열전달유체 시장 : 제품 유형별, 온도별, 최종 이용 산업별, 지역별 - 예측(-2030년)

The heat transfer fluids market is projected to grow from USD 5.1 billion in 2025 to USD 6.3 billion by 2030, registering a CAGR of 4.3% during the forecast period.

The growth of the heat transfer fluids market is driven by several key factors, including rapid industrialization, rising energy efficiency needs, and the expansion of major end-use industries. As industrial processes become more advanced and widespread, especially in emerging economies, the requirement for effective thermal management solutions becomes crucial. Industries such as chemical, petrochemical, automotive, food and beverage, pharmaceuticals, and HVAC heavily rely on heat transfer fluids to maintain optimal operating temperatures and ensure efficient processes. The increasing emphasis on energy conservation and efficiency further propels the market, as heat transfer fluids are essential in reducing energy consumption and improving overall thermal system performance.

Additionally, the adoption of renewable energy sources like solar and wind power demands advanced heat transfer fluids for energy storage and transfer. Technological innovations in heat transfer fluid formulations-offering better thermal stability, lower maintenance, and higher safety-also support market expansion. Furthermore, strict environmental regulations and the shift toward sustainable industrial practices promote the use of high-performance, eco-friendly heat transfer fluids, expanding the market further. These combined factors create strong demand across various sectors, fueling overall market growth.

"Synthetic fluids, by product type, to be fastest-growing segment in terms of value during forecast period"

Synthetic fluids represent the fastest-growing and second-largest segment in the heat transfer fluids market due to their superior performance features, making them highly suitable for demanding industrial uses. Unlike mineral oils and glycol-based fluids, synthetic options provide exceptional thermal stability, enabling efficient operation at both high and low temperatures without breaking down. This quality makes them ideal for industries with strict thermal needs, such as chemical processing, pharmaceuticals, and high-temperature manufacturing. Additionally, synthetic fluids offer excellent heat transfer efficiency and lower volatility, improving system safety and durability. Their advanced formulas also resist oxidation and fouling better, which helps lower maintenance costs and extends the lifespan of heat transfer systems. Moreover, synthetic fluids often comply with stricter environmental and safety standards, making them a preferred choice in regions with rigorous regulations. Although they tend to be more costly than mineral oils, their long-term performance advantages and operational efficiency justify the investment, securing their prominent market share.

"Medium temperature to be second-largest segment in heat transfer fluids market in terms of value during forecast period"

Medium-temperature heat transfer fluids hold the second-largest market share in the heat transfer fluids industry because they provide an optimal balance between performance, cost, and versatility, making them suitable for a wide range of industrial operations. These fluids, usually functioning between 150°C and 400°C, are widely used in industries such as chemical processing, plastics, oil and gas, and food and beverage manufacturing, where consistent heating and cooling are needed but the extreme resistance of high-temperature or cryogenic fluids is not required. Their ability to deliver stable thermal performance without rapid degradation makes them highly cost-effective compared to high-temperature synthetics, while offering broader applicability than low-temperature fluids outside refrigeration and cold chain applications. In sectors like polymer and resin production, refining, and general manufacturing, medium-temperature HTFs ensure precise temperature control, reduce energy consumption, and improve process efficiency, making them essential. Moreover, the increasing industrialization in emerging economies and the need for energy-efficient and safer thermal management solutions are boosting demand for these fluids. Their versatility in both continuous and batch processes and easier maintenance and replacement cycles helps ensure that medium-temperature fluids remain the second most used category in the global heat transfer fluids market.

