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Insulating Oil- Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031
Published Date: August 2025
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Report Code: QYRE-Auto-34R8906
Home | Market Reports | Business & Industrial| Energy & Utilities
Global Insulating Oil Market Insights and Forecast to 2028
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Insulating Oil- Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031

Code: QYRE-Auto-34R8906
Report
August 2025
Pages:141
QYResearch
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DESCRIPTION
TABLE OF CONTENT
TABLES & FIGURES
FEATURED COMPANIES
Nynas
PetroChina
Ergon
Apar Industry
CNOOC Limited
Shell
Sinopec Limited
Savita Oil
Calumet
Engen Petroleum
Valvoline
Jiangsu Gaoke
Raj Petro Specialties
Jiangsu Shuangjiang
Hydrodec
Cargill Inc
Dow Corning

Insulating Oil- Market Size

The global market for Insulating Oil was estimated to be worth US$ 2901 million in 2024 and is forecast to a readjusted size of US$ 3463 million by 2031 with a CAGR of 2.6% during the forecast period 2025-2031.

Insulating Oil- Market

Insulating Oil- Market

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.
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, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Insulating Oil by region & country, by Type, and by Application.
The Insulating Oil market size, estimations, and forecasts are provided in terms of sales volume (K MT) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. 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.
Market Segmentation

Scope of Insulating Oil- Market Report

Report Metric Details
Report Name Insulating Oil- Market
Forecasted market size in 2031 US$ 3463 million
CAGR 2.6%
Forecasted years 2025 - 2031
Segment by Type
  • Mineral Oil-based Insulating Oil
  • Silicone-based Insulating Oil
  • Synthetic Oil-based Insulating Oil
Segment by Application
  • Ordinary Transformer
  • EHV Transformer
By Region
  • North America (United States, Canada)
  • Europe (Germany, France, UK, Italy, Russia) Rest of Europe
  • Nordic Countries
  • Asia-Pacific (China, Japan, South Korea)
  • Southeast Asia (India, Australia)
  • Rest of Asia
  • Latin America (Mexico, Brazil)
  • Rest of Latin America
  • Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of MEA)
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
Forecast units USD million in value
Report coverage Revenue and volume forecast, company share, competitive landscape, growth factors and trends

Chapter Outline

  • Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides 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 2: Detailed analysis of Insulating Oil manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
  • Chapter 3: 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 4: 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 5: 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 market development, future development prospects, market space, and market size of each country in the world.
  • Chapter 6: Sales, revenue of Insulating Oil in country level. It provides sigmate data by Type, and by Application for each country/region.
  • Chapter 7: 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 8: Analysis of industrial chain, including the upstream and downstream of the industry.
  • Chapter 9: Conclusion.

FAQ for this report

What is the Insulating Oil- Market size in 2031?

Ans: The Insulating Oil- Market size in 2031 will be US$ 3463 million.

What is the market share of major companies in Insulating Oil- Market?

Ans: Global top four manufacturers hold a share over 45%.

What is the Insulating Oil- Market share by region?

Ans: China is the largest market, with a share nearly 30%.

Who are the main players in the Insulating Oil- Market report?

Ans: The main players in the Insulating Oil- Market are 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

What are the Application segmentation covered in the Insulating Oil- Market report?

Ans: The Applications covered in the Insulating Oil- Market report are Ordinary Transformer, EHV Transformer

What are the Type segmentation covered in the Insulating Oil- Market report?

Ans: The Types covered in the Insulating Oil- Market report are Mineral Oil-based Insulating Oil, Silicone-based Insulating Oil, Synthetic Oil-based Insulating Oil

