Transformer Oil Market Size, Share Report, Analysis, Trends, Growth 2032

Transformer Oil Market

Transformer Oil Market - By Type (Mineral Oil-Based, Silicone-Based, And Bio-Based Oil), By Applications (Distribution Transformers And Power Transformers), and By Region - Global Industry Perspective, Comprehensive Analysis And Forecast, 2024 - 2032

Category: Chemical & Materials Report Format : PDF Pages: 155 Report Code: ZMR-774 Published Date: Nov-2024 Status : Published
Market Size in 2023 Market Forecast in 2032 CAGR (in %) Base Year
USD 2.05 Billion USD 4.18 Billion 8.26% 2023

Table Of Content

  • Chapter No. 1 Introduction
    • 1.1. Report Description
      • 1.1.1. Purpose of the Report
      • 1.1.2. USP & Key Offerings
    • 1.2. Key Benefits for Stakehulders
    • 1.3. Target Audience
    • 1.4. Report Scope
  • Chapter No. 2 Executive Summary
    • 2.1. Key Findings
      • 2.1.1. Top Investment Pockets
        • 2.1.1.1. Market Attractiveness Analysis, By Type
        • 2.1.1.2. Market Attractiveness Analysis, By Application
        • 2.1.1.3. Market Attractiveness Analysis, By Region
    • 2.2. Market Snapshot
    • 2.3. Global Transformer Oil Market, 2016 – 2028 (USD Million)
    • 2.4. Insights from Primary Respondents
  • Chapter No. 3 COVID 19 Impact Analysis
    • 3.1. Impact Assessment of COVID-19 Pandemic, By Region
      • 3.1.1. North America
      • 3.1.2. Europe
      • 3.1.3. Asia Pacific
      • 3.1.4. Latin America
      • 3.1.5. The Middle-East and Africa
    • 3.2. Quarterly Market Revenue and Forecast by Region 2020 & 2021
    • 3.3. Pre COVID-19 Market Revenue, By Region, 2016-2019 (USD Million)
    • 3.4. Post COVID-19 Market Revenue, By Region, 2020-2028 (USD Million)
    • 3.5. Key Strategies Undertaken by Companies to Tackle COVID-19
      • 3.5.1. Company Quarterly Revenue Analysis, 2019 & 2020
    • 3.6. Short Term Dynamics
    • 3.7. Long Term Dynamics
  • Chapter No. 4 Transformer Oil Market – Type Segment Analysis
    • 4.1. Overview
      • 4.1.1. Market Revenue Share, By Type, 2020 & 2028
    • 4.2. Mineral Oil-Based
      • 4.2.1. Market Size and Forecast, By Region (USD Million)
      • 4.2.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 4.2.3. Key Market Trends, Growth Factors, & Opportunities
    • 4.3. Silicone-Based
      • 4.3.1. Market Size and Forecast, By Region (USD Million)
      • 4.3.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 4.3.3. Key Market Trends, Growth Factors, & Opportunities
    • 4.4. Bio-Based Oil
      • 4.4.1. Market Size and Forecast, By Region (USD Million)
      • 4.4.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 4.4.3. Key Market Trends, Growth Factors, & Opportunities
  • Chapter No. 5 Transformer Oil Market – Application Segment Analysis
    • 5.1. Overview
      • 5.1.1. Market Revenue Share, By Application, 2020 & 2028
    • 5.2. Distribution transformers
      • 5.2.1. Market Size and Forecast, By Region (USD Million)
      • 5.2.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 5.2.3. Key Market Trends, Growth Factors, & Opportunities
    • 5.3. Power Transformers
      • 5.3.1. Market Size and Forecast, By Region (USD Million)
      • 5.3.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 5.3.3. Key Market Trends, Growth Factors, & Opportunities
  • Chapter No. 6: Transformer Oil Market – Industry Analysis
    • 6.1. Overview
      • 6.1.1. Global Market Revenue Share, By Region, 2020 & 2028
      • 6.1.2. Global Market Revenue, By Region, 2016 – 2028 (USD Million)
    • 6.2. North America
      • 6.2.1. North America Market Revenue, By Country, 2016 – 2028 (USD Million)
