Uninhibited transformer oil is highly refined, clean, and efficient performing transformer oil, which provide low temperature performance and high dielectric strength. Uninhibited transformer oil possess good oxidation stability and is produced by distillation of virgin paraffinic and naphthenic crude oils.
Uninhibited transformer oil is used in transformers, condensers, inductors, switchgear, circuit breaker,transducers and in other equipment as an insulating oil. Uninhibited transformer oil insulates current carrying parts from each other and also from the ground. It also transmit heat away and avoids glow discharges.
There are many advantages of uninhibited transformer oil which drives its market, such as high dielectric strength with low power loss increasing its use in transformer and insulators. High purity, high flash point and good cooling capacity. Uninhibited transformer oil provides more protection for electrical equipment as it contain no additives.
The market for uninhibited transformer oil is growing, and one of the key factors behind its growth is the increase in the deployment of power equipment, in developing as well as developed countries, which is expected to give rise to their overall market growth over the forecast period of 2017–2027.
The world is going digital; in order to support the growth of automation and computerization in industries, residential and commercial spaces, electricity is required, which in turn, creates the demand for power infrastructure. Power equipment, being an integral part of power infrastructure, are also witnessing a proportionate growth, which subsequently, is expected to create the demand for uninhibited transformer oil across the globe.
Other than this, uninhibited transformer oil extends transformer life, which gives it a vantage point for its increasing use among end-consumers. It has low pour point and low viscosity, provides good fluidity at low temperature. Due to its low dissipation power and high dielectric point, it maintains working efficiency of the transformer. Since uninhibited transformer oil is highly refined and clean, it resists sludge deposit and provides long service life.
The uninhibited transformer oil market is dependent on the crude oil market. High fluctuations in the price of raw material may restrain the market growth; also, increase in the adoption of dry transformers may provide challenges to the market growth of uninhibited transformer oil.
Increase in power generation through greenhouse technology, wind energy, tidal energy and other renewable energy sources is emerging as a global trend. The growing use of power generation equipment for energy generation through these technologies is also increasing the market growth of uninhibited transformer oil, which is further expected to fuel its market growth.
Increase in the market for power supply equipment in various countries is impacting the market growth of uninhibited transformer oil. In the Asia Pacific region, developing countries such as China and India are investing more on power generation to fulfill the regional power demand. This, in turn, is expected to create opportunities for growth of the uninhibited transformer oil market in Asia Pacific region in the forecast period.
In the modern world, electricity is a basic need of every civilization and economic growth of a nation directly depends on the electricity. To meet the growing demand for electricity, countries across the Middle East and Africa regions are also investing more on power generation, which in turn, is expected to create high demand for uninhibited transformer oil in these regions.
Some of the market participants operating across the value chain of uninhibited transformer oil include: Gold Oil Corporation, Crystal lubricants, Nynas AB, Gulf Oil Corporation, Taurus Petroleum, Engen Petroleum Ltd., Lubrita Europe B.V., Paras lubricants, Vega Lubricants Pvt. Ltd., Pro Oil SA, Savita Oil Technologies Limited, Apar Industries Ltd., Phillips 66 Lubricants, Vintrol Lubes Private Limited, Resolute oil, LLC., U.S. Lubricants, Eastern Petroleum Pvt. Ltd., Ergon International, Inc., Powerlink Oil Refinery Ltd., Panama Petrochem Ltd., etc.
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments, geographies, type of product and applications.
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
One of the many ways by which the global uninhibited transformer oil market can be segmented is on the basis of application.
On the basis of application, the market is segmented as the following:
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Uninhibited Transformer Oil Market
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