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Global Metalworking Fluids Market Outlook 2020: Global Opportunity and Demand Analysis, Market Forecast to 2028

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Global Metalworking Fluids Market Outlook 2020: Global Opportunity and Demand Analysis, Market Forecast to 2028

Global Metalworking Fluids Market Outlook 2020: Global Opportunity and Demand Analysis, Market Forecast to 2028

  • Published Date: 29 Jan 2020
  • Report ID: CMFE 005
  • Pages:172
  • Base Year: 2019
  • Format: PDF
  • Historical Data: 2016-2019

The Metalworking Fluids market is anticipated to grow with a CAGR of 3.2% over the forecast period of 2019-2028. Metalworking fluid (MWF) synonymously refers to a range of oils and other liquids applicable in cooling and lubricating metal workpieces when these metal pieces are machined, milled, ground, etc. Metalworking fluids are useful as they reduce the heat and friction while the workpiece is being engineered and cut on the machines due to which burning and smoking are prevented. Application of metalworking fluids are also known to improve the quality of the workpiece by removing the fines, chips, and swarfs from the surface of the workpiece.

The rising applications of oils and metals and the growing prevalence of the automotive industry are some major factors that may anticipate the market in the future.

Top Driver: Rising Activities Involved in Production and Exploration of Oil and Gas to Drive the Market in the Forecast Period. 

The Metalworking Fluids market is anticipated due to growing production and exploration activities in regions such as the Middle East and Africa. The market is fueled as the demand for oils and gas is increasing across the world ultimately leading the metalworking market towards growth. Furthermore, the growing investments in foreign trade and the steady prevalence of industrialization may anticipate the market growth in the future.

However, due to global lockdown to control the coronavirus outbreak, a slight decline in the global metalworking market is expected in the forecast period. Also, the reduction in metal parts by automakers and increasing adoption of dry machining subjected to minimum quantity lubrication may also prove to be some restraints for the market.

The Mineral Based fluids are Epected to Hold the Largest Market Share

Based on the product, the Metalworking Fluids market is segmented into mineral-based, synthetic based, and bio-based fluids. Mineral-based fluids are expected to hold the highest share in the market mainly due to the cost-effectiveness of this type. The mineral-based fluids are widely adopted into small scale industries due to their low costs.  Furthermore, synthetic fluids are the second most widely used fluids in the metalworking fluids market. These fluids are known to have an excellent surface finishing due to which large scale companies are adopting their use.

Based on end-users, the global Metalworking Fluids market has been segmented as metal fabrication, transport equipment, machinery and others. The machinery counted for th largest share in the market owing to growing use in automotive industry and agicultural equipments.

The Asia Pacific to Occupy the Largest Market Share in the Forecats Period

The Asia Pacific held the highest market share in the industry due to the growing investments in regions such as India and Indonesia is expected to a primary reason for the market growth. Furthermore, these regions are subjected to provide cheaper land and huge labor that may drive the region in the future. North America and Europe regions are growing at a high CAGR in the metalworking fluids market.

Players to Focus on Mergers and Expansions for Growth

The global Metalworking Fluids market is expected to grow with a significant CAGR due to the presence of various companies including Chevron Corporation, Fuchs Petrolub SE, ExxonMobil Corporation Lubrizol Corporation, Lukoil Oil Company,  Total S.A., Idemitsu Kosan Co. Ltd, Houghton International Inc., BP Plc. among others.

 Chevron Corp.:  The company is into product launches which helped it to establish its foothold in the industry. They launched ISOCLEAN brand lubricants in October 2015. These lubricants have known to enhance machine life.

Total S.A: This France based company expanded its foothold in Singapore in July 2015 owing to its growth in the Asia Pacific region and establishing itself in the region. The huge presence of the industrial sector in the region could be factors for the company’s expansion.

Scope of the Report

By Product

  • Mineral
  • Bio-based
  • Synthetic

By End-User

  • Metal fabrication
  • Transport equipment
  • Machinery
  • Others

By Region

  • North America
  • Europe
  • Asia Pacific
  • Rest of the World

Key Reasons to Purchase this Report

  1. It provides a technological development map over time to understand the growth rate of the industry.
  2. The report offers a dynamic method to various factors that drive or restrain the growth of the market.
  3. It renders definite analysis for changing competitive dynamics.
  4. It builds a seven-year estimate based on how the market is predicted to grow.