      • 6.2.2. North America Market Revenue, By Type, 2016 – 2028
      • 6.2.3. North America Market Revenue, By Application, 2016 – 2028
      • 6.2.4. U.S.
        • 6.2.4.1. U.S. Market Revenue, By Type, 2016 – 2028
        • 6.2.4.2. U.S. Market Revenue, By Application, 2016 – 2028
      • 6.2.5. Canada
        • 6.2.5.1. Canada Market Revenue, By Type, 2016 – 2028
        • 6.2.5.2. Canada Market Revenue, By Application, 2016 – 2028
      • 6.2.6. Mexico
        • 6.2.6.1. Mexico Market Revenue, By Type, 2016 – 2028
        • 6.2.6.2. Mexico Market Revenue, By Application, 2016 – 2028
    • 6.3. Europe
      • 6.3.1. Europe Market Revenue, By Country, 2016 – 2028 (USD Million)
      • 6.3.2. Europe Market Revenue, By Type, 2016 – 2028
      • 6.3.3. Europe Market Revenue, By Application, 2016 – 2028
      • 6.3.4. Germany
        • 6.3.4.1. Germany Market Revenue, By Type, 2016 – 2028
        • 6.3.4.2. Germany Market Revenue, By Application, 2016 – 2028
      • 6.3.5. France
        • 6.3.5.1. France Market Revenue, By Type, 2016 – 2028
        • 6.3.5.2. France Market Revenue, By Application, 2016 – 2028
      • 6.3.6. U.K.
        • 6.3.6.1. U.K. Market Revenue, By Type, 2016 – 2028
        • 6.3.6.2. U.K. Market Revenue, By Application, 2016 – 2028
      • 6.3.7. Italy
        • 6.3.7.1. Italy Market Revenue, By Type, 2016 – 2028
        • 6.3.7.2. Italy Market Revenue, By Application, 2016 – 2028
      • 6.3.8. Spain
        • 6.3.8.1. Spain Market Revenue, By Type, 2016 – 2028
        • 6.3.8.2. Spain Market Revenue, By Application, 2016 – 2028
      • 6.3.9. Rest of Europe
        • 6.3.9.1. Rest of Europe Market Revenue, By Type, 2016 – 2028
        • 6.3.9.2. Rest of Europe Market Revenue, By Application, 2016 – 2028
    • 6.4. Asia Pacific
      • 6.4.1. Asia Pacific Market Revenue, By Country, 2016 – 2028 (USD Million)
      • 6.4.2. Asia Pacific Market Revenue, By Type, 2016 – 2028
      • 6.4.3. Asia Pacific Market Revenue, By Application, 2016 – 2028
      • 6.4.4. China
        • 6.4.4.1. China Market Revenue, By Type, 2016 – 2028
        • 6.4.4.2. China Market Revenue, By Application, 2016 – 2028
      • 6.4.5. Japan
        • 6.4.5.1. Japan Market Revenue, By Type, 2016 – 2028
        • 6.4.5.2. Japan Market Revenue, By Application, 2016 – 2028
      • 6.4.6. India
        • 6.4.6.1. India Market Revenue, By Type, 2016 – 2028
        • 6.4.6.2. India Market Revenue, By Application, 2016 – 2028
      • 6.4.7. South Korea
        • 6.4.7.1. South Korea Market Revenue, By Type, 2016 – 2028
        • 6.4.7.2. South Korea Market Revenue, By Application, 2016 – 2028
      • 6.4.8. South-East Asia
        • 6.4.8.1. South-East Asia Market Revenue, By Type, 2016 – 2028
        • 6.4.8.2. South-East Asia Market Revenue, By Application, 2016 – 2028
      • 6.4.9. Rest of Asia Pacific
        • 6.4.9.1. Rest of Asia Pacific Market Revenue, By Type, 2016 – 2028
        • 6.4.9.2. Rest of Asia Pacific Market Revenue, By Application, 2016 – 2028
    • 6.5. Latin America
      • 6.5.1. Latin America Market Revenue, By Country, 2016 – 2028 (USD Million)
      • 6.5.2. Latin America Market Revenue, By Type, 2016 – 2028
      • 6.5.3. Latin America Market Revenue, By Application, 2016 – 2028
      • 6.5.4. Brazil
        • 6.5.4.1. Brazil Market Revenue, By Type, 2016 – 2028
        • 6.5.4.2. Brazil Market Revenue, By Application, 2016 – 2028
      • 6.5.5. Argentina
        • 6.5.5.1. Argentina Market Revenue, By Type, 2016 – 2028
        • 6.5.5.2. Argentina Market Revenue, By Application, 2016 – 2028
