Thermal Fluids for Industrial Heaters Market

Thermal Fluids for Industrial Heaters Market (Type: Electric Heaters, Gas Heaters, Steam Heaters, Oil Heaters, Solar Heaters, and Others) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2024-2034

Thermal Fluids for Industrial Heaters Market Outlook 2034

  • The global industry was valued at US$ 1.3 Bn in 2023
  • It is estimated to advance at a CAGR of 5.2% from 2024 to 2034 and reach US$ 2.3 Bn by the end of 2034

Analyst Viewpoint

Rise in demand for food-grade heat transfer fluids is augmenting the thermal fluids for industrial heaters market dynamics. These fluids are a safe, user-friendly alternative to synthetic fluids.

Expansion in oil & gas sector is also fueling the thermal fluids for industrial heaters industry demand. Heat transfer fluids used in the sector are designed to work at high temperatures for prolonged periods.

R&D of products suited for use in the food processing sector is likely to offer lucrative thermal fluids for industrial heaters market opportunities for vendors. Biodegradable heat transfer fluids are ideal for food additive manufacturing.

Market Introduction

Thermal fluids are used to transmit heat from one source to another. These heat transfer fluids provide reliable and consistent heat transfer performance in industrial heaters. Mineral oils, synthetic fluids, glycols, molten salts, and nanofluids are various types of products available in the thermal fluids for industrial heaters market landscape.

Mineral oils are the most widely employed thermal fluids as they are cost-efficient for supply temperatures up to 290 °C. Paraffinic or naphthenic mineral oils mostly consist of molecules with single bonds in chain or ring structures without any aromatic character. Synthetic fluids are gaining traction in several end-use industries as they are engineered to operate effectively in more demanding industrial heating applications. Most synthetic thermal fluids are highly effective at temperatures between 150°C and 260°C.

Mineral oil, water, and water-glycol solutions are all commonly used in industrial heaters. These fluids are essential in many industries such as chemical, oil & gas, food & beverage, pharmaceutical, and automotive. R&D of biodegradable products is likely to offer lucrative growth opportunities in the thermal fluids for industrial heaters sector. Biodegradable thermal fluids are designed to break down into harmless chemicals when released into the environment.

Attribute Detail
Drivers
  • Rise in Demand for Food-grade Heat Transfer Fluids
  • Expansion in Oil & Gas Sector

Rise in Demand for Food-grade Heat Transfer Fluids Driving Thermal Fluids for Industrial Heaters Market Revenue

Food-grade heat transfer fluids are utilized in food processing applications utilizing fryers, kettles, ovens, and freezers. These thermal fluids are used in indirect heating loops and offer service temperatures of 36°C to 332°C (97°F to 630°F). Expansion in food & beverage sector is boosting the adoption of various food processing equipment. This, in turn, is augmenting the thermal fluids for industrial heaters market dynamics.

Growth in the food & beverage sector can be ascribed to an increase in demand for processed foods and beverages. The U.S. is among the top economies in both exports and imports of processed foods. According to a new study by researchers at NYU School of Global Public Health, the consumption of ultra-processed foods has increased over the past two decades across nearly all segments of the U.S. population. Such a scenario is estimated to spur the thermal fluids for industrial heaters market growth in the near future.

Expansion in Oil & Gas Sector Boosting Market Statistics

Heat transfer fluids play a major role in oil & gas processing. They are employed in the production, transport, refining, and recycling of oil & gas. Depending on the specific application, several types of heat transfer fluids are employed in the oil & gas sector. Synthetic fluids are ideal for operation up to 345°C (653°F) and can pumped to -3°C (27°F).

Global oil demand is estimated to rise faster than expected in 2024, according to the International Energy Agency (IEA). Economic growth is one of the largest factors affecting the demand for petroleum products. Such a scenario means significant investment in thermal fluids. Thus, growth in oil & gas sector is augmenting the thermal fluids for industrial heaters market value.

Regional Outlook

Attribute Detail
Leading Region Asia Pacific

According to the latest thermal fluids for industrial heaters market analysis, Asia Pacific held largest share in 2023. Expansion in food & beverage sector is driving the market trajectory in the region. The food processing sector in India is expected to record an output of US$ 535.0 Bn by 2025-26, according to India Invest, an investment promotion and facilitation agency. Thus, demand for food-grade heat transfer fluids is likely to grow in the processing of fruits and vegetables, dairy and marine products, edible oils, and beverages.

Growth in oil & gas sector is fueling the thermal fluids for industrial heaters market share in North America. The U.S. has become the leading producer of oil worldwide. In 2022, U.S. crude oil production averaged an estimated 11.9 million b/d, according to the U.S. Energy Information Administration.

Analysis of Key Players

Key players operating in the global thermal fluids for industrial heaters market are offering products developed specifically for the indirect transfer of process heat. They are developing robust synthetic heat transfer fluids for use in high-temperature applications.

Eastman Chemical Company, Dow, ExxonMobil, BASF SE, Houghton International, Calumet Specialty Products Partners, L.P., and NuGenTec are some of the key players operating in the thermal fluids for industrial heaters industry.

These companies have been profiled in the thermal fluids for industrial heaters market report based on various parameters including company overview, business segments, product portfolio, recent developments, business strategies, and financial overview.

Key Developments

  • In 2023, Dow launched DOWFROST LC Heat Transfer Fluid, specifically formulated for liquid-cooled, ‘direct-to-chip’ applications. The fluid offers superior corrosion protection and efficient heat removal.
  • In 2023, researchers from the Indian Institute of Technology Guwahati reported the development of a novel heat transfer fluid based on nanofluids. The fluid is capable of efficiently transferring heat generated using solar power to desalination systems.

