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Global Insulating Oil Market Size, Manufacturers, Opportunities and Forecast to 2030

April 2024 | 115 pages | ID: G30455C7E44FEN
APO Research

US$ 3,450.00

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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 was estimated at US$ million in 2023 and is projected to reach a revised size of US$ million by 2030, witnessing a CAGR of xx% 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%.

Report Scope

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.

The Insulating Oil market size, estimations, and forecasts are provided in terms of sales volume (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.

Key Companies & Market Share Insights

In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, price, and sales by manufacturers for the period 2019-2024. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses. Some of the prominent players reviewed in the research report include:
  • 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
Key Drivers & Barriers

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

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 study scope of this report, executive summary of market segments by type, market size segments for North America, Europe, Asia Pacific, Latin America, Middle East & Africa.

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: Detailed analysis of Insulating Oil manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.

Chapter 4: Sales, revenue of Insulating Oil in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.

Chapter 5: Introduces market segments by application, market size segment for North America, Europe, Asia Pacific, Latin America, Middle East & Africa.

Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 7, 8, 9, 10 and 11: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, sales and revenue by country.

Chapter 12: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics.

Chapter 13: Concluding Insights of the report.
1 MARKET OVERVIEW

1.1 Product Definition
1.2 Global Market Growth Prospects
  1.2.1 Global Insulating Oil Market Size Estimates and Forecasts (2019-2030)
  1.2.2 Global Insulating Oil Sales Estimates and Forecasts (2019-2030)
1.3 Insulating Oil Market by Type
  1.3.1 Mineral Oil-based Insulating Oil
  1.3.2 Silicone-based Insulating Oil
  1.3.3 Synthetic Oil-based Insulating Oil
1.4 Global Insulating Oil Market Size by Type
  1.4.1 Global Insulating Oil Market Size Overview by Type (2019-2030)
  1.4.2 Global Insulating Oil Historic Market Size Review by Type (2019-2024)
  1.4.3 Global Insulating Oil Forecasted Market Size by Type (2025-2030)
1.5 Key Regions Market Size by Type
  1.5.1 North America Insulating Oil Sales Breakdown by Type (2019-2024)
  1.5.2 Europe Insulating Oil Sales Breakdown by Type (2019-2024)
  1.5.3 Asia-Pacific Insulating Oil Sales Breakdown by Type (2019-2024)
  1.5.4 Latin America Insulating Oil Sales Breakdown by Type (2019-2024)
  1.5.5 Middle East and Africa Insulating Oil Sales Breakdown by Type (2019-2024)

2 GLOBAL 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 MARKET COMPETITIVE LANDSCAPE BY COMPANY

3.1 Global Top Players by Insulating Oil Revenue (2019-2024)
3.2 Global Top Players by Insulating Oil Sales (2019-2024)
3.3 Global Top Players by Insulating Oil Price (2019-2024)
3.4 Global Insulating Oil Industry Company Ranking, 2022 VS 2023 VS 2024
3.5 Global Insulating Oil Key Company Manufacturing Sites & Headquarters
3.6 Global Insulating Oil Company, Product Type & Application
3.7 Global Insulating Oil Company Commercialization Time
3.8 Market Competitive Analysis
  3.8.1 Global Insulating Oil Market CR5 and HHI
  3.8.2 Global Top 5 and 10 Insulating Oil Players Market Share by Revenue in 2023
  3.8.3 2023 Insulating Oil Tier 1, Tier 2, and Tier