1 Market Overview
1.1 Insulating Oil Product Introduction
1.2 Global Insulating Oil Market Size Forecast
1.2.1 Global Insulating Oil Sales Value (2020-2031)
1.2.2 Global Insulating Oil Sales Volume (2020-2031)
1.2.3 Global Insulating Oil Sales Price (2020-2031)
1.3 Insulating Oil Market Trends & Drivers
1.3.1 Insulating Oil Industry Trends
1.3.2 Insulating Oil Market Drivers & Opportunity
1.3.3 Insulating Oil Market Challenges
1.3.4 Insulating Oil Market Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global Insulating Oil Players Revenue Ranking (2024)
2.2 Global Insulating Oil Revenue by Company (2020-2025)
2.3 Global Insulating Oil Players Sales Volume Ranking (2024)
2.4 Global Insulating Oil Sales Volume by Company Players (2020-2025)
2.5 Global Insulating Oil Average Price by Company (2020-2025)
2.6 Key Manufacturers Insulating Oil Manufacturing Base and Headquarters
2.7 Key Manufacturers Insulating Oil Product Offered
2.8 Key Manufacturers Time to Begin Mass Production of Insulating Oil
2.9 Insulating Oil Market Competitive Analysis
2.9.1 Insulating Oil Market Concentration Rate (2020-2025)
2.9.2 Global 5 and 10 Largest Manufacturers by Insulating Oil Revenue in 2024
2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Insulating Oil as of 2024)
2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
3.1 Introduction by Type
3.1.1 Mineral Oil-based Insulating Oil
3.1.2 Silicone-based Insulating Oil
3.1.3 Synthetic Oil-based Insulating Oil
3.2 Global Insulating Oil Sales Value by Type
3.2.1 Global Insulating Oil Sales Value by Type (2020 VS 2024 VS 2031)
3.2.2 Global Insulating Oil Sales Value, by Type (2020-2031)
3.2.3 Global Insulating Oil Sales Value, by Type (%) (2020-2031)
3.3 Global Insulating Oil Sales Volume by Type
3.3.1 Global Insulating Oil Sales Volume by Type (2020 VS 2024 VS 2031)
3.3.2 Global Insulating Oil Sales Volume, by Type (2020-2031)
3.3.3 Global Insulating Oil Sales Volume, by Type (%) (2020-2031)
3.4 Global Insulating Oil Average Price by Type (2020-2031)
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Ordinary Transformer
4.1.2 EHV Transformer
4.2 Global Insulating Oil Sales Value by Application
4.2.1 Global Insulating Oil Sales Value by Application (2020 VS 2024 VS 2031)
4.2.2 Global Insulating Oil Sales Value, by Application (2020-2031)
4.2.3 Global Insulating Oil Sales Value, by Application (%) (2020-2031)
4.3 Global Insulating Oil Sales Volume by Application
4.3.1 Global Insulating Oil Sales Volume by Application (2020 VS 2024 VS 2031)
4.3.2 Global Insulating Oil Sales Volume, by Application (2020-2031)
4.3.3 Global Insulating Oil Sales Volume, by Application (%) (2020-2031)
4.4 Global Insulating Oil Average Price by Application (2020-2031)
5 Segmentation by Region
5.1 Global Insulating Oil Sales Value by Region
5.1.1 Global Insulating Oil Sales Value by Region: 2020 VS 2024 VS 2031
5.1.2 Global Insulating Oil Sales Value by Region (2020-2025)
5.1.3 Global Insulating Oil Sales Value by Region (2026-2031)
5.1.4 Global Insulating Oil Sales Value by Region (%), (2020-2031)
5.2 Global Insulating Oil Sales Volume by Region
5.2.1 Global Insulating Oil Sales Volume by Region: 2020 VS 2024 VS 2031
5.2.2 Global Insulating Oil Sales Volume by Region (2020-2025)
5.2.3 Global Insulating Oil Sales Volume by Region (2026-2031)
5.2.4 Global Insulating Oil Sales Volume by Region (%), (2020-2031)
5.3 Global Insulating Oil Average Price by Region (2020-2031)
5.4 North America
5.4.1 North America Insulating Oil Sales Value, 2020-2031