Thermal Fluids for Industrial Heaters Market Snapshot

Attribute Detail
Market Size in 2023 US$ 1.3 Bn
Market Forecast (Value) in 2034 US$ 2.3 Bn
Growth Rate (CAGR) 5.2%
Forecast Period 2024-2034
Historical Data Available for 2020-2022
Quantitative Units US$ Bn for Value and Tons for Volume
Market Analysis It includes segment analysis as well as regional level analysis. Furthermore, qualitative analysis includes drivers, restraints, opportunities, key trends, Porter’s Five Forces Analysis, value chain analysis, and key trend analysis.
Competition Landscape
  • Market share analysis by company (2023)
  • Company profiles section includes overview, product portfolio, sales footprint, key subsidiaries or distributors, strategy and recent developments, and key financials
Format Electronic (PDF) + Excel
Market Segmentation
  • By Type
    • Electric Heaters
    • Gas Heaters
    • Steam Heaters
    • Oil Heaters
    • Solar Heaters
    • Others
  • By End-use
    • Chemical
    • Oil & Gas
    • Food & Beverage
    • Pharmaceutical
    • Automotive
    • Others
Regions Covered
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa
Countries Covered
  • U.S.
  • Canada
  • Germany
  • U.K.
  • France
  • Italy
  • Japan
  • China
  • India
  • Brazil
  • Mexico
  • South Africa
  • GCC
Companies Profiled
  • Eastman Chemical Company
  • Dow
  • ExxonMobil
  • BASF SE
  • Houghton International
  • Calumet Specialty Products Partners, L.P.
  • NuGenTec
Customization Scope Available upon request
Pricing Available upon request

Frequently Asked Questions

How big was the global thermal fluids for industrial heaters market in 2023?

It was valued at US$ 1.3 Bn in 2023

How is the thermal fluids for industrial heaters industry expected to grow during the forecast period?

It is anticipated to grow at a CAGR of 5.2% from 2024 to 2034

What are the key factors driving the demand for thermal fluids for industrial heaters?

Rise in demand for food-grade heat transfer fluids and expansion in oil & gas sector

Which was the major region in the global thermal fluids for industrial heaters landscape in 2023?

Asia Pacific was the leading region in 2023

Who are the prominent manufacturers of thermal fluids for industrial heaters?

Eastman Chemical Company, Dow, ExxonMobil, BASF SE, Houghton International, Calumet Specialty Products Partners, L.P., and NuGenTec

    1. Executive Summary

        1.1. Global Market Outlook

        1.2. Demand Side Trends

        1.3. Key Facts and Figures

        1.4. Trends Impacting Market

        1.5. TMR’s Growth Opportunity Wheel

    2. Market Overview

        2.1. Market Segmentation

        2.2. Key Developments

        2.3. Market Definitions

        2.4. Key Market Trends

        2.5. Market Dynamics

            2.5.1. Drivers

            2.5.2. Restraints

            2.5.3. Opportunities

        2.6. Global Thermal Fluids for Industrial Heaters Market Analysis and Forecast, 2020-2034

            2.6.1. Global Thermal Fluids for Industrial Heaters Market Volume (Tons)

            2.6.2. Global Thermal Fluids for Industrial Heaters Market Revenue (US$ Bn)

        2.7. Porter’s Five Forces Analysis

        2.8. Regulatory Landscape

        2.9. Value Chain Analysis

            2.9.1. List of Raw Material Suppliers

            2.9.2. List of Key Manufacturers

            2.9.3. List of Key Suppliers

            2.9.4. List of Potential Customers

        2.10. Product Specification Analysis

        2.11. Production Overview

        2.12. Cost Structure Analysis

    3. Economic Recovery Analysis Post COVID-19 Impact

        3.1. Impact on Supply Chain of Thermal Fluids for Industrial Heaters

        3.2. Recovery in Demand for Thermal Fluids for Industrial Heaters- Post Crisis

    4. Production Output Analysis (Tons), 2023

        4.1. North America

        4.2. Europe

        4.3. Asia Pacific

        4.4. Latin America

        4.5. Middle East & Africa

    5. Impact of Current Geopolitical Scenario on Market

    6. Price Trend Analysis and Forecast (US$/Ton), 2020-2034

        6.1. Price Trend Analysis by Type

        6.2. Price Trend Analysis by Region

    7. Global Thermal Fluids for Industrial Heaters Market Analysis and Forecast, by Type, 2020-2034

        7.1. Introduction and Definitions

        7.2. Global Thermal Fluids for Industrial Heaters Market Volume (Tons) and Value (US$ Bn) Forecast, by Type, 2020-2034

            7.2.1. Electric Heaters

            7.2.2. Gas Heaters

            7.2.3. Steam Heaters

            7.2.4. Oil Heaters

            7.2.5. Solar Heaters

            7.2.6. Others

        7.3. Global Thermal Fluids for Industrial Heaters Market Attractiveness, by Type

    8. Global Thermal Fluids for Industrial Heaters Market Analysis and Forecast, by End-use, 2020-2034

        8.1. Introduction and Definitions

        8.2. Global Thermal Fluids for Industrial Heaters Market Volume (Tons) and Value (US$ Bn) Forecast, by End-use, 2020-2034

