COVID-19 Impacts: Heat Transfer Fluid Market will Accelerate at a CAGR of over 5% through 2020-2024 | Developing Chemical Industry in China And India to Boost Growth | Technavio

LONDON–(BUSINESS WIRE)–#GlobalHeatTransferFluidMarket–Technavio has been monitoring the heat transfer fluid market and it is poised to grow by USD 794.39 million during 2020-2024, progressing at a CAGR of over 5% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Please Request Latest Free Sample Report on COVID-19 Impact

The market is concentrated, and the degree of concentration will accelerate during the forecast period. BASF SE, BP Plc, Chevron Corp., Clariant International Ltd., Dynalene Inc., Eastman Chemical Co., Exxon Mobil Corp., LANXESS AG, Royal Dutch Shell Plc, and Dow Inc. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Developing chemical industry in China and India has been instrumental in driving the growth of the market. However, fluctuating crude oil prices might hamper the market growth.

Heat Transfer Fluid Market 2020-2024: Segmentation

Heat Transfer Fluid Market is segmented as below:

• End-user
  • Oil And Gas
  • Chemicals
  • CSP
  • Food And Beverage
  • Others
• Geography
  • APAC
  • Europe
  • North America
  • MEA
  • South America
• Type
  • Silicones And Aromatics
  • Mineral Oils
  • Glycol-based Fluids
  • Others

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Heat Transfer Fluid Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our heat transfer fluid market report covers the following areas:

• Heat Transfer Fluid Market size
• Heat Transfer Fluid Market trends
• Heat Transfer Fluid Market industry analysis

This study identifies market consolidation due to mergers and acquisitions as one of the prime reasons driving the heat transfer fluid market growth during the next few years.

Heat Transfer Fluid Market 2020-2024: Vendor Analysis

We provide a detailed analysis of around 25 vendors operating in the heat transfer fluid market, including some of the vendors such as BASF SE, BP Plc, Chevron Corp., Clariant International Ltd., Dynalene Inc., Eastman Chemical Co., Exxon Mobil Corp., LANXESS AG, Royal Dutch Shell Plc, and Dow Inc. Backed with competitive intelligence and benchmarking, our research reports on the heat transfer fluid market are designed to provide entry support, customer profile, and M&As as well as go-to-market strategy support.

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Heat Transfer Fluid Market 2020-2024: Key Highlights

• CAGR of the market during the forecast period 2020-2024
• Detailed information on factors that will assist heat transfer fluid market growth during the next five years
• Estimation of the heat transfer fluid market size and its contribution to the parent market
• Predictions on upcoming trends and changes in consumer behavior
• The growth of the heat transfer fluid market
• Analysis of the market�s competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of heat transfer fluid market vendors

Table Of Contents:

Executive Summary

Market Landscape

• Market ecosystem
• Value chain analysis

Market Sizing

• Market definition
• Market segment analysis
• Market size 2019
• Market outlook: Forecast for 2019 – 2024

Five Forces Analysis

• Five forces summary
• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition

Market Segmentation by End-user

• Market segments
• Comparison by End-user
• Oil and gas – Market size and forecast 2019-2024
• Chemicals – Market size and forecast 2019-2024
• CSP – Market size and forecast 2019-2024
• Food and beverage – Market size and forecast 2019-2024
• Others – Market size and forecast 2019-2024
• Market opportunity by End-user

Market Segmentation by Type

• Market segments
• Comparison by Type
• Silicones and aromatics – Market size and forecast 2019-2024
• Mineral oils – Market size and forecast 2019-2024
• Glycol-based fluids – Market size and forecast 2019-2024
• Others – Market size and forecast 2019-2024
• Market opportunity by Type

Customer landscape

• Overview

Geographic Landscape

• Geographic segmentation
• Geographic comparison
• APAC – Market size and forecast 2019-2024
• Europe – Market size and forecast 2019-2024
• North America – Market size and forecast 2019-2024
• MEA – Market size and forecast 2019-2024
• South America – Market size and forecast 2019-2024
• Key leading countries
• Market opportunity by geography

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

• Vendor landscape
• Landscape disruption
• Competitive scenario

Vendor Analysis

• Vendors covered
• Market positioning of vendors
• BASF SE
• BP Plc
• Chevron Corp.
• Clariant International Ltd.
• Dynalene Inc.
• Eastman Chemical Co.
• Exxon Mobil Corp.
• LANXESS AG
• Royal Dutch Shell Plc
• Dow Inc.

Appendix

• Scope of the report
• Currency conversion rates for US$
• Research methodology
• List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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