Global Insulating Oil Market Analysis and Forecast 2024-2030

Global Insulating Oil Market Analysis and Forecast 2024-2030


Insulating oil in an electrical power transformer is commonly known as transformer oil. It is normally obtained by fractional distillation and subsequent treatment of crude petroleum. That is why this oil is also known as mineral insulating oil. Transformer oil serves mainly two purposes one it is liquid insulation in electrical power transformer and two it dissipates heat of the transformer oil. acts as coolant. In addition to these, this oil serves other two purposes, it helps to preserve the core and winding as these are fully immersed inside oil and another important purpose of this oil is, it prevents direct contact of atmospheric oxygen with cellulose made paper insulation of windings, which is susceptible to oxidation.

According to APO Research, The global Insulating Oil market is projected to grow from US$ million in 2024 to US$ million by 2030, at a Compound Annual Growth Rate (CAGR) of % during the forecast period.

Global Insulating Oil main players are Nynas, Petrochina, Apar Industry, Ergon, etc. Global top four manufacturers hold a share over 45%. China is the largest market, with a share nearly 30%.

In terms of production side, this report researches the Insulating Oil production, growth rate, market share by manufacturers and by region (region level and country level), from 2019 to 2024, and forecast to 2030.

In terms of consumption side, this report focuses on the sales of Insulating Oil by region (region level and country level), by Company, by Type and by Application. from 2019 to 2024 and forecast to 2030.

This report presents an overview of global market for Insulating Oil, capacity, output, revenue and price. Analyses of the global market trends, with historic market revenue or sales data for 2019 - 2023, estimates for 2024, and projections of CAGR through 2030.

This report researches the key producers of Insulating Oil, also provides the consumption of main regions and countries. Of the upcoming market potential for Insulating Oil, and key regions or countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.

This report focuses on the Insulating Oil sales, revenue, market share and industry ranking of main manufacturers, data from 2019 to 2024. Identification of the major stakeholders in the global Insulating Oil market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.

This report analyzes the segments data by Type and by Application, sales, revenue, and price, from 2019 to 2030. Evaluation and forecast the market size for Insulating Oil sales, projected growth trends, production technology, application and end-user industry.

Descriptive company profiles of the major global players, including Nynas, Petrochina, Ergon, Apar Industry, CNOOC, Shell, Sinopec, Savita Oil and Calumet, etc.

Insulating Oil segment by Company

Nynas
Petrochina
Ergon
Apar Industry
CNOOC
Shell
Sinopec
Savita Oil
Calumet
Engen Petroleum
Valvoline
Jiangsu Gaoke
Raj Petro Specialties
Jiangsu Shuangjiang
Hydrodec
Cargill
Dow Corning

Insulating Oil segment by Type

Mineral Oil-based Insulating Oil
Silicone-based Insulating Oil
Synthetic Oil-based Insulating Oil

Insulating Oil segment by Application

Ordinary Transformer
EHV Transformer

Insulating Oil segment by Region

North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE

Study Objectives

1. To analyze and research the global status and future forecast, involving, production, value, consumption, growth rate (CAGR), market share, historical and forecast.
2. To present the key manufacturers, capacity, production, revenue, market share, and Recent Developments.
3. To split the breakdown data by regions, type, manufacturers, and Application.
4. To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints, and risks.
5. To identify significant trends, drivers, influence factors in global and regions.
6. To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Insulating Oil market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Insulating Oil and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market.
5. This report helps stakeholders to gain insights into which regions to target globally.
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Insulating Oil.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by type and by application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Insulating Oil production/output of global and key producers (regions/countries). It provides a quantitative analysis of the production, and development potential of each producer in the next six years.
Chapter 4: Sales (consumption), revenue of Insulating Oil in global, regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 5: Detailed analysis of Insulating Oil manufacturers competitive landscape, price, sales, revenue, market share and industry ranking, latest development plan, merger, and acquisition information, etc.
Chapter 6: Provides the analysis of various market segments by type, covering the sales, revenue, average price, and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 7: Provides the analysis of various market segments by application, covering the sales, revenue, average price, and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 8: Provides profiles of key manufacturers, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, Insulating Oil sales, revenue, price, gross margin, and recent development, etc.
Chapter 9: North America (US & Canada) by type, by application and by country, sales, and revenue for each segment.
Chapter 10: Europe by type, by application and by country, sales, and revenue for each segment.
Chapter 11: China by type, by application, sales, and revenue for each segment.
Chapter 12: Asia (Excluding China) by type, by application and by region, sales, and revenue for each segment.
Chapter 13: Middle East, Africa, Latin America by type, by application and by country, sales, and revenue for each segment.
Chapter 14: Analysis of industrial chain, sales channel, key raw materials, distributors and customers.
Chapter 15: The main concluding insights of the report.
Chapter 15: The main concluding insights of the report.


