Summary
The global and Chinese economies were hit hard in 2020, and the global GDP grew by XX% in 2021. Although the global growth prospects improved and there was a V-shaped rebound, this does not mean that the economy has really recovered to the level before the epidemic. The vast majority of countries are still in the stage of recovery after heavy damage and are far from achieving real recovery.
2023 is a year of continuous recovery. Global supply chain disturbance, geopolitical tension, energy price fluctuation, local labor shortage and rising raw material prices will affect the resilience of economic recovery. The International Monetary Fund (IMF) predicts that the world economy will grow by XX% in 2023, of which the U.S. economy will grow by about XX%. Driven by China and India, Asia is expected to become the fastest growing region in the world in 2023. However, China's economic growth has slowed down. The 2023 government work report shows that the expected target of economic growth is set at about XX%.
According to research, China has set a growth rate of about XX%, which not only focuses on the speed of economic growth, but also anchors the quality of economic development. Scientific and technological innovation, economic and social digitization and green development will be the long-term goals of China's economic development. It is expected that in 2023, major economies such as the United States, Europe and China will introduce more favorable policies to drive the development of switching power supply industry.
VIC Research released the 《Global Heat Transfer Oil Market Segment Research Report 2023》, which aims to sort out the development status and trends of the Heat Transfer Oil industry at home and abroad, estimate the overall market scale of the Heat Transfer Oil industry and the market share of major countries, Heat Transfer Oil industry, and study and judge the downstream market demand of Heat Transfer Oil through systematic research, Analyze the competition pattern of Heat Transfer Oil, so as to help solve the pain points of various stakeholders in Heat Transfer Oil industry. This industry research report combines desktop research, qualitative interviews with insiders or experts and other methods to strive for the objectivity and integrity of conclusions and data.
Regional Segmentation (Value; Revenue, USD Million, 2019-2029) of Heat Transfer Oil Market by VIC Research Include
USA
Europe
China
Japan
India
Korea
Southeast Asia
Competitive Analysis; Who are the Major Players in Heat Transfer Oil Market?
Exxon Mobil Corporation
The DOW Chemical Company
BASF
Chevron Corporation
Royal Dutch Shell
Indian Oil Corporation
Hindustan Petroleum Corporation
Bharat Petroleum Corporation
Huntsman Corporation
Global Heat Transfer
Honeywell International
Eastman Chemical Company
Acota Ltd.
Applied Thermal Control
Paratherm Corporation
Petro-Canada
Major Type of Heat Transfer Oil Covered in VIC Research report:
Mineral Oils
Silicone & Aromatics
PAG & Glycol-based Fluids
Application Segments Covered in VIC Research Market
Oil & Gas
Chemical
Concentrated Solar Power
Manufacturing Process
Pharmaceuticals
Biodiesel Production
Others
For any other requirements, please feel free to contact us and we will provide you customized report.
Table of Contents
Global Heat Transfer Oil Market Segment Research Report 2023
1. Research Scope
2. Market Overview
2.1 Product Introduction, Application, Picture
2.2 Global Heat Transfer Oil Market by Value
2.2.1 Global Heat Transfer Oil Revenue by Type
2.2.2 Global Heat Transfer Oil Market by Value
2.3 Global Heat Transfer Oil Market by Sales
2.3.1 Global Heat Transfer Oil Sales by Type
2.3.2 Global Heat Transfer Oil Market by Sales
3. The Major Driver of Heat Transfer Oil Industry
3.1 Historical & Forecast Global Heat Transfer Oil Sales and Revenue (2019-2029)
