05 September 2019
Visiongain’s new report “Heat Transfer Fluids Market Report 2019-2029: A global report on heat transfer fluids market estimate and forecast – Industry insights for consumption, demand, price trend, competitive intelligence, and opportunity analysis along the value chain” states that the heat transfer fluids market was valued at $2.5 billion in 2018 in terms of revenue.
Visiongain offers historical market size for 2016 - 2018, estimate for 2019 and forecast up to 2029. The report also includes consumption data, and market share for key players. The market estimation and forecast is done for the product type and end users of heat transfer fluids.
The consumption of heat transfer fluids market is set to witness significant increase globally, fuelled by the growth in Increasing production of natural gas in Gulf Cooperation Council (GCC) countries, approval received from Food and Drug Administration (FDA) for food standards, and increasing demand for heat transfer fluids from solar industry. The solar heat collected with the help of solar thermal energy collectors uses heat transfer fluids for employing and transmitting the collected solar heat to heat exchanger where the heat can be used to convert water into steam and then steam turbine is further driven to generate electricity. Thus, increasing the growth of the market.
The report offers competitive analysis including product benchmarking, price trend analysis, regulatory analysis, value chain analysis and supply chain analysis. Industry leaders are majorly focusing on the product differentiation to get an edge over the competitors.
The report includes the following insights, which is intended to help the stakeholders throughout the value chain. The report offers insights of the overall heat transfer fluids industry and will benefit stakeholders in making right decision at right time.
- Heat transfer fluids consumption in various industries for historic and forecast period.
- Revenue estimate and forecast.
- Pricing trend analysis for historic period.
- Regulatory framework.
- Opportunity analysis across the value chain and supply chain.
- PESTEL, Porter’s, and SWOT analysis.
- Market dynamics covering trend, drivers, restraints and opportunities.
- Market share analysis of leading players along with their profiles.
- Strategic initiatives taken by industry leaders.
Notes for Editors
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