Transformer Oil Market
Will Rising Sustainability Concerns Reshape the Face of Trasnformer Oil Indsutry? Explore More in FMI’s Latest Survey
Transformer Oil Market by Oil Type, Application, End Use Industry & Region - Forecast 2022 – 2032
Transformer Oil Market Outlook (2022-2032)
[215 Pages Report] The global transformer oil market to reach a value of US$ 4,021.7 Mn in 2022. Sales prospects of transformer oil are expected to witness a healthy growth at a CAGR of 8.0%, topping a valuation of US$ 8,703.2 Mn by 2032. Substantial increase in global power consumption is expected to boost the demand for transformer oil over the assessment period (2022-2032).
|
Attributes |
Key Insights |
|
Transformer Oil Market Sales (2021A) |
US$ 3,754.8 Mn |
|
Market Estimated Size (2022E) |
US$ 4,021.7 Mn |
|
Projected Market Value (2032F) |
US$ 8,703.2 Mn |
|
Value CAGR (2022-2032) |
8.0% |
|
Collective Value Share: Top 3 Countries (2022E) |
34.7% |
Rising demand for continuous power supply from diverse indsutries and increasing adoption to provide fault-free operation of power transformers are accelerating the demand for transformer oil.
As per Future Market Inisghts (FMI), East Asia is expected to remain prominent for the consumption of transformer oil. This is owing to significant growth in the manufacturing and industrial sector, rising consumption of electricity, and an increasing number of power generation and distribution projects.
On the back of these aforementioned factors, the global demand for transformer oil is expected to account for about 3.2% of the specialty oil business.
Let us know your requirement to get
100% FREE customization
2017 - 2021 Transformer Oil Market Outlook Compared to 2022 - 2032 Forecast
The market of transformer oils witnessed robust growth at a CAGR of 6.4% over the historic period of 2017 and 2021. As per FMI, the growth in transformer oil market is expected to surge at 8.3% CAGR over the forecast period of 2022 and 2032.
Growth in the market is underpinned by increasing number of power generation and distribution projects across the globe. The market is expected to witness a high growth owing to expansion in the power sector, development of electric grids across emnerging economies such as India. China, and others.
Backed by these factors, FMI predicts the sales in transformer oil market to witness an upward trend over the forthcoming decade, with sales expected to reach US$ 8,703.2 Mn by 2032.
How will Stringency in Environment Regulations Impact the Tansformer Oil Sales?
Naphthenic mineral oil is expected to be the most preferred transformer oil due to its high efficiency, easy availability, and its useful chemical properties such as good pour point at low temperature and exceptional thermal cooling capacity. The adoption of paraffinic mineral oil had gained traction over the years, owing to its excellent oxidation stability.
However, both paraffinic and naphthenic variants of the mineral oil are products of highly refined, purified, and processed petroleum, thus being highly non-biodegradable. The mineral oil is characterized by biodegradability ranging from 0 – 40% and is sourced from a non-renewable resource.
Several economies such as India, China, the U.S, and others are transitioning towards adopting green and environmentally friendly technologies. This transition might hinder the adoption of mineral-based transformer oils over the upcoming decade, and become a restraint to the mineral oil market over the long run.
Find your sweet spots for generating winning opportunities in this market.
Talk to AnalystShift Towards Sustainable Energy Resources to Influence the Transformer Oil Demand
With the growing shift toward sustainable energy resources and stringent rules laid down by governments regarding environmental concerns, several leading players in the transformer oil industry are focusing on making eco-friendly products, aiding the growth in the market.
Further, demand for bio-based transformer oil is expected to surge, produced from vegetable feedstocks and considered a good replacement for mineral oil-based products. Bio-based transformer oil is also bio-degradable and does not contain silicone, petroleum hydrocarbons, and halogens.
Owing to which it is best suitable as eco-friendly with superior performance. Hence, industry operators that produce bio-oil are anticipated to gain prominence in the transformer oil market over the forecast period.
Country-wise Insights
What will be the Growth Outlook of the Transformer Oil Market in China?
China Transformer Oil Market to Benefit from Surging Application in Power Generation Sector
China is expected to remain one of the prominent consumers of transformer owing to the rising applicatioin in diverse industries, including power generation. China is expected to witness growth at an impressive rate of about 8.9% CAGR between 2022 and 2032.
Significant presence of key players, availability of abundant resources, and increasing investments in product innovations are some of the key factors driving the growth in transformer oil market.
Further, the country is the largest consumer of electricity with around 30% of global electricity consumption. China also has witnessed a growth rate of around 10% in electricity consumption over the past decade. With rising application of transformer oil in power generation sector, the demand in China market is predicted to surge.
Will India Retain its Dominance in South Asia Transformer Oil Market?
Expnasion of Electric Grids in India to Boost Transformer Oil Consumption through 2032
India is expected to remain one of the fastest growing markets for the consumption of transformer oil all across the globe. The country is expected to be the third largest consumer of electricity, opines FMI. Significant development in the manufacturing and industrial sectors along with development in power generation industry are influencing the growth in transformer oil market.
Further, the country is witnessing a significant increase in the number of public and private projects for the expansion of electric grids. Favorable government initiatives for electricity accessibility to cater to the growing need will imorove the adoption of transformer oil.
An unified Market Research Subscription Platform, built for today’s disparate research needs.
Category-wise Insights
Which Type of Oil will Remain Highly Sought-After Among Transformer Oil Producers?
Sales of Mineral Oil to Outpace the Demand for Bio-based Oil Amid Rising Sustainability Concerns
Mineral oil has been the most preferred insulating liquid for power transformer insulation. This is due its good pouring point at low temperatures, cooling capacity, low cost, high efficiency, and easy availability in the market.