3.2 Largest Application for Heat Transfer Oil (2019-2029)
3.3 The Major Downstream Company in China Market 2023
4. Global and Regional Heat Transfer Oil Market
4.1 Regional Market Size in Terms of Sales (2023 & 2029)
4.2 Regional Market Share in Terms of Revenue (2023 & 2029)
4.3 Concentration Ratio (CR5& CR10) of Heat Transfer Oil Market
4.4 Mergers & Acquisitions, Expansion Plans
5. US Heat Transfer Oil Sales (2019-2029)
5.1 Current and Estimated Sales Breakdown by Type (2019-2029)
5.2 Current and Estimated Sales Breakdown by Application (2019-2029)
5.3 Current and Estimated Revenue Breakdown by Type (2019-2029)
5.4 Current and Estimated Revenue Breakdown by Application (2019-2029)
6. Europe Heat Transfer Oil Sales (2019-2029)
6.1 Current and Estimated Sales Breakdown by Type (2019-2029)
6.2 Current and Estimated Sales Breakdown by Application (2019-2029)
6.3 Current and Estimated Revenue Breakdown by Type (2019-2029)
6.4 Current and Estimated Revenue Breakdown by Application (2019-2029)
7. China Heat Transfer Oil Sales (2019-2029)
7.1 Current and Estimated Sales Breakdown by Type (2019-2029)
7.2 Current and Estimated Sales Breakdown by Application (2019-2029)
7.3 Current and Estimated Revenue Breakdown by Type (2019-2029)
7.4 Current and Estimated Revenue Breakdown by Application (2019-2029)
8. Japan Heat Transfer Oil Sales (2019-2029)
8.1 Current and Estimated Sales Breakdown by Type (2019-2029)
8.2 Current and Estimated Sales Breakdown by Application (2019-2029)
8.3 Current and Estimated Revenue Breakdown by Type (2019-2029)
8.4 Current and Estimated Revenue Breakdown by Application (2019-2029)
9. India Heat Transfer Oil Sales (2019-2029)
9.1 Current and Estimated Sales Breakdown by Type (2019-2029)
9.2 Current and Estimated Sales Breakdown by Application (2019-2029)
9.3 Current and Estimated Revenue Breakdown by Type (2019-2029)
9.4 Current and Estimated Revenue Breakdown by Application (2019-2029)
10. Korea Heat Transfer Oil Sales (2019-2029)
10.1 Current and Estimated Sales Breakdown by Type (2019-2029)
10.2 Current and Estimated Sales Breakdown by Application (2019-2029)
10.3 Current and Estimated Revenue Breakdown by Type (2019-2029)
10.4 Current and Estimated Revenue Breakdown by Application (2019-2029)
11. Southeast Asia Heat Transfer Oil Sales (2019-2029)
11.1 Current and Estimated Sales Breakdown by Type (2019-2029)
11.2 Current and Estimated Sales Breakdown by Application (2019-2029)
11.3 Current and Estimated Revenue Breakdown by Type (2019-2029)
11.4 Current and Estimated Revenue Breakdown by Application (2019-2029)
12. South America Heat Transfer Oil Sales (2019-2029)
12.1 Current and Estimated Sales Breakdown by Type (2019-2029)
12.2 Current and Estimated Sales Breakdown by Application (2019-2029)
12.3 Current and Estimated Revenue Breakdown by Type (2019-2029)
12.4 Current and Estimated Revenue Breakdown by Application (2019-2029)
13. Global Heat Transfer Oil Average Price Trend
13.1 Market Price for Each Type of Heat Transfer Oil in US (2019-2023)
13.2 Market Price for Each Type of Heat Transfer Oil in Europe (2019-2023)
13.3 Market Price for Each Type of Heat Transfer Oil in China (2019-2023)
13.4 Market Price for Each Type of Heat Transfer Oil in Japan (2019-2023)
13.5 Market Price for Each Type of Heat Transfer Oil in India (2019-2023)
13.6 Market Price for Each Type of Heat Transfer Oil in Korea (2019-2023)
13.7 Market Price for Each Type of Heat Transfer Oil in Southeast Asia (2019-2023)
13.8 Market Price for Each Type of Heat Transfer Oil in South America (2019-2023)
14. Industrial Chain (Impact of COVID-19)
14.1 Heat Transfer Oil Industrial Chain Analysis
14.2 Downstream
14.3 Impact of COVID-19
14.4 Post-pandemic Era
14.5 Technology Trends of Heat Transfer Oil
15. Heat Transfer Oil Competitive Landscape
15.1 Exxon Mobil Corporation
15.1.1 Exxon Mobil Corporation Company Profiles