5.4.2 North America Insulating Oil Sales Value by Country (%), 2024 VS 2031
5.5 Europe
5.5.1 Europe Insulating Oil Sales Value, 2020-2031
5.5.2 Europe Insulating Oil Sales Value by Country (%), 2024 VS 2031
5.6 Asia Pacific
5.6.1 Asia Pacific Insulating Oil Sales Value, 2020-2031
5.6.2 Asia Pacific Insulating Oil Sales Value by Region (%), 2024 VS 2031
5.7 South America
5.7.1 South America Insulating Oil Sales Value, 2020-2031
5.7.2 South America Insulating Oil Sales Value by Country (%), 2024 VS 2031
5.8 Middle East & Africa
5.8.1 Middle East & Africa Insulating Oil Sales Value, 2020-2031
5.8.2 Middle East & Africa Insulating Oil Sales Value by Country (%), 2024 VS 2031
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions Insulating Oil Sales Value Growth Trends, 2020 VS 2024 VS 2031
6.2 Key Countries/Regions Insulating Oil Sales Value
6.2.1 Key Countries/Regions Insulating Oil Sales Value, 2020-2031
6.2.2 Key Countries/Regions Insulating Oil Sales Volume, 2020-2031
6.3 United States
6.3.1 United States Insulating Oil Sales Value, 2020-2031
6.3.2 United States Insulating Oil Sales Value by Type (%), 2024 VS 2031
6.3.3 United States Insulating Oil Sales Value by Application, 2024 VS 2031
6.4 Europe
6.4.1 Europe Insulating Oil Sales Value, 2020-2031
6.4.2 Europe Insulating Oil Sales Value by Type (%), 2024 VS 2031
6.4.3 Europe Insulating Oil Sales Value by Application, 2024 VS 2031
6.5 China
6.5.1 China Insulating Oil Sales Value, 2020-2031
6.5.2 China Insulating Oil Sales Value by Type (%), 2024 VS 2031
6.5.3 China Insulating Oil Sales Value by Application, 2024 VS 2031
6.6 Japan
6.6.1 Japan Insulating Oil Sales Value, 2020-2031
6.6.2 Japan Insulating Oil Sales Value by Type (%), 2024 VS 2031
6.6.3 Japan Insulating Oil Sales Value by Application, 2024 VS 2031
6.7 South Korea
6.7.1 South Korea Insulating Oil Sales Value, 2020-2031
6.7.2 South Korea Insulating Oil Sales Value by Type (%), 2024 VS 2031
6.7.3 South Korea Insulating Oil Sales Value by Application, 2024 VS 2031
6.8 Southeast Asia
6.8.1 Southeast Asia Insulating Oil Sales Value, 2020-2031
6.8.2 Southeast Asia Insulating Oil Sales Value by Type (%), 2024 VS 2031
6.8.3 Southeast Asia Insulating Oil Sales Value by Application, 2024 VS 2031
6.9 India
6.9.1 India Insulating Oil Sales Value, 2020-2031
6.9.2 India Insulating Oil Sales Value by Type (%), 2024 VS 2031
6.9.3 India Insulating Oil Sales Value by Application, 2024 VS 2031
7 Company Profiles
7.1 Nynas
7.1.1 Nynas Company Information
7.1.2 Nynas Introduction and Business Overview
7.1.3 Nynas Insulating Oil Sales, Revenue, Price and Gross Margin (2020-2025)
7.1.4 Nynas Insulating Oil Product Offerings
7.1.5 Nynas Recent Development
7.2 Petrochina
7.2.1 Petrochina Company Information
7.2.2 Petrochina Introduction and Business Overview
7.2.3 Petrochina Insulating Oil Sales, Revenue, Price and Gross Margin (2020-2025)
7.2.4 Petrochina Insulating Oil Product Offerings
7.2.5 Petrochina Recent Development
7.3 Ergon
7.3.1 Ergon Company Information
7.3.2 Ergon Introduction and Business Overview
7.3.3 Ergon Insulating Oil Sales, Revenue, Price and Gross Margin (2020-2025)
7.3.4 Ergon Insulating Oil Product Offerings
7.3.5 Ergon Recent Development
7.4 Apar Industry
7.4.1 Apar Industry Company Information
7.4.2 Apar Industry Introduction and Business Overview
7.4.3 Apar Industry Insulating Oil Sales, Revenue, Price and Gross Margin (2020-2025)
7.4.4 Apar Industry Insulating Oil Product Offerings
7.4.5 Apar Industry Recent Development
7.5 CNOOC
7.5.1 CNOOC Company Information
