The report offers detailed coverage of Insulating Oil industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Insulating Oil by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
Insulating oil in an electrical power transformer is commonly known as transformer oil. It is normally obtained by fractional distillation and subsequent treatment of crude petroleum. That is why this oil is also known as mineral insulating oil. Transformer oil serves mainly two purposes one it is liquid insulation in electrical power transformer and two it dissipates heat of the transformer oil. acts as coolant. In addition to these, this oil serves other two purposes, it helps to preserve the core and winding as these are fully immersed inside oil and another important purpose of this oil is, it prevents direct contact of atmospheric oxygen with cellulose made paper insulation of windings, which is susceptible to oxidation.
Although the growth of the downstream market of Asia-Pacific transformers is not as fast as expected. The biggest market are still in the rapidly growing Asia Pacific market—especially China, India, and the ASEAN countries. Based on improvements in political and economic stability, growth should also be better in Central and Eastern Europe, including the countries of the former USSR. Brazil is leading the growth in South America. Companies that are well established in these locations are in the strongest position to take advantage of these opportunities. Although the downstream market for transformers appears to be growing not so fast.
The report forecast global Insulating Oil market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2025.
First, this report covers the present status and the future prospects of the global Insulating Oil market for 2015-2025.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].
Key Companies
Nynas
Petrochina
Shell
Apar Industry
Ergon
Sinopec
Calumet
Hydrodec
Jiangsu Shuangjiang
Jiangsu Gaoke
Dow Corning
Cargill
Engen Petroleum
Valvoline
Zibo Qinrun
Savita Oil
Raj Petro Specialties
At the same time, we classify Insulating Oil according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
Market Segment as follows:
Market by Order Type
Mineral Oil-based Insulating Oil
Silicone-based Insulating Oil
Synthetic Oil-based Insulating Oil
Others
Market by Application
Ordinary Transformer
EHV Transformer
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Insulating Oil market for the forecast period 2021 - 2025?
• What are the driving forces in the Insulating Oil market for the forecast period 2021 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Insulating Oil industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?