"Industrial processing to be fastest-growing application segment of heat transfer fluids in terms of value during forecast period"

Industrial processing is the fastest-growing segment in the heat transfer fluids (HTFs) market because global manufacturing is expanding quickly, driven by increasing demand for chemicals, polymers, pharmaceuticals, processed food, and metals. These industries need precise thermal management in processes like distillation, polymerization, crystallization, refining, and reactor heating, where HTFs ensure efficiency, safety, and product consistency. Growth in industrial processing is especially strong in emerging economies across Asia-Pacific, the Middle East, and Latin America, where rapid industrialization, urbanization, and infrastructure development are fueling significant investments in chemical plants, refineries, and manufacturing facilities. Additionally, stricter energy efficiency regulations and sustainability goals are encouraging industries to switch from traditional heating methods to advanced HTFs that reduce energy loss, extend equipment lifespan, and enhance operational reliability. Ongoing technological progress, including the development of eco-friendly and longer-lasting HTFs, further promotes adoption in industrial settings. Compared to other applications like HVAC or automotive, industrial processing uses larger volumes of HTFs but and This combination of expanding end-use industries, regulatory backing, and technological improvements makes industrial processing the fastest-growing application area for heat transfer fluids globally.

"HVAC to be fastest-growing end-use industry segment of heat transfer fluids market in terms of value during forecast period"

The HVAC industry is rapidly becoming the fastest-growing end-use sector for heat transfer fluids (HTFs) due to the increasing global demand for energy-efficient cooling and heating solutions in homes, businesses, and industry. Rapid urbanization, population growth, and higher living standards are boosting the need for air conditioning, refrigeration, and heating systems, especially in developing regions across Asia-Pacific, the Middle East, and Latin America. Meanwhile, mature markets in North America and Europe are increasingly upgrading HVAC systems to meet stricter energy efficiency and environmental standards, which boosts the adoption of advanced HTFs that offer better thermal performance with less energy loss. Additionally, the growth of cold chain logistics, data centers, and green buildings is raising demand for glycol-based and synthetic HTFs that can operate reliably across low- and medium-temperature ranges. With a greater focus on sustainability, manufacturers are also launching eco-friendly and non-toxic HTFs designed specifically for HVAC applications, further speeding up their adoption. Compared to other sectors, HVAC has high growth potential driven by ongoing system upgrades, climate change, increasing reliance on cooling, and policies promoting energy-efficient building tech. These factors make HVAC the fastest-growing end-use industry in the heat transfer fluids market.

In-depth interviews were conducted with Chief Executive Officers (CEOs), marketing directors, other innovation and technology directors, and executives from various key organizations in the heat transfer fluids market. Additionally, information was gathered through secondary research to assess and validate the market size of different segments.

• By Company Type: Tier 1 - 50%, Tier 2 - 30%, and Tier 3 - 20%
• By Designation: Managers- 15%, Directors - 20%, and Others - 65%
• By Region: North America - 25%, Europe - 15%, Asia Pacific - 45%, Middle East & Africa - 10%, South America - 5%.

The heat transfer fluids market comprises Dow (US), Eastman Chemical Company (US), ExxonMobil (US), Chevron Corporation (US), Huntsman Corporation (US), Shell PLC (UK), Lanxess (Germany), Clariant (Switzerland), Wacker Chemie AG (Germany), Indian Oil Corporation Ltd. (India), and Schultz Canada Chemicals Ltd. (Canada). The study provides an in-depth competitive analysis of key players in the Heat transfer fluids market, including their company profiles, recent developments, and main market strategies.

Research Coverage

This report segments the heat transfer fluids market based on product type, temperature, application, end-use industry, and region, and provides estimates for the overall market value across different regions. A detailed analysis of key industry players has been conducted to offer insights into their business overviews, products and services, key strategies, and expansions related to the heat transfer fluids market.

Key benefits of buying report

This research report focuses on various levels of analysis - industry analysis (industry trends), market ranking analysis of top players, and company profiles, which together provide an overall view of the competitive landscape; emerging and high-growth segments of the Heat transfer fluids market; high-growth regions; and market drivers, restraints, opportunities, and challenges.

The report provides insights into the following pointers:

• Analysis of drivers: (Increasing expansion in renewable and industrial heat applications), restraints (Absence of standardized testing and performance criteria for EV cooling fluids), opportunities (Customized, application-specific formulations in HTF industry), and challenges (Balancing performance with environmental compliance).
• Market Penetration: Comprehensive information on the heat transfer fluids offered by top players in the heat transfer fluids market.
• Product Development/Innovation: Detailed insights into upcoming technologies, research and development activities, partnerships, agreements, joint ventures, collaborations, announcements, awards, and market expansion.
• Market Development: The report provides comprehensive information about lucrative emerging markets and analyzes the heat transfer fluids market across regions.
• Market Capacity: Production capacities of companies manufacturing heat transfer fluids are provided wherever available, along with upcoming capacities for the heat transfer fluids market.
• Competitive Assessment: In-depth assessment of market shares, strategies, products, and manufacturing capabilities of leading players in the Heat transfer fluids market.

