Press release
Transformer Oil Market is Expected to Reach $3.4 Billion, By Top Leading Companies Nynas AB, Ergon, Inc., PetroChina Company Limited, Apar Industries Limited, Calumet Specialty Products Partners, L.P., Sinopec Corporation, Hydrodec Group Plc, Cargill Inco
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 drives the 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 market growth.
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Distribution transformers segment dominates the global transformer oil market, accounting for nearly half of the overall market, in terms of volume. The key factors responsible for this dominance is increase in energy usage coupled with increasing number of sub transmission lines to residential homes.
Asia-Pacific is expected to maintain its dominance through 2020, due to increasing demand for electricity in densely populated countries such as India and China, expansion of grid infrastructure and increasing investments in the power sector. China dominates the Asia-Pacific transformer oil market followed by India owing to the high demand for transformer oil in power transmission infrastructure. Russia and Germany are the largest consumers of transformer oil in the European market.
Increasing consumption of electricity and development of new power plants are expected to provide stellar growth opportunities for the Russian transformer oil market. The Middle Eastern transformer oil market is projected to exhibit the highest CAGR during the analysis period, both in terms of volume and revenue. This is attributed to factors such as increase in power grids, heavy investment, and expansion of electricity network.
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The prominent players profiled in this report, include Nynas AB, Ergon, Inc., PetroChina Company Limited, Apar Industries Limited, Calumet Specialty Products Partners, L.P., Sinopec Corporation, Hydrodec Group Plc, Cargill Incorporated, Engen Petroleum Limited, Valvoline, San Joaquin Refining Co., Inc., and Gandhar Oil Refinery India Limited.
List of Figures
FIG. 1 GLOBAL TRANSFORMER OILS MARKET, BY GEOGRAPHY, VOLUME 2014-2020
FIG. 2 GLOBAL TRANSFORMER OIL MARKET, BY GEOGRAPHY, VOLUME (MILLION LITRES) 2014
FIG. 1 TOP IMPACTING FACTORS, MODERATE GROWTH SCENARIO (2020 - 2025)
FIG. 2 TOP IMPACTING FACTORS, RAPID GROWTH SCENARIO (2020 - 2025)
FIG. 3 TOP IMPACTING FACTORS, DIMINISHING GROWTH SCENARIO (2020 - 2025)
FIG. 4 TOP FACTORS IMPACTING GLOBAL TRANSFORMER OIL MARKET
FIG. 5 TOP INVESTMENT POCKETS
FIG. 6 TOP WINNING STRATEGIES IN THE TRANSFORMER OIL MARKET (2011-2015)
FIG. 7 RECENT DEVELOPMENTS OF TOP PLAYERS IN THE TRANSFORMER OIL MARKET (2011-2015))
FIG. 8 PORTERS FIVE ANALYSIS OF WORLD TRANSFORMER OIL MARKET
FIG. 9 VALUE CHAIN ANALYSIS OF TRANSFORMER OIL MARKET
FIG. 10 MARKET SHARE ANALYSIS-2014
FIG. 11 U.S. TRANSFORMER OIL MARKET, BY VOLUME (MILLION LITRES), 2014-2020
FIG. 12 U.S. TRANSFORMER OIL MARKET, BY VALUE ($MILLION), 2014-2020
FIG. 13 CANADA TRANSFORMER OIL MARKET, BY VOLUME (MILLION LITRES), 2014-2020
FIG. 14 CANADA TRANSFORMER OIL MARKET, BY VALUE ($MILLION), 2014-2020
FIG. 15 MEXICO TRANSFORMER OIL MARKET, BY VOLUME (MILLION LITRES), 2014-2020
FIG. 16 MEXICO TRANSFORMER OIL MARKET, BY VALUE ($MILLION), 2014-2020
FIG. 17 RUSSIA TRANSFORMER OIL MARKET, BY VOLUME (MILLION LITRES), 2014-2020
FIG. 18 RUSSIA TRANSFORMER OIL MARKET, BY VALUE ($MILLION), 2014-2020
