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Follow on Google News | World Thermic Fluids Market is Expected to Reach 712.3 kilo tons by 2020: Grand View ResearchGrandViewResearch.com has announced the addition of "Global Thermic Fluids Market Analysis And Segment Forecasts To 2020" Market Research report to their Database.
Mineral oils emerged as the leading product segment in the global market and accounted for 41.7% of the total thermic fluid volume in 2013. Mineral oils were followed by aromatic based thermic fluids, however, glycol based thermic fluids are expected to be the fastest growing product segment, at an estimated CAGR of 7.9% from 2014 to 2020. Increasing Concentrated Solar Power (CSP) capacity, mainly in the U.S. and Spain is expected to boost the demand for thermic fluids for these applications. The report “Thermic Fluids Market Analysis By Product (Mineral Oils, Aromatics, Glycols, Silicones), By Application (Oil & Gas, Food & Beverages, Chemical Industry, CSP, Plastics, Pharmaceuticals, HVAC) And Segment Forecasts To 2020,” is available now to Grand View Research customers and can also be purchased directly at http://www.grandviewresearch.com/ Inquiry Before Buying @ http://www.grandviewresearch.com/ Further key findings from the study suggest: • The global market for thermic fluids was 470.1 kilo tons in 2013 and is expected to reach 712.3 kilo tons by 2020, growing at a CAGR of 6.2% from 2014 to 2020. • Europe continued its dominance in the global market and accounted for 33.9% of total thermic fluid volume in 2013. Asia Pacific is expected to be the fastest growing regional market for thermic fluids, at an estimated CAGR of 6.9% from 2014 to 2020. • Oil & gas emerged as the leading application market for thermic fluids and accounted for just over 24% of total market volume in 2013. Concentrated solar power is expected to be the fastest growing application market for thermic fluids, at an estimated CAGR of 8.5% from 2014 to 2020. • The global market is highly concentrated as top four companies including Dow Chemical, Solutia, Exxon Mobil and Shell accounted for over 60% of the total demand in 2013. British Petroleum, Paratherm and Chevron Corporation are amongst other significant market participants operating in the global market. Request Free Sample of This Report @ http://www.grandviewresearch.com/ For the purpose of this study, Grand View Research has segmented the global thermic fluids market on the basis of product, application and region: • Global Thermic Fluids Product Outlook (Volume, Kilo tons; Revenue, USD Million, 2012 - 2020) - Mineral Oils - Aromatics - Glycol (Ethylene & Propylene) - Silicones - Other (including Molten Salts & HFPE) • Global Thermic Fluids Application Outlook (Volume, Kilo tons; Revenue, USD Million, 2012 - 2020) - Oil & Gas - Chemical Industry - Concentrated Solar Power (CSP) - Food & Beverages - Plastics - Pharmaceuticals - HVAC - Others (including Transport, Biodiesel and Waste Heat Recovery etc) • Thermic Fluids Regional Outlook (Volume, Kilo tons; Revenue, USD Million, 2012 - 2020) - North America - Europe - Asia Pacific - RoW Browse All Petrochemicals Market Reports @ http://www.grandviewresearch.com/ Latest Market Research Published By Grand View Research: Enzymes Market Analysis By Product (Carbohydrase, Proteases, Lipases, Polymerases & Nucleases) And Segment Forecasts To 2020 ( http://www.grandviewresearch.com/ RFID Smart Cabinets Market By Country (Poland, UK, Netherlands, Belgium, U.S., Canada, Mexico, India, China, Brazil, Japan, Australia, Argentina, Germany, France, Chile) Analysis And Segment Forecasts To 2020 ( http://www.grandviewresearch.com/ About Grand View Research Grand View Research, Inc. is a market research and consulting company that provides off-the-shelf, customized research reports and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and energy. With a deep-seated understanding of varied business environments, Grand View Research provides strategic objective insights. For more information, visit http://www.grandviewresearch.com/ Contact: Sherry James, Corporate Sales Specialist Grand View Research, Inc San Francisco, California, USA Phone: 1-415-349-0058 Toll Free: 1-888-202-9519 sales@grandviewresearch.com http://www.grandviewresearch.com End
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