Global Metal Working Fluids Market Report, History and Forecast 2015-2026, Breakdown Data by Manufacturers, Key Regions, Types and Application

SKU ID : QYR-16033835 | Publishing Date : 05-Aug-2020

Metalworking fluids (MWFs) are used to reduce heat and friction and to remove metal particles in industrial machining and grinding operations. There are numerous formulations, ranging from Removal fluids (such as petroleum oils) to water-based fluids, which include Treating fluids and semisynthetic/Protecting fluids. MWFs may be complex mixtures of oils, emulsifiers, anti-weld agents, corrosion inhibitors, extreme pressure additives, buffers (alkaline reserve), biocides, and other additives. In use, the fluid complexity is compounded by contamination with substances from the manufacturing process (such as tramp oils, hydraulic fluids, and particulate matter from grinding and machining operations).
In the last several years, global market of metal working fluids developed steadily, with an average growth rate of 2.3%. In 2016, global revenue of Metal Working Fluids is nearly 8301 M USD; the actual sales volume is about 2671 K MT.
The global average price of metal working fluids is in the decreasing trend, from 3250 USD/ MT in 2012 to 3108 USD/MT in 2016. With the situation of global economy, prices will be in decreasing trend in the following five years.
The classification of metal working fluids includes removal fluids, treating fluids, Metal Forming Fluids and protecting fluids. The proportion of removal fluids in 2016 is about 50.20%, and the proportion of metal treating fluids in 2016 is about 29.26%.
Metal working fluids are application in automotive, general and other industry. The most proportion of metal working fluids is used in general industry stood at 51.21% in 2016, compare to 34.81% in automotive industry.
Asia Pacific is the largest consumption place, with a consumption market share nearly 41.04% in 2016. North America is the second largest consumption place with the consumption market share of 26.88%. United States market was USD 2.03 billion in 2016 and is expected to witness significant rise on account of high consumption of the product in the automobile sector in the U.S. Robust manufacturing base of automobile industry coupled with growing demand in Germany, and Russia is expected to augment demand in Europe over the forecast period.
Market competition is intense. With the development of society and the changing of consumer demand, the metal working fluids industry will be more and more popular in the future.

Market Analysis and Insights: Global Metal Working Fluids Market
The global Metal Working Fluids market size is projected to reach US$ 3338.3 million by 2026, from US$ 2929.7 million in 2020, at a CAGR of 2.2% during 2021-2026.
Global Metal Working Fluids Scope and Segment
The global Metal Working Fluids market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Metal Working Fluids market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type, and by Application for the period 2015-2026.
The major regions covered in the report are North America, Europe, Asia-Pacific, South America, Middle East & Africa, etc. The report has specifically covered major countries including U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, U.A.E, etc. It includes revenue and volume analysis of each region and their respective countries for the forecast years. It also contains country-wise volume and revenue from the year 2015 to 2020. Additionally, it provides the reader with accurate data on volume sales according to the consumption for the same years.

Segment by Type, the Metal Working Fluids market is segmented into
Metal Removal Fluids
Metal Treating Fluids
Metal Forming Fluids
Metal Protecting Fluids

Segment by Application, the Metal Working Fluids market is segmented into
Automotive Industry
General Industry
Others

Metal Working Fluids market competitive landscape provides details and data information by players. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on revenue (global and regional level) by players for the period 2015-2020. Details included are company description, major business, company total revenue and the sales, revenue generated in Metal Working Fluids business, the date to enter into the Metal Working Fluids market, Metal Working Fluids product introduction, recent developments, etc.
The major vendors covered:
Houghton
BP
Quaker
FUCHS
Yushiro Chemical
ExxonMobil, Henkel
Chevron
Blaser
PETROFER
Master Chemical
Buhmwoo Chemical
JX MOE
DowDuPont
Francool
Talent
Sinopec
Oemeta
Milacron
Amer
Peisun
Boer technology

Geographic Segmentation
The report offers exhaustive assessment of different region-wise and country-wise Metal Working Fluids markets such as U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, U.A.E, etc. Key regions covered in the report are North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa.
For the period 2015-2026, the report provides country-wise revenue and volume sales analysis and region-wise revenue and volume analysis of the global Metal Working Fluids market. For the period 2015-2020, it provides sales (consumption) analysis and forecast of different regional markets by Application as well as by Type in terms of volume.

Frequently Asked Questions

This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
  • By product type
  • By End User/Applications
  • By Technology
  • By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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