About transformer oil
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.
Technavio’s analysts forecast the global transformer oil market to grow at a CAGR of 9.19% over the period 2015-2019.
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.
Technavio's report, the Global Transformer Oil Market 2015-2019, 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. The report includes a discussion of the key vendors operating in this market.
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
• For a full, detailed list, view our report
Market challenge
• Adoption of dry-type transformers
• For a full, detailed list, view our report
Market trend
• Inclination toward bio-based transformer oil
• For a full, detailed list, view our report
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?
01 Executive Summary
2 List of Abbreviations
3 Scope of the Report
3.1 Market Overview
3.2 Product Offerings
4 Market Research Methodology
4.1 Market Research Process
4.2 Research Methodology
5 Introduction
6 Market Landscape
6.1 Market Size and Forecast
6.2 Five Forces Analysis
7 Market Segmentation by Product
7.1 Global Transformer Oil Market by Product
7.2 Global Mineral-based Transformer Oil Market
07.2.1 Market Size and Forecast
7.3 Global Silicone-based Transformer Oil Market
07.3.1 Market Size and Forecast
7.4 Global Bio-based Transformer Oil Market
07.4.1 Market Size and Forecast
8 Geographical Segmentation
8.1 Global Transformer Oil Market by Geography
8.2 Transformer Oil Market in APAC
08.2.1 Market Size and Forecast
8.3 Transformer Oil Market in North America
08.3.1 Market Size and Forecast
8.4 Transformer Oil Market in Europe
08.4.1 Market Size and Forecast
8.5 Transformer Oil Market in ROW
08.5.1 Market Size and Forecast
9 Buying Criteria
10 Market Growth Drivers
11 Drivers and their Impact
12 Market Challenges
13 Impact of Drivers and Challenges
14 Market Trends
15 Trends and their Impact
16 Vendor Landscape
16.1 Competitive Scenario
16.2 Other Prominent Vendors
17 Key Vendor Analysis
17.1 Calumet Specialty Products Partners
17.1.1 Key Facts
17.1.2 Business Overview
17.1.3 Business Segmentation by Revenue 2013
17.1.4 Business Segmentation by Revenue 2012 and 2013
17.1.5 Business Strategy
17.1.6 Recent Developments
17.1.7 SWOT Analysis
17.2 Ergon
17.2.1 Key Facts
17.2.2 Business Overview
17.2.3 Business Segmentation
17.2.4 Recent Developments
17.2.5 SWOT Analysis
17.3 Nynas
17.3.1 Key Facts
17.3.2 Business Overview
17.3.3 Business Segmentation by Revenue 2014
17.3.4 Business Segmentation by Revenue 2013 and 2014
17.3.5 Recent Developments
17.3.6 SWOT Analysis
17.4 PetroChina
17.4.1 Key Facts
17.4.2 Business Overview
17.4.3 Business Segmentation by Revenue 2013
17.4.4 Business Segmentation by Revenue 2012 and 2013
17.4.5 Geographical Segmentation by Revenue 2013
17.4.6 Business Strategy
17.4.7 Recent Developments
17.4.8 SWOT Analysis
17.5 ZRCC
17.5.1 Key Facts
17.5.2 Business Overview
17.5.3 Geographical Segmentation by Revenue 2013
17.5.4 SWOT Analysis
18 Other Reports in this Series
List of Exhibits
Exhibit 1: Transformer Oil Market Structure
Exhibit 2: Market Research Methodology
Exhibit 3: Global Transformer Oil Market 2014-2019 ($ millions)
Exhibit 4: Segmentation of Global Transformer Oil Market by Product 2014
Exhibit 5: Percentage Share of Global Transformer Oil Market 2014-2019
Exhibit 6: Global Mineral-based Transformer Oil Market 2014-2019 ($ millions)
Exhibit 7: Global Silicone-based Transformer Oil Market 2014-2019 ($ millions)
Exhibit 8: Global Bio-based Transformer Oil Market 2014-2019 ($ millions)
Exhibit 9: Geographic Segmentation 2014-2019
Exhibit 10: Transformer Oil Market in APAC 2014-2019 ($ millions)
Exhibit 11: Transformer Oil Market in North America 2014-2019 ($ millions)
Exhibit 12: Transformer Oil Market in Europe 2014-2019 ($ millions)
Exhibit 13: Transformer Oil Market in ROW 2014-2019 ($ millions)
Exhibit 14: Crude Oil Price 2014-2015 ($bbl)
Exhibit 15: New Car Sales in Selected Countries in Europe 2007 and 2014
Exhibit 16: Key Vendors 2014
Exhibit 17: Calumet Specialty Products Partners: Business Segmentation by Revenue 2013
Exhibit 18: Calumet Specialty Products Partners: Business Segmentation by Revenue 2012 and 2013 ($ millions)
Exhibit 19: Ergon: Business Segmentation
Exhibit 20: Nynas: Business Segmentation by Revenue 2014
Exhibit 21: Nynas: Business Segmentation by Revenue 2013 and 2014 ($ billions)
Exhibit 22: PetroChina: Business Segmentation by Revenue 2013
Exhibit 23: PetroChina: Business Segmentation by Revenue 2012 and 2013 ($ billions)
Exhibit 24: PetroChina: Geographical Segmentation by Revenue 2013
Exhibit 25: ZRCC: Geographical Segmentation by Revenue 2013
