Global Transformer Oil Market 2016-2020

  • ID: 3802169
  • Report
  • Region: Global
  • 61 pages
  • TechNavio
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FEATURED COMPANIES

  • Apar Industries
  • Cargill
  • Engen Petroleum
  • Ergon Energy
  • Hydrodec Group
  • Nynas
  • MORE
About Transformer Oil

Transformer oil is generally used as an insulation and arc-quenching medium in power and distribution transformers. Windings use cellulose insulation, which has a strong affinity for oxygen and is immersed in transformer oil to prevent oxidation. Transformer oil is produced by the fractional distillation and subsequent processing of crude oil. It also finds application in circuit breakers and switchgear that are traditional and use oil as the arc-quenching fluid.

The analysts forecast the global transformer oil market to grow at a CAGR of 8.96% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the global transformer oil market for 2016-2020. To calculate the market size, Technavio has considered the demand for transformer oil from power and distribution transformers across the globe.

The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

The report, Global Transformer Oil Market 2016-2020, 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 over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- Apar Industries
- Ergon Energy
- Nynas
- PetroChina
- Sinopec

Other prominent vendors
- Cargill
- Engen Petroleum
- Hydrodec Group
- San Joaquin Refining
- Valvoline

Market drivers
- T&D expansion leading to increase in transformer installations
- For a full, detailed list, view the full report

Market challenges
- Deterioration of transformer oil due to moisture ingress
- For a full, detailed list, view the full report

Market trends
- Environmentally friendly and more fire-resistant insulating liquids
- For a full, detailed list, view the full report

Key questions answered in this report
- What will the market size be in 2020 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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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Apar Industries
  • Cargill
  • Engen Petroleum
  • Ergon Energy
  • Hydrodec Group
  • Nynas
  • MORE
PART 01: Executive summary
  • Highlights
PART 02: Scope of the report
  • Market overview
PART 03: Market research methodology
  • Research methodology
  • Economic indicators
PART 04: Introduction
  • Key market highlights
PART 05: Market landscape
  • Market size and forecast
  • Five forces analysis
PART 06: Market drivers
  • T&D expansion leading to increase in transformer installations
  • Modernization of existing transformers
  • Renewable power generation capacity expansion
PART 07: Impact of drivers

PART 08: Market challenges
  • Deterioration of transformer oil due to moisture ingress
  • Corrosive nature of sulfur present in transformer oil
  • Emergence of dry-type transformers
PART 09: Impact of drivers and challenges

PART 10: Market trends
  • Environmentally friendly and more fire-resistant insulating liquids
  • Evolution of eco-efficient power transformers
  • Increasing popularity of bio-based and naphthenic transformer oil
PART 11: Market segmentation by product
  • Global mineral-based transformer oil market
  • Global silicone-based transformer oil market
  • Global bio-based transformer oil market
PART 12: Geographical segmentation
  • Transformer oil market in APAC
  • Transformer oils market in EMEA
  • Transformer oils market in Americas
PART 13: Vendor landscape
  • Competitive landscape
  • Other prominent vendors
PART 14: Key vendor analysis
  • Apar Industries
  • Ergon Energy
  • Nynas
  • PetroChina
  • Sinopec
PART 15: Appendix
  • Top-vendor offerings
PART 16: Appendix
  • List of abbreviations
PART 17: About the Author

List of Exhibits

Exhibit 01: Transformer oil types
Exhibit 02: Parameters of transformer oil
Exhibit 03: Key countries in each region
Exhibit 04: Global transformer oil market: Product type
Exhibit 05: Global transformer oil market: Geography
Exhibit 06: Impact of application sectors on global instrument transformer market 2015-2020
Exhibit 07: Five forces analysis
Exhibit 08: Power generation capacity addition in India 2013-2015 (GW)
Exhibit 09: Transformer capacity addition in India 2013-2015 (millions of MVA)
Exhibit 10: Impact of drivers
Exhibit 11: Reasons for moisture influx
Exhibit 12: Impact of drivers and challenges
Exhibit 13: Types of insulating liquids used in transformers
Exhibit 14: Advantages of alternative insulating liquids over mineral oil
Exhibit 15: Disadvantages of certain alternative insulating liquids
Exhibit 16: Seven green criteria covering three phases of product lifecycle
Exhibit 17: Conventional and green eco-efficient power transformers: A comparative study
Exhibit 18: Global transformer oil market: Product segmentation
Exhibit 19: Global mineral-based transformer oil market 2015-2020 ($ billions)
Exhibit 20: Global silicone-based transformer oil market 2015-2020 ($ millions)
Exhibit 21: Global bio-based transformer oil market 2015-2020 ($ millions)
Exhibit 22: Global transformer oil market: Geographic segmentation
Exhibit 23: T&D line length addition and refurbishment in APAC 2014-2035 (thousand miles)
Exhibit 24: Transformer oils market in APAC 2015-2020 ($ millions)
Exhibit 25: T&D line length addition and refurbishment in EMEA 2014-2035 (thousand miles)
Exhibit 26: Transformer oil market in EMEA 2015-2020 ($ millions)
Exhibit 27: T&D line length addition and refurbishment in Americas 2014-2035 (thousand miles)
Exhibit 28: Transformer oil market in Americas 2015-2020 ($ millions)
Exhibit 29: Key vendors
Exhibit 30: Other prominent vendors
Exhibit 31: Business segmentation, FY2015
Exhibit 32: PetroChina's product portfolio
Exhibit 33: Product offerings
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FEATURED COMPANIES

  • Apar Industries
  • Cargill
  • Engen Petroleum
  • Ergon Energy
  • Hydrodec Group
  • Nynas
  • MORE
New Report Released: – Global Transformer Oil Market 2016-2020

The author of the report recognizes the following companies as the key players in the global transformer oil market: Apar Industries, Ergon Energy, Nynas, PetroChina, and Sinopec.

Other Prominent Vendors in the market are: Cargill, Engen Petroleum, Hydrodec Group, San Joaquin Refining, and Valvoline.

Commenting on the report, an analyst from the research team said: “One trend that could lead to market growth will be the evolution of eco-efficient power transformers. Several transformer manufacturers have started to design and manufacture environment-friendly products based on customer demand. Customers need transformers that are negligibly hazardous to the environment and offer improved life cycle costs, with minimal maintenance requirements and enhanced service lifetime.”

According to the report, one of the key drivers for market growth will be expanding the capacity of renewable power generation. In 2014, renewable energy sources approximately accounted for about 59% of the net additions to the global power generation capacity. All geographic regions exhibited significant growth in this sector. Dominating renewable energy segments included wind, solar PV, and hydropower. By the end of 2014, renewable energy sources accounted for about 28% of the total power generation capacity, an increase of 6% from 2013, which was enough to produce approximately 23% of electricity generated globally.

Further, the report states that emergence of dry-type transformers will be a challenge for the market. Dry-type transformers find application in places that are prone to fire. Such places include residential complexes and commercial spaces, like shopping malls, hospitals, and airports. With urban society expanding across the globe, there has been an increasing need to expand the necessary infrastructure, which has led to a rise in the number of high-density residential areas, industrial complexes, and commercial spaces. This has compelled utility companies to focus on the design and laying of a complex T&D network to supply the requisite quantity of electric power to the end-users.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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- Apar Industries
- Ergon Energy
- Nynas
- PetroChina
- Sinopec
- Cargill
- Engen Petroleum
- Hydrodec Group
- San Joaquin Refining
- Valvoline
Note: Product cover images may vary from those shown
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