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Transformer Oils are electrical insulating oils stable at high temperature, which serves two important functions in a transformer, viz., suppression of arcing and dissipation of heat generated in the transformer. The ability of transformer oil to fulfil these functions are chiefly responsible for its adoption, and thus triggers the transformer oil market growth. Other important factors stimulating its growth include electrification of rural areas, expansion of power grids and increasing investment in the power sector. However, factors such as volatility in crude oil prices and increasing adoption of dry transformers are expected to hamper the transformer oil market growth.
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Transformer Oil Market Global Opportunity Analysis and Industry Forecast, 2014 - 2020 Pages: 134 Tables: 48 Charts: 68 Pages: 134 Tables: 48 Charts: 68
Transformer Oil Market (2014 – 2020) Market Overview • Global transformer oil market sales to reach $3.4 billion by 2020, with the mineral oil-based transformer oil segment to maintainits dominance until 2020. • Transformer Oils are electrical insulating oils stable at high temperature, which serves two important functions in a transformer, viz., suppression of arcing and dissipation of heat generated in the transformer. The ability of transformer oil to fulfil these functions are chiefly responsible for its adoption, and thus triggers the transformer oil market growth. • Other important factors stimulating its growth include electrification of rural areas, expansion of power grids and increasinginvestment in the power sector. • However, factors such as volatility in crude oil prices and increasing adoption of dry transformers are expected to hamper the transformer oil market growth. Pages: 134 Tables: 48 Charts: 68 Pages: 134 Tables: 48 Charts: 68
Transformer Oil Market (2014 – 2020) Market Segments By Type • Mineral Oil-Based • Silicone Oil-Based • Bio-based By Application • Distribution Transformer • Power Transformer By Region • North America • Europe • Asia-Pacific • LAMEA Pages: 134 Tables: 48 Charts: 68 Pages: 134 Tables: 48 Charts: 68
Transformer Oil Market (2014 – 2020) Key Benefits • This report provides an extensive analysis of the current trends, emerging estimations, and dynamics in the global transformer oil market. • In-depth analysis of the market is conducted, and estimations for key segments from 2014 to 2022 are provided. • Comprehensive analysis of the factors that drive and restrain the transformer oil market growth is provided. • The transformer oil market forecast is studied from 2014 to 2020. • Industry analysis is conducted by following key product positioning and monitoring the top competitors within the market framework. Pages: 134 Tables: 48 Charts: 68 Pages: 134 Tables: 48 Charts: 68
Transformer Oil Market (2014 - 2020) Key Findings • Mineral oil-based transformers segment accounted for more than 90% of the transformer oil market size in 2015 and is expected to maintain this trend until 2020. • LAMEA is anticipated to be the fastest growing regional market with a CAGR of 7.4% during the forecast period. • Bio-oil based transformers segment is expected to register the highest CAGR of 12.4% from 2015 to 2020. Pages: 134 Tables: 48 Charts: 68 Pages: 134 Tables: 48 Charts: 68
Transformer Oil Market (2014 - 2020) Key Players ▪ Nynas AB ▪ Ergon Inc. ▪ PetroChinaCompanyLimited ▪ Apar Industries Limited ▪ Calumet Specialty Products Partners ▪ Sinopec Corporation ▪ Hydrodec Group Plc ▪ Cargill Incorporated ▪ Engen Petroleum Limited ▪ Gandhar Oil Refinery India Limited. Pages: 134 Tables: 48 Charts: 68 Pages: 134 Tables: 48 Charts: 68
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