Ester transformer oils market size will reach $148.6 M by 2024

Ester transformer oils market will register a 9.1 % CAGR in terms of revenue, the global market size will reach $148.6 M by 2024, from $104.7 M in 2019 according to the Reports Web.

The consumption of natural ester transformer fluid and synthetic ester transformer oil is similar in 2018, but synthetic ester transformer oil has a higher market share, accounting for 64.2 % of the total market share in 2018.

The key manufacturers covered in this report: Sinopec, M&I Materials Limited, Cargill, Savita Oil, Shell, Raj Petro Specialties.

The regions covered in this report are: Americas, APAC, Europe, Middle East & Africa.

Source: Market Mirror 24