Metalworking fluids (MWFs) are used to reduce heat and friction and to remove metal particles in industrial machining and grinding operations. There are numerous formulations, ranging from Removal fluids (such as petroleum oils) to water-based fluids, which include Treating fluids and semisynthetic/Protecting fluids. MWFs may be complex mixtures of oils, emulsifiers, anti-weld agents, corrosion inhibitors, extreme pressure additives, buffers (alkaline reserve), biocides, and other additives. In use, the fluid complexity is compounded by contamination with substances from the manufacturing process (such as tramp oils, hydraulic fluids, and particulate matter from grinding and machining operations).
Scope of the Report:
In the last several years, global market of metal working fluids developed steadily, with an average growth rate of 2.3%. In 2016, global revenue of Metal Working Fluids is nearly 8301 M USD; the actual sales volume is about 2671 K MT.
The global average price of metal working fluids is in the decreasing trend, from 3250 USD/ MT in 2012 to 3108 USD/MT in 2016. With the situation of global economy, prices will be in decreasing trend in the following five years.
The classification of metal working fluids includes removal fluids, treating fluids, Metal Forming Fluids and protecting fluids. The proportion of removal fluids in 2016 is about 50.20%, and the proportion of metal treating fluids in 2016 is about 29.26%.
Metal working fluids are application in automotive, general and other industry. The most proportion of metal working fluids is used in general industry stood at 51.21% in 2016, compare to 34.81% in automotive industry.
Asia Pacific is the largest consumption place, with a consumption market share nearly 41.04% in 2016. North America is the second largest consumption place with the consumption market share of 26.88%. United States market was USD 2.03 billion in 2016 and is expected to witness significant rise on account of high consumption of the product in the automobile sector in the U.S. Robust manufacturing base of automobile industry coupled with growing demand in Germany, and Russia is expected to augment demand in Europe over the forecast period.
Market competition is intense. With the development of society and the changing of consumer demand, the metal working fluids industry will be more and more popular in the future.
The worldwide market for Metal Working Fluids is expected to grow at a CAGR of roughly 2.3% over the next five years, will reach 3130 million US$ in 2024, from 2730 million US$ in 2019, according to a new GIR (Global Info Research) study.
This report focuses on the Metal Working Fluids in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Market Segment by Manufacturers, this report covers
Houghton
BP
Quaker
FUCHS
Yushiro Chemical
ExxonMobil, Henkel
Chevron
Blaser
PETROFER
Master Chemical
Buhmwoo Chemical
JX MOE
Dow
Francool
Talent
Sinopec
Oemeta
Milacron
Amer
Peisun
Boer technology
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
Metal Removal Fluids
Metal Treating Fluids
Metal Forming Fluids
Metal Protecting Fluids
Market Segment by Applications, can be divided into
Automotive Industry
General Industry
Others
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Metal Working Fluids product scope, market overview, market opportunities, market driving force and market risks.
Chapter 2, to profile the top manufacturers of Metal Working Fluids, with price, sales, revenue and global market share of Metal Working Fluids in 2017 and 2018.
Chapter 3, the Metal Working Fluids competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Metal Working Fluids breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2014 to 2019.
Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2014 to 2019.
Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2014 to 2019.
Chapter 12, Metal Working Fluids market forecast, by regions, type and application, with sales and revenue, from 2019 to 2024.
Chapter 13, 14 and 15, to describe Metal Working Fluids sales channel, distributors, customers, research findings and conclusion, appendix and data source.
Summary:
Get latest Market Research Reports on Metal Working Fluids . Industry analysis & Market Report on Metal Working Fluids is a syndicated market report, published as Global Metal Working Fluids Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024. It is complete Research Study and Industry Analysis of Metal Working Fluids market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.