Thermic Fluid Market

Jun 2022| FMI1709A| Future Markets Insights

Report Highlights

The generic term for heat transfer liquids are known as thermic fluid. The heat transfer liquids are used to add or remove heat from one part to another part of the process wherever heat is added.  These liquids are used in applications where water or stream might not work well. It is used in various industries such as chemical industry, solar power plants, manufacturing processes, petroleum processing and many more. 

The market for thermic fluid is expected to grow at a more than CAGR of 7.5% from 2014 to 2020 globally. Europe is the market leader for thermic fluid. But in future Asia Pacific is expected to be the most promising market. India and China are expected to be the fastest growing market for these fluids. Another growing market for heat transfer liquids is Middle East. In future, the growth is expected to be moderate in the economies of Europe and North America.  

Some of the major factors driving the growth of the market are increased performance by the industrial sectors, benefit offered by these liquids, and due to growth in the concentrated solar power market. But rising prices of raw materials is one of the major restraints of the market. But in future the market has huge opportunities due to growing heat exchanger demand and increasing demand from the Asia Pacific region due to their continuous strong economic growth and rising demand for energy.

Some of the key players of the market are Solutia Inc. (U.S.), Dow Chemical’s Co. (U.S.), ExxonMobil (U.S.), Shell Corporation (The Netherlands), BP (U.K.), and others.

This research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data and statistically-supported and industry-validated market data and projections with a suitable set of assumptions and methodology. It provides analysis and information by categories such as market segments, regions, product type and distribution channels.

The report covers exhaustive analysis on:

  • Market Segments
  • Market Dynamics
  • Market Size
  • Supply & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Technology
  • Value Chain

Regional analysis includes

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Asia Pacific
  • Japan
  • Middle East and Africa

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies. 

Report Synopsis

Report Metrics Details
Base year considered 2022
Forecast period considered 2022-2032
Units considered $ Million
Segments covered By Product Type, By Application, By Region
Industry covered Chemicals & Materials
Countries covered North America, Latin America, Western Europe, Eastern Europe, Asia Pacific, Japan, Middle East and Africa
Companies studied
  • Solutia Inc. (U.S.),
  • BP (U.K.)
  • Dow Chemical’s Co. (U.S.)
  • ExxonMobil (U.S.),
  • Shell Corporation (The Netherlands)

Report Highlights:

  • Detailed overview of parent market
  • Changing market dynamics of the industry
  • In-depth market segmentation
  • Historical, current and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies of key players and product offerings
  • Potential and niche segments/regions exhibiting promising growth
  • A neutral perspective towards market performance

Must-have information for market players to sustain and enhance their market footprint

