The new report on the Dielectric Fluids Market provides estimations of the size of the global market and share and size of key regional markets during the historical period of 2014 – 2018. The study provides projections of the opportunities and shares, both vis-à-vis value (US$Mn/Bn) and volume volume (n units), of various segments in the Dielectric Fluids Market during the forecast period of 2018 – 2027. The business intelligence study offers readers a granular assessment of key growth dynamics, promising avenues, and the competitive landscape of the Dielectric Fluids Market.
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To offer a comprehensive assessment of opportunities, the study makes a scrutiny of growth prospects in various regions. The key regions comprise the following geographical segments:
- North America (U.S., Canada)
- Latin America (Mexico. Brazil)
- Western Europe (Germany, Italy, France, U.K, Spain)
- Eastern Europe (Poland, Russia)
- Asia Pacific (China, India, ASEAN, Australia & New Zealand)
- Japan
- Middle East and Africa (GCC, S. Africa, N. Africa)
The detailed assessments focus on, inter alia, on the regulatory and macroeconomic frameworks, prevailing pricing structure, imminent investment pockets, and emerging application areas. Taking the analysis further, the study helps readers get a better understanding of the trends characteristics of the emerging markets, including government regulations crucial to growth of such markets. Shares of major regional markets are also presented in the analysis.
Energy Infrastructure to Augment Use of Transformer Dielectric Fluids
In the coming decade, with increasing demand for electricity and new power generation projects, electric utilities are likely to invest around US$ 3.2 trillion at a global level for new transmission as well as replacement transmission and distribution infrastructure, which is expected to auger well for power and distribution transformers. In addition, transformer and energy infrastructure industry is witnessing steady growth with increasing government initiatives that has resulted in an upsurge in the power sector. Dielectric fluids, being a vital component for cooling and providing electrical resistance in distribution and power transformers, is expected to witness significant demand during the assessment period, consequently supporting the growth of the global market for dielectric fluids.
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Biodegradable Dielectric Fluids: The Most Eco-Friendly Solution
Polychlorinated biphenyls (PCBs) were initially used in dielectric fluids and coolants in transformers for heat transfer applications. However, several problems associated with environmental toxicity were witnessed that banned the use of polychlorinated biphenyls in dielectric fluids. Environment Agency and Department for Environment, Food and Rural Affairs have imposed regulations regarding the use and disposal of polychlorinated biphenyls to reduce environmental hazards.
This led to the development of biodegradable dielectric fluids that offer better performance and are environment friendly. For example, Cargill Incorporated has developed Envirotemp FR3 dielectric fluid that is bio-based natural ester fluid used in transformers. Its fire safety property, electrical property, environment friendliness and chemical properties are in accordance with the ASTM D6871 and IEC 62770 rules. It does not contain silicones, halogens, corrosive sulfur or petroleum and thoroughly biodegrades at a rapid pace with low carbon footprint. This has spurred the use of biodegradable dielectric fluids, thus contributing to the overall growth of the global dielectric fluids market.
The global Dielectric Fluids Market report answers numerous pertinent questions, some of which are:
- What are some of the latent areas of investments in the Dielectric Fluids Market?
- Which region is expected to emerge as showing the most attractive growth rate during the forecast period and which factors will be crucial to its growth?
- What trends are likely to change the status quo of the positions held by leading players of the Dielectric Fluids Market in the not-so-distant future?
- Which product/service/technology segments holds game-changing potential to dramatically shape the competitive dynamic in the Dielectric Fluids Market?
- What are the strategies adopted by top players to retain their stronghold in the Dielectric Fluids Market?
- Which strategic moves will new entrants adopt to gain a strong foothold in the Dielectric Fluids Market?
How can Fact.MR Make Difference?
- In-depth understanding of key industry trends shaping the present growth dynamics
- Offers value chain analysis and price trend analysis of various offering of competitors
- Offers data-drive decision to help companies decide strategies that need recalibration
- Offers insights into areas in research and development that should attract
- Identifies data outliers before your competitors
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