Home › News Updates › MarketsandMarkets Quoted for Opportunities in Transformer Oil Market by FE Investigate
FE Investigate recently quoted MarketsandMarkets in their article on transformer oil market published by Hydrodec Group plc, explaining the future market scenario.
Thanks to the rising power consumption and extensive demand for power, especially in developing nations such as India and China, there has been an increase in the expansion of electric networks, resulting in the increased installation and upgradation of transformers, thereby driving the demand for transformer oil. The global transformer oil market is projected to be worth $2.79 Billion by 2020, growing at a CAGR of 7.14% during the forecast period from 2015 to 2020.
For More Details:
Report mentioned in the above news is,
Transformer Oil Market by Type (Mineral- Naphthenic and Paraffinic), by Application (Small transformers, Large Transformers, Utility & Others), & Region (Asia-Pacific, North America, Europe, ROW) - Global Trends & Forecasts to 2020
Share this story
How can we help you?
To discuss how our team can help you and your business achieve true results,
Get in touch with us