Global Metal Working Fluids Supply, Demand and Key Producers, 2023-2029

Global Metal Working Fluids Supply, Demand and Key Producers, 2023-2029

The global Metal Working Fluids market size is expected to reach $ 9150.9 million by 2029, rising at a market growth of 1.0% CAGR during the forecast period (2023-2029).

Global Metal Working Fluids key players include Quaker Houghton, Exxon Mobil, Fuchs, etc., which are mainly located in North America, Europe, China, Japan, India, etc. The top three producers together account for more than 25% of the market share, with the largest producer being Quaker Houghton with 11%. Europe has the largest sales market, with a 27% market share. In terms of product categories, metal removal fluids have the largest market share with 50%, followed by metal forming fluids with 30%. In terms of applications, machinery is the top application area with a 48% market share.

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).

This report studies the global Metal Working Fluids production, demand, key manufacturers, and key regions.

This report is a detailed and comprehensive analysis of the world market for Metal Working Fluids, and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2022 as the base year. This report explores demand trends and competition, as well as details the characteristics of Metal Working Fluids that contribute to its increasing demand across many markets.

Highlights and key features of the study

Global Metal Working Fluids total production and demand, 2018-2029, (K MT)

Global Metal Working Fluids total production value, 2018-2029, (USD Million)

Global Metal Working Fluids production by region & country, production, value, CAGR, 2018-2029, (USD Million) & (K MT)

Global Metal Working Fluids consumption by region & country, CAGR, 2018-2029 & (K MT)

U.S. VS China: Metal Working Fluids domestic production, consumption, key domestic manufacturers and share

Global Metal Working Fluids production by manufacturer, production, price, value and market share 2018-2023, (USD Million) & (K MT)

Global Metal Working Fluids production by Type, production, value, CAGR, 2018-2029, (USD Million) & (K MT)

Global Metal Working Fluids production by Application production, value, CAGR, 2018-2029, (USD Million) & (K MT)

This reports profiles key players in the global Metal Working Fluids market based on the following parameters – company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Quaker Houghton, Exxon Mobil, Fuchs, BP Castrol, Henkel, Yushiro Chemical, Idemitsu Kosan, Blaser Swisslube and TotalEnergies, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Metal Working Fluids market

Detailed Segmentation:

Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (K MT) and average price (USD/MT) by manufacturer, by Type, and by Application. Data is given for the years 2018-2029 by year with 2022 as the base year, 2023 as the estimate year, and 2024-2029 as the forecast year.

Global Metal Working Fluids Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World

Global Metal Working Fluids Market, Segmentation by Type
Metal Removal Fluids
Metal Treating Fluids
Metal Forming Fluids
Metal Protecting Fluids

Global Metal Working Fluids Market, Segmentation by Application
Machinery
Automotive
Others

Companies Profiled:
Quaker Houghton
Exxon Mobil
Fuchs
BP Castrol
Henkel
Yushiro Chemical
Idemitsu Kosan
Blaser Swisslube
TotalEnergies
Petrofer
Master Fluid Solutions
LUKOIL
Chervon
SINOPEC
Cimcool Industrial Products
ENEOS Corporation
Cosmo Oil Lubricants
Indian Oil Corporation
Chemetall
Ashburn Chemical Technologies

Key Questions Answered

1. How big is the global Metal Working Fluids market?

2. What is the demand of the global Metal Working Fluids market?

3. What is the year over year growth of the global Metal Working Fluids market?

4. What is the production and production value of the global Metal Working Fluids market?

5. Who are the key producers in the global Metal Working Fluids market?

6. What are the growth factors driving the market demand?