Press release
Metalworking fluids market is anticipated to display close to 4.5% CAGR from 2019 to 2025
The metalworking fluids market is anticipated to display close to 4.5% CAGR from 2019 to 2025. Metalworking fluids refer to a range of oils and liquids used to lubricate and cool metal workpieces. Some other advantages of metalworking fluids include removing chips, fines, and swarfs from metal workpieces. Availability of metal working fluids with varying solubility leads to their further uptake.
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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 straight oils (such as petroleum oils) to water-based fluids, which include soluble oils and semisynthetic/synthetic fluids. MWFs may be complex mixtures of oils, emulsifiers, anti-weld agents, corrosion inhibitors, extreme pressure additives, buffers (alkaline reserve), biocides, and other additives.
The United States average price of metal working fluids is in the decreasing trend, from 3000.1 USD/ MT in 2012 to 3398.2 USD/MT in 2016. With the situation of global economy, prices will be in decreasing trend in the following five years.
The classification of metal working fluids includes metal removal fluids, metal treating fluids, metal forming fluids and metal protecting fluids. The proportion of removal fluids in 2016 is about 50.20%, and the proportion of metal treating fluids in 2019 is about 29.96%.
Metal working fluids are application in automotive, general and other industry. The most proportion of metal working fluids is used in general industry stood at 51.21% in 2016, compare to 34.81% in automotive industry.
This report focuses on the top manufacturers' Metal Working Fluids (Metalworking Fluids) capacity, production, value, price and market share of Metal Working Fluids (Metalworking Fluids) in global market. The following manufacturers are covered in this report:
Houghton
Quaker
BP
Fuchs
Exxonmobil
Metalworking Lubricants
Chevron
Henkel
Milacron
Chemtool
Yushiro
Metal Working Fluids (Metalworking Fluids) Breakdown Data by Type
Metal Removal Fluids
Metal Forming Fluids
Metal Protecting Fluids
Metal Treating Fluids
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Metal Working Fluids (Metalworking Fluids) Breakdown Data by Application
Automotive
General Industry
Other
Metal Working Fluids (Metalworking Fluids) Production Breakdown Data by Region
United States
Europe
China
Japan
Other Regions
Metal Working Fluids (Metalworking Fluids) Consumption Breakdown Data by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
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