Thermic Fluids Market - Thermic Fluids Are Predominantly Employed to Save and Transfer Heat Energy in the Oil & Gas Industry

Thermic fluids offer advantages over traditional steam systems. Hence, the demand for thermic fluids is anticipated to increase during the forecast period. However, fluctuations in prices of raw materials is estimated to hamper market growth.


Albany, NY -- (SBWIRE) -- 06/16/2016 -- This report analyzes and forecasts the market for thermic fluids at the global and regional level. The market has been forecast based on volume (kilo tons) and revenue (US$ Mn) from 2016 to 2024. The study includes drivers and restraints of the global thermic fluids market. It also covers the impact of these drivers and restraints on demand for thermic fluids during the forecast period. The report also highlights opportunities in the thermic fluids market at the global and regional level.

The report includes detailed value chain analysis, which provides a comprehensive view of the global thermic fluids market. Porter's Five Forces Model for the thermic fluids market has also been included to help understand the competitive landscape. The study encompasses market attractiveness analysis, wherein end-use industries are benchmarked based on market size, growth rate, and general attractiveness.

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The study provides a critical view of the global thermic fluids market by segmenting it in terms of end-user industries. These segments have been analyzed based on present and future trends. Regional segmentation includes current and forecast demand for thermic fluids in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report also covers demand for thermic fluids in end-user segments in all the regions.

The study includes profiles of major companies operating in the global thermic fluids market. Key players in the thermic fluids market include The Dow Chemical Company, Exxon Mobil, Eastman Chemical Company, British Petroleum, Shell, BASF SE, Dynalene Inc., Paratherm Corporation, Multitherm LLC, and Kost USA, Inc. Market players are profiled in terms of attributes such as company overview, financial overview, business strategies, and recent developments.

The report provides the estimated market size of thermic fluids for 2015 and forecast for the next eight years. The global market size of thermic fluids is provided in terms of both volume and revenue. Market numbers are estimated based on end-uses of thermic fluids. Market size and forecast for each major end-use and product are provided in terms of global and regional markets.

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In order to compile the research report, we conducted in-depth interviews and discussions with a number of key industry participants and opinion leaders. Primary research represents the bulk of research efforts, supplemented by extensive secondary research. We reviewed the key players' product literature, annual reports, press releases, and relevant documents for competitive analysis and market understanding. Secondary research includes a search of recent trade, technical writing, Internet sources, and statistical data from government websites, trade associations, and agencies. This has proven to be the most reliable, effective, and successful approach for obtaining precise market data, capturing industry participants' insights, and recognizing business opportunities.

Secondary research sources that are typically referred to include, but are not limited to are company websites, annual reports, financial reports, broker reports, investor presentations, SEC filings, internal and external proprietary databases, and relevant patent and regulatory databases such as ICIS, Hoover's, oneSOURCE, Factiva, and Bloomberg, national government documents, statistical databases, trade journals, market reports, news articles, press releases, and webcasts specific to companies operating in the market.

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Primary research involves e-mail interactions, telephonic interviews, category, segment, and sub-segment across geographies. We conduct primary interviews on an ongoing basis with industry participants and commentators to validate data and analysis. Primary interviews provide firsthand information on market size, market trends, growth trends, competitive landscape, outlook, etc. These help validate and strengthen secondary research findings. These also help develop the analysis team's expertise and market understanding.

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