Transformer Oil Market - Global Industry Analysis Size Share Growth Trends and Forecast 2016 - 2024

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oards, and high voltage capacitors are expected to are anticipated to hold an insignificant share in the worldwide market for transformer oil. Get accurate market forecast and analysis on the Transformer Oil Market Request a sample to stay abreast on the key trends impacting this market. http://www.transparencymarketresearch.com/sample/sample.php? flag=S&rep_id=23894 Asia Pacific to Retain Lead in Global Transformer Oil Market Geographically, the worldwide market for transformer oil is segmented into the Middle East and Africa, Latin America, Asia Pacific, Europe, and North America. Asia Pacific dominated the global market in 2015 with a share of more than 43%. Thanks to the increasing focus of the governments in Asian countries, such as China, India, and Korea, on the advancement of the power infrastructure in these nations, the Asia Pacific market for transformer oil is likely to retain its dominance over the next few years. In developed regions, such as North America and Europe, the market for transformer oil is in its maturity, so the growth is expected to be sluggish. Over the coming years, these regional markets are expected to be driven by the refurbishment of the present power infrastructure. Especially, the market in Europe is projected to be driven by the development of offshore wind farms for power generation. ExxonMobil Corp., China Petroleum & Chemical Corp., Nynas AB, Royal Dutch Shell Plc, Dow Corning Corp., Apar Industries Ltd., Cargill Inc., Calumet Specialty Products Partners L.P., Gulf Oil Middle East Ltd., Engen Petroleum Ltd., Electrical Oil Services Ltd., Ergon Inc., and San Joaquin Refining Co. Inc. are the key vendors of transformer oil across the world. About Us Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge. Each TMR syndicated research report covers a different sector – such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, TMR’s syndicated reports strive to provide clients to serve their overall research requirement.
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Transformer Oil Market - Global Industry Analysis Size Share Growth Trends and Forecast 2016 - 2024

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