Global Metalworking Fluids Market is expected to reach $11.15 billion by 2022; Finds New Report

Global Metalworking Fluids Market is accounted for $8.52 billion in 2015 and is expected to reach $11.15 billion by 2022 growing at a CAGR of 3.9% during the forecast period. Growth of automobile and heavy machinery industries in emerging economies is one of the key factors driving the market growth. On the other hand, reduction in metal parts by automakers and OEM’s is hindering the market.

Owing to its rising consumption in coolants, cutting oils and grinding fluids, removal fluids is expected to grow at a significant rate. Asia Pacific is the largest market driven by the robust manufacturing base in China and India. Strong government initiatives to support the manufacturing sector in China have led to an enhanced production, which is anticipated to have an optimistic impact on the industry.

Some of the key players in the market include Apar Industries, BP PLC, Chevron Corp., Exxonmobil Corp., Fuchs Petolub AG, Hindustan Petroleum Corporation Limited, Houghton International Inc., Idemitsu Kosan Co. Ltd, Kuwait Petroleum International, Lubrizol Corp., Lukoil Oil Co., Quaker Chemical Corporation, Royal Dutch Shell Plc, Sinopec Ltd and Total S.A.

Material Covered:

• Synthetic
• Bio-based
• Mineral

Application Covered:

Additives

Demulsifiers

Friction modifiers

Antifoam

Corrosion inhibitors

Antioxidants

Detergents

Solid lubrication

Antiwear

Solvents

Product Type Covered:

Protecting Fluids

Treating Fluids

Removal Fluids

Forming Fluids

Regions Covered:

North America

US

Canada

Mexico

Europe

Germany

France

Italy

UK

Spain

Rest of Europe

Asia Pacific

Japan

China

India

Australia

New Zealand

Rest of Asia Pacific

Rest of the World

Middle East

Brazil

Argentina

South Africa

Egypt

What our report offers:

• Market share assessments for the regional and country level segments
• Market share analysis of the top industry players
• Strategic recommendations for the new entrants
• Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Spanning over 122 pages “Metalworking Fluids - Global Market Outlook (2015-2022)” report covers Executive Summary, Preface, Market Trend Analysis, Porters Five Force Analysis, Global Metalworking Fluids Market, By Material, Global Metalworking Fluids Market, By Application, Global Metalworking Fluids Market, By Product Type, Global Metalworking Fluids Market, By Geography, Key Developments, Company Profiling.

For more information Visit at: http://mrr.cm/JMH

Related Reports:

Caprylic Acid - Global Market Outlook (2015-2022); visit at - http://mrr.cm/JMV

Bioceramics - Global Market Outlook (2015-2022); visit at - http://mrr.cm/JMj