Transformer Oil Market Revenue Is To Be Reach $4.05 Billion By 2025 | CAGR: 11.5%
“The Global Transformer Oil Market size was estimated at USD 1.56 billion in 2016 and is likely to grow at a rate of 11.5% from 2017 to 2025.�
The global Transformer Oil Market is expected to reach USD 4.05 billion by 2025, according to a new report by Grand View Research, Inc. Rural electrification in emerging economies and expanding manufacturing sites have driven energy needs and boosted transformers growth, subsequently contributing to oils demand in recent years. Access Full Research Report on Global Transformer Oil Market : http://www.grandviewresearch.com/industry-analysis/transformer-oil-market These products possess excellent insulative and electrical properties, oxidative stability and controlled low or negative gassing tendency. Crude oil is the major raw material, leading to price volatility owing to supply fluctuation in the global market. Political instability and crashing crude prices have driven industry growth in recent years, as consumers are opting for bulk volume purchases. Technological advancements and increasing R&D initiatives by prominent industry players have also contributed to market expansion in recent years. Cargill is one such
Follow Us:
innovator, which was even awarded the Presidential Green Chemistry Challenge Award by the U.S. Environmental Protection Agency (EPA) for the development of Envirotemp FR3 transformer oils from natural esters. Mineral-based products dominated the market in 2016, accounting for over 82% of the volume share. The highest contribution was observed from the paraffinic base subsegment. These products are available on a global scale and are compatible with most electrical equipment. However, bio-based products are expected to grow at a rapid pace owing to increasing awareness regarding sustainability and recyclability. Further key findings from the study suggest:
High demand for silicone based oils owing to their self-extinguishing capability which makes them suitable for high risk environments with potential fire hazards. Silicones also contribute to extended transformer life since they do not break down or require significant maintenance.
Bio-based is expected to emerge as the fastest growing product, with an approximate CAGR of 14%, driven largely by rising sustainably awareness and stringent regulations promoting lower carbon emissions and higher energy conservation
Asia Pacific is the leading consumer with high growth in emerging economies such as India and China, who are aiming to provide electricity distribution infrastructure & networks to undeveloped rural areas in order to bolster economic progress.
Replacement of existing, old transformers with new ones, and technological upgradation of the same are expected to provide ample lucrative opportunities in developing regions
Major players include BASF SE, Dairen Chemical Corporation, Nynas AB, Ergon Inc., Valvoline, PetroChina Company Ltd, Sinopec Corporation and Cargill Inc.
Grand View Research has segmented the global Transformer Oil Market on the basis of product, application, and region: Read Our Blogs on Reports from this category By Grand View Research: http://www.grandviewresearch.com/blogs/energy-and-power
Follow Us:
Table of Content of Global Transformer Oil Market Research Report: Chapter 1 Methodology and Scope 1.1 Research methodology 1.2 Research scope and assumptions 1.3 List of data sources 1.4 List of abbreviations Chapter 2 Executive Summary 2.1 Market snapshot Chapter 3 Transformer Oil Market Variables, Trends & Scope 3.1 Market segmentation 3.2 Penetration & growth prospect mapping, 2014 - 2025 3.3 Transformer oil market - value chain analysis 3.4 Regulatory framework 3.5 Technology overview 3.6 Transformer oil market dynamics 3.6.1 Market driver analysis 3.6.1.1 Rapid electrification of rural areas 3.6.1.2 Increasing investments in power sector 3.6.2 Market restraint analysis 3.6.2.1 Crude oil price volatility 3.6.2.2 Easy contamination of transformer oil 3.7 Key opportunities prioritized 3.7.1 New market avenues 3.8 Industry analysis - Porter’s 3.9 Transformer oil market - PESTEL analysis
Follow Us:
Chapter 4 Transformer Oil Market: Product Estimates & Trend Analysis 4.1 Product market introduction, 2016 & 2025 4.2 Mineral-based transformer oils 4.2.1 Market estimates & forecast, 2014 - 2025 (Kilo Tons) (USD Million) 4.2.2 Market estimates & forecast by region, 2014 - 2025 (Kilo Tons) (USD Million) 4.2.3 Market estimates & forecast by product type, 2014 - 2025 (Kilo Tons) (USD Million) 4.2.3.1 Naphthenic based transformer oils 4.2.3.2 Paraffinic based transformer oils 4.3 Silicone-based transformer oils 4.3.1 Market estimates & forecast, 2014 - 2025 (Kilo Tons) (USD Million) 4.3.2 Market estimates & forecast by region, 2014 - 2025 (Kilo Tons) (USD Million) 4.4 Bio-based transformer oils 4.4.1 Market estimates & forecast, 2014 - 2025 (Kilo Tons) (USD Million) 4.4.2 Market estimates & forecast by region, 2014 - 2025 (Kilo Tons) (USD Million) Chapter 5 Transformer Oil Market: Application Estimates & Trend Analysis 5.1 Application market introduction, 2016 & 2025 5.2 Small-scale transformers 5.2.1 Market estimates & forecast, 2014 - 2025 (Kilo Tons) (USD Million) 5.2.2 Market estimates & forecast, by region, 2014 - 2025 (Kilo Tons) (USD Million) 5.3 Large-scale transformers 5.3.1 Market estimates & forecast, 2014 - 2025 (Kilo Tons) (USD Million) 5.3.2 Market estimates & forecast, by region, 2014 - 2025 (Kilo Tons)
Follow Us:
(USD Million) 5.4 Utility transformer oils 5.4.1 Market estimates & forecast, 2014 - 2025 (Kilo Tons) (USD Million) 5.4.2 Market estimates & forecast, by region, 2014 - 2025 (Kilo Tons) (USD Million) 5.5 Other applications 5.5.1 Market estimates & forecast, 2014 - 2025 (Kilo Tons) (USD Million) 5.5.2 Market estimates & forecast, by region, 2014 - 2025 (Kilo Tons) (USD Million) Chapter 6 Transformer Oil Market: Regional Estimates & Trend Analysis 6.1 Regional market introduction, 2015 & 2025 6.2 North America 6.2.1 Market estimates & forecast, 2014 - 2025 (Kilo Tons) (USD Million) 6.2.2 Market estimates & forecast, by product, 2014 - 2025 (Kilo Tons) (USD Million) 6.2.3 Market estimates & forecast, by application, 2014 - 2025 (Kilo Tons) (USD Million) 6.2.4 U.S. 6.2.4.1 Market estimates & forecast, 2014 - 2025 (Kilo Tons) (USD Million) 6.2.4.2 Market estimates & forecast, by product, 2014 - 2025 (Kilo Tons) (USD Million) 6.2.4.3 Market estimates & forecast, by application, 2014 - 2025 (Kilo Tons) (USD Million) 6.2.5 Canada 6.2.5.1 Market estimates & forecast, 2014 - 2025 (Kilo Tons) (USD Million)
Follow Us:
6.2.5.2 Market estimates & forecast, by product, 2014 - 2025 (Kilo Tons) (USD Million) 6.2.5.2.1 Market estimates & forecast, by product, 2014 - 2025 (Kilo Tons) (USD Million) 6.2.5.3 Market estimates & forecast, by application, 2014 - 2025 (Kilo Tons) (USD Million) 6.3 Europe 6.3.1 Market estimates & forecast, 2014 - 2025 (Kilo Tons) (USD Million) 6.3.2 Market estimates & forecast, by product, 2014 - 2025 (Kilo Tons) (USD Million) 6.3.3 Market estimates & forecast, by application, 2014 - 2025 (Kilo Tons) (USD Million) 6.3.4 Germany 6.3.4.1 Market estimates & forecast, 2014 - 2025 (Kilo Tons) (USD Million) 6.3.4.2 Market estimates & forecast t, by product, 2014 - 2025 (Kilo Tons) (USD Million) 6.3.4.3 Market estimates & forecast, by application, 2014 - 2025 (Kilo Tons) (USD Million) 6.3.5 France 6.3.5.1 Market estimates & forecast, 2014 - 2025 (Kilo Tons) (USD Million) 6.3.5.2 Market estimates & forecast, by product, 2014 - 2025 (Kilo Tons) (USD Million) 6.3.5.3 Market estimates & forecast, by application, 2014 - 2025 (Kilo Tons) (USD Million) 6.3.6 UK
Follow Us:
6.3.6.1 Market estimates & forecast, 2014 - 2025 (Kilo Tons) (USD Million) 6.3.6.2 Market estimates & forecast, by product, 2014 - 2025 (Kilo Tons) (USD Million) 6.3.6.3 Market estimates & forecast, by application, 2014 - 2025 (Kilo Tons) (USD Million) 6.3.7 Italy 6.3.7.1 Market estimates & forecast, 2014 - 2025 (Kilo Tons) (USD Million) 6.3.7.2 Market estimates & forecast, by product, 2014 - 2025 (Kilo Tons) (USD Million) 6.3.7.3 Market estimates & forecast, by application, 2014 - 2025 (Kilo Tons) (USD Million) 6.3.8 Russia 6.3.8.1 Market estimates & forecast, 2014 - 2025 (Kilo Tons) (USD Million) 6.3.8.2 Market estimates & forecast, by product, 2014 - 2025 (Kilo Tons) (USD Million) 6.3.8.3 Market estimates & forecast, by application, 2014 - 2025 (Kilo Tons) (USD Million) 6.4 Asia Pacific 6.4.1 Market estimates & forecast, 2014 - 2025 6.4.2 Market estimates & forecast, by product, 2014 - 2025 (Kilo Tons) (USD Million) 6.4.3 Market estimates & forecast, by application, 2014 - 2025 (Kilo Tons) (USD Million) 6.4.4 China
Follow Us:
6.4.4.1 Market estimates & forecast, 2014 - 2025 (Kilo Tons) (USD Million) 6.4.4.2 Market estimates & forecast, by product, 2014 - 2025 (Kilo Tons) (USD Million) 6.4.4.3 Market estimates & forecast, by application, 2014 - 2025 (Kilo Tons) (USD Million) 6.4.5 India 6.4.5.1 Market estimates & forecast, 2014 - 2025 (Kilo Tons) (USD Million) 6.4.5.2 Market estimates & forecast, by product, 2014 - 2025 (Kilo Tons) (USD Million) 6.4.5.3 Market estimates & forecast, by application, 2014 - 2025 (Kilo Tons) (USD Million) 6.4.6 Japan 6.4.6.1 Market estimates & forecast, 2014 - 2025 (Kilo Tons) (USD Million) 6.4.6.2 Market estimates & forecast, by product, 2014 - 2025 (Kilo Tons) (USD Million) 6.4.6.3 Market estimates & forecast, by application, 2014 - 2025 (Kilo Tons) (USD Million) 6.5 Latin America 6.5.1 Market estimates & forecast, 2014 - 2025 (Kilo Tons) (USD Million) 6.5.2 Market estimates & forecast, by product, 2014 - 2025 (Kilo Tons) (USD Million) 6.5.3 Market estimates & forecast, by application, 2014 - 2025 (Kilo Tons) (USD Million) 6.5.4 Brazil
Follow Us:
6.5.4.1 Market estimates & forecast, 2014 - 2025 (Kilo Tons) (USD Million) 6.5.4.2 Market estimates & forecast, by product, 2014 - 2025 (Kilo Tons) (USD Million) 6.5.4.3 Market estimates & forecast, by application, 2014 - 2025 (Kilo Tons) (USD Million) 6.5.5 Mexico 6.5.5.1 Market estimates & forecast, 2014 - 2025 (Kilo Tons) (USD Million) 6.5.5.2 Market estimates & forecast, by product, 2014 - 2025 (Kilo Tons) (USD Million) 6.5.5.3 Market estimates & forecast, by application, 2014 - 2025 (Kilo Tons) (USD Million) 6.6 Middle East & Africa (MEA) 6.6.1 Market estimates & forecast, 2014 - 2025 (Kilo Tons) (USD Million) 6.6.2 Market estimates & forecast, by product, 2014 - 2025 (Kilo Tons) (USD Million) 6.6.3 Market estimates & forecast, by application, 2014 - 2025 (Kilo Tons) (USD Million) 6.6.4 Saudi Arabia 6.6.4.1 Market estimates & forecast, 2014 - 2025 (Kilo Tons) (USD Million) 6.6.4.2 Market estimates & forecast, by product, 2014 - 2025 (Kilo Tons) (USD Million) 6.6.4.3 Market estimates & forecast, by application, 2014 - 2025 (Kilo Tons) (USD Million) 6.6.5 UAE