As per the study, the segment is expected to remain one of the key transformer oil types in the market, and is expected to witness a growth rate of 8.3% CAGR over the forecast period.
Further, the bio-based segment is expected to witness growth at a CAGR of 7.9% over the forecast period. This growth is attributed to the growing environmental concerns and rising demand for eco-frindly products. Additionally, investment in manufacturing of renewable products is expected to bolster the growth of the segment. The segment is expected to create an absolute $ opportunity of US$ 459.6 Mn over the forecasted period.
Which is the Chief Application in Transformer Oil Market?
Demand for Transformer Oil to Remain Concentrated in Transformer Segment
Transformer segment is slated to expand at a CAGR of 8.2% for the consumption of transformer oil. Transformers are used to transfer and distribute electricity from the generation point in a variety of industries, including power utility, power generation, and railroads.
Transformer segment is also expected to remain one of the key consumers of transformer oil. This is owing to a significant increase in the demand for transformers for transmission and distribution and power generation applications across the globe.
Which is the Leading End-Use Industry in Transformer Oil Market?
Transmission & Distribution to Create US$ 2,785.3 Mn of Revenue in Transformer Oil Market
The transmission & distribution segment is expected to witness a growth rate of about 8.3% CAGR over the forecast period. Rapidly increasing power transmission and distribution projects due to the growing need for continuous electricity supply is fueling the growth in the segment. The segment is expected to create an absolute $ opportunity of US$ 2,785.3 Mn over the forecast period.
Competitive Landscape
Leading players of transformer oils are focusing on the acquisition to expand their consumer base. Further, they are also adopting strategy including, capacity expansions, and geographical expansions in the emerging economies to strengthen their foothold in the market. Key players are also investing in research and innovations for product development and also the introduction of sustainable products to minimize the carbon footprint.
For instance:
- In May 2022, Nynas AB partnered with KONCAR, Croatia’s leading manufacturer of instrument transformers to conduct a test of its NYTRO® BIO 300X on KONCAR’s instrument transformers. The tests confirmed that the use of NYTRO® BIO 300X in Kon?ar instrument transformers provides outstanding electric properties, equivalent in all aspects to conventional mineral oil with a reduced environmental impact.
- In May 2022, Saudi Aramco Base Oil Company – Luberef signed an Memorandum of Understanding (MOU) with APAR Industries Limited to build a Transformer Oil/White
Scope of Report
|
Attribute |
Details |
|
Market Estimated Size (2022E) |
US$ 4,021.7 Mn |
|
Projected Market Value (2032F) |
US$ 8,703.2 Mn |
|
Value CAGR (2022-2032) |
8.0% |
|
Forecast Period |
2022-2032 |
|
Historical Data Available for |
2017-2021 |
|
Market Analysis |
US$ Million for Value and Kilo Tons for Volume |
|
Key Countries Covered |
U.S., Canada, Brazil, Mexico, Germany, Italy, France, U.K., Spain, BENELUX, Russia, China, Japan, South Korea, India, ASEAN, ANZ, GCC Countries, Turkey, Northern Africa, South Africa |
|
Key Segments Covered |
Oil Type, Application, End Use Industry, and Region |
|
Key Companies Profiled |
|
|
Report Coverage |
|
Transformer Oil Market Segmentation
By Oil Type:
- Mineral Oil
- Paraffinic
- Naphthenic
- Silicone Oil
- Bio-based Oil
By Application:
- Transformer
- Switchgear
- Reactor
By End Use Industry:
- Transmission & Distribution
- Power Generation
- Railways & Metros
By Region:
- North America
- Latin America
- Europe
- East Asia
- SAPeI
- Middle East & Africa
- India
Frequently Asked Questions
The global market of transformer oil is estimated to reach a valuation of US$ 4,021.7 Mn in 2022.
The transformer oil demand is anticipated to witness a growth rate of 8.0% over the forecast period of 2022 and 2032.
Transformer and switchgear are the key applications of transformer oil, collectively accounting for about 88% of the overall consumption.
According to FMI analysis, Royal Dutch Shell, Exxon Mobil Corporation, Repsol, PetroChina Company Limited, Chevron Corporation, Gandhar Oil, and others are identified as the key manufacturers in the transformer oil market.
Key players in the global transformer oil market are expected to account for about 40 - 45% of the overall market share.
The top countries driving the global transformer oil demand are China, U.S., Germany, and India.