  • Table 1 : Global Market Value (US$ Mn) Forecast by Region, 2017-2032
  • Table 2 : Global Market Volume (Tonnes) Forecast by Region, 2017-2032
  • Table 3 : Global Market Value (US$ Mn) Forecast by Application, 2017-2032
  • Table 4 : Global Market Volume (Tonnes) Forecast by Application, 2017-2032
  • Table 5 : Global Market Value (US$ Mn) Forecast by Product Type, 2017-2032
  • Table 6 : Global Market Volume (Tonnes) Forecast by Product Type, 2017-2032
  • Table 7 : North America Market Value (US$ Mn) Forecast by Country, 2017-2032
  • Table 8 : North America Market Volume (Tonnes) Forecast by Country, 2017-2032
  • Table 9 : North America Market Value (US$ Mn) Forecast by Application, 2017-2032
  • Table 10 : North America Market Volume (Tonnes) Forecast by Application, 2017-2032
  • Table 11 : North America Market Value (US$ Mn) Forecast by Product Type, 2017-2032
  • Table 12 : North America Market Volume (Tonnes) Forecast by Product Type, 2017-2032
  • Table 13 : Latin America Market Value (US$ Mn) Forecast by Country, 2017-2032
  • Table 14 : Latin America Market Volume (Tonnes) Forecast by Country, 2017-2032
  • Table 15 : Latin America Market Value (US$ Mn) Forecast by Application, 2017-2032
  • Table 16 : Latin America Market Volume (Tonnes) Forecast by Application, 2017-2032
  • Table 17 : Latin America Market Value (US$ Mn) Forecast by Product Type, 2017-2032
  • Table 18 : Latin America Market Volume (Tonnes) Forecast by Product Type, 2017-2032
  • Table 19 : Europe Market Value (US$ Mn) Forecast by Country, 2017-2032
  • Table 20 : Europe Market Volume (Tonnes) Forecast by Country, 2017-2032
  • Table 21 : Europe Market Value (US$ Mn) Forecast by Application, 2017-2032
  • Table 22 : Europe Market Volume (Tonnes) Forecast by Application, 2017-2032
  • Table 23 : Europe Market Value (US$ Mn) Forecast by Product Type, 2017-2032
  • Table 24 : Europe Market Volume (Tonnes) Forecast by Product Type, 2017-2032
  • Table 25 : East Asia Market Value (US$ Mn) Forecast by Country, 2017-2032
  • Table 26 : East Asia Market Volume (Tonnes) Forecast by Country, 2017-2032
  • Table 27 : East Asia Market Value (US$ Mn) Forecast by Application, 2017-2032
  • Table 28 : East Asia Market Volume (Tonnes) Forecast by Application, 2017-2032
  • Table 29 : East Asia Market Value (US$ Mn) Forecast by Product Type, 2017-2032
  • Table 30 : East Asia Market Volume (Tonnes) Forecast by Product Type, 2017-2032
  • Table 31 : South Asia & Pacific Market Value (US$ Mn) Forecast by Country, 2017-2032
  • Table 32 : South Asia & Pacific Market Volume (Tonnes) Forecast by Country, 2017-2032
  • Table 33 : South Asia & Pacific Market Value (US$ Mn) Forecast by Application, 2017-2032
  • Table 34 : South Asia & Pacific Market Volume (Tonnes) Forecast by Application, 2017-2032
  • Table 35 : South Asia & Pacific Market Value (US$ Mn) Forecast by Product Type, 2017-2032
  • Table 36 : South Asia & Pacific Market Volume (Tonnes) Forecast by Product Type, 2017-2032
  • Table 37 : MEA Market Value (US$ Mn) Forecast by Country, 2017-2032
  • Table 38 : MEA Market Volume (Tonnes) Forecast by Country, 2017-2032
  • Table 39 : MEA Market Value (US$ Mn) Forecast by Application, 2017-2032
  • Table 40 : MEA Market Volume (Tonnes) Forecast by Application, 2017-2032
  • Table 41 : MEA Market Value (US$ Mn) Forecast by Product Type, 2017-2032
  • Table 42 : MEA Market Volume (Tonnes) Forecast by Product Type, 2017-2032
  • Figure 1 : Global Market Value (US$ Mn) by Application, 2022-2032
  • Figure 2 : Global Market Value (US$ Mn) by Product Type, 2022-2032
  • Figure 3 : Global Market Value (US$ Mn) by Region, 2022-2032
  • Figure 4 : Global Market Value (US$ Mn) Analysis by Region, 2017-2032
  • Figure 5 : Global Market Volume (Tonnes) Analysis by Region, 2017-2032
  • Figure 6 : Global Market Value Share (%) and BPS Analysis by Region, 2022-2032
  • Figure 7 : Global Market Y-o-Y Growth (%) Projections by Region, 2022-2032
  • Figure 8 : Global Market Value (US$ Mn) Analysis by Application, 2017-2032
  • Figure 9 : Global Market Volume (Tonnes) Analysis by Application, 2017-2032
  • Figure 10 : Global Market Value Share (%) and BPS Analysis by Application, 2022-2032
  • Figure 11 : Global Market Y-o-Y Growth (%) Projections by Application, 2022-2032
  • Figure 12 : Global Market Value (US$ Mn) Analysis by Product Type, 2017-2032
  • Figure 13 : Global Market Volume (Tonnes) Analysis by Product Type, 2017-2032
  • Figure 14 : Global Market Value Share (%) and BPS Analysis by Product Type, 2022-2032
  • Figure 15 : Global Market Y-o-Y Growth (%) Projections by Product Type, 2022-2032