15.1.2 Exxon Mobil Corporation Product Introduction
15.1.3 Exxon Mobil Corporation Heat Transfer Oil Sales, Revenue (2019-2023)
15.1.4 Strategic initiatives
15.2 The DOW Chemical Company
15.2.1 The DOW Chemical Company Company Profiles
15.2.2 The DOW Chemical Company Product Introduction
15.2.3 The DOW Chemical Company Heat Transfer Oil Sales, Revenue (2019-2023)
15.2.4 Strategic initiatives
15.3 BASF
15.3.1 BASF Company Profiles
15.3.2 BASF Product Introduction
15.3.3 BASF Heat Transfer Oil Sales, Revenue (2019-2023)
15.3.4 Strategic initiatives
15.4 Chevron Corporation
15.4.1 Chevron Corporation Company Profiles
15.4.2 Chevron Corporation Product Introduction
15.4.3 Chevron Corporation Heat Transfer Oil Sales, Revenue (2019-2023)
15.4.4 Strategic initiatives
15.5 Royal Dutch Shell
15.5.1 Royal Dutch Shell Company Profiles
15.5.2 Royal Dutch Shell Product Introduction
15.5.3 Royal Dutch Shell Heat Transfer Oil Sales, Revenue (2019-2023)
15.5.4 Strategic initiatives
15.6 Indian Oil Corporation
15.6.1 Indian Oil Corporation Company Profiles
15.6.2 Indian Oil Corporation Product Introduction
15.6.3 Indian Oil Corporation Heat Transfer Oil Sales, Revenue (2019-2023)
15.6.4 Strategic initiatives
15.7 Hindustan Petroleum Corporation
15.7.1 Hindustan Petroleum Corporation Company Profiles
15.7.2 Hindustan Petroleum Corporation Product Introduction
15.7.3 Hindustan Petroleum Corporation Heat Transfer Oil Sales, Revenue (2019-2023)
15.7.4 Strategic initiatives
15.8 Bharat Petroleum Corporation
15.8.1 Bharat Petroleum Corporation Company Profiles
15.8.2 Bharat Petroleum Corporation Product Introduction
15.8.3 Bharat Petroleum Corporation Heat Transfer Oil Sales, Revenue (2019-2023)
15.8.4 Strategic initiatives
15.9 Huntsman Corporation
15.9.1 Huntsman Corporation Company Profiles
15.9.2 Huntsman Corporation Product Introduction
15.9.3 Huntsman Corporation Heat Transfer Oil Sales, Revenue (2019-2023)
15.9.4 Strategic initiatives
15.10 Global Heat Transfer
15.10.1 Global Heat Transfer Company Profiles
15.10.2 Global Heat Transfer Product Introduction
15.10.3 Global Heat Transfer Heat Transfer Oil Sales, Revenue (2019-2023)
15.10.4 Strategic initiatives
15.11 Honeywell International
15.12 Eastman Chemical Company
15.13 Acota Ltd.
15.14 Applied Thermal Control
15.15 Paratherm Corporation
15.16 Petro-Canada
16. Conclusion
17. Methodology and Data Source
List of Tables and Figures
Figure 1. Total Sales by Application of Heat Transfer Oil Industry (Volume)
Figure 2. Heat Transfer Oil Sales by Regions in 2023
Figure 3. Regional Market Share in Terms of Revenue (2023&2029)
Figure 4. The Top 10 and 5 Players Market Share by Heat Transfer Oil Revenue in 2023
Figure 5. US Heat Transfer Oil Sales (2019-2029)
Figure 6. Sales Breakdown by Type (%)
Figure 7. Sales Breakdown by Type (%)
Figure 8. Sales Breakdown by Application (%)
Figure 9. Revenue Breakdown by Type (%)
Figure 10. Revenue Breakdown by Application (%)
Figure 11. Europe Heat Transfer Oil Sales (2019-2029)
Figure 12. Sales Breakdown by Type (%)
Figure 13. Sales Breakdown by Type (%)
Figure 14. Sales Breakdown by Application (%)
Figure 15. Revenue Breakdown by Type (%)
Figure 16. Revenue Breakdown by Application (%)
Figure 17. China Heat Transfer Oil Sales (2019-2029)
Figure 18. Sales Breakdown by Type (%)
Figure 19. Sales Breakdown by Type (%)
Figure 20. Sales Breakdown by Application (%)
Figure 21. Current and Estimated Revenue Breakdown by Type
Figure 22. Revenue Breakdown by Type (%)
Figure 23. Revenue Breakdown by Application (%)
Figure 24. Japan Heat Transfer Oil Sales (2019-2029)
Figure 25. Sales Breakdown by Type (%)
Figure 26. Sales Breakdown by Type (%)
Figure 27. Sales Breakdown by Application (%)
Figure 28. Revenue Breakdown by Type (%)
Figure 29. Revenue Breakdown by Application (%)
Figure 30. India Heat Transfer Oil Sales (2019-2029)