TABLE OF CONTENTS

1 INTRODUCTION

• 1.1 STUDY OBJECTIVES
• 1.2 MARKET DEFINITION
• 1.3 STUDY SCOPE
  • 1.3.1 MARKET SEGMENTATION AND REGIONAL SCOPE
  • 1.3.2 YEARS CONSIDERED
  • 1.3.3 INCLUSIONS AND EXCLUSIONS OF STUDY
  • 1.3.4 CURRENCY CONSIDERED
  • 1.3.5 UNITS CONSIDERED
• 1.4 LIMITATIONS
• 1.5 STAKEHOLDERS

2 RESEARCH METHODOLOGY

• 2.1 RESEARCH DATA
  • 2.1.1 SECONDARY DATA
    • 2.1.1.1 Key data from secondary sources
  • 2.1.2 PRIMARY DATA
    • 2.1.2.1 Key data from primary sources
    • 2.1.2.2 Key primary sources
    • 2.1.2.3 Key participants for primary interviews
    • 2.1.2.4 Breakdown of interviews with experts
    • 2.1.2.5 Key industry insights
• 2.2 BASE NUMBER CALCULATION
  • 2.2.1 SUPPLY-SIDE ANALYSIS
  • 2.2.2 DEMAND-SIDE ANALYSIS
• 2.3 GROWTH FORECAST
  • 2.3.1 SUPPLY SIDE
  • 2.3.2 DEMAND SIDE
• 2.4 MARKET SIZE ESTIMATION
  • 2.4.1 BOTTOM-UP APPROACH
  • 2.4.2 TOP-DOWN APPROACH
• 2.5 DATA TRIANGULATION
• 2.6 RESEARCH ASSUMPTIONS
• 2.7 GROWTH FORECAST
• 2.8 RISK ASSESSMENT
• 2.9 FACTOR ANALYSIS

3 EXECUTIVE SUMMARY

4 PREMIUM INSIGHTS

• 4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN HEAT TRANSFER FLUIDS MARKET
• 4.2 HEAT TRANSFER FLUIDS MARKET, BY PRODUCT TYPE
• 4.3 HEAT TRANSFER FLUIDS MARKET, BY TEMPERATURE
• 4.4 HEAT TRANSFER FLUIDS MARKET, BY END-USE INDUSTRY
• 4.5 HEAT TRANSFER FLUIDS MARKET, BY KEY COUNTRY

5 MARKET OVERVIEW

• 5.1 INTRODUCTION
• 5.2 MARKET DYNAMICS
  • 5.2.1 DRIVERS
    • 5.2.1.1 Expansion in renewable and industrial heat applications
    • 5.2.1.2 Regulatory incentives and energy efficiency legislation
    • 5.2.1.3 Lifecycle services and analytical programs by major suppliers
    • 5.2.1.4 Rising adoption of immersion cooling in EVs and electronics
  • 5.2.2 RESTRAINTS
    • 5.2.2.1 Absence of standardized testing and performance criteria for EV cooling fluids
  • 5.2.3 OPPORTUNITIES
    • 5.2.3.1 Customized, application-specific formulations
    • 5.2.3.2 Technological innovation in immersion and direct cooling
  • 5.2.4 CHALLENGES
    • 5.2.4.1 Balancing performance with environmental compliance
• 5.3 IMPACT OF GENERATIVE AI
  • 5.3.1 INTRODUCTION
  • 5.3.2 IMPACT OF GENERATIVE AI ON HEAT TRANSFER FLUIDS MARKET