Table of Content
1. Executive Summary
1.1. Global Market Outlook
1.2. Demand Side Trends
1.3. Supply Side Trends
1.4. Technology Roadmap
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Key Market Trends
3.1. Key Trends Impacting the Market
3.2. Product Innovation / Development Trends
4. Key Success Factors
4.1. Product Adoption / Usage Analysis
4.2. Product USPs / Features
4.3. Strategic Promotional Strategies
5. Global Transformer Oil Market Demand Analysis 2017–2021 and Forecast, 2022–2032
5.1. Historical Market Volume (Tons) Analysis, 2017–2021
5.2. Current and Future Market Volume (Tons) Projections, 2022–2032
5.3. Y-o-Y Growth Trend Analysis
6. Global Transformer Oil Market - Pricing Analysis
6.1. Regional Pricing Analysis by Oil Type and Pricing Forecast
6.1.1. Distributor Level pricing
6.1.2. Manufacturer Level pricing
6.2. Global Average Pricing Analysis Benchmark
7. Global Transformer Oil Market Demand (in Value or Size in US$ Mn) Analysis 2017–2021 and Forecast, 2022–2032
7.1. Historical Market Value (US$ Mn) Analysis, 2017–2021
7.2. Current and Future Market Value (US$ Mn) Projections, 2022–2032
7.2.1. Y-o-Y Growth Trend Analysis
7.2.2. Absolute $ Opportunity Analysis
8. Market Background
8.1. Macro-Economic Factors
8.1.1. Global GDP Growth Outlook
8.1.2. Parent Market Overview
8.1.3. Global Power Industry Overview
8.1.4. Global Power Consumption Overview
8.1.5. Global Urbanization Overview
8.1.6. Global Industry Outlook
8.1.7. Other Micro Economic Factors
8.2. Forecast Factors - Relevance & Impact
8.2.1. Top Companies Historical Growth&
8.2.2. End Use Industry Growth Outlook
8.2.3. GDP Growth forecast
8.2.4. Manufacturing Industry forecast
8.2.5. Global Urbanization Growth Outlook
8.2.6. Government Policies and Spending
8.2.7. Covid-19 Impact Assessment
8.3. Value Chain
8.3.1. Raw Material Suppliers
8.3.2. Product Manufacturers
8.3.3. Probable End Users
8.3.4. Average Profitability Margins
8.4. COVID-19 Crisis – Impact Assessment
8.4.1. Current Statistics
8.4.2. Short-Mid-Long Term Outlook&
8.4.3. Likely Rebound
8.5. Market Dynamics
8.5.1. Drivers
8.5.2. Restraints
8.5.3. Opportunity Analysis
8.6. Supply/Demand Analysis
8.7. Buyers Decision Analysis
8.8. Ongoing/Current Power Projects
9. Global Transformer Oil Market Analysis 2017–2021 and Forecast 2022–2032, by Oil Type&
9.1. Introduction / Key Findings
9.2. Historical Market Size (US$ Mn) and Volume Analysis By Oil Type, 2017–2021
9.3. Current and Future Market Size (US$ Mn) and Volume Analysis and Forecast By Oil Type, 2022–2032
9.3.1. Mineral Oil
9.3.1.1. Paraffinic
9.3.1.2. Naphthenic
9.3.2. Silicone Oil
9.3.3. Bio-based Oil
9.4. Market Attractiveness Analysis By Oil Type&
10. Global Transformer Oil Market Analysis 2017–2021 and Forecast 2022–2032, by Application
10.1. Introduction / Key Findings
10.2. Historical Market Size (US$ Mn) and Volume Analysis By Application, 2017–2021
10.3. Current and Future Market Size (US$ Mn) and Volume Analysis and Forecast By Application, 2022–2032
10.3.1. Transformer
10.3.2. Switchgear
10.3.3. Reactor
10.4. Market Attractiveness Analysis By Application
11. Global Transformer Oil Market Analysis 2017–2021 and Forecast 2022–2032, by End Use Industry
11.1. Introduction / Key Findings
11.2. Historical Market Size (US$ Mn) and Volume Analysis By End Use Industry, 2017–2021
11.3. Current and Future Market Size (US$ Mn) and Volume Analysis and Forecast By End Use Industry, 2022–2032
11.3.1. Transmission & Distribution
11.3.2. Power Generation
11.3.3. Railways & Metros
11.4. Market Attractiveness Analysis By End Use Industry
12. Global Transformer Oil Market Analysis 2017–2021 and Forecast 2022–2032, by Region
12.1. Introduction
12.2. Historical Market Size (US$ Mn) and Volume Analysis By Region, 2017–2021
12.3. Current Market Size (US$ Mn) and Volume Analysis and Forecast By Region, 2022–2032
12.3.1. North America
12.3.2. Latin America
12.3.3. Europe
12.3.4. East Asia
12.3.5. SAPeI
12.3.6. Middle East and Africa
12.3.7. India
12.4. Market Attractiveness Analysis By Region
13. North America Transformer Oil Market Analysis 2017–2021 and Forecast 2022–2032
13.1. Introduction
13.2. Pricing Analysis
13.3. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2017–2021
13.4. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2022–2032
13.4.1. By Country
13.4.1.1. U.S.
13.4.1.2. Canada
13.4.2. By Oil Type
13.4.3. By Application
13.4.4. By End Use Industry
13.5. Market Attractiveness Analysis
13.5.1. By Country
13.5.2. By Oil Type
13.5.3. By Application
13.5.4. By End Use Industry
