Table of Content

1 INTRODUCTION (Page No. - 25)
    1.1 STUDY OBJECTIVES
    1.2 MARKET DEFINITION
           1.2.1 INCLUSIONS AND EXCLUSIONS
                    TABLE 1 HTF MARKET: INCLUSIONS AND EXCLUSIONS
    1.3 STUDY SCOPE
           1.3.1 MARKETS COVERED
                    FIGURE 1 HTF MARKET SEGMENTATION
           1.3.2 GEOGRAPHIC SCOPE
           1.3.3 YEARS CONSIDERED
    1.4 CURRENCY CONSIDERED
    1.5 UNIT CONSIDERED
    1.6 LIMITATIONS
    1.7 STAKEHOLDERS
    1.8 SUMMARY OF CHANGES

2 RESEARCH METHODOLOGY (Page No. - 30)
    2.1 RESEARCH DATA
          FIGURE 2 HTF MARKET: RESEARCH DESIGN
           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 Primary interviews – demand and supply side
                    2.1.2.3 Key industry insights
                    2.1.2.4 Breakdown of primary interviews
    2.2 MARKET SIZE ESTIMATION
           2.2.1 BOTTOM-UP APPROACH
                    FIGURE 3 HTF MARKET: BOTTOM-UP APPROACH
           2.2.2 TOP-DOWN APPROACH
                    FIGURE 4 HTF MARKET: TOP-DOWN APPROACH
                    FIGURE 5 MARKET SIZE ESTIMATION: HTF MARKET
    2.3 CONTRIBUTION OF DRIVERS TOWARD MARKET GROWTH
          FIGURE 6 MARKET PROJECTIONS
    2.4 DATA TRIANGULATION
          FIGURE 7 HTF MARKET: DATA TRIANGULATION
    2.5 FACTOR ANALYSIS
    2.6 RESEARCH ASSUMPTIONS
    2.7 RESEARCH LIMITATIONS AND RISKS ASSESSMENT

3 EXECUTIVE SUMMARY (Page No. - 39)
    FIGURE 8 SYNTHETIC FLUIDS SEGMENT TO DOMINATE HTF MARKET, BY PRODUCT TYPE, THROUGHOUT FORECAST PERIOD
    FIGURE 9 CHEMICAL & PETROCHEMICAL SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE FROM 2022 TO 2027
    FIGURE 10 ASIA PACIFIC LED HTF MARKET IN 2021

4 PREMIUM INSIGHTS (Page No. - 42)
    4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN HTF MARKET
          FIGURE 11 GROWING DEMAND FOR RENEWABLE ENERGY APPLICATIONS TO DRIVE MARKET
    4.2 ASIA PACIFIC: HTF MARKET, BY END USE AND COUNTRY
          FIGURE 12 CHINA AND CHEMICAL & PETROCHEMICAL SEGMENT COMMANDED HTF MARKET IN ASIA PACIFIC IN 2021
    4.3 HTF MARKET, BY PRODUCT TYPE
          FIGURE 13 MINERAL OILS TO CAPTURE MAJORITY OF MARKET SHARE, IN TERMS OF VOLUME, BETWEEN 2022 AND 2027
    4.4 HTF MARKET, BY END USE
          FIGURE 14 CHEMICAL & PETROCHEMICAL SEGMENT TO LEAD HTF MARKET THROUGHOUT FORECAST PERIOD
    4.5 HTF MARKET, BY COUNTRY
          FIGURE 15 INDIA TO BE FASTEST-GROWING HTF MARKET DURING FORECAST PERIOD

5 MARKET OVERVIEW (Page No. - 45)
    5.1 INTRODUCTION
    5.2 MARKET DYNAMICS
          FIGURE 16 HTF MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
           5.2.1 DRIVERS
                    5.2.1.1 Rapid industrialization and supportive renewable energy policies in Asia Pacific
                                FIGURE 17 INDUSTRIAL DEVELOPMENTS IN ASIA PACIFIC IN 2021
                    5.2.1.2 Growing number of concentrating solar power projects
                                TABLE 2 CONCENTRATED SOLAR POWER PLANTS WORLDWIDE
                    5.2.1.3 Increased use of HTFs to reduce operating costs and save energy
           5.2.2 RESTRAINTS
                    5.2.2.1 Volatile raw material prices
           5.2.3 OPPORTUNITIES
                    5.2.3.1 Increasing need for energy conservation and clean energy
                    5.2.3.2 Government schemes focused on energy efficiency and renewable energy
           5.2.4 CHALLENGES
                    5.2.4.1 Fire and explosion hazards related to thermal HTFs
    5.3 PORTER'S FIVE FORCES ANALYSIS
          FIGURE 18 HTF MARKET: PORTER'S FIVE FORCES ANALYSIS
          TABLE 3 HTF MARKET: PORTER'S FIVE FORCES ANALYSIS
           5.3.1 BARGAINING POWER OF BUYERS