7.5.2 CNOOC Introduction and Business Overview
7.5.3 CNOOC Insulating Oil Sales, Revenue, Price and Gross Margin (2020-2025)
7.5.4 CNOOC Insulating Oil Product Offerings
7.5.5 CNOOC Recent Development
7.6 Shell
7.6.1 Shell Company Information
7.6.2 Shell Introduction and Business Overview
7.6.3 Shell Insulating Oil Sales, Revenue, Price and Gross Margin (2020-2025)
7.6.4 Shell Insulating Oil Product Offerings
7.6.5 Shell Recent Development
7.7 Sinopec
7.7.1 Sinopec Company Information
7.7.2 Sinopec Introduction and Business Overview
7.7.3 Sinopec Insulating Oil Sales, Revenue, Price and Gross Margin (2020-2025)
7.7.4 Sinopec Insulating Oil Product Offerings
7.7.5 Sinopec Recent Development
7.8 Savita Oil
7.8.1 Savita Oil Company Information
7.8.2 Savita Oil Introduction and Business Overview
7.8.3 Savita Oil Insulating Oil Sales, Revenue, Price and Gross Margin (2020-2025)
7.8.4 Savita Oil Insulating Oil Product Offerings
7.8.5 Savita Oil Recent Development
7.9 Calumet
7.9.1 Calumet Company Information
7.9.2 Calumet Introduction and Business Overview
7.9.3 Calumet Insulating Oil Sales, Revenue, Price and Gross Margin (2020-2025)
7.9.4 Calumet Insulating Oil Product Offerings
7.9.5 Calumet Recent Development
7.10 Engen Petroleum
7.10.1 Engen Petroleum Company Information
7.10.2 Engen Petroleum Introduction and Business Overview
7.10.3 Engen Petroleum Insulating Oil Sales, Revenue, Price and Gross Margin (2020-2025)
7.10.4 Engen Petroleum Insulating Oil Product Offerings
7.10.5 Engen Petroleum Recent Development
7.11 Valvoline
7.11.1 Valvoline Company Information
7.11.2 Valvoline Introduction and Business Overview
7.11.3 Valvoline Insulating Oil Sales, Revenue, Price and Gross Margin (2020-2025)
7.11.4 Valvoline Insulating Oil Product Offerings
7.11.5 Valvoline Recent Development
7.12 Jiangsu Gaoke
7.12.1 Jiangsu Gaoke Company Information
7.12.2 Jiangsu Gaoke Introduction and Business Overview
7.12.3 Jiangsu Gaoke Insulating Oil Sales, Revenue, Price and Gross Margin (2020-2025)
7.12.4 Jiangsu Gaoke Insulating Oil Product Offerings
7.12.5 Jiangsu Gaoke Recent Development
7.13 Raj Petro Specialties
7.13.1 Raj Petro Specialties Company Information
7.13.2 Raj Petro Specialties Introduction and Business Overview
7.13.3 Raj Petro Specialties Insulating Oil Sales, Revenue, Price and Gross Margin (2020-2025)
7.13.4 Raj Petro Specialties Insulating Oil Product Offerings
7.13.5 Raj Petro Specialties Recent Development
7.14 Jiangsu Shuangjiang
7.14.1 Jiangsu Shuangjiang Company Information
7.14.2 Jiangsu Shuangjiang Introduction and Business Overview
7.14.3 Jiangsu Shuangjiang Insulating Oil Sales, Revenue, Price and Gross Margin (2020-2025)
7.14.4 Jiangsu Shuangjiang Insulating Oil Product Offerings
7.14.5 Jiangsu Shuangjiang Recent Development
7.15 Hydrodec
7.15.1 Hydrodec Company Information
7.15.2 Hydrodec Introduction and Business Overview
7.15.3 Hydrodec Insulating Oil Sales, Revenue, Price and Gross Margin (2020-2025)
7.15.4 Hydrodec Insulating Oil Product Offerings
7.15.5 Hydrodec Recent Development
7.16 Cargill
7.16.1 Cargill Company Information
7.16.2 Cargill Introduction and Business Overview
7.16.3 Cargill Insulating Oil Sales, Revenue, Price and Gross Margin (2020-2025)
7.16.4 Cargill Insulating Oil Product Offerings
7.16.5 Cargill Recent Development
7.17 Dow Corning
7.17.1 Dow Corning Company Information
7.17.2 Dow Corning Introduction and Business Overview
7.17.3 Dow Corning Insulating Oil Sales, Revenue, Price and Gross Margin (2020-2025)
7.17.4 Dow Corning Insulating Oil Product Offerings
