Research and Markets: Global Transformer Oil Market 2014-2018 with Ergon Inc, Nynas AB & PetroChina Co. Dominating

DUBLIN--(BUSINESS WIRE)--

Research and Markets (http://www.researchandmarkets.com/research/nm59vz/global) has announced the addition of the "Global Transformer Oil Market 2014-2018" report to their offering.

The Global Transformer Oil market to grow at a CAGR of 9.10 percent over the period 2013-2018.

The Global Transformer Oil market has several growth factors, of which the increasing demand for transformer oils from developing countries is one of the major drivers. An increase in urbanization in developing countries and the consequent demand for power generation, distribution, and transmission have led to the adoption a large number of power and distribution transformers.

The recovery of the Automotive industry in Europe is a positive trend for the Global Transformer Oil market growth. This industry is a major consumer of naphthenic tire and transformer oil. For example, Nynas AB, a key vendor, accounted for more than 30 percent of its annual revenue from tire oil and transformer oil to the Automotive industry in 2012. In addition, the installation of new production facilities and sub-manufacturing units are on the rise, mainly because of an increase in investments in the European Automotive industry. This will increase the adoption of distribution transformers in Europe.

Further, the report states that the adoption of dry distribution transformers such as VPI, VPE, epoxy coated, epoxy cast, and gas-filled is one of the major challenges. These transformers have better fire safety properties, thus protecting the surroundings and device from fire.

The Global Transformer Oil market can be segmented into three divisions:

• Mineral-based transformer oil
• Bio-based transformer oil
• Silicone-based transformer oil

Key Vendors

• Ergon Inc.
• Nynas AB
• PetroChina Co. Ltd.

Other Prominent Vendors

• Apar Industries Ltd.
• Calumet Specialty Products Partners L.P.
• Cargill Inc.
• Dow Corning Corp.
• San Joaquin Refining Co. Inc.

Key Topics Covered:

1. Executive Summary
2. List of Abbreviations
3. Scope of the Report
4. Market Research Methodology
5. Introduction
6. Market Landscape
7. Market Segmentation by Product
8. Buying Criteria
9. Market Growth Drivers
10. Drivers and their Impact
11. Market Challenges
12. Impact of Drivers and Challenges
13. Market Trends
14. Trends and their Impact
15. Vendor Landscape
16. Key Vendor Analysis

For more information visit http://www.researchandmarkets.com/research/nm59vz/global