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North America Transformer Oil Market is Expected to Reach $0.6 billion in 2018 - New Report by MicroMarket Monitor

(PRWEB) August 02, 2014

The Transformer Oil Market in North America report defines and segments the Transformer Oil market in North America with analysis and forecast of revenue. The Transformer Oil market in North America is estimated to grow from around $0.4 billion in 2013 to $0.6 billion by 2018, at a CAGR of 8.1% from 2013 to 2018.

Browse through the TOC of the Transformer Oil Market in North America report, to get an idea of the in-depth analysis provided. This also provides a glimpse of the segmentation in the Transformer Oil market in North America, and is supported by various tables and figures.

Increasing gridlock in power transmissions, increasing power requirements, enlargement of electricity grids owing to increasing load on existing capacity and rising transition towards renewable energy resources are some of the key drivers for North American Transformer Oil market.

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North America is one of the major markets; wherein U.S. holds a maximum share in the Transformer Oil market. the biggest market in North America, and as of 2013, contributed a share of more than 50% in the North America Transformer Oil market.

This market is segmented and forecasted on the basis of types of Transformer Oil, such as Mineral Oil, Silicone Based oil, Bio Based oil. The market is further segmented and forecasted on the basis of major countries, such as U.S., Mexico and Canada.

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This report also includes the market share, supply chain and value chain analysis, and market metrics such as drivers and restraints. In addition, it presents a competitive landscape and company profiles of key players in the market including major companies which provide Transformer Oil.

Related Reports:
Europe Transformer Oil Market
The European transformer oil market was valued at $0.3 billion in 2013, and is expected to grow at a CAGR of 7.8%, from 2013 to 2018.The report analyzes and classifies the transformer oil market by type such as mineral oil, silicone, and bio-based, and in terms of geography, which includes countries such as Russia, Germany, France, Turkey, Spain, the U.K., Ukraine, and Belgium, among others.The report consists of profiles of the major players in the market, which combines manufacturers as well as service providers, such Nynas AB (Sweden) and Ergon Inc. (U.S.), among others.

Asia-Pacific Transformer Oil Market
The Asia-Pacific transformer oil market was valued at $851.3 million in 2013 and is expected to grow to $1.3 billion by 2018, at a CAGR of 10.2% during the forecast period.The report analyzes and classifies the transformer oil market in terms of geography such as China, India, Japan, South Korea, Thailand, and Vietnam, among others. The market is also segmented by type, into mineral oil, silicone, and bio-based.
The report consists of profiles of the major players in the market, which combines manufacturers as well as service providers, such as PetroChina Lubricating Oil Company (China), Apar Industries Ltd. (India) and so on.

About MicroMarket Monitor:

MicroMarket Monitor identifies and attends to various unmet needs of different industrial verticals, which include value chain impact analysis. The company publishes about 12000 Market Research Reports on various Micro Markets across the world. The graphical nature and multidimensional analysis of these reports provide advanced Business Intelligence Tools to the clients in that particular target market.

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