Return to News Categories

Commentary and Educational Cattle - Hogs / Livestock News Currencies News Energy News Grain News Index News Interest Futures News Metals Futures News Reports: Crops, CFTC, etc Soft Commodities News

Futures and Commodity Market News

Transformer Oil Market to Reach $4 Billion by 2025 - Key Players are BASF, Dairen Chemical Corporation, Nynas, Ergon, Valvoline, PetroChina Company, Sinopec Corporation & Cargill - Research and Markets

DUBLIN, May 19, 2017 (BUSINESS WIRE) --

Research and Markets has announced the addition of the "Transformer Oil Market, 2014-2025" report to their offering.

The global transformer oil market is expected to reach USD 4.05 billion by 2025. Rural electrification in emerging economies and expanding manufacturing sites have driven energy needs and boosted transformers growth, subsequently contributing to oils demand in recent years.

These products possess excellent insulative and electrical properties, oxidative stability and controlled low or negative gassing tendency. Crude oil is the major raw material, leading to price volatility owing to supply fluctuation in the global market. Political instability and crashing crude prices have driven industry growth in recent years, as consumers are opting for bulk volume purchases.

Technological advancements and increasing R&D initiatives by prominent industry players have also contributed to market expansion in recent years. Cargill is one such innovator, which was even awarded the Presidential Green Chemistry Challenge Award by the U.S. Environmental Protection Agency (EPA) for the development of Envirotemp FR3 transformer oils from natural esters.

Mineral-based products dominated the market in 2016, accounting for over 82% of the volume share. The highest contribution was observed from the paraffinic base sub-segment. These products are available on a global scale and are compatible with most electrical equipment. However, bio-based products are expected to grow at a rapid pace owing to increasing awareness regarding sustainability and recyclability.

Companies Mentioned

Sinopec Lubricant Company Valvoline Cargill Inc. Nynas AB Ergon International Inc. PetroChina Lubricant Company Calumet Specialty Products Apar Industries Ltd. Engen Petroleum Ltd. Hydrodec Group Plc. San Joaquin Refining CoLtd. Royal Dutch Shell Hyrax Oil Sdn Bhd HILUBO Oil CoLtd. Eden Oil Emirates Lube Oil Company Electrical Oil Services

Key Topics Covered:

1 Methodology and Scope

2 Executive Summary

3 Transformer Oil Market Variables, Trends & Scope

4 Transformer Oil Market: Product Estimates & Trend Analysis

5 Transformer Oil Market: Application Estimates & Trend Analysis

7 Competitive Landscape

8 Company Profiles

For more information about this report visit

View source version on

SOURCE: Research and Markets

Research and Markets 
Laura Wood, Senior Manager 
For E.S.T Office Hours Call 1-917-300-0470 
For U.S./CAN Toll Free Call 1-800-526-8630 
For GMT Office Hours Call +353-1-416-8900 
U.S. Fax: 646-607-1907 
Fax (outside U.S.): +353-1-481-1716 
Related Topics: Electricity

Copyright Business Wire 2017

Please read the End User Agreement.
By accessing this page, you agree to the terms and conditions of the End User Agreement.

News provided by COMTEX.

Lt Crude 49.87
Nat Gas 3.295
Corn 374 2/8
Cotton #2 77.09
Gold 1266.7
Copper 2.5685
Euro 1.11935
USD Index 97.364
SP500 E-mini 2414.75
DJIA E-mini 21066