March 19, 2013
Transformer Oil Market: By Types (Mineral Oil - Naphthenic & Paraffinic, Silicone and Bio-based), Applications (Small & Large Transformers, Utility) & Geography - Global Industry Trends & Forecast to 2017
, defines and segments the transformer oil market with analysis and forecasting of the global volume and revenue. Global transformer oil market is expected to grow from
in 2012 to
by 2017, with a CAGR of 9.17%. In this, mineral oil-based transformer oil is expected to occupy the major share, when compared to silicone and bio-based transformer oils for the next five years.
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- 103 market data tables
- 41 figures
- 274 pages and an in-depth Table of Content on "Transformer Oil Market"
: The largest market for transformer oils
has been the largest transformer oil consumer since 2011 followed by
, and ROW. The major transformer oil consuming countries in
. The consumption is high in these countries mainly due to the increasing economic development, rising population owing to growing electricity demand. The trend is estimated to remain the same during the forecasted period. The consumption is high in the
region, mainly due to the increasing economic development, population, and electricity demand.
Mineral oil based transformer oil: Extensively consumed across the globe