Global Research details developments in the Transformer Oil Market | Ozone Market Reports

By | September 14, 2018

cropped-ozone-market-reports.jpgOzone Market Reports projects that the Transformer Oil market size will grow from USD 2.33 Billion in 2017 to USD 3.65 Billion by 2023, at an estimated CAGR of 7.8%. The base year considered for the study is 2017, and the market size is projected from 2018 to 2023.

Increasing demand for the dry type transformers and the corrosive effect of sulfur present in transformer oil are major restraints for the transformer oil market. To counter the economic slump in European countries, transformer oil manufacturers are trying to expand their geographic presence and market penetration in other regions through the launch of new and advanced products and technologies. The transformer oil market has exhibited steady growth over the last few years because of its increasing application in small transformers, large transformers, and utilities in emerging economies such as China and India. National utility companies across the world continue to invest in their power grids in order to meet the increasing demand of end-users giving scope for transformer oil market.

By Market Players:
Nynas AB , Ergon Inc. , Petrochina Company Limited , APAR Industries Limited , Calumet Specialty Products Partners, L.P. , Sinopec Corporation , Hydrodec Group PLC , Cargill, Incorporated , Engen Petroleum Limited , Valvoline , San Joaquin Refining Co., Inc. , Gandhar Oil Refinery India Limited, , , , , , , ,

By Type
Mineral- Naphthenic, Paraffinic, , ,

By Application
Small transformers, Large Transformers, Utility, Others,

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The prime objective of this report is to help the user understand the market in terms of its definition, segmentation, market potential, influential trends, and the challenges that the market is facing. Deep researches and analysis were done during the preparation of the report. The readers will find this report very helpful in understanding the market in depth. The data and the information regarding the market are taken from reliable sources such as websites, annual reports of the companies, journals, and others and were checked and validated by the industry experts. The facts and data are represented in the report using diagrams, graphs, pie charts, and other pictorial representations.

Points Covered in The Report:
The points that are discussed within the report are the major market players that are involved in the market such as manufacturers, raw material suppliers, equipment suppliers, end users, traders, distributors and etc.
The complete profile of the companies is mentioned. And the capacity, production, price, revenue, cost, gross, gross margin, sales volume, sales revenue, consumption, growth rate, import, export, supply, future strategies, and the technological developments that they are making are also included within the report. The historical data from 2012 to 2017 and forecast data from 2018 to 2023.
The growth factors of the market is discussed in detail wherein the different end users of the market are explained in detail.
Data and information by manufacturer, by region, by type, by application and etc, and custom research can be added according to specific requirements.

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