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Synthetic Ester Transformer Oil Market Size, Trends, Industry Report, Key Player, Major Segments, and Forecast, 2032

This market is expected to reach $1,024 million by the end of 2032, with a compound annual growth rate (CAGR) of about 20% between 2024 and 2032. In 2023, the global synthetic ester transformer oil market was estimated to be worth $524 million.