7.17.5 Dow Corning Recent Development
8 Industry Chain Analysis
8.1 Insulating Oil Industrial Chain
8.2 Insulating Oil Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customers Analysis)
8.5 Sales Model and Sales Channels
8.5.1 Insulating Oil Sales Model
8.5.2 Sales Channel
8.5.3 Insulating Oil Distributors
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.1.1 Research Programs/Design
10.1.1.2 Market Size Estimation
10.1.1.3 Market Breakdown and Data Triangulation
10.1.2 Data Source
10.1.2.1 Secondary Sources
10.1.2.2 Primary Sources
10.2 Author Details
10.3 Disclaimer
FEATURED COMPANIES
Nynas
PetroChina
Ergon
Apar Industry
CNOOC Limited
Shell
Sinopec Limited
Savita Oil
Calumet
Engen Petroleum
Valvoline
Jiangsu Gaoke
Raj Petro Specialties
Jiangsu Shuangjiang
Hydrodec
Cargill Inc
Dow Corning
List of Tables
 Table 1. Insulating Oil Market Trends
 Table 2. Insulating Oil Market Drivers & Opportunity
 Table 3. Insulating Oil Market Challenges
 Table 4. Insulating Oil Market Restraints
 Table 5. Global Insulating Oil Revenue by Company (2020-2025) & (US$ Million)
 Table 6. Global Insulating Oil Revenue Market Share by Company (2020-2025)
 Table 7. Global Insulating Oil Sales Volume by Company (2020-2025) & (K MT)
 Table 8. Global Insulating Oil Sales Volume Market Share by Company (2020-2025)
 Table 9. Global Market Insulating Oil Price by Company (2020-2025) & (USD/MT)
 Table 10. Key Manufacturers Insulating Oil Manufacturing Base and Headquarters
 Table 11. Key Manufacturers Insulating Oil Product Type
 Table 12. Key Manufacturers Time to Begin Mass Production of Insulating Oil
 Table 13. Global Insulating Oil Manufacturers Market Concentration Ratio (CR5 and HHI)
 Table 14. Global Top Manufacturers Market Share by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Insulating Oil as of 2024)
 Table 15. Mergers & Acquisitions, Expansion Plans
 Table 16. Global Insulating Oil Sales Value by Type: 2020 VS 2024 VS 2031 (US$ Million)
 Table 17. Global Insulating Oil Sales Value by Type (2020-2025) & (US$ Million)
 Table 18. Global Insulating Oil Sales Value by Type (2026-2031) & (US$ Million)
 Table 19. Global Insulating Oil Sales Market Share in Value by Type (2020-2025)
 Table 20. Global Insulating Oil Sales Market Share in Value by Type (2026-2031)
 Table 21. Global Insulating Oil Sales Volume by Type: 2020 VS 2024 VS 2031 (K MT)
 Table 22. Global Insulating Oil Sales Volume by Type (2020-2025) & (K MT)
 Table 23. Global Insulating Oil Sales Volume by Type (2026-2031) & (K MT)
 Table 24. Global Insulating Oil Sales Market Share in Volume by Type (2020-2025)
 Table 25. Global Insulating Oil Sales Market Share in Volume by Type (2026-2031)
 Table 26. Global Insulating Oil Price by Type (2020-2025) & (USD/MT)
 Table 27. Global Insulating Oil Price by Type (2026-2031) & (USD/MT)
 Table 28. Global Insulating Oil Sales Value by Application: 2020 VS 2024 VS 2031 (US$ Million)
 Table 29. Global Insulating Oil Sales Value by Application (2020-2025) & (US$ Million)
 Table 30. Global Insulating Oil Sales Value by Application (2026-2031) & (US$ Million)
 Table 31. Global Insulating Oil Sales Market Share in Value by Application (2020-2025)
 Table 32. Global Insulating Oil Sales Market Share in Value by Application (2026-2031)
 Table 33. Global Insulating Oil Sales Volume by Application: 2020 VS 2024 VS 2031 (K MT)
 Table 34. Global Insulating Oil Sales Volume by Application (2020-2025) & (K MT)
 Table 35. Global Insulating Oil Sales Volume by Application (2026-2031) & (K MT)
