The Global Food Grade Heat Transfer Oil Market was valued at USD 229 Million in 2025 and is projected to reach USD 331 Million by 2034, growing at a Compound Annual Growth Rate (CAGR) of 6.0% during the forecast period (2024–2034). This robust growth is propelled by stringent food safety regulations, the expansion of the global food and beverage industry, and the increasing demand for energy-efficient thermal processing solutions.

As the food processing sector prioritizes hygiene, operational efficiency, and product quality, the role of specialized heat transfer fluids becomes paramount. In this blog, we profile the Top 10 Companies in the Food Grade Heat Transfer Oil Industry—specialty chemical producers and lubricant giants that are setting the standard for safety, performance, and thermal stability in food manufacturing applications.

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🔟 1. Paratherm Corporation

Headquarters: West Conshohocken, Pennsylvania, USA
Key Offering: Paratherm NF®, Paratherm OR, Paratherm MR

Paratherm is a globally recognized leader in high-performance heat transfer fluids, with its Paratherm NF series being specifically formulated for food and pharmaceutical applications where incidental contact is possible. Their fluids are non-fouling and offer excellent thermal stability.

Innovation & Safety Focus:

• Formulations compliant with FDA 21 CFR §178.3570 and USDA H-1

• Expert technical support for system design and maintenance

• Focus on extending fluid life and reducing system downtime

Download FREE Sample Report:
Food Grade Heat Transfer Oil Market – View in Detailed Research Report

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9️⃣ 2. Duratherm Extended Life Fluids

Headquarters: Lewiston, New York, USA
Key Offering: Duratherm FG, Duratherm S, Duratherm G

Duratherm specializes in extended life heat transfer fluids, with Duratherm FG being a premium food-grade option. The company is known for its rigorous quality control and fluids that deliver superior performance in both high and low-temperature applications within food processing plants.

Innovation & Safety Focus:

• High flash points and excellent oxidation resistance

• Comprehensive fluid analysis program to monitor fluid health

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8️⃣ 3. Eastman Chemical Company (Therminol)

Headquarters: Kingsport, Tennessee, USA
Key Offering: Therminol® food-grade heat transfer fluids

Eastman’s Therminol brand is a global powerhouse in heat transfer fluids. Their food-grade solutions are engineered for precise temperature control in critical processes like baking, frying, and confectionery manufacturing, ensuring product consistency and safety.

Innovation & Safety Focus:

• Wide range of synthetic and mineral oil-based food-grade fluids

• Strong R&D focus on thermal stability and energy efficiency

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7️⃣ 4. Global Heat Transfer Ltd.

Headquarters: West Midlands, United Kingdom
Key Offering: Globaltherm™ FG, Globaltherm™ Omnitech

Global Heat Transfer is a major supplier in the EMEA region, providing a comprehensive range of heat transfer fluids, including dedicated food-grade products. They offer full lifecycle support, from fluid selection to used oil analysis and disposal.

Innovation & Safety Focus:

• Focus on reducing carbon footprint through efficient thermal fluid management

• Proactive maintenance services to prevent system failures

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6️⃣ 5. FRAGOL GmbH & Co. KG

Headquarters: Mülheim an der Ruhr, Germany
Key Offering: FRAGOL therm F, FRAGOL therm FG

FRAGOL is a leading German manufacturer of high-quality heat transfer oils and systems. Their food-grade fluids are renowned for their reliability and long service life, serving the robust European food and beverage manufacturing sector.

Innovation & Safety Focus:

• Compliance with stringent European food safety standards

• Specialization in high-temperature applications up to 350°C

Download FREE Sample Report:
Food Grade Heat Transfer Oil Market – View in Detailed Research Report

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5️⃣ 6. Klüber Lubrication

Headquarters: Munich, Germany
Key Offering: Klübertherm B FG series

Klüber Lubrication, a member of the Freudenberg Group, offers specialized synthetic heat transfer oils for the food industry. Their Klübertherm B FG series provides outstanding thermal stability and is designed for systems requiring high levels of hygiene and safety.

Innovation & Safety Focus:

• NSF H1 registered for incidental food contact

• Low vapor pressure and high auto-ignition temperature for enhanced safety

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4️⃣ 7. Sigma Thermal

Headquarters: Atlanta, Georgia, USA
Key Offering: Food-grade thermal fluid supply and system integration

Sigma Thermal provides integrated solutions, supplying high-quality food-grade heat transfer fluids alongside the design and installation of thermal fluid heating systems. They are a key partner for food processors looking for turnkey thermal solutions.

Innovation & Safety Focus:

• Expertise in custom-engineered thermal systems for specific food applications

• 24/7 support and maintenance services

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3️⃣ 8. Petro-Canada Lubricants (A HollyFrontier Company)

Headquarters: Mississauga, Canada
Key Offering: PURITY™ FG Food Grade Heat Transfer Fluid

Petro-Canada Lubricants offers the PURITY FG fluid, a high-performance, food-grade synthetic hydrocarbon fluid. It is designed for use in indirect heat transfer systems where operational safety and compliance are critical.

Innovation & Safety Focus:

• NSF H1 registration and compliance with FDA regulations

• Excellent low-temperature fluidity and high-temperature stability

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2️⃣ 9. Radco Industries (Thermal Fluid Solutions)

Headquarters: La Fox, Illinois, USA
Key Offering: Custom-blended food-grade heat transfer oils

Radco Industries, operating under its Thermal Fluid Solutions division, provides a range of heat transfer fluids, including specialized blends for the food industry. They emphasize product quality and tailor solutions to meet specific customer process requirements.

Innovation & Safety Focus:

• Focus on sustainable and environmentally acceptable formulations

• On-site testing and fluid management services

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1️⃣ 10. ISEL, Inc.

Headquarters: Terryville, Connecticut, USA
Key Offering: ISEL FG Series food-grade heat transfer oils

ISEL, Inc. is a specialty chemical company offering a selection of food-grade heat transfer oils known for their purity and performance. They serve a diverse range of industries, with a strong focus on meeting the exacting standards of food and pharmaceutical manufacturers.

Innovation & Safety Focus:

• Commitment to high-purity formulations with minimal additives

• Responsive customer service and technical expertise

Get Full Report Here:
Food Grade Heat Transfer Oil Market – View in Detailed Research Report

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🌍 Outlook: The Future of Food Grade Heat Transfer Oil is Smarter and More Sustainable

The food grade heat transfer oil market is evolving beyond basic heat transfer to embrace smart technology and sustainability. The focus is shifting towards fluids that offer not only superior thermal performance but also contribute to reduced energy consumption and enhanced environmental profiles.

📈 Key Trends Shaping the Market:

• Rising demand for synthetic and bio-based fluids with lower carbon footprints

• Integration of IoT sensors for real-time fluid condition monitoring and predictive maintenance

• Increasing regulatory scrutiny and the need for certified compliant fluids (FDA, NSF)

• Growing adoption in emerging economies with expanding food processing sectors

Get Full Report Here:
Food Grade Heat Transfer Oil Market – View in Detailed Research Report

The companies listed above are not only supplying essential thermal fluids—they are enabling the safe, efficient, and sustainable production of food worldwide.