The global heat transfer fluid market is forecasted to grow at a CAGR of 5.89% during the period 2017-2021

LONDON, Nov. 29, 2017 /PRNewswire/ -- About Heat Transfer Fluid

Heat transfer fluids are used in a wide range of industrial applications, such as chemical industry, solar power plants, plastics and polymers, and oil and gas, which involve extreme temperature ranges. Numerous kinds of heat transfer fluids are used in industries depending on the nature of applications. Some of them are silicone and aromatics, while others are glycol-based fluids, mineral oils, and molten salts. Heat transfer fluids generally function in a temperature range of 0°F-43°F.

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Technavio's analysts forecast the global heat transfer fluid market to grow at a CAGR of 5.89% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global heat transfer fluid market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA

Technavio's report, Global Heat Transfer Fluid Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
• British Petroleum
• Eastman Chemical Company
• Exxon Mobil
• Royal Dutch Shell
• The Dow Chemical Company

Other prominent vendors
• BASF
• Chevron
• Huntsman International

Market driver
• Developing chemical industry in China and India
• For a full, detailed list, view our report

Market challenge
• Declining crude oil prices
• For a full, detailed list, view our report

Market trend
• Technological advances in heat transfer fluid product portfolio
• For a full, detailed list, view our report

Key questions answered in this report
• What will the market size be in 2021 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?

You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.

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