            8.2.1. Chemical

            8.2.2. Oil & Gas

            8.2.3. Food & Beverage

            8.2.4. Pharmaceutical

            8.2.5. Automotive

            8.2.6. Others

        8.3. Global Thermal Fluids for Industrial Heaters Market Attractiveness, by End-use

    9. Global Thermal Fluids for Industrial Heaters Market Analysis and Forecast, by Region, 2020-2034

        9.1. Key Findings

        9.2. Global Thermal Fluids for Industrial Heaters Market Volume (Tons) and Value (US$ Bn) Forecast, by Region, 2020-2034

            9.2.1. North America

            9.2.2. Europe

            9.2.3. Asia Pacific

            9.2.4. Latin America

            9.2.5. Middle East & Africa

        9.3. Global Thermal Fluids for Industrial Heaters Market Attractiveness, by Region

    10. North America Thermal Fluids for Industrial Heaters Market Analysis and Forecast, 2020-2034

        10.1. Key Findings

        10.2. North America Thermal Fluids for Industrial Heaters Market Volume (Tons) and Value (US$ Bn) Forecast, by Type, 2020-2034

        10.3. North America Thermal Fluids for Industrial Heaters Market Volume (Tons) and Value (US$ Bn) Forecast, by End-use, 2020-2034

        10.4. North America Thermal Fluids for Industrial Heaters Market Volume (Tons) and Value (US$ Bn) Forecast, by Country, 2020-2034

            10.4.1. U.S. Thermal Fluids for Industrial Heaters Market Volume (Tons) and Value (US$ Bn) Forecast, by Type, 2020-2034

            10.4.2. U.S. Thermal Fluids for Industrial Heaters Market Volume (Tons) and Value (US$ Bn) Forecast, by End-use, 2020-2034

            10.4.3. Canada Thermal Fluids for Industrial Heaters Market Volume (Tons) and Value (US$ Bn) Forecast, by Type, 2020-2034

            10.4.4. Canada Thermal Fluids for Industrial Heaters Market Volume (Tons) and Value (US$ Bn) Forecast, by End-use, 2020-2034

        10.5. North America Thermal Fluids for Industrial Heaters Market Attractiveness Analysis

    11. Europe Thermal Fluids for Industrial Heaters Market Analysis and Forecast, 2020-2034

        11.1. Key Findings

        11.2. Europe Thermal Fluids for Industrial Heaters Market Volume (Tons) and Value (US$ Bn) Forecast, by Type, 2020-2034

        11.3. Europe Thermal Fluids for Industrial Heaters Market Volume (Tons) and Value (US$ Bn) Forecast, by End-use, 2020-2034

        11.4. Europe Thermal Fluids for Industrial Heaters Market Volume (Tons) and Value (US$ Bn) Forecast, by Country and Sub-region, 2023-2034

            11.4.1. Germany Thermal Fluids for Industrial Heaters Market Volume (Tons) and Value (US$ Bn) Forecast, by Type, 2020-2034

            11.4.2. Germany Thermal Fluids for Industrial Heaters Market Volume (Tons) and Value (US$ Bn) Forecast, by End-use, 2020-2034

            11.4.3. France Thermal Fluids for Industrial Heaters Market Volume (Tons) and Value (US$ Bn) Forecast, by Type, 2020-2034

            11.4.4. France Thermal Fluids for Industrial Heaters Market Volume (Tons) and Value (US$ Bn) Forecast, by End-use, 2020-2034

            11.4.5. U.K. Thermal Fluids for Industrial Heaters Market Volume (Tons) and Value (US$ Bn) Forecast, by Type, 2020-2034

            11.4.6. U.K. Thermal Fluids for Industrial Heaters Market Volume (Tons) and Value (US$ Bn) Forecast, by End-use, 2020-2034

            11.4.7. Italy Thermal Fluids for Industrial Heaters Market Volume (Tons) and Value (US$ Bn) Forecast, by Type, 2020-2034

            11.4.8. Italy Thermal Fluids for Industrial Heaters Market Volume (Tons) and Value (US$ Bn) Forecast, by End-use, 2020-2034

            11.4.9. Russia & CIS Thermal Fluids for Industrial Heaters Market Volume (Tons) and Value (US$ Bn) Forecast, by Type, 2020-2034

            11.4.10. Russia & CIS Thermal Fluids for Industrial Heaters Market Volume (Tons) and Value (US$ Bn) Forecast, by End-use, 2020-2034

            11.4.11. Rest of Europe Thermal Fluids for Industrial Heaters Market Volume (Tons) and Value (US$ Bn) Forecast, by Type, 2020-2034

            11.4.12. Rest of Europe Thermal Fluids for Industrial Heaters Market Volume (Tons) and Value (US$ Bn) Forecast, by End-use, 2020-2034

        11.5. Europe Thermal Fluids for Industrial Heaters Market Attractiveness Analysis

    12. Asia Pacific Thermal Fluids for Industrial Heaters Market Analysis and Forecast, 2020-2034

        12.1. Key Findings

        12.2. Asia Pacific Thermal Fluids for Industrial Heaters Market Volume (Tons) and Value (US$ Bn) Forecast, by Type

        12.3. Asia Pacific Thermal Fluids for Industrial Heaters Market Volume (Tons) and Value (US$ Bn) Forecast, by End-use, 2020-2034

        12.4. Asia Pacific Thermal Fluids for Industrial Heaters Market Volume (Tons) and Value (US$ Bn) Forecast, by Country and Sub-region, 2023-2034

            12.4.1. China Thermal Fluids for Industrial Heaters Market Volume (Tons) and Value (US$ Bn) Forecast, by Type, 2020-2034

            12.4.2. China Thermal Fluids for Industrial Heaters Market Volume (Tons) and Value (US$ Bn) Forecast, by End-use, 2020-2034

            12.4.3. Japan Thermal Fluids for Industrial Heaters Market Volume (Tons) and Value (US$ Bn) Forecast, by Type, 2020-2034

            12.4.4. Japan Thermal Fluids for Industrial Heaters Market Volume (Tons) and Value (US$ Bn) Forecast, by End-use, 2020-2034

