Metalworking Fluids Market Size to cross $15 Bn by 2025

Metalworking Fluids Market size is expected to cross USD 15 billion by 2025, according to research conducted by Global Market Insights.
 

Rapid urbanization coupled with swelling automotive sales across the globe especially in the emerging economies are the key factors driving the metalworking fluids market during the forecast period. The specialty fluids can be used in various ways in processing metal workpieces. The most common three ways include spray, continuous jet and hand dispensers. Sprays can be manually operated and are generally used in cases where the workpiece rotation speed is varied frequently by the operator. These are extensively used in applications such as turning, grinding, drilling, reaming, tapping and broaching. The end-use industries using these applications are aerospace, automotive, marine, defense and manufacturing companies. MWFs are used to protect, lubricate and cool the machine during stamping, drawing, roll forming, cold heading, extruding and welding tube rolls in the production process. The robust growth in the metal & steel fabrication will boost demand for the forming and removal MWFs, thereby propelling the market by 2025.

 

Request Sample Buy NowInquiry Before Buying

 

The increasing usage of alloys of non-ferrous metals, such as aluminum and titanium in the aerospace industry, would hamper the demand for specialty fluids as these alloys do not require specialty fluids in the machining process. Furthermore, workers can also be exposed by breathing in the vapor, by getting the fluids on their skin, or by ingesting them. However, rising usage of bio-based metalworking fluids has lowered environmental issues and health risks for workers. This will likely influence the metalworking fluids market size over the forecast timeframe.
 

U.S. Metalworking Fluids Market Size, By Product, 2014 - 2025 (USD Million)
Metalworking Fluids Market

Get more details on this report - Request Free Sample PDF
 

The product segment is divided into synthetic fluid, soluble oil, neat oil and semi-synthetic fluid. Neat oils are composed of animal, mineral, synthetic, marine or vegetable oils. These are not diluted with water, but other additives may be present. These oils are applicable in gear cutting, threading of alloys and broaching operations.
 

Browse key industry insights spread across 281 pages with 296 market data tables & 50 figures & charts from the report, “Metalworking Fluids Market Size By Product (Neat Oil, Soluble Oil, Semi-Synthetic Fluid, Synthetic Fluid), By Application (Removal Fluids, Forming Fluids, Protecting Fluids, Treating Fluids), Industry Analysis Report, Regional Outlook (U.S., Canada, UK, Germany, France, Italy, Spain, China, India, Japan, Australia, Malaysia, Indonesia, Brazil, Mexico, South Africa, Saudi Arabia, UAE), Application Potential, Price Trends, Competitive Market Share & Forecast, 2018 – 2025” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/metalworking-fluids-market
 

Based on the product applications, the market is classified into forming fluids, treating, protecting fluids and removal. Removal fluids are used in grinding and machining operations to prolong the tool-life, transport debris and safeguard the work piece surfaces from frictional wear. They account for 1% - 3% of the total manufacturing cost and provide substantial savings through an extended tool life, protection of the work piece surfaces, and reduced machine downtime. The segment will register over USD 7 billion by 2025 owing to the growth in the OEM industries in the coming years.
 

The established automobile market in Europe, especially in Germany offers a promising growth of more than 4% CAGR by 2025. As metal is broadly used in vehicles to provide stability and structural strength. Thus, metalworking fluids will be essentially required in the automobile business as a coolants and metal protection purposes in the future years. Also, due to flourishing automobile industry, metal and steel fabrication industry is booming in Europe. In this industry, steel and metal undergo bending, cutting, and assembling processes, which essentially require specialty fluids for effective and efficient operations.
 

Castrol Limited, Exxon Mobil Corporation, Lukoil Lubricants, Lubrizol Corporation, Quaker Chemical, TOTAL Sa, PPG Industries, Royal Dutch Shell, Henkel Corporation, etc. are some key market contributors in the market.
 

Inquiry Before BuyingRequest Sample
 

The metalworking fluids market research report includes in-depth coverage of the industry with estimates & forecast in terms of volume in thousand square meter and revenue in USD million from 2014 to 2025, for the following segments:

By Product

  • Neat Oil
  • Soluble Oil
  • Semi-Synthetic Fluid
  • Synthetic Fluid

Product by Application

  • Neat oil
    • Removal Fluids
    • Forming Fluids
    • Protecting Fluids
    • Treating Fluids
  • Soluble oil
    • Removal Fluids
    • Forming Fluids
    • Protecting Fluids
    • Treating Fluids
  • Semi-Synthetic Fluid
    • Removal Fluids
    • Forming Fluids
    • Protecting Fluids
    • Treating Fluids
  • Synthetic Fluid
    • Removal Fluids
    • Forming Fluids
    • Protecting Fluids
    • Treating Fluids

By Application

  • Removal Fluids
  • Forming Fluids
  • Protecting Fluids
  • Treating Fluids

The above information is provided on a regional and country basis for the following:

  • North America
    • U.S.
    • Canada
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Spain
  • Asia Pacific
    • China
    • India
    • Japan
    • Australia
    • Indonesia
    • Malaysia
  • Latin America
    • Brazil
    • Mexico
  • MEA
    • South Africa
    • Saudi Arabia

We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies. More info X