Metal cutting fluids are an industrial liquid which has higher functions of cooling, lubricating, antirusting and cleaning performance. It is used to cool and lubricate the cutting and the workplace. The use of cutting fluid generally causes economy of tools and it becomes easier to keep tight tolerances and to maintain work piece surface properties without damages.
Metal cutting fluids has higher functions of cooling, lubricating, antirusting and cleaning performance, which is widely used in automobile manufacturing, precision machinery, electrical equipment and metal products. As to the metal cutting fluids downstream application, automobile manufacturing is its largest downstream market, which shares 33.23% of the consumption in 2016. Cutting fluids play important role in making some compound such as engine and clutch in automobile industry. BMW and Audi are one of the leading users of global metal cutting in automobile manufacturing.
Metal cutting fluids is divided into emulsion metal cutting fluids, semi-synthetic metal cutting fluids, synthesis metal cutting fluids and neat oil metal cutting fluids by type. Neat oil metal cutting fluids can be used for application from light machining to heavy-duty operations. And production of neat oil metal cutting fluids share 29.4% in 2016.
At present, the manufactures of metal cutting fluids are concentrated in Europe, North America, Japan, China. China is the largest production area in the world, which occupied about 27.75% in 2016. The follow area is North America. The global production of metal cutting fluids increases from 992.1 K MT in 2012 to 1178.8 K MT in 2017. In the world wide, the top five manufacturers of metal cutting fluids are Houghton (Gulf Oil), BP, Fuchs, Exxon Mobil, Yushiro Chemical. And the production of Houghton (Gulf Oil) occupied about 8.52% in 2016.
The global Metal Cutting Fluids market is valued at 4650 million US$ in 2018 is expected to reach 4840 million US$ by the end of 2025, growing at a CAGR of 0.5% during 2019-2025.
This report focuses on Metal Cutting Fluids volume and value at global level, regional level and company level. From a global perspective, this report represents overall Metal Cutting Fluids market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.
The following manufacturers are covered:
Houghton (Gulf Oil)
BP
Fuchs
Yushiro Chemical
Quaker
Blaser
Idemitsu Kosan
Daido Chemical Industry
COSMO Oil
Master
Exxon Mobil Corporation
Petrofer
JX NIPPON
KYODO YUSHI
Indian Oil
Total
Milacron
The Lubrizol Corporation
Valvoline
Chevron
Mecom Industries
LUKOIL
NIKKO SANGYO
APAR
HPCL
SINOPEC
Talent
GMERI
Nanjing Kerun Lubricants
Runkang
Segment by Regions
North America
Europe
China
Japan
Segment by Type
Emulsion Metal Cutting Fluids
Semi-Synthetic Metal Cutting Fluids
Synthesis Metal Cutting Fluids
Neat Oil Metal Cutting Fluids
Segment by Application
Automobile Manufacturing
Precision Machinery
Electrical Equipment
Metal Products
Automobile Manufacturing
Precision Machinery
Electrical Equipment
Metal Products
Summary:
Get latest Market Research Reports on Metal Cutting Fluids . Industry analysis & Market Report on Metal Cutting Fluids is a syndicated market report, published as Global Metal Cutting Fluids Market Research Report 2019. It is complete Research Study and Industry Analysis of Metal Cutting Fluids market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.