Report Id: CGTOM0122
Transformer Oil Market Size by Type (Bio-based, Silicone oil and Mineral Oil), By Application (Distribution Transformers, Power Transformers, Instrument Transformers and Other transformers), By End-Use (Transmission & Distribution, Power Generation, Railways & Metros and Others), By Region (North America, Europe, Asia-Pacific, Rest of the World), Market Analysis Report, Forecast 2022-2027
The Transformer Oil Market is expected to be around US$ 6.71 Billion by 2027 at a CAGR of 6.5% in the given forecast period.
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Major Players
- Nynas AB
- Ergon Inc
- PetroChina Company Limited
- Apar Industries Limited
- Calumet Specialty Products Partners
Study period:
Fastest Growing Market:
2022-2027
APAC
Base Year:
Largest Market:
2021
North America
CAGR:
6
REPORT DESCRIPTION
The Transformer Oil Market is expected to be around US$ 6.71 Billion by 2027 at a CAGR of 6.5% in the given forecast period.
One of the significant factors accelerating the transformer oil market is the increasing transmission and distribution of electricity across the world. Due to the rapid urbanization and industrialization, an increase in the consumption of electricity is being witnessed, specifically in developing countries with a high population density, such as India and China. Besides this, governments in these countries are undertaking initiatives to offer a continuous power supply and diversifying the existing grid infrastructure, which in turn is impacting the market growth. Furthermore, rising investments in the improvement of power grids in developed regions such as Europe and North America also act as a key growth-inducing factor. In line with this, the increasing trend towards renewable energy sources is another driver which is propelling the market growth during the forecast period.
The global Transformer Oil market is segregated on the basis of Type as Bio-based, Silicone oil and Mineral Oil. Based on Application the global Transformer Oil market is segmented in Distribution Transformers, Power Transformers, Instrument Transformers and Other transformers. Based on End-Use the global Transformer Oil market is segmented in Transmission & Distribution, Power Generation, Railways & Metros and Others.
The global Transformer Oil market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Transformer Oil market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.
Competitive Rivalry
Nynas AB, Ergon Inc., PetroChina Company Limited, Apar Industries Limited, Calumet Specialty Products Partners, Sinopec Corporation, Hydrodec Group Plc, Cargill Incorporated, Engen Petroleum Limited, Valvoline, San Joaquin Refining Co., Inc., Gandhar Oil Refinery India Limited., APAR Industries, Dairen Chemical Corporation, ExxonMobil Corp., and others are among the major players in the global Transformer Oil market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.
The Transformer Oil Market has been segmented as below:
Transformer Oil Market, By Type
- Bio based
- Silicone oil
- Mineral Oil
Transformer Oil Market, By Application
- Distribution Transformers
- Power Transformers
- Instrument Transformers
- Other transformers
Transformer Oil Market, By End-User
- Transmission & Distribution
- Power Generation
- Railways & Metros
- Others
Transformer Oil Market, By Region
- North America
- Europe
- Asia-Pacific
- Rest of the World
Transformer Oil Market, By Company
- Nynas AB
- Ergon Inc.
- PetroChina Company Limited
- Apar Industries Limited
- Calumet Specialty Products Partners
- Sinopec Corporation
- Hydrodec Group Plc
- Cargill Incorporated
- Engen Petroleum Limited
- Valvoline
- San Joaquin Refining Co., Inc.
- Gandhar Oil Refinery India Limited.
- APAR Industries
- Dairen Chemical Corporation
- ExxonMobil Corp.
The report covers:
- Global Transformer Oil market sizes from 2021 to 2027, along with CAGR for 2021-2026
- Market size comparison for 2021 vs 2027, with actual data for 2021, estimates for 2020 and forecast from 2021 to 2027
- Global Transformer Oil market trends, covering comprehensive range of consumer trends & manufacturer trends
- Value chain analysis covering participants from raw material suppliers to the downstream buyer in the global Transformer Oil market
- Major market opportunities and challenges in forecast timeframe to be focused
- Competitive landscape with analysis on competition pattern, portfolio comparisons, development trends and strategic management
- Comprehensive company profiles of the key industry players
Report Scope:
The global Transformer Oil market report scope includes detailed study covering underlying factors influencing the industry trends. The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies. The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Transformer Oil market share. Major industry players with significant revenue share include Nynas AB, Ergon Inc., PetroChina Company Limited, Apar Industries Limited, Calumet Specialty Products Partners, Sinopec Corporation, Hydrodec Group Plc, Cargill Incorporated, Engen Petroleum Limited, Valvoline, San Joaquin Refining Co., Inc., Gandhar Oil Refinery India Limited., APAR Industries, Dairen Chemical Corporation, ExxonMobil Corp., and others.