  • Figure 16 : Global Market Attractiveness by Application, 2022-2032
  • Figure 17 : Global Market Attractiveness by Product Type, 2022-2032
  • Figure 18 : Global Market Attractiveness by Region, 2022-2032
  • Figure 19 : North America Market Value (US$ Mn) by Application, 2022-2032
  • Figure 20 : North America Market Value (US$ Mn) by Product Type, 2022-2032
  • Figure 21 : North America Market Value (US$ Mn) by Country, 2022-2032
  • Figure 22 : North America Market Value (US$ Mn) Analysis by Country, 2017-2032
  • Figure 23 : North America Market Volume (Tonnes) Analysis by Country, 2017-2032
  • Figure 24 : North America Market Value Share (%) and BPS Analysis by Country, 2022-2032
  • Figure 25 : North America Market Y-o-Y Growth (%) Projections by Country, 2022-2032
  • Figure 26 : North America Market Value (US$ Mn) Analysis by Application, 2017-2032
  • Figure 27 : North America Market Volume (Tonnes) Analysis by Application, 2017-2032
  • Figure 28 : North America Market Value Share (%) and BPS Analysis by Application, 2022-2032
  • Figure 29 : North America Market Y-o-Y Growth (%) Projections by Application, 2022-2032
  • Figure 30 : North America Market Value (US$ Mn) Analysis by Product Type, 2017-2032
  • Figure 31 : North America Market Volume (Tonnes) Analysis by Product Type, 2017-2032
  • Figure 32 : North America Market Value Share (%) and BPS Analysis by Product Type, 2022-2032
  • Figure 33 : North America Market Y-o-Y Growth (%) Projections by Product Type, 2022-2032
  • Figure 34 : North America Market Attractiveness by Application, 2022-2032
  • Figure 35 : North America Market Attractiveness by Product Type, 2022-2032
  • Figure 36 : North America Market Attractiveness by Country, 2022-2032
  • Figure 37 : Latin America Market Value (US$ Mn) by Application, 2022-2032
  • Figure 38 : Latin America Market Value (US$ Mn) by Product Type, 2022-2032
  • Figure 39 : Latin America Market Value (US$ Mn) by Country, 2022-2032
  • Figure 40 : Latin America Market Value (US$ Mn) Analysis by Country, 2017-2032
  • Figure 41 : Latin America Market Volume (Tonnes) Analysis by Country, 2017-2032
  • Figure 42 : Latin America Market Value Share (%) and BPS Analysis by Country, 2022-2032
  • Figure 43 : Latin America Market Y-o-Y Growth (%) Projections by Country, 2022-2032
  • Figure 44 : Latin America Market Value (US$ Mn) Analysis by Application, 2017-2032
  • Figure 45 : Latin America Market Volume (Tonnes) Analysis by Application, 2017-2032
  • Figure 46 : Latin America Market Value Share (%) and BPS Analysis by Application, 2022-2032
  • Figure 47 : Latin America Market Y-o-Y Growth (%) Projections by Application, 2022-2032
  • Figure 48 : Latin America Market Value (US$ Mn) Analysis by Product Type, 2017-2032
  • Figure 49 : Latin America Market Volume (Tonnes) Analysis by Product Type, 2017-2032
  • Figure 50 : Latin America Market Value Share (%) and BPS Analysis by Product Type, 2022-2032
  • Figure 51 : Latin America Market Y-o-Y Growth (%) Projections by Product Type, 2022-2032
  • Figure 52 : Latin America Market Attractiveness by Application, 2022-2032
  • Figure 53 : Latin America Market Attractiveness by Product Type, 2022-2032
  • Figure 54 : Latin America Market Attractiveness by Country, 2022-2032
  • Figure 55 : Europe Market Value (US$ Mn) by Application, 2022-2032
  • Figure 56 : Europe Market Value (US$ Mn) by Product Type, 2022-2032
  • Figure 57 : Europe Market Value (US$ Mn) by Country, 2022-2032
  • Figure 58 : Europe Market Value (US$ Mn) Analysis by Country, 2017-2032
  • Figure 59 : Europe Market Volume (Tonnes) Analysis by Country, 2017-2032
  • Figure 60 : Europe Market Value Share (%) and BPS Analysis by Country, 2022-2032
  • Figure 61 : Europe Market Y-o-Y Growth (%) Projections by Country, 2022-2032
  • Figure 62 : Europe Market Value (US$ Mn) Analysis by Application, 2017-2032
  • Figure 63 : Europe Market Volume (Tonnes) Analysis by Application, 2017-2032
  • Figure 64 : Europe Market Value Share (%) and BPS Analysis by Application, 2022-2032
  • Figure 65 : Europe Market Y-o-Y Growth (%) Projections by Application, 2022-2032
  • Figure 66 : Europe Market Value (US$ Mn) Analysis by Product Type, 2017-2032
  • Figure 67 : Europe Market Volume (Tonnes) Analysis by Product Type, 2017-2032
  • Figure 68 : Europe Market Value Share (%) and BPS Analysis by Product Type, 2022-2032
  • Figure 69 : Europe Market Y-o-Y Growth (%) Projections by Product Type, 2022-2032
  • Figure 70 : Europe Market Attractiveness by Application, 2022-2032
  • Figure 71 : Europe Market Attractiveness by Product Type, 2022-2032
