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Quenching Oil Market Overview 2018 - 2028 | Top Players Euclid Heat Treating Company, CONDAT, OilPure Technologies

12-21-2021 06:00 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Future Market Insights

/ PR Agency: Future Market Insights
Quenching Oil Market Overview 2018 - 2028 | Top Players Euclid

Quenching is a process of rapidly cooling a material from high temperature. A quenching oil’s purpose is to control heat transfer during the metal or steel manufacturing process. The notable properties of quenching oil include non-toxic, non-corrosive, better thermal conductivity, low volatility, better oxidation stability, and elevated flash point, among others. Quenching oil contains numerous additives such as anti-oxidants, rust inhibitors, wetting agents and other accelerators. The performance and life cycle of quenching oil depends upon its thermal stability and the content of additives. Quenching oil can be classified into several categories depending on their functional characteristics, i.e., quenching rate and operating pressure. The petroleum-based quenching oil requires relatively higher speed and operating temperature.

Quenching oil is applied on steel/metallic parts, ferrous alloys, and used in in several other operations. Moreover, quenching oil finds application in the several end-use sectors including automotive and other mining operations.

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Global Quenching Oil market: Regional Outlook

The global quenching oil market is segmented into seven key regions, namely North America, Latin America, Middle East & Africa, Asia-Pacific, Eastern Europe, Western Europe and Japan. The market majorly depends on industrial processing, which is relatively high in developed markets, i.e., North America and Europe. Moreover, China, Japan and India are expected to achieve new significant growth in the Asian market, where China is expected to be the most dominant country in the region over the forecast period. The Gulf Cooperation Council countries in the Middle East are developing a unified regulatory system in many sectors, including mining. This, in turn, is expected to drive the quenching oil market in the Middle East & Africa over the forecast period.

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Global Quenching Oil Market: Key Players

Examples of some of the key players identified across the value chain of the global quenching oil market are:

Euclid Heat Treating Company
CONDAT
OilPure Technologies
Rocky Valley Oil
S. Dodge Oil
Dow Chemical
Paras Lubricants Limited
Tashoil Company Pvt. Ltd.
ThermTech
VAC Aero

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.

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Global Quenching Oil Market: Segmentation
The global quenching oil market can be segmented on the basis of quenching rate, product type and regions.

On the basis of quenching rate, Global Quenching Oil market can be segmented as mentioned below:
• Normal Speed (13 to 20 Second)
• Medium Speed (10- to 12 Second)
• High Speed (7 to 9 Second)

On the basis of product type, Global Quenching Oil market can be segmented as mentioned below:
• High Temperature Quenching oils
• Polymer or water miscible quenching oils
• Water washable quenching oils
• Quenching emulation
• Others

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About Future Market Insights (FMI)

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, and has delivery centers in the UK, U.S. and India. FMI's latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

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