Follow Us:
6.6.5.1 Market estimates & forecast, 2014 - 2025 (Kilo Tons) (USD Million) 6.6.5.2 Market estimates & forecast, by product, 2014 - 2025 (Kilo Tons) (USD Million) 6.6.5.3 Market estimates & forecast, by application, 2014 - 2025 (Kilo Tons) (USD Million) 6.6.6 Oman 6.6.6.1 Market estimates & forecast, 2014 - 2025 (Kilo Tons) (USD Million) 6.6.6.2 Market estimates & forecast, by product, 2014 - 2025 (Kilo Tons) (USD Million) 6.6.6.3 Market estimates & forecast, by application, 2014 - 2025 (Kilo Tons) (USD Million) Chapter 7 Competitive Landscape 7.1 Transformer oil company heat map analysis 7.2 Vendor Landscape 7.3 Competitive environment 7.4 Strategy framework Chapter 8 Company Profiles 8.1 Sinopec Lubricant Company 8.1.1 Company Overview 8.1.2 Financial Performance 8.1.3 Product Benchmarking 8.1.4 Strategic Initiatives 8.2 Valvoline 8.2.1 Company Overview 8.2.2 Financial Performance
Follow Us:
8.2.3 Product Benchmarking 8.2.4 Strategic Initiatives 8.3 Cargill Inc. 8.3.1 Company Overview 8.3.2 Financial Performance 8.3.3 Product Benchmarking 8.3.4 Strategic Initiatives 8.4 Nynas AB 8.4.1 Company Overview 8.4.2 Financial Performance 8.4.3 Product Benchmarking 8.4.4 Strategic Initiatives 8.5 Ergon International Inc. 8.5.1 Company Overview 8.5.2 Financial Performance 8.5.3 Product Benchmarking 8.5.4 Strategic Initiatives 8.6 PetroChina Lubricant Company 8.6.1 Company Overview 8.6.2 Financial Performance 8.6.3 Product Benchmarking 8.7 Calumet Specialty Products 8.7.1 Company Overview 8.7.2 Financial Performance 8.7.3 Product Benchmarking 8.7.4 Strategic Initiatives 8.8 Apar Industries Ltd.
Follow Us:
8.8.1 Company Overview 8.8.2 Financial Performance 8.8.3 Product Benchmarking 8.8.4 Strategic Initiatives 8.9 Engen Petroleum Ltd. 8.9.1 Company Overview 8.9.2 Financial Performance 8.9.3 Product Benchmarking 8.10 Hydrodec Group Plc. 8.10.1 Company Overview 8.10.2 Financial Performance 8.10.3 Product Benchmarking 8.10.4 Strategic Initiatives 8.11 San Joaquin Refining Co. Ltd. 8.11.1 Company Overview 8.11.2 Financial Performance 8.11.3 Product Benchmarking 8.12 Royal Dutch Shell 8.12.1 Company Overview 8.12.2 Financial Performance 8.12.3 Product Benchmarking 8.12.4 Strategic Initiatives 8.13 Hyrax Oil Sdn Bhd 8.13.1 Company Overview 8.13.2 Financial Performance 8.13.3 Product Benchmarking 8.13.4 Strategic Initiatives
Follow Us:
8.14 HILUBO Oil Co. Ltd. 8.14.1 Company Overview 8.14.2 Financial Performance 8.14.3 Product Benchmarking 8.15 Eden Oil 8.15.1 Company Overview 8.15.2 Financial Performance 8.15.3 Product Benchmarking 8.16 Emirates Lube Oil Company 8.16.1 Company Overview 8.16.2 Financial Performance 8.16.3 Product Benchmarking 8.17 Electrical Oil Services 8.17.1 Company Overview 8.17.2 Financial Performance 8.17.3 Product Benchmarking 8.17.4 Strategic Initiatives About Grand View Research, Inc.:
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
Follow Us:
Contact: Sherry James Corporate Sales Specialist, USA Grand View Research, Inc Phone: 1-415- 349-0058 Toll Free: 1-888- 202-9519 Email: sales@grandviewresearch.com For More Information: http://www.grandviewresearch.com
Follow Us: