Global Bio-based Transformer Oil Market Size, Share, Forecast 2023 – 2033
The Bio-based Transformer Oil Market Size is Anticipated to Exceed USD 152.67 Million by 2033, Growing at a CAGR of 7.65% from 2023 to 2033. Transformer oil derived from vegetable oils, and algae, provides a sustainable substitute for traditional oils derived from limited fossil fuel resources. Traditionally, transformer oil a vital component of electrical transformers is derived from petroleum.