Global Biobased Transformer Oil Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030
Biobased Transformer Oil or ester transformer oil is a special oil which is stable at high temperature and has excellent electrical insulation performance. It plays two important functions in the transformer, that is to suppress the arc and eliminate the heat generated in the transformer.
According to our (Global Info Research) latest study, the global Biobased Transformer Oil market size was valued at US$ 73.4 million in 2023 and is forecast to a readjusted size of USD 109 million by 2030 with a CAGR of 5.9% during review period.
There are few suppliers of Biobased Transformer Oil, the major suppliers of Cargill and M&I Materials Limited. Cargill is considered to be a global market leader with a market share of about 64%.
In terms of product category, bio based transformer oil can be generally divided into natural ester transformer oil and synthetic ester transformer oil. In 2019, synthetic ester transformer oil occupies the leading position in the total market with a share of more than 50%.
This report is a detailed and comprehensive analysis for global Biobased Transformer Oil market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.
Key Features:
Global Biobased Transformer Oil market size and forecasts, in consumption value ($ Million), sales quantity (MT), and average selling prices (USD/MT), 2019-2030
Global Biobased Transformer Oil market size and forecasts by region and country, in consumption value ($ Million), sales quantity (MT), and average selling prices (USD/MT), 2019-2030
Global Biobased Transformer Oil market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (MT), and average selling prices (USD/MT), 2019-2030
Global Biobased Transformer Oil market shares of main players, shipments in revenue ($ Million), sales quantity (MT), and ASP (USD/MT), 2019-2024
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Biobased Transformer Oil
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Biobased Transformer Oil market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include M&I Materials Limited, Shell, Sinopec, Savita Oil, Raj Petro Specialties, Cargill, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Biobased Transformer Oil market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Natural Ester Transformer Fluid
Synthetic Ester Transformer Oil
Market segment by Application
Ordinary Transformer
EHV Transformer
Major players covered
M&I Materials Limited
Shell
Sinopec
Savita Oil
Raj Petro Specialties
Cargill
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Biobased Transformer Oil product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Biobased Transformer Oil, with price, sales quantity, revenue, and global market share of Biobased Transformer Oil from 2019 to 2024.
Chapter 3, the Biobased Transformer Oil competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Biobased Transformer Oil breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2019 to 2024.and Biobased Transformer Oil market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Biobased Transformer Oil.
Chapter 14 and 15, to describe Biobased Transformer Oil sales channel, distributors, customers, research findings and conclusion.