            12.4.5. India Thermal Fluids for Industrial Heaters Market Volume (Tons) and Value (US$ Bn) Forecast, by Type, 2020-2034

            12.4.6. India Thermal Fluids for Industrial Heaters Market Volume (Tons) and Value (US$ Bn) Forecast, by End-use, 2020-2034

            12.4.7. ASEAN Thermal Fluids for Industrial Heaters Market Volume (Tons) and Value (US$ Bn) Forecast, by Type, 2020-2034

            12.4.8. ASEAN Thermal Fluids for Industrial Heaters Market Volume (Tons) and Value (US$ Bn) Forecast, by End-use, 2020-2034

            12.4.9. Rest of Asia Pacific Thermal Fluids for Industrial Heaters Market Volume (Tons) and Value (US$ Bn) Forecast, by Type, 2020-2034

            12.4.10. Rest of Asia Pacific Thermal Fluids for Industrial Heaters Market Volume (Tons) and Value (US$ Bn) Forecast, by End-use, 2020-2034

        12.5. Asia Pacific Thermal Fluids for Industrial Heaters Market Attractiveness Analysis

    13. Latin America Thermal Fluids for Industrial Heaters Market Analysis and Forecast, 2020-2034

        13.1. Key Findings

        13.2. Latin America Thermal Fluids for Industrial Heaters Market Volume (Tons) and Value (US$ Bn) Forecast, by Type, 2020-2034

        13.3. Latin America Thermal Fluids for Industrial Heaters Market Volume (Tons) and Value (US$ Bn) Forecast, by End-use, 2020-2034

        13.4. Latin America Thermal Fluids for Industrial Heaters Market Volume (Tons) and Value (US$ Bn) Forecast, by Country and Sub-region, 2023-2034

            13.4.1. Brazil Thermal Fluids for Industrial Heaters Market Volume (Tons) and Value (US$ Bn) Forecast, by Type, 2020-2034

            13.4.2. Brazil Thermal Fluids for Industrial Heaters Market Volume (Tons) and Value (US$ Bn) Forecast, by End-use, 2020-2034

            13.4.3. Mexico Thermal Fluids for Industrial Heaters Market Volume (Tons) and Value (US$ Bn) Forecast, by Type, 2020-2034

            13.4.4. Mexico Thermal Fluids for Industrial Heaters Market Volume (Tons) and Value (US$ Bn) Forecast, by End-use, 2020-2034

            13.4.5. Rest of Latin America Thermal Fluids for Industrial Heaters Market Volume (Tons) and Value (US$ Bn) Forecast, by Type, 2020-2034

            13.4.6. Rest of Latin America Thermal Fluids for Industrial Heaters Market Volume (Tons) and Value (US$ Bn) Forecast, by End-use, 2020-2034

        13.5. Latin America Thermal Fluids for Industrial Heaters Market Attractiveness Analysis

    14. Middle East & Africa Thermal Fluids for Industrial Heaters Market Analysis and Forecast, 2020-2034

        14.1. Key Findings

        14.2. Middle East & Africa Thermal Fluids for Industrial Heaters Market Volume (Tons) and Value (US$ Bn) Forecast, by Type, 2020-2034

        14.3. Middle East & Africa Thermal Fluids for Industrial Heaters Market Volume (Tons) and Value (US$ Bn) Forecast, by End-use, 2020-2034

        14.4. Middle East & Africa Thermal Fluids for Industrial Heaters Market Volume (Tons) and Value (US$ Bn) Forecast, by Country and Sub-region, 2023-2034

            14.4.1. GCC Thermal Fluids for Industrial Heaters Market Volume (Tons) and Value (US$ Bn) Forecast, by Type, 2020-2034

            14.4.2. GCC Thermal Fluids for Industrial Heaters Market Volume (Tons) and Value (US$ Bn) Forecast, by End-use, 2020-2034

            14.4.3. South Africa Thermal Fluids for Industrial Heaters Market Volume (Tons) and Value (US$ Bn) Forecast, by Type, 2020-2034

            14.4.4. South Africa Thermal Fluids for Industrial Heaters Market Volume (Tons) and Value (US$ Bn) Forecast, by End-use, 2020-2034

            14.4.5. Rest of Middle East & Africa Thermal Fluids for Industrial Heaters Market Volume (Tons) and Value (US$ Bn) Forecast, by Type, 2020-2034

            14.4.6. Rest of Middle East & Africa Thermal Fluids for Industrial Heaters Market Volume (Tons) and Value (US$ Bn) Forecast, by End-use, 2020-2034

