Baby Diapers Market Is Anticipated To Reach $64.62 Billion By 2022: Grand View Research, Inc.

The global baby diapers market is expected to reach USD 64.62 billion by 2022, according to a new report by Grand View Research, Inc. Increasing disposable income level coupled with increasing birth rates particularly in emerging markets is expected to remain a key driving factor for global baby diapers market. Growing awareness regarding baby’s health and novel products resulting from technological advances are other critical factors that are presumed to positively impact the baby diaper market over the forecast period. Increasing working women ratio is another key factor that is expected to aid the market over the next seven years.

Health awareness regarding health hazards resulting from chemicals used in disposable diapers is anticipated to hamper the global baby diaper market growth over the forecast period. Technological advances resulting in novel products with superior properties promise ample opportunities for the industry participants. Rapid e-commerce growth particularly in the developing markets is expected to provide abundant penetration opportunities to the industry participants in the near future.

North America baby diapers market revenue by product, 2012-2022, (USD Million)

Browse full research report On Baby Diapers Market: http://www.grandviewresearch.com/industry-analysis/baby-diapers-market 

                            

Further key findings from the report suggest:

• Global baby diaper market was USD 39.97 billion in 2014 and is expected to reach USD 64.62 billion in 2022, growing at an estimated CAGR of 6.2% from 2014 to 2022.
• Disposable diapers dominated the global market with nearly two-thirds of the total revenue in 2014 and are expected to witness a CAGR of 5.4% over the forecast period. Cloth diapers market were the second largest product segment for baby diapers market. Bio-degradable diapers are projected to witness the highest growth rate over the forecast period.
• Pre-fold cloth diapers dominated the cloth diapers market in 2014 and are presumed to witness a CAGR of 10.5% from 2015 to 2022. Other cloth diaper products include flat cloth diapers, fitter cloth diapers, all-in-one cloth diapers and other cloth diapers.
• Disposable diaper market products include ultra absorbent disposable diapers, super absorbent disposable diapers, regular disposable diapers and bio-degradable disposable diapers. Regular disposable diapers are projected to witness a CAGR of 2.2% over the forecast period.
• The industry is characterized by companies taking strong initiatives to enhance product portfolio and increase their production capacity to cater to the growing demand from the developing regions. Key industry participants include P&G, Hengan, Unicharm, Phillips Healthcare, Kimberly Clark, SCA and Associated Hygiene.

Browse more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/personal-care-and-cosmetics                          

Grand View Research has segmented the baby diapers market on the basis of product and region:

Global Baby Diapers Product Outlook (Revenue, USD Million, 2012 - 2022)

• Cloth Diapers
• Flat cloth diapers
• Fitted cloth diapers
• Pre-fold cloth diapers
• All-in-one cloth diapers
• Other
• Disposable Diapers
• Ultra absorbent disposable diapers
• Regular disposable diapers
• Super absorbent disposable diapers
• Bio-degradable disposable diapers
• Training Nappy
• Swim Pants
• Biodegradable Diapers

Global Baby Diapers Regional Outlook (Revenue, USD Million, 2012 - 2022)

• North America
• Europe
• Asia Pacific
• Latin America, Middle East & Africa (LAMEA)

Access Press Release By Grand View Research: http://www.grandviewresearch.com/press-release/global-baby-diapers-market                                               

About Grand View Research:

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more information: http://www.grandviewresearch.com

Wax Market Is Anticipated To Grow At A 3.7%from 2014 to 2025: Grand View Research, Inc.

The global wax market is expected to reach USD 12.9 billion by 2025, and is expected to grow at a CAGR of 3.7% from 2017 to 2025, according to a report by Grand View Research, Inc. Rising demand for the product owing to its superior properties including high gloss, non-toxicity, good water repellency and outstanding chemical resistance is anticipated to augment the industry size over the forecast period.

The growing consumption of synthetic wax as it offers various properties such as thermal degradation resistance, high temperature stability and good heat resistance is likely to increase its demand in creams, eye make-ups and lipsticks in cosmetics applications.

