Silicones dominate thermic fluid market

ERJ staff report (BC)

Albany, New York, USA – According to a new market report published by Transparency Market Research (TMR) “Thermic Fluid Market by Product … and Application…”, global thermic fluid demand was 405.3 ktonnes in 2011 and is expected to reach 597.4 ktonnes by 2018, increasing at a compound annual growth rate (CAGR) of 5.7 percent from 2012 to 2018. In terms of revenue, the market was valued at US$ 1.63 billion (€1.27 billion) in 2011 and is expected to reach US$ 2.78 billion…

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