Market Overview:
The global metal cutting and grinding fluids market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for metal cutting and grinding fluids in various applications, such as automobile manufacturing, precision machinery, electrical equipment, and metal products. In terms of type, the emulsion metal cutting & grinding fluids segment is expected to lead the market during the forecast period. This can be attributed to its properties such as low foaming tendency and good cooling effect.
Product Definition:
Metal Cutting and Grinding Fluids are used to keep the metal cool while it is being cut or ground. This is important because if the metal gets too hot, it can start to melt.
Emulsion Metal Cutting & Grinding Fluids:
Metal cutting and grinding fluids are used in metal processing industries for various applications. These fluids act as carriers for the particles that carry away heat during the process of cutting or grinding. The carrier fluid can be a water-based solution, which is commonly used, or an oil-based solution that provides better lubrication to the equipment than water-based solutions.
Semisynthetic Cutting & Grinding Fluids:
Semisynthetic cutting & grinding fluids are a group of water-based cutting solutions that contain additives other than oil. These additives help in increasing the fluid's stability, viscosity and thermal resistance at high temperatures.
The global market for semisynthetic fluids is expected to grow on account of its ability to provide lubrication with fewer contaminants and higher efficiency as compared to mineral oils.
Application Insights:
Automotive manufacturing was the largest application segment in 2017 and is projected to continue its dominance over the forecast period. Automotive manufacturers across the globe are increasingly using metal cutting fluids as they offer superior performance at a lower cost when compared with other abrasives. The precision machinery industry is expected to witness considerable growth over the coming years owing to increasing demand for high-precision tools and equipment used in various industries including aerospace, defense, energy & power, medical & pharmaceuticals, and industrial machinery.
The electrical equipment industry also accounted for a significant market share in 2017 owing to growing demand from major end-use markets including North America and Europe. Metal cutting fluids play an important role in grinding or cutting of electrical components such as circuit boards that comprise of numerous small pieces that need precise sizing so that they fit together perfectly without any gaps or spaces between them.
Regional Analysis:
Asia Pacific dominated the global metal cutting and grinding fluids market in 2016. The region is expected to witness a significant growth owing to increasing demand for metal cutting and grinding equipment, rising number of manufacturing facilities, rapid industrialization, improving economic conditions and government initiatives favoring investments in the manufacturing sector.
The Asia Pacific was followed by North America which accounted for over 20% of the total revenue share in 2016. The U.S., being one of the most developed countries with high standard of living is anticipated to be a promising destination for industry participants over next eight years.
Growth Factors:
- Increasing demand for metal cutting and grinding fluids from the automotive and aerospace industries due to the growth of these sectors.
- Rising demand for high-performance metal cutting and grinding fluids that offer superior performance in terms of machining speed, tool life, surface finish, etc.
- Growing popularity of environmentally friendly metal cutting and grinding fluids that are biodegradable and non-toxic.
- Proliferation of nanotechnology across various industrial sectors is expected to create new opportunities for the metal cutting and grinding fluids market in the coming years.
- Increasing use of robots in manufacturing processes is likely to boost demand for metal cutting and grinding fluids in the near future
Scope Of The Report
Report Attributes
Report Details
Report Title
Metal Cutting and Grinding Fluids Market Research Report
By Type
Emulsion Metal Cutting & Grinding Fluids, Semisynthetic Cutting & Grinding Fluids, Synthetics Cutting & Grinding Fluids, Neat Oil Cutting & Grinding Fluids
By Application
Automobile Manufacturing, Precision Machinery, Electrical Equipment, Metal Products
By Companies
BP, Exol Lubricants, Fuchs, Blaser, Yushiro Chemical, Quaker Chemical, Idemitsu Kosan, Daido Chemical Industry, SYNTOL, COSMO Oil, Master, Petrofer, JXTG Nippon Oil & Energy, Kyodo Yushi, Total, Chevron, HPCL
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
212
Number of Tables & Figures
149
Customization Available
Yes, the report can be customized as per your need.
Global Metal Cutting and Grinding Fluids Market Report Segments:
The global Metal Cutting and Grinding Fluids market is segmented on the basis of:
Types
Emulsion Metal Cutting & Grinding Fluids, Semisynthetic Cutting & Grinding Fluids, Synthetics Cutting & Grinding Fluids, Neat Oil Cutting & Grinding Fluids
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Automobile Manufacturing, Precision Machinery, Electrical Equipment, Metal Products
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- BP
- Exol Lubricants
- Fuchs
- Blaser
- Yushiro Chemical
- Quaker Chemical
- Idemitsu Kosan
- Daido Chemical Industry
- SYNTOL
- COSMO Oil
- Master
- Petrofer
- JXTG Nippon Oil & Energy
- Kyodo Yushi
- Total
- Chevron
- HPCL
Highlights of The Metal Cutting and Grinding Fluids Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Emulsion Metal Cutting & Grinding Fluids
- Semisynthetic Cutting & Grinding Fluids
- Synthetics Cutting & Grinding Fluids
- Neat Oil Cutting & Grinding Fluids
- By Application:
- Automobile Manufacturing
- Precision Machinery
- Electrical Equipment
- Metal Products
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Metal Cutting and Grinding Fluids Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Metal cutting and grinding fluids are used in a variety of industrial applications to remove metal from objects. These fluids are typically composed of a base fluid and one or more additives that help improve the performance of the fluid.