Natural wax has been emerging as a potential mineral and synthetic wax alternative on account of its ability to provide luster and excellent oil retention coupled with environment friendly nature. High scuff-resistant toughness and melting point, and chemical stability of the product as a substitute to paraffin, microcrystalline and polyethylene waxes is expected to witness promising gains over the upcoming years.

The candles accounted for 36.01% of the overall revenue share in 2016 and is expected to witness growth owing to high usage of the product are as gift items for various occasions, including house warming gifts, adult birthday party gifts as well as thank you and dinner/hostess party gifts. The increasing demand for blended, palm and soy waxes in candles industry is expected to augment the overall wax consumption in the near future.

U.S. wax market revenue by product, 2014 - 2025 (USD million)

Browse full research report on Wax Market: http://www.grandviewresearch.com/industry-analysis/wax-market        

           

Further key findings from the report suggest:

• Mineral wax is likely to witness significant volume gains with a predicted CAGR of 3.3% from 2017 to 2025 on account of rising consumption of the product in detergents, rubber solutions, aerosol formulation, adhesives, household cleaners, tire manufacturing, and wood treatment applications.
• North America was the dominant market and accounted for 34.9% of the overall revenue share in 2016. The rising consumption of the product in packaging of milk cartons, paper drinking cups and waxed paper is anticipated to drive the market growth over the forecast period.
• The cosmetics application is anticipated to augment the U.S. industry consumption as a result of rising demand for various skin-care products such as face masks, creams and peels.The U.S. market has also demonstrated a shift in demand towards natural and organic cosmetics, thereby providing further avenues for growth.  
• Key players dominating the industry are Evonik Industries AG, ExxonMobil Corp., Sinopec Corp., CNPC, BASF SE, Royal Dutch Shell Plc. And HollyFrontier Corp.
• Industry is highly competitive with companies undertaking several initiatives including frequent mergers, acquisitions, capital expansion and strategic alliances. Growing plastics and rubber processing sector along with rising consumption of adhesives, fire logs, and candles and decorative products applications is projected to propel the industry demand.
• In June 2017, BASF SE introduced a new plant for waxes and emollients in Jinshan, Shanghai, China. This plant, having invested over €20 million by the company, was inaugurated on account of further enhancing and complementing BASF’s then current production of primary surfactants, emulsifiers and wax esters, and to serve the personal care industry in China as well as in Asia Pacific.

• In July 2017, Royal Dutch Shell Plc. introduced new wax products, namely Slackwax 120 and Slackwax 60. These new products will be produced at its manufacturing site in Pulau Bukom, Singapore. By producing over 60,000 tons of these products, the company is aimed at serving its customers in Europe, the U.S. and Asia.

Browse more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/organic-chemicals-and-compounds                     

Grand View Research has segmented the wax market on the basis of product, application, and region:

Product Outlook (Volume, Tons; Revenue, USD Million; 2014 - 2025)

• Mineral wax
• Synthetic Wax
• Natural Wax

Application Outlook (Volume, Tons; Revenue, USD Million; 2014 - 2025)

• Candles
• Packaging
• Plastic & Rubber
• Cosmetics & Toiletries
• Fire Logs
• Adhesives

Regional Outlook (Volume, Tons; Revenue, USD Million; 2014 - 2025)

• North America
• U.S.
• Canada
• Europe
• Germany
• UK
• Asia Pacific
• China
• India
• Central & South America
• Brazil
• Middle East & Africa

Access Press Release By Grand View Research: http://www.grandviewresearch.com/press-release/global-wax-market                                       

About Grand View Research:

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more information: http://www.grandviewresearch.com

Automotive Tinting Film Market Is Predicted To Grow Swiftly Due To Increasing Demand For Passenger Vehicles Till 2025: Grand View Research, Inc.

The global automotive tinting film market is expected to reach USD 4.48 billion by 2025, according to a new report by Grand View Research, Inc. The increasing installation of tinting films on windows and windshields is expected to drive the market growth.

Rapid expansion of automotive sector in China, Japan, and Argentina is expected to trigger consumption of tinting films over the forecast period. Increasing consumer disposable income coupled with technological advancements such as the advent of bio-based polyester films is expected to fuel market growth.

