Heat Transfer Fluids Market Analysis | Company Profiles | Size | Share | Growth | Trends and Forecast To 2025

According to Market Study Report, Heat Transfer Fluids Market provides a comprehensive analysis of the Heat Transfer Fluids Market segments, including their dynamics, size, growth, regulatory requirements, competitive landscape, and emerging opportunities of global industry.

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The Global Heat Transfer Fluids (HTFs) Market size is expected to grow from USD 3.1 Billion in 2020 to USD 4.9 Billion by 2025, at a Compound Annual Growth Rate (CAGR) of 9.9% during the forecast period. This report spread across 1580 Pages, Profiling 10 Companies and Supported with xx Tables and xx figures are now available in this research.

Top Key Players Profiled in the Heat Transfer Fluids Market:

  • The Dow Chemical Company (US)
  • Eastman Chemical Company (US)
  • ExxonMobil (US)
  • Chevron (US)
  • Huntsman Corporation (US)
  • Royal Dutch Shell (Netherlands)
  • LANXESS (Germany)
  • Paratherm (US)
  • Clariant (Switzerland)
  • Schultz Canada Chemicals (Canada)
  • Arkema (France)
  • BASF (Germany)
  • British Petroleum (UK)
  • Dalian Richfortune Chemicals Ltd. (China)
  • DuPont Tate & Lyle (UK)
  • Dynalene (US)
  • Global Heat Transfer (UK)
  • Hindustan Petroleum Corporation (India)
  • Indian Oil Corporation (India)
  • Isel (US)
  • Paras Lubricants Limited (India)
  • Petro-Canada (Canada)
  • Phillips 66 (US)
  • Radco Industries (US)
  • Sasol (South Africa)
  • Schaeffer Specialized Lubricants (US)
  • Solvay (Belgium)

The synthetic fluids segment is the fastest-growing in the HTFs market. The HTFs market has been categorized as mineral oils, synthetic fluids, glycols, and others. Synthetic fluids provide maximized oxidation resistance with minimized deposits, and they possess high thermal stability, excellent radiation resistance, and good durable properties compared to other types.

The chemical industry involves various manufacturing processes that require to maintain specific temperatures during the processes. This specific temperature is achieved by using HTFs. HTFs are also used as an indirect heating source for various processes such as liquids and polymers treatments, drying and heating of bulk materials, energy recovery, low-pressure cogeneration, pipeline tracing, gas processing, and many others.

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