Global Metal Working Fluids Sales Market Report 2023
Market Analysis and Insights: Global Metal Working Fluids Market
Due to the COVID-19 pandemic, the global Metal Working Fluids market size was US$ 8,319.8 million in 2022 and is forecast to a readjusted size of US$ 8,456.6 million by 2029 with a CAGR of 1.00% during the forecast period 2023-2029. Fully considering the economic change by this health crisis, Metal Removal Fluids accounting for 49.84% of the Metal Working Fluids global market in 2022, is projected to value US$ 4,273.8 million by 2029, growing at a revised 1.09% CAGR from 2023 to 2029. While Machinery segment is altered to 1.16% CAGR throughout this forecast period.
The United States Metal Working Fluids market size was US$ 1,829.4 million in 2022, while China was US$ 1,785.9 million. The proportion of the United States was 21.99% in 2022, while Chinese percentage was 21.39%, and it is predicted that China share will reach 22.40% in 2029, trailing a CAGR of 1.60% through the analysis period.
The global key manufacturers of Metal Working Fluids include Quaker Houghton, Exxon Mobil, Fuchs, BP Castrol, Henkel, Yushiro Chemical, Idemitsu Kosan, Blaser Swisslube, and TotalEnergies, etc. In 2022, the global top five players occupied for a share approximately 38.46% in terms of revenue.
Global Metal Working Fluids Scope and Market Size
The global Metal Working Fluids market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Metal Working Fluids market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2018-2029.
By Company
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
Segment by Type
Metal Removal Fluids
Metal Treating Fluids
Metal Forming Fluids
Metal Protecting Fluids
Segment by Application
Machinery
Automotive
Others
By Region
United States
Europe
China
Japan
Southeast Asia
India
Other Regions
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