Transformer Oil Market: Key Challenges and Opportunities in the...

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2024-11-29 08:37:15 -

Transformer Oil Market: Key Challenges and Opportunities in the Industry

The global transformer oil market size is expected to reach USD 6.12 billion by 2030, registering a CAGR of 12.3% from 2024 to 2030, according to a new report by Grand View Research, Inc. The growth is driven by the high utilization of transformer oil in the power generation sector along with an increase in demand for electric grids in emerging economies. The product is used to...

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