6 INDUSTRY TRENDS

• 6.1 INTRODUCTION
• 6.2 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
• 6.3 SUPPLY CHAIN ANALYSIS
• 6.4 PRICING ANALYSIS
  • 6.4.1 AVERAGE SELLING PRICE TREND, BY REGION, 2021-2024
  • 6.4.2 AVERAGE SELLING PRICE TREND, BY PRODUCT TYPE, 2021-2024
  • 6.4.3 AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY PRODUCT TYPE, 2021-2024
• 6.5 INVESTMENT LANDSCAPE AND FUNDING SCENARIO
• 6.6 ECOSYSTEM ANALYSIS
• 6.7 TECHNOLOGY ANALYSIS
  • 6.7.1 KEY TECHNOLOGIES
  • 6.7.2 COMPLEMENTARY TECHNOLOGIES
  • 6.7.3 ADJACENT TECHNOLOGIES
• 6.8 PATENT ANALYSIS
  • 6.8.1 METHODOLOGY
  • 6.8.2 PATENTS GRANTED WORLDWIDE, 2014-2024
  • 6.8.3 PATENT PUBLICATION TRENDS
  • 6.8.4 INSIGHTS
  • 6.8.5 LEGAL STATUS OF PATENTS
  • 6.8.6 JURISDICTION ANALYSIS
  • 6.8.7 TOP APPLICANTS
  • 6.8.8 LIST OF MAJOR PATENTS
• 6.9 TRADE ANALYSIS
  • 6.9.1 IMPORT SCENARIO (HS CODE 841950)
  • 6.9.2 EXPORT SCENARIO (HS CODE 841950)
• 6.10 KEY CONFERENCES AND EVENTS, 2025-2026
• 6.11 TARIFF AND REGULATORY LANDSCAPE
  • 6.11.1 TARIFF AND REGULATORY REGULATIONS RELATED TO HEAT TRANSFER FLUIDS MARKET
  • 6.11.2 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
  • 6.11.3 REGULATIONS RELATED TO HEAT TRANSFER FLUIDS MARKET
• 6.12 PORTER'S FIVE FORCES ANALYSIS
  • 6.12.1 THREAT OF NEW ENTRANTS
  • 6.12.2 THREAT OF SUBSTITUTES
  • 6.12.3 BARGAINING POWER OF SUPPLIERS
  • 6.12.4 BARGAINING POWER OF BUYERS
  • 6.12.5 INTENSITY OF COMPETITIVE RIVALRY
• 6.13 KEY STAKEHOLDERS AND BUYING CRITERIA
  • 6.13.1 KEY STAKEHOLDERS IN BUYING PROCESS
  • 6.13.2 BUYING CRITERIA
• 6.14 MACROECONOMIC OUTLOOK
  • 6.14.1 GDP TRENDS AND FORECASTS, BY COUNTRY
• 6.15 CASE STUDY ANALYSIS
  • 6.15.1 ITC MAURYA ENHANCED HEAT PUMP EFFICIENCY WITH NANO-ENHANCED HEAT TRANSFER FLUIDS
  • 6.15.2 ENHANCING SOLAR POWER PLANT EFFICIENCY THROUGH ADVANCED HEAT TRANSFER FLUID PERFORMANCE
  • 6.15.3 EXTENDING THERMAL LIMITS AND RELIABILITY: VERSALIS' TRANSITION TO THERMINOL FOR HIGH-TEMPERATURE DISTILLATION
• 6.16 IMPACT OF 2025 US TARIFF - HEAT TRANSFER FLUIDS MARKET
  • 6.16.1 INTRODUCTION
  • 6.16.2 KEY TARIFF RATES
  • 6.16.3 PRICE IMPACT ANALYSIS
  • 6.16.4 IMPACT ON COUNTRY/REGION
    • 6.16.4.1 US
    • 6.16.4.2 Europe
    • 6.16.4.3 Asia Pacific
  • 6.16.5 IMPACT ON END-USE INDUSTRIES

