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

Published By: Brisk Insights | Published On: Jul 22, 2022

 

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 type, the global transformer oil market is segmented as follows:

 

  • Mineral Oil-Based
  • Silicone-Based
  • Bio-Based Oil

 

On the basis of type, the global transformer oil market can be segmented into mineral oil-based, silicone-based and bio-based oil. In 2016, mineral oil-based segment accounted for the largest revenue share in the global transformer oil market. Mineral oil-based transformer oil is widely used transformer oil used in transformers. Affordable prices and easy availability increasing adaptability of the mineral based transformer oil which is expected to fuel the growth of the segment during the forecast period. Bio based transformer oil is projected to be the fastest growing segment in global transformer oil market. Favorable regulation along with growing inclination towards the use of renewables especially in developed economies of Europe is anticipated fuel the growth of the segment during the forecast period (2017-2025).

 

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

 

  • Power Transformers
  • Distribution Transformers
  • Others

 

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)

 

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).

 

1. Preface


1.1. Report Scope and Description
1.2. Research Methodology
1.2.1. Phase I-Secondary Research
1.2.2. Phase II-Primary Research
1.2.3. Phase II-Expert Panel Review
1.2.4. Assumptions
1.2.5. Approach Adopted

 

2. Executive Summary


2.1. Global Transformer Oil Market Snapshot
2.1.1. Global Transformer Oil Market, by Type, 2016
2.1.2. Global Transformer Oil Market, by Application, 2016
2.1.3. Global Transformer Oil Market, by Geography, 2016
2.1.4. Key Players
2.1.5. Drivers, Restrains & Future Prospects

 

3. Global Transformer Oil Market Dynamics


3.1. Market Overview
3.1.1. Market Definition
3.1.2. Global Market Size & Forecast, 2015-2025
3.2. Drivers
3.3. Challenges
3.4. Future Prospects
3.5. Impact Analysis of Drivers and Challenges
3.6. Porter’s Five Force Analysis
3.6.1. Bargaining Power Of Suppliers
3.6.2. Bargaining Power Of Buyers
3.6.3. Threat Of Substitutes
3.6.4. Threat Of New Entrants
3.6.5. Industry Rivalry

 

4. Global Transformer Oil Market Size & Forecast (US$ Mn), By Type, 2015 – 2025


4.1. Overview
4.1.1. Market Share Analysis by Type, 2016 vs. 2025
4.1.2. Attractive Investment Proposition by Type
4.2. Mineral Oil-Based
4.2.1. Naphthenic Mineral Oil-Based
4.2.2. Paraffinic Mineral Oil-Based
4.3. Silicone-Based
4.4. Bio-Based Oil

 

5. Global Transformer Oil Market Size & Forecast (US$ Mn), By Application, 2015 – 2025


5.1. Overview
5.1.1. Market Share Analysis by Application, 2016 vs. 2025
5.1.2. Attractive Investment Proposition by Application
5.2. Power Transformers
5.3. Distribution Transformers
5.4. Others (Instrumental & others)

 