The benefits offered by the product include heat protection, protection against harmful UV rays, glare, and improved vehicle aesthetics. Growing consumer awareness regarding the benefits along with recovery of automotive industry across the globe is expected to drive demand.

Tinting films help in reducing solar heat gain & winter heat loss and maintain sustainable & comfortable environment. In addition, the use of Ultra Violet-A filtering tinting films reduce the risk of skin cancer & skin damage. Environmental benefits offered by product along with rising safety concerns among consumers is expected to drive growth.

U.S. automotive tinting film market revenue by application, 2014 - 2025 (USD Million)

Browse full research report on Automotive Tinting Film Market: Http://Www.Grandviewresearch.Com/Industry-Analysis/Automotive-Tinting-Film-Market 

              

Further key findings from the report suggest:

• Window tints installed on the windshields block around 43% heat and 99% UV rays, which is expected to augment product demand. Windshields application segment is projected to account for 60.2% by 2025.
• Passenger cars accounted for 66% of global tinting film industry in 2016 on account of the growing demand for window tints in premium passenger cars to protect center console and automotive electronics from heating
• LCVs are expected to denote a CAGR of 5.3% owing to the use of the vehicles for home deliveries and improvements in trade and transportation in developed economies of North America and Europe
• North America accounted for the largest revenue share in 2016 on account of growing demand for window tints in windshields to enhance glare protection for improved clarity while driving
• China accounted for the largest revenue share in Asia Pacific and expected to grow at a predicted CAGR of 6.1% on account of growing demand for luxury cars coupled with increasing installation of colored tints in the country
• Companies including 3M and Eastman have goodwill in the industry, which gives them an added advantage over local manufacturers in expanding the distribution network to maintain competitive prices

Browse more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/plastics-polymers-and-resins        

           

Grand View Research has segmented the global automotive tinting film market on the basis of application, vehicle type, and region:

Application Outlook (Revenue, USD Million; 2014 - 2025)

• Windows
• Windshields

Vehicle Type Outlook (Revenue, USD Million; 2014 - 2025)

• Passenger Cars
• Light Commercial Vehicles (LCVs)
• Heavy Commercial Vehicle (HCVs)

Regional Outlook (Revenue, USD Million; 2014 - 2025)

• North America
• U.S.
• Europe
• Germany
• U.K
• Asia Pacific
• China
• India
• Japan
• Central & South America
• Brazil
• Middle East & Africa

Access Press Release By Grand View Research: http://www.grandviewresearch.com/press-release/global-automotive-tinting-film-market    

                               

About Grand View Research:

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more information: http://www.grandviewresearch.com

Carbon Black Market Is Predicted To Grow Swiftly Due To Increasing Automotive Sales & Consequent Rise In Tire Production Till 2025: Grand View Research, Inc.

The global carbon black market is expected to reach USD 28.05 billion by 2022, according to a new report by Grand View Research, Inc. Increasing automotive sales and consequent rise in tire production is expected to drive industry growth over the forecast period. 

High demand for plastics and high performance coatings in automotive manufacturing is also expected to have a positive influence on the market growth. Carbon black provides electrical conductivity and antistatic properties to many plastic products ranging from insulation materials to highly conductive areas. 

Policies aimed at reducing GHG emissions during carbon black production processes may hamper growth trajectory over the forecast period. Since the production process is highly energy intensive, optimization of processes and greener & sustainable alternatives are paramount to tackle such issues in future. 

U.S. carbon black market volume by application, 2012 - 2022 (Kilo Tons)

Browse full research report on Carbon Black Market: http://www.grandviewresearch.com/industry-analysis/carbon-black-market 

                      

Further key findings from the report suggest:

• Global carbon black market demand was 11.99 million tons in 2014 and is expected to reach 16.40 million tons by 2022, growing at a CAGR of 3.9% from 2015 to 2022
• Tires were the leading application segment and accounted for over 70% of the overall volume in 2014. Increasing passenger car sales and a robust aftermarket and OEM sectors of automotive industry are expected to drive tire production, thereby increasing carbon black consumption over the forecast period.
• Plastics are expected to be the fastest growing application segment at a CAGR of 4.3% from 2015 to 2022. Increasing usage of specialty grades for improving electrical conductivity, better UV resistance and antistatic properties in plastics is expected spur growth.
• Asia Pacific dominated the global market with demand share estimated 54.8% in 2014. Increasing carbon black demand in plastics, general rubber goods and tire manufacturing particularly from emerging economies of China, India, and Indonesia is expected to drive the regional market over the forecast period. Mature markets of North America and Europe are characterized by increasing regulatory intervention to reduce greenhouse gas emissions during carbon black production.
• The industry has a presence of large multinational corporations who have integrated their operations, i.e., from feedstock to carbon black production. Compared to independent manufacturers, these companies enjoy a distinct advantage of cutting down on raw material procurement costs.
• Key players in the global carbon black industry include OJSC Kremenchug, OMSK Carbon Group, Tokai Carbon Co. Ltd., Sid Richardson Carbon & Energy Co., Ralson Goodluck Carbon, Asahi Carbon Co. Ltd., Atlas Organic Pvt. Ltd., Continental Carbon, OCI Co. Ltd., Birla Carbon and Cabot Corp. 

Browse more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/plastics-polymers-and-resins    

         

Grand View Research has segmented the carbon black market on the basis of application and region:

Global Carbon Black Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2022)

• Tires
• High Performance Coatings
• Plastics
• Others

Global Carbon Black Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2022)

• North America
• U.S
• Europe
• UK
• Asia Pacific
• China
• Latin America
• Brazil
• Middle East & Africa
• UAE

Access Press Release By Grand View Research: http://www.grandviewresearch.com/press-release/global-carbon-black-market 

                        

About Grand View Research:

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more information: http://www.grandviewresearch.com

High Demand For Friction Materials & Rubber In The Transportation Sector Is Expected To Drive Phenolic Resins Market Till 2025: Grand View Research, Inc.

The global phenolic resins market is projected to reach USD 16.0 billion by 2025, according to a new report by Grand View Research, Inc. Technological advancements have fostered the development of unique heat shields with ablative phenolics for aerospace applications, leading to greater market share in recent years.

Development of lignin and corn-based renewable feedstock have also presented new growth avenues in the industry. Increasing awareness regarding resource conservation and the implementation of stringent sustainability standards has positively impacted green materials demand, encouraging manufacturers to integrate such raw materials into their products.

Technological advancements have fostered novel processing methods that conserve greater amount of resources while producing phenolics, compelling new entrants to invest high in capital funds to maintain competitive margins in the industry.

Novolac emerged as the dominant product segment, occupying nearly 50% of the volume share in 2015. These resins are increasingly being designed for use as hardeners or curing agents in epoxy applications to meet the demand for laminates, adhesives, molding materials, and coatings. The segment is expected to grow at around 5.2% CAGR from 2016 to 2025.

U.S. phenolic resins market revenue by product, 2014 - 2025 (USD Million)

Browse full research report on phenolic resins market: http://www.grandviewresearch.com/industry-analysis/phenolic-resins-market                       

Further key findings from the report suggest:

• Resols are expected to grow at a high CAGR of 5.7% in terms of volume from 2016 to 2025
• Solid resins are expected to remain a dominant sub-segment within resols, accounting for nearly 80% of the revenue share in 2015. The product is available in lumps, granular or powder form and is widely utilized as coatings, laminates, adhesives and other products
• Wood adhesives are expected to remain the dominant application for phenolics, with high demand generated from the furniture, woodworking and construction industries
• Molding compounds are likely to remain the fastest-growing application, with over 6% CAGR from 2016 to 2025. Growing petrochemicals industry, in China and India, is crucial to their application in manufacturing electrical equipment with enhanced efficiency and mechanical strength
• Asia Pacific was the largest consumer since the region is home to major end-use industries such as construction, electronics and automotive which are expanding at an exponential pace themselves
• Key companies operating in the industry are BASF SE, Momentive Specialty Chemicals, Sumitomo Bakelite Co. Ltd., Georgia-Pacific Chemicals, and Kolon Industries Inc. Other major participants may be listed as Owens Corning, Arclin Inc., Olympic Panel Products LLC, Ashland Inc., DIC Corporation, and Hexcel Corporation