Reasons to Buy this Report:
- Gain detailed insights on the Transformer Oil industry trends
- Find complete analysis on the market status
- Identify the Transformer Oil market opportunities and growth segments
- Analyse competitive dynamics by evaluating business segments & product portfolios
- Facilitate strategy planning and industry dynamics to enhance decision making
Customization
Customized report as per the requirement can be offered with appropriate recommendations
Below are our new reports:
1. Introduction
1.1. Key Points
1.2. Report Description
1.3. Markets Covered
1.4. Stakeholders
2. Research Methodology
2.1. Research Scope
2.2. Market Research Process
2.3. Research Data Analysis
2.3.1.1. Secondary Research
2.3.1.2. Primary Research
2.3.1.3. Models for Estimation
2.4. Market Size Estimation
2.4.1. Bottom-Up Approach- Segmental Market Analysis
2.4.2. Top-Down Approach- Parent Market Analysis
3. Executive Summary
4. Market Overview
4.1. Introduction
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. Porter's Five Force Analysis
5. Transformer Oil Market, By Type
5.1. Introduction
5.2. Bio based
5.2.1. Market Overview
5.2.2. Market Size and Forecast
5.3. Silicone oil
5.3.1. Market Overview
5.3.2. Market Size and Forecast
5.4. Mineral Oil
5.4.1. Market Overview
5.4.2. Market Size and Forecast
6. Transformer Oil Market, By Application
6.1. Introduction
6.2. Distribution Transformers
6.2.1. Market Overview
6.2.2. Market Size and Forecast
6.3. Power Transformers
6.3.1. Market Overview
6.3.2. Market Size and Forecast
6.4. Instrument Transformers
6.4.1. Market Overview
6.4.2. Market Size and Forecast
6.5. Other transformers
6.5.1. Market Overview
6.5.2. Market Size and Forecast
7. Transformer Oil Market, By End-Use
7.1. Introduction
7.2. Transmission & Distribution
7.2.1. Market Overview
7.2.2. Market Size and Forecast
7.3. Power Generation
7.3.1. Market Overview
7.3.2. Market Size and Forecast
7.4. Railways & Metros
7.4.1. Market Overview
7.4.2. Market Size and Forecast
7.5. Others
7.5.1. Market Overview
7.5.2. Market Size and Forecast
8. Transformer Oil Market, By Geography
8.1. Introduction
8.2. North America
8.2.1. North America Transformer Oil, By Type
8.2.2. North America Transformer Oil, By Application
8.2.3. North America Transformer Oil, By End-Use
8.3. Europe
8.3.1. Europe Transformer Oil, By Type
8.3.2. Europe Transformer Oil, By Application
8.3.3. Europe Transformer Oil, By End-Use
8.4. Asia-Pacific
8.4.1. Asia-Pacific Transformer Oil, By Type
8.4.2. Asia-Pacific Transformer Oil, By Application
8.4.3. Asia-Pacific Transformer Oil, By End-Use
8.5. Rest of the World
8.5.1. Rest of the World Transformer Oil, By Type
8.5.2. Rest of the World Transformer Oil, By Application
8.5.3. Rest of the World Transformer Oil, By End-Use
9. Competitive Insights
9.1. Key Insights
9.2. Company Market Share Analysis
9.3. Strategic Outlook
9.3.1. Mergers & Acquisitions
9.3.2. New Product Developments
9.3.3. Portfolio/Production Capacity Expansions
9.3.4. Joint Ventures, Collaborations, Partnerships & Agreements
9.3.5. Others
10. Company Profiles
10.1. Nynas AB
10.1.1. Company Overview
10.1.2. Product/Service Landscape
10.1.3. Financial Overview
10.1.4. Recent Developments
10.2. Ergon Inc.
10.2.1. Company Overview
10.2.2. Product/Service Landscape
10.2.3. Financial Overview
10.2.4. Recent Developments
10.3. PetroChina Company Limited
10.3.1. Company Overview
10.3.2. Product/Service Landscape
10.3.3. Financial Overview
10.3.4. Recent Developments