6. Global Transformer Oil Market Size & Forecast (US$ Mn), By Geography, 2015 – 2025


6.1. Overview
6.1.1. Market Share Analysis by Geography, 2016 vs. 2025
6.1.2. Attractive Investment Proposition by Geography
6.2. North America Transformer Oil Market Analysis, 2015 – 2025
6.2.1. North America Transformer Oil Market Overview
6.2.1.1. North America Market Size & Forecast (US$ Mn), 2015 - 2025
6.2.1.2. North America Market Attractive Investment Proposition, by Country
6.2.1.3. North America Market Attractive Investment Proposition, by Type
6.2.1.4. North America Market Attractive Investment Proposition, by Application
6.2.2. North America Transformer Oil Market Size & Forecast (US$ Mn), By Country, 2015 – 2025
6.2.2.1. U.S.
6.2.2.2. Canada
6.2.3. North America Transformer Oil Market Size & Forecast (US$ Mn), By Type
6.2.3.1. Mineral Oil-Based
6.2.3.1.1. Naphthenic Mineral Oil-Based
6.2.3.1.2. Paraffinic Mineral Oil-Based
6.2.3.2. Silicone-Based
6.2.3.3. Bio-Based Oil
6.2.4. North America Transformer Oil Market Size & Forecast (US$ Mn), By Application, 2015 – 2025
6.2.4.1. Power Transformers
6.2.4.2. Distribution Transformers
6.2.4.3. Others (Instrumental & others)
6.3. Europe Transformer Oil Market Analysis, 2015 – 2025
6.3.1. Europe Transformer Oil Market Overview
6.3.1.1. Europe Market Size & Forecast (US$ Mn), 2015 - 2025
6.3.1.2. Europe Market Attractive Investment Proposition, by Country
6.3.1.3. Europe Market Attractive Investment Proposition, by Type
6.3.1.4. Europe Market Attractive Investment Proposition, by Application
6.3.2. Europe Transformer Oil Market Size & Forecast (US$ Mn), By Country, 2015 – 2025
6.3.2.1. U.K.
6.3.2.2. Germany
6.3.2.3. Italy
6.3.2.4. France
6.3.2.5. Rest of Europe
6.3.3. Europe Transformer Oil Market Size & Forecast (US$ Mn), By Type
6.3.3.1. Mineral Oil-Based
6.3.3.1.1. Naphthenic Mineral Oil-Based
6.3.3.1.2. Paraffinic Mineral Oil-Based
6.3.3.2. Silicone-Based
6.3.3.3. Bio-Based Oil
6.3.4. Europe Transformer Oil Market Size & Forecast (US$ Mn), By Application, 2015 – 2025
6.3.4.1. Power Transformers
6.3.4.2. Distribution Transformers
6.3.4.3. Others (Instrumental & others)
6.4. Asia Pacific Transformer Oil Market Analysis , 2015 – 2025
6.4.1. Asia Pacific Transformer Oil Market Overview
6.4.1.1. Asia Pacific Market Size & Forecast (US$ Mn), 2015 - 2025
6.4.1.2. Asia Pacific Market Attractive Investment Proposition, by Country
6.4.1.3. Asia Pacific Market Attractive Investment Proposition, by Type
6.4.1.4. Asia Pacific Market Attractive Investment Proposition, by Application
6.4.2. Asia Pacific Transformer Oil Market Size & Forecast (US$ Mn), By Country, 2015 – 2025
6.4.2.1. China
6.4.2.2. Japan
6.4.2.3. India
6.4.2.4. Rest of Asia Pacific
6.4.3. Asia Pacific Transformer Oil Market Size & Forecast (US$ Mn), By Type
6.4.3.1. Mineral Oil-Based
6.4.3.1.1. Naphthenic Mineral Oil-Based
6.4.3.1.2. Paraffinic Mineral Oil-Based
6.4.3.2. Silicone-Based
6.4.3.3. Bio-Based Oil
6.4.4. Asia Pacific Transformer Oil Market Size & Forecast (US$ Mn), By Application, 2015 – 2025
6.4.4.1. Power Transformers
6.4.4.2. Distribution Transformers
6.4.4.3. Others (Instrumental & others)
6.5. Latin America Transformer Oil Market Analysis , 2015 – 2025
6.5.1. Latin America Transformer Oil Market Overview
6.5.1.1. Latin America Market Size & Forecast (US$ Mn), 2015 - 2025
6.5.1.2. Latin America Market Attractive Investment Proposition, by Country
6.5.1.3. Latin America Market Attractive Investment Proposition, by Type
6.5.1.4. Latin America Market Attractive Investment Proposition, by Application
6.5.2. Latin America Transformer Oil Market Size & Forecast (US$ Mn), By Country, 2015 – 2025
6.5.2.1. Brazil
6.5.2.2. Mexico
6.5.2.3. Rest of Latin America
6.5.3. Latin America Transformer Oil Market Size & Forecast (US$ Mn), By Type
6.5.3.1. Mineral Oil-Based
6.5.3.1.1. Naphthenic Mineral Oil-Based
6.5.3.1.2. Paraffinic Mineral Oil-Based
6.5.3.2. Silicone-Based
6.5.3.3. Bio-Based Oil
6.5.4. Latin America Transformer Oil Market Size & Forecast (US$ Mn), By Application, 2015 – 2025
6.5.4.1. Power Transformers
6.5.4.2. Distribution Transformers
6.5.4.3. Others (Instrumental & others)
6.6. Middle East & Africa (MEA) Transformer Oil Market Analysis , 2015 – 2025
6.6.1. MEA Transformer Oil Market Overview
6.6.1.1. MEA Market Size & Forecast (US$ Mn), 2015 - 2025
6.6.1.2. MEA Market Attractive Investment Proposition, by Region
6.6.1.3. MEA Market Attractive Investment Proposition, by Type
6.6.1.4. MEA Market Attractive Investment Proposition, by Application
6.6.2. MEA Transformer Oil Market Size & Forecast (US$ Mn), By Region, 2015 – 2025
6.6.2.1. GCC
6.6.2.2. Rest of MEA
6.6.3. MEA Transformer Oil Market Size & Forecast (US$ Mn), By Type
6.6.3.1. Mineral Oil-Based
6.6.3.1.1. Naphthenic Mineral Oil-Based
6.6.3.1.2. Paraffinic Mineral Oil-Based
6.6.3.2. Silicone-Based
6.6.3.3. Bio-Based Oil
6.6.4. MEA Transformer Oil Market Size & Forecast (US$ Mn), By Application, 2015 – 2025
6.6.4.1. Power Transformers
6.6.4.2. Distribution Transformers
6.6.4.3. Others (Instrumental & others)

