1 / 5

Transformer Oil Market Expected to Expand at a Steady CAGR through 2025

In order to meet the residential, commercial and industrial energy requirements and ensure a smooth operation of power supply transformer plays an important role. During transformer operation, transformers dissipate heat which can damage the system if not controlled. In order to achieve seamless operation of transformer by preventing from heat damage the oil are used. Transformer oil is used in oil-filled and submersible transformers to maintain temperature of transformer. Application of transformer oil can also be seen in high-voltagecircuit breakers and switches. Since the oil is in constant contact with components it is therefore susceptible to chemical interaction. It is therefore essential to check for the quality of transformer oil at regular intervals since with continuous reaction the chemical composition of the oil may change and this may render it unfit for use.

Ethan_smith
Download Presentation

Transformer Oil Market Expected to Expand at a Steady CAGR through 2025

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Global Transformer Oil Market Share, Global Trends, Analysis, Research, Report, Opportunities, Segmentation and Forecast, 2015 Future Market Insights www.futuremarketinsights.com sales@futuremarketinsights.com

  2. Future Market Insights (FMI) is a premier provider of syndicated research reports, custom research reports, and consulting services. We deliver a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, aerial view of the competitive framework, and future market trends. We provide research services at a global as well as regional level; key regions include GCC, ASEAN, and BRIC. Our offerings cover a broad spectrum of industries including Chemicals, Materials, Energy, Technology, Healthcare, and Retail. We have a global presence with delivery centers across India specializing in providing global research reports and country research reports. FMI is headquartered out of London, U.K., with a state-of-the-art delivery center located in Pune, India. We combine our knowledge and learning from every corner of the world to distill it to one thing – the perfect solution for our client. Research Capabilities Subscription Information Sector Coverage • Automotive and Transportation • Electronics, Semiconductor, and ICT • Retail and Consumer Products • Industrial Automation and Equipment • Customized Research • Syndicated Research • Investment Research • Social Media Research • Chemicals & Materials • Food and Beverages • Services and Utilities • Energy, Mining, Oil, and Gas Customized Research Syndicated Research Investment Research Social Media Research For detailed subscription information please contact Hari. T (Sr. Manager - Global Business Development) T: +44 (0) 20 7692 8790 | D: +44 20 3287 4268 Email: hari.t@futuremarketinsights.com

  3. Report Description Report Description In order to meet the residential, commercial and industrial energy requirements and ensure a smooth operation of power supply transformer plays an important role. During transformer operation, transformers dissipate heat which can damage the system if not controlled. In order to achieve seamless operation of transformer by preventing from heat damage the oil are used. Transformer oil is used in oil-filled and submersible transformers to maintain temperature of transformer. Application of transformer oil can also be seen in high-voltagecircuit breakers and switches. Since the oil is in constant contact with components it is therefore susceptible to chemical interaction. It is therefore essential to check for the quality of transformer oil at regular intervals since with continuous reaction the chemical composition of the oil may change and this may render it unfit for use. Browse Full Report@http://www.futuremarketinsights.com/reports/transformer-oil-market The market for transformer oil is subjected to the demands of the various end-use industries such as chemicals and automotive, and the type of transformer used. The oil used in transformers is hydrocarbon mineral oil. There are two major types of transformer oil used in the industry; naphthenic and paraffinic based. Though bio based transformer oil have gained attention due to stringent environmental issues but their usage is restricted due to limited advantage. The market of transformer oil will be driven by the expanding energy demand and growing installation of power grids in urban scenario. Due to growing population, the power grid companies needs to expand and upgrade their existing capacities causing penetration of transformers to increase which in turn fuel the market for transformer oil.

  4. Report Description Report Description The transition towards renewable sources of energy, strict environmental laws and shift towards organic oils may restraint the market of mineral based transformer oil. Asia is one of the largest consumer of transformer oils followed by North America, South America and Europe. For the forecasted year’s Asia-pacific transformer oil market will continue to lead in terms of consumption. The demand for transformer oil in Asia Pacific is rapidly growing for emerging markets of India and China. This demand is transformer oil is attributed to the increasing focus on rural and urban development in infrastructure. This involves a shift in focus from high capacity transformer to small and mid-segment transformers for domestic and agricultural uses. The transformer oil markets of China, India and also Brazil will dominate owing to the government initiative for the electricity accessibility to the country’s population. The demand for in the mineral based is anticipated to stabilize due to the shift towards green (bio based) alternatives. The demand for transformer oil in regions of Americas and Europe is related to high capacity industrial transformers. The demand for transformer oil in these regions is anticipated to be slower than those in Asia Pacific owing to the significant development of renewable sources of energy and reduced dependability on conventional sources of energy. Request Free Report Sample@http://www.futuremarketinsights.com/reports/sample/rep-gb-1105 Transformer Oil Market: Key Players Some of the key players identified in the transformer oil market are Hydrodec Group PLC, Nynas AB, Calumet Specialty Products Partners, Valvoline,APAR Industries, Sinopec Corporation, Engen Petroleum Limited.

  5. Thank You! To know more about us, please visit our website: www.futuremarketinsights.com For sales queries or new topics email us on: sales@futuremarketinsights.com For other queries contact: Mr. Sudip Saha Future Market Insights:616 Corporate Way, Suite 2-9018, Valley Cottage, NY 10989, United States T: +1-347-918-3531 | D: +1-845-579-5705

More Related