| Product Code: ETC6776777 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Colombia import shipments of thermic fluids in 2024 continued to see a significant concentration of supply, with the top exporting countries being the United States, Brazil, Mexico, Ecuador, and Singapore. The high Herfindahl-Hirschman Index (HHI) indicates a consolidated market. The compound annual growth rate (CAGR) from 2020 to 2024 stood at a robust 13.03%, with a notable growth spurt of 13.66% from 2023 to 2024. This data suggests a sustained demand for thermic fluids in Colombia, driven by imports from key global suppliers.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Colombia Thermic Fluids Market Overview |
3.1 Colombia Country Macro Economic Indicators |
3.2 Colombia Thermic Fluids Market Revenues & Volume, 2021 & 2031F |
3.3 Colombia Thermic Fluids Market - Industry Life Cycle |
3.4 Colombia Thermic Fluids Market - Porter's Five Forces |
3.5 Colombia Thermic Fluids Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Colombia Thermic Fluids Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Colombia Thermic Fluids Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing industrialization and expansion of various industries in Colombia, leading to increased demand for thermic fluids. |
4.2.2 Rising adoption of thermic fluids in the food and beverage industry for processing and packaging applications. |
4.2.3 Government initiatives promoting the use of energy-efficient solutions, including thermic fluids, to reduce carbon footprint and enhance sustainability. |
4.3 Market Restraints |
4.3.1 Volatility in raw material prices, such as mineral oils or synthetic fluids, impacting the overall production cost of thermic fluids. |
4.3.2 Stringent regulations regarding emissions and environmental impact, leading to compliance challenges for thermic fluid manufacturers. |
4.3.3 Competition from alternative technologies or solutions that may offer cost advantages or better performance in certain applications. |
5 Colombia Thermic Fluids Market Trends |
6 Colombia Thermic Fluids Market, By Types |
6.1 Colombia Thermic Fluids Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Colombia Thermic Fluids Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Colombia Thermic Fluids Market Revenues & Volume, By Mineral Oils, 2021- 2031F |
6.1.4 Colombia Thermic Fluids Market Revenues & Volume, By Silicone & Aromatics, 2021- 2031F |
6.1.5 Colombia Thermic Fluids Market Revenues & Volume, By PAG & Glycol, 2021- 2031F |
6.2 Colombia Thermic Fluids Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Colombia Thermic Fluids Market Revenues & Volume, By Oil & Gas, 2021- 2031F |
6.2.3 Colombia Thermic Fluids Market Revenues & Volume, By Food & Beverages, 2021- 2031F |
6.2.4 Colombia Thermic Fluids Market Revenues & Volume, By Chemical Industry, 2021- 2031F |
6.2.5 Colombia Thermic Fluids Market Revenues & Volume, By Pharmaceuticals, 2021- 2031F |
6.2.6 Colombia Thermic Fluids Market Revenues & Volume, By Other, 2021- 2031F |
7 Colombia Thermic Fluids Market Import-Export Trade Statistics |
7.1 Colombia Thermic Fluids Market Export to Major Countries |
7.2 Colombia Thermic Fluids Market Imports from Major Countries |
8 Colombia Thermic Fluids Market Key Performance Indicators |
8.1 Energy efficiency improvements achieved by using thermic fluids in industrial processes. |
8.2 Reduction in downtime or maintenance costs associated with the use of thermic fluids. |
8.3 Number of new applications or industries adopting thermic fluids for their operations. |
9 Colombia Thermic Fluids Market - Opportunity Assessment |
9.1 Colombia Thermic Fluids Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Colombia Thermic Fluids Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Colombia Thermic Fluids Market - Competitive Landscape |
10.1 Colombia Thermic Fluids Market Revenue Share, By Companies, 2024 |
10.2 Colombia Thermic Fluids Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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