Global Heat Transfer Fluids (HTFs) Market is likely to hit $2.0 billion by 2027 | Europe contributed to the highest market share in terms of revenue

As per the research report by Allied Market Research Says, Global Heat Transfer Fluids Market is anticipated to cross $2.0 billion by 2027, and register at a CAGR of 4.8% from 2020 to 2027. A heat transfer fluid is a gas or liquid that takes part in heat transfer by serving as an intermediary in cooling on …

Heat Transfer Fluids Market Trend, Outlook, Size, End-Use Industry and Region-Forecasts, 2020 to 2027

Allied Market Research published a new report, titled, “Heat Transfer Fluids Market by Type (Mineral Oils, Synthetic Fluids, Glycols, and Others) and End-Use Industry (Chemical, Oil & Gas, Food & Beverages, Pharmaceutical, Renewable Energy, Automotive, HVAC & Refrigeration, and Others): Global Opportunity Analysis and Industry Forecast, 2020-2027” The report offers an extensive analysis of key …

Heat Transfer Fluids Market to Hit $2.0 Billion By 2027

According to the report, the global heat transfer fluids industry generated $1.5 billion in 2019, and is expected to generate $2.0 billion by 2027, witnessing a CAGR of 4.8% from 2020 to 2027. Drivers, restraints, and opportunities Rise of the concentrated solar power industry across the globe, FDA approvals for food-grade heat transfer fluids (HTFs), and increase in natural gas production …