Thermic Fluids Market Analysis, Market Size, Application Analysis, Regional Outlook, Competitive Strategies and Forecasts, 2012 to 2020

Hexa Research Inc.

Industry Research,Custom Research & Consulting

Thermic Fluids Market Analysis, Market Size, Application

Analysis, Regional Outlook, Competitive Strategies And

Forecasts, 2012 To 2020

Industry Insights

Thermic fluids are extensively used in applications where high temperature of processing machines is to

be maintained and carry the heat energy produced during the process. These fluids have found vast

applications in major industrial applications. Major end-use industries of these fluids include

concentrated solar power (CSP), foods & beverages, pharmaceuticals, oil & gas, plastics, chemicals and

HVAC (heat, ventilation and air conditioning).

Increasing demand from these end-use applications is the key factor expected to surge thermic fluids

market growth over the forecast period. Growing production of CSP is the key factor anticipated to

boost thermic fluids demand over the next five years. Growing renewable energy demand coupled with

increasing awareness towards solar power is likely to augment the market growth over the foreseeable

period. Thermic fluids are used to improve the efficiency of CSP plants.

Browse Detail Report With TOC @ http://www.hexaresearch.com/research-report/thermic-fluidsindustry/

Hexa Research Inc.

Industry Research,Custom Research & Consulting

Thermic fluids market is anticipated to witness strong growth on account of increasing demand from

CSP power plants. Furthermore, rapid growth in CSP power plants in countries such as U.S.A. and Spain

is expected to complement the market growth over the next five years. Increasing application scope of

thermic fluid in oil & gas industry is anticipated to have positive impact on the market growth over the

foreseeable period.

Growing awareness towards advantages of thermic fluid systems over steam systems is anticipated to

boost thermic fluids demand in near future. Rapid industrialization in BRICS is anticipated to boost oil &

gas demand, which directly impacts thermic fluids...