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Synopsis
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.
The global Insulating Oil market was valued at US$ 2756.5 million in 2023 and is anticipated to reach US$ 3306.2 million by 2030, witnessing a CAGR of 2.6% during the forecast period 2024-2030.
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%.
This report aims to provide a comprehensive presentation of the global market for Insulating Oil, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Insulating Oil.
Report Scope
The Insulating Oil market size, estimations, and forecasts are provided in terms of output/shipments (K MT) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Insulating Oil market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Insulating Oil manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
By Type
By Application
Consumption by Region
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, 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: Detailed analysis of Insulating Oil manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Insulating Oil by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Insulating Oil in 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, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: 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 10: The main points and conclusions of the report.
1 Insulating Oil Market Overview
1.1 Product Definition
1.2 Insulating Oil Segment by Type
1.2.1 Global Insulating Oil Market Value Growth Rate Analysis by Type 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 Segment by Application
1.3.1 Global Insulating Oil Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Ordinary Transformer
1.3.3 EHV Transformer
1.4 Global Market Growth Prospects
1.4.1 Global Insulating Oil Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Insulating Oil Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Insulating Oil Production Estimates and Forecasts (2019-2030)
1.4.4 Global Insulating Oil Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Insulating Oil Production Market Share by Manufacturers (2019-2024)
2.2 Global Insulating Oil Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Insulating Oil, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Insulating Oil Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Insulating Oil Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Insulating Oil, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Insulating Oil, Product Offered and Application
2.8 Global Key Manufacturers of Insulating Oil, Date of Enter into This Industry
2.9 Insulating Oil Market Competitive Situation and Trends
2.9.1 Insulating Oil Market Concentration Rate
2.9.2 Global 5 and 10 Largest Insulating Oil Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Insulating Oil Production by Region
3.1 Global Insulating Oil Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Insulating Oil Production Value by Region (2019-2030)
3.2.1 Global Insulating Oil Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Insulating Oil by Region (2025-2030)
3.3 Global Insulating Oil Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Insulating Oil Production by Region (2019-2030)
3.4.1 Global Insulating Oil Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Insulating Oil by Region (2025-2030)
3.5 Global Insulating Oil Market Price Analysis by Region (2019-2024)
3.6 Global Insulating Oil Production and Value, Year-over-Year Growth
3.6.1 North America Insulating Oil Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Insulating Oil Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Insulating Oil Production Value Estimates and Forecasts (2019-2030)
4 Insulating Oil Consumption by Region
4.1 Global Insulating Oil Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Insulating Oil Consumption by Region (2019-2030)
4.2.1 Global Insulating Oil Consumption by Region (2019-2024)
4.2.2 Global Insulating Oil Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Insulating Oil Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Insulating Oil Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Insulating Oil Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Insulating Oil Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Insulating Oil Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Insulating Oil Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Insulating Oil Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Insulating Oil Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Insulating Oil Production by Type (2019-2030)
5.1.1 Global Insulating Oil Production by Type (2019-2024)
5.1.2 Global Insulating Oil Production by Type (2025-2030)
5.1.3 Global Insulating Oil Production Market Share by Type (2019-2030)
5.2 Global Insulating Oil Production Value by Type (2019-2030)
5.2.1 Global Insulating Oil Production Value by Type (2019-2024)
5.2.2 Global Insulating Oil Production Value by Type (2025-2030)
5.2.3 Global Insulating Oil Production Value Market Share by Type (2019-2030)
5.3 Global Insulating Oil Price by Type (2019-2030)
6 Segment by Application
6.1 Global Insulating Oil Production by Application (2019-2030)
6.1.1 Global Insulating Oil Production by Application (2019-2024)
6.1.2 Global Insulating Oil Production by Application (2025-2030)
6.1.3 Global Insulating Oil Production Market Share by Application (2019-2030)
6.2 Global Insulating Oil Production Value by Application (2019-2030)
6.2.1 Global Insulating Oil Production Value by Application (2019-2024)
6.2.2 Global Insulating Oil Production Value by Application (2025-2030)
6.2.3 Global Insulating Oil Production Value Market Share by Application (2019-2030)
