Dielectric Fluids Market Inclinations Exhibit Growing Demand During the Period Until 2027
In the coming decade, with increasing demand for electricity and new power generation projects, electric utilities are likely to invest around US$ 3.2 trillion at a global level for new transmission as well as replacement transmission and distribution infrastructure, which is expected to auger well for power and distribution transformers. In addition, transformer and energy infrastructure industry is witnessing steady growth with increasing government initiatives that has resulted in an upsurge in the power sector. Dielectric fluids, being a vital...
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