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Chemical & Material Global Mineral Oil-based Insulating Oil Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031

  • RnM4639484
    • |
  • 24 October, 2025
    • |
  • Global
    • |
  • 145 Pages
    • |
  • GIR
    • |
  • Chemical & Material

According to our (Global Info Research) latest study, the global Mineral Oil-based Insulating Oil market size was valued at US$ 3289 million in 2024 and is forecast to a readjusted size of USD 6958 million by 2031 with a CAGR of 11.4% during review period.
In this report, we will assess the current U.S. tariff framework alongside international policy adaptations, analyzing their effects on competitive market structures, regional economic dynamics, and supply chain resilience.
This report is a detailed and comprehensive analysis for global Mineral Oil-based Insulating Oil market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Mineral Oil-based Insulating Oil market size and forecasts, in consumption value ($ Million), sales quantity (Kiloton), and average selling prices (US$/Ton), 2020-2031
Global Mineral Oil-based Insulating Oil market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Kiloton), and average selling prices (US$/Ton), 2020-2031
Global Mineral Oil-based Insulating Oil market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Kiloton), and average selling prices (US$/Ton), 2020-2031
Global Mineral Oil-based Insulating Oil market shares of main players, shipments in revenue ($ Million), sales quantity (Kiloton), and ASP (US$/Ton), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Mineral Oil-based Insulating Oil
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Mineral Oil-based Insulating Oil market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Nynas, Petrochina, Ergon, Apar Industry, CNOOC, Shell, Sinopec, Savita Oil, Calumet, Engen Petroleum, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Mineral Oil-based Insulating Oil market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Low Flash Point
Medium Flash Point
Higher Flash Point
Market segment by Application
Ordinary Transformer
EHV Transformer
Major players 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
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Mineral Oil-based Insulating Oil product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Mineral Oil-based Insulating Oil, with price, sales quantity, revenue, and global market share of Mineral Oil-based Insulating Oil from 2020 to 2025.
Chapter 3, the Mineral Oil-based Insulating Oil competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Mineral Oil-based Insulating Oil breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Mineral Oil-based Insulating Oil market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Mineral Oil-based Insulating Oil.
Chapter 14 and 15, to describe Mineral Oil-based Insulating Oil sales channel, distributors, customers, research findings and conclusion.


1 Market Overview

  • 1.1 Product Overview and Scope
  • 1.2 Market Estimation Caveats and Base Year
  • 1.3 Market Analysis by Type
    • 1.3.1 Overview: Global Mineral Oil-based Insulating Oil Consumption Value by Type: 2020 Versus 2024 Versus 2031
    • 1.3.2 Low Flash Point
    • 1.3.3 Medium Flash Point
    • 1.3.4 Higher Flash Point
  • 1.4 Market Analysis by Application
    • 1.4.1 Overview: Global Mineral Oil-based Insulating Oil Consumption Value by Application: 2020 Versus 2024 Versus 2031
    • 1.4.2 Ordinary Transformer
    • 1.4.3 EHV Transformer
  • 1.5 Global Mineral Oil-based Insulating Oil Market Size & Forecast
    • 1.5.1 Global Mineral Oil-based Insulating Oil Consumption Value (2020 & 2024 & 2031)
    • 1.5.2 Global Mineral Oil-based Insulating Oil Sales Quantity (2020-2031)
    • 1.5.3 Global Mineral Oil-based Insulating Oil Average Price (2020-2031)