 

7. Company Profiles


7.1. Competitive Dashboard
7.2. Key Players
7.2.1. APAR Industries Limited
7.2.1.1. Business Description
7.2.1.2. Financial Information*
7.2.1.3. Product Portfolio
7.2.1.4. Key Developments/ Business Strategies
7.2.1.5. SWOT Analysis
7.2.2. Calumet Specialty Products Partners, L.P.
7.2.3. Cargill, Incorporated
7.2.4. Ergon Inc.
7.2.5. Engen Petroleum Limited
7.2.6. Gandhar Oil Refinery India Limited
7.2.7. Hydrodec Group PLC
7.2.8. Nynas AB
7.2.9. Petrochina Company Limited
7.2.10. Sinopec Corporation
7.2.11. San Joaquin Refining Co., Inc.
7.2.12. Valvoline
7.2.13. Other Notable Players

Table 01: Global Transformer Oil Market Value (US$ Mn) & Forecast, by Geography, 2015-2025
Table 02: Global Transformer Oil Market Value (US$ Mn) & Forecast, by Type, 2015-2025
Table 03: Global Transformer Oil Market Value (US$ Mn) & Forecast, by Application, 2015-2025
Table 04: North America Transformer Oil Market Value (US$ Mn) & Forecast, by Country, 2015-2025
Table 05: North America Transformer Oil Market Value (US$ Mn) & Forecast, by Type, 2015-2025
Table 06: North America Transformer Oil Market Value (US$ Mn) & Forecast, by Application, 2015-2025
Table 07: Europe Transformer Oil Market Value (US$ Mn) & Forecast, by Country, 2015-2025
Table 08: Europe Transformer Oil Market Value (US$ Mn) & Forecast, by Type, 2015-2025
Table 09: Europe Transformer Oil Market Value (US$ Mn) & Forecast, by Application, 2015-2025
Table 10: Asia Pacific Transformer Oil Market Value (US$ Mn) & Forecast, by Country, 2015-2025
Table 11: Asia Pacific Transformer Oil Market Value (US$ Mn) & Forecast, by Type, 2015-2025
Table 12: Asia Pacific Transformer Oil Market Value (US$ Mn) & Forecast, by Application, 2015-2025
Table 13: Latin America Transformer Oil Market Value (US$ Mn) & Forecast, by Country, 2015-2025
Table 14: Latin America Transformer Oil Market Value (US$ Mn) & Forecast, by Type, 2015-2025
Table 15: Latin America Transformer Oil Market Value (US$ Mn) & Forecast, by Application, 2015-2025
Table 16: MEA Transformer Oil Market Value (US$ Mn) & Forecast, by Region, 2015-2025
Table 17: MEA Transformer Oil Market Value (US$ Mn) & Forecast, by Type, 2015-2025
Table 18: MEA Transformer Oil Market Value (US$ Mn) & Forecast, by Application, 2015-2025

Figure 01: Global Transformer Oil Market Size (US$ Mn) & Forecast, 2015-2025
Figure 02: Global Transformer Oil Market Share (Value %) Analysis by Geography, 2016 vs. 2025
Figure 03: Global Transformer Oil Market Investment Proposition by Geography, 2017-2025
Figure 04: Global Transformer Oil Market Investment Proposition by Type, 2017-2025
Figure 05: Global Transformer Oil Market Investment Proposition by Application, 2017-2025
Figure 06: North America Transformer Oil Market Investment Proposition by Country, 2017-2025
Figure 07: North America Transformer Oil Market Investment Proposition by Type, 2017-2025
Figure 08: North America Transformer Oil Market Investment Proposition by Application, 2017-2025
Figure 09: Europe Transformer Oil Market Investment Proposition by Country, 2017-2025
Figure 10: Europe Transformer Oil Market Investment Proposition by Type, 2017-2025
Figure 11: Europe Transformer Oil Market Investment Proposition by Application, 2017-2025
Figure 12: Asia Pacific Transformer Oil Market Investment Proposition by Country, 2017-2025
Figure 13: Asia Pacific Transformer Oil Market Investment Proposition by Type, 2017-2025
Figure 14: Asia Pacific Transformer Oil Market Investment Proposition by Application, 2017-2025
Figure 15: Latin America Transformer Oil Market Investment Proposition by Country, 2017-2025
Figure 16: Latin America Transformer Oil Market Investment Proposition by Type, 2017-2025
Figure 17: Latin America Transformer Oil Market Investment Proposition by Application, 2017-2025
Figure 18: Middle East & Africa Transformer Oil Market Investment Proposition by Region, 2017-2025
Figure 19: Middle East & Africa Transformer Oil Market Investment Proposition by Type, 2017-2025
Figure 20: Middle East & Africa Transformer Oil Market Investment Proposition by Application, 2017-2025

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