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Transformer Oil Market By Type (Mineral Oil-Based, Silicone-Based, Bio-Based Oil), By Application (Power Transformers, Distribution Transformers) - Growth, Share, Opportunities & Competitive Analysis, 2017 - 2025

This report titled “Transformer Oil Market - Growth, Future Prospects, and Competitive Analysis, 2017 – 2025” offers strategic insights into the trends in transformer oil market along with the market size and forecast for the duration 2017 to 2025. The said research study incorporates in-depth analysis of multiple market segments based type, application and geographical distribution.

The global transformer oil market is expected to witness high growth with increasing urbanization and growth in industrial electricity consumption due to increasing operational scale of industries and increasing penetration of electricity in rural areas due to various government initiatives is anticipated to propel the demand for transformer oil. Furthermore, emergence of environmental friendly transformer oil such as bio based transformer oil is projected to propel the demand for transformer oil market.

Key players in the transformer oil market accounting for the major share of the global transformer oil market. Further, rapid urbanization and increasing government initiatives for rural electrification in Asia Pacific is further anticipated to fuel the demand for transformer oil over the forecast period.

Rapid growth of this market has also resulted in creating further skilled job opportunities in major hubs spread across North America, Europe, Latin America, Middle East & Africa and Asia Pacific.

Based on type, the global transformer oil market is segmented as mineral oil-based, silicone-based and bio-based oil. By application, the global transformer oil market is segmented into power transformer, distribution transformer and others. In addition, transformer oil manufacturing companies, distributors and academic organizations form the major client types for transformer oil market. Market size (Mn Litrs.) (US$ Mn) and forecast for all the considered segmentation is presented in this report for the period 2015-2025 along with their respective CAGRs (%) for the forecast period 2017-2025.

In terms of geographical distribution, the global transformer oil market is a study for five major regions namely, North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Market size and forecast for each regional and country-level market are included in the report for the considered periods. To further elucidate, the geographical distribution of the global transformer oil market is performed as follows:

  • North America
    • U.S.
    • Canada
  • Europe
    • U.K.
    • Germany
    • Italy
    • France
    • Rest of Europe
  • Asia-Pacific
    • China
    • India
    • Japan
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East and Africa (MEA)
    • GCC
    • Rest of MEA

Along with the quantitative information sets, this report also provides qualitative information such as market dynamics and executive summary for the global transformer oil market. Tools such as competition assessment and attractive investment proposition are also included in the report to provide the readers with competitive mapping assistance. This study concludes with company profiles section. This section includes major information about the key companies engaged in development, and provision of transformer oil.

Based on the application, the global transformer oil market is segmented as follows:

  • Power Transformers
  • Distribution Transformers
  • Others

Transformer Oil Market

On the basis of application, the global transformer oil market can be segmented into power transformers, distribution transformers and others. In 2016, distribution transformers was observed to be the largest application segment in global transformer oils market. Increasing focus of governments to increase the penetration of electrical supply in rural areas especially in emerging economies including India, China, Brazil and in various African countries is projected to drive the growth of the segment. Further, rapid urbanization fueling the power demand which in turn is also projected to fuel the demand for distribution transformer during the forecast period (2017-2025).

For the purpose of this study, the global transformer oil market is categorized into:

  • North America
  • Europe
  • Asia Pacific
  • Latin America (LATAM)
  • Middle East and Africa (MEA)

Transformer Oil Market

On the basis of geography, global transformer oil market can be segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa. In 2016, Asia Pacific is estimated to hold largest share in global transformer oil market and projected to maintain its dominance over the forecast period. Rapid urbanization and prompt industrialization along with growing government initiatives in the region for rural electrification especially in China and India is projected to fuel the demand for the transformers in the region which in turn projected to fuel the demand for transformer oil in the region. Thus, the region is projected to witness high growth in demand for transformer oil over the forecast period (2017-2025).

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Published Date:  Jun 2017
Category:  Oil & Gas
Report ID:   58529
Report Format:   PDF
Pages:   120
Rating:    4.3 (40)
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