4 INSULATING OIL REGIONAL STATUS AND OUTLOOK

4.1 Global Insulating Oil Market Size and CAGR by Region: 2019 VS 2023 VS 2030
4.2 Global Insulating Oil Historic Market Size by Region
  4.2.1 Global Insulating Oil Sales in Volume by Region (2019-2024)
  4.2.2 Global Insulating Oil Sales in Value by Region (2019-2024)
  4.2.3 Global Insulating Oil Sales (Volume & Value), Price and Gross Margin (2019-2024)
4.3 Global Insulating Oil Forecasted Market Size by Region
  4.3.1 Global Insulating Oil Sales in Volume by Region (2025-2030)
  4.3.2 Global Insulating Oil Sales in Value by Region (2025-2030)
  4.3.3 Global Insulating Oil Sales (Volume & Value), Price and Gross Margin (2025-2030)

5 INSULATING OIL BY APPLICATION

5.1 Insulating Oil Market by Application
  5.1.1 Ordinary Transformer
  5.1.2 EHV Transformer
5.2 Global Insulating Oil Market Size by Application
  5.2.1 Global Insulating Oil Market Size Overview by Application (2019-2030)
  5.2.2 Global Insulating Oil Historic Market Size Review by Application (2019-2024)
  5.2.3 Global Insulating Oil Forecasted Market Size by Application (2025-2030)
5.3 Key Regions Market Size by Application
  5.3.1 North America Insulating Oil Sales Breakdown by Application (2019-2024)
  5.3.2 Europe Insulating Oil Sales Breakdown by Application (2019-2024)
  5.3.3 Asia-Pacific Insulating Oil Sales Breakdown by Application (2019-2024)
  5.3.4 Latin America Insulating Oil Sales Breakdown by Application (2019-2024)
  5.3.5 Middle East and Africa Insulating Oil Sales Breakdown by Application (2019-2024)

