Mineral Oil Based Heat Transfer Fluid Market: Trends, Developments, and Future Outlook (2025-2032)
Mineral oil-based heat transfer fluids are integral to numerous industrial applications, from chemical processing to renewable energy systems. Produced by refining and distilling petroleum, these fluids comprise hydrocarbon mixtures that offer efficient thermal management in high-temperature systems. In 2024, the global market for mineral oil-based heat transfer fluids was valued at USD 526 million and […]