Metalworking Fluids Market Size, Demand, High CAGR Value, In-Depth Analysis, Opportunities, Huge Growth And Future Scope 2022-2026 || Henkel, Fuchs Petrolub, Quaker Chemical Corporation

The global metalworking fluids market report by the business research company identifies the growing automotive sector to be a major growth driver for the metalworking fluids market. The automotive industry is made up of a diverse group of businesses and organizations that are involved in the design development, production, marketing, and sale of automobiles. Metalworking fluids, which minimize heat and friction in industrial cutting and grinding operations, are frequently utilized by automobile manufacturers in the manufacturing of car parts and other equipment. For instance, Hyundai Motor Company, a South Korea-based automotive manufacturer announced a 23.8% year-over-year rise in domestic deliveries to 52,005 units in January 2021. Moreover, according to the India Brand Equity Foundation (IBEF), in 2020, roughly 3.49 million units of commercial and passenger vehicle categories were sold in India. Therefore, the growing automotive sector drives the growth of the metalworking fluids market.

The global metalworking fluids market size is expected to grow from $10.68 billion in 2021 to $11.37 billion in 2022 at a compound annual growth rate (CAGR) of 6.5%. The global metalworking fluids market size is expected to grow to $13.52 billion in 2026 at a CAGR of 4.4%.

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The Asia Pacific was the largest region in the metalworking fluids market in 2021. North America was the second-largest market in the global metalworking fluids market. The regions covered in the global metalworking fluids market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

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, and Croda International.

The global metalworking fluids market is segmented -
1) By Type: Mineral, Synthetic, Bio-Based
2) By Application: Neat Cutting Oils, Water Cutting Oils, Corrosion Preventive Oils, Other Applications
3) By End User Industry: Construction, Electrical and Power, Automobile, Metal Fabrication, Transportation Equipment, OtherEnd-Use Industries

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The Metalworking fluids Market Report Contents Include
1. Executive Summary
2. Metalworking Fluids Market Characteristics
3. Metalworking Fluids Market Trends And Strategies
4. Impact Of Covid-19 On Metalworking Fluids
5. Metalworking Fluids Market Size And Growth
....
26. Africa Metalworking Fluids Market
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

This report covers the trends and market dynamics of the metalworking fluids market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.

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