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Ester transformer oil is special oil that is stable at high temperatures and has excellent electrical insulating properties.
Looking at the global market, Americas ester transformer oils market is estimated to be valued at 42 USD Million in 2018, and projected to expand at a CAGR of 9.54% over the forecast period to reach value of 80 USD million by 2025. North America plays an important role in global ester transformer oils market. The Europe market is mature and developed stably in the past few years and will keep the trend in the next years, it was 43 USD Million in 2018 and will reach 72 USD million in 2025, with a CAGR of 7.58% between 2018 and 2025.
Market Analysis and Insights: Global Ester Transformer Oils Market
The global Ester Transformer Oils market is valued at US$ 117.4 million in 2019. The market size will reach US$ 213.2 million by the end of 2026, growing at a CAGR of 8.8% during 2021-2026.
Global Ester Transformer Oils Scope and Segment
Ester Transformer Oils market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Ester Transformer Oils market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2016-2027.
Segment by Type
Natural Ester Transformer Fluid
Synthetic Ester Transformer Oil
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 64.19% of the total market share in 2018.
Segment by Application
Ordinary Transformer
EHV Transformer
About application of Ester Transformer Oils, Ordinary Transformer has wider rage of applications,its market share as high as 97.09% in 2018.
By Company
Cargill
M&I Materials Limited
Shell
Sinopec
Savita Oil
Raj Petro Specialties
Production by Region
North America
Europe
Brazil
Japan
India
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
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