Transformer Oil Market, by Types (Mineral Oil – Naphthenic
& Paraffinic, Silicone, and Bio-based), Applications (Small & Large
Transformers, Utility) & Geography – Global Industry Trends & Forecast
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(Mineral Oil – Naphthenic & Paraffinic, Silicone, and Bio-based),
Applications (Small & Large Transformers, Utility) & Geography – Global
Industry Trends & Forecast to 2018 in
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This report estimates the transformer
oil market in terms of volume and value. The volume market is estimated
in terms of the demand of the transformer oil per year. The report estimates
the market size of the transformer oil industry for product types such as
mineral oil which is further classified into naphthenic and paraffinic;
silicone, and bio-based transformer oils. This has been broken down into
component regions and is further split into countries.
Transformer oil consumption is driven by expanding energy
demand and growing installation of power grids in developing countries,
increasing investments, and enhancement of power grids in regions like Europe
and North America; and also the growing transition towards other renewable
sources of energy. A majority of the manufacturing capacities are present in
North America, Asia-Pacific, and European regions, which also act as a driver
for the local markets. Whereas, the factors such as wearing effects of sulfur
in transformer oils and the flammable nature of the oil, hinders the
consumption. Apart from these, a majority of the naphthenic capacities are present
in North America.
We have used various secondary sources such as
encyclopedias, directories, and databases to identify and collect information
that was useful for this extensive commercial study of the global transformer
oil market. The primary sources – experts and suppliers from the industry, have
all been interviewed to obtain and verify critical information, as well as to
assess the future prospects of the transformer oil market.
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We have also profiled leading players of this industry,
along with their recent developments and other strategic industry activities.
Some of the key companies profiled include Nynas AB (Sweden), PetroChina
Lubricating Oil Company (China), Ergon Inc. (U.S.), Calumet Specialty Products
Partners L.P. (U.S.), San Joaquin Refineries Inc. (U.S.), Apar Industries Ltd
(India), Engen (South Africa), and Sinopec Corporation (China) among others.
Asia Pacific dominates the global transformer oil market. In
Asia Pacific, China is the largest market in terms of the demand side. Nynas AB
(Sweden) is the global leader in terms of the production of naphthenic oil.
The report covers major regions such as Asia-Pacific (China,
India, Japan, South Korea, Thailand, Vietnam), North America (the U.S., Mexico,
Canada), Europe (Russia, Germany, France, Turkey, Spain, the U.K., Ukraine,
Belgium), and the ROW countries (Brazil, Saudi Arabia, South Africa,
Argentina).
The report also touches upon various important aspects of
the market. These include analysis of the value chain, Porter’s Five Forces
model, the competitive landscape, and raw-materials. In addition to this, 10
key players of this market have also been profiled.
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Table Of Contents
1 Introduction
1.2 Report Description
1.2.1 Rising Consumption Of Bio-Based Transformer Oils
1.3 Markets Covered
1.4 Research Methodology
1.4.1 Market Size
1.4.2 Key Data Points Taken From Secondary Sources
1.4.3 Key Data Points Taken From Primary Sources
1.5 Stakeholders
1.6 Assumptions
2.1 Asia-Pacific: Largest Market For Transformer Oil
2.2 Mineral Oil Based Transformer Oil: Extensively Consumed Across The Globe
2.3 Small Transformers: Major Application Segment For Transformer Oils
4.1 Introduction
4.1.1 Trends
4.1.2 Outlook
4.1.3 Market Participants
4.2 Market Definition
4.2.1 By Geography
4.2.2 By Product Types
4.2.3 By Applications
4.3 Value Chain Analysis
4.4 Market Dynamics
4.4.1 Drivers
4.4.1.1 New Investments And Upgradation Of Electricity Grids In Europe And North America
4.4.1.2 Rising Transition To New Energy Sources
4.4.1.3 Expansion Of Electricity Grids In Developing Countries
4.4.2 Restraints
4.4.2.1 Corrosive Effects Of Sulfur Present In Transformer Oil
4.4.2.2 Combustible Nature Of Transformer Oil
2 Executive Summary
3 Premium Insights
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Table Of Contents
4 Market Overview
Fore more
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(Mineral Oil – Naphthenic & Paraffinic, Silicone, and Bio-based),
Applications (Small & Large Transformers, Utility) & Geography – Global
Industry Trends & Forecast to 2018” report
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