           5.3.2 BARGAINING POWER OF SUPPLIERS
           5.3.3 THREAT OF NEW ENTRANTS
           5.3.4 THREAT OF SUBSTITUTES
           5.3.5 INTENSITY OF COMPETITIVE RIVALRY
    5.4 VALUE CHAIN ANALYSIS
          FIGURE 19 OVERVIEW OF HTF MARKET VALUE CHAIN
           5.4.1 RAW MATERIAL SUPPLIERS
           5.4.2 HTF MANUFACTURERS
           5.4.3 DISTRIBUTORS
           5.4.4 END USERS
    5.5 ECOSYSTEM
          FIGURE 20 ECOSYSTEM OF HTF MARKET
          TABLE 4 HTF MARKET: ROLE OF STAKEHOLDERS IN ECOSYSTEM
    5.6 COVID-19 IMPACT ANALYSIS
           5.6.1 COVID-19 ECONOMIC ASSESSMENT
           5.6.2 EFFECTS ON COUNTRY-LEVEL GDP
           5.6.3 IMPACT ON END-USERS
                    FIGURE 21 GLOBAL PROPAGATION OF COVID-19 AT UNPRECEDENTED PACE
    5.7 PRICING ANALYSIS
           5.7.1 AVERAGE SELLING PRICE, BY REGION
                    FIGURE 22 HTF PRICES IN DIFFERENT REGIONS, 2020–2021 (USD/KG)
           5.7.2 AVERAGE SELLING PRICE, BY PRODUCT TYPE
                    TABLE 5 HTF PRICES FOR DIFFERENT PRODUCT TYPES, 2020–2027 (USD/KG)
                    FIGURE 23 AVERAGE SELLING PRICE OF HTFS OFFERED BY KEY PLAYERS, BY END USE
           5.7.3 AVERAGE SELLING PRICE, BY KEY PLAYER
                    TABLE 6 KEY PLAYERS: AVERAGE SELLING PRICE (USD/KG)
    5.8 TRADE ANALYSIS
          TABLE 7 IMPORT TRADE DATA FOR MEDIUM OIL FOR TOP 10 COUNTRIES, 2021 (USD MILLION)
          TABLE 8 EXPORT TRADE DATA FOR MEDIUM OIL FOR TOP 10 COUNTRIES, 2021 (USD MILLION)
    5.9 MACROECONOMIC DATA
          TABLE 9 REAL AND PROJECTED GDP GROWTH OF KEY COUNTRIES, 2018–2025 (ANNUAL PERCENTAGE)
           5.9.1 OIL PRODUCTION DATA
                    TABLE 10 OIL PRODUCTION DATA, BY COUNTRY, 2019–2021 (MILLION TONNE)
           5.9.2 RENEWABLE ENERGY PRODUCTION DATA
                    TABLE 11 RENEWABLE ENERGY GENERATION DATA, BY COUNTRY, 2019–2021 (TERAWATT HOURS)
           5.9.3 AUTOMOTIVE PRODUCTION DATA
                    TABLE 12 AUTOMOTIVE PRODUCTION DATA, BY COUNTRY, 2019–2021 (MILLION UNITS)
    5.10 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
          FIGURE 24 RISE IN ADOPTION OF RENEWABLE ENERGY TO INFLUENCE HTF MARKET
    5.11 CASE STUDY ANALYSIS
           5.11.1 EASTMAN OFFERED THERMINOL HEAT-TRANSFER FLUID TO INDORAMA VENTURES TO INCREASE ITS PLANT EFFICIENCY
           5.11.2 HYDROMX SAVED 35% ENERGY COSTS BY INSTALLING GLYCOL-BASED CRAC UNITS IN CASS COUNTY ELECTRIC COOPERATIVE BUILDING
           5.11.3 CHROMALOX AND EASTMAN MEET HIGH-TEMPERATURE DEMANDS OF CHEMICAL PRODUCTION PLANT
    5.12 KEY CONFERENCES AND EVENTS, 2022–2023
           TABLE 13 DETAILED LIST OF CONFERENCES AND EVENTS
    5.13 FACTORS INFLUENCING BUYING DECISIONS
           5.13.1 QUALITY
           5.13.2 SERVICES
                     FIGURE 25 KEY BUYING CRITERIA
                     TABLE 14 HTF MARKET: KEY BUYING CRITERIA AND RATINGS
    5.14 TARIFF AND REGULATORY LANDSCAPE
           5.14.1 ASIA PACIFIC
           5.14.2 EUROPE
           5.14.3 NORTH AMERICA
                    5.14.3.1 US
                    5.14.3.2 Canada
                                 TABLE 15 LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
    5.15 PATENT ANALYSIS
           5.15.1 METHODOLOGY
           5.15.2 PATENTS GRANTED WORLDWIDE, 2011–2021
                     TABLE 16 TOTAL NUMBER OF PATENTS
                     FIGURE 26 TOTAL NUMBER OF PATENTS
           5.15.3 PATENT PUBLICATION TRENDS
                     FIGURE 27 TOTAL NUMBER OF PATENTS DURING LAST 10 YEARS
           5.15.4 INSIGHTS
           5.15.5 LEGAL STATUS OF PATENTS
                     FIGURE 28 PATENT ANALYSIS, BY LEGAL STATUS
