Transformer Oil Market:
WiseGuyReports.com adds “Global Transformer Oil Market Research Report 2020 Analysis and Forecast 2026” reports to its database.
Executive Summary
Global Transformer Oil Market is valued approximately at USD 2.1 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 6.9% over the forecast period 2020-2026. Transformer Oil is an oil that is stable at high temperature and a superlative insulator for electricity and used in applications such as power and distribution transformers. It is a derivative of mineral oils, acts as a cooling agent to reduce the raising temperature and also acts as a medium for transferring the heat in an electric transformer. Rising electricity requirements due to increasing population has resulted in an increase in investments for the expansion of the existing power grids as well as for the construction of new power infrastructure in developed and developing countries. upgradation of electric grids in developing countries along with the expansion of electric grids due to growing industrialization and urbanization are key factor accelerating the market growth. Furthermore, expanding energy demand and growing installation of power grids is likely to create significant growth opportunity in the market over the forecast period. For instance, as per the International Energy Agency, the demand the electricity demand in the Unites States is estimated to grow from 4 thousand TWh in 2019 to 5 thousand TWh (TeraWatt Hour)) by 2040. Similarly, the electricity demand from China is expected to reach 11 thousand TWh by 2040 from 7 thousand TWh in 2019. However, Easy contamination of transformer oil impedes the growth of the market over the forecast period of 2020-2026.
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The regional analysis of global Transformer Oil market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the significant region across the world in terms of market share owing to modernization of the existing transformers and technical upgradation coupled with declining crude oil prices in the region. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2026. Factors such as growing power requirements, along with the upgradation of the aging electrical infrastructure would create lucrative growth prospects for the Transformer Oil market across Asia-Pacific region.
Major market player included in this report are:
Nynas AB
Ergon International
Petrochina Company Limited
Apar Industries
Sinopec Lubricant
Calumet Speciality Products
Hydrodec Group
Cargill, Incorporated
ExxonMobil
Engen Petroleum Limited
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type:
Mineral
Silicone
Bio-based
By Application:
Transformer
Switchgear
Reactor
By End-user:
Transmission and Distribution
Power Generation
Railways & Metros
Others
Furthermore, years considered for the study are as follows:
Historical year – 2016, 2017, 2018
Base year – 2019
Forecast period – 2020 to 2026
Target Audience of the Global Transformer Oil Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
Continuous…
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Polysilicon Market:WiseGuyReports.com adds “Global Polysilicon Market Size, Status and Forecast 2020-2025” reports to its database.Executive SummaryThe Global Polysilicon Market valued at USD 7426 million in the year 2019 has been witnessing unprecedented growth.
Massive investments in expansion of solar capacity across the globe is a key driving factor for the growth of the Polysilicon market.
Governments of developing and developed countries and industrial sectors are emphasizing on the expansion of renewable energy sources, in which solar energy appears to show high potential.
Thus, policy makers, regulatory bodies and industrial sectors are investing enormously in the solar energy sector.
This is generating remarkable demand for solar panels across the globe.
The growth of the Polysilicon industry will however be slowed down because of the COVID-19 pandemic, which has completely halted all industries including manufacturing and logistics.Among the Application segment in the Polysilicon market (Solar Photovoltaic and Semiconductors), Solar Photovoltaic has been gaining popularity among other segments and is expected to keep major market share in the forecast period because of the adoption of energy sources that are sustainable.
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Market Research Future Published a Half-Cooked Research Report on Global Ink Resins Market Research Report - Global Forecast Till 2025 Global Ink Resins Market – SegmentationsThe Covid-19 Ink Resins Market Analysis has been segmented into four main dynamics to widen the scope of understanding,By Type: Modified Resin, Cellulose, Acrylic, Polyamide, Hydrocarbon, Polyurethane, and others.By Printing Process: Flexographic, Lithographic, Gravure, Digital, Letterpress, and others.By Application: Printing & Publication, Corrugated Boards, Flexible Packaging, and others.By Regions: Americas, Europe, Asia-Pacific, Middle East & Africa, and Rest-of-the-World.Global Ink Resins Market - Competitive LandscapeHighly competitive, the Ink Resins Market appears to be fragmented due to the presence of several large and small-scale players.
For business expansion, they acquire small yet promising companies in the emerging markets, focusing on optimized situational awareness for customers.
Rising strategic initiatives are changing the market structure by increasing the profit of the acquiring company and reducing market competition significantly.Major Players:Players Leading the Global Ink Resins Market include Arakawa Chemical Industries, Ltd (Japan), BASF SE (Germany), DowDuPont Inc (US), Royal DSM NV (Netherlands), Hydrite Chemical (US), Evonik Industries AG (Germany), Lawter (US), Indulor Chemie GmbH (Germany), Arizona Chemical Company, LLC (US), IGM Resins, Inc. (The Netherlands), US-Polymers-Accurez LLC (US), and Kraton Corporation (US), among others.Get Free Sample @ https://www.marketresearchfuture.com/sample_request/5093Industry/Innovation/Related News:November 09, 2019 —- Ingevity (the US), a specialty chemicals and materials manufacturer & supplier, launched its new environmentally friendly ink resin product line - AltaPrint.
Now available globally, The AltaPrint family of products offers customers a more eco-friendly solution without sacrificing gloss and film hardness performance characteristics.
The largest market share attributes to the growing demand from the packaging industry and expanding production capacities in the region.
Besides, factors such as the rising trend of on-the-go packaged food items & online shopping and the burgeoning eCommerce market in the region drive the market growth substantially.The presence of dynamically emerging economies in the region such as India, Japan, China, Singapore, and South Korea impacts the regional market growth positively.
