Global Metalworking Fluid Additives Market- Industry Trends and Forecast to 2030

Global Metalworking Fluid Additives Market- Industry Trends and Forecast to 2030

Global Metalworking Fluid Additives Market is expected to reach USD 66,31,484.54 million by 2030 from USD 47,51,491.80 million in 2022, growing at a CAGR of 4.30% during the forecast period of 2023 to 2030.

Market Segmentation
Global Metalworking Fluid Additives Market, By Additive Type (Surfactant Additives and Emulsifiers, Corrosion Inhibitors, Extreme Pressure Additives, Stabilizers, Antifoamers, Alkanolamines, Antimist Agents, Colorants/Dyes, and Others), Application (Soluble Oils, Straight Oils, Semisynthetic Fluids, and Synthetic Fluids), Metalworking Activity (Milling, Drilling, Grinding, Honing, Tapping, and Others), End Use (Automotive, Aerospace, Machinery and Equipment Manufacturing, Power and Energy, Marine, and Others), Country (U.S., Canada, Mexico, Germany, France, Spain, U.K., Italy, Russia, Belgium, Netherlands, Turkey, Sweden, Switzerland, Denmark, Norway, Finland, Rest of Europe, China, India, Japan, South Korea, Singapore, Australia, Taiwan, Thailand, Indonesia, Malaysia, Hong Kong, New Zealand, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, Saudi Arabia, Egypt, South Africa, Qatar, United Arab Emirates, Israel, Oman, Kuwait, Bahrain, and Rest of Middle East and Africa) - Industry Trends and Forecast To 2030

Some of the major factors contributing to the growth of the global metalworking fluid additives market:

Drivers
• Rising additive demand in cnc machining
• Rising quality standards and automation in industries
Restraints
• Industries shifting to traditional dry machining
• New product innovations for metalworking fluid additives
Opportunitites
• Shift toward eco-friendly additives
• New product innovations for metalworking fluid additives
Market Players

Some of the key players operating in the global metalworking fluid additives market are:
• The Lubrizol Corporation
• Dow
• Evonik Industries AG
• FUCHS
• Solvay
• LANXESS
• BP p.l.c.
• CLARIANT
• Ingevity
• Ashland
• Italmatch Chemicals S.p.A.
• Kao Corporation
• Umicore
• Colonial Chemical
• Biosynthetic Technologies
• DOVER CHEMICAL CORPORATION
• Emery Oleochemicals
• Pilot Chemical Corp.
• R.T. Vanderbilt Holding Company, Inc.
• ZSCHIMMER & SCHWARZ, INC.

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