6 COMPANY PROFILES

6.1 Nynas
  6.1.1 Nynas Comapny Information
  6.1.2 Nynas Business Overview
  6.1.3 Nynas Insulating Oil Sales, Revenue and Gross Margin (2019-2024)
  6.1.4 Nynas Insulating Oil Product Portfolio
  6.1.5 Nynas Recent Developments
6.2 Petrochina
  6.2.1 Petrochina Comapny Information
  6.2.2 Petrochina Business Overview
  6.2.3 Petrochina Insulating Oil Sales, Revenue and Gross Margin (2019-2024)
  6.2.4 Petrochina Insulating Oil Product Portfolio
  6.2.5 Petrochina Recent Developments
6.3 Ergon
  6.3.1 Ergon Comapny Information
  6.3.2 Ergon Business Overview
  6.3.3 Ergon Insulating Oil Sales, Revenue and Gross Margin (2019-2024)
  6.3.4 Ergon Insulating Oil Product Portfolio
  6.3.5 Ergon Recent Developments
6.4 Apar Industry
  6.4.1 Apar Industry Comapny Information
  6.4.2 Apar Industry Business Overview
  6.4.3 Apar Industry Insulating Oil Sales, Revenue and Gross Margin (2019-2024)
  6.4.4 Apar Industry Insulating Oil Product Portfolio
  6.4.5 Apar Industry Recent Developments
6.5 CNOOC
  6.5.1 CNOOC Comapny Information
  6.5.2 CNOOC Business Overview
  6.5.3 CNOOC Insulating Oil Sales, Revenue and Gross Margin (2019-2024)
  6.5.4 CNOOC Insulating Oil Product Portfolio
  6.5.5 CNOOC Recent Developments
6.6 Shell
  6.6.1 Shell Comapny Information
  6.6.2 Shell Business Overview
  6.6.3 Shell Insulating Oil Sales, Revenue and Gross Margin (2019-2024)
  6.6.4 Shell Insulating Oil Product Portfolio
  6.6.5 Shell Recent Developments
6.7 Sinopec
  6.7.1 Sinopec Comapny Information
  6.7.2 Sinopec Business Overview
  6.7.3 Sinopec Insulating Oil Sales, Revenue and Gross Margin (2019-2024)
  6.7.4 Sinopec Insulating Oil Product Portfolio
  6.7.5 Sinopec Recent Developments
6.8 Savita Oil
  6.8.1 Savita Oil Comapny Information
  6.8.2 Savita Oil Business Overview
  6.8.3 Savita Oil Insulating Oil Sales, Revenue and Gross Margin (2019-2024)
  6.8.4 Savita Oil Insulating Oil Product Portfolio
  6.8.5 Savita Oil Recent Developments
6.9 Calumet
  6.9.1 Calumet Comapny Information
  6.9.2 Calumet Business Overview
  6.9.3 Calumet Insulating Oil Sales, Revenue and Gross Margin (2019-2024)
  6.9.4 Calumet Insulating Oil Product Portfolio
  6.9.5 Calumet Recent Developments
6.10 Engen Petroleum
  6.10.1 Engen Petroleum Comapny Information
  6.10.2 Engen Petroleum Business Overview
  6.10.3 Engen Petroleum Insulating Oil Sales, Revenue and Gross Margin (2019-2024)
  6.10.4 Engen Petroleum Insulating Oil Product Portfolio
  6.10.5 Engen Petroleum Recent Developments
6.11 Valvoline
  6.11.1 Valvoline Comapny Information
  6.11.2 Valvoline Business Overview
  6.11.3 Valvoline Insulating Oil Sales, Revenue and Gross Margin (2019-2024)
  6.11.4 Valvoline Insulating Oil Product Portfolio
  6.11.5 Valvoline Recent Developments
6.12 Jiangsu Gaoke
  6.12.1 Jiangsu Gaoke Comapny Information
  6.12.2 Jiangsu Gaoke Business Overview
  6.12.3 Jiangsu Gaoke Insulating Oil Sales, Revenue and Gross Margin (2019-2024)
  6.12.4 Jiangsu Gaoke Insulating Oil Product Portfolio
  6.12.5 Jiangsu Gaoke Recent Developments
6.13 Raj Petro Specialties
  6.13.1 Raj Petro Specialties Comapny Information
  6.13.2 Raj Petro Specialties Business Overview
  6.13.3 Raj Petro Specialties Insulating Oil Sales, Revenue and Gross Margin (2019-2024)
  6.13.4 Raj Petro Specialties Insulating Oil Product Portfolio
  6.13.5 Raj Petro Specialties Recent Developments
6.14 Jiangsu Shuangjiang
  6.14.1 Jiangsu Shuangjiang Comapny Information
  6.14.2 Jiangsu Shuangjiang Business Overview
  6.14.3 Jiangsu Shuangjiang Insulating Oil Sales, Revenue and Gross Margin (2019-2024)
  6.14.4 Jiangsu Shuangjiang Insulating Oil Product Portfolio
  6.14.5 Jiangsu Shuangjiang Recent Developments
6.15 Hydrodec
  6.15.1 Hydrodec Comapny Information
  6.15.2 Hydrodec Business Overview
  6.15.3 Hydrodec Insulating Oil Sales, Revenue and Gross Margin (2019-2024)
  6.15.4 Hydrodec Insulating Oil Product Portfolio
  6.15.5 Hydrodec Recent Developments
6.16 Cargill
  6.16.1 Cargill Comapny Information
  6.16.2 Cargill Business Overview
  6.16.3 Cargill Insulating Oil Sales, Revenue and Gross Margin (2019-2024)
  6.16.4 Cargill Insulating Oil Product Portfolio
  6.16.5 Cargill Recent Developments
6.17 Dow Corning
  6.17.1 Dow Corning Comapny Information
  6.17.2 Dow Corning Business Overview
  6.17.3 Dow Corning Insulating Oil Sales, Revenue and Gross Margin (2019-2024)
  6.17.4 Dow Corning Insulating Oil Product Portfolio
  6.17.5 Dow Corning Recent Developments