      • 6.5.6. Rest of Latin America
        • 6.5.6.1. Rest of Latin America Market Revenue, By Type, 2016 – 2028
        • 6.5.6.2. Rest of Latin America Market Revenue, By Application, 2016 – 2028
    • 6.6. The Middle-East and Africa
      • 6.6.1. The Middle-East and Africa Market Revenue, By Type, 2016 – 2028 (USD Million)
      • 6.6.2. The Middle-East and Africa Market Revenue, By Product, 2016 – 2028
      • 6.6.3. The Middle-East and Africa Market Revenue, By Application, 2016 – 2028
      • 6.6.4. GCC Countries
        • 6.6.4.1. GCC Countries Market Revenue, By Type, 2016 – 2028
        • 6.6.4.2. GCC Countries Market Revenue, By Application, 2016 – 2028
      • 6.6.5. South Africa
        • 6.6.5.1. South Africa Market Revenue, By Type, 2016 – 2028
        • 6.6.5.2. South Africa Market Revenue, By Application, 2016 – 2028
      • 6.6.5. Rest of Middle-East Africa
        • 6.6.5.1. Rest of Middle-East Africa Market Revenue, By Type, 2016 – 2028
        • 6.6.5.2. Rest of Middle-East Africa Market Revenue, By Application, 2016 – 2028
  • Chapter No. 7: Transformer Oil Market – Industry Analysis
    • 7.1. Introduction
    • 7.2. Market Drivers
      • 7.2.1. Driving Factor 1 Analysis
      • 7.2.2. Driving Factor 2 Analysis
    • 7.3. Market Restraints
      • 7.3.1. Restraining Factor Analysis
    • 7.4. Market Opportunities
      • 7.4.1. Market Opportunity Analysis
    • 7.5. Porter’s Five Forces Analysis
    • 7.6. PEST Analysis
    • 7.7. Regulatory Landscape
    • 7.8. Technology Landscape
    • 7.9. Regional Market Trends
      • 7.9.1. North America
      • 7.9.2. Europe
      • 7.9.3. Asia Pacific
      • 7.9.4. Latin America
      • 7.9.5. The Middle-East and Africa
    • 7.10. Pricing Analysis
    • 7.11. Value Chain Analysis
    • 7.12. Downstream Buyers
    • 7.13. Distributors/Traders List
  • Chapter No. 8: Competitive Landscape
    • 8.1. Company Market Share Analysis – 2019
      • 8.1.1. Global Transformer Oil Market: Company Market Share, 2019
      • 8.1.2. Global Transformer Oil Market, Company Market Revenue, 2016 – 2019 (USD Million)
      • 8.1.3. Global Transformer Oil Market, Company Y-o-Y Growth, 2017 – 2019 (%)
      • 8.1.4. Global Transformer Oil Market: Radar Determinant Chart, 2019
    • 8.2. Strategic Developments
      • 8.2.1. Acquisitions & Mergers
      • 8.2.2. New Product Launch
      • 8.2.3. Regional Expansion
    • 8.3. Company Strategic Developments – Heat Map Analysis
  • Chapter No. 9: Company Profiles
    • 9.1. Nynas AB
      • 9.1.1. Company Overview
      • 9.1.2. Key Executives
      • 9.1.3. Product Portfolio
      • 9.1.4. Financial Overview
      • 9.1.5. Operating Business Segments
      • 9.1.6. Business Performance
      • 9.1.7. Recent Developments
    • 9.2. Ergon Inc.
    • 9.3. PetroChina Company Limited
    • 9.4. APAR Industries Limited
    • 9.5. Calumet Specialty Products Partners
    • 9.6. Sinopec Corporation
    • 9.7. Hydrodec Group PLC
    • 9.8. Cargill Incorporated
    • 9.9. Engen Petruleum Limited
    • 9.10. Valvuline
  • Chapter No. 10: Marketing Strategy Analysis
    • 10.1. Marketing Channel
    • 10.2. Direct Marketing
    • 10.3. Indirect Marketing
    • 10.4. Marketing Channel Development Trends
    • 10.5. Economic/Pulitical Environmental Change
  • Chapter No. 11: Research Methodology
    • 11.1. Research Methodology
    • 11.2. Phase I - Secondary Research
    • 11.3. Phase II - Data Modeling
      • 11.3.1. Company Share Analysis Model
      • 11.3.2. Revenue Based Modeling
    • 11.4. Phase III - Primary Research
    • 11.5. Research Limitations
      • 11.5.1. Assumptions