           5.15.6 JURISDICTION-WISE PATENT ANALYSIS
                     FIGURE 29 TOP JURISDICTIONS FOR HTF PATENTS
           5.15.7 TOP COMPANIES/APPLICANTS
                     FIGURE 30 TOP 10 COMPANIES/APPLICANTS WITH HIGHEST NUMBER OF PATENTS
           5.15.8 TOP 10 PATENT OWNERS (US) IN LAST 10 YEARS
                     TABLE 17 TOP 10 PATENT OWNERS

6 HTF MARKET, BY PRODUCT TYPE (Page No. - 73)
    6.1 INTRODUCTION
          FIGURE 31 SYNTHETIC FLUIDS SEGMENT TO LEAD HTF MARKET, BY PRODUCT TYPE, IN 2027
          TABLE 18 HTF MARKET, BY PRODUCT TYPE, 2018–2021 (KILOTON)
          TABLE 19 HTF MARKET, BY PRODUCT TYPE, 2022–2027 (KILOTON)
          TABLE 20 HTF MARKET, BY PRODUCT TYPE, 2018–2021 (USD MILLION)
          TABLE 21 HTF MARKET, BY PRODUCT TYPE, 2022–2027 (USD MILLION)
    6.2 MINERAL OILS
           6.2.1 DESIGNED FOR INDUSTRIAL APPLICATION BELOW 300°C
    6.3 SYNTHETIC FLUIDS
           6.3.1 SUI          TABLE FOR HIGH-TEMPERATURE APPLICATIONS
    6.4 GLYCOL-BASED FLUIDS
           6.4.1 REDUCE MAINTENANCE COSTS AS THEY COMPRISE ANTI-CORROSIVE ADDITIVES
    6.5 OTHERS

7 HTF MARKET, BY END USE (Page No. - 79)
    7.1 INTRODUCTION
          FIGURE 32 CHEMICAL & PETROCHEMICAL SEGMENT TO COMMAND HTF MARKET, BY END USE, DURING FORECAST PERIOD
          TABLE 22 HTF MARKET, BY END USE, 2018–2021 (KILOTON)
          TABLE 23 HTF MARKET, BY END USE, 2022–2027 (KILOTON)
          TABLE 24 HTF MARKET, BY END USE, 2018–2021 (USD MILLION)
          TABLE 25 HTF MARKET, BY END USE, 2022–2027 (USD MILLION)
    7.2 CHEMICAL & PETROCHEMICAL
           7.2.1 IMPLEMENTATION OF HTFS IN CHEMICAL PLANTS OWING TO THEIR CORROSION RESISTANCE, NONTOXICITY, AND LOW VOLATILITY PROPERTIES
    7.3 OIL & GAS
           7.3.1 ADOPTION OF HTFS IN OIL & GAS PLANTS TO REDUCE VIBRATIONS IN TRANSDUCERS, CABLES, AND CONTROL VALVES
    7.4 AUTOMOTIVE
           7.4.1 USE OF HTFS IN AUTOMOBILE BATTERIES, COMPRESSORS, AND MOTORS FOR EFFICIENT HEAT TRANSFER
    7.5 FOOD & BEVERAGE
           7.5.1 UTILIZATION OF HTFS AS SUBSTITUTE FOR STEAM IN FOOD PROCESSING PLANTS
    7.6 RENEWABLE ENERGY
           7.6.1 DEPLOYMENT OF HTFS IN CSP PLANTS DUE TO THEIR HIGH OXIDATION RESISTANCE AND THERMAL STABILITY
    7.7 PHARMACEUTICAL
           7.7.1 IMPLEMENTATION OF FOOD-GRADE HTFS IN PHARMACEUTICAL APPLICATIONS BECAUSE OF THERMAL STABILITY AND HIGH PURITY REQUIREMENTS
    7.8 HVAC
           7.8.1 CORROSION RESISTANCE AND LONG-TERM STABILITY OF HTFS TO INCREASE THEIR DEMAND FOR HVAC APPLICATIONS
    7.9 OTHERS

8 HTF MARKET, BY REGION (Page No. - 86)
    8.1 INTRODUCTION
          FIGURE 33 ASIA PACIFIC TO CREATE LUCRATIVE OPPORTUNITIES FOR HTF MARKET PLAYERS
          TABLE 26 HTF MARKET, BY REGION, 2018–2021 (KILOTON)
          TABLE 27 HTF MARKET, BY REGION, 2022–2027 (KILOTON)
          TABLE 28 HTF MARKET, BY REGION, 2018–2021 (USD MILLION)
          TABLE 29 HTF MARKET, BY REGION, 2022–2027 (USD MILLION)
    8.2 ASIA PACIFIC
          FIGURE 34 ASIA PACIFIC: HTF MARKET SNAPSHOT
          TABLE 30 ASIA PACIFIC: HTF MARKET, BY COUNTRY, 2018–2021 (KILOTON)
          TABLE 31 ASIA PACIFIC: HTF MARKET, BY COUNTRY, 2022–2027 (KILOTON)
          TABLE 32 ASIA PACIFIC: HTF MARKET, BY COUNTRY, 2018–2021 (USD MILLION)
          TABLE 33 ASIA PACIFIC: HTF MARKET, BY COUNTRY, 2022–2027 (USD MILLION)
          TABLE 34 ASIA PACIFIC: HTF MARKET, BY END USE, 2018–2021 (KILOTON)
          TABLE 35 ASIA PACIFIC: HTF MARKET, BY END USE, 2022–2027 (KILOTON)
          TABLE 36 ASIA PACIFIC: HTF MARKET, BY END USE, 2018–2021 (USD MILLION)
          TABLE 37 ASIA PACIFIC: HTF MARKET, BY END USE, 2022–2027 (USD MILLION)
           8.2.1 CHINA
