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.
The global market for Biobased Transformer Oil was estimated to be worth US$ 67 million in 2023 and is forecast to a readjusted size of US$ 101.2 million by 2030 with a CAGR of 6.0% during the forecast period 2024-2030
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%.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Biobased Transformer Oil, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Biobased Transformer Oil by region & country, by Type, and by Application.
The Biobased Transformer Oil market size, estimations, and forecasts are provided in terms of sales volume (MT) and sales revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Biobased Transformer Oil.
Market Segmentation
By Company
M&I Materials Limited
Shell
Sinopec
Savita Oil
Raj Petro Specialties
Cargill
Segment by Type:
Natural Ester Transformer Fluid
Synthetic Ester Transformer Oil
Segment by Application
Ordinary Transformer
EHV Transformer
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (valve, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Biobased Transformer Oil manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Biobased Transformer Oil in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Biobased Transformer Oil in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
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1 Market Overview
1.1 Biobased Transformer Oil Product Introduction
1.2 Global Biobased Transformer Oil Market Size Forecast
1.2.1 Global Biobased Transformer Oil Sales Value (2019-2030)
1.2.2 Global Biobased Transformer Oil Sales Volume (2019-2030)
1.2.3 Global Biobased Transformer Oil Sales Price (2019-2030)
1.3 Biobased Transformer Oil Market Trends & Drivers
1.3.1 Biobased Transformer Oil Industry Trends
1.3.2 Biobased Transformer Oil Market Drivers & Opportunity
1.3.3 Biobased Transformer Oil Market Challenges
1.3.4 Biobased Transformer Oil Market Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global Biobased Transformer Oil Players Revenue Ranking (2023)
2.2 Global Biobased Transformer Oil Revenue by Company (2019-2024)
2.3 Global Biobased Transformer Oil Players Sales Volume Ranking (2023)
2.4 Global Biobased Transformer Oil Sales Volume by Company Players (2019-2024)
2.5 Global Biobased Transformer Oil Average Price by Company (2019-2024)
2.6 Key Manufacturers Biobased Transformer Oil Manufacturing Base Distribution and Headquarters
2.7 Key Manufacturers Biobased Transformer Oil Product Offered
2.8 Key Manufacturers Time to Begin Mass Production of Biobased Transformer Oil
2.9 Biobased Transformer Oil Market Competitive Analysis
2.9.1 Biobased Transformer Oil Market Concentration Rate (2019-2024)
2.9.2 Global 5 and 10 Largest Manufacturers by Biobased Transformer Oil Revenue in 2023
2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Biobased Transformer Oil as of 2023)
2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
3.1 Introduction by Type
3.1.1 Natural Ester Transformer Fluid
3.1.2 Synthetic Ester Transformer Oil
3.2 Global Biobased Transformer Oil Sales Value by Type
3.2.1 Global Biobased Transformer Oil Sales Value by Type (2019 VS 2023 VS 2030)
3.2.2 Global Biobased Transformer Oil Sales Value, by Type (2019-2030)
3.2.3 Global Biobased Transformer Oil Sales Value, by Type (%) (2019-2030)
3.3 Global Biobased Transformer Oil Sales Volume by Type
3.3.1 Global Biobased Transformer Oil Sales Volume by Type (2019 VS 2023 VS 2030)
