Lucintel Forecasts the Global Thermic Fluid Market is expected to grow with a CAGR of 3.7% from 2025 to 2031

According to a market report by Lucintel, the future of the global thermic fluid market
looks promising with opportunities in the oil & gas, food processing, chemical
manufacturing, laser CNC, pharmaceutical manufacturing, plastic, and concentrated
solar power markets. The global thermic fluid market is expected to grow with a CAGR
of 3.7% from 2025 to 2031. The major drivers for this market are the rising demand for
energy-efficient heating systems, the growing industrial applications in chemical and oil
& gas sectors, and the increasing adoption of renewable energy systems.
A more than 150-page report to understand trends, opportunity and forecast in thermic
fluid market to 2031 by product (mineral oils, silicone-based, aromatic, glycol-based,
and others), application (oil & gas, food processing, chemicals manufacturing, laser
CNC, pharmaceuticals manufacturing, plastics, concentrated solar power, and others),
and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that, within the product category, mineral oil is expected to witness
the highest growth over the forecast period.
Within the application category, oil & gas is expected to witness the highest growth.
Download sample by clicking on thermic fluid market
In terms of region, APAC is expected to witness the highest growth over the forecast
period.
Eastman Chemical Company, ExxonMobil, Huntsman Corporation, Parathem
Corporation, Royal Dutch Shell, Clariant, British Petroleum are the major suppliers in
the thermic fluid market.
This unique research report will enable you to make confident business decisions in this
globally competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or write us at [email protected] To get access of more than
1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
About Lucintel

At Lucintel, we offer solutions for you growth through game changer ideas and robust
market & unmet needs analysis. We are based in Dallas, TX and have been a trusted
advisor for 1,000+ clients for over 20 years. We are quoted in several publications like
the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056
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