Transformer Oil Market to See Huge Growth by 2030

Transformer Oil Market

According to the new market research report “Transformer Oil Market by Oil Type (Mineral (Naphthenic, Paraffinic), Silicone, Bio-based), Application (Transformer, Switchgear, Reactor), End User (Transmission & Distribution, Power Generation, Railways & Metros), and Region – Global Forecast to 2030 “, published by MarketsandMarkets™, the global …

Transformer Oil Market to Witness Strong Growth | Nynas AB, Ergon International, Petrochina, Apar Industries, Sinopec Lubricant.

Transformer Oil Market

The global transformer oil market is projected to reach USD 3.0 billion by 2025 from an estimated market size of USD 2.2 billion in 2020, at a CAGR of 6.9% during the forecast period. The factors driving the growth for transformer oil are the upgradation …