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Global Metalworking Fluids Market Analysis and Forecast Till 2030 | COVID-19 Growth And Change
‘Metalworking Fluids Global Market Report 2021 – COVID-19 Growth And Change’ by The Business Research Company is the most comprehensive report available on this market, with analysis of the market’s historic and forecast growth, drivers and restraints causing this, and highlights of the opportunities that companies in the industry can take on. The market research report helps gain a truly global perspective of the metalworking fluids industry as it covers 60 geographies. Regional and country breakdowns give an analysis of the market in each geography, with information on the size of the market by region and by country.The countries covered in the global metalworking fluids market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.
The regions covered in the global metalworking fluids market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The metalworking fluids market consists of sales of metalworking fluids by entities (organizations, sole traders, and partnerships) that provide metalworking fluids to improve the workpiece's performance by constantly eliminating dust, chips, and swarfs from the tool and the workpiece's surface. Metalworking fluid (MWF) refers to a group of oils and other fluids used to cool and lubricate metal workpieces while they are being machined, crushed, or milled. Metalworking fluids (MWFs) help to avoid burning and smoking by reducing heat and friction between the cutting tool and the workpiece.
The global metalworking fluids market is expected to grow from $9.95 billion in 2020 to $10.71 billion in 2021 at a compound annual growth rate (CAGR) of 7.6%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The metalworking fluids market is expected to reach $13.06 billion in 2025 at a CAGR of 5.1%.
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Global metalworking fluids market segmentation in TBRC’s report is:
1) By Type: Mineral, Synthetic, Bio-Based
2) By Application: Neat Cutting Oils, Water Cutting Oils, Corrosion Preventive Oils, Others
3) By End-Use Industry: Construction, Electrical And Power, Automobile, Metal Fabrication, Transportation Equipment, Others
Major players in the metalworking fluids market are Exxon Mobil Corporation, TotalEnergies, Houghton International Inc., Henkel, Fuchs Petrolub, Quaker Chemical Corporation, Hindustan Petroleum Corporation Limited, Castrol, Lubrizol, Croda International, Royal Dutch Shell, Lukoil Oil Company, Sinopec, Apar Industries Limited, Yushiro Chemical Industry Co. Ltd., Idemitsu Kosan, Cimcool Industrial Products Inc, Blaser Swisslube, Motul, Oelheld, MORESCO Corporation, QualiChem, Master Fluid Solutions, and Hardcastle Petrofer.
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https://www.thebusinessresearchcompany.com/report/agave-nectar-global-market-report
The Table of Contents includes:
1. Executive Summary
2. Metalworking Fluids Market Characteristics
3. Metalworking Fluids Market Trends And Strategies
4. Impact Of Covid-19 On Metalworking Fluids Market
5. Metalworking Fluids Market Size And Growth
.....
27. Metalworking Fluids Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Metalworking Fluids Market
29. Metalworking Fluids Market Future Outlook And Potential Analysis
30. Appendix
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