Transformer Oil Market Comprehensive Survey by 2025 with Top Companies ABB, Alstom, Shell, Cargill, Dow Performance Silicones, ExxonMobil, Eaton, Mitsubishi Heavy Industries, Gulf Oil, Apar Industries Limited and Electrical Engineering and Equipment

The Transformer Oil Market report includes forecasts and analysis for the Energy and Power Industry at global and regional level. It provides historic data covering 2016, base data covering 2017 along with a forecast from 2017 to 2023 based on revenue sales, import and export. It also presents the company profile, product specifications, and production value along with the Information of manufacturer and market shares analysis for dominating company and brands of the Transformer Oil market.

The Global Transformer Oil Market is accounted for $2.12 billion in 2016 and expected to grow at a CAGR of 8.2% to reach $3.68 billion by 2023. Factors such as modernization of existing transformers, renewable power generation capacity expansion, new investments in the power sector in south Asia & Africa, and growing demand from original equipment manufacturers (OEMs) are driving the market growth.

However, corrosive nature of Sulphur present in transformer oil, deterioration of transformer oil due to moisture ingress and increasing demand for dry type transformers are the constraints faced by the market. Further, volatility in crude oil prices presents a challenge to the market. Increasing demand of bio-based transformer oil and corrosion free transformer oil will provide ample opportunity for the market to grow.

The Market Share Of The Largest Companies Accounted Of Global Market, Which Are:

· Mitsubishi Heavy Industries, Ltd.,

· ABB Ltd.,

· Aevitas.,

· Alstom Inc.,

· Apar industries limited.,

· Asia Electrical Power Equipment (Shenzhen) Co.,

· Royal Dutch Shell Plc,

· Clean Oil Services Pty Ltd.,

· Cargill Incorporated,

· Dow Corning,

· Gulf Oil Middle East Limited.,

· Interpower International Ltd.,

· Electrical Oil Services Ltd.,

· ERFA Industries Group,

· Exxonmobil Corporation

· Eaton Corporation Plc

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Mineral oil based segment is anticipated to show attractive growth due to easy availability & also due to its good oxidative stability and high-temperature viscosity characteristics. However, the bio-based oil is expected to grow lucratively due to environmental benefits. Asia Pacific is the largest market due to the presence of emerging markets India and China which are attributed to focus on rural and urban development in infrastructure. There is a growing demand for transformer oil in North America and Europe.

Applications Covered:

• Power Transformers

• Distribution Transformers

• Instrument & Other Transformer

Types Covered:

• Silicone-Based

• Bio-Based Oil

• Mineral Oil-Based

o Naphthenic Mineral Oil-Based

o Paraffinic Mineral Oil-Based

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Table of Contents

Part 1. Exclusive Summary

Part 2. Methodology

Part 3. Introduction

Part 4. Competitive Landscape

Part 5. Market Dynamics

Part 6. Segmentation by Application

Part 7. Supply by Region

Part 8. Consumption Pattern

Part 9. Market Forecast

Part 10. Key Vendors

Part 11. Industry Activity

Part 12. Appendix

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Target Audience of the Global Oil Free Air Compressors in Market Study:

? Key Consulting Companies & Advisors

? Large, medium-sized, and small enterprises

? Venture capitalists

? Value-Added Resellers (VARs)

? Third-party knowledge providers

? Investment bankers

? Investors

Customization Options

• All segmentation provided above in this report is represented at country level and can be customized according to needs.

• All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization).

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This release was published on openPR.