 Table 36. Global Insulating Oil Sales Market Share in Volume by Application (2020-2025)
 Table 37. Global Insulating Oil Sales Market Share in Volume by Application (2026-2031)
 Table 38. Global Insulating Oil Price by Application (2020-2025) & (USD/MT)
 Table 39. Global Insulating Oil Price by Application (2026-2031) & (USD/MT)
 Table 40. Global Insulating Oil Sales Value by Region, (2020 VS 2024 VS 2031) & (US$ Million)
 Table 41. Global Insulating Oil Sales Value by Region (2020-2025) & (US$ Million)
 Table 42. Global Insulating Oil Sales Value by Region (2026-2031) & (US$ Million)
 Table 43. Global Insulating Oil Sales Value by Region (2020-2025) & (%)
 Table 44. Global Insulating Oil Sales Value by Region (2026-2031) & (%)
 Table 45. Global Insulating Oil Sales Volume by Region (K MT): 2020 VS 2024 VS 2031
 Table 46. Global Insulating Oil Sales Volume by Region (2020-2025) & (K MT)
 Table 47. Global Insulating Oil Sales Volume by Region (2026-2031) & (K MT)
 Table 48. Global Insulating Oil Sales Volume by Region (2020-2025) & (%)
 Table 49. Global Insulating Oil Sales Volume by Region (2026-2031) & (%)
 Table 50. Global Insulating Oil Average Price by Region (2020-2025) & (USD/MT)
 Table 51. Global Insulating Oil Average Price by Region (2026-2031) & (USD/MT)
 Table 52. Key Countries/Regions Insulating Oil Sales Value Growth Trends, (US$ Million): 2020 VS 2024 VS 2031
 Table 53. Key Countries/Regions Insulating Oil Sales Value, (2020-2025) & (US$ Million)
 Table 54. Key Countries/Regions Insulating Oil Sales Value, (2026-2031) & (US$ Million)
 Table 55. Key Countries/Regions Insulating Oil Sales Volume, (2020-2025) & (K MT)
 Table 56. Key Countries/Regions Insulating Oil Sales Volume, (2026-2031) & (K MT)
 Table 57. Nynas Company Information
 Table 58. Nynas Introduction and Business Overview
 Table 59. Nynas Insulating Oil Sales (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
 Table 60. Nynas Insulating Oil Product Offerings
 Table 61. Nynas Recent Development
 Table 62. Petrochina Company Information
 Table 63. Petrochina Introduction and Business Overview
 Table 64. Petrochina Insulating Oil Sales (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
 Table 65. Petrochina Insulating Oil Product Offerings
 Table 66. Petrochina Recent Development
 Table 67. Ergon Company Information
 Table 68. Ergon Introduction and Business Overview
 Table 69. Ergon Insulating Oil Sales (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
 Table 70. Ergon Insulating Oil Product Offerings
 Table 71. Ergon Recent Development
 Table 72. Apar Industry Company Information
 Table 73. Apar Industry Introduction and Business Overview
 Table 74. Apar Industry Insulating Oil Sales (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
 Table 75. Apar Industry Insulating Oil Product Offerings
 Table 76. Apar Industry Recent Development
 Table 77. CNOOC Company Information
 Table 78. CNOOC Introduction and Business Overview
 Table 79. CNOOC Insulating Oil Sales (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
 Table 80. CNOOC Insulating Oil Product Offerings
 Table 81. CNOOC Recent Development
 Table 82. Shell Company Information
 Table 83. Shell Introduction and Business Overview
 Table 84. Shell Insulating Oil Sales (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
 Table 85. Shell Insulating Oil Product Offerings
 Table 86. Shell Recent Development
 Table 87. Sinopec Company Information
 Table 88. Sinopec Introduction and Business Overview
 Table 89. Sinopec Insulating Oil Sales (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