                    8.2.1.1 Thriving chemical sector to drive HTF market growth
                                TABLE 38 CHINA: HTF MARKET, BY END USE, 2018–2021 (KILOTON)
                                TABLE 39 CHINA: HTF MARKET, BY END USE, 2022–2027 (KILOTON)
                                TABLE 40 CHINA: HTF MARKET, BY END USE, 2018–2021 (USD MILLION)
                                TABLE 41 CHINA: HTF MARKET, BY END USE, 2022–2027 (USD MILLION)
           8.2.2 JAPAN
                    8.2.2.1 Booming electronics industry to witness high demand for HTFs
                                TABLE 42 JAPAN: HTF MARKET, BY END USE, 2018–2021 (KILOTON)
                                TABLE 43 JAPAN: HTF MARKET, BY END USE, 2022–2027 (KILOTON)
                                TABLE 44 JAPAN: HTF MARKET, BY END USE, 2018–2021 (USD MILLION)
                                TABLE 45 JAPAN: HTF MARKET, BY END USE, 2022–2027 (USD MILLION)
           8.2.3 INDIA
                    8.2.3.1 Abundant solar energy to create new avenues for HTF business growth
                                TABLE 46 INDIA: HTF MARKET, BY END USE, 2018–2021 (KILOTON)
                                TABLE 47 INDIA: HTF MARKET, BY END USE, 2022–2027 (KILOTON)
                                TABLE 48 INDIA: HTF MARKET, BY END USE, 2018–2021 (USD MILLION)
                                TABLE 49 INDIA: HTF MARKET, BY END USE, 2022–2027 (USD MILLION)
           8.2.4 SOUTH KOREA
                    8.2.4.1 Flourishing electronics industry to witness high demand for HTFs
                                TABLE 50 SOUTH KOREA: HTF MARKET, BY END USE, 2018–2021 (KILOTON)
                                TABLE 51 SOUTH KOREA: HTF MARKET, BY END USE, 2022–2027 (KILOTON)
                                TABLE 52 SOUTH KOREA: HTF MARKET, BY END USE, 2018–2021 (USD MILLION)
                                TABLE 53 SOUTH KOREA: HTF MARKET, BY END USE, 2022–2027 (USD MILLION)
           8.2.5 REST OF ASIA PACIFIC
                    TABLE 54 REST OF ASIA PACIFIC: HTF MARKET, BY END USE, 2018–2021 (KILOTON)
                    TABLE 55 REST OF ASIA PACIFIC: HTF MARKET, BY END USE, 2022–2027 (KILOTON)
                    TABLE 56 REST OF ASIA PACIFIC: HTF MARKET, BY END USE, 2018–2021 (USD MILLION)
                    TABLE 57 REST OF ASIA PACIFIC: HTF MARKET, BY END USE, 2022–2027 (USD MILLION)
    8.3 EUROPE
          FIGURE 35 EUROPE: HTF MARKET SNAPSHOT
          TABLE 58 EUROPE: HTF MARKET, BY COUNTRY, 2018–2021 (KILOTON)
          TABLE 59 EUROPE: HTF MARKET, BY COUNTRY, 2022–2027 (KILOTON)
          TABLE 60 EUROPE: HTF MARKET, BY COUNTRY, 2018–2021 (USD MILLION)
          TABLE 61 EUROPE: HTF MARKET, BY COUNTRY, 2022–2027 (USD MILLION)
          TABLE 62 EUROPE: HTF MARKET, BY END USE, 2018–2021 (KILOTON)
          TABLE 63 EUROPE: HTF MARKET, BY END USE, 2022–2027 (KILOTON)
          TABLE 64 EUROPE: HTF MARKET, BY END USE, 2018–2021 (USD MILLION)
          TABLE 65 EUROPE: HTF MARKET, BY END USE, 2022–2027 (USD MILLION)
           8.3.1 GERMANY
                    8.3.1.1 Strong manufacturing sector to propel market growth
                                TABLE 66 GERMANY: HTF MARKET, BY END USE, 2018–2021 (KILOTON)
                                TABLE 67 GERMANY: HTF MARKET, BY END USE, 2022–2027 (KILOTON)
                                TABLE 68 GERMANY: HTF MARKET, BY END USE, 2018–2021 (USD MILLION)
                                TABLE 69 GERMANY: HTF MARKET, BY END USE, 2022–2027 (USD MILLION)
           8.3.2 FRANCE
                    8.3.2.1 Strong base of manufacturing firms to provide impetus to use HTFs