7 NORTH AMERICA BY COUNTRY

7.1 North America Insulating Oil Sales by Country
  7.1.1 North America Insulating Oil Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  7.1.2 North America Insulating Oil Sales by Country (2019-2024)
  7.1.3 North America Insulating Oil Sales Forecast by Country (2025-2030)
7.2 North America Insulating Oil Market Size by Country
  7.2.1 North America Insulating Oil Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  7.2.2 North America Insulating Oil Market Size by Country (2019-2024)
  7.2.3 North America Insulating Oil Market Size Forecast by Country (2025-2030)

8 EUROPE BY COUNTRY

8.1 Europe Insulating Oil Sales by Country
  8.1.1 Europe Insulating Oil Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  8.1.2 Europe Insulating Oil Sales by Country (2019-2024)
  8.1.3 Europe Insulating Oil Sales Forecast by Country (2025-2030)
8.2 Europe Insulating Oil Market Size by Country
  8.2.1 Europe Insulating Oil Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  8.2.2 Europe Insulating Oil Market Size by Country (2019-2024)
  8.2.3 Europe Insulating Oil Market Size Forecast by Country (2025-2030)

9 ASIA-PACIFIC BY COUNTRY

9.1 Asia-Pacific Insulating Oil Sales by Country
  9.1.1 Asia-Pacific Insulating Oil Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  9.1.2 Asia-Pacific Insulating Oil Sales by Country (2019-2024)
  9.1.3 Asia-Pacific Insulating Oil Sales Forecast by Country (2025-2030)
9.2 Asia-Pacific Insulating Oil Market Size by Country
  9.2.1 Asia-Pacific Insulating Oil Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  9.2.2 Asia-Pacific Insulating Oil Market Size by Country (2019-2024)
  9.2.3 Asia-Pacific Insulating Oil Market Size Forecast by Country (2025-2030)

10 LATIN AMERICA BY COUNTRY

10.1 Latin America Insulating Oil Sales by Country
  10.1.1 Latin America Insulating Oil Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  10.1.2 Latin America Insulating Oil Sales by Country (2019-2024)
  10.1.3 Latin America Insulating Oil Sales Forecast by Country (2025-2030)
10.2 Latin America Insulating Oil Market Size by Country
  10.2.1 Latin America Insulating Oil Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  10.2.2 Latin America Insulating Oil Market Size by Country (2019-2024)
  10.2.3 Latin America Insulating Oil Market Size Forecast by Country (2025-2030)

11 MIDDLE EAST AND AFRICA BY COUNTRY

11.1 Middle East and Africa Insulating Oil Sales by Country
  11.1.1 Middle East and Africa Insulating Oil Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  11.1.2 Middle East and Africa Insulating Oil Sales by Country (2019-2024)
  11.1.3 Middle East and Africa Insulating Oil Sales Forecast by Country (2025-2030)
11.2 Middle East and Africa Insulating Oil Market Size by Country
  11.2.1 Middle East and Africa Insulating Oil Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  11.2.2 Middle East and Africa Insulating Oil Market Size by Country (2019-2024)
  11.2.3 Middle East and Africa Insulating Oil Market Size Forecast by Country (2025-2030)

12 VALUE CHAIN AND SALES CHANNELS ANALYSIS

12.1 Insulating Oil Value Chain Analysis
  12.1.1 Insulating Oil Key Raw Materials
  12.1.2 Key Raw Materials Price
  12.1.3 Raw Materials Key Suppliers
  12.1.4 Manufacturing Cost Structure
  12.1.5 Insulating Oil Production Mode & Process
12.2 Insulating Oil Sales Channels Analysis
  12.2.1 Direct Comparison with Distribution Share
  12.2.2 Insulating Oil Distributors
  12.2.3 Insulating Oil Customers

13 CONCLUDING INSIGHTS

14 APPENDIX

14.1 Reasons for Doing This Study
14.2 Research Methodology
14.3 Research Process
14.4 Authors List of This Report
14.5 Data Source
  14.5.1 Secondary Sources
  14.5.2 Primary Sources
14.6 Disclaimer


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