Global Liquid-phase Heat Transfer Fluid Market Growth 2025-2031

Global Liquid-phase Heat Transfer Fluid Market Growth 2025-2031

The global Liquid-phase Heat Transfer Fluid market size is predicted to grow from US$ 2049 million in 2025 to US$ 2963 million in 2031; it is expected to grow at a CAGR of 6.3% from 2025 to 2031.

As a special heat transfer medium, heat transfer fluid is mainly divided into gas phase heat transfer fluid and liquid phase heat transfer fluid according to different boiling ranges. The so-called gas phase heat transfer fluid is a synthetic heat transfer fluid at the boiling point or azeotropic point that can be used under gas phase conditions. The heat transfer fluid of this system can be used under pressure. Those synthetic heat transfer fluid and mineral heat transfer fluid with a certain distillation range that can only be used under liquid phase conditions are called liquid phase heat transfer fluid. Most heat transfer fluids are liquid phase heat transfer media, and a few are gas phase.

Liquid heat transfer liquid is a heat carrier used to transfer heat energy in industrial processes. It plays an important role in various industrial and commercial processes. Liquid heat transfer oil has high thermal stability, low volatility, excellent thermal conductivity and chemical stability, and can provide precise temperature control in different applications.

Liquid heat transfer liquid has a wide range of applications, including but not limited to petrochemicals, textile printing and dyeing, food processing, pharmaceutical manufacturing, plastic and rubber processing, fine chemicals, polymer materials, etc. The demand for liquid heat transfer liquid in these fields is growing with the acceleration of industrialization and industrial upgrading.

Major manufacturers include ExxonMobil, Eastman, Dow, Sinopec Great Wall, BP, Valvoline, Shexian Jindong Economic and Trade, Global Heat Transfer, Lanxess, Zhongneng Technology, etc. Asia Pacific is the largest consumer region, accounting for about 37% of the global market share.

The technological development of liquid heat transfer liquid is also constantly improving, including the innovation of synthetic and mineral heat transfer liquids, and the pursuit of environmentally friendly and energy-saving products. For example, SCHULTZ® 380 is a liquid heat transfer liquid with ultra-high thermal stability. The recommended operating temperature can reach 380°C, and the pour point is lower than other ultra-high temperature heat transfer liquids.

The market demand analysis of liquid heat transfer liquid shows that the current market demand at home and abroad is growing. The comparison of market demand in different fields shows that the chemical industry is the main application field of liquid heat transfer liquid. Customer demand characteristics and trends are developing towards higher quality requirements, continuous tightening of environmental protection standards, and significant enhancement of personalized needs.

In general, the liquid heat transfer liquid market is facing many opportunities and challenges such as technological innovation, environmental protection policy promotion, and market demand growth. With the continuous advancement of technology and the continuous development of the market, the liquid heat transfer oil industry is expected to achieve more efficient, more environmentally friendly, and more intelligent development.

LP Information, Inc. (LPI) ' newest research report, the “Liquid-phase Heat Transfer Fluid Industry Forecast” looks at past sales and reviews total world Liquid-phase Heat Transfer Fluid sales in 2024, providing a comprehensive analysis by region and market sector of projected Liquid-phase Heat Transfer Fluid sales for 2025 through 2031. With Liquid-phase Heat Transfer Fluid sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Liquid-phase Heat Transfer Fluid industry.

This Insight Report provides a comprehensive analysis of the global Liquid-phase Heat Transfer Fluid landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Liquid-phase Heat Transfer Fluid portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Liquid-phase Heat Transfer Fluid market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Liquid-phase Heat Transfer Fluid and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Liquid-phase Heat Transfer Fluid.

This report presents a comprehensive overview, market shares, and growth opportunities of Liquid-phase Heat Transfer Fluid market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Synthetic
Mineral

Segmentation by Application:
Oil & Gas Industry
Chemical Industry
Pharmaceutical Industry
Food & Beverage Processing
Plastics & Rubber Manufacturing
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Eastman
Dow
Global Heat Transfer
Relatherm
Radco Industries
Fragol
CONDAT
Dynalene
Paratherm
Isel
Lanxess
Zhongneng Technology
Shexian Jindong Economic and Trade
Sinopec Great Wall
ExxonMobil
BP
Valvoline

Key Questions Addressed in this Report

What is the 10-year outlook for the global Liquid-phase Heat Transfer Fluid market?

What factors are driving Liquid-phase Heat Transfer Fluid market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Liquid-phase Heat Transfer Fluid market opportunities vary by end market size?

How does Liquid-phase Heat Transfer Fluid break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.