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The major players in the thermic fluids market are
The industry is consolidated with presence of many global and local players. These players are adopting organic growth strategies such as expanding product range along with plant capacity expansion to get a greater hold of market share in this resourceful market.
The overall thermic fluids market is anticipated to record a crcr of 6.5% through 2025.
Predicted revenue share of thermic fluids market is 4 Billion (USD) by 2025.
According to the report published by Global Market Insights Inc., the thermic fluids business is expected to hit at $4 billion (USD) by 2025.
Dow Chemical Company, Exxon Mobil, Solutia Inc., British Petroleum (BP), Royal Dutch Shell., Hindustan Petroleum, BASF AG, Dynalene Inc., Paratherm Corporation, Multitherm LLC, Kost USA Inc., Thermic Fluids Inc., Tulstar Products Inc. are some of the top contributors in the industry.
Based on product, the silicone & aromatics segment held highest market share in 2017 and is predicted to show a remarkable growth rate during the forecast period.
North America region maintain its dominance throughout the forecast period.