openPR Logo
Press release

Metalworking Fluids Market Expanding at a CAGR of 4.19% during 2022-2027

07-29-2022 06:41 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: IMARC Group

Metalworking Fluids Market

Metalworking Fluids Market

According to the latest report by IMARC Group, titled "Metalworking Fluids Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027," offers a comprehensive analysis of the industry, which comprises insights on metalworking fluids market. The report also includes competitor and regional analysis, and contemporary advancements in the global market. The global metalworking fluids market reached a value of US$ 10.5 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 13.3 Billion by 2027, exhibiting a CAGR of 4.19% during 2022-2027.

Metalworking fluids (MWFs) refer to a wide range of lubricants and oils which assist in smoothening and cooling down the metal workpieces. The main components are crude oil and base oil, which are heated, extracted, and refined to create different metalworking fluids. These fluids are characterized by a high viscosity-to-temperature ratio, enhanced chemical resistance, and thermostability. During various mechanical processes like grinding, machining, and milling, they prevent excessive heat from being generated. Additionally, they improve the quality of the workpiece and extend tool life.

Get a Free Sample Copy of this Report: https://www.imarcgroup.com/metalworking-fluids-market/requestsample

As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

Global Metalworking Fluids Market Trends:

The market is primarily driven by the escalating product demand in the automotive industry. This can be attributed to the increasing demand for automotive parts with good surface quality, corrosion resistance and higher durability. The rapid utilization of metalworking fluids as customized specialty products in the heavy machinery industry are also providing an impetus to the market. Moreover, a considerable growth rise in the manufacturing of transportation equipment is also creating lucrative growth opportunities for the market. Some of the other factors contributing to the market growth include the increasing uptake of bio-based MWFs due to the rising environmental concern regarding petroleum-based products, rapid industrialization and extensive research and development (R&D) activities.

View Full Report with TOC & List of Figure: https://www.imarcgroup.com/metalworking-fluids-market

Competitive Landscape with Key players:

The report has also analysed the competitive landscape of the market with some of the key players being.
• BP
• Chevron
• Houghton International
• ExxonMobil
• Total S.A.
• Apar
• Hindustan Petroleum Corporation Limited
• Castrol Limited
• Indian Oil Corporation Limited
• Lubrizol
• Gazprom
• Pertamina
• Columbia Petro
• PETRONAS Lubricants International
• Quaker Chemical Corporation

Metalworking Fluids Market Segmentation:

Our report has categorized the market based on region, product type, source, end use, fluid type and industry.

Market Breakup by Product Type:
• Removal Fluids
• Forming Fluids
• Protection Fluids
• Treating Fluids

Market Breakup by Source:
• Mineral
• Synthetic
• Bio-Based

Market Breakup by End Use:
• Transportation Equipment
• Machinery
• Primary Metals
• Fabricated Metal Products
• Metal Cans
• Others

Market Breakup by Fluid Type:
• Neat Cutting Oils
• Water Cutting Oils
• Soluble Cutting Oils
• Semi-synthetic Cutting Oils
• Synthetic Cutting Oils
• Corrosion Preventive Oils
• Others

Market Breakup by Industry:
• Construction
• Electrical and Power
• Agriculture
• Automobile
• Aerospace
• Others

Breakup by Region:
• North America (United States, Canada)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Key highlights of the report:
• Market Performance (2016-2021)
• Market Outlook (2022-2027)
• Porter's Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape

We are updating our reports, If you want latest primary and secondary data (2022-2027) with Cost Module, Business Strategy, Competitive landscape, etc. Click request free sample report, the report will be delivered to you in PDF format via email within 24 to 48 hours after the payment confirmation.

Other Reports of IMARC Group:

Magnet Market: https://www.imarcgroup.com/magnet-market

Jojoba Oil Market: https://www.imarcgroup.com/prefeasibility-report-jojoba-oil-processing-plant

Xylitol Market: https://www.imarcgroup.com/xylitol-market

Zeolite Market: https://www.imarcgroup.com/zeolite-market

Contact US:
IMARC Group
30 N Gould St Ste R
Sheridan, WY 82801 USA - Wyoming
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Metalworking Fluids Market Expanding at a CAGR of 4.19% during 2022-2027 here

News-ID: 2693267 • Views:

More Releases from IMARC Group

Disposable Gloves Manufacturing Plant Setup Cost: Unit Operations, Raw Material and Utility Requirements
Disposable Gloves Manufacturing Plant Setup Cost: Unit Operations, Raw Material …
Disposable gloves are single-use protective coverings designed to prevent contamination and ensure hygiene across industries such as healthcare, food processing, pharmaceuticals, and manufacturing. They are typically made from materials like latex, nitrile, vinyl, or polyethylene, offering varying degrees of durability, flexibility, and chemical resistance. Widely used to minimize the risk of infection and maintain cleanliness, disposable gloves are an essential component of personal protective equipment. Establishing a disposable gloves manufacturing plant
Indian Cold Chain Market Size, Share, Trends, Growth, Industry Outlook and Analysis Report 2025-2033
Indian Cold Chain Market Size, Share, Trends, Growth, Industry Outlook and Analy …
As indicated in the latest market research report published by IMARC Group, titled " Indian Cold Chain Market Report by Segment (Cold Chain Storage, Cold Chain Transportation), Product (Fruits and Vegetables, Meat and Fish, Dairy Products, Healthcare Products), Sector (Private, Cooperative, Public), Organised and Unorganised (Organised, Unorganised), and State 2025-2033," this report provides an in-depth analysis of the industry, featuring insights into the market. It encompasses competitor and regional analyses,
Solar Pump Manufacturing Plant Setup Cost Report 2025: Business Plan, Machinery, and Industry Trends
Solar Pump Manufacturing Plant Setup Cost Report 2025: Business Plan, Machinery, …
Solar pump is a water pumping system powered by solar energy, utilizing photovoltaic panels to convert sunlight into electrical energy for pump operation. It is widely used across industries due to its energy efficiency, environmental friendliness, and low operational costs. Common applications include agricultural irrigation, water supply systems, livestock watering, residential water pumping, industrial water management, and remote area water access. Its sustainable and cost-effective properties make it essential in
Textile Recycling Market Gains Momentum Amid Rising Sustainability and Circular Economy Initiatives
Textile Recycling Market Gains Momentum Amid Rising Sustainability and Circular …
Textile Recycling Market Overview The global textile recycling market is on a consistent growth path, driven by rising environmental concerns and the growing focus on sustainable waste management practices. According to IMARC Group, the market attained a valuation of USD 5.40 billion in 2024 and is projected to reach USD 6.71 billion by 2033, reflecting a CAGR of 2.39% during 2025-2033. This expansion is attributed to innovations in recycling technologies such

All 5 Releases


More Releases for Fluid

Hydraulic Fluid Connector Market, Powering Performance Across Fluid Systems and …
Market Overview The Hydraulic Fluid Connector Market is integral to industries reliant on fluid power systems-including agriculture, construction, mining, oil & gas, aerospace, and industrial machinery. These connectors ensure secure, leak-free transmission of hydraulic fluid under extreme pressures and demand high durability to prevent system failures. This growth is underpinned by increased automation, rigorous safety regulations, and the rising adoption of precision fluid conveyance in heavy machinery and mobile hydraulics. Get
Volatile Silicone Fluid Market
The "Volatile Silicone Fluid Market" is expected to reach USD xx.x billion by 2031, indicating a compound annual growth rate (CAGR) of xx.x percent from 2024 to 2031.  The market was valued at USD xx.x billion In 2023. Growing Demand and Growth Potential in the Global Volatile Silicone Fluid Market, 2024-2031 Verified Market Research's most recent report, "Volatile Silicone Fluid Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2030," provides
Fluid Power Equipment Market Is Booming Worldwide | Kent Fluid Power, Eaton, Flu …
Advance Market Analytics added research publication document on Worldwide Fluid Power Equipment Market breaking major business segments and highlighting wider level geographies to get deep dive analysis on market data. The study is a perfect balance bridging both qualitative and quantitative information of Worldwide Fluid Power Equipment market. The study provides valuable market size data for historical (Volume** & Value) from 2019 to 2023 which is estimated and forecasted till
Fluid Mechanics Analysis Software Market Comprehensive Solutions for Fluid Flow …
Global Fluid Mechanics Analysis Software Market Overview: The Fluid Mechanics Analysis Software market is a broad category that includes a wide range of products and services related to various industries. This market comprises companies that operate in areas such as consumer goods, technology, healthcare, and finance, among others. In recent years, the Fluid Mechanics Analysis Software market has experienced significant growth, driven by factors such as increasing consumer demand, technological advancements, and
Fluid Delivery Innovation: Exploring the Growing Medical Fluid Bag Market
The medical fluid bag market refers to the industry that produces and sells bags that are used to hold and transport fluids in medical settings, such as hospitals and clinics. These bags are typically made from materials that are safe for use with medical fluids and are designed to prevent leaks or contamination. They may be used for a variety of purposes, such as delivering medications or intravenous fluids, collecting
Fluid Sensors Market : Trends along with the current and future fluid sensors ma …
Fluid Sensors Market by Type (Flow Sensor, Level Sensor), by Technology (Non-contact Sensor, Contact Sensor), by End-user (Automotive, Water and Wastewater, Oil and Gas, Chemical, Food and Beverage, Power and Utilities, Others): Global Opportunity Analysis and Industry Forecast, 2021-2030. The global fluid sensors market was valued at $13.2 billion in 2021, and is projected to reach $25.4 billion by 2030, growing at a CAGR of 7.45% from 2022 to 2030. The fluid