Global Insulating Oil Market Report, History and Forecast 2015-2026, Breakdown Data by Manufacturers, Key Regions, Types and Application

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.
Although the growth of the downstream market of Asia-Pacific transformers is not as fast as expected. The biggest market are still in the rapidly growing Asia Pacific market—especially China, India, and the ASEAN countries. Based on improvements in political and economic stability, growth should also be better in Central and Eastern Europe, including the countries of the former USSR. Brazil is leading the growth in South America. Companies that are well established in these locations are in the strongest position to take advantage of these opportunities. Although the downstream market for transformers appears to be growing not so fast.

Market Analysis and Insights: Global Insulating Oil Market
The global Insulating Oil market size is projected to reach US$ 3134 million by 2026, from US$ 2686.7 million in 2020, at a CAGR of 2.6% during 2021-2026.
Global Insulating Oil Scope and Segment
The global Insulating Oil market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Insulating Oil market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type, and by Application for the period 2015-2026.
The major regions covered in the report are North America, Europe, Asia-Pacific, South America, Middle East & Africa, etc. The report has specifically covered major countries including U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, U.A.E, etc. It includes revenue and volume analysis of each region and their respective countries for the forecast years. It also contains country-wise volume and revenue from the year 2015 to 2020. Additionally, it provides the reader with accurate data on volume sales according to the consumption for the same years.

Segment by Type, the Insulating Oil market is segmented into
Mineral Oil-based Insulating Oil
Silicone-based Insulating Oil
Synthetic Oil-based Insulating Oil
Others

Segment by Application, the Insulating Oil market is segmented into
Ordinary Transformer
EHV Transformer

Insulating Oil market competitive landscape provides details and data information by players. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on revenue (global and regional level) by players for the period 2015-2020. Details included are company description, major business, company total revenue and the sales, revenue generated in Insulating Oil business, the date to enter into the Insulating Oil market, Insulating Oil product introduction, recent developments, etc.
The major vendors covered:
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

Geographic Segmentation
The report offers exhaustive assessment of different region-wise and country-wise Insulating Oil markets such as U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, U.A.E, etc. Key regions covered in the report are North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa.
For the period 2015-2026, the report provides country-wise revenue and volume sales analysis and region-wise revenue and volume analysis of the global Insulating Oil market. For the period 2015-2020, it provides sales (consumption) analysis and forecast of different regional markets by Application as well as by Type in terms of volume.