                                TABLE 70 FRANCE: HTF MARKET, BY END USE, 2018–2021 (KILOTON)
                                TABLE 71 FRANCE: HTF MARKET, BY END USE, 2022–2027 (KILOTON)
                                TABLE 72 FRANCE: HTF MARKET, BY END USE, 2018–2021 (USD MILLION)
                                TABLE 73 FRANCE: HTF MARKET, BY END USE, 2022–2027 (USD MILLION)
           8.3.3 ITALY
                    8.3.3.1 Country’s strong focus on environmental protection to foster market growth
                                TABLE 74 ITALY: HTF MARKET, BY END USE, 2018–2021 (KILOTON)
                                TABLE 75 ITALY: HTF MARKET, BY END USE, 2022–2027 (KILOTON)
                                TABLE 76 ITALY: HTF MARKET, BY END USE, 2018–2021 (USD MILLION)
                                TABLE 77 ITALY: HTF MARKET, BY END USE, 2022–2027 (USD MILLION)
           8.3.4 UK
                    8.3.4.1 Rising use of renewable energy to spur demand for HTFs
                                TABLE 78 UK: HTF MARKET, BY END USE, 2018–2021 (KILOTON)
                                TABLE 79 UK: HTF MARKET, BY END USE, 2022–2027 (KILOTON)
                                TABLE 80 UK: HTF MARKET, BY END USE, 2018–2021 (USD MILLION)
                                TABLE 81 UK: HTF MARKET, BY END USE, 2022–2027 (USD MILLION)
           8.3.5 SPAIN
                    8.3.5.1 Production of energy using renewables to propel market growth
                                TABLE 82 SPAIN: HTF MARKET, BY END USE, 2018–2021 (KILOTON)
                                TABLE 83 SPAIN: HTF MARKET, BY END USE, 2022–2027 (KILOTON)
                                TABLE 84 SPAIN: HTF MARKET, BY END USE, 2018–2021 (USD MILLION)
                                TABLE 85 SPAIN: HTF MARKET, BY END USE, 2022–2027 (USD MILLION)
           8.3.6 REST OF EUROPE
                    TABLE 86 REST OF EUROPE: HTF MARKET, BY END USE, 2018–2021 (KILOTON)
                    TABLE 87 REST OF EUROPE: HTF MARKET, BY END USE, 2022–2027 (KILOTON)
                    TABLE 88 REST OF EUROPE: HTF MARKET, BY END USE, 2018–2021 (USD MILLION)
                    TABLE 89 REST OF EUROPE: HTF MARKET, BY END USE, 2022–2027 (USD MILLION)
    8.4 NORTH AMERICA
          FIGURE 36 NORTH AMERICA: HTF MARKET SNAPSHOT
          TABLE 90 NORTH AMERICA: HTF MARKET, BY COUNTRY, 2018–2021 (KILOTON)
          TABLE 91 NORTH AMERICA: HTF MARKET, BY COUNTRY, 2022–2027 (KILOTON)
          TABLE 92 NORTH AMERICA: HTF MARKET, BY COUNTRY, 2018–2021 (USD MILLION)
          TABLE 93 NORTH AMERICA: HTF MARKET, BY COUNTRY, 2022–2027 (USD MILLION)
          TABLE 94 NORTH AMERICA: HTF MARKET, BY END USE, 2018–2021 (KILOTON)
          TABLE 95 NORTH AMERICA: HTF MARKET, BY END USE, 2022–2027 (KILOTON)
          TABLE 96 NORTH AMERICA: HTF MARKET, BY END USE, 2018–2021 (USD MILLION)
          TABLE 97 NORTH AMERICA: HTF MARKET, BY END USE, 2022–2027 (USD MILLION)
           8.4.1 US
                    8.4.1.1 Increasing demand for renewable energy to boost market
                                TABLE 98 US: HTF MARKET, BY END USE, 2018–2021 (KILOTON)
                                TABLE 99 US: HTF MARKET, BY END USE, 2022–2027 (KILOTON)
                                TABLE 100 US: HTF MARKET, BY END USE, 2018–2021 (USD MILLION)
                                TABLE 101 US: HTF MARKET, BY END USE, 2022–2027 (USD MILLION)
           8.4.2 CANADA
                    8.4.2.1 Expertise in emerging technologies to attract major investments
                                TABLE 102 CANADA: HTF MARKET, BY END USE, 2018–2021 (KILOTON)
                                TABLE 103 CANADA: HTF MARKET, BY END USE, 2022–2027 (KILOTON)
