Global Metal Cutting Fluids Market Growth 2023-2029

Global Metal Cutting Fluids Market Growth 2023-2029

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.

LPI (LP Information)' newest research report, the “Metal Cutting Fluids Industry Forecast” looks at past sales and reviews total world Metal Cutting Fluids sales in 2022, providing a comprehensive analysis by region and market sector of projected Metal Cutting Fluids sales for 2023 through 2029. With Metal Cutting Fluids sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Metal Cutting Fluids industry.

This Insight Report provides a comprehensive analysis of the global Metal Cutting Fluids landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Metal Cutting Fluids portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Metal Cutting Fluids market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Metal Cutting Fluids and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Metal Cutting Fluids.

The global Metal Cutting Fluids market size is projected to grow from US$ 3214 million in 2022 to US$ 3977.4 million in 2029; it is expected to grow at a CAGR of 3977.4 from 2023 to 2029.

Asia Pacific is the largest market, with a share about 47% , followed by Europe and North America, together with a share about 50%.

The key players are 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 etc. Top 10 companies occupied about 42% market share.

This report presents a comprehensive overview, market shares, and growth opportunities of Metal Cutting Fluids market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

Emulsion Metal Cutting Fluids

Semi-Synthetic Metal Cutting Fluids

Synthesis Metal Cutting Fluids

Neat Oil Metal Cutting Fluids

Segmentation by application

Machinery

Automobile

3C

Others

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

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

ENEOS Corporation

Key Questions Addressed in this Report

What is the 10-year outlook for the global Metal Cutting Fluids market?

What factors are driving Metal Cutting Fluids market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Metal Cutting Fluids market opportunities vary by end market size?

How does Metal Cutting Fluids break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.