Global Metalworking Fluids Market

Global Metalworking Fluids Market was valued at USD 10.15 billion in 2019 which is expected to USD 15.32 billion by 2030 at a CAGR 4.5%.

Metalworking fluids are used to lubricate or cool metal work pieces during milling and machining processes. Metalworking fluids reduces friction generated between the work piece and cutting tool thereby improving the work piece quality.

 

Market Drivers

Increase in exploration and product activities in various regions including Asia Pacific which is expected to boost the global metalworking fluids market growth. Furthermore, growing automotive industry is key driving factor which is expected to propel the global metalworking fluids market growth. Moreover, increase in demand of metalworking fluids in general manufacturing and automobile industries is expected to fuel the growth of global metalworking fluids market during this forecast period. In addition, rise in demand in several industries including fabrication, automation, steel and original equipment manufacturers will have the positive impact on global metalworking fluids market growth.

 

Market Restraint

However, stringent environmental regulations and policies are the restraining factors which are expected to hinder the global metalworking fluids market growth. Also, reduction in metal parts automakers will affect the global metalworking fluids market growth.

 

Impact of COVID 19 on Market

Increase in COVID 19 Pandemic is led to reduce utilization rates of refineries across the world, resulting shortage of supply chain for various sectors which is expected to hamper the growth of global metalworking fluids market growth.

 

Market Segmentation

Global Metalworking Fluids Market is segmented into product such as Semi-Synthetic Fluids, Synthetic Fluid, Soluble Oil, and Neat Oil, by application such as Treating Fluids, Protecting Fluids, Forming Fluids, and Removal Fluids. Further, Global Metalworking Fluids Market is segmented into end user such as Healthcare, Aerospace, Automotive, Construction, Electrical & Power, Agriculture, and Others.

Also, Global Metalworking Fluids Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.

 

Market Key Players

Various key players are discussed in this report such as Lubrizol Corp., Lukoil Oil Co., Sinopec Ltd., Idemitsu Kosan Co. Ltd, Houghton International Inc., Chevron Corp., BP PLC, Total S.A., Fuchs Petolub AG, and Exxonmobil Corp.

 

Market Taxonomy

By Product

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

 

By Application

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

 

By End use

  • Healthcare
  • Aerospace
  • Automotive
  • Construction
  • Electrical & Power
  • Agriculture
  • Others

 

By Region

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East & Africa

 

Key Questions Addressed by the Report

  • What are the Key Opportunities in Metalworking Fluids Market?
  • What will be the growth rate from 2019 to 2030?
  • Which segment/region will have highest growth?
  • What are the factors that will impact/drive the Market?
  • What is the competitive Landscape in the Industry?
  • What is the role of key players in the value chain?
  • What are the strategies adopted by key players?

 

Global Metalworking Fluids Market TOC

1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Metalworking Fluids Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Metalworking Fluids Market, By Product
5.1 Y-o-Y Growth Comparison, By Product
5.2 Global Metalworking Fluids Market Share Analysis, By Product
5.3 Global Metalworking Fluids Market Size and Forecast, By Product
5.3.1 Semi-Synthetic Fluids
5.3.2Synthetic Fluids
5.3.3Soluble Oil
5.3.4Neat Oil
6 Global Metalworking Fluids Market, By Application
6.1 Y-o-Y Growth Comparison, By Application
6.2 Global Metalworking Fluids Market Share Analysis, By Application
6.3 Global Metalworking Fluids Market Size and Forecast, By Application
6.3.1 Plant Asset Management
6.3.2 Treating Fluids
6.3.3Protecting Fluids
6.3.4Forming Fluids
6.3.5 Removal Fluids
7 Global Metalworking Fluids Market, By End Use
7.1 Y-o-Y Growth Comparison, By End Use
7.2 Global Metalworking Fluids Market Share Analysis, By End Use
7.3 Global Metalworking Fluids Market Size and Forecast, By End Use
7.3.1 Healthcare
7.3.2 Aerospace
7.3.3Automotive
7.3.4Construction
7.3.5Electrical & Power
7.3.6Agriculture
7.3.7Others
8 Global Metalworking Fluids Market, By Region
8.1 Global Metalworking Fluids Market Share Analysis, By Region
8.2 Global Metalworking Fluids Market Share Analysis, By Region
8.3 Global Metalworking Fluids Market Size and Forecast, By Region
9 North America Metalworking Fluids Market Analysis and Forecast (2017 – 2030)
9.1 Introduction
9.2 North America Metalworking Fluids Market Share Analysis, By Product
9.3 North America Metalworking Fluids Market Size and Forecast, By Application
9.4 North America Metalworking Fluids Market Size and Forecast, By End Use
9.5 North America Metalworking Fluids Market Size and Forecast, By Country
9.5.1 U.S.
9.5.2 Canada
9.5.3 Mexico
10 Europe Metalworking Fluids Market Analysis and Forecast (2017 – 2030)
10.1 Introduction
10.2 Europe Metalworking Fluids Market Share Analysis, By Product
10.3 Europe Metalworking Fluids Market Size and Forecast, By Application
10.4 Europe Metalworking Fluids Market Size and Forecast, By End Use
10.5 Europe Metalworking Fluids Market Size and Forecast, By Country
10.5.1 Germany
10.5.2 France
10.5.3 UK
10.54. Rest of Europe
11 Asia Pacific Metalworking Fluids Market Analysis and Forecast (2017 – 2030)
11.1 Introduction
11.2 Asia Pacific Metalworking Fluids Market Share Analysis, By Product
11.3 Asia Pacific Metalworking Fluids Market Size and Forecast, By Application
11.4 Asia Pacific Metalworking Fluids Market Size and Forecast, By End Use
11.5 Asia Pacific Metalworking Fluids Market Size and Forecast, By Country
11.5.1 China
11.5.2 Japan
11.5.3 India
11.5.4. Rest of Asia Pacific
12 Latin America Metalworking Fluids Market Analysis and Forecast (2017 – 2030)
12.1 Introduction
12.2 Latin America Metalworking Fluids Market Share Analysis, By Product
12.3 Latin America Metalworking Fluids Market Size and Forecast, By Application
12.4 Latin America Metalworking Fluids Market Size and Forecast, By End Use
12.5 Latin America Metalworking Fluids Market Size and Forecast, Country
13 Middle East Metalworking Fluids Market Analysis and Forecast (2017 – 2030)
13.1 Introduction
13.2 Middle East Metalworking Fluids Market Share Analysis, By Product
13.3 Middle East Metalworking Fluids Market Size and Forecast, By Application
13.4 Middle East Metalworking Fluids Market Size and Forecast, By End Use
13.5 Middle East Metalworking Fluids Market Size and Forecast, By Country
14 Competitive Analysis
14.1 Competition Dashboard
14.2 Market share Analysis of Top Vendors
14.3 Key Development Strategies
15 Company Profiles
15.1 Lubrizol Corp
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2 Lukoil Oil Co
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3 Sinopec Ltd
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 Idemitsu Kosan Co. Ltd
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 Houghton International Inc
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 Chevron Corp
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 BP PLC
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
15.8 Total S.A
15.8.1 Overview
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
15.9 Fuchs Petolub AG,
15.9.1 Overview
15.9.2 Offerings
15.9.3 Key Financials
15.9.4 Business Segment & Geographic Overview
15.9.5 Key Market Developments
15.9.6 Key Strategies
15.10 Exxonmobil Corp.
15.10.1 Overview
15.10.2 Offerings
15.10.3 Key Financials
15.10.4 Business Segment & Geographic Overview
15.10.5 Key Market Developments
15.10.6 Key Strategies