                                TABLE 104 CANADA: HTF MARKET, BY END USE, 2018–2021 (USD MILLION)
                                TABLE 105 CANADA: HTF MARKET, BY END USE, 2022–2027 (USD MILLION)
           8.4.3 MEXICO
                    8.4.3.1 Increased foreign investments in oil & gas industry to boost HTF market
                                TABLE 106 MEXICO: HTF MARKET, BY END USE, 2018–2021 (KILOTON)
                                TABLE 107 MEXICO: HTF MARKET, BY END USE, 2022–2027 (KILOTON)
                                TABLE 108 MEXICO: HTF MARKET, BY END USE, 2018–2021 (USD MILLION)
                                TABLE 109 MEXICO: HTF MARKET, BY END USE, 2022–2027 (USD MILLION)
    8.5 SOUTH AMERICA
          TABLE 110 SOUTH AMERICA: HTF MARKET, BY COUNTRY, 2018–2021 (KILOTON)
          TABLE 111 SOUTH AMERICA: HTF MARKET, BY COUNTRY, 2022–2027 (KILOTON)
          TABLE 112 SOUTH AMERICA: HTF MARKET, BY COUNTRY, 2018–2021 (USD MILLION)
          TABLE 113 SOUTH AMERICA: HTF MARKET, BY COUNTRY, 2022–2027 (USD MILLION)
          TABLE 114 SOUTH AMERICA: HTF MARKET, BY END USE, 2018–2021 (KILOTON)
          TABLE 115 SOUTH AMERICA: HTF MARKET, BY END USE, 2022–2027 (KILOTON)
          TABLE 116 SOUTH AMERICA: HTF MARKET, BY END USE, 2018–2021 (USD MILLION)
          TABLE 117 SOUTH AMERICA: HTF MARKET, BY END USE, 2022–2027 (USD MILLION)
           8.5.1 BRAZIL
                    8.5.1.1 Growing industrialization to boost market
                                TABLE 118 BRAZIL: HTF MARKET, BY END USE, 2018–2021 (KILOTON)
                                TABLE 119 BRAZIL: HTF MARKET, BY END USE, 2022–2027 (KILOTON)
                                TABLE 120 BRAZIL: HTF MARKET, BY END USE, 2018–2021 (USD MILLION)
                                TABLE 121 BRAZIL: HTF MARKET, BY END USE, 2022–2027 (USD MILLION)
           8.5.2 ARGENTINA
                    8.5.2.1 Economic recovery to favor market growth
                                TABLE 122 ARGENTINA: HTF MARKET, BY END USE, 2018–2021 (KILOTON)
                                TABLE 123 ARGENTINA: HTF MARKET, BY END USE, 2022–2027 (KILOTON)
                                TABLE 124 ARGENTINA: HTF MARKET, BY END USE, 2018–2021 (USD MILLION)
                                TABLE 125 ARGENTINA: HTF MARKET, BY END USE, 2022–2027 (USD MILLION)
           8.5.3 REST OF SOUTH AMERICA
                    TABLE 126 REST OF SOUTH AMERICA: HTF MARKET, BY END USE, 2018–2021 (KILOTON)
                    TABLE 127 REST OF SOUTH AMERICA: HTF MARKET, BY END USE, 2022–2027 (KILOTON)
                    TABLE 128 REST OF SOUTH AMERICA: HTF MARKET, BY END USE, 2018–2021 (USD MILLION)
                    TABLE 129 REST OF SOUTH AMERICA: HTF MARKET, BY END USE, 2022–2027 (USD MILLION)
    8.6 MIDDLE EAST & AFRICA
          TABLE 130 MIDDLE EAST & AFRICA: HTF MARKET, BY COUNTRY, 2018–2021 (KILOTON)
          TABLE 131 MIDDLE EAST & AFRICA: HTF MARKET, BY COUNTRY, 2022–2027 (KILOTON)
          TABLE 132 MIDDLE EAST & AFRICA: HTF MARKET, BY COUNTRY, 2018–2021 (USD MILLION)
          TABLE 133 MIDDLE EAST & AFRICA: HTF MARKET, BY COUNTRY, 2022–2027 (USD MILLION)
          TABLE 134 MIDDLE EAST & AFRICA: HTF MARKET, BY END USE, 2018–2021 (KILOTON)
          TABLE 135 MIDDLE EAST & AFRICA: HTF MARKET, BY END USE, 2022–2027 (KILOTON)
          TABLE 136 MIDDLE EAST & AFRICA: HTF MARKET, BY END USE, 2018–2021 (USD MILLION)
          TABLE 137 MIDDLE EAST & AFRICA: HTF MARKET, BY END USE, 2022–2027 (USD MILLION)
           8.6.1 SAUDI ARABIA
                    8.6.1.1 Growing oil & gas and chemicals industries to push market growth