  • Figure 72 : Europe Market Attractiveness by Country, 2022-2032
  • Figure 73 : East Asia Market Value (US$ Mn) by Application, 2022-2032
  • Figure 74 : East Asia Market Value (US$ Mn) by Product Type, 2022-2032
  • Figure 75 : East Asia Market Value (US$ Mn) by Country, 2022-2032
  • Figure 76 : East Asia Market Value (US$ Mn) Analysis by Country, 2017-2032
  • Figure 77 : East Asia Market Volume (Tonnes) Analysis by Country, 2017-2032
  • Figure 78 : East Asia Market Value Share (%) and BPS Analysis by Country, 2022-2032
  • Figure 79 : East Asia Market Y-o-Y Growth (%) Projections by Country, 2022-2032
  • Figure 80 : East Asia Market Value (US$ Mn) Analysis by Application, 2017-2032
  • Figure 81 : East Asia Market Volume (Tonnes) Analysis by Application, 2017-2032
  • Figure 82 : East Asia Market Value Share (%) and BPS Analysis by Application, 2022-2032
  • Figure 83 : East Asia Market Y-o-Y Growth (%) Projections by Application, 2022-2032
  • Figure 84 : East Asia Market Value (US$ Mn) Analysis by Product Type, 2017-2032
  • Figure 85 : East Asia Market Volume (Tonnes) Analysis by Product Type, 2017-2032
  • Figure 86 : East Asia Market Value Share (%) and BPS Analysis by Product Type, 2022-2032
  • Figure 87 : East Asia Market Y-o-Y Growth (%) Projections by Product Type, 2022-2032
  • Figure 88 : East Asia Market Attractiveness by Application, 2022-2032
  • Figure 89 : East Asia Market Attractiveness by Product Type, 2022-2032
  • Figure 90 : East Asia Market Attractiveness by Country, 2022-2032
  • Figure 91 : South Asia & Pacific Market Value (US$ Mn) by Application, 2022-2032
  • Figure 92 : South Asia & Pacific Market Value (US$ Mn) by Product Type, 2022-2032
  • Figure 93 : South Asia & Pacific Market Value (US$ Mn) by Country, 2022-2032
  • Figure 94 : South Asia & Pacific Market Value (US$ Mn) Analysis by Country, 2017-2032
  • Figure 95 : South Asia & Pacific Market Volume (Tonnes) Analysis by Country, 2017-2032
  • Figure 96 : South Asia & Pacific Market Value Share (%) and BPS Analysis by Country, 2022-2032
  • Figure 97 : South Asia & Pacific Market Y-o-Y Growth (%) Projections by Country, 2022-2032
  • Figure 98 : South Asia & Pacific Market Value (US$ Mn) Analysis by Application, 2017-2032
  • Figure 99 : South Asia & Pacific Market Volume (Tonnes) Analysis by Application, 2017-2032
  • Figure 100 : South Asia & Pacific Market Value Share (%) and BPS Analysis by Application, 2022-2032
  • Figure 101 : South Asia & Pacific Market Y-o-Y Growth (%) Projections by Application, 2022-2032
  • Figure 102 : South Asia & Pacific Market Value (US$ Mn) Analysis by Product Type, 2017-2032
  • Figure 103 : South Asia & Pacific Market Volume (Tonnes) Analysis by Product Type, 2017-2032
  • Figure 104 : South Asia & Pacific Market Value Share (%) and BPS Analysis by Product Type, 2022-2032
  • Figure 105 : South Asia & Pacific Market Y-o-Y Growth (%) Projections by Product Type, 2022-2032
  • Figure 106 : South Asia & Pacific Market Attractiveness by Application, 2022-2032
  • Figure 107 : South Asia & Pacific Market Attractiveness by Product Type, 2022-2032
  • Figure 108 : South Asia & Pacific Market Attractiveness by Country, 2022-2032
  • Figure 109 : MEA Market Value (US$ Mn) by Application, 2022-2032
  • Figure 110 : MEA Market Value (US$ Mn) by Product Type, 2022-2032
  • Figure 111 : MEA Market Value (US$ Mn) by Country, 2022-2032
  • Figure 112 : MEA Market Value (US$ Mn) Analysis by Country, 2017-2032
  • Figure 113 : MEA Market Volume (Tonnes) Analysis by Country, 2017-2032
  • Figure 114 : MEA Market Value Share (%) and BPS Analysis by Country, 2022-2032
  • Figure 115 : MEA Market Y-o-Y Growth (%) Projections by Country, 2022-2032
  • Figure 116 : MEA Market Value (US$ Mn) Analysis by Application, 2017-2032
  • Figure 117 : MEA Market Volume (Tonnes) Analysis by Application, 2017-2032
  • Figure 118 : MEA Market Value Share (%) and BPS Analysis by Application, 2022-2032
  • Figure 119 : MEA Market Y-o-Y Growth (%) Projections by Application, 2022-2032
  • Figure 120 : MEA Market Value (US$ Mn) Analysis by Product Type, 2017-2032
  • Figure 121 : MEA Market Volume (Tonnes) Analysis by Product Type, 2017-2032
  • Figure 122 : MEA Market Value Share (%) and BPS Analysis by Product Type, 2022-2032
  • Figure 123 : MEA Market Y-o-Y Growth (%) Projections by Product Type, 2022-2032
  • Figure 124 : MEA Market Attractiveness by Application, 2022-2032
  • Figure 125 : MEA Market Attractiveness by Product Type, 2022-2032
  • Figure 126 : MEA Market Attractiveness by Country, 2022-2032

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