Mexico Heat Transfer Fluids Market Size & Outlook
Mexico heat transfer fluids market, 2018-2030 (US$M)
Related Markets
Mexico heat transfer fluids market highlights
- The Mexico heat transfer fluids market generated a revenue of USD 412.5 million in 2021 and is expected to reach USD 563.7 million by 2030.
- The Mexico market is expected to grow at a CAGR of 3.5% from 2022 to 2030.
- In terms of segment, mineral oils was the largest revenue generating product in 2021.
- Silicone 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 412.5 million |
| Market revenue in 2030 | USD 563.7 million |
| Growth rate | 3.5% (CAGR from 2021 to 2030) |
| Largest segment | Mineral oils |
| Fastest growing segment | Silicone |
| 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, Mexico accounted for 4.0% 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 North America, U.S. heat transfer fluids market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 2,858.9 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Heat Transfer Fluids Market Scope
Heat Transfer Fluids Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Mexico 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 38.59% in 2021. Horizon Databook has segmented the Mexico 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.
Chemical industry in Mexico has observed multiple high-level investments as well as constant sourcing of diverse raw materials to strengthen the core of chemicals business in the country.
Rapid Industrialization coupled with growing demand of chemicals across end-use industries such as food & beverages, pharmaceuticals and more are estimated to drive down trade deficits and restore balance in the chemicals domain.
The country has been recorded as the 12th largest consumer of plastic resins and materials with an overhead of 5.3% share of the country’s total manufacturing segment.
Reasons to subscribe to Mexico heat transfer fluids market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Mexico heat transfer fluids market databook
-
Our clientele includes a mix of heat transfer fluids market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Mexico heat transfer fluids market , including forecasts for subscribers. This country databook contains high-level insights into Mexico heat transfer fluids market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Mexico heat transfer fluids market size, by product, 2018-2030 (US$M)
Mexico Heat Transfer Fluids Market Outlook Share, 2021 & 2030 (US$M)
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
