Global Transformer Oil Market to grow at a CAGR of 8.96% during 2016-2020: Key vendors Sinopec, Nynas, PetroChina, Ergon Energy, Apar Industries

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About Transformer Oil

Transformer oil is generally used as an insulation and arc-quenching medium in power and distribution transformers. Windings use cellulose insulation, which has a strong affinity for oxygen and is immersed in transformer oil to prevent oxidation. Transformer oil is produced by the fractional distillation and subsequent processing of crude oil. It also finds application in circuit breakers and switchgear that are traditional and use oil as the arc-quenching fluid.

Technavios analysts forecast the global transformer oil market to grow at a CAGR of 8.96% during the period 2016-2020.

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Covered in this report
The report covers the present scenario and the growth prospects of the global transformer oil market for 2016-2020. To calculate the market size, Technavio has considered the demand for transformer oil from power and distribution transformers across the globe.

The market is divided into the following segments based on geography:
Americas
APAC
EMEA

Technavio's report, Global Transformer Oil Market 2016-2020, 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 over the coming years. The report also includes a discussion of the key vendors operating in this market.

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Table of Content

PART 01: Executive summary
Highlights
PART 02: Scope of the report
Market overview
PART 03: Market research methodology
Research methodology
Economic indicators
PART 04: Introduction
Key market highlights
PART 05: Market landscape
Market size and forecast
Five forces analysis
PART 06: Market drivers
T&D expansion leading to increase in transformer installations
Modernization of existing transformers
Renewable power generation capacity expansion
PART 07: Impact of drivers
PART 08: Market challenges
Deterioration of transformer oil due to moisture ingress
Corrosive nature of sulfur present in transformer oil
Emergence of dry-type transformers

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