13.6. Market Trends
13.7. Key Market Participants - Intensity Mapping
13.8. Drivers and Restraints - Impact Analysis
14. Latin America Transformer Oil Market Analysis 2017–2021 and Forecast 2022–2032
14.1. Introduction
14.2. Pricing Analysis
14.3. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2017–2021
14.4. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2022–2032
14.4.1. By Country
14.4.1.1. Brazil
14.4.1.2. Mexico
14.4.1.3. Rest of Latin America
14.4.2. By Oil Type
14.4.3. By Application
14.4.4. By End Use Industry
14.5. Market Attractiveness Analysis
14.5.1. By Country
14.5.2. By Oil Type
14.5.3. By Application
14.5.4. By End Use Industry
14.6. Market Trends
14.7. Key Market Participants - Intensity Mapping
14.8. Drivers and Restraints - Impact Analysis
15. Europe Transformer Oil Market Analysis 2017–2021 and Forecast 2022–2032
15.1. Introduction
15.2. Pricing Analysis
15.3. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2017–2021
15.4. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2022–2032
15.4.1. By Country
15.4.1.1. Germany
15.4.1.2. Italy
15.4.1.3. France
15.4.1.4. U.K.
15.4.1.5. Spain
15.4.1.6. BENELUX
15.4.1.7. Russia
15.4.1.8. Rest of Europe
15.4.2. By Oil Type
15.4.3. By Application
15.4.4. By End Use Industry
15.5. Market Attractiveness Analysis
15.5.1. By Country
15.5.2. By Oil Type
15.5.3. By Application
15.5.4. By End Use Industry
15.6. Market Trends
15.7. Key Market Participants - Intensity Mapping
15.8. Drivers and Restraints - Impact Analysis
16. East Asia Transformer Oil Market Analysis 2017–2021 and Forecast 2022–2032
16.1. Introduction
16.2. Pricing Analysis
16.3. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2017–2021
16.4. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2022–2032
16.4.1. By Country
16.4.1.1. China
16.4.1.2. Japan
16.4.1.3. South Korea
16.4.2. By Oil Type
16.4.3. By Application
16.4.4. By End Use Industry
16.5. Market Attractiveness Analysis
16.5.1. By Country
16.5.2. By Oil Type
16.5.3. By Application
16.5.4. By End Use Industry
16.6. Market Trends
16.7. Key Market Participants - Intensity Mapping
16.8. Drivers and Restraints - Impact Analysis
17. SAPeI Transformer Oil Market Analysis 2017–2021 and Forecast 2022–2032
17.1. Introduction
17.2. Pricing Analysis
17.3. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2017–2021
17.4. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2022–2032
17.4.1. By Country
17.4.1.1. ASEAN
17.4.1.2. ANZ
17.4.1.3. Rest of SAPeI
17.4.2. By Oil Type
17.4.3. By Application
17.4.4. By End Use Industry
17.5. Market Attractiveness Analysis
17.5.1. By Country
17.5.2. By Oil Type
17.5.3. By Application
17.5.4. By End Use Industry
17.6. Market Trends
17.7. Key Market Participants - Intensity Mapping
17.8. Drivers and Restraints - Impact Analysis
18. Middle East and Africa Transformer Oil Market Analysis 2017–2021 and Forecast 2022–2032
18.1. Introduction
18.2. Pricing Analysis
18.3. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2017–2021
18.4. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2022–2032
18.4.1. By Country
18.4.1.1. GCC Countries
18.4.1.2. Turkey
18.4.1.3. Northern Africa
18.4.1.4. South Africa
18.4.1.5. Rest of Middle East and Africa
18.4.2. By Type
18.4.3. By Application
18.4.4. By End Use Industry
18.5. Market Attractiveness Analysis
18.5.1. By Country
18.5.2. By Oil Type
18.5.3. By Application
18.5.4. By End Use Industry
18.6. Market Trends
18.7. Key Market Participants - Intensity Mapping
18.8. Drivers and Restraints - Impact Analysis
19. India Transformer Oil Market Analysis 2017–2021 and Forecast 2022–2032
19.1. Introduction
19.2. Pricing Analysis
19.3. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2017–2021
19.4. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2022–2032
19.4.1. By Oil Type
19.4.2. By Application
19.4.3. By End Use Industry
19.5. Market Attractiveness Analysis
19.5.1. By Oil Type
19.5.2. By Application
19.5.3. By End Use Industry
19.6. Market Trends
19.7. Key Market Participants - Intensity Mapping
Drivers and Restraints - Impact Analysis
20. Emerging Countries Transformer Oil Market Analysis&
20.1. Introduction
20.1.1. Market Value Proportion Analysis, By Key Countries
20.1.2. Global Vs. Country Growth Comparison
20.2. U.S. Transformer Oil Market Analysis
20.2.1. By Oil Type
20.2.2. By Application
20.2.3. By End Use Industry
20.3. Canada Transformer Oil Market Analysis
20.3.1. By Oil Type
20.3.2. By Application
20.3.3. By End Use Industry
20.4. Mexico Transformer Oil Market Analysis
20.4.1. By Oil Type