7 HEAT TRANSFER FLUIDS MARKET, BY PRODUCT TYPE

• 7.1 INTRODUCTION
• 7.2 MINERAL OILS
  • 7.2.1 COST-EFFECTIVE COMPARED TO GLYCOL-BASED AND SYNTHETIC FLUIDS-KEY FACTOR DRIVING MARKET GROWTH
• 7.3 SYNTHETIC FLUIDS
  • 7.3.1 ENVIRONMENTALLY FRIENDLY NATURE TO SUPPORT ADOPTION
• 7.4 GLYCOL-BASED FLUIDS
  • 7.4.1 OFFER EXCELLENT CORROSION INHIBITION PROPERTIES-KEY FACTOR PROPELLING MARKET GROWTH
• 7.5 OTHER PRODUCT TYPES
  • 7.5.1 NANOFLUIDS
  • 7.5.2 IONIC LIQUIDS
  • 7.5.3 BIO-BASED HTF
  • 7.5.4 MOLTEN SALTS

8 HEAT TRANSFER FLUIDS MARKET, BY TEMPERATURE

• 8.1 INTRODUCTION
• 8.2 LOW TEMPERATURE
  • 8.2.1 NEED TO ENHANCE EFFICIENCY IN COOLING & CRYOGENICS SYSTEMS TO DRIVE MARKET
• 8.3 MEDIUM TEMPERATURE
  • 8.3.1 RISING INDUSTRIALIZATION AND URBANIZATION TO SUPPORT MARKET GROWTH
• 8.4 HIGH TEMPERATURE
  • 8.4.1 VITAL ROLE IN ENERGY-INTENSIVE INDUSTRIES TO DRIVE MARKET
• 8.5 ULTRA-HIGH TEMPERATURE
  • 8.5.1 USE IN HIGHLY SPECIALIZED APPLICATIONS TO DRIVE ADOPTION

9 HEAT TRANSFER FLUIDS MARKET, BY END-USE INDUSTRY

• 9.1 INTRODUCTION
• 9.2 CHEMICAL & PETROCHEMICAL
  • 9.2.1 IMPLEMENTATION IN CHEMICAL PLANTS OWING TO LOW VOLATILITY PROPERTIES TO PROPEL MARKET
• 9.3 OIL & GAS
  • 9.3.1 ADOPTION IN OIL & GAS PLANTS TO REDUCE VIBRATIONS IN TRANSDUCERS, CABLES, AND CONTROL VALVES TO PROPEL MARKET
• 9.4 AUTOMOTIVE
  • 9.4.1 USE IN AUTOMOBILE BATTERIES, COMPRESSORS, AND MOTORS FOR EFFICIENT HEAT TRANSFER TO PROPEL MARKET
• 9.5 RENEWABLE ENERGY
  • 9.5.1 DEPLOYMENT IN CSP PLANTS DUE TO HIGH OXIDATION RESISTANCE AND THERMAL STABILITY TO PROPEL MARKET
• 9.6 PHARMACEUTICALS
  • 9.6.1 IMPLEMENTATION OF FOOD-GRADE HEAT TRANSFER FLUIDS IN PHARMACEUTICAL APPLICATIONS TO PROPEL MARKET
• 9.7 FOOD & BEVERAGES
  • 9.7.1 UTILIZATION OF HEAT TRANSFER FLUIDS AS SUBSTITUTE FOR STEAM IN FOOD PROCESSING PLANTS TO PROPEL MARKET
• 9.8 HVAC
  • 9.8.1 CORROSION RESISTANCE AND LONG-TERM STABILITY OF HEAT TRANSFER FLUIDS TO INCREASE DEMAND FOR HVAC APPLICATIONS
• 9.9 OTHER END-USE INDUSTRIES
  • 9.9.1 ELECTRICAL & ELECTRONICS
  • 9.9.2 AEROSPACE