Figure 31. Sales Breakdown by Type (%)
Figure 32. Sales Breakdown by Type (%)
Figure 33. Sales Breakdown by Application (%)
Figure 34. Revenue Breakdown by Type (%)
Figure 35. Revenue Breakdown by Application (%)
Figure 36. Korea Heat Transfer Oil Sales (2019-2029)
Figure 37. Sales Breakdown by Type (%)
Figure 38. Sales Breakdown by Type (%)
Figure 39. Sales Breakdown by Application (%)
Figure 40. Revenue Breakdown by Type (%)
Figure 41. Revenue Breakdown by Application (%)
Figure 42. Southeast Asia Heat Transfer Oil Sales (2019-2029)
Figure 43. Current and Estimated Sales Breakdown by Type (2019-2029)
Figure 44. Sales Breakdown by Type (%)
Figure 45. Sales Breakdown by Type (%)
Figure 46. Revenue Breakdown by Type (%)
Figure 47. Revenue Breakdown by Application (%)
Figure 48. Industrial Chain
Table 1. Top Manufacturers and Market Segmentation
Table 2. Product Introduction, Application, Picture
Table 3. Heat Transfer Oil Revenue, by Type (Million USD) (2019-2029)
Table 4. Heat Transfer Oil Sales, by Type (K Unit) (2019-2029)
Table 5. Heat Transfer Oil Sales (K Unit) by Application (2019-2029)
Table 6. Heat Transfer Oil Sales (Million USD) by Application (2019-2029)
Table 7. The Major Downstream Company in China
Table 8. Regional Market Share in Terms of Sales (2023)
Table 9. Regional Market Share in Terms of Revenue (2023&2029)
Table 10. Ranking of Global Top Heat Transfer Oil Companies by Revenue, Concentration Ratio in 2023
Table 11. Mergers & Acquisitions, Expansion Plans
Table 12. US Heat Transfer Oil Sales (K Unit), Market Revenue (Million USD) (2019-2029)
Table 13. Current and Estimated Sales Breakdown by Type (2019-2029)
Table 14. Current and Estimated Sales Breakdown by Type (2019-2029)
Table 15. Current and Estimated Sales Breakdown by Application (2019-2029)
Table 16. Current and Estimated Revenue Breakdown by Type
Table 17. Current and Estimated Revenue Breakdown by Application
Table 18. Europe Heat Transfer Oil Sales (K Unit), Market Revenue (Million USD) (2019-2029)
Table 19. Current and Estimated Sales Breakdown by Type (2019-2029)
Table 20. Current and Estimated Sales Breakdown by Type (2019-2029)
Table 21. Current and Estimated Sales Breakdown by Application (2019-2029)
Table 22. Current and Estimated Revenue Breakdown by Type
Table 23. Current and Estimated Revenue Breakdown by Application
Table 24. China Heat Transfer Oil Sales (K Unit), Market Revenue (Million USD) (2019-2029)
Table 25. Table Current and Estimated Sales Breakdown by Type
Table 26. Current and Estimated Sales Breakdown by Type
Table 27. Current and Estimated Sales Breakdown by Application
Table 28. Current and Estimated Revenue Breakdown by Application
Table 29. Japan Heat Transfer Oil Sales (K Unit), Market Revenue (Million USD) (2019-2029)
Table 30. Current and Estimated Sales Breakdown by Type (2019-2029)
Table 31. Current and Estimated Sales Breakdown by Type (2019-2029)
Table 32. Current and Estimated Sales Breakdown by Application (2019-2029)
Table 33. Current and Estimated Revenue Breakdown by Type
Table 34. Current and Estimated Revenue Breakdown by Application
Table 35. India Heat Transfer Oil Sales (K Unit), Market Revenue (Million USD) (2019-2029)
Table 36. Current and Estimated Sales Breakdown by Type (2019-2029)
Table 37. Current and Estimated Sales Breakdown by Type (2019-2029)
Table 38. Current and Estimated Sales Breakdown by Application (2019-2029)
Table 39. Current and Estimated Revenue Breakdown by Type
Table 40. Current and Estimated Revenue Breakdown by Application
Table 41. Korea Heat Transfer Oil Sales (K Unit), Market Revenue (Million USD) (2019-2029)
Table 42. Current and Estimated Sales Breakdown by Type (2019-2029)
Table 43. Current and Estimated Sales Breakdown by Type (2019-2029)
Table 44. Current and Estimated Sales Breakdown by Application (2019-2029)