20.4.2. By Application
20.4.3. By End Use Industry
20.5. Brazil Transformer Oil Market Analysis
20.5.1. By Oil Type
20.5.2. By Application
20.5.3. By End Use Industry
20.6. Germany Transformer Oil Market Analysis
20.6.1. By Oil Type
20.6.2. By Application
20.6.3. By End Use Industry
20.7. Italy Transformer Oil Market Analysis
20.7.1. By Oil Type
20.7.2. By Application
20.7.3. By End Use Industry
20.8. France Transformer Oil Market Analysis
20.8.1. By Oil Type
20.8.2. By Application
20.8.3. By End Use Industry
20.9. U.K. Transformer Oil Market Analysis
20.9.1. By Oil Type
20.9.2. By Application
20.9.3. By End Use Industry
20.10. Spain Transformer Oil Market Analysis
20.10.1. By Oil Type
20.10.2. By Application
20.10.3. By End Use Industry
20.11. Russia Transformer Oil Market Analysis
20.11.1. By Oil Type
20.11.2. By Application
20.11.3. By End Use Industry
20.12. China Transformer Oil Market Analysis
20.12.1. By Oil Type
20.12.2. By Application
20.12.3. By End Use Industry
20.13. Japan Transformer Oil Market Analysis
20.13.1. By Oil Type
20.13.2. By Application
20.13.3. By End Use Industry
20.14. S. Korea Transformer Oil Market Analysis
20.14.1. By Oil Type
20.14.2. By Application
20.14.3. By End Use Industry
20.15. ASEAN Transformer Oil Market Analysis
20.15.1. By Oil Type
20.15.2. By Application
20.15.3. By End Use Industry
20.16. Australia and New Zealand Transformer Oil Market Analysis
20.16.1. By Oil Type
20.16.2. By Application
20.16.3. By End Use Industry
20.17. GCC Countries Transformer Oil Market Analysis
20.17.1. By Oil Type
20.17.2. By Application
20.17.3. By End Use Industry
20.18. Turkey Transformer Oil Market Analysis
20.18.1. By Oil Type
20.18.2. By Application
20.18.3. By End Use Industry
20.19. Northern Africa Transformer Oil Market Analysis
20.19.1. By Oil Type
20.19.2. By Application
20.19.3. By End Use Industry
20.20. South Africa Transformer Oil Market Analysis
20.20.1. By Oil Type
20.20.2. By Application
20.20.3. By End Use Industry
21. Market Structure Analysis
21.1. Market Analysis by Tier of Companies (Transformer Oil)
21.2. Market Concentration
21.3. Market Share Analysis of Top Players
21.4. Production Capacity Analysis
21.5. Market Presence Analysis
21.5.1. By Oil Type Footprint of Players
21.5.2. By Regional Footprint of Players
22. Competition Analysis
22.1. Competition Dashboard
22.2. Competition Benchmarking
22.3. Competition Deep Dive&
22.3.1. Royal Dutch Shell
22.3.1.1. Overview
22.3.1.2. Product Portfolio
22.3.1.3. Profitability by Market Segments (Product/Channel/Region)
22.3.1.4. Sales Footprint
22.3.1.5. Strategy Overview
22.3.2. Exxon Mobil Corporation
22.3.2.1. Overview
22.3.2.2. Product Portfolio
22.3.2.3. Profitability by Market Segments (Product/Channel/Region)
22.3.2.4. Sales Footprint
22.3.2.5. Strategy Overview
22.3.3. Repsol
22.3.3.1. Overview
22.3.3.2. Product Portfolio
22.3.3.3. Profitability by Market Segments (Product/Channel/Region)
22.3.3.4. Sales Footprint
22.3.3.5. Strategy Overview
22.3.4. Nynas AB
22.3.4.1. Overview
22.3.4.2. Product Portfolio
22.3.4.3. Profitability by Market Segments (Product/Channel/Region)
22.3.4.4. Sales Footprint
22.3.4.5. Strategy Overview
22.3.5. Sinopec Lubricant Company
22.3.5.1. Overview
22.3.5.2. Product Portfolio
22.3.5.3. Profitability by Market Segments (Product/Channel/Region)
22.3.5.4. Sales Footprint
22.3.5.5. Strategy Overview
22.3.6. APAR Industries
22.3.6.1. Overview
22.3.6.2. Product Portfolio
22.3.6.3. Profitability by Market Segments (Product/Channel/Region)
22.3.6.4. Sales Footprint
22.3.6.5. Strategy Overview
22.3.7. PetroChina Company Limited
22.3.7.1. Overview
22.3.7.2. Product Portfolio
22.3.7.3. Profitability by Market Segments (Product/Channel/Region)
22.3.7.4. Sales Footprint
22.3.7.5. Strategy Overview
22.3.8. Savita Oil Technologies Limited
22.3.8.1. Overview
22.3.8.2. Product Portfolio
22.3.8.3. Profitability by Market Segments (Product/Channel/Region)
22.3.8.4. Sales Footprint
22.3.8.5. Strategy Overview
22.3.9. Chevron Corporation
22.3.9.1. Overview
22.3.9.2. Product Portfolio
22.3.9.3. Profitability by Market Segments (Product/Channel/Region)
22.3.9.4. Sales Footprint
22.3.9.5. Strategy Overview
22.3.10. M&I Materials Limited
22.3.10.1. Overview
22.3.10.2. Product Portfolio
22.3.10.3. Profitability by Market Segments (Product/Channel/Region)
22.3.10.4. Sales Footprint
22.3.10.5. Strategy Overview
22.3.11. Petro-Canada
22.3.11.1. Overview
22.3.11.2. Product Portfolio
22.3.11.3. Profitability by Market Segments (Product/Channel/Region)
22.3.11.4. Sales Footprint
