QYResearch: Global Transformer Oil Market Will Reach 3159 Million USD in 2022
Author: Guo Chao
Company: QYResearch
Transformer oil is an oil that is stable at high temperatures and has excellent electrical insulating properties. It is used in oil-filled transformers, some types of high-voltage capacitors, fluorescent lamp ballasts, and some types of high-voltage switches and circuit breakers. Its functions are to insulate, suppress corona discharge and arcing, and to serve as a coolant.
Transformer oil makes use of hydrocarbon mineral oil. It mainly consists of four generic classes of organic compounds. They are aromatics, paraffins, napthenes and olefines. Transformer oil will provide better insulation when aromatics, paraffins, napthenes and olefines are present in it at a right proportion. Transformer oil is desired to have more of saturated paraffins and less of aromatics, napthenes and olefines for better insulation. For more stability, more aromatics and napthenes are necessary. To get transformer oil at insulating property and stability, there must be an optimum mix of four organic components. This can be obtained by careful refining of crude oil. Vegetable and animal oils cannot be used in transformers because they form fatty acids and attack the fibrous insulating materials.
Transformer oil serves mainly two purposes one it is liquid insulation in electrical power transformer and two it dissipates heat of the transformer e.i. acts as coolant. In addition to these, this oil serves other two purposes, it helps to preserve the core and winding as these are fully immersed inside oil and another important purpose of this oil is, it prevents direct contact of atmospheric oxygen with cellulose made paper insulation of windings, which is susceptible to oxidation.
The "Global Transformer Oil Market Research Report 2017" released by QYResearch shows that the revenue of transformer oil is about 2099 million USD in 2016 all around the world. And the transformer oil market will reach 3159 million USD by 2022.
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Analyst: guochao@qyresearch.com
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