The Report "Heat Transfer Fluids Market by Type (Mineral Oils, Synthetic Fluids, And Glycols), End-Use Industry (Chemical, Oil & Gas, Automotive, Renewable Energy, Pharmaceuticals, Food & Beverage, And HVACR), And Region – Global Forecast To 2025", The global heat transfer fluids (HTFs) market size is expected to grow from USD 3.1 billion in 2019 to USD 4.9 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 9.9% during the forecast period. The major factors driving the HTFs market include high demand from the chemical industry, growth of the global solar power sector, and improved performance of heat transfer fluids.
Get PDF brochure of the report: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=861
Browse 65 market data Tables and 36 Figures spread through 113 Pages and in-depth TOC on "IoT in Construction Market”
The synthetic fluids segment is expected to hold the largest market size in the global HTFs market during the forecast period
The HTFs market has been segmented based on types into four categories: mineral oils, synthetic fluids, glycols, and others. Among these types, the synthetic fluids segment is estimated to account for the largest share of the market in 2019. Synthetic fluids are generally superior to other types and offer high thermal stability. The synthetic fluids segment is also projected to be the fastest-growing in the overall HTFs market during the forecast period, as it provides enhanced lubricity at different temperatures and high thermal stability.
Renewable energy end-use industry is expected to grow at the highest CAGR in the global HTFs market during the forecast period
Renewable energy end-use industry is growing rapidly owing to the rising demand for clean energy production. HTFs are used to store energy, control temperature, transfer heat, and cooling during various processes in the renewable energy industry. They also offer excellent oxidation resistance, enhance system efficiency, and high thermal stability in these processes. With the increasing demand for renewable energy, the HTFs market has high growth prospects.
APAC is expected to hold the largest market size in the global HTFs market during the forecast period
APAC is estimated to be the largest and the fastest-growing market for heat transfer fluids. The countries in the APAC region are expanding their production capacities and investing in new projects to decrease dependence on imports and thereby boosting regional energy security and autonomy. The increasing population, urbanization, and standard of living in the region result in providing an impetus to industrialization, which, in turn, leads to the growth of the HTFs market. Some of the major end-use industries having high growth potential for HTFs in the region are renewable energy, HVACR, chemical, and automotive.
Major vendors in the HTFs market include 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), and Solvay (Belgium).
Early buyers will receive 10% free customization on this report.
Don't miss out on business opportunities in Heat Transfer Fluids Market.
Speak to Our Analyst and gain crucial industry insights that will help your business grow.
https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=861
About MarketsandMarkets
MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications.
Contact:
Mr. Sanjay Gupta
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: 1-888-600-6441
[email protected]
The report "Polyurethane Market by Raw Material (MDI, TDI, Polyols), Product (Coatings, Adhesives & Sealants, Flexible & Rigid Foams, Elastomers), End User (Building & Construction, Automotive & Transportation, Bedding & Furniture) - Global Forecast to 2021", The market is driven by the increasing trend in manufacturing light weight & low carbon emitting vehicles and the improved living standards.
Get PDF brochure of the report: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=151784541 Browse 114 market data tables and 52 figures spread through 183 pages and in-depth TOC on “Polyurethane Market” Bedding & Furniture: Largest End-User of the Polyurethane MarketIn 2015, the bedding & furniture end-use industry accounted for the largest market share in terms of volume, followed by the building and construction, appliances & white goods and automotive & transportation end-users.
The growing urbanization and the improved living standards of the populations, increasing usage of low cost material in the insulation of buildings, and white goods drives the polyurethane market.
Rigid Foam: The Fastest-growing Product Type Segment of the Polyurethane MarketRigid foam products based on polyurethane systems are estimated to grow at the highest CAGR from 2016 to 2021, in terms of volume.
The excellent properties of rigid foam products such as, easy availability, low cost, recyclability, and easy to use, are driving the demand for this segment.
However, India and Thailand are the fastest-growing markets for polyurethane in the region.The following factors are the main driving forces for the polyurethane market in the Asia-Pacific region:The increasing residential building & construction activities are driving the market in the Asia-Pacific region Growing automotive manufacturing activities are expected to drive the demand for polyurethane in the ASEAN countries Covestro AG (Germany), BASF SE (Germany), The Dow Chemical Company (U.S.), Wanhua Chemical Group Co. Ltd. (China), and Huntsman Corporation (U.S.) are the key players in the polyurethane market.
