Global Demand for Transformer Oils Surges with the Integration of Renewable Energy Sources into Power Grids

According to FMI analysis, over the years from 2023 to 2033, the overall demand for transformer oil industry size is anticipated to expand at an 8.8% CAGR. The demand for transformer oil continues to increase notably on a global scale which was valued at around USD 4,015.2 million in 2022. By the end of this forecast period, …

Transformer Oil Market Set to Surge with Growing Demand for Grid Modernization and Renewable Energy Integration

According to FMI analysis, over the years from 2023 to 2033, the overall demand for transformer oil industry size is anticipated to expand at an 8.8% CAGR. The demand for transformer oil continues to increase notably on a global scale which was valued at around USD 4,015.2 million in 2022. By the end of this forecast …