Browse more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/plastics-polymers-and-resins    

       

Grand View Research has segmented the global phenolic resins market on the basis of product, application & region:

Phenolic Resins Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)

• Novolac
• Resol
• Others

Phenolic Resins Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)

• Wood Adhesives
• Molding Compounds
• Insulation
• Laminates
• Paper Impregnation
• Coatings
• Others

Phenolic Resins Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)

• North America
• U.S.
• Canada
• Europe
• Germany
• France
• Italy
• Spain
• UK
• Asia Pacific
• China
• India
• Japan
• Southeast Asia
• Latin America
• Mexico
• Brazil
• Middle East & Africa (MEA)
• Saudi Arabia

Access Press Release By Grand View Research: http://www.grandviewresearch.com/press-release/global-phenolic-resins-market 

                      

About Grand View Research:

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more information: http://www.grandviewresearch.com

Wood Vinegar Market To Witness Growth Gaining Popularity From Agriculture & Animal Husbandry Industry Till 2025: Grand View Research

The global wood vinegar market is expected to reach USD 6.6 million by 2025, growing at a CAGR of 6.7%, according to a new report by Grand View Research, Inc. Increasing support from various governments for adoption of organic farming methods by small-farm holders for improved crop yield is the key factor driving the market growth. In addition, rapid expansion of organic farming in Asia Pacific is expected to boost the market demand further.

Wood vinegar, a natural extract from woods, makes it a better choice in agriculture pesticides category, as compared to animal feed and natural pesticides. The market is mainly driven by its varied uses in agriculture and animal husbandry industry, as it is accepted as a nutrient supplement by farmers and livestock producers, who seek to improve their crop yield by using bio pesticides.

In terms of revenue, agriculture segment accounted as the major application industry in 2016 and is estimated to continue its dominance with a share of 42.6% by 2025, as it is preferred as an organic pesticide and soil fertility enhancer. Globally, various governments and institutions are promoting the use of bio-degradable and non-toxic chemicals in farming. Such initiatives are boosting the growth of its applications in agriculture sector.

The demand for wood vinegar market is expected to surge owing to its increased acceptance from consumers globally. Abundant resources of wood biomass in Asia Pacific region are helping the farmers to produce wood vinegar domestically. In addition, it adds economic value to those farmers who cannot afford premium synthetic chemicals.

U.S. wood vinegar market revenue by end-use, 2014 - 2025 (USD Thousand)

Browse full research report on Wood Vinegar Market: http://www.grandviewresearch.com/industry-analysis/wood-vinegar-market                     

Further key findings from the report suggest:

• Fast pyrolysis method is estimated to experience the fastest growth in terms of value at a CAGR of 6.5% from 2017 to 2025 on account of its ability to increase bio-oil yield, upon increase in temperature. Furthermore, growing innovation from producers of pyrolizers such as mobile pyrolysis plant and large pyrolizers that enhance the production capability is leading to the increased adoption of this method.
• Agriculture industry emerged as the largest application segment in terms of revenue in 2016 and is estimated to reach USD 2.8 million by 2025. Increase in organic arable land in Asia Pacific and South & Central America region is expected to boost the growth over the years ahead.
• The U.S. market in terms of revenue is estimated to reach USD 1.05 million by 2025. The market in Asia Pacific is projected to witness substantial growth over the next eight years particularly due to the dominance of established organic farming in Australia and expansion in China and India.
• Key players including Wood Vinegar Australia, Sort of Coal ApS, VerdiLife LLC, Taiko Pharmaceutical Co., Ltd, Nettenergy B.V. and Applied Gaia Corporation dominated the global market.

