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Metalworking Fluids Market to Witness Growth Acceleration by 2031/ BP International Ltd., Chevron Corp., Exxon Mobil

03-14-2024 06:42 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

Metalworking Fluids Market to Witness Growth Acceleration

The global metalworking fluids market is anticipated to grow at a considerable CAGR of 4.0% during the forecast period. China, India, and Brazil are expected to see massive investments in various sectors such as transportation, energy, construction, manufacturing and infrastructure. These sectors, in turn, will drive the demand for construction equipment parts, compressors, engines, and generators, that will further create the scope for lubricants that will improve operational efficiency even further. For instance, according to Department for Promotion of Industry and Internal Trade (DPIIT), cumulative FDI inflows in the manufacturing subsectors amounted to $100.35 billion between April 2000 and June 2021. The FDI aids manufacturing sector growth along with adoption of automated machines and equipment.

The heavy machines used in transportation and other infrastructure sector have a high requirement for synthetic and semi-synthetic-based fluids that provide improved machining efficiency, resistance to corrosion, and tool life. Over the projected period, growth in the heavy machinery sector is expected to increase the penetration of semi-synthetic and synthetic-based metalworking fluids. Metalworking fluids are used in large quantities during the fabrication of construction equipment and related components because of their ability to improve tool strength, provide a fine surface finish to work pieces, increase work piece overall effectiveness, and provide elevated fabrication.

To Request a Sample of our Report on Metalworking Fluids Market: https://www.omrglobal.com/request-sample/metalworking-fluids-market

Market Coverage

• The market number available for - 2023-2031

• Base year- 2023

• Forecast period- 2024-2031

Segment Covered-

· By Type

· By Application

Regions Covered-

· North America

· Europe

· Asia-Pacific

· Rest of the World

• Competitive Landscape- BP International Ltd., Chevron Corp., Exxon Mobil, FUCHS PETROLUB SE, Houghton International Electrical Services Ltd, Blaser Swisslube AG, PETRONAS Lubricants International, Total Energies SE, KLUBER LUBRICATION INDIA Pvt. Ltd., and others.

Metalworking Fluids Market Report by Segment

By Type

• Water-Soluble Oils

• Semi-Synthetic Fluids

• Synthetic Fluids

By Application

• Transport equipment

• Machinery

• Metal Fabrication

• Others (Drilling, Grinding)

A full Report of Metalworking Fluids Market is Available @ https://www.omrglobal.com/industry-reports/metalworking-fluids-market

Metalworking Fluids Market Report by Region

North America

· United States

· Canada

Europe

· UK

· Germany

· Spain

· France

· Italy

· Rest of Europe

Asia-Pacific

· India

· China

· Japan

· South Korea

· Rest of APAC

Rest of the World

• Latin America

• Middle East and Africa

Company Profiles

· ANGUS Chemical Co.

· Blaser Swisslube AG

· HPCL

· Idemitsu Kosan Co. Ltd.

· Kemipex

· KLUBER LUBRICATION INDIA Pvt. Ltd.

· Kuwait Petroleum Corp.

· Lubrizol Corp.

· Milacron India Pvt. Ltd.

· MOTUL S.A.

· MORESCO

· PETRONAS Lubricants International

· Quaker Chemical Corp. d/b/a Quaker Houghton

· Total Energies SE

· Valvoline

Reasons to buy from us -

1. We cover more than 15 major industries, further segmented into more than 90 sectors.

2. More than 120 countries are for analysis.

3. Over 100+ paid data sources mined for investigation.

4. Our expert research analysts answer all your questions before and after purchasing your report.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/metalworking-fluids-market

Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

Email: info@omrglobal.com

Contact no: +91 7803040404

About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

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