Increasing Demand for Transformer Oil Drives Market Expansion with a Promising CAGR of 6.5% and a Value of $3.35 Billion by 2030

The transformer oil market is a thriving sector in the global energy industry. Transformer oil, also known as insulating oil, plays a critical role in ensuring the efficient and reliable operation of electrical transformers and other high-voltage equipment. This specialized oil serves as both an electrical insulator and a coolant, effectively dissipating heat and preventing electrical breakdown. […]