22.3.11.5. Strategy Overview
22.3.12. Gandhar Oil
22.3.12.1. Overview
22.3.12.2. Product Portfolio
22.3.12.3. Profitability by Market Segments (Product/Channel/Region)
22.3.12.4. Sales Footprint
22.3.12.5. Strategy Overview
22.3.13. Lubrita
22.3.13.1. Overview
22.3.13.2. Product Portfolio
22.3.13.3. Profitability by Market Segments (Product/Channel/Region)
22.3.13.4. Sales Footprint
22.3.13.5. Strategy Overview
22.3.14. Phillips 66 Company
22.3.14.1. Overview
22.3.14.2. Product Portfolio
22.3.14.3. Profitability by Market Segments (Product/Channel/Region)
22.3.14.4. Sales Footprint
22.3.14.5. Strategy Overview
22.3.15. Ergon, Inc.
22.3.15.1. Overview
22.3.15.2. Product Portfolio
22.3.15.3. Profitability by Market Segments (Product/Channel/Region)
22.3.15.4. Sales Footprint
22.3.15.5. Strategy Overview
23. Assumptions and Acronyms Used
24. Research Methodology
Let us know your requirement to get
100% FREE customization
List of Tables
Table 01: Global Transformer Oil Market Volume (Tons) and Value (US$ Mn) Forecast by Oil Type, 2017 – 2032&
Table 02: Global Transformer Oil Market Volume (Tons) and Value (US$ Mn)Forecast by Application, 2017 – 2032&
Table 03: Global Transformer Oil Market Volume ( Tons) and Value (US$ Mn) Forecast by End Use Industry, 2017 – 2032&
Table 04: Global Transformer Oil Market Volume (Tons) and Value (US$ Mn) Forecast by Region, 2017 – 2032&
Table 05: North America Transformer Oil Market Volume (Tons) and Value (US$ Mn) Forecast by Country, 2017 – 2032&
Table 06: North America Transformer Oil Market Volume (Tons) and Value (US$ Mn) Forecast by Oil Type, 2017 – 2032&
Table 07: North America Transformer Oil Market Volume (Tons) and Value (US$ Mn)Forecast by Application, 2017 – 2032&
Table 08: North America Transformer Oil Market Volume ( Tons) and Value (US$ Mn) Forecast by End Use Industry, 2017 – 2032&
Table 09: Latin America Transformer Oil Market Volume (Tons) and Value (US$ Mn) Forecast by Country, 2017 – 2032&
Table 10: Latin America Transformer Oil Market Volume (Tons) and Value (US$ Mn) Forecast by Oil Type, 2017 – 2032&
Table 11: Latin America Transformer Oil Market Volume (Tons) and Value (US$ Mn)Forecast by Application, 2017 – 2032&
Table 12: Latin America Transformer Oil Market Volume ( Tons) and Value (US$ Mn) Forecast by End Use Industry, 2017 – 2032&
Table 13: Europe Transformer Oil Market Volume (Tons) and Value (US$ Mn) Forecast by Country, 2017 – 2032&
Table 14: Europe Transformer Oil Market Volume (Tons) and Value (US$ Mn) Forecast by Oil Type, 2017 – 2032&
Table 15: Europe Transformer Oil Market Volume (Tons) and Value (US$ Mn)Forecast by Application, 2017 – 2032&
Table 16: Europe Transformer Oil Market Volume ( Tons) and Value (US$ Mn) Forecast by End Use Industry, 2017 – 2032&
Table 17: East Asia Transformer Oil Market Volume (Tons) and Value (US$ Mn) Forecast by Country, 2017 – 2032&
Table 18: East Asia Transformer Oil Market Volume (Tons) and Value (US$ Mn) Forecast by Oil Type, 2017 – 2032&
Table 19: East Asia Transformer Oil Market Volume (Tons) and Value (US$ Mn)Forecast by Application, 2017 – 2032&
Table 20: East Asia Transformer Oil Market Volume ( Tons) and Value (US$ Mn) Forecast by End Use Industry, 2017 – 2032&
Table 21: SAPeI Transformer Oil Market Volume (Tons) and Value (US$ Mn) Forecast by Country, 2017 – 2032&
Table 22: SAPeI Transformer Oil Market Volume (Tons) and Value (US$ Mn) Forecast by Oil Type, 2017 – 2032&
Table 23: SAPeI Transformer Oil Market Volume (Tons) and Value (US$ Mn)Forecast by Application, 2017 – 2032&
Table 24: SAPeI Transformer Oil Market Volume ( Tons) and Value (US$ Mn) Forecast by End Use Industry, 2017 – 2032&
Table 25: Middle East & Africa Transformer Oil Market Volume (Tons) and Value (US$ Mn) Forecast by Country, 2017 – 2032&
Table 26: Middle East & Africa Transformer Oil Market Volume (Tons) and Value (US$ Mn) Forecast by Oil Type, 2017 – 2032&
Table 27: Middle East & Africa Transformer Oil Market Volume (Tons) and Value (US$ Mn)Forecast by Application, 2017 – 2032&
Table 28: Middle East & Africa Transformer Oil Market Volume ( Tons) and Value (US$ Mn) Forecast by End Use Industry, 2017 – 2032
Table 29: India Transformer Oil Market Volume (Tons) and Value (US$ Mn) Forecast by Oil Type, 2017 – 2032&
Table 30: India Transformer Oil Market Volume (Tons) and Value (US$ Mn)Forecast by Application, 2017 – 2032&
Table 31: India Transformer Oil Market Volume ( Tons) and Value (US$ Mn) Forecast by End Use Industry, 2017 – 2032
Find your sweet spots for generating winning opportunities in this market.
