Metal Working Fluids Market 2016 to grow at a CAGR of 2.40% during the period to 2020

About Metal Working Fluids

Metalworking fluids are oils that are used to cool and lubricate metal work pieces, when they are subject to processes such as machining, grinding, milling etc. Metal working fluids reduce the heat and friction between the cutting tool and the work piece, and help prevent burning and smoking. Metalworking fluids also enhance the quality of the work piece by constantly removing metal chips from the tool used, and from the work piece. There are four categories of metalworking fluids: Removal Fluids, Forming Fluids, Protection Fluids and Treating Fluids.

Global Metal Working Fluids market is expected to witness moderate growth at a CAGR of 2.40%.

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The market is expected to be favorable for technology leaders with health conscious-products and suppliers with the ability to switch to new channels of distribution. It is expected to allow smaller players with diverse product lines to widen their geographic spectrum.

Keeping in view the changes in the Application industry and regulatory developments, innovation is going to be a major factor responsible for market growth. Synthetic metal removal fluids have recently gained a lot of importance and they provide benefits such as excellent visibility during metal working operations and typically low foaming tendency.

Covered in this Report

This report covers the present scenario and the growth prospects of the Global Metal Working Fluids market for the period 2014-2018. To arrive at a ranking of the leading vendors of the market, and to calculate the market size, the report considers the revenue generated through the sales of metal working fluids. It also presents the vendor landscape and a corresponding detailed analysis of the top four vendors in the Global Metal Working Fluids market. The report also provides data on the different segments of the Global Metal Working Fluids market, which are based on the following

• Type
• Application
• Geography

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In addition, the report discusses the major drivers that influence the growth of the market. It also outlines the challenges faced by the vendors and the market at large, as well as the key trends that are emerging in the market.

Key Regions

• Americas
• EMEA
• APAC

Key Vendors

BP
Houghton International
Fuchs Petrolub
ExxonMobil

Other Prominent Vendors

• Sinopec
• Chevron
Total Lubricants USA
• Lukoil
• Lubrizol
• Idemitsu Kosan
• Indian Oil
• Apar
• Gazprom
• Total
• Pertamina
• SK
• Columbia Petro

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“Synthetic and semi-synthetic products have a longer sump life and offer improved performance, which leads to reduced maintenance costs,”.

“The sump life of synthetic fluids is almost twice that of a mineral oil while semi-synthetic fluids last one and a half times longer than mineral oils.”

To define the market conditions in the next 3-4 years, Our analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.

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This release was published on openPR.