Cutting oils is a type of lubricant used as a metalworking fluid in several industrial applications. Metalworking fluids are specifically designed for increasing the durability of cutting tools and to prevent wear & tear. The primary application of cutting fluids is to regulate the temperature by cooling. The cutting oil is applied during the machining operations as it removes heat by carrying it away from the workpiece interface. Cutting oils also act as a lubricant and lubricate the workpiece interface. Removal of particulates and chips/metal fines, etc. is also one of the applications performed by cutting oils. Cutting oils are essential in the machining process as excess heat produced during the machining process makes the machine quite prone to wear and tear. Thus, cutting oils play a major role in many of the industrial applications. The composition of cutting oils varies widely depending upon the type of machining process they are used in. They are generally made from natural/synthetic base oils and depending upon the machining application they are put in, certain additives are added to customize their properties. Thus, cutting oils are designed to increase the productivity of machines and the metal working process. Cutting oils find applications in several industrial applications, including the automobile industry. Demand from these industries is anticipated to boost the demand for cutting oils over the forecast period.
Cutting oils find applications in several industrial applications where they play a critical role in increasing productivity and reducing wear & tear, thereby increasing the life of equipment and related parts. Several types of cutting oils are available in the market for a vast range of applications. Therefore, increasing demand for cutting oils owing to several applications in machining industries is anticipated to augment the growth of cutting oils over the forecast period. Furthermore, advancements in the development of equipment across various industry verticals and growing severe metal working process will also led to rise in demand for cutting oils. Nowadays, equipment manufacturers are more focused on increasing productivity alongside reducing cost, which will promote the use of high quality cutting oils. That apart, increasing industrialization across developing countries, rebound growth in the automobile industry and upgradation to new technologies in sectors, such as metals, manufacturing process, energy etc. will also boost the demand for cutting oils over the forecast period.
In 2019, the market size of Cutting Oils is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Cutting Oils.
This report studies the global market size of Cutting Oils, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Cutting Oils production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
Exxon Mobil
Pro Oil
Houghton International
Total
Chevron
Indian Oil
Quaker Chemical
Fuchs
Eni
Blaser Swisslube
Market Segment by Product Type
Water Soluble Cutting Oils
Neat Cutting Oils
Market Segment by Application
Construction
Heavy Metal Fabrication
Shipbuilding & Offshore
Automotive
Others
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
To analyze and research the Cutting Oils status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Cutting Oils manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
In this study, the years considered to estimate the market size of Cutting Oils are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
Summary:
Get latest Market Research Reports on CuttingOils. Industry analysis & Market Report on CuttingOils is a syndicated market report, published as Global (United States, European Union and China) Cutting Oils Market Research Report 2019-2025. It is complete Research Study and Industry Analysis of CuttingOils market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.