Transformer Oil Market Key Players Insights, Merger and Acquisitions, Business Report 2017-2022

Global Transformer Oil Market Information by Type (Naphthenic, Paraffinic, Silicone based Transformer Oil, and Bio based Transformer Oil), by Application (Small transformer, Large Transformers, Utility & others) and by Region - Forecast to 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 3,614.1 million by 2022 from USD 2,100 million with a CAGR of 8.29%.

MRFR recognizes Key players in Global Transformer Oil Market as- 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.

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Key Findings in Report:

• Asia-Pacific accounts for the largest share of 40% in the global transformer oil market in 2015.
• Naphthenic accounted for the largest market share of 54.60% in 2014, with a market value of USD 1,146.6 million and is projected to grow at a CAGR of 8.44% during the forecast period.
• Large Transformers accounted for the largest market share of 49.00% in 2014, with a market value of USD 1,029.0 million and is projected to grow at a CAGR of 7.99% during the forecast period.
• China accounted for the largest market share of 44.00% in 2014, with a market value of USD 369.6 million and is projected to grow at the highest CAGR of 9.98% during the forecast period.

Table of Contents for this Report:

1 Report Prologue
2 Introduction

2.1 Definition 17

2.2 Scope of the Study 17

2.3 Research Objective 17

2.4 Assumptions & Limitations 18

2.4.1 Assumptions 18

2.4.2 Limitations 18

2.5 Market Structure 18
3 Research Methodology

3.1 Research Process 19

3.2 Primary Research 20

3.3 Secondary Research 20

3.4 Market Size Estimation 20
4 Market Dynamics

4.1 Introduction 23

4.2 Market Drivers 24

4.2.1 Electricity Grid Expansion Owing to Increasing Energy Demand in Developing Countries in Asia 24

4.2.2 Increasing Transition to Renewable Energy Sources 25

4.2.3 Power Grid Up gradation in Europe & North America 26

4.3 Market Restraints 26

4.3.1 Increasing Demand of Dry Type Transformers May Restraint The Market Growth 27

4.3.2 Fluctuating Raw Material Prices 27

4.4 Trends 27

4.4.1 Increasing use of Bio based Transformer Oil 27

4.4.2 Growing Demand of Silicone based Oil Owing to Its Fire Resistant Properties 28

4.5 Opportunity 28

4.5.1 New Power Grid Projects in Brazil & Middle East Markets 28

4.6 Value chain analysis 29

4.6.1 Raw Material Suppliers 29

4.6.2 Transformer Oil Manufacturers 29

4.6.3 Distributor/Supplier 29

4.6.4 End Users 30

4.7 Porter’s Five Forces Analysis 30

4.7.1 Threat from New Entrants 30

4.7.2 Bargaining Power of Buyers 31

4.7.3 Bargaining Power of Supplier 31

4.7.4 Threat from Substitutes 31

4.7.5 Threat of Rivalry 32
5 Transformer Oil Market, By Type

5.1 Introduction 33

5.2 Naphthenic 35

5.3 Paraffinic 41

5.4 Silicone Based Transformer Oil 47

5.5 Bio Based Transformer Oil 54
6 Transformer Oil Market, By Application

6.1 Introduction 61

6.2 Small Transformer 63

6.3 Large Transformers 69

6.4 Utility & Others 74
7 Transformer Oil Market, By Region

7.1 Introduction 81

7.2 North America 84

7.2.1 US 87

7.2.2 Canada 89

7.2.3 Mexico 91

7.3 Europe 93

7.3.1 Germany 96

7.3.2 UK 98

7.3.3 Russia 100

7.3.4 France 102

7.3.5 Rest of Europe 104

7.4 Asia-Pacific 106

7.4.1 China 109

7.4.2 Japan 111

7.4.3 India 113

7.4.4 Rest of Asia-Pacific 115

7.5 Rest of the World 117

7.5.1 Brazil 120

7.5.2 Saudi Arabia 122

7.5.3 Argentina 124

7.5.4 South Africa 126

7.5.5 Others 128 
8 Competitive Landscape

8.1 Introduction 131

8.2 Expansion 132

8.3 Acquisition 134
