Metalworking fluids include a range of oils and other liquids that are used for lubricating or cooling metallic workpieces during industrial procedures such as machining, grinding, forging, stamping, and milling. These fluids reduce friction between the machining or cutting tools and the workpiece, thereby prevent smoking, burning, and damage to the workpiece and equipment.
Technavio’s analysts forecast the global metalworking fluid market to grow at a CAGR of 4.06% during the period 2016-2020.
Covered in this report The report covers the present scenario and the growth prospects of the global metalworking fluid market for 2016-2020. To calculate the market size, the report considers the sales of metal working fluids in its various applications including transportation equipment, machinery, primary metals, fabricated metal products, and metal cans considering 2015 as the base year.
The market is divided into the following segments based on geography: - APAC - Europe - North America - ROW
Technavio's report, Global Metalworking Fluid Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the Key vendors operating in this market.
Other prominent vendors - Apar - Columbia Petro - Gazprom - Idemitsu Kosan - Lukoil - Pertamina - Sinopec
Market driver - Advances and product innovations in end-user industries - For a full, detailed list, view our report
Market challenge - Introduction of alternatives to metals - For a full, detailed list, view our report
Market trend - Emergence of India and China as global manufacturing hubs - For a full, detailed list, view our report
Key questions answered in this report - What will the market size be in 2020 and what will the growth rate be? - What are the key market trends? - What is driving this market? - What are the challenges to market growth? - Who are the key vendors in this market space? - What are the market opportunities and threats faced by the key vendors? - What are the strengths and weaknesses of the key vendors?
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120 pages •
By Infiniti Research Limited
• Jun 2021
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