|Analysis of the Global Heat Transfer Fluids Market, Forecast to 2025|
|High Anticipated Growth of Applications in the CSP and Pharmaceuticals Sectors Provides Lucrative Market Growth Opportunities|
Frost & Sullivan’s latest research, Analysis of the Global Heat Transfer Fluids Market, Forecast to 2025, reveals that the global heat transfer fluids market is expected to advance at a moderate to high rate during the forecast period due to the exponential development of larger end-use industries. Heightened growth of the concentrated solar power (CSP) sector, coupled with increased adoption of higher-end heat transfer fluids, will augment growth prospects and propel lucrative revenues through 2025. To harness lucrative opportunities, manufacturers should adopt environmentally sustainable and regulatory-compliant product portfolios. Frost & Sullivan expects the global heat transfer fluids market to reach $10.53 billion by 2025.
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