2 Manufacturers Profiles

  • 2.1 Nynas
    • 2.1.1 Nynas Details
    • 2.1.2 Nynas Major Business
    • 2.1.3 Nynas Mineral Oil-based Insulating Oil Product and Services
    • 2.1.4 Nynas Mineral Oil-based Insulating Oil Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.1.5 Nynas Recent Developments/Updates
  • 2.2 Petrochina
    • 2.2.1 Petrochina Details
    • 2.2.2 Petrochina Major Business
    • 2.2.3 Petrochina Mineral Oil-based Insulating Oil Product and Services
    • 2.2.4 Petrochina Mineral Oil-based Insulating Oil Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.2.5 Petrochina Recent Developments/Updates
  • 2.3 Ergon
    • 2.3.1 Ergon Details
    • 2.3.2 Ergon Major Business
    • 2.3.3 Ergon Mineral Oil-based Insulating Oil Product and Services
    • 2.3.4 Ergon Mineral Oil-based Insulating Oil Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.3.5 Ergon Recent Developments/Updates
  • 2.4 Apar Industry
    • 2.4.1 Apar Industry Details
    • 2.4.2 Apar Industry Major Business
    • 2.4.3 Apar Industry Mineral Oil-based Insulating Oil Product and Services
    • 2.4.4 Apar Industry Mineral Oil-based Insulating Oil Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.4.5 Apar Industry Recent Developments/Updates
  • 2.5 CNOOC
    • 2.5.1 CNOOC Details
    • 2.5.2 CNOOC Major Business
    • 2.5.3 CNOOC Mineral Oil-based Insulating Oil Product and Services
    • 2.5.4 CNOOC Mineral Oil-based Insulating Oil Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.5.5 CNOOC Recent Developments/Updates
  • 2.6 Shell
    • 2.6.1 Shell Details
    • 2.6.2 Shell Major Business
    • 2.6.3 Shell Mineral Oil-based Insulating Oil Product and Services
    • 2.6.4 Shell Mineral Oil-based Insulating Oil Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.6.5 Shell Recent Developments/Updates
  • 2.7 Sinopec
    • 2.7.1 Sinopec Details
    • 2.7.2 Sinopec Major Business
    • 2.7.3 Sinopec Mineral Oil-based Insulating Oil Product and Services
    • 2.7.4 Sinopec Mineral Oil-based Insulating Oil Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.7.5 Sinopec Recent Developments/Updates
  • 2.8 Savita Oil
    • 2.8.1 Savita Oil Details
    • 2.8.2 Savita Oil Major Business
    • 2.8.3 Savita Oil Mineral Oil-based Insulating Oil Product and Services
    • 2.8.4 Savita Oil Mineral Oil-based Insulating Oil Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.8.5 Savita Oil Recent Developments/Updates
  • 2.9 Calumet
    • 2.9.1 Calumet Details
    • 2.9.2 Calumet Major Business
    • 2.9.3 Calumet Mineral Oil-based Insulating Oil Product and Services
    • 2.9.4 Calumet Mineral Oil-based Insulating Oil Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.9.5 Calumet Recent Developments/Updates
  • 2.10 Engen Petroleum
    • 2.10.1 Engen Petroleum Details
    • 2.10.2 Engen Petroleum Major Business
    • 2.10.3 Engen Petroleum Mineral Oil-based Insulating Oil Product and Services
    • 2.10.4 Engen Petroleum Mineral Oil-based Insulating Oil Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.10.5 Engen Petroleum Recent Developments/Updates
  • 2.11 Valvoline
    • 2.11.1 Valvoline Details
    • 2.11.2 Valvoline Major Business
    • 2.11.3 Valvoline Mineral Oil-based Insulating Oil Product and Services
    • 2.11.4 Valvoline Mineral Oil-based Insulating Oil Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.11.5 Valvoline Recent Developments/Updates
  • 2.12 Jiangsu Gaoke
    • 2.12.1 Jiangsu Gaoke Details
    • 2.12.2 Jiangsu Gaoke Major Business
    • 2.12.3 Jiangsu Gaoke Mineral Oil-based Insulating Oil Product and Services
    • 2.12.4 Jiangsu Gaoke Mineral Oil-based Insulating Oil Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.12.5 Jiangsu Gaoke Recent Developments/Updates
  • 2.13 Raj Petro Specialties
    • 2.13.1 Raj Petro Specialties Details
    • 2.13.2 Raj Petro Specialties Major Business
    • 2.13.3 Raj Petro Specialties Mineral Oil-based Insulating Oil Product and Services
    • 2.13.4 Raj Petro Specialties Mineral Oil-based Insulating Oil Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.13.5 Raj Petro Specialties Recent Developments/Updates
  • 2.14 Jiangsu Shuangjiang
    • 2.14.1 Jiangsu Shuangjiang Details
    • 2.14.2 Jiangsu Shuangjiang Major Business
    • 2.14.3 Jiangsu Shuangjiang Mineral Oil-based Insulating Oil Product and Services
    • 2.14.4 Jiangsu Shuangjiang Mineral Oil-based Insulating Oil Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.14.5 Jiangsu Shuangjiang Recent Developments/Updates
  • 2.15 Hydrodec
    • 2.15.1 Hydrodec Details
    • 2.15.2 Hydrodec Major Business
    • 2.15.3 Hydrodec Mineral Oil-based Insulating Oil Product and Services
    • 2.15.4 Hydrodec Mineral Oil-based Insulating Oil Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.15.5 Hydrodec Recent Developments/Updates
  • 2.16 Cargill
    • 2.16.1 Cargill Details
    • 2.16.2 Cargill Major Business
    • 2.16.3 Cargill Mineral Oil-based Insulating Oil Product and Services
    • 2.16.4 Cargill Mineral Oil-based Insulating Oil Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.16.5 Cargill Recent Developments/Updates
  • 2.17 Dow Corning
    • 2.17.1 Dow Corning Details
    • 2.17.2 Dow Corning Major Business
    • 2.17.3 Dow Corning Mineral Oil-based Insulating Oil Product and Services
    • 2.17.4 Dow Corning Mineral Oil-based Insulating Oil Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.17.5 Dow Corning Recent Developments/Updates

