Metalworking Fluids Market Research Report 2019, Industry Trends, Share, Size, Demand and Future Scope

-
According to IMARC GROUP, the global metalworking fluids market is reached a value of US$ 11 Billion in 2018. Looking forward, IMARC Group expects the market to reach a value of around US$ 13 Billion by 2024, registering a CAGR of around 3% during 2019-2024.

Metalworking fluids (MWFs) refer to a range of oils and lubricating liquids that are used to cool down a metal workpiece during industrial machining and grinding operations. They provide lubrication and aid in reducing heat and excessive friction between the cutting tools and the workpiece. These fluids find extensive application in the transportation and construction industries for removing metal particles, maintaining workpiece quality, reducing tool wear and enhancing productivity.

Metalworking fluids are utilized in the automotive industry for removing metal chips, providing excellent surface finish and extending the service life of tools. Furthermore, owing to increasing environmental concerns, several manufacturers are shifting toward the production of lightweight and fuel-efficient vehicles, which, in turn, is catalyzing the demand for metalworking fluids around the world. Extensive utilization of these fluids in agricultural machinery acts as another major growth-inducing factor. Other factors such as rapid industrialization across the globe, especially in the emerging economies of the Asia Pacific and African regions, the emerging trend of electric vehicles (EVs), along with increasing consumer expenditure toward automobiles, and rising number of construction activities, are anticipated to drive the market in the coming years.

Request for a free sample copy of this report: https://www.imarcgroup.com/metalworking-fluids-market/requestsample

Report Coverage:
  • Historical, Current and Future Market Trends
  • 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
  • Market Breakup by Region:
    • Asia Pacific
    • North America
    • Europe
    • Middle East and Africa
    • Latin America
View Report TOC, Figures and Tables: https://www.imarcgroup.com/metalworking-fluids-market

Competitive Landscape:
The report has also analyzed 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, etc.

Browse Related Report
https://www.imarcgroup.com/canola-oil-market

https://www.imarcgroup.com/palm-oil-processing-plant

 Contact US:
IMARC Group
30 N Gould St, Ste R
Sheridan, WY 82801, USA
Website: https://www.imarcgroup.com/
Email: sales@imarcgroup.com
USA: +1-631-791-1145
Follow us on twitter: @imarcglobal
Linkedin: https://www.linkedin.com/company/imarc-group

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.

Location: Atlanta, GA, USA

Comments

Post a Comment

Popular posts from this blog

Xylitol Market to Reach US$ 1,225 Million by 2025 , Industry Overview, Growth Rate and Forecast

-
As per the latest report by IMARC Group, titled “ Xylitol Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025 ”, the  global  xylitol market   size  reached US$ 875 Million in 2019. Xylitol is a sugar alcohol with a crystalline and granular structure and sweetness, which is comparable to sucrose. Also known as wood sugar, it is derived from xylose that occurs naturally in various fruits and vegetables. On a commercial scale, xylitol can be produced by chemical and biotechnological processes. With the rising health-consciousness, consumers are willing to spend more on natural sweeteners, such as xylitol, as it has around 75% fewer carbohydrates and 40% lesser calories as compared to table sugar. Request for a free sample copy of this report:  https://www.imarcgroup.com/xylitol-market/requestsample Global Xylitol Market Trends: Xylitol finds applications in numerous industries ranging from food and beverage (F&B...
Read more

$ 533.4 Billion Warehousing and Storage Market - Driving Factors, Key Players and Growth Opportunities by 2024

-
Image
According to the latest report by IMARC Group, titled “ Warehousing and Storage Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024 ”, the  global warehousing and storage market size  reached US$ 397.3 Billion in 2018. A warehouse refers to a storage space that is used for stocking finished and semi-finished goods, raw materials, and import and export products. Warehousing and storage services help manufacturers in protecting the goods from pests and insects as well as ensuring a smooth flow of production and distribution activities. At present, the demand for these services is experiencing a rise on account of factors such as the evolving e-commerce sector, the growing popularity of frozen food items and the emerging trend of outsourcing warehousing services. Request for a free sample copy of this report:   https://www.imarcgroup.com/warehousing-and-storage-market/requestsample Global Warehousing and Storage Market Trends: ...
Read more

$1197 Billion Global Advertising Market Size to Expand at a CAGR of 9% during 2019-2023

-
Advertising is a form of mass media communication which helps in endorsing a product, service or idea. It enhances the consumers’ awareness regarding the new product launches and assists them in their purchasing decisions. Some of the traditional mass media communication sources are newspapers, television, radio and magazines, while contemporary advertising means include social media, blogs, websites, text messages, etc. A new research report by IMARC Group, titled  “Global Advertising Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023” , estimates that the market was approximately US$ 734 Billion in 2017. The report further anticipates the market to cross US$ 1197 Billion by 2023, at a projected CAGR of nearly 9% over the forecast period. Request for a free sample copy of this report:   https://www.imarcgroup.com/global-advertising-market/requestsample Market Drivers/Constraints: Over the years, consumers’ expenditure on entertainment as well ...
Read more