Home > Chemicals & Materials > Metalworking > Europe Metalworking Fluids Market

Europe Metalworking Fluids Market Share

  • Report ID: GMI5171
  • Published Date: Dec 2021
  • Report Format: PDF
 Download Free Sample

Europe Metalworking Fluids Market Share

Metalworking fluid manufacturers continue to accelerate investments in production facilities and expand their local presence to gain a competitive edge in regional markets. For an instance, in April 2018, Clariant extended its distribution partnership with Azelis for its waxes and specialty chemical product segment. This agreement will allow the company to achieve satiability in distribution operations, especially in Europe. This investment will increase the company's local presence and provide its customers with a wide range of products.

 

The key Europe metalworking fluids industry participants include :

  • Castrol Limited
  • Exxon Mobil Corporation
  • Clariant
  • Lukoil Lubricants
  • Lubrizol Corporation
  • TOTAL SA
  • Quaker Chemical Corporation
  • The Dow Chemical Company
  • Henkel Corporation
  • Chemetall
  • Idemitsu Kosan Co
  • Eastman Chemical Company
  • Sinopec
  • ANGUS Chemical Company
Authors: Kiran Pulidindi, Akshay Prakash

Frequently Asked Questions (FAQ) :

The global metalworking fluids market size in Europe was around USD 2,678 million in 2020 and will foresee a CAGR of over 5.4% up to 2027 driven by increasing demand by original equipment manufacturers for automation, metal fabrication, and steel.

Metalworking fluids are mainly employed for reducing heat and friction as well as to remove metal particles in industrial machining and grinding operations.

The regional market share from the soluble oil product segment will cross USD 1.5 billion through 2027 owing to increasing penetration in chip formation, preventing overheating, and extending the service life of machine tools.

The European metalworking fluids market share from the automotive industry is set to record a 5.5% CAGR up to 2027 driven by the escalating trend of weight reduction and electric or hybrid vehicles.

The metalworking fluids market in Germany is anticipated to record a 5.5% CAGR through 2027 owing to the rapidly increasing industrial activities and production operations in the region.

Europe Metalworking Fluids Market Scope

  • Europe Metalworking Fluids Market Size
  • Europe Metalworking Fluids Market Analysis
  • Europe Metalworking Fluids Market Share

    • Buy Now

    Premium Report Details

    • Base Year: 2020
    • Companies covered: 14
    • Tables & Figures: 44
    • Countries covered: 5
    • Pages: 100
     Download Free Sample
    ×
    Get a free sample of Europe Metalworking Fluids Market
    Inquiry Before Buying
    Get special pricing options on this report
    Request Sectional Data
    Over 70% of our clients customize reports to fit their needs. Please tell us how you would like to customize yours below

    Your personal details will remain secure and confidential.