Talk to AnalystList of Charts
Figure 01: Global Historical Market Volume (Tons) Analysis, 2017-2021
Figure 02: Global Current and Future Market Volume (Tons) Analysis, 2022-2032
Figure 03: Global Transformer Oil Historical Value (US$ Mn), 2016 – 2021
Figure 04: Global Transformer Oil Value (US$ Mn) Forecast, 2022 – 2032
Figure 05: Global Transformer Oil Absolute $ Opportunity, 2016 to 2021 and 2032
Figure 06: Global Transformer Oil Market, BPS Analysis by Oil Type – 2022 & 2032
Figure 07: Global Transformer Oil Market, Y-o-Y Analysis by Oil Type, 2017 – 2032
Figure 08: Global Transformer Oil Market Attractiveness Index by Application, 2022 – 2032
Figure 09: Transformer Oil Market Absolute $ Opportunity by Mineral Oil Segment, 2017-2021 and 2022-2032&
Figure 10: Transformer Oil Market Absolute $ Opportunity by Silicone Oil Segment, 2017-2021 and 2022-2032&
Figure 11: Transformer Oil Market Absolute $ Opportunity by Bio-based Oil Segment, 2017-2021 and 2022-2032&
Figure 12: Global Transformer Oil Market, BPS Analysis by Application– 2022 & 2032
Figure 13: Global Transformer Oil Market, Y-o-Y Analysis by Application, 2017 – 2032
Figure 14: Global Transformer Oil Market Attractiveness Index by Application, 2022 – 2032
Figure 15: Transformer Oil Market Absolute $ Opportunity by Transformer Segment, 2017-2021 and 2022-2032&
Figure 16: Transformer Oil Market Absolute $ Opportunity by Switchgear Segment, 2017-2021 and 2022-2032&
Figure 17: Transformer Oil Market Absolute $ Opportunity by Reactor Segment, 2017-2021 and 2022-2032
Figure 18: Global Transformer Oil Market, BPS Analysis by End Use Industry – 2022 & 2032
Figure 19: Global Transformer Oil Market, Y-o-Y Analysis by End Use Industry, 2017 – 2032
Figure 20: Global Transformer Oil Market Attractiveness Index by End Use Industry, 2022 – 2032
Figure 21: Transformer Oil Market Absolute $ Opportunity by Transmission & Distribution Segment, 2017 – 2021 and 2022 – 2032&
Figure 22: Transformer Oil Market Absolute $ Opportunity by Power Generation Segment, 2017 – 2021 and 2022 – 2032&
Figure 23: Transformer Oil Market Absolute $ Opportunity by Railways & Metros Segment, 2017 – 2021 and 2022 – 2032&
Figure 24: Global Transformer Oil Market, BPS Analysis by Region – 2022 & 2032
Figure 25: Global Transformer Oil Market, Y-o-Y Analysis by Region, 2017 – 2032
Figure 26: Global Transformer Oil Market Attractiveness Index by Region, 2022 – 2032
Figure 27: Transformer Oil Market Absolute $ Opportunity by North America, 2017 – 2021 and 2022 – 2032&
Figure 28: Transformer Oil Market Absolute $ Opportunity by Latin America, 2017 – 2021 and 2022 – 2032&
Figure 29: Transformer Oil Market Absolute $ Opportunity by Europe Region, 2017 – 2021 and 2022 – 2032&
Figure 30: Transformer Oil Market Absolute $ Opportunity by East Asia Region, 2017 – 2021 and 2022 – 2032&
Figure 31: Transformer Oil Market Absolute $ Opportunity by SAPeI Region, 2017 – 2021 and 2022 – 2032&
Figure 32: Transformer Oil Market Absolute $ Opportunity by Middle East & Africa Region, 2017 – 2021 and 2022 – 2032&
Figure 33: North America Transformer Oil Market, BPS Analysis by Country – 2022 & 2032
Figure 34: North America Transformer Oil Market, Y-o-Y Growth Comparison by Country, 2021 – 2031
Figure 35: North America Transformer Oil Market Attractiveness Index by Country, 2022 – 2032
Figure 36: North America Transformer Oil Market, BPS Analysis by Oil Type – 2022 & 2032
Figure 37: North America Transformer Oil Market, Y-o-Y Analysis by Oil Type, 2017 – 2032
Figure 38: North America Transformer Oil Market Attractiveness Index by Application, 2022 – 2032
Figure 39: North America Transformer Oil Market, BPS Analysis by Application– 2022 & 2032
Figure 40: North America Transformer Oil Market, Y-o-Y Analysis by Application, 2017 – 2032
Figure 41: North America Transformer Oil Market Attractiveness Index by Application, 2022 – 2032
Figure 42: North America Transformer Oil Market, BPS Analysis by End Use Industry – 2022 & 2032
Figure 43: North America Transformer Oil Market, Y-o-Y Analysis by End Use Industry, 2017 – 2032
Figure 44: North America Transformer Oil Market Attractiveness Index by Application, 2022 – 2032
Figure 45: Latin America Transformer Oil Market, BPS Analysis by Country – 2022 & 2032
Figure 46: Latin America Transformer Oil Market,
Figure 47: Latin America Transformer Oil Market Attractiveness Index by Country, 2022 – 2032
Figure 48: Latin America Transformer Oil Market, BPS Analysis by Oil Type – 2022 & 2032
Figure 49: Latin America Transformer Oil Market, Y-o-Y Analysis by Oil Type, 2017 – 2032
Figure 50: Latin America Transformer Oil Market Attractiveness Index by Application, 2022 – 2032
Figure 51: Latin America Transformer Oil Market, BPS Analysis by Application– 2022 & 2032
Figure 52: Latin America Transformer Oil Market, Y-o-Y Analysis by Application, 2017 – 2032
Figure 53: Latin America Transformer Oil Market Attractiveness Index by Application, 2022 – 2032
Figure 54: Latin America Transformer Oil Market, BPS Analysis by End Use Industry – 2022 & 2032
Figure 55: Latin America Transformer Oil Market, Y-o-Y Analysis by End Use Industry, 2017 – 2032
Figure 56: Latin America Transformer Oil Market Attractiveness Index by Application, 2022 – 2032