1 Market Overview
1.1 Product Definition
1.2 Insulating Oil Market by Type
1.2.1 Global Insulating Oil Market Size by Type, 2019 VS 2023 VS 2030
1.2.2 Mineral Oil-based Insulating Oil
1.2.3 Silicone-based Insulating Oil
1.2.4 Synthetic Oil-based Insulating Oil
1.3 Insulating Oil Market by Application
1.3.1 Global Insulating Oil Market Size by Application, 2019 VS 2023 VS 2030
1.3.2 Ordinary Transformer
1.3.3 EHV Transformer
1.4 Assumptions and Limitations
1.5 Study Goals and Objectives
2 Insulating Oil Market Dynamics
2.1 Insulating Oil Industry Trends
2.2 Insulating Oil Industry Drivers
2.3 Insulating Oil Industry Opportunities and Challenges
2.4 Insulating Oil Industry Restraints
3 Global Insulating Oil Production Overview
3.1 Global Insulating Oil Production Capacity (2019-2030)
3.2 Global Insulating Oil Production by Region: 2019 VS 2023 VS 2030
3.3 Global Insulating Oil Production by Region
3.3.1 Global Insulating Oil Production by Region (2019-2024)
3.3.2 Global Insulating Oil Production by Region (2025-2030)
3.3.3 Global Insulating Oil Production Market Share by Region (2019-2030)
3.4 North America
3.5 Europe
3.6 China
4 Global Market Growth Prospects
4.1 Global Insulating Oil Revenue Estimates and Forecasts (2019-2030)
4.2 Global Insulating Oil Revenue by Region
4.2.1 Global Insulating Oil Revenue by Region: 2019 VS 2023 VS 2030
4.2.2 Global Insulating Oil Revenue by Region (2019-2024)
4.2.3 Global Insulating Oil Revenue by Region (2025-2030)
4.2.4 Global Insulating Oil Revenue Market Share by Region (2019-2030)
4.3 Global Insulating Oil Sales Estimates and Forecasts 2019-2030
4.4 Global Insulating Oil Sales by Region
4.4.1 Global Insulating Oil Sales by Region: 2019 VS 2023 VS 2030
4.4.2 Global Insulating Oil Sales by Region (2019-2024)
4.4.3 Global Insulating Oil Sales by Region (2025-2030)
4.4.4 Global Insulating Oil Sales Market Share by Region (2019-2030)
4.5 US & Canada
4.6 Europe
4.7 China
4.8 Asia (Excluding China)
4.9 Middle East, Africa and Latin America
5 Market Competitive Landscape by Manufacturers
5.1 Global Insulating Oil Revenue by Manufacturers
5.1.1 Global Insulating Oil Revenue by Manufacturers (2019-2024)
5.1.2 Global Insulating Oil Revenue Market Share by Manufacturers (2019-2024)
5.1.3 Global Insulating Oil Manufacturers Revenue Share Top 10 and Top 5 in 2023
5.2 Global Insulating Oil Sales by Manufacturers
5.2.1 Global Insulating Oil Sales by Manufacturers (2019-2024)
5.2.2 Global Insulating Oil Sales Market Share by Manufacturers (2019-2024)
5.2.3 Global Insulating Oil Manufacturers Sales Share Top 10 and Top 5 in 2023
5.3 Global Insulating Oil Sales Price by Manufacturers (2019-2024)
5.4 Global Insulating Oil Key Manufacturers Ranking, 2022 VS 2023 VS 2024
5.5 Global Insulating Oil Key Manufacturers Manufacturing Sites & Headquarters
5.6 Global Insulating Oil Manufacturers, Product Type & Application
5.7 Global Insulating Oil Manufacturers Commercialization Time
5.8 Market Competitive Analysis
5.8.1 Global Insulating Oil Market CR5 and HHI
5.8.2 2023 Insulating Oil Tier 1, Tier 2, and Tier 3
6 Insulating Oil Market by Type
6.1 Global Insulating Oil Revenue by Type
6.1.1 Global Insulating Oil Revenue by Type (2019 VS 2023 VS 2030)
6.1.2 Global Insulating Oil Revenue by Type (2019-2030) & (US$ Million)
6.1.3 Global Insulating Oil Revenue Market Share by Type (2019-2030)
6.2 Global Insulating Oil Sales by Type