Table Of Figures

List of Figures 

FIG NO. 1. Market Attractiveness Analysis, By Type
FIG NO. 2. Market Attractiveness Analysis, By Application
FIG NO. 3. Market Attractiveness Analysis, By Region
FIG NO. 4. Global Transformer Oil Market Revenue, 2016 – 2028 (USD Million)
FIG NO. 5. Impact of COVID-19 Pandemic in North America Countries
FIG NO. 6. Market Revenue Share, By Type, 2020 & 2028 
FIG NO. 7. Global Transformer Oil Market for Mineral Oil-Based, Revenue (USD Million) 2016 – 2028
FIG NO. 8. Comparative Revenue Analysis of Transformer Oil Market for Mineral Oil-Based, By Country, 2020 & 2028
FIG NO. 9. Global Transformer Oil Market for Silicone-Based, Revenue (USD Million) 2016 – 2028
FIG NO. 10. Comparative Revenue Analysis of Transformer Oil Market for Silicone-Based, By Country, 2020 & 2028
FIG NO. 11. Global Transformer Oil Market for Bio-Based Oil, Revenue (USD Million) 2016 – 2028
FIG NO. 12. Comparative Revenue Analysis of Transformer Oil Market for Bio-Based Oil By Country, 2020 & 2028
FIG NO. 13. Market Revenue Share, By Application, 2020 & 2028 
FIG NO. 14. Global Transformer Oil Market for Distribution transformers, Revenue (USD Million) 2016 – 2028
FIG NO. 15. Comparative Revenue Analysis of Transformer Oil Market for Distribution transformers, By Country, 2020 & 2028
FIG NO. 16. Global Transformer Oil Market for Power Transformers, Revenue (USD Million) 2016 – 2028
FIG NO. 17. Comparative Revenue Analysis of Transformer Oil Market for Power Transformers, By Country, 2020 & 2028
FIG NO. 18. Global Transformer Oil Market Revenue Share, By Region, 2020 & 2028
FIG NO. 19. North America Transformer Oil Market Revenue, 2016 - 2028 (USD Million)
FIG NO. 20. Porter’s Five Forces Analysis for Global Transformer Oil Market
FIG NO. 21. PEST Analysis for Global Transformer Oil Market
FIG NO. 22. Pricing Analysis for Global Transformer Oil Market
FIG NO. 23. Value Chain Analysis for Global Transformer Oil Market
FIG NO. 24. Company Share Analysis, 2019
FIG NO. 25. Radar Determinant Chart, 2019
FIG NO. 26. Company Strategic Developments – Heat Map Analysis
FIG NO. 27. Archer Daniels Midland Company Business Segment Revenue Share, 2020 (%)
FIG NO. 28. Archer Daniels Midland Company Geographical Segment Revenue Share, 2020 (%)
FIG NO. 29. Market Channels
FIG NO. 30. Marketing Channel Development Trend
FIG NO. 31. Growth in World Gross Product, 2008-2018
FIG NO. 32. Research Methodology – Detailed View
FIG NO. 33. Research Methodology
 


