0 CHECKOUT

Transformer Oil Market by Type (Mineral- Naphthenic and Paraffinic), by Application (Small transformers, Large Transformers, Utility & Others), & Region (Asia-Pacific, North America, Europe, ROW) - Global Trends & Forecasts to 2020

  • ID: 3398250
  • September 2015
  • Region: Global, America, Europe, North America, United States
  • 139 Pages
  • Markets and Markets
1 of 5
The Transformer Oil Market Is Expected to Grow from USD 1.98 Billion in 2015 to USD 2.79 Billion by 2020

FEATURED COMPANIES

  • APAR Industries Limited
  • Cargill, Incorporated
  • Engen Petroleum Limited
  • Ergon Inc.
  • Hydrodec Group PLC
  • Nynas AB
  • MORE

Global transformer oil market growth is driven by the increasing electric demand in developing economies such as India, Brazil, and South Africa, which are expected to enhance their grid infrastructure to increase the electricity accessibility to the region’s population. In addition, rapidly increasing demands from various application industries and regions are generating several exciting markets opportunities for transformer oil.

The report has been segmented on the basis of application, type, and region as follows:-

On the basis of type:
- The report considers different types of transformer oil such as the emerging bio-based transformer oil, silicone-based transformer oil, and major type mineral based transformer oil including both naphthenic based and paraffinic based transformer oil.
On the basis of application:
- Under this segmentation, the report considers various applications such as small transformers, large transformers, utility and others.
On the basis of region:
- The regions analyzed in the report include Asia-Pacific, North America, Europe, and the Rest of the world. Developing regions such as Asia-Pacific and South America find a lucrative READ MORE >

Note: Product cover images may vary from those shown
2 of 5

FEATURED COMPANIES

  • APAR Industries Limited
  • Cargill, Incorporated
  • Engen Petroleum Limited
  • Ergon Inc.
  • Hydrodec Group PLC
  • Nynas AB
  • MORE

1 Introduction
1.1 Objectives of the Study
1.2 Market Definitions
1.3 Market Scope
1.3.1 Markets Covered (Sub-Segments Including GEO Segmentation)
1.3.2 Years Considered for the Study
1.4 Currency & Pricing
1.5 Package Size
1.6 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Key Industry Insights
2.1.2.3 Breakdown of Primaries
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.2 Top-Down Approach
2.3 Market Breakdown & Data Triangulation
2.4 Assumptions
2.4.1 Limitations

3 Executive Summary

4 Premium Insights
4.1 Asia-Pacific: The Largest Market During the Forecast Period
4.2 Transformer Oil Market Size, By Type, 2020 (‘000 Liters)
4.3 Transformer Oil is Used Extensively in Small Transformers
4.4 North America Transformer Oil Market
4.5 Life Cycle Analysis, By Region

5 Market Overview
5.1 Introduction
5.2 By Type
5.2.1 Mineral Transformer Oil
5.2.2 Silicone Transformer Oil
5.2.3 Bio-Based Transformer Oil
5.3 Transformer Oil, By Standards
5.3.1 American Society for Testing and Minerals (ASTM)
5.3.2 International Electrotechnical Commission (IEC)
5.3.3 British Standards (BS)
5.3.4 Canadian Standards Association (CSA)
5.4 Market Dynamics
5.4.1 Drivers
5.4.1.1 New Investments in the Power Sector in South Asia & Africa
5.4.1.2 Upgrade of Electric Grids in North America
5.4.1.3 Expansion of Electric Grids in Brics Nations
5.4.1.4 Increasing Demand From Oems
5.4.2 Restraints
5.4.2.1 Increasing Demand for Dry Type Transformers
5.4.2.2 Corrosive Effect of Sulfur Present in Transformer Oil
5.4.3 Opportunities
5.4.3.1 Rising Power Requirement in Asia-Pacific & Africa
5.4.3.2 Upcoming Power Projects in Brazil, India, China, & Russia
5.4.3.3 Increasing Demand of Bio-Based Transformer Oil
5.4.4 Challenges
5.4.4.1 Volatile Crude Oil Prices
5.4.5 Supply Chain Analysis
5.5 Porter’s Five Forces Analysis
5.5.1 Threat of New Entrants
5.5.2 Threat of Substitutes
5.5.3 Bargaining Power of Suppliers
5.5.4 Bargaining Power of Buyers
5.5.5 Intensity of Competitive Rivalry