3 Competitive Environment: Mineral Oil-based Insulating Oil by Manufacturer

  • 3.1 Global Mineral Oil-based Insulating Oil Sales Quantity by Manufacturer (2020-2025)
  • 3.2 Global Mineral Oil-based Insulating Oil Revenue by Manufacturer (2020-2025)
  • 3.3 Global Mineral Oil-based Insulating Oil Average Price by Manufacturer (2020-2025)
  • 3.4 Market Share Analysis (2024)
    • 3.4.1 Producer Shipments of Mineral Oil-based Insulating Oil by Manufacturer Revenue ($MM) and Market Share (%): 2024
    • 3.4.2 Top 3 Mineral Oil-based Insulating Oil Manufacturer Market Share in 2024
    • 3.4.3 Top 6 Mineral Oil-based Insulating Oil Manufacturer Market Share in 2024
  • 3.5 Mineral Oil-based Insulating Oil Market: Overall Company Footprint Analysis
    • 3.5.1 Mineral Oil-based Insulating Oil Market: Region Footprint
    • 3.5.2 Mineral Oil-based Insulating Oil Market: Company Product Type Footprint
    • 3.5.3 Mineral Oil-based Insulating Oil Market: Company Product Application Footprint
  • 3.6 New Market Entrants and Barriers to Market Entry
  • 3.7 Mergers, Acquisition, Agreements, and Collaborations

4 Consumption Analysis by Region

  • 4.1 Global Mineral Oil-based Insulating Oil Market Size by Region
    • 4.1.1 Global Mineral Oil-based Insulating Oil Sales Quantity by Region (2020-2031)
    • 4.1.2 Global Mineral Oil-based Insulating Oil Consumption Value by Region (2020-2031)
    • 4.1.3 Global Mineral Oil-based Insulating Oil Average Price by Region (2020-2031)
  • 4.2 North America Mineral Oil-based Insulating Oil Consumption Value (2020-2031)
  • 4.3 Europe Mineral Oil-based Insulating Oil Consumption Value (2020-2031)
  • 4.4 Asia-Pacific Mineral Oil-based Insulating Oil Consumption Value (2020-2031)
  • 4.5 South America Mineral Oil-based Insulating Oil Consumption Value (2020-2031)
  • 4.6 Middle East & Africa Mineral Oil-based Insulating Oil Consumption Value (2020-2031)

5 Market Segment by Type

  • 5.1 Global Mineral Oil-based Insulating Oil Sales Quantity by Type (2020-2031)
  • 5.2 Global Mineral Oil-based Insulating Oil Consumption Value by Type (2020-2031)
  • 5.3 Global Mineral Oil-based Insulating Oil Average Price by Type (2020-2031)

6 Market Segment by Application

  • 6.1 Global Mineral Oil-based Insulating Oil Sales Quantity by Application (2020-2031)
  • 6.2 Global Mineral Oil-based Insulating Oil Consumption Value by Application (2020-2031)
  • 6.3 Global Mineral Oil-based Insulating Oil Average Price by Application (2020-2031)

7 North America

  • 7.1 North America Mineral Oil-based Insulating Oil Sales Quantity by Type (2020-2031)
  • 7.2 North America Mineral Oil-based Insulating Oil Sales Quantity by Application (2020-2031)
  • 7.3 North America Mineral Oil-based Insulating Oil Market Size by Country
    • 7.3.1 North America Mineral Oil-based Insulating Oil Sales Quantity by Country (2020-2031)
    • 7.3.2 North America Mineral Oil-based Insulating Oil Consumption Value by Country (2020-2031)
    • 7.3.3 United States Market Size and Forecast (2020-2031)
    • 7.3.4 Canada Market Size and Forecast (2020-2031)
    • 7.3.5 Mexico Market Size and Forecast (2020-2031)

8 Europe

  • 8.1 Europe Mineral Oil-based Insulating Oil Sales Quantity by Type (2020-2031)
  • 8.2 Europe Mineral Oil-based Insulating Oil Sales Quantity by Application (2020-2031)
  • 8.3 Europe Mineral Oil-based Insulating Oil Market Size by Country
    • 8.3.1 Europe Mineral Oil-based Insulating Oil Sales Quantity by Country (2020-2031)
    • 8.3.2 Europe Mineral Oil-based Insulating Oil Consumption Value by Country (2020-2031)
    • 8.3.3 Germany Market Size and Forecast (2020-2031)
    • 8.3.4 France Market Size and Forecast (2020-2031)
    • 8.3.5 United Kingdom Market Size and Forecast (2020-2031)
    • 8.3.6 Russia Market Size and Forecast (2020-2031)
    • 8.3.7 Italy Market Size and Forecast (2020-2031)

