Thermic fluids market has shown an exceptional penetration in India. Growing usage of thermic fluids in pharmaceutical production, engineering and processing facilities are driving the market growth, whereas factor such as explosion hazards posed by HTFsis restraining the market growth.
According to Data Bridge Market Research for thermicfluids the market leader is Bharat Petroleum Corporation Limited whichaccounts an estimated market share of approximately10% to 12% in India.
Trends Impacting the Market
The thermic fluids market is becoming more competitive every year with companies such as Bharat Petroleum Corporation Limited, Chevron Corporation,and Indian Oil Corporation Ltd are dominating the market for Indiathermic fluids. Data Bridge Market Research new reports highlight the major growth factors and opportunities in the thermic fluids market.
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India thermic fluids market is further analyzed based on further segmentation.On the basis of type, the market is segmented into mineral oil, water (under pressure), PAG and glycols-based fluids, steam (saturated and superheated), molten salt and others.On the basis of source, the market is segmented into oxidation and thermal cracking. On the basis of application, the market is segmented into crude oil extraction and processing industries, natural gas processing plants, metal fabrication and finishing plants, food processing industries, rubber and plastic industries, paper industries, printing industries, textile industries, chemical industries, automobile, pharmaceuticals, building materials, plywood and laminates, others.
The thermic fluids are used in industrial applications as its increases the overall efficiency of the system on a wider range. Thermic fluids are high temperature fluids which may leads toexplosion if not handled properly.
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Key Market Competitors Covered in the Report
Above are the key players covered in the report to know about more and exhaustive list of thermic fluids companies contact us https://www.databridgemarketresearch.com/toc/?dbmr=india-thermic-fluids-market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include vendor positioning grid, market time line analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis and vendor share analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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India Thermic Fluids Market – Industry Trends and Forecast to 2027