Market Global Industry Forecast

Description

Global heat transfer fluids market size is likely to be valued at USD 3.7 billion by 2020; as per a new research report by Radiant Insights, Inc. Increasing demand for for heat recovery management in industries such as metal processing, pharmaceuticals and automotive is anticipated to drive market. Increasing number of CSP (concentrated solar plants) installations in countries such as the U.S., France and China are anticipated to drive demand. Growing synthetic fluid demand for application in gas production particularly in GCC markets is likely to favor growth

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USDA approval for its application in food & beverages applications is likely to positively influence growth. Raw material deficit coupled with stringent regulations by REACH and EPA governing environmental norms may hinder heat transfer fluids market growth.

Silicone & aromatic based thermic oil dominated the product segment and accounted for more than 42% of the total demand in 2014. Growth of industries such as chemical and oil & gas is likely to drive the demand. Glycol fluids are likely to witness highest gains, with an estimated CAGR of 6.8% from 2015 to 2022.

Key report insights suggest:

• Global heat transfer fluids market size was estimated 465.9 kilo tons in 2013 and may register 745.3 kilo tons by 2022 growing with an estimated CAGR of 6.1% from 2015 to 2022.

• Oil & gas dominated the application segment and accounted for 23.58% of the total demand in 2014. Growing heating oil usage in offshore heating & cooling processes is likely to drive demand for oil & gas applications. CSP is anticipated to witness highest gains with an estimated CAGR of 7.5% from 2015 to 2022.

• Europe dominated the regional demand and accounted for 31.9% of the total volume in 2014. Recent solar power plant installations in countries such as France and Germany are likely to favor market growth. Presence of large scale automobile industry is anticipated to drive thermic fluids and coolants demand.

• Asia Pacific is likely to witness highest gains, at an estimated CAGR of 7.0% up to 2022. Presence of large scale industries such as chemical, food & beverages and automobile in China & India is likely to drive demand.

• Heat transfer fluids market share is consolidated and top five companies account for 75% of the share 2014. Major companies include BASF, Shell, Dow Chemicals, ExxonMobil, Eastman Company, Chevron and Huntsman Corporation.

The report “Heat Transfer Fluids Market Size, Global Industry Report 2022” is available now to Radiant Insights customers and can also be purchased directly at

https://www.radiantinsights.com/press-release/global-heat-transfer-fluids-market

Global Heat Transfer Fluids Product Overview (Kilo Tons; Revenue, USD Million, 2012 – 2022)

• Silicone & Aromatics

• Mineral Oils

• Glycol-Based Fluids

• Others

Global Heat Transfer Fluids Application Overview (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 Overview (Kilo Tons; Revenue, USD Million, 2012 – 2022)

•North America

- U.S.

- Canada

- Mexico

•Europe

- Germany

- UK

•Asia Pacific

- China

- India

- Japan

•Middle East & Africa

•Central & South America

About Us

Radiant Insights is a market research and consulting company offering syndicated research studies, customized reports, and consulting services. Our market research studies are designed to facilitate strategic decision-making, based on extensive and in-depth quantitative information, supported by extensive analysis and industry insights. Using a patented and robust research methodology, we publish exhaustive research reports covering a host of industries such as Technology, Chemicals, Materials, and Energy. Radiant Insights has a strong base of analysts, consultants and domain experts, with global experience helping us deliver excellence in all research projects we undertake

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Description

Global data center UPS market size is estimated to reach USD 5.7 billion by 2020, as per a new research report by Radiant Insights, Inc. Declining tolerance levels pertaining to data loss along with amplifying acceptance of cloud computing is likely to boost global demand over the forecast period

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Small data center UPS market was the leading segment and was valued USD 2.1 billion in 2014. It is expected to observe significant gains, with estimates of USD 3.2 billion by 2020, at a CAGR of 6.8%. It is widely used in application areas such as enterprise data centers, server rooms, factory floors, industrial environments, medical imaging and localized & mid-tier data centers. This has boosted the global demand over the forecast period.

Power outages are a regular phenomenon, which makes UPS installations a necessity in data centers to ensure smooth functioning of equipment. Use of ultra-miniature components in servers, storage systems and network devices make them vulnerable to falter and fail under power conditions, which were easily withstood by earlier generation equipment. Lack of inventory supply due to slowdown of the semiconductor industry is expected to pose a challenge to the industry growth.

Key report insights suggest:

• Global data center UPS market was valued USD 3.7 billion in 2014, with estimation of USD 5.7 billion by 2020, growing at 7.3% from 2014 to 2020

• Global demand for medium data center UPS was USD 975.6 million in 2013 which is probable to achieve USD 1.6 billion by 2020, growing at a CAGR of 7.5% from 2014 to 2020. This is mostly usage in cable handling stations, hospitals, government, commercial organizations and universities which in turn has spurred the demand. Large product segment is expected to witness the fastest growth and reach USD 859.2 million by 2020.

• North America dominates the regional demand with industry share of 34.12% in 2014. Increasing need from end-use industries is likely to support the demand growth over the forecast period. European region is expected reach 1.6 billion by 2020, at a CAGR of 6.2% up to 2020.

• Data center UPS market share is moderately concentrated and consists of top three manufacturers accounting for more than 50% of industry share in 2013. Major participants in this industry include Eaton, Emerson, Ametek Inc., ABB Ltd, Delta Electronics Inc, Mitsubishi Electric, General Electric Co., Siemens and Schneider Electric S.A. among others

The report “Data Center UPS Market Size, Share, Industry Report, 2020” is available now to Radiant Insights customers and can also be purchased directly at

https://www.radiantinsights.com/press-release/global-data-center-ups-market

For the purpose of this report, Radiant Insights has segmented the data center UPS market on the basis of product and region:

Global Data Center UPS Product Overview (Revenue, USD Million, 2012 - 2020)

• Medium data center

• Large data center

• Small data center

Global Data Center UPS Regional Overview (Revenue, USD Million, 2012 - 2020)

• North America

- U.S.

• Europe

• Asia Pacific

• RoW