10 HEAT TRANSFER FLUIDS MARKET, BY REGION

• 10.1 INTRODUCTION
• 10.2 ASIA PACIFIC
  • 10.2.1 CHINA
    • 10.2.1.1 Thriving chemical and automotive sectors to propel market
  • 10.2.2 JAPAN
    • 10.2.2.1 Automotive sector to drive demand
  • 10.2.3 INDIA
    • 10.2.3.1 Government initiatives for renewable energy to support market growth
  • 10.2.4 SOUTH KOREA
    • 10.2.4.1 Thriving automotive & chemical industry to drive market
  • 10.2.5 REST OF ASIA PACIFIC
• 10.3 NORTH AMERICA
  • 10.3.1 US
    • 10.3.1.1 Increasing demand for renewable energy to drive market
  • 10.3.2 CANADA
    • 10.3.2.1 Focus on renewable energy sector to drive demand
  • 10.3.3 MEXICO
    • 10.3.3.1 Thriving petrochemical and automotive manufacturing sectors to propel market
• 10.4 EUROPE
  • 10.4.1 GERMANY
    • 10.4.1.1 Strong manufacturing sector to drive growth
  • 10.4.2 ITALY
    • 10.4.2.1 Established manufacturing and food & beverages sectors to drive market
  • 10.4.3 FRANCE
    • 10.4.3.1 Technological & sustainability initiatives to drive market
  • 10.4.4 UK
    • 10.4.4.1 Focus on renewable energy sector and commitment to circular economy to drive market
  • 10.4.5 SPAIN
    • 10.4.5.1 Government initiatives for renewable energy sector to drive demand
  • 10.4.6 REST OF EUROPE
• 10.5 MIDDLE EAST & AFRICA
  • 10.5.1 GCC COUNTRIES
    • 10.5.1.1 UAE
      • 10.5.1.1.1 Government initiatives and strategic diversification to drive demand
    • 10.5.1.2 Saudi Arabia
      • 10.5.1.2.1 Government commitment to economic diversification to drive demand
    • 10.5.1.3 Rest of GCC countries
  • 10.5.2 SOUTH AFRICA
    • 10.5.2.1 Burgeoning industrial sector, coupled with government schemes, to drive market
  • 10.5.3 REST OF MIDDLE EAST & AFRICA
• 10.6 SOUTH AMERICA
  • 10.6.1 ARGENTINA
    • 10.6.1.1 Government initiatives to drive demand
  • 10.6.2 BRAZIL
    • 10.6.2.1 Diverse industrial landscape to drive market
  • 10.6.3 REST OF SOUTH AMERICA

11 COMPETITIVE LANDSCAPE

• 11.1 INTRODUCTION
• 11.2 KEY PLAYER STRATEGIES/RIGHT TO WIN
• 11.3 MARKET SHARE ANALYSIS
• 11.4 REVENUE ANALYSIS
• 11.5 BRAND/PRODUCT COMPARATIVE ANALYSIS
• 11.6 COMPANY EVALUATION MATRIX, 2024
  • 11.6.1 STARS
  • 11.6.2 EMERGING LEADERS
  • 11.6.3 PERVASIVE PLAYERS
  • 11.6.4 PARTICIPANTS
  • 11.6.5 COMPANY FOOTPRINT: KEY PLAYERS, 2024
    • 11.6.5.1 Product type footprint
    • 11.6.5.2 End-use industry footprint
    • 11.6.5.3 Region footprint
• 11.7 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2024
  • 11.7.1 PROGRESSIVE COMPANIES
  • 11.7.2 RESPONSIVE COMPANIES
  • 11.7.3 DYNAMIC COMPANIES
  • 11.7.4 STARTING BLOCKS
  • 11.7.5 COMPETITIVE BENCHMARKING: STARTUPS/SMES
    • 11.7.5.1 Detailed list of key startups/SMEs
    • 11.7.5.2 Competitive benchmarking of key startups/SMEs
• 11.8 COMPANY VALUATION AND FINANCIAL METRICS
• 11.9 COMPETITIVE SCENARIO
  • 11.9.1 PRODUCT LAUNCHES
  • 11.9.2 DEALS
  • 11.9.3 EXPANSIONS

