Due to the increasing need for power across the globe, the global transformer oil market is witnessing a high growth rate. The increasing distribution of oil filled transformers in emerging nations, such as China and India, where the emphasis of the governments is to develop the power infrastructure is also boosting this market considerably. A new market report labeled as “Transformer Oil Market - Global Industry Analysis Size Share Growth Trends and Forecast 2016 – 2024” ... Read more

A latest research report titled as “Transformer Oil Market - Global Industry Analysis Size Share Growth Trends and Forecast 2016 - 2024” has been recently added to the vast portfolio of Market Research Reports Search Engine (MRRSE) online research offerings. This report is a professional and in-depth analysis on the present state and future prospect for the global market. It provides ... Read more

The global market for transformer oil is currently strongly consolidated in nature, and is likely to remain in a similar state over the coming years, according to a new research study by Transparency Market Research (TMR). The five leading players in the market – ExxonMobil, Shell, Nynas AB, and Sinopec – took up over 45% of its overall value in 2015. The key players are dedicating more of their assets on the developing of novel, safe, and green bio-based transformer oils to be made ... Read more

The global transformer oil market mainly depicts the presence of a strongly consolidated vendor landscape, says Transparency Market Research, on the basis of a recently published research report. Such a state of consolidation is likely to remain in a similar situation over the upcoming few years. This consolidated vendor landscape mainly exists due to the presence of a handful of players. To be more specific ... Read more

Insulating oil used in an electrical transformer is usually known as transformer oil. These oils are widely used in switch gears, florescent ballast lamps, oil-filled transformers, and various types of high voltage capacitors. Transformer oil acts as a coolant. Such oil is mainly derived from crude oil through the process of fractional distillation.

In a transformer, transformer oil serves two crucial functions such as dissipation of heat which ... Read more

Transformer Oil Market Overview:

Transformer Oil Market is Estimated to Grow Globally at 8.63% CAGR Accounting to USD 4,002.8 Mn during the Forecasting Period by 2018 to 2023.

Transformer Oil Market is projected to grow at a moderate pace of 7.5% in the next six years.

Transformer Oil Market Key Players:

Market Research Future (MRFR) recognizes the following companies as the key players in the global transformer oils market; ... Read more

Transformer Oil Market Overview:

Remarking on this report, an analyst from Market Research Future (MRFR)’s team said, the global transformer oils market is predicted to grow at a healthy CAGR to reach USD 4,002.8 million by the end of 2023. The changing lifestyle and the demand for high-tech devices has increased the power consumption rate, which is likely to propel the global market further. Some of the key market factors that positively influence the market growth ... Read more