9 Asia-Pacific

  • 9.1 Asia-Pacific Mineral Oil-based Insulating Oil Sales Quantity by Type (2020-2031)
  • 9.2 Asia-Pacific Mineral Oil-based Insulating Oil Sales Quantity by Application (2020-2031)
  • 9.3 Asia-Pacific Mineral Oil-based Insulating Oil Market Size by Region
    • 9.3.1 Asia-Pacific Mineral Oil-based Insulating Oil Sales Quantity by Region (2020-2031)
    • 9.3.2 Asia-Pacific Mineral Oil-based Insulating Oil Consumption Value by Region (2020-2031)
    • 9.3.3 China Market Size and Forecast (2020-2031)
    • 9.3.4 Japan Market Size and Forecast (2020-2031)
    • 9.3.5 South Korea Market Size and Forecast (2020-2031)
    • 9.3.6 India Market Size and Forecast (2020-2031)
    • 9.3.7 Southeast Asia Market Size and Forecast (2020-2031)
    • 9.3.8 Australia Market Size and Forecast (2020-2031)

10 South America

  • 10.1 South America Mineral Oil-based Insulating Oil Sales Quantity by Type (2020-2031)
  • 10.2 South America Mineral Oil-based Insulating Oil Sales Quantity by Application (2020-2031)
  • 10.3 South America Mineral Oil-based Insulating Oil Market Size by Country
    • 10.3.1 South America Mineral Oil-based Insulating Oil Sales Quantity by Country (2020-2031)
    • 10.3.2 South America Mineral Oil-based Insulating Oil Consumption Value by Country (2020-2031)
    • 10.3.3 Brazil Market Size and Forecast (2020-2031)
    • 10.3.4 Argentina Market Size and Forecast (2020-2031)

11 Middle East & Africa

  • 11.1 Middle East & Africa Mineral Oil-based Insulating Oil Sales Quantity by Type (2020-2031)
  • 11.2 Middle East & Africa Mineral Oil-based Insulating Oil Sales Quantity by Application (2020-2031)
  • 11.3 Middle East & Africa Mineral Oil-based Insulating Oil Market Size by Country
    • 11.3.1 Middle East & Africa Mineral Oil-based Insulating Oil Sales Quantity by Country (2020-2031)
    • 11.3.2 Middle East & Africa Mineral Oil-based Insulating Oil Consumption Value by Country (2020-2031)
    • 11.3.3 Turkey Market Size and Forecast (2020-2031)
    • 11.3.4 Egypt Market Size and Forecast (2020-2031)
    • 11.3.5 Saudi Arabia Market Size and Forecast (2020-2031)
    • 11.3.6 South Africa Market Size and Forecast (2020-2031)

12 Market Dynamics

  • 12.1 Mineral Oil-based Insulating Oil Market Drivers
  • 12.2 Mineral Oil-based Insulating Oil Market Restraints
  • 12.3 Mineral Oil-based Insulating Oil Trends Analysis
  • 12.4 Porters Five Forces Analysis
    • 12.4.1 Threat of New Entrants
    • 12.4.2 Bargaining Power of Suppliers
    • 12.4.3 Bargaining Power of Buyers
    • 12.4.4 Threat of Substitutes
    • 12.4.5 Competitive Rivalry

13 Raw Material and Industry Chain

  • 13.1 Raw Material of Mineral Oil-based Insulating Oil and Key Manufacturers
  • 13.2 Manufacturing Costs Percentage of Mineral Oil-based Insulating Oil
  • 13.3 Mineral Oil-based Insulating Oil Production Process
  • 13.4 Industry Value Chain Analysis

14 Shipments by Distribution Channel

  • 14.1 Sales Channel
    • 14.1.1 Direct to End-User
    • 14.1.2 Distributors
  • 14.2 Mineral Oil-based Insulating Oil Typical Distributors
  • 14.3 Mineral Oil-based Insulating Oil Typical Customers

15 Research Findings and Conclusion

    16 Appendix

    • 16.1 Methodology
    • 16.2 Research Process and Data Source

    Summary:
    Get latest Market Research Reports on Mineral Oil-based Insulating Oil. Industry analysis & Market Report on Mineral Oil-based Insulating Oil is a syndicated market report, published as Global Mineral Oil-based Insulating Oil Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031. It is complete Research Study and Industry Analysis of Mineral Oil-based Insulating Oil market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.

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