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Transformer Oil Market (Mineral Oil - Naphthenic & Paraffinic) Worth $2.46 Billion by 2017 - New Report by MarketsandMarkets
Date:8/31/2013

(PRWEB) August 31, 2013

The report "Transformer Oil Market : By Types (Mineral Oil - Naphthenic and Paraffinic, Silicone and Bio-based), Applications (Small and Large Transformers, Utility) and Geography - Global Industry Trends and 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 $1.59 billion in 2012 to $2.46 billion 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.

Browse 103 market data tables and 41 figures spread through 274 pages and in-depth TOC on “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”.
http://www.marketsandmarkets.com/pdfdownload.asp?id=967

Early buyers will receive 10% customization on this report.

Asia-Pacific: The largest market for transformer oils

Asia-Pacific has been the largest transformer oil consumer since 2011 followed by North America, Europe, and ROW. The major transformer oil consuming countries in Asia-Pacific are China, India, and Japan. 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 Asia-Pacific region, mainly due to the increasing economic development, population, and electricity demand.

Mineral oil based transformer oil: Extensively consumed across the globe
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