FIG. 19 GERMANY TRANSFORMER OIL MARKET, BY VOLUME (MILLION LITRES), 2014-2020
FIG. 20 GERMANY TRANSFORMER OIL MARKET, BY VALUE ($MILLION), 2014-2020
FIG. 21 FRANCE TRANSFORMER OIL MARKET, BY VOLUME (MILLION LITRES), 2014-2020
FIG. 22 FRANCE TRANSFORMER OIL MARKET, BY VALUE ($MILLION), 2014-2020
FIG. 23 U.K. TRANSFORMER OIL MARKET, BY VOLUME (MILLION LITRES), 2014-2020
FIG. 24 U.K. TRANSFORMER OIL MARKET, BY VALUE ($MILLION), 2014-2020
FIG. 25 REST OF EUROPE TRANSFORMER OIL MARKET, BY VOLUME (MILLION LITRES), 2014-2020
FIG. 26 REST OF EUROPE TRANSFORMER OIL MARKET, BY VALUE ($MILLION), 2014-2020
FIG. 27 CHINA TRANSFORMER OIL MARKET, BY VOLUME (MILLION LITRES), 2014-2020
FIG. 28 CHINA TRANSFORMER OIL MARKET, BY VALUE ($MILLION), 2014-2020
FIG. 29 JAPAN TRANSFORMER OIL MARKET, BY VOLUME (MILLION LITRES), 2014-2020
FIG. 30 JAPAN TRANSFORMER OIL MARKET, BY VALUE ($MILLION), 2014-2020
FIG. 31 INDIA TRANSFORMER OIL MARKET, BY VOLUME (MILLION LITRES), 2014-2020
FIG. 32 INDIA TRANSFORMER OIL MARKET, BY VALUE ($MILLION), 2014-2020
FIG. 33 REST OF ASIA-PACIFIC TRANSFORMER OIL MARKET, BY VOLUME (MILLION LITRES), 2014-2020
FIG. 34 REST OF ASIA-PACIFIC TRANSFORMER OIL MARKET, BY VALUE ($MILLION), 2014-2020
FIG. 35 BRAZIL TRANSFORMER OIL MARKET, BY VOLUME (MILLION LITRES), 2014-2020
FIG. 36 BRAZIL TRANSFORMER OIL MARKET, BY VALUE ($MILLION), 2014-2020
FIG. 37 ARGENTINA TRANSFORMER OIL MARKET, BY VOLUME (MILLION LITRES), 2014-2020
FIG. 38 ARGENTINA TRANSFORMER OIL MARKET, BY VALUE ($MILLION), 2014-2020
FIG. 39 SAUDI ARABIA TRANSFORMER OIL MARKET, BY VOLUME (MILLION LITRES), 2014-2020
FIG. 40 SAUDI ARABIA TRANSFORMER OIL MARKET, BY VALUE ($MILLION), 2014-2020
FIG. 41 SOUTH AFRICA TRANSFORMER OIL MARKET, BY VOLUME (MILLION LITRES), 2014-2020
FIG. 42 SOUTH AFRICA TRANSFORMER OIL MARKET, BY VALUE ($MILLION), 2014-2020
FIG. 43 REST OF LAMEA TRANSFORMER OIL MARKET, BY VOLUME (MILLION LITRES), 2014-2020
FIG. 44 REST OF LAMEA TRANSFORMER OIL MARKET, BY VALUE ($MILLION), 2014-2020
FIG. 45 NYNAS AB REVENUE ANALYSIS, $MILLION (2012-2014)
FIG. 46 NYNAS AB NAPHTHENICS REVENUE ANALYSIS, BY PRODUCT SEGMENTS, 2014
FIG. 47 SWOT ANALYSIS OF NYNAS AB
FIG. 48 SWOT ANALYSIS OF ERGON, INC.
FIG. 49 PETROCHINA COMPANY LIMITED REVENUE ANALYSIS ($MILLION) (2011- 2014)
FIG. 50 SWOT ANALYSIS PETROCHINA COMPANY LIMITED
FIG. 51 APAR INDUSTRIES LIMITED, REVENUE ANALYSIS ($MILLION) (2012- 2014)
FIG. 52 SWOT ANALYSIS OF APAR INDUSTRIES LIMITED
FIG. 53 CALUMET SPECIALTY PRODUCTS PARTNERS, L.P., REVENUE ANALYSIS ($MILLION) (2011-2014)
FIG. 54 CALUMET SPECIALTY PRODUCTS PARTNERS, L.P., REVENUE ANALYSIS BY BUSINESS SEGMENT, 2014
FIG. 55 SWOT ANALYSIS OF CALUMET SPECIALTY PRODUCTS PARTNERS, L.P.
FIG. 56 SINOPEC CORPORATION, REVENUE ANALYSIS ($MILLION). (2011- 2014)
FIG. 57 SINOPEC CORPORATION, REVENUE ANALYSIS BY BUSINESS SEGMENTS, 2014
FIG. 58 SWOT ANALYSIS OF SINOPEC CORPORATION
FIG. 59 HYDRODEC GROUP PLC, REVENUE ANALYSIS ($MILLION) (2012-2014)
FIG. 60 HYDRODEC GROUP PLC, REVENUE ANALYSIS BY BUSINESS SEGMENT (2013)
FIG. 61 SWOT ANALYSIS OF HYDRODEC GROUP PLC
FIG. 62 CARGILL INCORPORATED, REVENUE ANALYSIS ($MILLION), (2012-2014)
FIG. 63 SWOT ANALYSIS OF CARGILL INCORPORATED
FIG. 64 ENGEN PETROLEUM LIMITED REVENUE, ANALYSIS ($MILLION), (2011-2013)
FIG. 65 SWOT ANALYSIS OF ENGEN PETROLEUM LIMITED
FIG. 66 SWOT ANALYSIS OF VALVOLINE
FIG. 67 SWOT ANALYSIS OF SAN JOAQUIN REFINING CO., INC.
FIG. 68 SWOT ANALYSIS OF GANDHAR OIL REFINRY INDIA LIMITED
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