市场概况

The global heat transfer fluids market had a valuation of $3.6 十亿 2021 and is estimated to exceed $4 十亿 2027, exhibiting a CAGR of 5.6% 从 2022 到 2027. Heat transfer fluid serves as an intermediary liquid or gas that transfers heat from a source to other heat-dependent processes. It is employed in industrial and various applications where temperature regulation within a closed circuit and continuous cycle is required.

Prominent companies are focusing on enhancing the efficiency, longevity, and safety of heat transfer fluids. 现在, mineral oil-based fluids dominate the market due to their lower cost compared to other types. 然而, the glycol-based heat transfer fluid market is expected to grow at a faster rate owing to advantages such as low viscosity, low toxicity, and antifreeze properties, making it suitable for diverse applications.

The rapid industrialization of emerging economies has led to increased production and the adoption of new technologies to enhance productivity and efficiency. The manufacturing sector, experiencing high production rates, exhibits significant demand for heat transfer fluids in machining and casting industries. These fluids are used in equipment to facilitate heat transfer and maintain desired system temperatures. 最后, the installation of heat transfer fluid systems in new facilities worldwide has surged to support process efficiency growth in sectors such as chemicals, 汽车, metal processing, 发电, and oil & 气体.

It is important to note that heat transfer fluids have a limited effective lifespan. 随着时间的推移, constant use can lead to degradation, resulting in costly maintenance and potential shutdowns due to diminished heat transfer capacity. Thermal cracking, oxidation, and contamination are the primary causes of heat transfer fluid degradation. Regardless of the type of thermal fluid employed, it should be replaced periodically. With a global focus on the environmental impact of chemicals and corporate sustainability objectives, heat transfer fluid users are actively seeking alternatives to the disposal of used fluids through methods like burning or landfilling.

市场细分

市场根据多种因素进行细分, 包括类型, end-use, 和地区.

按类型细分
Mineral Oil
Glycol
合成的
其他的

Segmentation by End-Use
油 & Gas
化学
食物 & 饮料
制药
Renewable Energy
其他的

按地理位置细分
北美 – 我们, 加拿大
欧洲 – 德国, 法国, 意大利, 西班牙, 俄罗斯, 欧洲其他地区
亚太地区 – 中国, 日本, 印度, 韩国, 澳大利亚, 亚太地区其他地区
拉美 – 巴西, 墨西哥, 拉丁美洲其他地区
中东 & 非洲 – 南非, 阿联酋, 伊拉克, 中东其他地区 & 非洲

During the forecast period, the global mineral oil heat transfer fluid market is projected to grow at a CAGR of 5.77%.

在 2021, mineral oil-based heat transfer fluids accounted for the largest share of the global heat transfer fluid market. The key factors driving the growth of mineral oil-based fluids are their affordability and longer lifespan. These fluids offer a wide temperature range, are non-toxic, and have minimal environmental impact. They find applications in various industries such as desalination, food production, beverage processing, biodiesel production, specialty chemical production, and batch chemical production.

Heat transfer fluids play a crucial role in heating or cooling operations in refineries, gas processing facilities, offshore plants, manufacturing plants, and other related industries. They provide precise temperature control, thermal stability, and non-fouling properties in applications such as refining units, boilers, reactors, and storage tanks. High-temperature operations in oil refineries and pump stations along oil pipelines require heat transfer fluids to maintain optimal viscosity for efficient pumping. The global oil & gas heat transfer fluid market is expected to grow at a CAGR of 5.83% 在预测期内.

亚太地区 (亚太地区) region holds the dominant position in the heat transfer fluid market, followed by North America. APAC comprises emerging economies such as China, 日本, 韩国, 印度, and Australia. The presence of low-cost labor and rapid industrialization has significantly boosted the manufacturing sector, driving the demand for heat transfer fluids. 此外, the growing population in countries like China and India has increased the demand for food processing, consequently driving the need for food-grade heat transfer fluids.

竞争格局

The global heat transfer fluid market is experiencing an increasingly competitive landscape. Vendors are facing challenges due to the fluctuating prices of raw materials, which are impacting their operations. In order to stay ahead, manufacturers are making significant investments in research and development (右&D), and these initiatives require ongoing financial commitment. To ensure a sustainable presence in the market, companies are adopting collaborative partnerships as a key strategy. Through such associations or acquisitions, there is a mutual exchange of technologies and a delivery of improved products.

The market is characterized by the presence of numerous global players across different geographical regions. Major players in the heat transfer fluid market include Dow (我们), 伊士曼化学公司, ExxonMobil (我们), 科莱恩 (CH), Arkema (FR), Chevron (我们), and Schultz (CN).

Key companies profiled in this report include Dow, 伊士曼化学公司, ExxonMobil, 科莱恩, Arkema, Chevron Corporation, Shell plc, Phillips 66, Radco Industries, Lanxess, Paratherm, Indian Oil Corporation ltd, CFR Chemicals, Sinopec, Sasol, Total Energies, Schulz, Petro-Canada, Eastern Petroleum Private Limited, Huntsman Corporation, HP Lubricant.

已回答的关键问题

WHAT IS THE ESTIMATED MARKET SIZE OF HEAT TRANSFER FLUIDS?

The heat transfer fluids market is projected to reach USD 4.9 十亿 2027, 从美元上涨 3.6 十亿 2021.

WHAT IS THE EXPECTED GROWTH RATE OF THE HEAT TRANSFER FLUIDS MARKET?

The heat transfer fluids market is anticipated to grow at a compound annual growth rate (复合年增长率) 的 5.6% 在预测期内.

WHO ARE THE MAJOR PLAYERS IN THE HEAT TRANSFER FLUIDS (HTFs) MARKET?

Key players in the heat transfer fluids (HTFs) market include Dow, 伊士曼化学公司, ExxonMobil, 科莱恩, and Arkema.

WHICH REGION DOMINATES THE HEAT TRANSFER FLUIDS (HTFs) MARKET IN TERMS OF MARKET SHARE?

亚太地区 (亚太地区) region holds the largest market share in the heat transfer fluids (HTFs) 市场.

WHICH END-USER SEGMENT IS EXPECTED TO EXPERIENCE THE HIGHEST GROWTH RATE IN THE HEAT TRANSFER FLUIDS (HTFs) MARKET?

The oil & gas end-user segment is expected to witness the fastest growth rate in the global heat transfer fluids market.