        14.5. Middle East & Africa Thermal Fluids for Industrial Heaters Market Attractiveness Analysis

    15. Competition Landscape

        15.1. Global Thermal Fluids for Industrial Heaters Market Company Share Analysis, 2023

        15.2. Company Profiles

            15.2.1. Eastman Chemical Company

                15.2.1.1. Company Revenue

                15.2.1.2. Business Overview

                15.2.1.3. Product Segments

                15.2.1.4. Geographic Footprint

                15.2.1.5. Production Capacity/Plant Details, etc. (*As Applicable)

                15.2.1.6. Strategic Partnership, Capacity Expansion, New Product Innovation, etc.

            15.2.2. Dow

                15.2.2.1. Company Revenue

                15.2.2.2. Business Overview

                15.2.2.3. Product Segments

                15.2.2.4. Geographic Footprint

                15.2.2.5. Production Capacity/Plant Details, etc. (*As Applicable)

                15.2.2.6. Strategic Partnership, Capacity Expansion, New Product Innovation, etc.

            15.2.3. ExxonMobil

                15.2.3.1. Company Revenue

                15.2.3.2. Business Overview

                15.2.3.3. Product Segments

                15.2.3.4. Geographic Footprint

                15.2.3.5. Production Capacity/Plant Details, etc. (*As Applicable)

                15.2.3.6. Strategic Partnership, Capacity Expansion, New Product Innovation, etc.

            15.2.4. BASF SE

                15.2.4.1. Company Revenue

                15.2.4.2. Business Overview

                15.2.4.3. Product Segments

                15.2.4.4. Geographic Footprint

                15.2.4.5. Production Capacity/Plant Details, etc. (*As Applicable)

                15.2.4.6. Strategic Partnership, Capacity Expansion, New Product Innovation, etc.

            15.2.5. Houghton International

                15.2.5.1. Company Revenue

                15.2.5.2. Business Overview

                15.2.5.3. Product Segments

                15.2.5.4. Geographic Footprint

                15.2.5.5. Production Capacity/Plant Details, etc. (*As Applicable)

                15.2.5.6. Strategic Partnership, Capacity Expansion, New Product Innovation, etc.

            15.2.6. Calumet Specialty Products Partners, L.P.

                15.2.6.1. Company Revenue

                15.2.6.2. Business Overview

                15.2.6.3. Product Segments

                15.2.6.4. Geographic Footprint

                15.2.6.5. Production Capacity/Plant Details, etc. (*As Applicable)

                15.2.6.6. Strategic Partnership, Capacity Expansion, New Product Innovation, etc.

            15.2.7. NuGenTec

                15.2.7.1. Company Revenue

                15.2.7.2. Business Overview

                15.2.7.3. Product Segments

                15.2.7.4. Geographic Footprint

                15.2.7.5. Production Capacity/Plant Details, etc. (*As Applicable)

                15.2.7.6. Strategic Partnership, Capacity Expansion, New Product Innovation, etc.

    16. Primary Research: Key Insights

    17. Appendix

    List of Tables

    Table 1: Global Thermal Fluids for Industrial Heaters Market Volume (Tons) Forecast, by Type, 2020-2034

    Table 2: Global Thermal Fluids for Industrial Heaters Market Value (US$ Bn) Forecast, by Type, 2020-2034

    Table 3: Global Thermal Fluids for Industrial Heaters Market Volume (Tons) Forecast, by End-use, 2020-2034

    Table 4: Global Thermal Fluids for Industrial Heaters Market Value (US$ Bn) Forecast, by End-use, 2020-2034

    Table 5: Global Thermal Fluids for Industrial Heaters Market Volume (Tons) Forecast, by Region, 2020-2034

    Table 6: Global Thermal Fluids for Industrial Heaters Market Value (US$ Bn) Forecast, by Region, 2020-2034

    Table 7: North America Thermal Fluids for Industrial Heaters Market Volume (Tons) Forecast, by Type, 2020-2034

    Table 8: North America Thermal Fluids for Industrial Heaters Market Value (US$ Bn) Forecast, by Type, 2020-2034

    Table 9: North America Thermal Fluids for Industrial Heaters Market Volume (Tons) Forecast, by End-use, 2020-2034

    Table 10: North America Thermal Fluids for Industrial Heaters Market Value (US$ Bn) Forecast, by End-use, 2020-2034

    Table 11: North America Thermal Fluids for Industrial Heaters Market Volume (Tons) Forecast, by Country, 2020-2034

    Table 12: North America Thermal Fluids for Industrial Heaters Market Value (US$ Bn) Forecast, by Country, 2020-2034

    Table 13: U.S. Thermal Fluids for Industrial Heaters Market Volume (Tons) Forecast, by Type, 2020-2034

    Table 14: U.S. Thermal Fluids for Industrial Heaters Market Value (US$ Bn) Forecast, by Type, 2020-2034

    Table 15: U.S. Thermal Fluids for Industrial Heaters Market Volume (Tons) Forecast, by End-use, 2020-2034

    Table 16: U.S. Thermal Fluids for Industrial Heaters Market Value (US$ Bn) Forecast, by End-use, 2020-2034

    Table 17: Canada Thermal Fluids for Industrial Heaters Market Volume (Tons) Forecast, by Type, 2020-2034

    Table 18: Canada Thermal Fluids for Industrial Heaters Market Value (US$ Bn) Forecast, by Type, 2020-2034

    Table 19: Canada Thermal Fluids for Industrial Heaters Market Volume (Tons) Forecast, by End-use, 2020-2034

    Table 20: Canada Thermal Fluids for Industrial Heaters Market Value (US$ Bn) Forecast, by End-use, 2020-2034

    Table 21: Europe Thermal Fluids for Industrial Heaters Market Volume (Tons) Forecast, by Type, 2020-2034

    Table 22: Europe Thermal Fluids for Industrial Heaters Market Value (US$ Bn) Forecast, by Type, 2020-2034

    Table 23: Europe Thermal Fluids for Industrial Heaters Market Volume (Tons) Forecast, by End-use, 2020-2034

    Table 24: Europe Thermal Fluids for Industrial Heaters Market Value (US$ Bn) Forecast, by End-use, 2020-2034

    Table 25: Europe Thermal Fluids for Industrial Heaters Market Volume (Tons) Forecast, by Country and Sub-region, 2020-2034

    Table 26: Europe Thermal Fluids for Industrial Heaters Market Value (US$ Bn) Forecast, by Country and Sub-region, 2020-2034

    Table 27: Germany Thermal Fluids for Industrial Heaters Market Volume (Tons) Forecast, by Type, 2020-2034

    Table 28: Germany Thermal Fluids for Industrial Heaters Market Value (US$ Bn) Forecast, by Type, 2020-2034

