The global transformer oil market size is projected to grow by USD 0.6 billion from 2022 to 2028, registering a CAGR of 4.4 percent, according to a new report by Gen Consulting Company.
This industry report offers market estimates of the global market, followed by a detailed analysis of the product, end user, and region. The global market data on transformer oil can be segmented by product: biobased transformer oil, mineral oil-based transformer oil, silicone-based transformer oil. The mineral oil-based transformer oil segment was the largest contributor to the global transformer oil market in 2021. Transformer oil market is further segmented by end user: power generation, railways, transmission & distribution, others. Based on region, the transformer oil market is segmented into: Asia Pacific, Europe, North America, Rest of the World (RoW).
The global transformer oil market is highly competitive. The transformer oil market is dominated by key players, which are Apar Industries Ltd., Bharat Petroleum Corporation Limited (BPCL), Calumet Specialty Products Partners L.P., Cargill Incorporated, Chevron Corporation, China Petroleum & Chemical Corporation (Sinopec), Engen Petroleum Limited, Ergon Inc., ExxonMobil Corporation, Hydrodec Group plc, Indian Oil Corporation Limited, Nynas AB, PetroChina Company Limited, Repsol S.A., San Joaquin Refining Co. Inc., Shell plc, The Dow Chemical Company (TDCC), The Phillips 66 Company, TotalEnergies SE, Valvoline Inc.
The data-centric report focuses on market trends, status and outlook for segments. With comprehensive market assessment across the major geographies, the report is a valuable asset for the existing players, new entrants and the future investors.
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– Get a detailed picture of the Global Transformer Oil Market
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| REPORT ATTRIBUTE | DETAILS |
|---|---|
| Base Year | 2021 |
| Forecast Year | 2022-2028 |
| CAGR (2022-2028) | 4.4% |
| Pages | 24 |
| Key Players | Apar Industries Ltd., Bharat Petroleum Corporation Limited (BPCL), Calumet Specialty Products Partners L.P., Cargill Incorporated, Chevron Corporation, China Petroleum & Chemical Corporation (Sinopec), Engen Petroleum Limited, Ergon Inc., ExxonMobil Corporation, Hydrodec Group plc, Indian Oil Corporation Limited, Nynas AB, PetroChina Company Limited, Repsol S.A., San Joaquin Refining Co. Inc., Shell plc, The Dow Chemical Company (TDCC), The Phillips 66 Company, TotalEnergies SE, Valvoline Inc. |
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