Some of the key players operating in the metal cutting and grinding fluids market are BP, Exol Lubricants, Fuchs, Blaser, Yushiro Chemical, Quaker Chemical, Idemitsu Kosan, Daido Chemical Industry, SYNTOL, COSMO Oil, Master, Petrofer, JXTG Nippon Oil & Energy, Kyodo Yushi, Total, Chevron, HPCL.
The metal cutting and grinding fluids market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Metal Cutting and Grinding Fluids Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Metal Cutting and Grinding Fluids Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Metal Cutting and Grinding Fluids Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Metal Cutting and Grinding Fluids Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Metal Cutting and Grinding Fluids Market Size & Forecast, 2018-2028
4.5.1 Metal Cutting and Grinding Fluids Market Size and Y-o-Y Growth
4.5.2 Metal Cutting and Grinding Fluids Market Absolute $ Opportunity
Chapter 5 Global Metal Cutting and Grinding Fluids Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Metal Cutting and Grinding Fluids Market Size Forecast by Type
5.2.1 Emulsion Metal Cutting & Grinding Fluids
5.2.2 Semisynthetic Cutting & Grinding Fluids
5.2.3 Synthetics Cutting & Grinding Fluids
5.2.4 Neat Oil Cutting & Grinding Fluids
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Metal Cutting and Grinding Fluids Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Metal Cutting and Grinding Fluids Market Size Forecast by Applications
6.2.1 Automobile Manufacturing
6.2.2 Precision Machinery
6.2.3 Electrical Equipment
6.2.4 Metal Products
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Metal Cutting and Grinding Fluids Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Metal Cutting and Grinding Fluids Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Metal Cutting and Grinding Fluids Analysis and Forecast
9.1 Introduction
9.2 North America Metal Cutting and Grinding Fluids Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Metal Cutting and Grinding Fluids Market Size Forecast by Type
9.6.1 Emulsion Metal Cutting & Grinding Fluids
9.6.2 Semisynthetic Cutting & Grinding Fluids
9.6.3 Synthetics Cutting & Grinding Fluids
9.6.4 Neat Oil Cutting & Grinding Fluids
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Metal Cutting and Grinding Fluids Market Size Forecast by Applications
9.10.1 Automobile Manufacturing
9.10.2 Precision Machinery
9.10.3 Electrical Equipment
9.10.4 Metal Products
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Metal Cutting and Grinding Fluids Analysis and Forecast
10.1 Introduction
10.2 Europe Metal Cutting and Grinding Fluids Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Metal Cutting and Grinding Fluids Market Size Forecast by Type
10.6.1 Emulsion Metal Cutting & Grinding Fluids
10.6.2 Semisynthetic Cutting & Grinding Fluids
10.6.3 Synthetics Cutting & Grinding Fluids
10.6.4 Neat Oil Cutting & Grinding Fluids
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Metal Cutting and Grinding Fluids Market Size Forecast by Applications
10.10.1 Automobile Manufacturing
10.10.2 Precision Machinery
10.10.3 Electrical Equipment
10.10.4 Metal Products
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Metal Cutting and Grinding Fluids Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Metal Cutting and Grinding Fluids Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Metal Cutting and Grinding Fluids Market Size Forecast by Type
11.6.1 Emulsion Metal Cutting & Grinding Fluids
11.6.2 Semisynthetic Cutting & Grinding Fluids
11.6.3 Synthetics Cutting & Grinding Fluids
11.6.4 Neat Oil Cutting & Grinding Fluids
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Metal Cutting and Grinding Fluids Market Size Forecast by Applications
11.10.1 Automobile Manufacturing
11.10.2 Precision Machinery
11.10.3 Electrical Equipment
11.10.4 Metal Products
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Metal Cutting and Grinding Fluids Analysis and Forecast
12.1 Introduction
12.2 Latin America Metal Cutting and Grinding Fluids Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Metal Cutting and Grinding Fluids Market Size Forecast by Type
12.6.1 Emulsion Metal Cutting & Grinding Fluids
12.6.2 Semisynthetic Cutting & Grinding Fluids
12.6.3 Synthetics Cutting & Grinding Fluids
12.6.4 Neat Oil Cutting & Grinding Fluids
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Metal Cutting and Grinding Fluids Market Size Forecast by Applications
12.10.1 Automobile Manufacturing
12.10.2 Precision Machinery
12.10.3 Electrical Equipment
12.10.4 Metal Products
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Metal Cutting and Grinding Fluids Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Metal Cutting and Grinding Fluids Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Metal Cutting and Grinding Fluids Market Size Forecast by Type
13.6.1 Emulsion Metal Cutting & Grinding Fluids
13.6.2 Semisynthetic Cutting & Grinding Fluids
13.6.3 Synthetics Cutting & Grinding Fluids
13.6.4 Neat Oil Cutting & Grinding Fluids
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Metal Cutting and Grinding Fluids Market Size Forecast by Applications
13.10.1 Automobile Manufacturing
13.10.2 Precision Machinery
13.10.3 Electrical Equipment
13.10.4 Metal Products
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Metal Cutting and Grinding Fluids Market: Competitive Dashboard
14.2 Global Metal Cutting and Grinding Fluids Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 BP
14.3.2 Exol Lubricants
14.3.3 Fuchs
14.3.4 Blaser
14.3.5 Yushiro Chemical
14.3.6 Quaker Chemical
14.3.7 Idemitsu Kosan
14.3.8 Daido Chemical Industry
14.3.9 SYNTOL
14.3.10 COSMO Oil
14.3.11 Master
14.3.12 Petrofer
14.3.13 JXTG Nippon Oil & Energy
14.3.14 Kyodo Yushi
14.3.15 Total
14.3.16 Chevron
14.3.17 HPCL