6.2.1 Global Insulating Oil Sales by Type (2019 VS 2023 VS 2030)
6.2.2 Global Insulating Oil Sales by Type (2019-2030) & (K MT)
6.2.3 Global Insulating Oil Sales Market Share by Type (2019-2030)
6.3 Global Insulating Oil Price by Type
7 Insulating Oil Market by Application
7.1 Global Insulating Oil Revenue by Application
7.1.1 Global Insulating Oil Revenue by Application (2019 VS 2023 VS 2030)
7.1.2 Global Insulating Oil Revenue by Application (2019-2030) & (US$ Million)
7.1.3 Global Insulating Oil Revenue Market Share by Application (2019-2030)
7.2 Global Insulating Oil Sales by Application
7.2.1 Global Insulating Oil Sales by Application (2019 VS 2023 VS 2030)
7.2.2 Global Insulating Oil Sales by Application (2019-2030) & (K MT)
7.2.3 Global Insulating Oil Sales Market Share by Application (2019-2030)
7.3 Global Insulating Oil Price by Application
8 Company Profiles
8.1 Nynas
8.1.1 Nynas Comapny Information
8.1.2 Nynas Business Overview
8.1.3 Nynas Insulating Oil Sales, Revenue, Price and Gross Margin (2019-2024)
8.1.4 Nynas Insulating Oil Product Portfolio
8.1.5 Nynas Recent Developments
8.2 Petrochina
8.2.1 Petrochina Comapny Information
8.2.2 Petrochina Business Overview
8.2.3 Petrochina Insulating Oil Sales, Revenue, Price and Gross Margin (2019-2024)
8.2.4 Petrochina Insulating Oil Product Portfolio
8.2.5 Petrochina Recent Developments
8.3 Ergon
8.3.1 Ergon Comapny Information
8.3.2 Ergon Business Overview
8.3.3 Ergon Insulating Oil Sales, Revenue, Price and Gross Margin (2019-2024)
8.3.4 Ergon Insulating Oil Product Portfolio
8.3.5 Ergon Recent Developments
8.4 Apar Industry
8.4.1 Apar Industry Comapny Information
8.4.2 Apar Industry Business Overview
8.4.3 Apar Industry Insulating Oil Sales, Revenue, Price and Gross Margin (2019-2024)
8.4.4 Apar Industry Insulating Oil Product Portfolio
8.4.5 Apar Industry Recent Developments
8.5 CNOOC
8.5.1 CNOOC Comapny Information
8.5.2 CNOOC Business Overview
8.5.3 CNOOC Insulating Oil Sales, Revenue, Price and Gross Margin (2019-2024)
8.5.4 CNOOC Insulating Oil Product Portfolio
8.5.5 CNOOC Recent Developments
8.6 Shell
8.6.1 Shell Comapny Information
8.6.2 Shell Business Overview
8.6.3 Shell Insulating Oil Sales, Revenue, Price and Gross Margin (2019-2024)
8.6.4 Shell Insulating Oil Product Portfolio
8.6.5 Shell Recent Developments
8.7 Sinopec
8.7.1 Sinopec Comapny Information
8.7.2 Sinopec Business Overview
8.7.3 Sinopec Insulating Oil Sales, Revenue, Price and Gross Margin (2019-2024)
8.7.4 Sinopec Insulating Oil Product Portfolio
8.7.5 Sinopec Recent Developments
8.8 Savita Oil
8.8.1 Savita Oil Comapny Information
8.8.2 Savita Oil Business Overview
8.8.3 Savita Oil Insulating Oil Sales, Revenue, Price and Gross Margin (2019-2024)
8.8.4 Savita Oil Insulating Oil Product Portfolio
8.8.5 Savita Oil Recent Developments
8.9 Calumet
8.9.1 Calumet Comapny Information
8.9.2 Calumet Business Overview
8.9.3 Calumet Insulating Oil Sales, Revenue, Price and Gross Margin (2019-2024)
8.9.4 Calumet Insulating Oil Product Portfolio
8.9.5 Calumet Recent Developments
8.10 Engen Petroleum
8.10.1 Engen Petroleum Comapny Information
8.10.2 Engen Petroleum Business Overview
8.10.3 Engen Petroleum Insulating Oil Sales, Revenue, Price and Gross Margin (2019-2024)
8.10.4 Engen Petroleum Insulating Oil Product Portfolio
8.10.5 Engen Petroleum Recent Developments
8.11 Valvoline