Table Of Tables

List of Tables 

TABLE NO. 1. Global Transformer Oil Market: Snapshot
TABLE NO. 2. Quarterly Transformer Oil Market Revenue by Region, 2020
TABLE NO. 3. Quarterly Transformer Oil Market Revenue Forecast by Region, 2021
TABLE NO. 4. Pre COVID-19 Market Revenue, By Region, 2016-2019 (USD Million) 
TABLE NO. 5. Post COVID-19 Market Revenue, By Region, 2020-2028 (USD Million) 
TABLE NO. 6. Global Transformer Oil Market for Mineral Oil-Based, by Region, 2016 – 2028 (USD Million)
TABLE NO. 7. Global Transformer Oil Market for Silicone-Based, by Region, 2016 – 2028 (USD Million)
TABLE NO. 8. Global Transformer Oil Market for Bio-Based Oil by Region, 2016 – 2028 (USD Million)
TABLE NO. 9. Global Transformer Oil Market for Distribution transformers, by Region, 2016 – 2028 (USD Million)
TABLE NO. 10. Global Transformer Oil Market for Power Transformers, by Region, 2016 – 2028 (USD Million)
TABLE NO. 11. Global Transformer Oil Market Revenue, By Region, 2016 – 2028 (USD Million)
TABLE NO. 12. North America Transformer Oil Market Revenue, By Country, 2016 – 2028 (USD Million)
TABLE NO. 13. North America Transformer Oil Market Revenue, By Type, 2016 – 2028 (USD Billon)
TABLE NO. 14. North America Transformer Oil Market Revenue, By Application, 2016 – 2028 (USD Million)
TABLE NO. 15. U.S. Transformer Oil Market Revenue, By Type, 2016 – 2028 (USD Million)
TABLE NO. 16. U.S. Transformer Oil Market Revenue, By Application, 2016 – 2028 (USD Million)
TABLE NO. 17. Canada Transformer Oil Market Revenue, By Type, 2016 – 2028 (USD Million)
TABLE NO. 18. Canada Transformer Oil Market Revenue, By Application, 2016 – 2028 (USD Million)
TABLE NO. 19. Mexico Transformer Oil Market Revenue, By Type, 2016 – 2028 (USD Million)
TABLE NO. 20. Mexico Transformer Oil Market Revenue, By Application, 2016 – 2028 (USD Million)
TABLE NO. 21. Drivers for the Transformer Oil Market: Impact Analysis
TABLE NO. 22. Restraints for the Transformer Oil Market: Impact Analysis
TABLE NO. 23. Major Buyers of Transformer Oil
TABLE NO. 24. Distributors/Traders List of Transformer Oil
TABLE NO. 25. Global Transformer Oil Market, Company Market Revenue, 2016 – 2019 (USD Million)
TABLE NO. 26: Global Transformer Oil Market, Company Y-o-Y Growth, 2017 – 2019 (USD Million)   


 

Methodology

FrequentlyAsked Questions

The global Transformer Oil Market was valued at USD 2.05 Billion in 2023.

The global Transformer Oil Market is expected to reach USD 4.18 Billion by 2032, growing at a CAGR of 8.26% between 2024 to 2032.

The factors driving the growth of transformer oil are the up-gradation of electric grids in developing countries along with the expansion of electric grids due to growing industrialization and urbanization.

Area-wise, Asia Pacific was the most important region for the transformer oil market and is probably going to hold on being a primary region within the years to return.

Some of the key manufacturers included in the study are Nynas AB, Ergon Inc., PetroChina Company Limited, APAR Industries Limited, Calumet Specialty Products Partners, Sinopec Corporation, Hydrodec Group PLC, Cargill Incorporated, Engen Petroleum Limited, Valvoline, San Joaquin Refining Co., Inc., and Gandhar Oil Refinery India Limited.

 

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List of Contents

Market InsightsMarket:Overview Market:COVID-19 Impact AnalysisMarket:Growth FactorsReport ScopeType Segment Analysis Preview Application Segment Analysis Preview Regional Segment Analysis Preview Market:? Competitive LandscapeThe global Market is segmented as follows:

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