Dublin, June 24, 2015 (GLOBE NEWSWIRE) -- Research and Markets ( http://www.researchandmarkets.com/research/shhcxv/global ) has announced the addition of the "Global Transformer Oil Market 2015-2019" report to their offering. The analysts forecast the global transformer oil market to grow at a CAGR of 9.19% over the period 2015-2019.
There are mainly three types of transformer oils: mineral-based, silicone-based, and bio-based. Of these, mineral-based transformer oil is preferred due to its good electrical and cooling properties and cost-effectiveness. This report covers the present scenario and the growth prospects of the global transformer oil market during the period 2015-2019. For ascertaining the market size and vendor share, the report considers revenue generated from the sales of transformer oil.
Manufacturers of transformer oil are developing bio-based transformer oil with attributes such as high dielectric constant, high flash point, and low pour point. This development should increase the total global consumption of transformer oil over the forecast period. According to the report, the rising global demand for electricity, especially in developing nations, has driven expansion and renovation of existing electrical networks. This expansion will likely boost demand for the installation of transformers. Further, the report states that the growing inclination of utilities to adopt dry-type transformers will negatively impact market growth. The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. Key vendors
- Calumet Specialty Products Partners
- Ergon
- Nynas
- PetroChina
- Sinopec Corp.
Other prominent vendors
- Apar Industries
- Cargill
- Dow Corning
- Engen
- Hydrodec
- San Joaquin Refining
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 Geographical Segmentation 9 Buying Criteria 10 Market Growth Drivers 11 Drivers and their Impact 12 Market Challenges 13 Impact of Drivers and Challenges 14 Market Trends 15 Trends and their Impact 16 Vendor Landscape 17 Key Vendor Analysis For more information visit http://www.researchandmarkets.com/research/shhcxv/global
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