Market Overview:
The global metal removal fluids market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for metal removal fluids in the automotive industry and general industry. In terms of type, the removal fluids segment is expected to hold a major share of the global metal removal fluids market during the forecast period. This can be attributed to its growing demand in applications such as automotive manufacturing and machining operations.
Product Definition:
Metal Removal Fluids (MRF) are used to remove metal chips and debris from machined parts, dies, molds and other metalworking surfaces. They are also used to clean the machines that perform the machining. MRFs typically contain a solvent (such as kerosene or mineral spirits) and an emulsifier (such as soap or detergent). The solvents dissolve the oils and greases on the metal surface, while the emulsifiers help keep the oil and water in suspension. This allows them to be flushed away with water instead of being left behind to cause problems like rusting or staining.
Removal Fluids:
By product (Wastes & Solvents, Metal Lubricants), By application (Automotive, Industrial) and Segment Forecasts to 2024 -> The global removal fluids market size was USD 2.64 billion in 2015. Growing demand for metal removal across various industries such as automotive, aerospace & defense is expected to drive the industry growth over the forecast period.
Treating Fluids:
Treating fluids are chemicals used to remove unwanted deposits from various metal surfaces. These liquids are also used in the cleaning of industrial equipment and tools. The treating fluids can be divided into two broad categories, namely organic and inorganic. Inorganic treating fluids include acids, alkalis and caustic soda while the organic type includes alcohols, surfactants & coagulants among others.
Application Insights:
The automotive industry was the largest application segment in 2017 and is expected to witness significant growth over the forecast period. The rising need for replacing old vehicles with modern, fuel-efficient models has resulted in an increased focus on metal removal processes during manufacturing of automobiles. This, in turn, is likely to drive demand for MDRFs over the coming years.
Automotive OEMs are continuously looking for ways to reduce production costs while improving quality and efficiency of their operations without compromising on design or aesthetics of their products. Metal removal fluids play a vital role across various stages of vehicle manufacturing as they help remove metals including aluminum & magnesium from raw materials such as iron & steel and non-ferrous alloys before further processing into automobile parts or components such as engine block, transmission case, body panel set etcetera.
Regional Analysis:
Asia Pacific dominated the global metal removal fluids market in 2017. The region is expected to witness significant growth over the forecast period owing to increasing demand for metal removal from industrial applications such as foundry, machining and drilling. In addition, rising investments in infrastructure development are anticipated to fuel product demand from countries such as China and India which will drive regional growth over the next eight years.
The Asia Pacific was followed by Europe with a share of approximately 25% in 2017 owing to high production volume of automotive components mainly attributed to Germany, Italy and France among other Eastern European countries. North America also held a substantial share due to growing use across several end-use industries including oil & gas industry for well drilling activities is expected drive regional growth over the forecast period.
Growth Factors:
- Increasing demand for metal removal fluids from the automotive and aerospace industries due to the growth of these sectors.
- Rising demand for environmentally friendly metal removal fluids that can reduce waste and emissions.
- Growing use of metal removal fluids in precision machining operations to achieve better surface finishes and tolerances.
- Development of new formulations and products that can meet the specific needs of different applications segments.
- Expansion of global production capacity by key players to meet rising demand for metal removal fluids worldwide
Scope Of The Report
Report Attributes
Report Details
Report Title
Metal Removal Fluids Market Research Report
By Type
Removal Fluids, Treating Fluids, Forming Fluids, Protecting Fluids
By Application
Automotive Industry, General Industry, Other
By Companies
Houghton International, Quaker Chemical, Lubrizol, Precision Fluids, 2V Industries, J&S Chemical, Optimum Oils, Schaeffer
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
240
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Metal Removal Fluids Market Report Segments:
The global Metal Removal Fluids market is segmented on the basis of:
Types
Removal Fluids, Treating Fluids, Forming Fluids, Protecting 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
Automotive Industry, General Industry, Other
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:
- Houghton International
- Quaker Chemical
- Lubrizol
- Precision Fluids
- 2V Industries
- J&S Chemical
- Optimum Oils
- Schaeffer
Highlights of The Metal Removal 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:
- Removal Fluids
- Treating Fluids
- Forming Fluids
- Protecting Fluids
- By Application:
- Automotive Industry
- General Industry
- Other
- 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 Removal 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
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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 Removal Fluids are a type of chemical that is used to remove metals from surfaces. They can be used in a variety of applications, such as industrial cleaning and metalworking.