Browse more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/agrochemicals-and-fertilizers     

   

Grand View Research has segmented the global wood vinegar market on the basis of Application, Method Type and Region:

Application Outlook (Revenue, USD Million, 2014 - 2025)

• Agriculture
• Animal-Feed
• Food, Medicinal, and Consumer Products
• Others

Method Type Outlook (Revenue, USD Million, 2014 - 2025)

• Slow Pyrolysis
• Intermediate Pyrolysis
• Fast Pyrolysis

Regional Outlook (Revenue, USD Million, 2014 - 2025)

• North America
• U.S.
• Canada
• Europe
• Germany
• UK
• France
• Asia Pacific
• China
• India
• Japan
• Australia
• Central & South America
• Brazil
• Middle East & Africa
• South Africa

Access Press Release By Grand View Research: http://www.grandviewresearch.com/press-release/global-wood-vinegar-market                    

About Grand View Research:

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more information: http://www.grandviewresearch.com

Rapid Industrialization In BRICS Economies Is Expected To Drive Heat Transfer Fluids Market Till 2022: Grand View Research, Inc.

Global heat transfer fluids market is expected to reach USD 3.68 billion by 2022, according to a new study by Grand View Research, Inc. Imminent need to manage excessive heat in several manufacturing industries including automotive, metal processing, pharmaceuticals, and food processing is a major factor driving heat transfer fluid demand across the globe. Surging requirement for application specific fluids with optimum thermal coefficient is also anticipated to fuel industry growth over the forecast period. Rapid industrialization in BRICS markets is expected to help in market development over the forecast period. 

Stringent environment regulations coupled with volatile raw material prices are expected to pose threat to industry profitability. Development of bio-based or water-based heat transfer fluids is anticipated to create lucrative opportunities for industry participants. 

Silicone & aromatics formed the largest product segment with demand share exceeding 40% in 2014. The segment is expected to gain share over next seven years on account of increasing  requirement for synthetic thermal oils in these applications is expected to drive the product market over the forecast period. Glycols are expected to witness maximum gains in its market size over the forecast period on account of excellent antifreeze properties. 

U.S. heat transfer fluids market volume by product, 2012-2022 (Kilo Tons)

Browse full research report on Heat Transfer Fluids Market: http://www.grandviewresearch.com/industry-analysis/heat-transfer-fluids-market 

                  

Further key findings from the report suggest:

• Global heat transfer fluids market demand was 465.9 kilo tons in 2014 and is expected to reach 745.3 kilo tons by 2022, growing at a CAGR of 6.1% from 2015 to 2022
• Oil & gas was the leading application segment and accounted for 23.8% of total market volume in 2014. HTF demand in this segment is expected to witness a modest growth over the forecast period. Increasing use of heating oil in offshore oil & gas thermal processes is anticipated to fuel market growth.
• CSP is expected to witness significant gains in its size over the forecast period on account of growing energy demand and favorable government initiatives particularly in Spain, U.S. and Middle East.
• Europe was the largest regional market and accounted for over 30% of global demand in 2014. Power and energy sector is highly active in these regions owing to high energy requirements from industrial sectors. Large scale urbanization coupled with increased usage of automobiles is expected to steer the demand for coolants and other heat transfer fluids.
• Asia Pacific is expected to witness the highest growth of 7.0% from 2015 to 2022 on account of growing chemical and food & beverage industry in China, India and Indonesia.
• Major companies operating in global heat transfer fluids market include Dow Chemicals, Shell, ExxonMobil, Eastman Company, BASF, Huntsman Corporation, Chevron Corporation.

Browse more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/petrochemicals-and-downstream-derivatives     

Grand View Research has segmented the heat transfer fluids market on the basis of product, application and region:

Global Heat Transfer Fluids Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2022)

• Silicone & Aromatics
• Mineral Oils
• Glycol-Based Fluids
• Others

Global Heat Transfer Fluids Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2022)

• Oil & Gas
• Chemical
• Concentrated Solar Power (CSP)
• Food & Beverages
• Plastics
• Pharmaceuticals
• Heating, Ventilating & Air Conditioning (HVAC)
• Others

Global Heat Transfer Fluids Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2022)

• North America
• U.S.
• Canada
• Mexico
• Europe
• Germany
• UK
• Asia Pacific Middle East & Africa
• China
• India
• Japan
• Central & South America

Access Press Release By Grand View Research: http://www.grandviewresearch.com/press-release/global-heat-transfer-fluids-market                

About Grand View Research:

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more information: http://www.grandviewresearch.com