Thermon Corporate Presentation
Revenue by End Market Trailing 12 Months
General Industries & Other
24%
Chemical/Petrochemical
15%
Commercial
6%
Renewables
Strategic Adjacencies*
6%
5%
Power
4%
Rail & Transit
3%
Upstream Oil
12%
15%
•
Highlights
Growing customer
CAPEX spend
Success in Food &
Beverage globally
Growing activity in
Alternative Fuels,
Hydrogen, Ammonia
and LNG
US power market
upgrades and retrofits
Downstream Oil / Refining
Midstream Oil
2%
Upstream Gas
3%
Downstream Gas
3%
Midstream Gas
2%
THERMON
Q2 2024 Earnings | 13
~64%
of revenues diversified,
non-Oil & Gas end markets
*Strategic Adjacencies includes Mining and Mineral Processing, Maritime/Shipbuilding, Semiconductors, Pharmaceutical and Biotechnology, Food and Beverage and Data Centers.View entire presentation