                                TABLE 138 SAUDI ARABIA: HTF MARKET, BY END USE, 2018–2021 (KILOTON)
                                TABLE 139 SAUDI ARABIA: HTF MARKET, BY END USE, 2022–2027 (KILOTON)
                                TABLE 140 SAUDI ARABIA: HTF MARKET, BY END USE, 2018–2021 (USD MILLION)
                                TABLE 141 SAUDI ARABIA: HTF MARKET, BY END USE, 2022–2027 (USD MILLION)
           8.6.2 UAE
                    8.6.2.1 Rising demand for HTFs from oil & gas industry to support market growth
                                TABLE 142 UAE: HTF MARKET, BY END USE, 2018–2021 (KILOTON)
                                TABLE 143 UAE: HTF MARKET, BY END USE, 2022–2027 (KILOTON)
                                TABLE 144 UAE: HTF MARKET, BY END USE, 2018–2021 (USD MILLION)
                                TABLE 145 UAE: HTF MARKET, BY END USE, 2022–2027 (USD MILLION)
           8.6.3 REST OF MIDDLE EAST & AFRICA
                    TABLE 146 REST OF MIDDLE EAST & AFRICA: HTF MARKET, BY END USE, 2018–2021 (KILOTON)
                    TABLE 147 REST OF MIDDLE EAST & AFRICA: HTF MARKET, BY END USE, 2022–2027 (KILOTON)
                    TABLE 148 REST OF MIDDLE EAST & AFRICA: HTF MARKET, BY END USE, 2018–2021 (USD MILLION)
                    TABLE 149 REST OF MIDDLE EAST & AFRICA: HTF MARKET, BY END USE, 2022–2027 (USD MILLION)

9 COMPETITIVE LANDSCAPE (Page No. - 142)
    9.1 OVERVIEW
    9.2 STRATEGIES ADOPTED BY KEY PLAYERS
          FIGURE 37 INVESTMENTS & EXPANSIONS KEY GROWTH STRATEGY BETWEEN 2015 AND 2022
    9.3 MARKET RANKING ANALYSIS
          FIGURE 38 RANKING OF TOP FIVE PLAYERS IN HTF MARKET, 2022
    9.4 MARKET SHARE ANALYSIS
          FIGURE 39 HTF MARKET SHARE, BY COMPANY (2021)
          TABLE 150 HTF MARKET: DEGREE OF COMPETITION
    9.5 REVENUE ANALYSIS OF TOP PLAYERS
          TABLE 151 HTF MARKET: REVENUE ANALYSIS, 2019 TO 2021 (USD BILLION)
    9.6 MARKET EVALUATION MATRIX
          TABLE 152 MARKET EVALUATION MATRIX
    9.7 COMPANY EVALUATION MATRIX
           9.7.1 STARS
           9.7.2 EMERGING LEADERS
           9.7.3 PERVASIVE PLAYERS
           9.7.4 PARTICIPANTS
                    FIGURE 40 HTF MARKET: COMPANY EVALUATION MATRIX, 2021
    9.8 START-UPS AND SMALL AND MEDIUM-SIZED ENTERPRISES (SMES) EVALUATION MATRIX
           9.8.1 RESPONSIVE COMPANIES
           9.8.2 STARTING BLOCKS
                    FIGURE 41 HTF MARKET: START-UP AND SME MATRIX, 2022
    9.9 COMPETITIVE BENCHMARKING
           9.9.1 COMPANY PRODUCT TYPE FOOTPRINT
           9.9.2 COMPANY END USE FOOTPRINT
           9.9.3 COMPANY REGION FOOTPRINT
    9.10 STRENGTH OF PRODUCT PORTFOLIO
           FIGURE 42 PRODUCT PORTFOLIO ANALYSIS OF TOP PLAYERS IN HTF MARKET
    9.11 BUSINESS STRATEGY EXCELLENCE
           FIGURE 43 BUSINESS STRATEGY EXCELLENCE OF TOP PLAYERS IN HTF MARKET
    9.12 COMPETITIVE SCENARIO
           9.12.1 PRODUCT LAUNCHES
                     TABLE 153 PRODUCT LAUNCHES
           9.12.2 EXPANSIONS, COLLABORATIONS, AND INVESTMENTS
                     TABLE 154 EXPANSIONS, COLLABORATIONS, AND INVESTMENTS
           9.12.3 MERGERS & ACQUISITIONS
                     TABLE 155 MERGERS & ACQUISITIONS

10 COMPANY PROFILES (Page No. - 157)
     10.1 MAJOR PLAYERS
(Business Overview, Products/Solutions/Services Offered, Recent Developments, SWOT Analysis, and MnM View)*
             10.1.1 THE DOW CHEMICAL COMPANY
                        TABLE 156 THE DOW CHEMICAL COMPANY: COMPANY OVERVIEW
                        FIGURE 44 THE DOW CHEMICAL COMPANY: COMPANY SNAPSHOT
                        TABLE 157 THE DOW CHEMICAL COMPANY: PRODUCT OFFERINGS
                        TABLE 158 THE DOW CHEMICAL COMPANY: NEW PRODUCT LAUNCHES
