Market Overview:
The global metalworking fluids market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for metalworking fluids in the automotive and general industry applications. Asia Pacific is expected to be the fastest-growing region in terms of revenue during the forecast period.
Product Definition:
Metalworking fluids (MWFs) are used to cool and lubricate metalworking tools and parts. MWFs also remove machining debris and protect the workpiece from corrosion.
Metal Removal Fluids:
Metal removal fluids (MRF) are used in metal cutting applications to remove the metal from the work piece. Metal removal fluids can be classified as aggressive and non-aggressive based on their properties. Aggressive MRFs such as sodium hydroxide, polyacrylamide, and others have a high growth rate which makes them suitable for hard materials like steel while non-aggressive MRFs such as citric acid, lactic acid are used for softer materials like copper.
Metal Forming Fluids:
Metal forming fluids are used in metalworking fluids (Mwf) market for the manufacturing of metal parts and components. Metalforming Fluids are also known as Metal Injection Molds or Molding Fluids. These fluids are generally made up of solvents, plasticizers, lubricants and surfactants along with other additives that help in carrying out operations at high temperatures and pressures.
Application Insights:
The automotive application segment led the global metalworking fluids market in 2017 and is projected to expand at a revenue-based CAGR of XX% over the forecast period. The growth can be attributed to increasing automobile production across the globe, coupled with stringent regulations regarding pollution levels in automobiles.
Automotive manufacturing involves use of various processes including cutting & welding as well as heat treatment for enhancing durability of vehicles. All these processes require different types of metals working fluids that are used according to their characteristics for each process type mentioned above. Automotive applications include body & chassis (light) vehicle structure; engine & power train; and electronics assembly which involve extensive use of metalworking fluids along with other process aids such as lubricants and coolants during manufacturing operations at automotive plants globally.
Regional Analysis:
Asia Pacific was the leading regional market in 2017 and is anticipated to witness significant growth over the forecast period. The region accounts for a major share of global population and GDP, which results in high demand from end-use industries such as construction, automotive, consumer goods manufacturing etc.
The growing industrialization across emerging economies of Asia Pacific has triggered an increase in investments by various multinational companies for expanding their business operations within and outside the region. This scenario is expected to drive product demand over the forecast period.
North America accounted for more than 20% revenue share owing to high consumption levels of metalworking fluids coupled with increasing R&D activities related to metal processing technologies across several sectors including aerospace & defense, automotive & transportation equipment are expected to drive industry growth over the next eight years.
Growth Factors:
- Increasing demand for metalworking fluids from the automotive and aerospace industries due to the growth of these sectors.
- Rising demand for environmentally friendly metalworking fluids that can reduce emissions and waste products.
- Growing popularity of nanotechnology-based metalworking fluids that offer superior performance over traditional fluids.
- Proliferation of automated manufacturing processes that require high-performance metalworking fluids for improved productivity and quality control.
Scope Of The Report
Report Attributes
Report Details
Report Title
Metalworking Fluids Market Research Report
By Type
Metal Removal Fluids, Metal Forming Fluids, Metal Protecting Fluids, Metal Treating Fluids
By Application
Automotive, General Industry, Other
By Companies
Houghton, Quaker, BP, Fuchs, Exxonmobil, Metalworking Lubricants, Chevron, Henkel, Milacron, Chemtool, Yushiro, Master Chemical, Blaser, DowDuPont
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
244
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Metalworking Fluids Market Report Segments:
The global Metalworking Fluids market is segmented on the basis of:
Types
Metal Removal Fluids, Metal Forming Fluids, Metal Protecting Fluids, Metal Treating 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, 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
- Quaker
- BP
- Fuchs
- Exxonmobil
- Metalworking Lubricants
- Chevron
- Henkel
- Milacron
- Chemtool
- Yushiro
- Master Chemical
- Blaser
- DowDuPont
Highlights of The Metalworking 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:
- Metal Removal Fluids
- Metal Forming Fluids
- Metal Protecting Fluids
- Metal Treating Fluids
- By Application:
- Automotive
- 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 Metalworking 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?
