Thermic Fluids Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 – 2024

Transparency Market
Research
Thermic Fluids Market - Global Industry Analysis, Size,
Share, Growth, Trends and Forecast 2016 - 2024

Published Date
18-May-2016

195 Page Report

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Press Release

Thermic Fluids Market Anticipated to Reach US$4.17 bn by
2024; Demand Steered by Burgeoning Use in Concentrated
Solar Power : TMR
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Thermic Fluids Market

REPORT DESCRIPTION
Thermic Fluids Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 2024
Transparency Market Research has released a new market report titled, “Thermic Fluids Market - Global
Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024.” According to the report, the
global thermic fluids market was valued at US$2.25 bn in 2015 and is expected to reach US$4.17 bn by 2024,
expanding at 7.1% CAGR between 2016 and 2024.
Thermic fluids are commonly referred as heat transfer fluids or thermal fluids. Different types of thermic fluids
are hydrocarbon or mineral oil based fluids, silicone based fluids, aromatic fluids, and glycol based fluids.
Major end-use industries of thermic fluids include food & beverages, pharmaceuticals, chemicals, plastics, oil &
gas, concentrated solar power (CSP), and HVAC (heating, ventilation, and air conditioning). CSP is expected
to be fastest growing end-user segment in the global thermic fluid market during the forecast period due to
rising demand for renewable energy. However, volatility in prices of raw materials is likely to hamper thermic
fluids market growth during the forecast period.
Browse the full Thermic Fluids (Silicone & Aromatic Based, Mineral Oils Based, Glycol Based, and
Others) Market for Oil & Gas; Chemical; Concentrated Solar Power (CSP); Food & Beverage; Plastics;
Pharmaceuticals; Heating, Ventilation, and Air Conditioning...