Brazil Transformer Oil Market Size & Outlook, 2022-2030

The transformer oil market in Brazil is expected to reach a projected revenue of US$ 73.4 million by 2030. A compound annual growth rate of 10.4% is expected of Brazil transformer oil market from 2023 to 2030.
Revenue, 2022 (US$M)
$33.3
Forecast, 2030 (US$M)
$73.4
CAGR, 2023 - 2030
10.4%
Report Coverage
Brazil

Brazil transformer oil market highlights

  • The Brazil transformer oil market generated a revenue of USD 33.3 million in 2022 and is expected to reach USD 73.4 million by 2030.
  • The Brazil market is expected to grow at a CAGR of 10.4% from 2023 to 2030.
  • In terms of segment, mineral oil was the largest revenue generating product in 2022.
  • Silicon Oil is the most lucrative product segment registering the fastest growth during the forecast period.

Transformer oil market data book summary

Market revenue in 2022USD 33.3 million
Market revenue in 2030USD 73.4 million
Growth rate10.4% (CAGR from 2023 to 2030)
Largest segmentMineral oil
Fastest growing segmentSilicon Oil
Historical data2018 - 2021
Base year2022
Forecast period2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationMineral Oil, Silicon Oil, Bio Based oil
Key market players worldwideChina Petroleum & Chemical Corp Class H, Cargill, Shell PLC, Engie SA, Nynas, Ergon

Other key industry trends

  • In terms of revenue, Brazil accounted for 1.6% of the global transformer oil market in 2022.
  • Country-wise, China is expected to lead the global market in terms of revenue in 2030.
  • In Latin America, Brazil transformer oil market is projected to lead the regional market in terms of revenue in 2030.
  • Mexico is the fastest growing regional market in Latin America and is projected to reach USD 53.6 million by 2030.

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Transformer Oil Market Companies

Name Profile # Employees HQ Website

Brazil transformer oil market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to transformer oil market will help companies and investors design strategic landscapes.


Mineral oil was the largest segment with a revenue share of 90.39% in 2022. Horizon Databook has segmented the Brazil transformer oil market based on mineral oil, silicon oil, bio based oil covering the revenue growth of each sub-segment from 2018 to 2030.


  • Brazil Transformer Oil Product Outlook (Revenue, USD Million, 2018-2030)
    • Mineral Oil
      • Nepthanic Oil
      • Paraffinic Oil
    • Silicon Oil
    • Bio Based oil
  • Brazil Transformer Oil End Use Outlook (Revenue, USD Million, 2018-2030)
    • Small Scale Transformers
    • Large Scale Transformers
    • Utilites
    • Others

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  • Our clientele includes a mix of transformer oil market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil transformer oil market , including forecasts for subscribers. This country databook contains high-level insights into Brazil transformer oil market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Brazil transformer oil market size, by product, 2018-2030 (US$M)

Brazil Transformer Oil Market Outlook Share, 2022 & 2030 (US$M)

Brazil transformer oil market size, by product, 2018-2030 (US$M)

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