Brazil Heat Transfer Fluids Market Size & Outlook
Brazil heat transfer fluids market, 2018-2030 (US$M)
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Brazil heat transfer fluids market highlights
- The Brazil heat transfer fluids market generated a revenue of USD 176.6 million in 2021 and is expected to reach USD 215.0 million by 2030.
- The Brazil market is expected to grow at a CAGR of 2.2% from 2022 to 2030.
- In terms of segment, mineral oils was the largest revenue generating product in 2021.
- Glycol (ethylene & propylene) based fluids is the most lucrative product segment registering the fastest growth during the forecast period.
Heat transfer fluids market data book summary
| Market revenue in 2021 | USD 176.6 million |
| Market revenue in 2030 | USD 215.0 million |
| Growth rate | 2.2% (CAGR from 2021 to 2030) |
| Largest segment | Mineral oils |
| Fastest growing segment | Glycol (ethylene & propylene) based fluids |
| Historical data | 2018 - 2020 |
| Base year | 2021 |
| Forecast period | 2022 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Silicone, Aromatics, Mineral oils, Glycol (ethylene & propylene) based fluids, Other (including molten salts & HFPE) |
| Key market players worldwide | Kosmos Energy Ltd, BP PLC ADR, Huntsman Corp, Shell PLC, Eastman Chemical Co, ConocoPhillips, Chevron Corp, Basf SE, Exxon Mobil Corp, Dow Inc, Lanxess AG, Sasol Ltd |
Other key industry trends
- In terms of revenue, Brazil accounted for 1.7% of the global heat transfer fluids market in 2021.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil heat transfer fluids market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 215.0 million by 2030.
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Heat Transfer Fluids Market Scope
Heat Transfer Fluids Market Companies
| Name | Profile | # Employees | HQ | Website |
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Brazil heat transfer fluids market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to heat transfer fluids market will help companies and investors design strategic landscapes.
Mineral oils was the largest segment with a revenue share of 33.13% in 2021. Horizon Databook has segmented the Brazil heat transfer fluids market based on silicone, aromatics, mineral oils, glycol (ethylene & propylene) based fluids, other (including molten salts & hfpe) covering the revenue growth of each sub-segment from 2018 to 2030.
Brazil has the largest manufacturing industry which includes manufacturing of automobiles, electrical machinery, paints, soap, medicines, aircraft, steel, food products and paper. In the automobile manufacturing sector, the country has been major supplier in the world by making nearly two million vehicles per year.
Heat transfer fluid has heavy demand in automobile, electrical machinery manufacturing and steel manufacturing sector and, these are major driving factor in this region, owing to replacement of tradition heat transfer liquid such as water.
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Our clientele includes a mix of heat transfer fluids market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil heat transfer fluids market , including forecasts for subscribers. This country databook contains high-level insights into Brazil heat transfer fluids market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil heat transfer fluids market size, by product, 2018-2030 (US$M)
Brazil Heat Transfer Fluids Market Outlook Share, 2021 & 2030 (US$M)
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