Transformer oil is special oil that is stable at high temperatures and has excellent electrical insulating properties. It serves two important functions in a transformer, viz., suppression of arcing and dissipation of heat generated in the transformer.
In 2019, the global Transformer Oil market size was US$ 269.5 million and it is expected to reach US$ 399 million by the end of 2027, with a CAGR of 5% during 2021-2027.
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The major companies include:
- Petrochina
- Apar Industry
- CNOOC
- Sinopec
- Savita Oil
- Jiangsu Gaoke
- Raj Petro Specialties
- JXTG
- Nynas
- Jiangsu Shuangjiang
- Shell
Segment by Type, the Transformer Oil market is segmented into
- Mineral Oil-based Transformer Oil
- Synthetic Oil-based Transformer Oil
- Silicone-based Transformer Oil
- Others
Segment by Application, the Transformer Oil market is segmented into
- Ordinary Transformer
- EHV Transformer
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Scope of the Report
The research study analyzes the global Transformer Oil industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Transformer Oil Market Report
1. What was the Transformer Oil Market size in 2018 and 2019; what are the estimated growth trends and market forecast (2021-2027).
- What will be the CAGR of Transformer Oil Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2018? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Transformer Oil Market was the market leader in 2018?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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