Materials & Chemicals

Global Transformer Oil Market 2015-2019

  • TEC250615
  • 65 Pages
  • June 2015
  • Materials & Chemicals
About transformer oil

Transformer oil is manufactured by fractional distillation and the subsequent processing of crude oil. It acts as a dielectric medium in oil-filled transformers (both power and distribution transformers) to cool and insulate transformer windings and core. The oil insulates and cools the core and windings of a transformer. The insulations on the windings are made from cellulose material, which have a strong affinity toward oxygen. The windings are immersed completely into the oil, which prevents them from oxidation. There are mainly three types of transformer oils: mineral-based, silicone-based, and bio-based. Of these, mineral-based transformer oil is preferred due to its good electrical and cooling properties and cost-effectiveness.

Technavios analysts forecast the global transformer oil market to grow at a CAGR of 9.19% over the period 2015-2019.

Covered in this report

This report covers the present scenario and the growth prospects of the global transformer oil market during the period 2015-2019. For ascertaining the market size and vendor share, the report considers revenue generated from the sales of transformer oil.

Technavio's report, the Global Transformer Oil Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.

Key vendors
Calumet Specialty Products Partners
Ergon
Nynas
PetroChina
Sinopec Corp.

Other prominent vendors
Apar Industries
Cargill
Dow Corning
Engen
Hydrodec
San Joaquin Refining

Market driver
Demand for electric power from developing countries
For a full, detailed list, view our report

Market challenge
Adoption of dry-type transformers
For a full, detailed list, view our report

Market trend
Inclination toward bio-based transformer oil
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2019 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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