Transformer Oil Market: Emergence of Advanced Technologies and Global Industry Analysis 2022

Market Scenario

Transformer Oil is used as insulator and coolant in transformers by energy and power industry. The global transformaer oil markert has seen a potential growth over the past years and as per MRFR analysis, the global market is expected to reach USD XX million by 2022 from USD 2,100 million with a CAGR of 8.29%. Globe is facing rise of demand for electricity which will lead to the installation of new transformer, replacement of old transformer, installation of grid infrastructure which will lead the market for transformer oil market. Moreover, old and existing networks are not able to meet the new demand for power has resulted to modification of the transmission and distribution grid infrastructure. This will impact the growth of the transformer oil market in the forecasted year. However, increasing adoption of dry transformer and volatility in crude oil prices is expected to hamper the market, on account of growing transmission and distribution network across globe.

Market Segmentation

• By Type; Naphthenic, Paraffinic, Silicone based Transformer Oil, and Bio based Transformer Oil

• By Application; Small transformer, Large Transformers, Utility

• By Region; Asia-Pacific, North America, Europe, RoW

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Study Objectives of Global Transformer Oil Market

• To provide detailed analysis of the market structure along with forecast for the next six years of various segments and sub-segments of the Global Transformer Oil market

• To provide insights about factors affecting the market growth

• To analyze the Global Transformer Oil market based on various factors such as supply chain analysis, and Porter’s five forces analysis

• To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries - North America, Europe, Asia-Pacific, Rest of the World

• To provide country level analysis of the market with respect to the current market size and future prospective

• To provide country level analysis of the market for segment by type, by application and by region

• To provide strategic profiling of the key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market

• To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the global Transformer Oil market

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Key Players

The key players of Global Transformer Oil Market 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.
• Gandhar Oil Refinery India Limited

Target Audience

• Transformer Oil manufacturers
• Transformer Oil dealers and supplier
• Grid Infrastructure player
• Energy and power sector
• Industry Associations and Publications
• Investment bankers and M&A Consultants

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Regional Analysis of Global Transformer Oil Market

Asia Pacific held the largest share of 40% within the Transformer Oil market in 2015, and is expected to retain its majority by 2022. Followed by APAC, North America and Europe region is expected to compete each other in terms of both value and volume. Countries like China and India has a high demand for the Transformer oil for expansion of electric networks and installation of transformer. Transformer oil market will be driven by the growth of transmission and distribution network all across the globe. The growth for transformer oil will be slower in Americas and Europe region, as they are more depended on renewable sources then conventional sources of energy.

Geographic Analysis

• Geographical analysis across 17 countries

Company Information

• Profiling of 10 key market players
• SWOT analysis, and strategy information of top five players in the market
• Competitive landscape including emerging trends adopted by major companies

The report covers brief analysis of country level market information –

Asia-Pacific
• China
• India
• Japan
• Rest of Asia-Pacific

North America
• U.S.
• Canada
• Mexico

Europe
• Russia
• Germany
• France
• U.K.
• Rest of Europe

Rest of the World
• Brasil
• Saudi Arabia
• Argentina
• South Africa

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Contact:
Akash Anand,
Market Research Future
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Email: akash.anand@marketresearchfuture.com

This release was published on openPR.