6.3 Global Insulating Oil Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Nynas
7.1.1 Nynas Insulating Oil Corporation Information
7.1.2 Nynas Insulating Oil Product Portfolio
7.1.3 Nynas Insulating Oil Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Nynas Main Business and Markets Served
7.1.5 Nynas Recent Developments/Updates
7.2 Petrochina
7.2.1 Petrochina Insulating Oil Corporation Information
7.2.2 Petrochina Insulating Oil Product Portfolio
7.2.3 Petrochina Insulating Oil Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Petrochina Main Business and Markets Served
7.2.5 Petrochina Recent Developments/Updates
7.3 Ergon
7.3.1 Ergon Insulating Oil Corporation Information
7.3.2 Ergon Insulating Oil Product Portfolio
7.3.3 Ergon Insulating Oil Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Ergon Main Business and Markets Served
7.3.5 Ergon Recent Developments/Updates
7.4 Apar Industry
7.4.1 Apar Industry Insulating Oil Corporation Information
7.4.2 Apar Industry Insulating Oil Product Portfolio
7.4.3 Apar Industry Insulating Oil Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Apar Industry Main Business and Markets Served
7.4.5 Apar Industry Recent Developments/Updates
7.5 CNOOC
7.5.1 CNOOC Insulating Oil Corporation Information
7.5.2 CNOOC Insulating Oil Product Portfolio
7.5.3 CNOOC Insulating Oil Production, Value, Price and Gross Margin (2019-2024)
7.5.4 CNOOC Main Business and Markets Served
7.5.5 CNOOC Recent Developments/Updates
7.6 Shell
7.6.1 Shell Insulating Oil Corporation Information
7.6.2 Shell Insulating Oil Product Portfolio
7.6.3 Shell Insulating Oil Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Shell Main Business and Markets Served
7.6.5 Shell Recent Developments/Updates
7.7 Sinopec
7.7.1 Sinopec Insulating Oil Corporation Information
7.7.2 Sinopec Insulating Oil Product Portfolio
7.7.3 Sinopec Insulating Oil Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Sinopec Main Business and Markets Served
7.7.5 Sinopec Recent Developments/Updates
7.8 Savita Oil
7.8.1 Savita Oil Insulating Oil Corporation Information
7.8.2 Savita Oil Insulating Oil Product Portfolio
7.8.3 Savita Oil Insulating Oil Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Savita Oil Main Business and Markets Served
7.7.5 Savita Oil Recent Developments/Updates
7.9 Calumet
7.9.1 Calumet Insulating Oil Corporation Information
7.9.2 Calumet Insulating Oil Product Portfolio
7.9.3 Calumet Insulating Oil Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Calumet Main Business and Markets Served
7.9.5 Calumet Recent Developments/Updates
7.10 Engen Petroleum
7.10.1 Engen Petroleum Insulating Oil Corporation Information
7.10.2 Engen Petroleum Insulating Oil Product Portfolio
7.10.3 Engen Petroleum Insulating Oil Production, Value, Price and Gross Margin (2019-2024)
7.10.4 Engen Petroleum Main Business and Markets Served
7.10.5 Engen Petroleum Recent Developments/Updates
7.11 Valvoline
7.11.1 Valvoline Insulating Oil Corporation Information
7.11.2 Valvoline Insulating Oil Product Portfolio
7.11.3 Valvoline Insulating Oil Production, Value, Price and Gross Margin (2019-2024)
7.11.4 Valvoline Main Business and Markets Served
7.11.5 Valvoline Recent Developments/Updates
7.12 Jiangsu Gaoke
7.12.1 Jiangsu Gaoke Insulating Oil Corporation Information
7.12.2 Jiangsu Gaoke Insulating Oil Product Portfolio
7.12.3 Jiangsu Gaoke Insulating Oil Production, Value, Price and Gross Margin (2019-2024)
7.12.4 Jiangsu Gaoke Main Business and Markets Served
7.12.5 Jiangsu Gaoke Recent Developments/Updates
7.13 Raj Petro Specialties
7.13.1 Raj Petro Specialties Insulating Oil Corporation Information
7.13.2 Raj Petro Specialties Insulating Oil Product Portfolio
7.13.3 Raj Petro Specialties Insulating Oil Production, Value, Price and Gross Margin (2019-2024)
7.13.4 Raj Petro Specialties Main Business and Markets Served
7.13.5 Raj Petro Specialties Recent Developments/Updates
7.14 Jiangsu Shuangjiang
7.14.1 Jiangsu Shuangjiang Insulating Oil Corporation Information
7.14.2 Jiangsu Shuangjiang Insulating Oil Product Portfolio
7.14.3 Jiangsu Shuangjiang Insulating Oil Production, Value, Price and Gross Margin (2019-2024)
7.14.4 Jiangsu Shuangjiang Main Business and Markets Served
7.14.5 Jiangsu Shuangjiang Recent Developments/Updates
7.15 Hydrodec
7.15.1 Hydrodec Insulating Oil Corporation Information
7.15.2 Hydrodec Insulating Oil Product Portfolio
7.15.3 Hydrodec Insulating Oil Production, Value, Price and Gross Margin (2019-2024)
7.15.4 Hydrodec Main Business and Markets Served
7.15.5 Hydrodec Recent Developments/Updates
7.16 Cargill
7.16.1 Cargill Insulating Oil Corporation Information
7.16.2 Cargill Insulating Oil Product Portfolio
7.16.3 Cargill Insulating Oil Production, Value, Price and Gross Margin (2019-2024)
7.16.4 Cargill Main Business and Markets Served
7.16.5 Cargill Recent Developments/Updates
7.17 Dow Corning
7.17.1 Dow Corning Insulating Oil Corporation Information
7.17.2 Dow Corning Insulating Oil Product Portfolio
7.17.3 Dow Corning Insulating Oil Production, Value, Price and Gross Margin (2019-2024)
7.17.4 Dow Corning Main Business and Markets Served
7.17.5 Dow Corning Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Insulating Oil Industry Chain Analysis
8.2 Insulating Oil Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Insulating Oil Production Mode & Process
8.4 Insulating Oil Sales and Marketing
8.4.1 Insulating Oil Sales Channels
8.4.2 Insulating Oil Distributors
8.5 Insulating Oil Customers
9 Insulating Oil Market Dynamics
9.1 Insulating Oil Industry Trends
9.2 Insulating Oil Market Drivers
9.3 Insulating Oil Market Challenges
9.4 Insulating Oil Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research