Figure 57: Europe Transformer Oil Market, BPS Analysis by Country – 2022 & 2032
Figure 58: Europe Transformer Oil Market, Y-o-Y Growth Comparison by Country, 2021 – 2031
Figure 59: Europe Transformer Oil Market Attractiveness Index by Country, 2022 – 2032
Figure 60: Europe Transformer Oil Market, BPS Analysis by Oil Type – 2022 & 2032
Figure 61: Europe Transformer Oil Market, Y-o-Y Analysis by Oil Type, 2017 – 2032
Figure 62: Europe Transformer Oil Market Attractiveness Index by Application, 2022 – 2032
Figure 63: Europe Transformer Oil Market, BPS Analysis by Application– 2022 & 2032
Figure 64: Europe Transformer Oil Market, Y-o-Y Analysis by Application, 2017 – 2032
Figure 65: Europe Transformer Oil Market Attractiveness Index by Application, 2022 – 2032
Figure 66: Europe Transformer Oil Market, BPS Analysis by End Use Industry – 2022 & 2032
Figure 67: Europe Transformer Oil Market, Y-o-Y Analysis by End Use Industry, 2017 – 2032
Figure 68: Europe Transformer Oil Market Attractiveness Index by Application, 2022 – 2032
Figure 69: East Asia Transformer Oil Market, BPS Analysis by Country – 2022 & 2032
Figure 70: East Asia Transformer Oil Market, Y-o-Y Growth Comparison by Country, 2022 – 2032
Figure 71: East Asia Transformer Oil Market Attractiveness Index by Country, 2022 – 2032
Figure 72: East Asia Transformer Oil Market, BPS Analysis by Oil Type – 2022 & 2032
Figure 73: East Asia Transformer Oil Market, Y-o-Y Analysis by Oil Type, 2017 – 2032
Figure 74: East Asia Transformer Oil Market Attractiveness Index by Application, 2022 – 2032
Figure 75: East Asia Transformer Oil Market, BPS Analysis by Application– 2022 & 2032
Figure 76: East Asia Transformer Oil Market, Y-o-Y Analysis by Application, 2017 – 2032
Figure 77: East Asia Transformer Oil Market Attractiveness Index by Application, 2022 – 2032
Figure 78: East Asia Transformer Oil Market, BPS Analysis by End Use Industry – 2022 & 2032
Figure 79: East Asia Transformer Oil Market, Y-o-Y Analysis by End Use Industry, 2017 – 2032
Figure 80: East Asia Transformer Oil Market Attractiveness Index by Application, 2022 – 2032
Figure 81: SAPeI Transformer Oil Market, BPS Analysis by Country – 2022 & 2032
Figure 82: SAPeI Transformer Oil Market, Y-o-Y Growth Comparison by Country, 2022 – 2032
Figure 83: SAPeI Transformer Oil Market Attractiveness Index by Country, 2022 – 2032
Figure 84: SAPeI Transformer Oil Market, BPS Analysis by Oil Type – 2022 & 2032
Figure 85: SAPeI Transformer Oil Market, Y-o-Y Analysis by Oil Type, 2017 – 2032
Figure 86: SAPeI Transformer Oil Market Attractiveness Index by Application, 2022 – 2032
Figure 87: SAPeI Transformer Oil Market, BPS Analysis by Application– 2022 & 2032
Figure 88: SAPeI Transformer Oil Market, Y-o-Y Analysis by Application, 2017 – 2032
Figure 89: SAPeI Transformer Oil Market Attractiveness Index by Application, 2022 – 2032
Figure 90: SAPeI Transformer Oil Market, BPS Analysis by End Use Industry – 2022 & 2032
Figure 91: SAPeI Transformer Oil Market, Y-o-Y Analysis by End Use Industry, 2017 – 2032
Figure 92: SAPeI Transformer Oil Market Attractiveness Index by Application, 2022 – 2032
Figure 93: Middle East & Africa Transformer Oil Market, BPS Analysis by Country – 2022 & 2032
Figure 94: Middle East & Africa Transformer Oil Market, Y-o-Y Growth Comparison by Country, 2022 – 2032
Figure 95: Middle East & Africa Transformer Oil Market Attractiveness Index by Country,
Figure 96: Middle East & Africa Transformer Oil Market, BPS Analysis by Oil Type – 2022 & 2032
Figure 97: Middle East & Africa Transformer Oil Market, Y-o-Y Analysis by Oil Type, 2017 – 2032
Figure 98: Middle East & Africa Transformer Oil Market Attractiveness Index by Application, 2022 – 2032
Figure 99: Middle East & Africa Transformer Oil Market, BPS Analysis by Application– 2022 & 2032
Figure 100: Middle East & Africa Transformer Oil Market, Y-o-Y Analysis by Application, 2017 – 2032
Figure 101: Middle East & Africa Transformer Oil Market Attractiveness Index by Application, 2022 – 2032
Figure 102: Middle East & Africa Transformer Oil Market, BPS Analysis by End Use Industry – 2022 & 2032
Figure 103: Middle East & Africa Transformer Oil Market, Y-o-Y Analysis by End Use Industry, 2017 – 2032
Figure 104: Middle East & Africa Transformer Oil Market Attractiveness Index by Application, 2022 – 2032
Figure 105: India Transformer Oil Market, BPS Analysis by Oil Type – 2022 & 2032
Figure 106: India Transformer Oil Market, Y-o-Y Analysis by Oil Type, 2017 – 2032
Figure 107: India Transformer Oil Market Attractiveness Index by Application, 2022 – 2032
Figure 108: India Transformer Oil Market, BPS Analysis by Application– 2022 & 2032
Figure 109: India Transformer Oil Market, Y-o-Y Analysis by Application, 2017 – 2032
Figure 110: India Transformer Oil Market Attractiveness Index by Application, 2022 – 2032
Figure 111 India Transformer Oil Market, BPS Analysis by End Use Industry – 2022 & 2032
Figure 112: India Transformer Oil Market, Y-o-Y Analysis by End Use Industry, 2017 – 2032
Figure 113: India Transformer Oil Market Attractiveness Index by End Use Industry, 2022 – 2032
Need specific information?
Request CustomizationExplore Chemicals & Materials Insights
View Reports