3.3.2 Global Biobased Transformer Oil Sales Volume, by Type (2019-2030)
3.3.3 Global Biobased Transformer Oil Sales Volume, by Type (%) (2019-2030)
3.4 Global Biobased Transformer Oil Average Price by Type (2019-2030)
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Ordinary Transformer
4.1.2 EHV Transformer
4.2 Global Biobased Transformer Oil Sales Value by Application
4.2.1 Global Biobased Transformer Oil Sales Value by Application (2019 VS 2023 VS 2030)
4.2.2 Global Biobased Transformer Oil Sales Value, by Application (2019-2030)
4.2.3 Global Biobased Transformer Oil Sales Value, by Application (%) (2019-2030)
4.3 Global Biobased Transformer Oil Sales Volume by Application
4.3.1 Global Biobased Transformer Oil Sales Volume by Application (2019 VS 2023 VS 2030)
4.3.2 Global Biobased Transformer Oil Sales Volume, by Application (2019-2030)
4.3.3 Global Biobased Transformer Oil Sales Volume, by Application (%) (2019-2030)
4.4 Global Biobased Transformer Oil Average Price by Application (2019-2030)
5 Segmentation by Region
5.1 Global Biobased Transformer Oil Sales Value by Region
5.1.1 Global Biobased Transformer Oil Sales Value by Region: 2019 VS 2023 VS 2030
5.1.2 Global Biobased Transformer Oil Sales Value by Region (2019-2024)
5.1.3 Global Biobased Transformer Oil Sales Value by Region (2025-2030)
5.1.4 Global Biobased Transformer Oil Sales Value by Region (%), (2019-2030)
5.2 Global Biobased Transformer Oil Sales Volume by Region
5.2.1 Global Biobased Transformer Oil Sales Volume by Region: 2019 VS 2023 VS 2030
5.2.2 Global Biobased Transformer Oil Sales Volume by Region (2019-2024)
5.2.3 Global Biobased Transformer Oil Sales Volume by Region (2025-2030)
5.2.4 Global Biobased Transformer Oil Sales Volume by Region (%), (2019-2030)
5.3 Global Biobased Transformer Oil Average Price by Region (2019-2030)
5.4 North America
5.4.1 North America Biobased Transformer Oil Sales Value, 2019-2030
5.4.2 North America Biobased Transformer Oil Sales Value by Country (%), 2023 VS 2030
5.5 Europe
5.5.1 Europe Biobased Transformer Oil Sales Value, 2019-2030
5.5.2 Europe Biobased Transformer Oil Sales Value by Country (%), 2023 VS 2030
5.6 Asia Pacific
5.6.1 Asia Pacific Biobased Transformer Oil Sales Value, 2019-2030
5.6.2 Asia Pacific Biobased Transformer Oil Sales Value by Country (%), 2023 VS 2030
5.7 South America
5.7.1 South America Biobased Transformer Oil Sales Value, 2019-2030
5.7.2 South America Biobased Transformer Oil Sales Value by Country (%), 2023 VS 2030
5.8 Middle East & Africa
5.8.1 Middle East & Africa Biobased Transformer Oil Sales Value, 2019-2030
5.8.2 Middle East & Africa Biobased Transformer Oil Sales Value by Country (%), 2023 VS 2030
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions Biobased Transformer Oil Sales Value Growth Trends, 2019 VS 2023 VS 2030
6.2 Key Countries/Regions Biobased Transformer Oil Sales Value
6.2.1 Key Countries/Regions Biobased Transformer Oil Sales Value, 2019-2030
6.2.2 Key Countries/Regions Biobased Transformer Oil Sales Volume, 2019-2030
6.3 United States
6.3.1 United States Biobased Transformer Oil Sales Value, 2019-2030
6.3.2 United States Biobased Transformer Oil Sales Value by Type (%), 2023 VS 2030
6.3.3 United States Biobased Transformer Oil Sales Value by Application, 2023 VS 2030
6.4 Europe
6.4.1 Europe Biobased Transformer Oil Sales Value, 2019-2030
6.4.2 Europe Biobased Transformer Oil Sales Value by Type (%), 2023 VS 2030
6.4.3 Europe Biobased Transformer Oil Sales Value by Application, 2023 VS 2030
