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Last Updated: Apr 25, 2025 | Study Period: 2024-2030
For usage in industrial heat transfer applications, heat resistant fluid is a carefully chosen mineral oil with good oxidation and thermal stability. These oils have low volatility and low vapour pressure, which allows them to function effectively and durably in heat transfer systems. VG 12, 22, 32, and 100
Application: Grades 12 and 22 should be used in well-designed closed heat transfer systems working up to 260 °C, while Grades 32 and 100 should be used up to 300 °C. Numerous industries that process textiles, pharmaceuticals, chemicals, and other materials use the goods.
The Global Industrial Heat-resistance Oil market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.
Global Heat Transfer has collaborated with food producers to develop a thermal fluid that is best suited for food processing applications.A thermal fluid made exclusively for producers of food and beverage products is called Globaltherm FG.
This NSF HT-1, FDA, and USDA-certified, highly effective, non-fouling heat transfer fluid is intended for use in food processing and other processes where the end result is meant for human consumption, such as pharmaceuticals.
For liquid phase heat transfer systems that require bulk temperatures of up to 326 degrees, Globaltherm FG thermal fluid was created. It has exceptional thermal oxidation stability, allowing operation at high temperatures for prolonged durations, and is non-hazardous, non-toxic, and odourless.
Different industries have seen an increase in demand for the Industrial heat resistance oil market as a proof of the rising demand for oil that speeds up the heating process for manufacturing goods.
The major manufacturing component that is required by the industries of asphalt, chemicals, and cement is heat transfer oil. Heat Transfer Oil is in high demand as a result of rising consumer demand for these goods worldwide.
Industrial heat resistance oil fluid and oil are in high demand as a result of manufacturers' increased interest in products that lower production costs. Industrial heat resistance oil reduces the likelihood of rusting and aids in smooth operation, both of which reduce production costs.
Because it simplifies the manufacturing process and contributes to energy conservation, industrial use of Heat Transfer Oil has increased. Eastman Chemical Company, based in the United States, purchased the German manufacturing facilities of Sasol Limited. Eastman's production capacity will grow as a result of this deal, and the company will be able to offer more products to customers all over the world.
The market for industrial heat resistance oils is anticipated to expand in developing nations throughout the Asia-Pacific region and other regions due to the rapid industrialization of developing economies. The market for industrial oils is also anticipated to be driven in the coming years by the high demand for automation in these manufacturing industries' processes.
In a variety of manufacturing facilities, industrial oils are used to keep machinery and equipment from corroding. The various components of the equipment used in the production and processing of food products or other goods are lubricated by industrial oils.
Pharmaceutical, food, tobacco, and cosmetics-related industries all make use of industrial heat resistance oils. In nations like India and China, the food and beverage industry is experiencing significant expansion, as is the demand for industrial oil. Industrial oils are used extensively in food processing in nations like Germany and the United States.
Many food processing and production industries have a significant need for food-grade industrial oil. Because they aid in lowering the amount of friction that exists between two components that are in close proximity to one another, industrial oils are utilized as lubricants. The manufacturing and automobile industries both rely heavily on industrial oils.
By lowering the surface temperature, it not only helps to prevent parts from corroding, but it also contributes to thermal stability. Major manufacturers are looking to expand their businesses by expanding into international markets due to the entry of numerous new market players.
The industrial oils market's expansion is anticipated to be hampered by the rising global demand for electric vehicles. The sector's expansion will be slowed down as a result. In China, electric vehicles are in high demand. In addition to China, Japan, Europe, and the United States, electric vehicle adoption is anticipated to be substantial.
| Sl no | Topic |
| 1 | Market Segmentation |
| 2 | Scope of the report |
| 3 | Abbreviations |
| 4 | Research Methodology |
| 5 | Executive Summary |
| 6 | Introduction |
| 7 | Insights from Industry stakeholders |
| 8 | Cost breakdown of Product by sub-components and average profit margin |
| 9 | Disruptive innovation in the Industry |
| 10 | Technology trends in the Industry |
| 11 | Consumer trends in the industry |
| 12 | Recent Production Milestones |
| 13 | Component Manufacturing in US, EU and China |
| 14 | COVID-19 impact on overall market |
| 15 | COVID-19 impact on Production of components |
| 16 | COVID-19 impact on Point of sale |
| 17 | Market Segmentation, Dynamics and Forecast by Geography, 2024-2030 |
| 18 | Market Segmentation, Dynamics and Forecast by Product Type, 2024-2030 |
| 19 | Market Segmentation, Dynamics and Forecast by Application, 2024-2030 |
| 20 | Market Segmentation, Dynamics and Forecast by End use, 2024-2030 |
| 21 | Product installation rate by OEM, 2023 |
| 22 | Incline/Decline in Average B-2-B selling price in past 5 years |
| 23 | Competition from substitute products |
| 24 | Gross margin and average profitability of suppliers |
| 25 | New product development in past 12 months |
| 26 | M&A in past 12 months |
| 27 | Growth strategy of leading players |
| 28 | Market share of vendors, 2023 |
| 29 | Company Profiles |
| 30 | Unmet needs and opportunity for new suppliers |
| 31 | Conclusion |
| 32 | Appendix |
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