Transformer Oil Market Estimated to Reach a Value US$ 3.26 Billion by 2024
The global transformer oil market is divided on the basis of product type as mineral oil, silicone based and bio based transformer oil. The mineral oil segment is further classified into naphthenic oil and paraffinic oil. Based on application type, the transformer oil market has been segmented into power transformers, distribution transformers and others application segment.
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