6 Transformer Oil Market, By Type
6.1 Introduction
6.2 Market Analysis By Type
6.2.1 Mineral Oil-Based
6.2.1.1 Naphthenic Mineral Oil-Based
6.2.1.2 Paraffinic Mineral Oil-Based
6.2.2 Silicone-Based
6.2.3 Bio-Based Oil

7 Transformer Oil Market, By Application
7.1 Introduction
7.2 By Application
7.2.1 Small Transformers: Highest Consuming Application Segment
7.3 Transformer Oil Applications
7.3.1 Small Transformers
7.3.2 Large Transformers
7.3.3 Utility
7.3.4 Others

8 Transformer Oil Market, By Region
8.1 Introduction
8.2 Regional Analysis
8.3 Transformer Oils: Prominent Regional Markets
8.4 Asia-Pacific
8.4.1 Asia-Pacific: Biggest Market for Transformer Oils
8.4.2 China
8.4.3 India
8.4.4 Japan
8.4.5 Rest of Asia-Pacific
8.5 North America
8.5.1 North America: Potential Market for Bio-Based Dielectric Fluids
8.5.2 U.S.
8.5.3 Mexico
8.5.4 Canada
8.5.5 By Type
8.6 Europe
8.6.1 Russia
8.6.2 Germany
8.6.3 France
8.6.4 U.K.
8.6.5 Rest of Europe
8.6.6 By Type
8.7 Rest of the World
8.7.1 Brazil
8.7.2 Saudi Arabia
8.7.3 Argentina
8.7.4 South Africa
8.7.5 Others
8.7.6 By Type

9 Competitive Landscape
9.1 Overview
9.2 Market Share Analysis, 2014
9.3 Competitive Situation & Trends
9.4 Expansions
9.5 Contracts & Agreements
9.6 Mergers & Acquisitions
9.7 Others
9.8 New Product Developments

10 Company Profiles (Company at A Glance, Recent Financials, Products & Services, Strategies & Insights, & Recent Developments)*
10.1 Introduction
10.2 Nynas AB
10.3 Ergon Inc.
10.4 Petrochina Company Limited
10.5 APAR Industries Limited
10.6 Calumet Specialty Products Partners, L.P.
10.7 Sinopec Corporation
10.8 Hydrodec Group PLC
10.9 Cargill, Incorporated
10.10 Engen Petroleum Limited
10.11 Valvoline
10.12 San Joaquin Refining Co., Inc.
10.13 Gandhar Oil Refinery India Limited

*Details on Company at A Glance, Recent Financials, Products & Services, Strategies & Insights, & Recent Developments Might Not Be Captured in Case of Unlisted Companies.

11 Appendix
11.1 Insights of Industry Experts
11.2 Other Developments, 2011-2015
11.3 Discussion Guide
11.4 Introducing RT: Real Time Market Intelligence
11.5 Available Customizations
11.6 Related Reports

