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June 4, 2020, 7:29 a.m. EDT

Industry Report: Transformer Oil Market Size to Register Healthy Growth Rate Through 2023

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Jun 04, 2020 (Market Insight Reports) -- Selbyville, Delaware According to Market Study Report, Provides A Detailed Overview Of Transformer Oil Market With Respect To The Pivotal Drivers Influencing The Revenue Graph Of This Business Sphere. The Current Trends Of Transformer Oil Market In Conjunction With The Geographical Landscape, Demand Spectrum, Remuneration Scale, And Growth Graph Of This Vertical Have Also Been Included In This Report.

Scope of the Report

The report titled Global Transformer Oil Market: Size, Trends and Forecasts (2019-2023), provides an in depth analysis of the global transformer oil market by value, by volume, by type, by application, by region, etc. The report also provides a regional analysis of the transformer oil market, including the following regions: Asia Pacific (China & Rest of Asia Pacific), North America (the US & Rest of North America), Europe (Germany & Rest of Europe) and ROW. The report also provides a detailed analysis of the US market by value and by type, and Germany market by value and by application.

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The report also assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry. Growth of the overall global transformer oil market has also been forecasted for the period 2019-2023, taking into consideration the previous growth patterns, the growth drivers and the current and future trends.

The global transformer oil market is highly dominated with few market players operating worldwide. Some transformer oil market players operating on a local level while other players operating on a regional and global level. The producers of transformer oil produce different types of transformer oil for different applications. Further, key players of the transformer oil market are Nynas AB, Ergon, Inc., PetroChina Company Limited, Apar industries Ltd. are also profiled with their financial information and respective business strategies.

Country Coverage

Asia Pacific

North America



Company Coverage

Nynas AB

Ergon, Inc.

PetroChina Company Limited

Apar Industries Ltd.

Executive Summary

Transformer oil, also known as insulating oil, is commonly used in transformers for its excellent electrical insulating properties and dielectric properties. The primary function of the transformer oil is to insulate and cool down the transformers. The transformer oil acts as a coolant agent to dissipate the heat of the transformers. Transformer oil is also used in high voltage switches, high voltage capacitors, and circuit breakers.

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