Table 45. Current and Estimated Revenue Breakdown by Type
Table 46. Current and Estimated Revenue Breakdown by Application
Table 47. Southeast Asia Heat Transfer Oil Sales (K Unit), Market Revenue (Million USD) (2019-2029)
Table 48. Table Current and Estimated Sales Breakdown by Type (2019-2029)
Table 49. Current and Estimated Sales Breakdown by Application (2019-2029)
Table 50. Current and Estimated Revenue Breakdown by Type
Table 51. Current and Estimated Revenue Breakdown by Application
Table 52. Market Price (USD/Unit) for Each Type of Heat Transfer Oil in US (2019-2023)
Table 53. Market Price (USD/Unit) for Each Type of Heat Transfer Oil in Europe (2019-2023)
Table 54. Market Price (USD/Unit) for Each Type of Heat Transfer Oil in China (2019-2023)
Table 55. Market Price (USD/Unit) for Each Type of Heat Transfer Oil in Japan (2019-2023)
Table 56. Market Price (USD/Unit) for Each Type of Heat Transfer Oil in India (2019-2023)
Table 57. Market Price (USD/Unit) for Each Type of Heat Transfer Oil in Korea (2019-2023)
Table 58. Market Price (USD/Unit) for Each Type of Heat Transfer Oil in Southeast Asia (2019-2023)
Table 59. Key Downstream Customer in Each Application Field
Table 60. Exxon Mobil Corporation Profiles
Table 61. Exxon Mobil Corporation Heat Transfer Oil Product Introduction
Table 62. Exxon Mobil Corporation Heat Transfer Oil Sales (Unit), Revenue (Million USD) (2019-2023)
Table 63. Exxon Mobil Corporation Strategic initiatives
Table 64. The DOW Chemical Company Profiles
Table 65. The DOW Chemical Company Heat Transfer Oil Product Introduction
Table 66. The DOW Chemical Company Heat Transfer Oil Sales (Unit), Revenue (Million USD) (2019-2023)
Table 67. The DOW Chemical Company Strategic initiatives
Table 68. BASF Profiles
Table 69. BASF Heat Transfer Oil Product Introduction
Table 70. BASF Heat Transfer Oil Sales (Unit), Revenue (Million USD) (2019-2023)
Table 71. BASF Strategic initiatives
Table 72. Chevron Corporation Profiles
Table 73. Chevron Corporation Heat Transfer Oil Product Introduction
Table 74. Chevron Corporation Heat Transfer Oil Sales (Unit), Revenue (Million USD) (2019-2023)
Table 75. Chevron Corporation Strategic initiatives
Table 76. Royal Dutch Shell Profiles
Table 77. Royal Dutch Shell Heat Transfer Oil Product Introduction
Table 78. Royal Dutch Shell Heat Transfer Oil Sales (Unit), Revenue (Million USD) (2019-2023)
Table 79. Royal Dutch Shell Strategic initiatives
Table 80. Indian Oil Corporation Profiles
Table 81. Indian Oil Corporation Heat Transfer Oil Product Introduction
Table 82. Indian Oil Corporation Heat Transfer Oil Sales (Unit), Revenue (Million USD) (2019-2023)
Table 83. Indian Oil Corporation Strategic initiatives
Table 84. Hindustan Petroleum Corporation Profiles
Table 85. Hindustan Petroleum Corporation Heat Transfer Oil Product Introduction
Table 86. Hindustan Petroleum Corporation Heat Transfer Oil Sales (Unit), Revenue (Million USD) (2019-2023)
Table 87. Hindustan Petroleum Corporation Strategic initiatives
Table 88. Bharat Petroleum Corporation Profiles
Table 89. Bharat Petroleum Corporation Heat Transfer Oil Product Introduction
Table 90. Bharat Petroleum Corporation Heat Transfer Oil Sales (Unit), Revenue (Million USD) (2019-2023)
Table 91. Bharat Petroleum Corporation Strategic initiatives
Table 92. Huntsman Corporation Profiles
Table 93. Huntsman Corporation Heat Transfer Oil Product Introduction
Table 94. Huntsman Corporation Heat Transfer Oil Sales (Unit), Revenue (Million USD) (2019-2023)
Table 95. Huntsman Corporation Strategic initiatives
Table 97. Global Heat Transfer Profiles
Table 98. Global Heat Transfer Heat Transfer Oil Product Introduction
Table 99. Global Heat Transfer Heat Transfer Oil Sales (Unit), Revenue (Million USD) (2019-2023)
Table 100. Global Heat Transfer Strategic initiatives
Table 101. Honeywell International Profiles