                        TABLE 159 THE DOW CHEMICAL COMPANY: OTHER DEVELOPMENTS
             10.1.2 EASTMAN CHEMICAL COMPANY
                        TABLE 160 EASTMAN CHEMICAL COMPANY: COMPANY OVERVIEW
                        FIGURE 45 EASTMAN CHEMICAL COMPANY: COMPANY SNAPSHOT
                        TABLE 161 EASTMAN CHEMICAL COMPANY: PRODUCT OFFERINGS
                        TABLE 162 EASTMAN CHEMICAL COMPANY: NEW PRODUCT LAUNCHES
                        TABLE 163 EASTMAN CHEMICAL COMPANY: DEALS
                        TABLE 164 EASTMAN CHEMICAL COMPANY: OTHER DEVELOPMENTS
             10.1.3 EXXONMOBIL
                        TABLE 165 EXXONMOBIL: COMPANY OVERVIEW
                        FIGURE 46 EXXONMOBIL: COMPANY SNAPSHOT
                        TABLE 166 EXXONMOBIL: PRODUCT OFFERINGS
                        TABLE 167 EXXONMOBIL: DEALS
             10.1.4 CHEVRON
                        TABLE 168 CHEVRON: COMPANY OVERVIEW
                        FIGURE 47 CHEVRON: COMPANY SNAPSHOT
                        TABLE 169 CHEVRON: PRODUCT OFFERINGS
                        TABLE 170 CHEVRON: DEALS
             10.1.5 HUNTSMAN CORPORATION
                        TABLE 171 HUNTSMAN CORPORATION: COMPANY OVERVIEW
                        FIGURE 48 HUNTSMAN CORPORATION: COMPANY SNAPSHOT
                        TABLE 172 HUNTSMAN CORPORATION: PRODUCT OFFERINGS
             10.1.6 SHELL PLC
                        TABLE 173 SHELL PLC: COMPANY OVERVIEW
                        FIGURE 49 SHELL PLC: COMPANY SNAPSHOT
                        TABLE 174 SHELL PLC: PRODUCT OFFERINGS
             10.1.7 LANXESS
                        TABLE 175 LANXESS: COMPANY OVERVIEW
                        FIGURE 50 LANXESS: COMPANY SNAPSHOT
                        TABLE 176 LANXESS: PRODUCT OFFERINGS
             10.1.8 CLARIANT AG
                        TABLE 177 CLARIANT AG: COMPANY OVERVIEW
                        TABLE 178 CLARIANT AG: PRODUCT OFFERINGS
             10.1.9 WACKER CHEMIE AG
                        TABLE 179 WACKER CHEMIE AG: COMPANY OVERVIEW
                        FIGURE 51 WACKER CHEMIE AG: COMPANY SNAPSHOT
                        TABLE 180 WACKER CHEMIE AG: PRODUCT OFFERINGS
             10.1.10 INDIAN OIL CORPORATION
                        TABLE 181 INDIAN OIL CORPORATION: COMPANY OVERVIEW
                        FIGURE 52 INDIAN OIL CORPORATION: COMPANY SNAPSHOT
                        TABLE 182 INDIAN OIL CORPORATION: PRODUCT OFFERINGS
             10.1.11 SCHULTZ CANADA CHEMICALS LTD.
                        TABLE 183 SCHULTZ CANADA CHEMICALS LTD.: COMPANY OVERVIEW
                        TABLE 184 SCHULTZ CANADA CHEMICALS LTD.: PRODUCT OFFERINGS
* Business Overview, Products/Solutions/Services Offered, Recent Developments, SWOT Analysis, and MnM View might not be captured in case of unlisted companies.
     10.2 OTHER PLAYERS
             10.2.1 PARATHERM
             10.2.2 ARKEMA
             10.2.3 BASF
             10.2.4 DALIAN RICHFORTUNE CHEMICALS
             10.2.5 BRITISH PETROLEUM
             10.2.6 DUPONT TATE & LYLE
             10.2.7 DYNALENE
             10.2.8 HINDUSTAN PETROLEUM CORPORATION
             10.2.9 GLOBAL HEAT TRANSFER
             10.2.10 ISEL
             10.2.11 PARAS LUBRICANTS LIMITED
             10.2.12 PETRO-CANADA
             10.2.13 PHILLIPS 66
             10.2.14 RADCO INDUSTRIES
             10.2.15 SCHAEFFER SPECIALIZED LUBRICANTS

11 APPENDIX (Page No. - 185)
     11.1 DISCUSSION GUIDE
     11.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
     11.3 CUSTOMIZATION OPTIONS
     11.4 RELATED REPORTS
     11.5 AUTHOR DETAILS