9 Company Profiles

9.1 Nynas AB 138

9.1.1 Overview 138

9.1.2 Financial Overview 138

9.1.3 Product/Business Segment Overview 139

9.1.4 Key Development 140

9.2 Ergon Inc 141

9.2.1 Overview 141

9.2.2 Financial Overview 141

9.2.3 Product Development 141

9.2.4 Key Development 142

9.3 Calumet Specialty Products Partners L.P., 143

9.3.1 Overview 143

9.3.2 Financial Overview 143

9.3.3 Key Developments 144

9.4 APAR Industries Limited 145

9.4.1 Overview 145

9.4.2 Financial Overview 145

9.4.3 Product/ Business Segment 147

9.4.4 Key Development 148

9.5 Petro China 149

9.5.1 Overview 149

9.5.2 Financials 149

9.5.3 Product/ Business Segment 150

9.6 Sinopec Group 151

9.6.1 Overview 151

9.6.2 Financials 151

9.6.3 Product/ Business Segment 151

9.7 Hydrodec Group Plc 152

9.7.1 Overview 152

9.7.2 Financials 152

9.7.3 Key developments 153

9.8 Cargill Inc 154

9.8.1 Overview 154

9.8.2 Financial Overview 154

9.8.3 Key Developments 154

9.9 Engen Petroleum Limited 155

9.9.1 Overview 155

9.9.2 Financial Overview 155

9.9.3 Product/ Business Segment 155

9.9.4 Key developments 156

9.10 Valvoline International, Inc. 157

9.10.1 Overview 157

9.10.2 Financial Overview 157

9.10.3 Product/ Business Segment 158

9.10.4 Key Development 158

9.11 San Joaquin Refining Co. Inc. 159

9.11.1 Overview 159

9.11.2 Product/ Business Segment 159

9.12 Gandhar Oil Refinery India Limited 160

9.12.1 Overview 160

9.12.2 Financial 160

9.12.3 Product/ Business Segment 160

10 Conclusion

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List of Tables

Table 1 Global Transformer Oil Market: By Type, 2014-2022 (USD Billion)
Table 2 Naphthenic: Transformer Oil Market, By Region, 2014-2022 (USD Billion)
Table 3 Paraffinic: Transformer Oil Market, By Region, 2014-2022 (USD Billion)
Table 4 Silicone based Transformer Oil: Transformer Oil Market, By Region, 2014-2022 (USD Billion)
Table 5 Bio based Transformer Oil: Transformer Oil Market, By Region, 2014-2022 (USD Billion)
Table 6 Global Transformer Oil Market: By Application, 2014-2022 (USD Billion)
Table 7 Small transformer: Transformer Oil Market, By Region, 2014-2022 (USD Billion)
Table 8 Large Transformers: Transformer Oil Market, By Region, 2014-2022 (USD Billion)
Table 9 Utility: Transformer Oil Market, By Region, 2014-2022 (USD Billion)
Table 10 Others: Transformer Oil Market, By Region, 2014-2022 (USD Billion)
Table 11 Global Transformer Oil Market: By Region, 2014-2022 (USD Billion)
Table 12 North America: Transformer Oil Market, By Type, 2014-2022 (USD Billion)
Table 13 North America: Transformer Oil Market, By Application, 2014-2022 (USD Billion)
Table 14 North America: Transformer Oil Market, By Country, 2014-2022 (USD Billion)
Table 15 U.S.: Transformer Oil Market, By Type, 2014-2022 (USD Billion)
Table 16 U.S.: Transformer Oil Market, By Application, 2014-2022 (USD Billion)
Table 17 Canada: Transformer Oil Market, By Type, 2014-2022 (USD Billion)
Table 18 Canada: Transformer Oil Market, By Application, 2014-2022 (USD Billion)
Table 19 Mexico: Transformer Oil Market, By Type, 2014-2022 (USD Billion)
Table 20 Mexico: Transformer Oil Market, By Application, 2014-2022 (USD Billion)
Table 21 Europe: Transformer Oil Market, By Type, 2014-2022 (USD Billion)
Table 22 Europe: Transformer Oil Market, By Application, 2014-2022 (USD Billion)
Table 23 Europe: Transformer Oil Market, By Country, 2014-2022 (USD Billion)
Table 24 U.K.: Transformer Oil Market, By Type, 2014-2022 (USD Billion)
Table 25 U.K.: Transformer Oil Market, By Application, 2014-2022 (USD Billion)