 Table 90. Sinopec Insulating Oil Product Offerings
 Table 91. Sinopec Recent Development
 Table 92. Savita Oil Company Information
 Table 93. Savita Oil Introduction and Business Overview
 Table 94. Savita Oil Insulating Oil Sales (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
 Table 95. Savita Oil Insulating Oil Product Offerings
 Table 96. Savita Oil Recent Development
 Table 97. Calumet Company Information
 Table 98. Calumet Introduction and Business Overview
 Table 99. Calumet Insulating Oil Sales (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
 Table 100. Calumet Insulating Oil Product Offerings
 Table 101. Calumet Recent Development
 Table 102. Engen Petroleum Company Information
 Table 103. Engen Petroleum Introduction and Business Overview
 Table 104. Engen Petroleum Insulating Oil Sales (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
 Table 105. Engen Petroleum Insulating Oil Product Offerings
 Table 106. Engen Petroleum Recent Development
 Table 107. Valvoline Company Information
 Table 108. Valvoline Introduction and Business Overview
 Table 109. Valvoline Insulating Oil Sales (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
 Table 110. Valvoline Insulating Oil Product Offerings
 Table 111. Valvoline Recent Development
 Table 112. Jiangsu Gaoke Company Information
 Table 113. Jiangsu Gaoke Introduction and Business Overview
 Table 114. Jiangsu Gaoke Insulating Oil Sales (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
 Table 115. Jiangsu Gaoke Insulating Oil Product Offerings
 Table 116. Jiangsu Gaoke Recent Development
 Table 117. Raj Petro Specialties Company Information
 Table 118. Raj Petro Specialties Introduction and Business Overview
 Table 119. Raj Petro Specialties Insulating Oil Sales (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
 Table 120. Raj Petro Specialties Insulating Oil Product Offerings
 Table 121. Raj Petro Specialties Recent Development
 Table 122. Jiangsu Shuangjiang Company Information
 Table 123. Jiangsu Shuangjiang Introduction and Business Overview
 Table 124. Jiangsu Shuangjiang Insulating Oil Sales (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
 Table 125. Jiangsu Shuangjiang Insulating Oil Product Offerings
 Table 126. Jiangsu Shuangjiang Recent Development
 Table 127. Hydrodec Company Information
 Table 128. Hydrodec Introduction and Business Overview
 Table 129. Hydrodec Insulating Oil Sales (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
 Table 130. Hydrodec Insulating Oil Product Offerings
 Table 131. Hydrodec Recent Development
 Table 132. Cargill Company Information
 Table 133. Cargill Introduction and Business Overview
 Table 134. Cargill Insulating Oil Sales (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
 Table 135. Cargill Insulating Oil Product Offerings
 Table 136. Cargill Recent Development
 Table 137. Dow Corning Company Information
 Table 138. Dow Corning Introduction and Business Overview
 Table 139. Dow Corning Insulating Oil Sales (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
 Table 140. Dow Corning Insulating Oil Product Offerings
 Table 141. Dow Corning Recent Development
 Table 142. Key Raw Materials Lists
 Table 143. Raw Materials Key Suppliers Lists
 Table 144. Insulating Oil Downstream Customers
 Table 145. Insulating Oil Distributors List
 Table 146. Research Programs/Design for This Report
 Table 147. Key Data Information from Secondary Sources
 Table 148. Key Data Information from Primary Sources