12 COMPANY PROFILES

• 12.1 KEY PLAYERS
  • 12.1.1 DOW
    • 12.1.1.1 Business overview
    • 12.1.1.2 Products/Solutions/Services offered
    • 12.1.1.3 Recent developments
      • 12.1.1.3.1 Deals
    • 12.1.1.4 MnM view
      • 12.1.1.4.1 Key strengths
      • 12.1.1.4.2 Strategic choices
      • 12.1.1.4.3 Weaknesses and competitive threats
  • 12.1.2 EASTMAN CHEMICAL COMPANY
    • 12.1.2.1 Business overview
    • 12.1.2.2 Products/Solutions/Services offered
    • 12.1.2.3 Recent developments
      • 12.1.2.3.1 Product launches
      • 12.1.2.3.2 Deals
      • 12.1.2.3.3 Expansions
    • 12.1.2.4 MnM view
      • 12.1.2.4.1 Key strengths
      • 12.1.2.4.2 Strategic choices
      • 12.1.2.4.3 Weaknesses and competitive threats
  • 12.1.3 EXXON MOBIL CORPORATION
    • 12.1.3.1 Business overview
    • 12.1.3.2 Products/Solutions/Services offered
    • 12.1.3.3 MnM view
      • 12.1.3.3.1 Key strengths
      • 12.1.3.3.2 Strategic choices
      • 12.1.3.3.3 Weaknesses and competitive threats
  • 12.1.4 CHEVRON CORPORATION
    • 12.1.4.1 Business overview
    • 12.1.4.2 Products/Services/Solutions offered
    • 12.1.4.3 Recent developments
      • 12.1.4.3.1 Deals
    • 12.1.4.4 MnM view
      • 12.1.4.4.1 Key strengths
      • 12.1.4.4.2 Strategic choices
      • 12.1.4.4.3 Weaknesses and competitive threats
  • 12.1.5 HUNTSMAN CORPORATION
    • 12.1.5.1 Business overview
    • 12.1.5.2 Products/Solutions/Services offered
    • 12.1.5.3 MnM view
      • 12.1.5.3.1 Key strengths
      • 12.1.5.3.2 Strategic choices
      • 12.1.5.3.3 Weaknesses and competitive threats
  • 12.1.6 SHELL PLC
    • 12.1.6.1 Business overview
    • 12.1.6.2 Products/Solutions/Services offered
    • 12.1.6.3 Recent developments
      • 12.1.6.3.1 Deals
  • 12.1.7 LANXESS
    • 12.1.7.1 Business overview
    • 12.1.7.2 Products/Solutions/Services offered
  • 12.1.8 CLARIANT
    • 12.1.8.1 Business overview
    • 12.1.8.2 Products/Services/Solutions offered
  • 12.1.9 WACKER CHEMIE AG
    • 12.1.9.1 Business overview
    • 12.1.9.2 Products/Services/Solutions offered
  • 12.1.10 INDIAN OIL CORPORATION LTD.
    • 12.1.10.1 Business overview
    • 12.1.10.2 Products/Services/Solutions offered
  • 12.1.11 SCHULTZ CANADA CHEMICALS LTD.
    • 12.1.11.1 Business overview
    • 12.1.11.2 Products/Solutions/Services offered
• 12.2 OTHER PLAYERS
  • 12.2.1 PARATHERM
  • 12.2.2 ARKEMA
  • 12.2.3 BASF SE
  • 12.2.4 DALIAN RICHFORTUNE CHEMICALS CO., LTD.
  • 12.2.5 BRITISH PETROLEUM
  • 12.2.6 DUPONT TATE & LYLE BIOPRODUCTS COMPANY LLC
  • 12.2.7 DYNALENE
  • 12.2.8 HINDUSTAN PETROLEUM CORPORATION LIMITED
  • 12.2.9 GLOBAL HEAT TRANSFER LTD.
  • 12.2.10 ISEL
  • 12.2.11 PARAS LUBRICANTS LTD.
  • 12.2.12 PETRO-CANADA LUBRICANTS, INC.
  • 12.2.13 PHILLIPS 66 COMPANY
  • 12.2.14 RADCO INDUSTRIES, INC.
  • 12.2.15 SCHAEFFER MANUFACTURING CO.

13 APPENDIX

• 13.1 DISCUSSION GUIDE
• 13.2 KNOWLEDGESTORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
• 13.3 CUSTOMIZATION OPTIONS
• 13.4 RELATED REPORTS
• 13.5 AUTHOR DETAILS