List of Tables
Table 1 Transformer Oil Break-Down Voltages
Table 2 Cumulative Energy Supply Investment, 2012 (USD Billion)
Table 3 Installed Capacity in Brics Nations
Table 4 Transformer Oil Market Size, By Type, 2013-2020 ('000 Liters)
Table 5 Transformer Oil Market Size, By Type, 2013-2020 (USD Million)
Table 6 Mineral Oil-Based Transformer Oil Market Size, By Region, 2013-2020 ('000 Liters)
Table 7 Mineral Oil-Based Transformer Oil Market Size, By Region, 2013-2020 (USD Million)
Table 8 Naphthenic Mineral Oil-Based Transformer Oil Market Size, By Region, 2013-2020 ('000 Liters)
Table 9 Naphthenic Mineral Oil-Based Transformer Oil Market Size, By Region, 2013-2020 (USD Million)
Table 10 Paraffinic Mineral Oil-Based Transformer Oil Market Size, By Region, 2013-2020 ('000 Liters)
Table 11 Paraffinic Mineral Oil-Based Transformer Oil Market Size, By Region, 2013-2020 (USD Million)
Table 12 Silicone-Based Transformer Oil Market Size, By Region, 2013-2020 ('000 Liters)
Table 13 Silicone-Based Transformer Oil Market Size, By Region, 2013-2020 (USD Million)
Table 14 Bio-Based Transformer Oil Market Size, By Region, 2013-2020 ('000 Liters)
Table 15 Bio-Based Transformer Oil Market Size, By Region, 2013-2020 (USD Million)
Table 16 Transformer Oil Market Size, By Application, 2013-2020 (‘000 Liters)
Table 17 Transformer Oil Market Size, By Application, 2013-2020 (USD Million)
Table 18 Transformer Oil Market Size, By Region, 2013-2020 (’000 Liters)
Table 19 Transformer Oil Market Size, By Region, 2013-2020 (USD Million)
Table 20 Asia-Pacific: Transformer Oil Market Size, By Country, 2013-2020 (’000 Liters)
Table 21 Asia-Pacific: Transformer Oil Market Size, By Country, 2013-2020 (USD Million)
Table 22 China: Transformer Oil Market Size, By Type, 2013-2020 (’000 Liters)
Table 23 China: Transformer Oil Market Size, By Type, 2013-2020 (USD Million)
Table 24 India: Transformer Oil Market Size, By Type, 2013-2020 (’000 Liters)
Table 25 India: Transformer Oil Market Size, By Type, 2013-2020 (USD Million)
Table 26 Japan: Transformer Oil Market Size, By Type, 2013-2020 (’000 Liters)
Table 27 Japan: Transformer Oil Market Size, By Type, 2013-2020 (USD Million)
Table 28 Rest of Asia-Pacific: Transformer Oil Market, By Type, 2013-2020 (’000 Liters)
Table 29 Rest of Asia-Pacific: Transformer Oil Market Size, By Type, 2013-2020 (USD Million)
Table 30 North America: Transformer Oil Market Share, By Country, 2013-2020 (’000 Liters)
Table 31 North America: Transformer Oil Market Size, By Country, 2013-2020 (USD Million)
Table 32 U.S.: Transformer Oil Market Size, By Type, 2013-2020 (’000 Liters)
Table 33 U.S.: Transformer Oil Market Size, By Type, 2013-2020 (USD Million)
Table 34 Mexico: Transformer Oil Market Size, By Type, 2013-2020 (’000 Liters)
Table 35 Mexico: Transformer Oil Market Size, By Type, 2013-2020 (USD Million)
Table 36 Canada: Transformer Oil Market Size, By Type, 2013-2020 (’000 Liters)
Table 37 Canada: Transformer Oil Market Size, By Type, 2013-2020 (USD Million)
Table 38 North America: Transformer Oil Market Size, By Type, 2013-2020 (’000 Liters)
Table 39 North America: Transformer Oil Market Size, By Type, 2013-2020 (USD Million)
Table 40 Europe: Transformer Oil Market Size, By Country, 2013-2020 (’000 Liters)
Table 41 Europe: Transformer Oil Market Size, By Country, 2013-2020 (USD Million)
Table 42 Russia: Transformer Oil Market Size, By Type, 2013-2020 (’000 Liters)
Table 43 Russia: Transformer Oil Market Size, By Type, 2013-2020 (USD Million)
Table 44 Germany: Transformer Oil Market Size, By Type, 2013-2020 (’000 Liters)
Table 45 Germany: Transformer Oil Market Size , By Type, 2013-2020 (USD Million)
Table 46 France: Transformer Oil Market Size, By Type, 2013-2020 (’000 Liters)
Table 47 France: Transformer Oil Market Size, By Type, 2013-2020 (USD Million)
Table 48 U.K.: Transformer Oil Market Size, By Type, 2013-2020 (’000 Liters)
Table 49 U.K.: Transformer Oil Market Size, By Type, 2013-2020 (USD Million)
Table 50 Rest of Europe: Transformer Oil Market Size, By Type, 2013-2020 (’000 Liters)
Table 51 Rest of Europe: Transformer Oil Market Size, By Type, 2013-2020 (USD Million)
Table 52 Europe: Transformer Oil Market Size, By Type, 2013-2020 (’000 Liters)
Table 53 Europe: Transformer Oil Market Size, By Type, 2013-2020 (USD Million)
Table 54 RoW: Transformer Oil Market Share, By Country, 2013-2020 ('000 Liters)
Table 55 RoW: Transformer Oil Market Size, By Country, 2013-2020 (USD Million)
Table 56 Brazil: Transformer Oil Market Size, By Type, 2013-2020 ('000 Liters)
Table 57 Brazil: Transformer Oil Market Size, By Type, 2013-2020 (USD Million)
Table 58 Saudi Arabia: Transformer Oil Market Size, By Type, 2013-2020 ('000 Liters)
Table 59 Saudi Arabia: Transformer Oil Market Size , By Type, 2013-2020 (USD Million)
Table 60 Argentina: Transformer Oil Market Size, By Type, 2013-2020 ('000 Liters)
Table 61 Argentina: Transformer Oil Market Size , By Type, 2013-2020 (USD Million)
Table 62 South Africa: Transformer Oil Market Size, By Type, 2013-2020 ('000 Liters)
Table 63 South Africa: Transformer Oil Market Size, By Type, 2013-2020 (USD Million)
Table 64 Others: Transformer Oil Market Size, By Type, 2013-2020 ('000 Liters)
Table 65 Others: Transformer Oil Market Size , By Type, 2013-2020 (USD Million)
Table 66 Rest of the World: Transformer Oil Market Size, By Type, 2013-2020 ('000 Liters)
Table 67 Rest of the World: Transformer Oil Market Size , By Type, 2013-2020 (USD Million)
Table 68 Expansion, 2015
Table 69 Contracts & Agreements, 2014-2015
Table 70 Mergers & Acquisitions, 2013-2015
Table 71 Others, 2014-2015
Table 72 New Product Developments, 2011

