homes is also propelling the global geothermal heat pumps market. Another key factor driving the global
Heat Shrinkable Tubing,Heat Shrink Tubing
Yamuna Cable Accessories Ltd is a stocking distributor of premium brand specialist equipment to the Electronics, the background of our personnel includes cable accessories. The product line is dedicated to accessories and auxiliary equipment needed to manufacture cable. We use the best quality of raw materials & machines to manufacture these accessories. his in depth understanding and knowledge aids in the integration of the integration of accessories to the entire