Metalworking fluids are used in a variety of industrial processes, including welding, brazing, and soldering. They are composed of various solvents and additives that help the metals to flow together smoothly and resist corrosion.
Some of the key players operating in the metalworking fluids market are Houghton, Quaker, BP, Fuchs, Exxonmobil, Metalworking Lubricants, Chevron, Henkel, Milacron, Chemtool, Yushiro, Master Chemical, Blaser, DowDuPont.
The metalworking fluids market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Metalworking 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. Metalworking Fluids Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Metalworking Fluids Market - Supply Chain
4.5. Global Metalworking Fluids Market Forecast
4.5.1. Metalworking Fluids Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Metalworking Fluids Market Size (000 Units) and Y-o-Y Growth
4.5.3. Metalworking Fluids Market Absolute $ Opportunity
5. Global Metalworking 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. Metalworking Fluids Market Size and Volume Forecast by Type
5.3.1. Metal Removal Fluids
5.3.2. Metal Forming Fluids
5.3.3. Metal Protecting Fluids
5.3.4. Metal Treating Fluids
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Metalworking 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. Metalworking Fluids Market Size and Volume Forecast by Application
6.3.1. Automotive
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 Metalworking 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. Metalworking 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 Metalworking 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. Metalworking 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 Metalworking Fluids Demand Share Forecast, 2019-2026
9. North America Metalworking 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 Metalworking 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 Metalworking Fluids Market Size and Volume Forecast by Application
9.4.1. Automotive
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 Metalworking Fluids Market Size and Volume Forecast by Type
9.7.1. Metal Removal Fluids
9.7.2. Metal Forming Fluids
9.7.3. Metal Protecting Fluids
9.7.4. Metal Treating 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 Metalworking Fluids Demand Share Forecast, 2019-2026
10. Latin America Metalworking 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 Metalworking 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 Metalworking Fluids Market Size and Volume Forecast by Application
10.4.1. Automotive
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 Metalworking Fluids Market Size and Volume Forecast by Type
10.7.1. Metal Removal Fluids
10.7.2. Metal Forming Fluids
10.7.3. Metal Protecting Fluids
10.7.4. Metal Treating 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 Metalworking Fluids Demand Share Forecast, 2019-2026
11. Europe Metalworking 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 Metalworking 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 Metalworking Fluids Market Size and Volume Forecast by Application
11.4.1. Automotive
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 Metalworking Fluids Market Size and Volume Forecast by Type
11.7.1. Metal Removal Fluids
11.7.2. Metal Forming Fluids
11.7.3. Metal Protecting Fluids
11.7.4. Metal Treating Fluids
11.8. Basis Point Share (BPS) Analysis 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 Metalworking Fluids Demand Share, 2019-2026
12. Asia Pacific Metalworking 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 Metalworking 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 Metalworking Fluids Market Size and Volume Forecast by Application
12.4.1. Automotive
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 Metalworking Fluids Market Size and Volume Forecast by Type
12.7.1. Metal Removal Fluids
12.7.2. Metal Forming Fluids
12.7.3. Metal Protecting Fluids
12.7.4. Metal Treating 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 Metalworking Fluids Demand Share, 2019-2026
13. Middle East & Africa Metalworking 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 Metalworking 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 Metalworking Fluids Market Size and Volume Forecast by Application
13.4.1. Automotive
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 Metalworking Fluids Market Size and Volume Forecast by Type
13.7.1. Metal Removal Fluids
13.7.2. Metal Forming Fluids
13.7.3. Metal Protecting Fluids
13.7.4. Metal Treating 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 Metalworking Fluids Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Metalworking Fluids Market: Market Share Analysis
14.2. Metalworking Fluids Distributors and Customers
14.3. Metalworking Fluids Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Houghton
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
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. BP
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Fuchs
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Exxonmobil
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Metalworking Lubricants
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Chevron
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Henkel
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Milacron
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Chemtool
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Yushiro
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Master Chemical
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Blaser
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. DowDuPont
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