List of Figures
Figure 1 Markets Covered: Transformer Oil Market
Figure 2 Transformer Oil Market: Research Design
Figure 3 Breakdown of Primary Interviews: By Company, Designation, & Region
Figure 4 Market Size Estimation Methodology: Bottom-Up Approach
Figure 5 Market Size Estimation Methodology: Top-Down Approach
Figure 6 Market Breakdown & Data Triangulation
Figure 7 Assumptions
Figure 8 Limitations
Figure 9 Transformer Oil Market Size Snapshot, 2015 vs 2020 (USD Million) Period
Figure 10 Transformer Oil Market Share (Value), By Type, 2015 & 2020
Figure 11 Transformer Oil Market Size, By Application, 2015-2020 (‘000 Litres)
Figure 12 Transformer Oil Market Share (Value), 2014*
Figure 13 The Chinese Market is Projected to Grow at the Highest Cagr During the Forecast Period
Figure 14 Attractive Market Opportunities in the Transformer Oil Market (USD Million)
Figure 15 Transformer Oil Market Share (Volume), By Region, 2015-2020
Figure 16 Asia-Pacific to Continue Dominating the Transformer Oil Market in the During the Forecast Period
Figure 17 Use of Transformer Oil in Utility Application Segment is Expected to Grow at the Fastest Rate During the Forecast Period
Figure 18 U.S. Transformer Oil Accounted for the Largest Share in the North America Market in 2014
Figure 19 Asia-Pacific Market is Expected to Grow at the Fastest Rate During the Forecast Period
Figure 20 Market Segmentation: Transformer Oil Market
Figure 21 Expansion of Electric Grids is Driving the Transformer Oil Market
Figure 22 Transformer Oil Market: Supply Chain Analysis
Figure 23 Porter’s Five Forces Analysis: Transformer Oil Market
Figure 24 Transformer Oil Market Size, By Region & Type, 2013-2020 (‘000 Liters)
Figure 25 Transformer Oil Market Size (Value), By Application, 2015 vs 2020
Figure 26 Asia-Pacific is Expected to Continue to Dominate the Transformer Oil Market Share (By Value), By Region, 2015 vs 2020
Figure 27 Brics Nations are Expected to Be Prominent Regional Markets in 2015
Figure 28 Europe: Transformer Oil Market Share (By Value), By Country, 2015
Figure 29 Companies Adopted Contracts & Agreements as the Key Growth Strategy (2011-2015)
Figure 30 Nynas AB Accounted for A Major Share in the Transformer Oil Market, 2014
Figure 31 Market Evaluation Framework
Figure 32 Battle for Market Share: Expansions is the Key Strategy
Figure 33 Regional Revenue Mix of Top 5 Market Players
Figure 34 Nynas AB: Company Snapshot
Figure 35 Ergon Inc.: Company Snapshot
Figure 36 Petrochina Company Limited: Company Snapshot
Figure 37 APAR Industries Limited: Company Snapshot
Figure 38 Calumet Specialty Products Partners, L.P.: Company Snapshot
Figure 39 Sinopec Corporation: Company Snapshot
Figure 40 Hydrodec Group PLC: Company Snapshot
Figure 41 Cargill, Incorporated: Company Snapshot
Figure 42 Valvoline: Company Snapshot