Some of the major players in the metal removal fluids market are Houghton International, Quaker Chemical, Lubrizol, Precision Fluids, 2V Industries, J&S Chemical, Optimum Oils, Schaeffer.
The metal removal fluids market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Metal Removal Fluids Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Metal Removal Fluids Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Metal Removal Fluids Market - Supply Chain
4.5. Global Metal Removal Fluids Market Forecast
4.5.1. Metal Removal Fluids Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Metal Removal Fluids Market Size (000 Units) and Y-o-Y Growth
4.5.3. Metal Removal Fluids Market Absolute $ Opportunity
5. Global Metal Removal Fluids Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Metal Removal Fluids Market Size and Volume Forecast by Type
5.3.1. Removal Fluids
5.3.2. Treating Fluids
5.3.3. Forming Fluids
5.3.4. Protecting Fluids
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Metal Removal Fluids Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Metal Removal Fluids Market Size and Volume Forecast by Application
6.3.1. Automotive Industry
6.3.2. General Industry
6.3.3. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Metal Removal Fluids Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Metal Removal Fluids Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Metal Removal Fluids Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Metal Removal Fluids Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Metal Removal Fluids Demand Share Forecast, 2019-2026
9. North America Metal Removal Fluids Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Metal Removal Fluids Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Metal Removal Fluids Market Size and Volume Forecast by Application
9.4.1. Automotive Industry
9.4.2. General Industry
9.4.3. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Metal Removal Fluids Market Size and Volume Forecast by Type
9.7.1. Removal Fluids
9.7.2. Treating Fluids
9.7.3. Forming Fluids
9.7.4. Protecting Fluids
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Metal Removal Fluids Demand Share Forecast, 2019-2026
10. Latin America Metal Removal Fluids Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Metal Removal Fluids Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Metal Removal Fluids Market Size and Volume Forecast by Application
10.4.1. Automotive Industry
10.4.2. General Industry
10.4.3. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Metal Removal Fluids Market Size and Volume Forecast by Type
10.7.1. Removal Fluids
10.7.2. Treating Fluids
10.7.3. Forming Fluids
10.7.4. Protecting Fluids
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Metal Removal Fluids Demand Share Forecast, 2019-2026
11. Europe Metal Removal Fluids Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Metal Removal Fluids Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Metal Removal Fluids Market Size and Volume Forecast by Application
11.4.1. Automotive Industry
11.4.2. General Industry
11.4.3. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Metal Removal Fluids Market Size and Volume Forecast by Type
11.7.1. Removal Fluids
11.7.2. Treating Fluids
11.7.3. Forming Fluids
11.7.4. Protecting Fluids
11.8. Basis Point Share (BPS) Analysi by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Metal Removal Fluids Demand Share, 2019-2026
12. Asia Pacific Metal Removal Fluids Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Metal Removal Fluids Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Metal Removal Fluids Market Size and Volume Forecast by Application
12.4.1. Automotive Industry
12.4.2. General Industry
12.4.3. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Metal Removal Fluids Market Size and Volume Forecast by Type
12.7.1. Removal Fluids
12.7.2. Treating Fluids
12.7.3. Forming Fluids
12.7.4. Protecting Fluids
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Metal Removal Fluids Demand Share, 2019-2026
13. Middle East & Africa Metal Removal Fluids Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Metal Removal Fluids Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Metal Removal Fluids Market Size and Volume Forecast by Application
13.4.1. Automotive Industry
13.4.2. General Industry
13.4.3. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Metal Removal Fluids Market Size and Volume Forecast by Type
13.7.1. Removal Fluids
13.7.2. Treating Fluids
13.7.3. Forming Fluids
13.7.4. Protecting Fluids
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Metal Removal Fluids Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Metal Removal Fluids Market: Market Share Analysis
14.2. Metal Removal Fluids Distributors and Customers
14.3. Metal Removal Fluids Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Houghton International
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Quaker Chemical
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Lubrizol
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Precision Fluids
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. 2V Industries
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. J&S Chemical
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Optimum Oils
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Schaeffer
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