List of Figures
 Figure 1. Insulating Oil Product Picture
 Figure 2. Global Insulating Oil Sales Value, 2020 VS 2024 VS 2031 (US$ Million)
 Figure 3. Global Insulating Oil Sales Value (2020-2031) & (US$ Million)
 Figure 4. Global Insulating Oil Sales Volume (2020-2031) & (K MT)
 Figure 5. Global Insulating Oil Sales Price (2020-2031) & (USD/MT)
 Figure 6. Insulating Oil Report Years Considered
 Figure 7. Global Insulating Oil Players Revenue Ranking (2024) & (US$ Million)
 Figure 8. Global Insulating Oil Players Sales Volume Ranking (2024) & (K MT)
 Figure 9. The 5 and 10 Largest Manufacturers in the World: Market Share by Insulating Oil Revenue in 2024
 Figure 10. Insulating Oil Market Share by Company Type (Tier 1, Tier 2, and Tier 3): 2020 VS 2024
 Figure 11. Mineral Oil-based Insulating Oil Picture
 Figure 12. Silicone-based Insulating Oil Picture
 Figure 13. Synthetic Oil-based Insulating Oil Picture
 Figure 14. Global Insulating Oil Sales Value by Type (2020 VS 2024 VS 2031) & (US$ Million)
 Figure 15. Global Insulating Oil Sales Value Market Share by Type, 2024 & 2031
 Figure 16. Global Insulating Oil Sales Volume by Type (2020 VS 2024 VS 2031) & (K MT)
 Figure 17. Global Insulating Oil Sales Volume Market Share by Type, 2024 & 2031
 Figure 18. Global Insulating Oil Price by Type (2020-2031) & (USD/MT)
 Figure 19. Product Picture of Ordinary Transformer
 Figure 20. Product Picture of EHV Transformer
 Figure 21. Global Insulating Oil Sales Value by Application (2020 VS 2024 VS 2031) & (US$ Million)
 Figure 22. Global Insulating Oil Sales Value Market Share by Application, 2024 & 2031
 Figure 23. Global Insulating Oil Sales Volume by Application (2020 VS 2024 VS 2031) & (K MT)
 Figure 24. Global Insulating Oil Sales Volume Market Share by Application, 2024 & 2031
 Figure 25. Global Insulating Oil Price by Application (2020-2031) & (USD/MT)
 Figure 26. North America Insulating Oil Sales Value (2020-2031) & (US$ Million)
 Figure 27. North America Insulating Oil Sales Value by Country (%), 2024 VS 2031
 Figure 28. Europe Insulating Oil Sales Value, (2020-2031) & (US$ Million)
 Figure 29. Europe Insulating Oil Sales Value by Country (%), 2024 VS 2031
 Figure 30. Asia Pacific Insulating Oil Sales Value, (2020-2031) & (US$ Million)
 Figure 31. Asia Pacific Insulating Oil Sales Value by Region (%), 2024 VS 2031
 Figure 32. South America Insulating Oil Sales Value, (2020-2031) & (US$ Million)
 Figure 33. South America Insulating Oil Sales Value by Country (%), 2024 VS 2031
 Figure 34. Middle East & Africa Insulating Oil Sales Value, (2020-2031) & (US$ Million)
 Figure 35. Middle East & Africa Insulating Oil Sales Value by Country (%), 2024 VS 2031
 Figure 36. Key Countries/Regions Insulating Oil Sales Value (%), (2020-2031)
 Figure 37. Key Countries/Regions Insulating Oil Sales Volume (%), (2020-2031)
 Figure 38. United States Insulating Oil Sales Value, (2020-2031) & (US$ Million)
 Figure 39. United States Insulating Oil Sales Value by Type (%), 2024 VS 2031
 Figure 40. United States Insulating Oil Sales Value by Application (%), 2024 VS 2031
 Figure 41. Europe Insulating Oil Sales Value, (2020-2031) & (US$ Million)
 Figure 42. Europe Insulating Oil Sales Value by Type (%), 2024 VS 2031
 Figure 43. Europe Insulating Oil Sales Value by Application (%), 2024 VS 2031
 Figure 44. China Insulating Oil Sales Value, (2020-2031) & (US$ Million)
 Figure 45. China Insulating Oil Sales Value by Type (%), 2024 VS 2031
 Figure 46. China Insulating Oil Sales Value by Application (%), 2024 VS 2031
 Figure 47. Japan Insulating Oil Sales Value, (2020-2031) & (US$ Million)
 Figure 48. Japan Insulating Oil Sales Value by Type (%), 2024 VS 2031
 Figure 49. Japan Insulating Oil Sales Value by Application (%), 2024 VS 2031
 Figure 50. South Korea Insulating Oil Sales Value, (2020-2031) & (US$ Million)
 Figure 51. South Korea Insulating Oil Sales Value by Type (%), 2024 VS 2031
 Figure 52. South Korea Insulating Oil Sales Value by Application (%), 2024 VS 2031
 Figure 53. Southeast Asia Insulating Oil Sales Value, (2020-2031) & (US$ Million)
 Figure 54. Southeast Asia Insulating Oil Sales Value by Type (%), 2024 VS 2031
 Figure 55. Southeast Asia Insulating Oil Sales Value by Application (%), 2024 VS 2031
 Figure 56. India Insulating Oil Sales Value, (2020-2031) & (US$ Million)
 Figure 57. India Insulating Oil Sales Value by Type (%), 2024 VS 2031
 Figure 58. India Insulating Oil Sales Value by Application (%), 2024 VS 2031
 Figure 59. Insulating Oil Industrial Chain
 Figure 60. Insulating Oil Manufacturing Cost Structure
 Figure 61. Channels of Distribution (Direct Sales, and Distribution)
 Figure 62. Bottom-up and Top-down Approaches for This Report
 Figure 63. Data Triangulation
 Figure 64. Key Executives Interviewed
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