Table 102. Honeywell International Heat Transfer Oil Product Introduction
Table 103. Honeywell International Heat Transfer Oil Sales (Unit), Revenue (Million USD) (2019-2023)
Table 104. Honeywell International Strategic initiatives
Table 105. Eastman Chemical Company Profiles
Table 106. Eastman Chemical Company Heat Transfer Oil Product Introduction
Table 107. Eastman Chemical Company Heat Transfer Oil Sales (Unit), Revenue (Million USD) (2019-2023)
Table 108. Eastman Chemical Company Strategic initiatives
Table 109. Acota Ltd. Profiles
Table 110. Acota Ltd. Heat Transfer Oil Product Introduction
Table 111. Acota Ltd. Heat Transfer Oil Sales (Unit), Revenue (Million USD) (2019-2023)
Table 112. Acota Ltd. Strategic initiatives
Table 113. Applied Thermal Control Profiles
Table 114. Applied Thermal Control Heat Transfer Oil Product Introduction
Table 115. Applied Thermal Control Heat Transfer Oil Sales (Unit), Revenue (Million USD) (2019-2023)
Table 116. Applied Thermal Control Strategic initiatives
Table 117. Paratherm Corporation Profiles
Table 118. Paratherm Corporation Heat Transfer Oil Product Introduction
Table 119. Paratherm Corporation Heat Transfer Oil Sales (Unit), Revenue (Million USD) (2019-2023)
Table 120. Paratherm Corporation Strategic initiatives
Table 121. Petro-Canada Profiles
Table 122. Petro-Canada Heat Transfer Oil Product Introduction
Table 123. Petro-Canada Heat Transfer Oil Sales (Unit), Revenue (Million USD) (2019-2023)
Table 124. Petro-Canada Strategic initiatives
The research methodology employed by VICResearch has been subjected by numerous procedures in order to guarantee the quality and accuracy of the data contained within the reports. The analysts are employed full-time and received more than six months training to satisfy the standard of VICResearch. VICResearch’s methodology can be divided into five stages:
Stage 1: Secondary research
The research team first works with magazines, industry trade group, and administration that operate in the research field. The information provided by our in-house documentation service helps us carrying out further research. Our team which has the experience as well as the knowledge efficiently extracts the accurate information from existing source.
Stage 2: Primary research: interviews with trade sources
After the first stage, the research team conducts large number of face-to-face or telephone interviews with the representative companies operating in the research field. The analysts attempt to obtain a chance to talk with leading players in the field as well as with small companies. The upstream suppliers, manufacturers, distributors, importers, installers, wholesalers and consumers are all included in the interviews. The data gathered during the interview is then carefully checked and compared with the secondary research.
Stage 3: Analysis of the gathered data
The analysis team checks and synthesizes the data gathered during the first two stages. To validate the data, a second series of interviews can be conducted.
Stage 4: Quantitative data
The quantitative data such as market estimates, production and capacity of manufacturer, market forecasts and investment feasibility is provided by VICResearch. The data is based on the estimates obtained during stage 3.
The research team also provides appreciation and analysis of the market and the quantitative data contained in the reports. The data is consequently unique to VICResearch.
Stage 5: Quality control
Before publishing, every report goes under a rigorous checking and editing process, which is done by experience management team to ensure the reliability of the published data. Each analyst in the research team receives support and on-going training which is part of the VICResearch’s internal quality process.
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