Table 26 Germany: Transformer Oil Market, By Type, 2014-2022 (USD Billion)
Table 27 Germany: Transformer Oil Market, By Application, 2014-2022 (USD Billion)
Table 28 Russia: Transformer Oil Market, By Type, 2014-2022 (USD Billion)
Table 29 Russia: Transformer Oil Market, By Application, 2014-2022 (USD Billion)
Table 30 France: Transformer Oil Market, By Type, 2014-2022 (USD Billion)
Table 31 France: Transformer Oil Market, By Application, 2014-2022 (USD Billion)
Table 32 Rest of Europe: Transformer Oil Market, By Type, 2014-2022 (USD Billion)
Table 33 Rest of Europe: Transformer Oil Market, By Application, 2014-2022 (USD Billion)
Table 34 Asia-Pacific: Transformer Oil Market, By Type, 2014-2022 (USD Billion)
Table 35 Asia-Pacific: Transformer Oil Market, By Application, 2014-2022 (USD Billion)
Table 36 Asia-Pacific: Transformer Oil Market, By Country, 2014-2022 (USD Billion)
Table 37 China: Transformer Oil Market, By Type, 2014-2022 (USD Billion)
Table 38 China: Transformer Oil Market, By Application, 2014-2022 (USD Billion)
Table 39 India: Transformer Oil Market, By Type, 2014-2022 (USD Billion)
Table 40 India: Transformer Oil Market, By Application, 2014-2022 (USD Billion)
Table 41 Japan: Transformer Oil Market, By Type, 2014-2022 (USD Billion)
Table 42 Japan: Transformer Oil Market, By Application, 2014-2022 (USD Billion)
Table 43 Rest of Asia-Pacific: Transformer Oil Market, By Type, 2014-2022 (USD Billion)
Table 44 Rest of Asia-Pacific: Transformer Oil Market, By Application, 2014-2022 (USD Billion)
Table 46 Rest of the World: Transformer Oil Market, By Type, 2014-2022 (USD Billion)
Table 47 Rest of the World: Transformer Oil Market, By Application, 2014-2022 (USD Billion)
Table 48 Rest of the World: Transformer Oil Market, By Country, 2014-2022 (USD Billion)
Table 49 Brazil: Transformer Oil Market, By Type, 2014-2022 (USD Billion)
Table 50 Brazil: Transformer Oil Market, By Application, 2014-2022 (USD Billion)
Table 51 Argentina: Transformer Oil Market, By Type, 2014-2022 (USD Billion)
Table 52 Argentina: Transformer Oil Market, By Application, 2014-2022 (USD Billion)
Table 53 Saudi Arabia: Transformer Oil Market, By Type, 2014-2022 (USD Billion)
Table 54 Saudi Arabia: Transformer Oil Market, By Application, 2014-2022 (USD Billion)
Table 55 South Africa: Transformer Oil Market, By Type, 2014-2022 (USD Billion)
Table 56 South Africa: Transformer Oil Market, By Application, 2014-2022 (USD Billion)
Table 57 Others: Transformer Oil Market, By Type, 2014-2022 (USD Billion)
Table 58 Others: Transformer Oil Market, By Application, 2014-2022 (USD Billion)
Table 59 Transformer Oil, by Region, 2014-2016 (Units)
Table 60 Transformer Oil, by Key players, 2014-2016 (Units)
 
List of Figures

FIGURE 1 Global Transformer oil market segmentation
FIGURE 2 Forecast Methodology
FIGURE 3 Five Forces Analysis of Global Transformer Oil Market
FIGURE 4 Value Chain of Global Transformer Oil Market
FIGURE 5 Global Transformer oil Market: By Type, 2014-2022 (USD Billion)
FIGURE 6 Global Transformer oil Market: By Application, 2014-2022 (USD Billion)
FIGURE 7 Global Transformer oil Market: By Region, 2014-2022 (USD Billion)
FIGURE 8 Asia-Pacific Transformer oil Market: By Country, 2016 (%)
FIGURE 9 North America Transformer oil Market: By Country, 2016 (%)
FIGURE 10 Europe Transformer oil Market: By Country, 2016 (%)
FIGURE 11 Rest of the World Transformer oil Market: By Country, 2016 (%)
FIGURE 12 Transformer oil, by Region, 2016 (%)
FIGURE 13 Transformer oil, by Key players, 2016 (%)
FIGURE 14 Market Development Analyses, 2014-2016 (%)

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