10.4. Apar Industries Limited
10.4.1. Company Overview
10.4.2. Product/Service Landscape
10.4.3. Financial Overview
10.4.4. Recent Developments
10.5. Calumet Specialty Products Partners
10.5.1. Company Overview
10.5.2. Product/Service Landscape
10.5.3. Financial Overview
10.5.4. Recent Developments
10.6. Sinopec Corporation
10.6.1. Company Overview
10.6.2. Product/Service Landscape
10.6.3. Financial Overview
10.6.4. Recent Developments
10.7. Hydrodec Group Plc
10.7.1. Company Overview
10.7.2. Product/Service Landscape
10.7.3. Financial Overview
10.7.4. Recent Developments
10.8. Cargill Incorporated
10.8.1. Company Overview
10.8.2. Product/Service Landscape
10.8.3. Financial Overview
10.8.4. Recent Developments
10.9. Engen Petroleum Limited
10.9.1. Company Overview
10.9.2. Product/Service Landscape
10.9.3. Financial Overview
10.9.4. Recent Developments
10.10. Valvoline
10.10.1. Company Overview
10.10.2. Product/Service Landscape
10.10.3. Financial Overview
10.10.4. Recent Developments
10.11. San Joaquin Refining Co., Inc.
10.11.1. Company Overview
10.11.2. Product/Service Landscape
10.11.3. Financial Overview
10.11.4. Recent Developments
10.12. Gandhar Oil Refinery India Limited.
10.12.1. Company Overview
10.12.2. Product/Service Landscape
10.12.3. Financial Overview
10.12.4. Recent Developments
10.13. APAR Industries
10.13.1. Company Overview
10.13.2. Product/Service Landscape
10.13.3. Financial Overview
10.13.4. Recent Developments
10.14. Dairen Chemical Corporation
10.14.1. Company Overview
10.14.2. Product/Service Landscape
10.14.3. Financial Overview
10.14.4. Recent Developments
10.15. ExxonMobil Corp.
10.15.1. Company Overview
10.15.2. Product/Service Landscape
10.15.3. Financial Overview
10.15.4. Recent Developments
The Transformer Oil Market has been segmented as below:
Transformer Oil Market, By Type
- Bio based
- Silicone oil
- Mineral Oil
Transformer Oil Market, By Application
- Distribution Transformers
- Power Transformers
- Instrument Transformers
- Other transformers
Transformer Oil Market, By End-User
- Transmission & Distribution
- Power Generation
- Railways & Metros
- Others
Transformer Oil Market, By Region
- North America
- Europe
- Asia-Pacific
- Rest of the World
Transformer Oil Market, By Company
- Nynas AB
- Ergon Inc.
- PetroChina Company Limited
- Apar Industries Limited
- Calumet Specialty Products Partners
- Sinopec Corporation
- Hydrodec Group Plc
- Cargill Incorporated
- Engen Petroleum Limited
- Valvoline
- San Joaquin Refining Co., Inc.
- Gandhar Oil Refinery India Limited.
- APAR Industries
- Dairen Chemical Corporation
- ExxonMobil Corp.
Got a question? We've got answers. If you have some other questions, see our support center.
What is the predicted growth rate of Transformer Oil market?
The market is expected to grow at a CAGR of 6.5% during the study period (2022-2027)
How big is the Transformer Oil market value?
The Transformer Oil Market is expected to be around US$ 6.71 Billion by 2027
What is the segment’s covered for the Transformer Oil market?
The segment included in Transformer Oil market is include Type, Application, End-User and region.
Who are the major key vendors in Transformer Oil market?
Some key players operating in the Transformer Oil market is include Nynas AB, Ergon Inc., PetroChina Company Limited, Apar Industries Limited, Calumet Specialty Products Partners, Sinopec Corporation, Hydrodec Group Plc, Cargill Incorporated, Engen Petroleum Limited
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