    Table 29: Germany Thermal Fluids for Industrial Heaters Market Volume (Tons) Forecast, by End-use, 2020-2034

    Table 30: Germany Thermal Fluids for Industrial Heaters Market Value (US$ Bn) Forecast, by End-use, 2020-2034

    Table 31: France Thermal Fluids for Industrial Heaters Market Volume (Tons) Forecast, by Type, 2020-2034

    Table 32: France Thermal Fluids for Industrial Heaters Market Value (US$ Bn) Forecast, by Type, 2020-2034

    Table 33: France Thermal Fluids for Industrial Heaters Market Volume (Tons) Forecast, by End-use, 2020-2034

    Table 34: France Thermal Fluids for Industrial Heaters Market Value (US$ Bn) Forecast, by End-use, 2020-2034

    Table 35: U.K. Thermal Fluids for Industrial Heaters Market Volume (Tons) Forecast, by Type, 2020-2034

    Table 36: U.K. Thermal Fluids for Industrial Heaters Market Value (US$ Bn) Forecast, by Type, 2020-2034

    Table 37: U.K. Thermal Fluids for Industrial Heaters Market Volume (Tons) Forecast, by End-use, 2020-2034

    Table 38: U.K. Thermal Fluids for Industrial Heaters Market Value (US$ Bn) Forecast, by End-use, 2020-2034

    Table 39: Italy Thermal Fluids for Industrial Heaters Market Volume (Tons) Forecast, by Type, 2020-2034

    Table 40: Italy Thermal Fluids for Industrial Heaters Market Value (US$ Bn) Forecast, by Type, 2020-2034

    Table 41: Italy Thermal Fluids for Industrial Heaters Market Volume (Tons) Forecast, by End-use, 2020-2034

    Table 42: Italy Thermal Fluids for Industrial Heaters Market Value (US$ Bn) Forecast, by End-use, 2020-2034

    Table 43: Spain Thermal Fluids for Industrial Heaters Market Volume (Tons) Forecast, by Type, 2020-2034

    Table 44: Spain Thermal Fluids for Industrial Heaters Market Value (US$ Bn) Forecast, by Type, 2020-2034

    Table 45: Spain Thermal Fluids for Industrial Heaters Market Volume (Tons) Forecast, by End-use, 2020-2034

    Table 46: Spain Thermal Fluids for Industrial Heaters Market Value (US$ Bn) Forecast, by End-use, 2020-2034

    Table 47: Russia & CIS Thermal Fluids for Industrial Heaters Market Volume (Tons) Forecast, by Type, 2020-2034

    Table 48: Russia & CIS Thermal Fluids for Industrial Heaters Market Value (US$ Bn) Forecast, by Type, 2020-2034

    Table 49: Russia & CIS Thermal Fluids for Industrial Heaters Market Volume (Tons) Forecast, by End-use, 2020-2034

    Table 50: Russia & CIS Thermal Fluids for Industrial Heaters Market Value (US$ Bn) Forecast, by End-use, 2020-2034

    Table 51: Rest of Europe Thermal Fluids for Industrial Heaters Market Volume (Tons) Forecast, by Type, 2020-2034

    Table 52: Rest of Europe Thermal Fluids for Industrial Heaters Market Value (US$ Bn) Forecast, by Type, 2020-2034

    Table 53: Rest of Europe Thermal Fluids for Industrial Heaters Market Volume (Tons) Forecast, by End-use, 2020-2034

    Table 54: Rest of Europe Thermal Fluids for Industrial Heaters Market Value (US$ Bn) Forecast, by End-use, 2020-2034

    Table 55: Asia Pacific Thermal Fluids for Industrial Heaters Market Volume (Tons) Forecast, by Type, 2020-2034

    Table 56: Asia Pacific Thermal Fluids for Industrial Heaters Market Value (US$ Bn) Forecast, by Type, 2020-2034

    Table 57: Asia Pacific Thermal Fluids for Industrial Heaters Market Volume (Tons) Forecast, by End-use, 2020-2034

    Table 58: Asia Pacific Thermal Fluids for Industrial Heaters Market Value (US$ Bn) Forecast, by End-use, 2020-2034

    Table 59: Asia Pacific Thermal Fluids for Industrial Heaters Market Volume (Tons) Forecast, by Country and Sub-region, 2020-2034

    Table 60: Asia Pacific Thermal Fluids for Industrial Heaters Market Value (US$ Bn) Forecast, by Country and Sub-region, 2020-2034

    Table 61: China Thermal Fluids for Industrial Heaters Market Volume (Tons) Forecast, by Type, 2020-2034

    Table 62: China Thermal Fluids for Industrial Heaters Market Value (US$ Bn) Forecast, by Type 2020-2034

    Table 63: China Thermal Fluids for Industrial Heaters Market Volume (Tons) Forecast, by End-use, 2020-2034

    Table 64: China Thermal Fluids for Industrial Heaters Market Value (US$ Bn) Forecast, by End-use, 2020-2034

    Table 65: Japan Thermal Fluids for Industrial Heaters Market Volume (Tons) Forecast, by Type, 2020-2034

    Table 66: Japan Thermal Fluids for Industrial Heaters Market Value (US$ Bn) Forecast, by Type, 2020-2034

    Table 67: Japan Thermal Fluids for Industrial Heaters Market Volume (Tons) Forecast, by End-use, 2020-2034

    Table 68: Japan Thermal Fluids for Industrial Heaters Market Value (US$ Bn) Forecast, by End-use, 2020-2034

    Table 69: India Thermal Fluids for Industrial Heaters Market Volume (Tons) Forecast, by Type, 2020-2034

