ROCKVILLE, MD — (Marketwire) — 03/28/13 — MarketResearch.com has announced the addition of the report “” to their product offering.
Transformer oil is a dielectric fluid mainly used in oil filled electrical transformers as an insulating and cooling medium. It is usually obtained by fractional distillation and subsequent processing of crude oil. The primary purpose of transformer oil is to insulate and cool the transformer windings and core. These also preserve the core and winding as these are fully immersed in the oil and prevent contact of oxygen with the cellulose paper insulation of windings, which has high affinity towards oxidation. Three basic types of transformer oil used are mineral oil (mostly naphthenic), silicone, and bio-based. Mineral oil based transformer oils dominate the consumption as it has good electrical and cooling properties, and provides cost-effective solution.
The global transformer oil market revenue is estimated to reach $2.46 billion by 2017. Major factors responsible for market growth include increasing power requirements in developing regions, rising investments, enlargement of electricity grids in developed regions and rising transition towards renewable energy resources. The key concerns in the industry pertain to the corrosive nature of sulfur present in transformer oil and flammable nature of mineral oil based transformer oils. Transformer manufacturers have started using bio-based oil which has higher dielectric strength and flash point, and lower pour point.
Increasing frequency of fire accidents in mineral oil based transformers and its non-biodegradable nature has led to an increasing consumption of bio-based transformer oils, which are incombustible and non-toxic in nature. The industry is observing a high rate in adoption of bio-based transformer oil due to these aspects; lately its growing preference is also observed globally.
Bio-based transformer oil is being used in large number of transformers mainly in the North American region due to its excellent insulating and biodegradable nature of the oil. Other attributes leading to high acceptability have been better performance and economic advantage over mineral oil-based transformer oils. Bio-based oils have high fire point, provides increased service life to transformer, and very low cost for spill remediation due to high biodegradability. Bio-based transformer oil is 99% degraded in 21 days. The consumption of bio-based oils is expected to increase at promising rate in the future. Hence, use of bio-based oils as insulating and cooling medium is expected to increase in the next five years.
For more information, visit
Follow us on Facebook
Follow us on Twitter
The edge: Worldwide, market research reports are primarily sold for numbers, market segmentation and competitive landscape, within the business leaders.
The analyst working with MarketsandMarkets come from the renowned publishing houses and market research firms globally adding their expertise and domain understanding. We get the facts from over 22,000 news and information sources, a database of hundred thousands of key industry participants and draw on our relationship with more than 900 market research companies globally.
The success of our clients speaks for our success.
In course of our ongoing relationship with research partners for over a period of three years, our clients have discovered that we can not only head-start any given research project immediately but also execute it in a stipulated time frame. We always prioritize our commitments of confidentiality. The fact that a high percentage of our business comes from client referrals bears ample testimony to the quality of our market research reports.
MarketResearch.com is the leading provider of global market intelligence products and services. With research reports from more than 720 top consulting and advisory firms, MarketResearch.com offers instant online access to the world-s most extensive database of expert insights on global industries, companies, products, and trends. Moreover, MarketResearch.com-s Research Specialists have in-depth knowledge of the publishers and the various types of reports in their respective industries and are ready to provide research assistance. For more information, call Cindy Frei at 240.747.3014 or visit .
Cindy Frei
MarketResearch.com
240.747.3014
You must be logged in to post a comment Login