Global Metalworking Fluids Market Forecast 2019-2026 According to: Key players, Revenue Size & Share, Complete Industry Analysis, market size and growth

The Metalworking Fluids report provides a detailed analysis on current and future market trends to identify the investment opportunities. This report also provides market forecast till 2026, using estimated market values as the base numbers. Key market trends across the business segments, regions and countries are also mentioned in the report. Key developments and strategies observed in the market, in depth company profiles of key players and upcoming prominent players are also encompassed in the report. This Metalworking Fluids report features market opportunities and recommendations for new investments.

Global Metalworking Fluids Market is expected to rise from its initial estimated value of USD 10.59 billion in 2018 to an estimated value of USD 15.49 billion by 2026, registering a CAGR of 4.87% in the forecast period of 2019-2026. This rise in market value can be attributed to the increase in demand for the product from the various developing regions globally.

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Market Definition: Global Metalworking Fluids Market

Metalworking fluids are termed as the category of oils and lubricants that are used in various metal fabrication and metal construction processes. These fluids significantly reduce the friction thereby reducing the heat caused by the same when the fabrication processing is underway; they are also used for the removal of any extruding chips from the surface of the metal.

Metalworking fluids market research report also directs the manufacturer about planning of advertising and sales promotion efforts and makes it more effective. This report has been prepared by considering various steps for collecting, recording and analysing market data. Metalworking fluids market report covers strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market. It also delivers list of the leading competitors and provides the insights about strategic industry analysis of the key factors influencing the Chemical and Materials industry. The Metalworking fluids market report is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis.

Market Drivers:

High levels of industrialization and urbanization resulting in growth of automobile, construction & metals market; this factor is expected to drive the market growth
Innovations and advancements in the market resulting in lower-cost production of product without the use of harmful additives; this factor is expected to drive the market growth
Market Restraints:

Concerns for the workers amid growth in awareness regarding the harmful effects of the product is expected to restrain the market growth
Available substitutes in the market are expected to hinder the growth of the market
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Segmentation: Global Metalworking Fluids Market

By Category

Synthetic
Semi-Synthetic
Bio-Based
Straight Oil
Mineral
Emulsified
By Product Type

Removal Fluids
Protection Fluids
Forming Fluids
Treating Fluids
By Application

Neat Cutting Oils
Water Cutting Oils
Corrosion Preventive Oils
Others
By End-Use

Metal Fabrication
Transportation Equipment
Machinery
Others
By End-Use Industry

Construction
Electrical & Power
Agriculture
Automobile
Aerospace
Rail
Key Developments in the Market:

In April 2018, Italmatch Chemicals S.p.A. announced that they had acquired Afton Chemical’s metalworking fluids business operations. This acquisition further strengthens Italmatch’s positions in the market for lubricants and metalworking fluids.
In April 2017, Quaker Chemical Corporation announced that they had agreed to merge their operations with Houghton International Inc. This merger will significantly increase the processing and product capabilities of Quaker associated with fluids for the various end-use industries.
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Competitive Analysis: Global Metalworking Fluids Market

Global metalworking fluids market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of metalworking fluids market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

Key Market Competitors: Global Metalworking Fluids Market

Few of the major competitors currently working in metalworking fluids market are Italmatch Chemicals S.p.A.; Croda International Plc; Chevron Corporation; Quaker Chemical Corporation; Veedol International Limited; oelheld GmbH; FUCHS; Master Fluid Solutions; Hardcastle Petrofer; Illinois Tool Works Inc.; JXTG Holdings, Inc.; Blaser Swisslube; Exxon Mobil Corporation; BP p.l.c.; CIMCOOL Fluid Technology, LLC; Total; Eni; Henkel AG & Co. KGaA; China Petroleum & Chemical Corporation; Apar Industries Ltd.; MORESCO Corporation; Kuwait Petroleum Corporation (KPC); Petroliam Nasional Berhad (PETRONAS); Indian Oil Corporation Ltd; QualiChem, Inc.; Yushiro Chemical Industry Co., Ltd.; Pennine Lubricants; LUKOIL; The Lubrizol Corporation; HPCL; Chem Arrow Corporation; Idemitsu Kosan Co.,Ltd.; Metalworking Lubricants Company and Royal Dutch Shell.

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Key Insights in the report:

Complete and distinct analysis of the market drivers and restraints
Key market players involved in this industry
Detailed analysis of the market segmentation
Competitive analysis of the key players involved

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