Note: Product cover images may vary from those shown
3 of 5

FEATURED COMPANIES

  • APAR Industries Limited
  • Cargill, Incorporated
  • Engen Petroleum Limited
  • Ergon Inc.
  • Hydrodec Group PLC
  • Nynas AB
  • MORE

Increasing demand for the dry type transformers and the corrosive effect of sulfur present in transformer oil are major restraints for the transformer oil market. To counter the economic slump in European countries, transformer oil manufacturers are trying to expand their geographic presence and market penetration in other regions through the launch of new and advanced products and technologies.

The transformer oil market has exhibited steady growth over the last few years because of its increasing application in small transformers, large transformers, and utilities in emerging economies such as China and India. National utility companies across the world continue to invest in their power grids in order to meet the increasing demand of end-users giving scope for transformer oil market.

Small transformer is the largest application segment of the transformer oil market. With national governments ramping up power generation capabilities, the demand for transformer oil is expected to increase. The increasing demand from OEMs, coupled with expansion of electric grids in BRICS nations is expected to drive the global transformer oil market.

Mineral-based transformer oil is the most widely used transformer oil having occupied the largest market share in 2014. However, the demand of bio-based transformer oil is expected to increase in the near future due to environmental benefits and superior operational advantages.

Note: Product cover images may vary from those shown
4 of 5

- APAR Industries Limited
- Calumet Specialty Products Partners, L.P.
- Cargill, Incorporated
- Engen Petroleum Limited
- Ergon Inc.
- Gandhar Oil Refinery India Limite
- Hydrodec Group PLC
- Nynas AB
- Petrochina Company Limited
- San Joaquin Refining Co., Inc.
- Sinopec Corporation
- Valvoline

Note: Product cover images may vary from those shown
5 of 5
Note: Product cover images may vary from those shown

PLEASE SELECT A FORMAT

  • Quick Help: The report will be emailed to you. The report is sent in PDF format. This is a single user license, allowing one specific user access to the product.

  • Quick Help: The report will be emailed to you. The report is sent in PDF format. This is a 1-5 user licence, allowing up to five users have access to the product.

  • Quick Help: The report will be emailed to you. The report is sent in PDF format. This is a site license, allowing all users within a given geographical location of your organisation access to the product.

  • Quick Help: The report will be emailed to you. The report is sent in PDF format. This is an enterprise license, allowing all employees within your organisation access to the product.

HAVE A QUESTION?

If you have a more general question about our products please try our

FAQ SECTION

RELATED PRODUCTS from Cache

Our Clients

  • Lukoil Oil Company
  • BP Plc.
  • Royal Dutch Shell PLC
  • Endesa S.A.
  • E.ON SE
  • Sasol Limited