Industry InsightsThe global transformer oil market size was estimated at USD 1.56 billion in 2016 and is expected to grow at a rate of 11.5% from 2017 to 2025. Expansion in the power sector to meet growing electricity requirements has driven significant progress in the transformers industry. The increasing focus on rural electrification in emerging... Continue Reading →

The global transformer oil market is expected to reach USD 4.05 billion by 2025, according to a new report by Grand View Research, Inc. Rural electrification in emerging economies and expanding manufacturing sites have driven energy needs and boosted transformers growth, subsequently contributing to oils demand in recent years.These products possess excellent insulative and electrical properties, oxidative... Continue Reading →