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Transformer Oils Market, COVID-19 Analysis, Key Players, Growth, Analysis, Industry Segments, Opportunities and Forecast to 2023 Transformer Oils Market Global Research Report: By Type (Naphthenic Oil, Paraffinic Oil, Bio-Based Oil, Silicone Oil), By Application (Large Transformers, Small Transformers, Utility & Others), And Region – Forecast Till 2023 Market Overview According to Market Research Future (MRFR), the global transformer oil market is expected to expand at a CAGR of 8.29% while procuring the market value of USD 4,002.8 million by 2023. The growing demand for electricity in rural areas in developing countries is expected to be a significant factor that can boost the transformer oil market 2020. Urbanization and industrialization are other salient causes that can trigger the oil demand and enhance the transformer oil market opportunities. The expansion of the power sector to meet electricity requirements among the growing populace is anticipated to d ....
Posted on 203 ResearchAndMarkets.com’s offering. The Global Base Oil Market was valued at USD 36.55 billion in 2019 and is estimated to garner USD 41.65 billion by 2030, expanding at a CAGR of 1.1% during the forecast period, from 2020 to 2030. The volumetric turn-over of the global base oil market was 41,907.3 kilotons in 2019 and is expected to reach 48,879.3 kilotons by 2030, at a CAGR of 1.3% during the forecast period, from 2020 to 2030. Base oil is a refined petroleum product obtained from heavy hydrocarbons by refining crude oil at extreme temperature ranges. It is extensively employed in a wide range of applications such as manufacturing automotive oil, industrial oil, metalworking fluids and lubricating greases, and other lubricant base stock. The quality standards of base oil majorly depend on parameters such as viscosity, oxidation, vitality, consistency, compatibility, pour point, seal addi ....
Base Oil Market: Group I-V - Global Opportunity Analysis and Industry Forecast 2020-2030 - ResearchAndMarkets.com ResearchAndMarkets.com s offering. The Global Base Oil Market was valued at USD 36.55 billion in 2019 and is estimated to garner USD 41.65 billion by 2030, expanding at a CAGR of 1.1% during the forecast period, from 2020 to 2030. The volumetric turn-over of the global base oil market was 41,907.3 kilotons in 2019 and is expected to reach 48,879.3 kilotons by 2030, at a CAGR of 1.3% during the forecast period, from 2020 to 2030. Base oil is a refined petroleum product obtained from heavy hydrocarbons by refining crude oil at extreme temperature ranges. It is extensively employed in a wide range of applications such as manufacturing automotive oil, industrial oil, metalworking fluids and lubricating greases, and other lubricant base stock. The quality standards of base oil majorly depend on parameters such as viscosity, oxidation, vitality, consistency, comp ....