Jun 2, 2021   SOURCE: BusinessWire

Global Heat Transfer Fluids Market (2020 to 2025) - Development of Bio-based Heat Transfer Fluid Presents Opportunities - ResearchAndMarkets.com

The "Heat Transfer Fluids Market Research Report by Type, by Industry - Global Forecast to 2025 - Cumulative Impact of COVID-19" report has been added to ResearchAndMarkets.com's offering.

The Global Heat Transfer Fluids Market is expected to grow from USD 3,804.95 Million in 2020 to USD 5,283.53 Million by the end of 2025.

Market Segmentation & Coverage:

This research report categorizes the Heat Transfer Fluids to forecast the revenues and analyze the trends in each of the following sub-markets:

  • Based on Type, the Heat Transfer Fluids Market is examined across Glycols, Ionic Fluids, Mineral Oils, Molten Salts, Nanofluids, and Silicones & Aromatics.
  • Based on Product, the Heat Transfer Fluids Market is examined across Flushing Fluid, Glycol based Heat Transfer Fluids, High-Temperature Heat Transfer Fluids, Low Conductivity Heat Transfer Fluids, and Low-Temperature Heat Transfer Fluids.
  • Based on Industry, the Heat Transfer Fluids Market is examined across Aerospace & Defense, Automotive & Transportation, Chemical Processing, Food Processing & Packaging, Healthcare & Pharmaceuticals, Oil & Gas, and Renewable Energy.
  • Based on Geography, the Heat Transfer Fluids Market is examined across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas region surveyed across Argentina, Brazil, Canada, Mexico, and United States. The Asia-Pacific region surveyed across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, South Korea, and Thailand. The Europe, Middle East & Africa region surveyed across France, Germany, Italy, Netherlands, Qatar, Russia, Saudi Arabia, South Africa, Spain, United Arab Emirates, and United Kingdom.

FPNV Positioning Matrix:

The FPNV Positioning Matrix evaluates and categorizes the vendors in the Heat Transfer Fluids Market on the basis of Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) that aids businesses in better decision making and understanding the competitive landscape.

Competitive Strategic Window:

The Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies. The Competitive Strategic Window helps the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. During a forecast period, it defines the optimal or favorable fit for the vendors to adopt successive merger and acquisition strategies, geography expansion, research & development, and new product introduction strategies to execute further business expansion and growth.

The report provides insights on the following pointers:

1. Market Penetration: Provides comprehensive information on the market offered by the key players

2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes the markets

3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments

4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, and manufacturing capabilities of the leading players

5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and new product developments

The report answers questions such as:

1. What is the market size and forecast of the Global Heat Transfer Fluids Market?

2. What are the inhibiting factors and impact of COVID-19 shaping the Global Heat Transfer Fluids Market during the forecast period?

3. Which are the products/segments/applications/areas to invest in over the forecast period in the Global Heat Transfer Fluids Market?

4. What is the competitive strategic window for opportunities in the Global Heat Transfer Fluids Market?

5. What are the technology trends and regulatory frameworks in the Global Heat Transfer Fluids Market?

6. What are the modes and strategic moves considered suitable for entering the Global Heat Transfer Fluids Market?

Market Dynamics

Drivers

  • Increasing demand in chemical and automotive industry
  • Improved performance and elevated temperature controlled properties
  • Growing natural gas production and demand for heat exchangers

Restraints

  • Safety risk due to inflammable property

Opportunities

  • Emerging economies with the development in metal processing and solar power
  • Development of bio-based heat transfer fluid

Challenges

  • Fluctuating and increasing raw material prices

Companies Mentioned

  • Arkema S.A.
  • BASF SE
  • Bharat Petroleum Corporation
  • Chevron Corporation
  • Clariant AG
  • Dalian Richfortune chemicals Co. Ltd
  • Dow Inc.
  • DuPont Tate & Lyle Bio Products Company, LLC
  • Eastman Chemical Company
  • Exxon Mobil Corporation
  • Global Heat Transfer Ltd.
  • Huntsman Corporation
  • Indian Oil Corporation Limited
  • LANXESS Corporation
  • Paratherm Corp.
  • Phillips 66 Company
  • Royal Dutch Shell PLC
  • Schultz Canada chemicals Ltd.
  • Solvay S.A.
  • Suncor Energy Inc.

For more information about this report visit https://www.researchandmarkets.com/r/y9zxfn