Industry trends and the increasingly stringent regulatory demands of the global industrial and commercial landscape, including the need for more sustainable and energy efficient systems and processes, indicate that the heat transfer fluids market is expected to grow significantly in the next decade, increasing its value from USA $10.3 billion in 2021 to a compound annual growth rate of 3.6% by 2030. (www.grandviewresearch.com)
The chemical, automotive, metal-processing, and oil and gas sectors are increasingly adopting thermal transfer fluid systems for their processes, while sectors such as heating, ventilation and air conditioning (HVAC) and power-generation industries are also implementing heat transfer fluid systems, as demand for environmentally friendly products grows.
Current trends indicate that significant growth in the chemical industry has increased demand for thermal fluids and thermal fluid systems used in processes such as the heating and cooling of polymers, batch processing, and residual heat recovery as suppliers seek to meet demand through cost-effective and sustainable solutions. As a market leader in the sector, KRAHN Specialty Fluids is expertly positioned to meet the demands of this uptake.
Our comprehensive, world class product portfolio of high quality sustainable and energy efficient solutions can be distributed to suit your company’s specific volume requirements anywhere in the world. The products are suitable for almost any application and delivered with the assurance of the full technical support and guidance of a highly experienced team of technicians if necessary.
Looking towards the future in a post pandemic global landscape, KRAHN Specialty Fluids welcomes the exciting and dynamic opportunities that lie ahead.