The Business Research Company published its Propylene Global Market Report 2020 which provides strategists, marketers and senior management with the critical information they need to assess the global propylene market.
The report covers the propylene market’s segments- by end-use industry into automotive, construction, packaging, textile, others.View Complete Report: https://www.thebusinessresearchcompany.com/report/propylene-global-market-reportPropylene Global Market Report 2020 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies.
The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country.
It covers all the regions, key developed countries and major emerging markets.
The major regions included in the report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
The propylene market consists of sales of propylene gas and its related services used in various industry verticals such as automotive, construction, and packaging industries.
Asia-Pacific drug safety solutions and pharmacovigilance market is projected to register a substantial CAGR in the forecast period of 2019 to 2026.Drug safety and pharmacovigilance was introduced 170 years ago for detection, assessment, and understanding of the drug action.
The experiment was discovered by Sir James Simpson that chloroform was a powerful anesthetic and for safer use it can be applied in the clinical practices.
The cause of Hannah’s death was studied in order to understand what happened to Hannah as it was difficult to assess the cause of her death and it was assumed that probably lethal arrhythmia or pulmonary aspiration was the main reason leading to such unfavourable situation.
Additionally, in 1961, the U.S. FDA also prohibited false therapeutic indications of drugs.Also, in 1961, European Pharmacovigilance was established after the tragedy of thalidomide which caused an adverse drug reaction named as phocomelia.
In the U.S., ADRs are among the top 10 causes of death, and in the U.K., it was observed that ADRs may cause 5,700 deaths per year.Get More Insights about Asia-Pacific drug safety solutions and pharmacovigilance market, Request Sample @ https://www.databridgemarketresearch.com/request-a-sample/?dbmr=asia-pacific-drug-safety-solutions-and-pharmacovigilance-marketSegmentation: Asia-Pacific Drug Safety Solutions and Pharmacovigilance MarketAsia-Pacific drug safety solutions and pharmacovigilance market is segmented into three notable segments which are type, end user and distribution channel.· On the basis of type, the market is segmented into software and services· On the basis of end user, the market is segmented into hospitals, healthcare providers, pharmaceutical & biotechnology industries, KPOs/BPOs, contract research organizations (CROS) and others· On the basis of distribution channel, the market is segmented into direct sales and retail salesKnow more about this report https://www.databridgemarketresearch.com/reports/asia-pacific-drug-safety-solutions-and-pharmacovigilance-marketAsia-Pacific Drug Safety Solutions and Pharmacovigilance Market By Type (Software, Services), End Users (Biotechnology & Pharmaceuticals, Contract Research Organizations (CROS), Hospitals, KPOs/BPOs, Healthcare Providers), Distribution Channel (Direct Sales, Retail Sales), Country (China, Japan, South Korea, India, Australia, Singapore, Thailand, Malaysia, Indonesia, Philippines, Vietnam, Rest of Asia-Pacific) – Industry Trends and Forecast to 2026Competitive Analysis: Asia-Pacific Drug Safety Solutions and Pharmacovigilance MarketSome of the major players operating in Asia-Pacific drug safety solutions and pharmacovigilance market are Pharmaceutical Product Development, LLC, Drug Safety Solutions Limited, C3i, Worldwide Clinical Trials, Bioclinica, United Biosource LLC, Ennov, AB Cube, Covance Inc., Accenture, PRA Health Sciences, Inc., Ergomed, IQVIA, Genpact, Cognizant, Parexel International Corporation, ArisGlobal, ICON plc, Oracle, Syneos Health among others.Get Access Report @ https://www.databridgemarketresearch.com/checkout/buy/singleuser/asia-pacific-drug-safety-solutions-and-pharmacovigilance-marketRecent DevelopmentsIn November 2019, Oracle launched safety-reporting platform in China with dMed Biopharmaceuticals.
The company will provide pharmacovigilance systems to Chinese drug makers and clinical research organisations (CROs).
