Thermic Fluid Market - Forecast(2022 - 2027)

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Thermic Fluid MarketMarket size, Industry
outlook, Market Forecast, Demand Analysis, Market
Share, Market Report 2021-2026
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• Thermic Fluid Market is forecast to reach 2.21
  Billion by 2025, after growing at a CAGR of
  4.49 during 2020-2025. The growing demand from
  the oil and gas sector, where thermal fluids are
  used extensively to carry out operations, is the
  key factor driving the growth of the market.
  Increased use of distributed solar power is
  expected to further drive the demand for thermal
  fluids. The demand for solar energy worldwide has
  been raised by measures taken by the Global
  Community Agreement to tackle climate change,
  promoting the market share of thermal or thermal
  fluids over the projected era.

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• Key Takeaways
• Rising shale oil gas production in the U.S. has
  moved the tag from net importer to net exporter.
  In addition, the new administration's regulatory
  decisions would improve the oil gas sector and
  enable the chemical industry to expand as well.
  The above developments will follow and will give
  the thermal fluids industry a boost in the
  future.
• Thermal fluids are used by the oil and gas
  industry to efficiently carry out services such
  as oil and gas refining, natural gas
  purification, asphalt processing and storage,
  etc. 

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By Distribution Channel- Segment Analysis Oil
Gas sector has dominated the market for Thermic
Fluid Market in 2019, by growing at a CAGR of
3.98. In the oil and gas sector, the widespread
use of thermal fluids is increasingly growing to
satisfy the increasing demand for electricity.
Major activities are carried out by the oil and
gas industry, such as the processing of oil and
gas, the purification of natural gas, refining,
liquid gas, asphalt processing and storage, etc.,
using thermal fluids. The world's regular
interest in raw petroleum (counting biofuels) is
on the rise and is expected to reach 100 million
barrels a day by the end of 2020.
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• Thermic Fluid Market
  Outlook 
• Exxon Mobil
• Solutia Inc
• British Petroleum (BP)
• Royal Dutch Shell
• Hindustan Petroleum
• BASF AG
• Dynalene Inc
• Paratherm Corporation
• Multitherm LLC
• Kost USA Inc
• Thermic Fluids Inc
• Tulstar Products Inc

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Thermic Fluid Market
Forecast (2022 - 2027) Learn More About the
Report _at_ https//www.industryarc.com/Report/162
94/thermic-fluid-market.html
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• You Can Customize the Report as Per Your Need.
  We have included Some Customization Options
• Company Profile
• Analyst Briefing
• Data Tables
• Key Contacts
• Free Customization
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