© 2016 Global Market Insights, Inc. USA. All Rights Reserved Heat Transfer Fluid Market Share & Industry Analysis, 2016 – 2023: Fractovia.org Heat Transfer Fluid (HTF) Market Size By Product (Glycol, Mineral Oils, Silicones & Aromatics), By Application (HVAC, Pharmaceuticals, Plastics, Food & Beverages, Concentrated Solar Power (CSP), Chemical Industry, Oil & Gas), Industry Analysis Report, Regional Outlook (U.S, Canada, Germany, UK, China, India, Japan) Application Potential, Price Trends, Competitive Market Share & Forecast, 2016 – 2023

© 2016 Global Market Insights, Inc. USA. All Rights Reserved  (HTF) Heat Transfer Fluid Market size is estimated to surpass USD 3.5 billion by 2023  Global Heat Transfer Fluid Market is noticing lucrative business opportunities in the chemical, metal processing, and O&G sectors. Heat transfer fluids (HTF) avoid overheating of a mechanical component during an ongoing physical and chemical process.  Heat transfer fluid market size in 2015 was 480 kilo tons, and is anticipated to grow significantly in the coming timeframe at a CAGR of 6% over  Silicone & aromatics, glycol, and mineral oils are the basic products used in heat transfer fluid mechanism.  Glycol industry is forecast to experience the maximum growth rate, with an estimated CAGR of more than 6.5% over the period Overview:

© 2016 Global Market Insights, Inc. USA. All Rights Reserved UK heat transfer fluids market size, by product, (Kilo tons)

© 2016 Global Market Insights, Inc. USA. All Rights Reserved  Glycol industry is forecast to experience the maximum growth rate, with an estimated CAGR of more than 6.5% over the period Extensive product application in the food and beverage sector fueled by USDA and FDA approvals will trigger glycol heat transfer fluid market demand.  Noteworthy expansion in the concentrated solar power industry along with favorable government initiations to promote sustainable energy sources is predicted to fuel the market growth. It is estimated that CSP application sector will show maximum growth rate, rising exponentially at an annual rate of 7.2% over Another niche application segment of HTF market is oil and gas sector. This application dominated the market in 2015, with a revenue generation of more than 470 million. Product Trends:

© 2016 Global Market Insights, Inc. USA. All Rights Reserved  Europe, dominated by Germany and UK heat transfer fluid industry, had the largest market share in terms of revenue in 2015, with a record over USD 700 million. It is estimated that Europe industry will prosper more over the years to come, with a striking annual growth rate of 5% over the period  The market is fiercely competitive with companies concentrating on developing bio-based products. Key participants include British Petroleum, Eastman, Dow Chemicals, and Shell Corporation. Regional Trends: Competitive Trends:

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