LUCINTEL FORECASTS THE GLOBAL THERMIC FLUID MARKET IS EXPECTED TO GROW WITH A CAGR OF 3.7% FROM 2025 TO 2031

Lucintel Forecasts the Global Thermic Fluid Market is expected to grow with a CAGR of 3.7% from 2025 to 2031

Lucintel Forecasts the Global Thermic Fluid Market is expected to grow with a CAGR of 3.7% from 2025 to 2031

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According to a market report by Lucintel, the future of the global thermic fluid market looks promising with opportunities in the oil & gas, food processing, chemical manufacturing, laser CNC, pharmaceutical manufacturing, plastic, and concentrated solar power markets. The global thermic fluid market is expected to grow with a CAGR of 3.7% from 2025 to 2031. The major drivers for this market are the rising demand for energy-efficient heating systems, the growing industrial applications in chemical and oil & gas sectors, and the increasing adoption of renewable energy systems.

A more than 150-page report to understand trends, opportunity and forecast in thermic fluid market to 2031 by product (mineral oils, silicone-based, aromatic, glycol-based, and others), application (oil & gas, food processing, chemicals manufacturing, laser CNC, pharmaceuticals manufacturing, plastics, concentrated solar power, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).

Lucintel forecasts that, within the product category, mineral oil is expected to witness the highest growth over the forecast period.

Within the application category, oil & gas is expected to witness the highest growth.

Download sample by clicking on thermic fluid market

In terms of region, APAC is expected to witness the highest growth over the forecast period.

Eastman Chemical Company, ExxonMobil, Huntsman Corporation, Parathem Corporation, Royal Dutch Shell, Clariant, British Petroleum are the major suppliers in the thermic fluid market.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.comTo get access of more than 1000 reports at fraction of cost visit Lucintel'sAnalytics Dashboard.

About Lucintel

At Lucintel, we offer solutions for you growth through game changer ideas and robust market &unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.

Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056

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