DUBLIN, January 13, 2014 /PRNewswire/ --

Dublin - Research and Markets (http://www.researchandmarkets.com/research/plwqbv/thermic_fluid) has announced the addition of the"Global Thermic Fluid Market Report - Forecast to 2018" report to their offering.

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The global market for thermic fluid was 360 kilo tons in 2009 which increased to 384.9 kilo tons in 2010. Growing demand from major end use industries such as oil and gas, chemicals, plastics, pharmaceuticals etc is one of the major factors which have been driving the market for thermic fluid. The rapid development of concentrated solar power (CSP) projects in different parts of the world is expected to boost the demand for thermic fluid in the near future. 

Thermic fluids are commonly referred to as heat transfer fluids and thermal fluids. The main function of these fluids is to store heat, to prevent excess heating of any thermal device and to transfer heat from one device to other. Thermic fluids have a wide range of products including hydrocarbon or mineral oil based fluids, silicone based fluids, aromatic fluids and glycol based fluids. These fluids are available in different grades for different temperatures generally ranging from - 80oC to 400oC. 

Different varieties of thermic fluids are available in different grades in the market (depending on their end use application). Major players in the value chain include oil refineries, glycol producers, silicone and aromatic polymer producers, thermic fluid producers and end use industries such as plastics, pharmaceuticals, food and beverage, manufacturing and chemicals. 

Due to the rapidly developing energy landscape, CSP industry is witnessing significant growth, leading to increase in demand of thermic fluids. Major players in the thermic fluid industry are now focusing on developing thermic fluids especially for thermal storage at CSP plants. In addition, manufacturers are entering into mergers and acquisitions to develop solar thermic fluids, which are expected to be a major future requirement 

Key Topics Covered: 

1 Preface

2 Executive Summary

3 Market Overview3.1 Introduction3.2 Value chain analysis3.3 Market drivers3.4 Market restraints3.5 Market opportunities3.6 Raw Material Analysis3.7 Porter's five forces analysis3.8 Thermic fluids market: market attractiveness analysis3.9 Company market share analysis

4 Global Thermic Fluid Market, by Product Type

5 Global Thermic Fluid, by application

6 Global Thermic Fluid Market, by Geography

7 Bio-Based Thermic Fluid Market7.1 Introduction7.2 Major bio-based thermic fluid products by raw material used and application7.3 Major participants in bio-based thermic fluid market

8 Company Profiles

Companies Mentioned:

• BASF AG
• British Petroleum
• Dow Chemical Company
• Dynalene Inc.
• Exxon Mobil
• Kost U.S.A Inc.
• Multitherm LLC.
• Paratherm Corporation
• Royal Dutch Shell
• Solutia Inc.

For more information visit http://www.researchandmarkets.com/research/plwqbv/thermic_fluid

Media Contact: Laura Wood , +353-1-481-1716, press@researchandmarkets.net

SOURCE Research and Markets