6.5 China
6.5.1 China Biobased Transformer Oil Sales Value, 2019-2030
6.5.2 China Biobased Transformer Oil Sales Value by Type (%), 2023 VS 2030
6.5.3 China Biobased Transformer Oil Sales Value by Application, 2023 VS 2030
6.6 Japan
6.6.1 Japan Biobased Transformer Oil Sales Value, 2019-2030
6.6.2 Japan Biobased Transformer Oil Sales Value by Type (%), 2023 VS 2030
6.6.3 Japan Biobased Transformer Oil Sales Value by Application, 2023 VS 2030
6.7 South Korea
6.7.1 South Korea Biobased Transformer Oil Sales Value, 2019-2030
6.7.2 South Korea Biobased Transformer Oil Sales Value by Type (%), 2023 VS 2030
6.7.3 South Korea Biobased Transformer Oil Sales Value by Application, 2023 VS 2030
6.8 Southeast Asia
6.8.1 Southeast Asia Biobased Transformer Oil Sales Value, 2019-2030
6.8.2 Southeast Asia Biobased Transformer Oil Sales Value by Type (%), 2023 VS 2030
6.8.3 Southeast Asia Biobased Transformer Oil Sales Value by Application, 2023 VS 2030
6.9 India
6.9.1 India Biobased Transformer Oil Sales Value, 2019-2030
6.9.2 India Biobased Transformer Oil Sales Value by Type (%), 2023 VS 2030
6.9.3 India Biobased Transformer Oil Sales Value by Application, 2023 VS 2030
7 Company Profiles
7.1 M&I Materials Limited
7.1.1 M&I Materials Limited Company Information
7.1.2 M&I Materials Limited Introduction and Business Overview
7.1.3 M&I Materials Limited Biobased Transformer Oil Sales, Revenue and Gross Margin (2019-2024)
7.1.4 M&I Materials Limited Biobased Transformer Oil Product Offerings
7.1.5 M&I Materials Limited Recent Development
7.2 Shell
7.2.1 Shell Company Information
7.2.2 Shell Introduction and Business Overview
7.2.3 Shell Biobased Transformer Oil Sales, Revenue and Gross Margin (2019-2024)
7.2.4 Shell Biobased Transformer Oil Product Offerings
7.2.5 Shell Recent Development
7.3 Sinopec
7.3.1 Sinopec Company Information
7.3.2 Sinopec Introduction and Business Overview
7.3.3 Sinopec Biobased Transformer Oil Sales, Revenue and Gross Margin (2019-2024)
7.3.4 Sinopec Biobased Transformer Oil Product Offerings
7.3.5 Sinopec Recent Development
7.4 Savita Oil
7.4.1 Savita Oil Company Information
7.4.2 Savita Oil Introduction and Business Overview
7.4.3 Savita Oil Biobased Transformer Oil Sales, Revenue and Gross Margin (2019-2024)
7.4.4 Savita Oil Biobased Transformer Oil Product Offerings
7.4.5 Savita Oil Recent Development
7.5 Raj Petro Specialties
7.5.1 Raj Petro Specialties Company Information
7.5.2 Raj Petro Specialties Introduction and Business Overview
7.5.3 Raj Petro Specialties Biobased Transformer Oil Sales, Revenue and Gross Margin (2019-2024)
7.5.4 Raj Petro Specialties Biobased Transformer Oil Product Offerings
7.5.5 Raj Petro Specialties Recent Development
7.6 Cargill
7.6.1 Cargill Company Information
7.6.2 Cargill Introduction and Business Overview
7.6.3 Cargill Biobased Transformer Oil Sales, Revenue and Gross Margin (2019-2024)
7.6.4 Cargill Biobased Transformer Oil Product Offerings
7.6.5 Cargill Recent Development
8 Industry Chain Analysis
8.1 Biobased Transformer Oil Industrial Chain
8.2 Biobased Transformer Oil Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customers Analysis)
8.5 Sales Model and Sales Channels
8.5.1 Biobased Transformer Oil Sales Model
8.5.2 Sales Channel
8.5.3 Biobased Transformer Oil Distributors
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.2 Data Source
10.2 Author Details
10.3 Disclaimer
M&I Materials Limited
Shell
Sinopec
Savita Oil
Raj Petro Specialties
Cargill
*If Applicable.