    Table 70: India Thermal Fluids for Industrial Heaters Market Value (US$ Bn) Forecast, by Type, 2020-2034

    Table 71: India Thermal Fluids for Industrial Heaters Market Volume (Tons) Forecast, by End-use, 2020-2034

    Table 72: India Thermal Fluids for Industrial Heaters Market Value (US$ Bn) Forecast, by End-use, 2020-2034

    Table 73: ASEAN Thermal Fluids for Industrial Heaters Market Volume (Tons) Forecast, by Type, 2020-2034

    Table 74: ASEAN Thermal Fluids for Industrial Heaters Market Value (US$ Bn) Forecast, by Type, 2020-2034

    Table 75: ASEAN Thermal Fluids for Industrial Heaters Market Volume (Tons) Forecast, by End-use, 2020-2034

    Table 76: ASEAN Thermal Fluids for Industrial Heaters Market Value (US$ Bn) Forecast, by End-use, 2020-2034

    Table 77: Rest of Asia Pacific Thermal Fluids for Industrial Heaters Market Volume (Tons) Forecast, by Type, 2020-2034

    Table 78: Rest of Asia Pacific Thermal Fluids for Industrial Heaters Market Value (US$ Bn) Forecast, by Type, 2020-2034

    Table 79: Rest of Asia Pacific Thermal Fluids for Industrial Heaters Market Volume (Tons) Forecast, by End-use, 2020-2034

    Table 80: Rest of Asia Pacific Thermal Fluids for Industrial Heaters Market Value (US$ Bn) Forecast, by End-use, 2020-2034

    Table 81: Latin America Thermal Fluids for Industrial Heaters Market Volume (Tons) Forecast, by Type, 2020-2034

    Table 82: Latin America Thermal Fluids for Industrial Heaters Market Value (US$ Bn) Forecast, by Type, 2020-2034

    Table 83: Latin America Thermal Fluids for Industrial Heaters Market Volume (Tons) Forecast, by End-use, 2020-2034

    Table 84: Latin America Thermal Fluids for Industrial Heaters Market Value (US$ Bn) Forecast, by End-use, 2020-2034

    Table 85: Latin America Thermal Fluids for Industrial Heaters Market Volume (Tons) Forecast, by Country and Sub-region, 2020-2034

    Table 86: Latin America Thermal Fluids for Industrial Heaters Market Value (US$ Bn) Forecast, by Country and Sub-region, 2020-2034

    Table 87: Brazil Thermal Fluids for Industrial Heaters Market Volume (Tons) Forecast, by Type, 2020-2034

    Table 88: Brazil Thermal Fluids for Industrial Heaters Market Value (US$ Bn) Forecast, by Type, 2020-2034

    Table 89: Brazil Thermal Fluids for Industrial Heaters Market Volume (Tons) Forecast, by End-use, 2020-2034

    Table 90: Brazil Thermal Fluids for Industrial Heaters Market Value (US$ Bn) Forecast, by End-use, 2020-2034

    Table 91: Mexico Thermal Fluids for Industrial Heaters Market Volume (Tons) Forecast, by Type, 2020-2034

    Table 92: Mexico Thermal Fluids for Industrial Heaters Market Value (US$ Bn) Forecast, by Type, 2020-2034

    Table 93: Mexico Thermal Fluids for Industrial Heaters Market Volume (Tons) Forecast, by End-use, 2020-2034

    Table 94: Mexico Thermal Fluids for Industrial Heaters Market Value (US$ Bn) Forecast, by End-use, 2020-2034

    Table 95: Rest of Latin America Thermal Fluids for Industrial Heaters Market Volume (Tons) Forecast, by Type, 2020-2034

    Table 96: Rest of Latin America Thermal Fluids for Industrial Heaters Market Value (US$ Bn) Forecast, by Type, 2020-2034

    Table 97: Rest of Latin America Thermal Fluids for Industrial Heaters Market Volume (Tons) Forecast, by End-use, 2020-2034

    Table 98: Rest of Latin America Thermal Fluids for Industrial Heaters Market Value (US$ Bn) Forecast, by End-use, 2020-2034

    Table 99: Middle East & Africa Thermal Fluids for Industrial Heaters Market Volume (Tons) Forecast, by Type, 2020-2034

    Table 100: Middle East & Africa Thermal Fluids for Industrial Heaters Market Value (US$ Bn) Forecast, by Type, 2020-2034

    Table 101: Middle East & Africa Thermal Fluids for Industrial Heaters Market Volume (Tons) Forecast, by End-use, 2020-2034

    Table 102: Middle East & Africa Thermal Fluids for Industrial Heaters Market Value (US$ Bn) Forecast, by End-use, 2020-2034

    Table 103: Middle East & Africa Thermal Fluids for Industrial Heaters Market Volume (Tons) Forecast, by Country and Sub-region, 2020-2034

    Table 104: Middle East & Africa Thermal Fluids for Industrial Heaters Market Value (US$ Bn) Forecast, by Country and Sub-region, 2020-2034

    Table 105: GCC Thermal Fluids for Industrial Heaters Market Volume (Tons) Forecast, by Type, 2020-2034

    Table 106: GCC Thermal Fluids for Industrial Heaters Market Value (US$ Bn) Forecast, by Type, 2020-2034

    Table 107: GCC Thermal Fluids for Industrial Heaters Market Volume (Tons) Forecast, by End-use, 2020-2034

    Table 108: GCC Thermal Fluids for Industrial Heaters Market Value (US$ Bn) Forecast, by End-use, 2020-2034

    Table 109: South Africa Thermal Fluids for Industrial Heaters Market Volume (Tons) Forecast, by Type, 2020-2034

