Transformer Oil Market Worth $2.79 Billion by 2020
Global transformer oil market is expected to grow from $1.98 Billion in 2015 to $2.79 Billion by 2020 at a CAGR of 7.14% from 2015 to 2020. Mineral oil-based transformer oil is expected to occupy the major share as compared to silicone and bio-based transformer oils for the next five years.
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