8.11.1 Valvoline Comapny Information
8.11.2 Valvoline Business Overview
8.11.3 Valvoline Insulating Oil Sales, Revenue, Price and Gross Margin (2019-2024)
8.11.4 Valvoline Insulating Oil Product Portfolio
8.11.5 Valvoline Recent Developments
8.12 Jiangsu Gaoke
8.12.1 Jiangsu Gaoke Comapny Information
8.12.2 Jiangsu Gaoke Business Overview
8.12.3 Jiangsu Gaoke Insulating Oil Sales, Revenue, Price and Gross Margin (2019-2024)
8.12.4 Jiangsu Gaoke Insulating Oil Product Portfolio
8.12.5 Jiangsu Gaoke Recent Developments
8.13 Raj Petro Specialties
8.13.1 Raj Petro Specialties Comapny Information
8.13.2 Raj Petro Specialties Business Overview
8.13.3 Raj Petro Specialties Insulating Oil Sales, Revenue, Price and Gross Margin (2019-2024)
8.13.4 Raj Petro Specialties Insulating Oil Product Portfolio
8.13.5 Raj Petro Specialties Recent Developments
8.14 Jiangsu Shuangjiang
8.14.1 Jiangsu Shuangjiang Comapny Information
8.14.2 Jiangsu Shuangjiang Business Overview
8.14.3 Jiangsu Shuangjiang Insulating Oil Sales, Revenue, Price and Gross Margin (2019-2024)
8.14.4 Jiangsu Shuangjiang Insulating Oil Product Portfolio
8.14.5 Jiangsu Shuangjiang Recent Developments
8.15 Hydrodec
8.15.1 Hydrodec Comapny Information
8.15.2 Hydrodec Business Overview
8.15.3 Hydrodec Insulating Oil Sales, Revenue, Price and Gross Margin (2019-2024)
8.15.4 Hydrodec Insulating Oil Product Portfolio
8.15.5 Hydrodec Recent Developments
8.16 Cargill
8.16.1 Cargill Comapny Information
8.16.2 Cargill Business Overview
8.16.3 Cargill Insulating Oil Sales, Revenue, Price and Gross Margin (2019-2024)
8.16.4 Cargill Insulating Oil Product Portfolio
8.16.5 Cargill Recent Developments
8.17 Dow Corning
8.17.1 Dow Corning Comapny Information
8.17.2 Dow Corning Business Overview
8.17.3 Dow Corning Insulating Oil Sales, Revenue, Price and Gross Margin (2019-2024)
8.17.4 Dow Corning Insulating Oil Product Portfolio
8.17.5 Dow Corning Recent Developments
9 North America
9.1 North America Insulating Oil Market Size by Type
9.1.1 North America Insulating Oil Revenue by Type (2019-2030)
9.1.2 North America Insulating Oil Sales by Type (2019-2030)
9.1.3 North America Insulating Oil Price by Type (2019-2030)
9.2 North America Insulating Oil Market Size by Application
9.2.1 North America Insulating Oil Revenue by Application (2019-2030)
9.2.2 North America Insulating Oil Sales by Application (2019-2030)
9.2.3 North America Insulating Oil Price by Application (2019-2030)
9.3 North America Insulating Oil Market Size by Country
9.3.1 North America Insulating Oil Revenue Grow Rate by Country (2019 VS 2023 VS 2030)
9.3.2 North America Insulating Oil Sales by Country (2019 VS 2023 VS 2030)
9.3.3 North America Insulating Oil Price by Country (2019-2030)
9.3.4 U.S.
9.3.5 Canada
10 Europe
10.1 Europe Insulating Oil Market Size by Type
10.1.1 Europe Insulating Oil Revenue by Type (2019-2030)
10.1.2 Europe Insulating Oil Sales by Type (2019-2030)
10.1.3 Europe Insulating Oil Price by Type (2019-2030)
10.2 Europe Insulating Oil Market Size by Application
10.2.1 Europe Insulating Oil Revenue by Application (2019-2030)
10.2.2 Europe Insulating Oil Sales by Application (2019-2030)
10.2.3 Europe Insulating Oil Price by Application (2019-2030)
10.3 Europe Insulating Oil Market Size by Country
10.3.1 Europe Insulating Oil Revenue Grow Rate by Country (2019 VS 2023 VS 2030)