    Table 110: South Africa Thermal Fluids for Industrial Heaters Market Value (US$ Bn) Forecast, by Type, 2020-2034

    Table 111: South Africa Thermal Fluids for Industrial Heaters Market Volume (Tons) Forecast, by End-use, 2020-2034

    Table 112: South Africa Thermal Fluids for Industrial Heaters Market Value (US$ Bn) Forecast, by End-use, 2020-2034

    Table 113: Rest of Middle East & Africa Thermal Fluids for Industrial Heaters Market Volume (Tons) Forecast, by Type, 2020-2034

    Table 114: Rest of Middle East & Africa Thermal Fluids for Industrial Heaters Market Value (US$ Bn) Forecast, by Type, 2020-2034

    Table 115: Rest of Middle East & Africa Thermal Fluids for Industrial Heaters Market Volume (Tons) Forecast, by End-use, 2020-2034

    Table 116: Rest of Middle East & Africa Thermal Fluids for Industrial Heaters Market Value (US$ Bn) Forecast, by End-use, 2020-2034

    List of Figures

    Figure 1: Global Thermal Fluids for Industrial Heaters Market Volume Share Analysis, by Type, 2023, 2025, and 2034

    Figure 2: Global Thermal Fluids for Industrial Heaters Market Attractiveness, by Type

    Figure 3: Global Thermal Fluids for Industrial Heaters Market Volume Share Analysis, by End-use, 2023, 2025, and 2034

    Figure 4: Global Thermal Fluids for Industrial Heaters Market Attractiveness, by End-use

    Figure 5: Global Thermal Fluids for Industrial Heaters Market Volume Share Analysis, by Region, 2023, 2025, and 2034

    Figure 6: Global Thermal Fluids for Industrial Heaters Market Attractiveness, by Region

    Figure 7: North America Thermal Fluids for Industrial Heaters Market Volume Share Analysis, by Type, 2023, 2025, and 2034

    Figure 8: North America Thermal Fluids for Industrial Heaters Market Attractiveness, by Type

    Figure 9: North America Thermal Fluids for Industrial Heaters Market Volume Share Analysis, by End-use, 2023, 2025, and 2034

    Figure 10: North America Thermal Fluids for Industrial Heaters Market Attractiveness, by End-use

    Figure 11: North America Thermal Fluids for Industrial Heaters Market Volume Share Analysis, by Country, 2023, 2025, and 2034

    Figure 12: North America Thermal Fluids for Industrial Heaters Market Attractiveness, by Country

    Figure 13: Europe Thermal Fluids for Industrial Heaters Market Volume Share Analysis, by Type, 2023, 2025, and 2034

    Figure 14: Europe Thermal Fluids for Industrial Heaters Market Attractiveness, by Type

    Figure 15: Europe Thermal Fluids for Industrial Heaters Market Volume Share Analysis, by End-use, 2023, 2025, and 2034

    Figure 16: Europe Thermal Fluids for Industrial Heaters Market Attractiveness, by End-use

    Figure 17: Europe Thermal Fluids for Industrial Heaters Market Volume Share Analysis, by Country and Sub-region, 2023, 2025, and 2034

    Figure 18: Europe Thermal Fluids for Industrial Heaters Market Attractiveness, by Country and Sub-region

    Figure 19: Asia Pacific Thermal Fluids for Industrial Heaters Market Volume Share Analysis, by Type, 2023, 2025, and 2034

    Figure 20: Asia Pacific Thermal Fluids for Industrial Heaters Market Attractiveness, by Type

    Figure 21: Asia Pacific Thermal Fluids for Industrial Heaters Market Volume Share Analysis, by End-use, 2023, 2025, and 2034

    Figure 22: Asia Pacific Thermal Fluids for Industrial Heaters Market Attractiveness, by End-use

    Figure 23: Asia Pacific Thermal Fluids for Industrial Heaters Market Volume Share Analysis, by Country and Sub-region, 2023, 2025, and 2034

    Figure 24: Asia Pacific Thermal Fluids for Industrial Heaters Market Attractiveness, by Country and Sub-region

    Figure 25: Latin America Thermal Fluids for Industrial Heaters Market Volume Share Analysis, by Type, 2023, 2025, and 2034

    Figure 26: Latin America Thermal Fluids for Industrial Heaters Market Attractiveness, by Type

    Figure 27: Latin America Thermal Fluids for Industrial Heaters Market Volume Share Analysis, by End-use, 2023, 2025, and 2034

    Figure 28: Latin America Thermal Fluids for Industrial Heaters Market Attractiveness, by End-use

    Figure 29: Latin America Thermal Fluids for Industrial Heaters Market Volume Share Analysis, by Country and Sub-region, 2023, 2025, and 2034

    Figure 30: Latin America Thermal Fluids for Industrial Heaters Market Attractiveness, by Country and Sub-region

    Figure 31: Middle East & Africa Thermal Fluids for Industrial Heaters Market Volume Share Analysis, by Type, 2023, 2025, and 2034

    Figure 32: Middle East & Africa Thermal Fluids for Industrial Heaters Market Attractiveness, by Type

    Figure 33: Middle East & Africa Thermal Fluids for Industrial Heaters Market Volume Share Analysis, by End-use, 2023, 2025, and 2034

    Figure 34: Middle East & Africa Thermal Fluids for Industrial Heaters Market Attractiveness, by End-use

    Figure 35: Middle East & Africa Thermal Fluids for Industrial Heaters Market Volume Share Analysis, by Country and Sub-region, 2023, 2025, and 2034

    Figure 36: Middle East & Africa Thermal Fluids for Industrial Heaters Market Attractiveness, by Country and Sub-region

Copyright © Transparency Market Research, Inc. All Rights reserved