New report sheds light on the Global Transformer Oil Market that is poised to grow at 9% CAGR to 2019

The analysts forecast the global transformer oil market to grow at a CAGR of 9.19% over the period 2015-2019. The report includes a discussion of the key vendors operating in this market.

About Global Transformer Oil Market: 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.

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.

Global Transformer Oil Market 2015-2019 research report 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.

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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

Market Challenge

  • Adoption of dry-type transformers

Market Trend

  • Inclination toward bio-based transformer oil

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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