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Last Updated: Apr 25, 2025 | Study Period: 2024-2030
To act as insulators and stop electrical discharges, dielectric fluids are employed in high voltage applications.
To reduce transmission losses, offer electrical insulation, provide cooling, etc., transformers use dielectric oils and other electrical insulating fluids.
Dielectric fluids are highly appreciated in many applications due to their low viscosity, quick heat dissipation, superior electrical insulation, oxidation resistance, high flash point, and other distinguishing characteristics.
The Global Plant-Based Dielectric Fluid market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.
The first plant-based dielectric immersion cooling fluid, according to Cargill, has been created. The heat transfer fluid enables a sustainable and effective approach to cool electronic devices and is designed for usage in data centres, cryptocurrency mining, and other applications.
More than 90% of the ingredients in NatureCool 2000 are vegetable oils and chemicals. Compared to traditional air cooling, it enables cooling capacities up to 1,000 times greater while using up to 60% less energy.
For both new and used power transformers, Prolec GE created VG-100, a natural ester dielectric fluid replacement based on seeds.
A seed-based ester-type dielectric fluid called VG-100 is made from plants like soybeans. Tri-alcohol and fatty acids are esterified, followed by the transesterification of mono- and tri-esters, to produce natural esters.
These are frequently used as retro fills in power and distribution transformers. Dielectric fluids made from plants are biodegradable and secure to handle. They have a longer useful life and frequently increase the lifespan of transformers.
Sl no | Topic |
1 | Market Segmentation |
2 | Scope of the report |
3 | Abbreviations |
4 | Research Methodology |
5 | Executive Summary |
6 | Introduction |
7 | Insights from Industry stakeholders |
8 | Cost breakdown of Product by sub-components and average profit margin |
9 | Disruptive Innovation in the Industry |
10 | Technology Trends in the Industry |
11 | Consumer trends in the industry |
12 | Recent Production Milestones |
13 | Component Manufacturing in the US, EU and China |
14 | COVID-19 impact on overall market |
15 | COVID-19 impact on Production of components |
16 | COVID-19 impact on the point of sale |
17 | Market Segmentation, Dynamics and Forecast by Geography, 2024-2030 |
18 | Market Segmentation, Dynamics and Forecast by Product Type, 2024-2030 |
19 | Market Segmentation, Dynamics and Forecast by Application, 2024-2030 |
20 | Market Segmentation, Dynamics and Forecast by End Use, 2024-2030 |
21 | Product installation rate by OEM, 2023 |
22 | Incline/Decline in Average B-2-B selling price in the past 5 years |
23 | Competition from substitute products |
24 | Gross margin and average profitability of suppliers |
25 | New product development in the past 12 months |
26 | M&A in the past 12 months |
27 | Growth strategy of leading players |
28 | Market share of vendors, 2023 |
29 | Company Profiles |
30 | Unmet needs and opportunities for new suppliers |
31 | Conclusion |
32 | Appendix |