Metalworking Fluids Market, by Application (Removal Fluids, Forming Fluids, Protecting Fluids, and Treating Fluids), and by Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa)- Size, Share, Outlook, and Opportunity Analys

Metalworking Fluids Market, by Application (Removal Fluids, Forming Fluids, Protecting Fluids, and Treating Fluids), and by Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa)- Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030

Metalworking fluids are chemical solutions used to improve the performance of the machining tools during manufacturing operations. They have excellent resistance to chemicals and provide lubrication to various metal parts. They are classified into forming fluids, removal fluids, protecting fluids, and treating fluids. Automotive, metal fabrication, machinery, and manufacturing industry are some of the major end user of the metalworking fluids.

Market Dynamics

Partnerships and collaborations among major manufacturers of machinery and tools for strengthening regional as well as global presence is a major trend in the market. For instance, in August 2018, Yushiro Manufacturing America, Inc., a subsidiary of Yushiro Chemical Industry Co., Ltd. and QualiChem, Inc. announced that they have entered into a global strategic partnership. Yushiro is a supplier of metalworking fluids in the Asia Pacific region, and QualiChem is a metalworking fluids business in Salem, North America.

Growing steel & metal fabrication industry is expected to drive the market growth of the metalworking fluids. According to the India Brand Equity Foundation, India was the world’s second-largest steel producer with production standing at 106.5 MT in 2018. Moreover, India’s steel production capacity has expanded to 137.975 million tons in 2019.

Fluctuating price of crude oil due to the geopolitical scenario is expected to hamper the market growth of the metalworking fluids.

Key features of the study:

• This report provides in-depth analysis of global metalworking fluids market, and provides market size (US$ Million) and compound annual growth rate (CAGR %) for the forecast period (2022-2030), considering 2021 as the base year.
• It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market.
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by key players
• It profiles key players in the global metalworking fluids market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
• Key companies covered as a part of this study include Apar Industries Ltd., Castrol Limited, Chevron Phillips Chemical Company LP, Chem Arrow Corporation, Exxon Mobil Corporation, FUCHS, Houghton, Lukoil Lubricants, and The Lubrizol Corporation
• Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future products launches, technology up gradation, market expansion, and marketing tactics
• The global metalworking fluids market report caters to various stakeholders in this industry including investors, suppliers, sodium hypochlorite manufacturers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global metalworking fluids market.

Detailed Segmentation:

• Global Metalworking Fluids Market, By Application:
• Removal Fluids
• Forming Fluids
• Protecting Fluids
• Treating Fluids
• Global Metalworking Fluids Market, By Region:
• North America
• U.S.
• Canada
• Europe
• U.K.
• Germany
• France
• Italy
• Spain
• Russia
• Rest of Europe
• Asia Pacific
• China
• India
• Japan
• ASEAN
• Australia
• South Korea
• Rest of Asia Pacific
• Latin America
• Brazil
• Mexico
• Rest of Latin America
• Middle East & Africa
• Middle East
• Africa
• Company Profiles
• Apar Industries Ltd.*
• Company Overview
• Product Portfolio
• Financial Performance
• Key Strategies
• Recent Developments
• Future Plans
• Castrol Limited
• Chevron Phillips Chemical Company LP
• Chem Arrow Corporation
• Exxon Mobil Corporation
• FUCHS
• Houghton
• Lukoil Lubricants
• The Lubrizol Corporation

“*” marked represents similar segmentation in other categories in the respective section.