Table of Content

Chapter 1           Overview And Scope

1.1             Market Vision

1.1.1          Market Definition

1.1.2          Market Scope

1.2             Market Segmentation

Chapter 2           Our Research Practice

2.1             Our Research Methodology

2.2             Data Triangulation

2.3             Data Sources

2.4             Assumptions for the study

2.5             Approach Adopted

Chapter 3           Executive Summary

3.1             Market Snapshot

3.2             Regional Snapshot

3.3             Segment Summary

Chapter 4           Covid-19 Impact Analysis

4.1             Overview

4.2             Prevalence analysis

4.3             Key Factor Impact Analysis

Chapter 5           Global Metalworking Fluids Market Forces

5.1             What’s Driving the Market

5.2             Porter’s Five Forces Analysis

5.2.1          Power of Suppliers

5.2.2          Threats From New Entrants

5.2.3          Power of Buyer

5.2.4          Threat From Substitute Product

5.2.5          Degree of Competition

Chapter 6           Global Metalworking Fluids Market -Industry Snapshots

6.1             Overview

6.1.1          Global Metalworking Fluids Market Value, 2019 – 2028, (US$ Bn)

6.2             Market Overview

6.2.1          Drivers Analysis

6.2.2          Restraint/Challenges analysis

6.2.3          Opportunity Analysis

6.3             Supply Chain/Value Chain Analysis

6.4             Market SWOT Analysis

Chapter 7           Global Metalworking Fluids Market Analysis, by Product

7.1             Overview

7.2             Key Findings for Metalworking Fluids Market- By Product

7.2.1          Metalworking Fluids Market- Mineral

7.2.2          Metalworking Fluids Market- Bio-based

7.2.3          Metalworking Fluids Market- Synthetic

Chapter 8           Global Metalworking Fluids Market Analysis, by End User

8.1             Overview

8.2             Key Findings for Metalworking Fluids Market- By End User

8.2.1          Metalworking Fluids Market- Metal fabrication

8.2.2          Metalworking Fluids Market- Transport equipment

8.2.3          Metalworking Fluids Market- Machinery

8.2.4          Metalworking Fluids Market- Others

Chapter 9           Metalworking Fluids Market Analysis by Region

9.1             Key Findings for Metalworking Fluids Market- By region

9.2             Overview

9.2.1          Global Metalworking Fluids Market Analysis, By Product, 2019 – 2028

9.2.2          Global Metalworking Fluids Market Analysis, By End User, 2019 – 2028

9.3             Metalworking Fluids Market – North America

9.3.1          Overview

9.3.2          U.S.

9.3.3          Canada

9.3.4          Mexico

9.3.5          North America Market, By Product

9.3.6          North America Market, By End User

9.4             Metalworking Fluids Market – Europe

9.4.1          Overview

9.4.2          Germany

9.4.3          United Kingdom

9.4.4          France

9.4.5          Italy

9.4.6          Rest Of Europe

9.4.7          Europe Market, By Product

9.4.8          Europe Market, By End User

9.5             Metalworking Fluids Market – Asia Pacific

9.5.1          Overview

9.5.2          China

9.5.3          Japan

9.5.4          India

9.5.5          Rest of APAC

9.5.6          Asia Pacific Market, By Product

9.5.7          Asia Pacific Market, By End User

9.6             Metalworking Fluids Market – LAMEA

9.6.1          Overview

9.6.2          Middle East & Africa (MEA)

9.6.3          Latin America

9.6.4          Rest Of World

9.6.5          Latin America, Middle East and Africa Market, By Product

9.6.6          Latin America, Middle East and Africa Market, By End User

Chapter 10       Market Competition Analysis

10.1           Market Share/Positioning Analysis

10.1.1       Market Positioning of Key Vendors, 2019

10.1.2       Key Strategies Adopted by the Leading Players

10.1.3       Recent Developments

Chapter 11       Company Profiles- Snapshot

11.1           Chevron Corporation

11.1.1       Business Fundamentals

11.1.2       Financial Snapshots

11.1.3       Product Portfolio

11.1.4       Recent Developments

11.2           Fuchs Petrolub SE

11.3           ExxonMobil Corporation

11.4           Lubrizol Corporation

11.5           Lukoil Oil Company

11.6           Total S.A.

11.7           Idemitsu Kosan Co. Ltd

11.8           Houghton International Inc.

11.9           BP Plc.

*More than 10 Companies are profiled in this Research Report*

*Financials would be provided on a best efforts basis for private companies”

Chapter 12       Appendix




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