10.3.2 Europe Insulating Oil Sales by Country (2019 VS 2023 VS 2030)
10.3.3 Europe Insulating Oil Price by Country (2019-2030)
10.3.4 Germany
10.3.5 France
10.3.6 U.K.
10.3.7 Italy
10.3.8 Russia
11 China
11.1 China Insulating Oil Market Size by Type
11.1.1 China Insulating Oil Revenue by Type (2019-2030)
11.1.2 China Insulating Oil Sales by Type (2019-2030)
11.1.3 China Insulating Oil Price by Type (2019-2030)
11.2 China Insulating Oil Market Size by Application
11.2.1 China Insulating Oil Revenue by Application (2019-2030)
11.2.2 China Insulating Oil Sales by Application (2019-2030)
11.2.3 China Insulating Oil Price by Application (2019-2030)
12 Asia (Excluding China)
12.1 Asia Insulating Oil Market Size by Type
12.1.1 Asia Insulating Oil Revenue by Type (2019-2030)
12.1.2 Asia Insulating Oil Sales by Type (2019-2030)
12.1.3 Asia Insulating Oil Price by Type (2019-2030)
12.2 Asia Insulating Oil Market Size by Application
12.2.1 Asia Insulating Oil Revenue by Application (2019-2030)
12.2.2 Asia Insulating Oil Sales by Application (2019-2030)
12.2.3 Asia Insulating Oil Price by Application (2019-2030)
12.3 Asia Insulating Oil Market Size by Country
12.3.1 Asia Insulating Oil Revenue Grow Rate by Country (2019 VS 2023 VS 2030)
12.3.2 Asia Insulating Oil Sales by Country (2019 VS 2023 VS 2030)
12.3.3 Asia Insulating Oil Price by Country (2019-2030)
12.3.4 Japan
12.3.5 South Korea
12.3.6 India
12.3.7 Australia
12.3.8 China Taiwan
12.3.9 Southeast Asia
13 Middle East, Africa and Latin America
13.1 Middle East, Africa and Latin America Insulating Oil Market Size by Type
13.1.1 Middle East, Africa and Latin America Insulating Oil Revenue by Type (2019-2030)
13.1.2 Middle East, Africa and Latin America Insulating Oil Sales by Type (2019-2030)
13.1.3 Middle East, Africa and Latin America Insulating Oil Price by Type (2019-2030)
13.2 Middle East, Africa and Latin America Insulating Oil Market Size by Application
13.2.1 Middle East, Africa and Latin America Insulating Oil Revenue by Application (2019-2030)
13.2.2 Middle East, Africa and Latin America Insulating Oil Sales by Application (2019-2030)
13.2.3 Middle East, Africa and Latin America Insulating Oil Price by Application (2019-2030)
13.3 Middle East, Africa and Latin America Insulating Oil Market Size by Country
13.3.1 Middle East, Africa and Latin America Insulating Oil Revenue Grow Rate by Country (2019 VS 2023 VS 2030)
13.3.2 Middle East, Africa and Latin America Insulating Oil Sales by Country (2019 VS 2023 VS 2030)
13.3.3 Middle East, Africa and Latin America Insulating Oil Price by Country (2019-2030)
13.3.4 Mexico
13.3.5 Brazil
13.3.6 Israel
13.3.7 Argentina
13.3.8 Colombia
13.3.9 Turkey
13.3.10 Saudi Arabia
13.3.11 UAE
14 Value Chain and Sales Channels Analysis
14.1 Insulating Oil Value Chain Analysis
14.1.1 Insulating Oil Key Raw Materials
14.1.2 Raw Materials Key Suppliers
14.1.3 Manufacturing Cost Structure
14.1.4 Insulating Oil Production Mode & Process
14.2 Insulating Oil Sales Channels Analysis
14.2.1 Direct Comparison with Distribution Share
14.2.2 Insulating Oil Distributors
14.2.3 Insulating Oil Customers
15 Concluding Insights
16 Appendix
16.1 Reasons for Doing This Study
16.2 Research Methodology
16.3 Research Process
16.4 Authors List of This Report
16.5 Data Source
16.5.1 Secondary Sources
16.5.2 Primary Sources
16.6 Disclaimer

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