Global Grinding Fluids Market Size & Outlook, 2022-2030
Global grinding fluids market, 2018-2030 (US$M)
Related Markets
Global grinding fluids market highlights
- The global grinding fluids market generated a revenue of USD 664.6 million in 2022 and is expected to reach USD 905.6 million by 2030.
- The market is expected to grow at a CAGR (2023 - 2030) of 3.9% by 2030.
- In terms of segment, synthetic accounted for a revenue of USD 233.2 million in 2022.
- Water Soluble is the most lucrative type segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2022.
- Country-wise, China is expected to register the highest CAGR from 2023 to 2030.
Global data book summary
| Market revenue in 2022 | USD 664.6 million |
| Market revenue in 2030 | USD 905.6 million |
| Growth rate | 3.9% (CAGR from 2023 to 2030) |
| Largest segment | Synthetic |
| Fastest growing segment | Water Soluble |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Semi Synthetic, Synthetic, Water Soluble, Other Types |
Other key industry trends
- In terms of revenue, the North America accounted for 27.3% of the global grinding fluids market in 2022.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, China is the fastest growing regional market and is projected to reach USD 184.9 million by 2030.
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Grinding Fluids Market Scope
Grinding Fluids Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Lincoln Chemical | View profile | 11-50 | Elkhart, Indiana, United States, North America | https://www.lincolnchemical.com/ |
| ETNA Products Inc | View profile | 11-50 | Chagrin Falls, Ohio, United States, North America | https://etna.com |
| EnviroServe Chemicals | View profile | 11-50 | Dunn, North Carolina, United States, North America | https://www.enviroservechemicals.com |
| CGF Solutions | View profile | - | Parsons, Kansas, United States, North America | https://cgf.solutions/ |
| Benz Oil | View profile | 251-500 | Milwaukee, Wisconsin, United States, North America | https://www.benz.com/ |
| Carborundum Universal | View profile | 1001-5000 | Chennai, Tamil Nadu, India, Asia | https://www.cumi-murugappa.com/ |
| ExxonMobil | View profile | 10001+ | Irving, Texas, United States, North America | https://corporate.exxonmobil.com |
| Sun Chemical | View profile | 5001-10000 | Parsippany, New Jersey, United States, North America | http://sunchemical.com |
| BP Castrol KK | View profile | 107 | 1-11-2 Osaki Shinagawa-ku, Gate City Osaki, East Tower 20F, Tokyo, Japan, 141-0032 | http://www.bpcastrol.com |
| Fuchs SE ADR (Representing Pref. Shares) | View profile | 6338 | Einsteinstraße 11, Mannheim, Germany, 68169 | https://www.fuchs.com |
| TotalEnergies SE | View profile | 100000 | 2, Place Jean Millier, La Defense 6, Courbevoie, France, 92400 | https://www.totalenergies.com |
Global grinding fluids market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to grinding fluids market will help companies and investors design strategic landscapes.
Synthetic was the largest segment with a revenue share of 35.09% in 2022. Horizon Databook has segmented the Global grinding fluids market based on semi synthetic, synthetic, water soluble, other types covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Grinding Fluids Type Outlook (Revenue, USD Million, 2018-2030)
- Semi Synthetic
- Synthetic
- Water Soluble
- Other Types
- Global Grinding Fluids Application Outlook (Revenue, USD Million, 2018-2030)
- Disk Drivers
- Lubricate Machine Tools
- Metal Substrates
- Silicon Wafer
- Other Applications
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Target buyers of Global grinding fluids market databook
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Our clientele includes a mix of grinding fluids market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global grinding fluids market , including forecasts for subscribers. This global databook contains high-level insights into Global grinding fluids market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global grinding fluids market size, by regions, 2018-2030 (US$M)
Top 10 countries: Grinding fluids market size, 2022 (US$M)
Global grinding fluids market share, by type, 2022 & 2030 (%, US$M)
Grinding fluids market: Opportunity assessment by country
Global grinding fluids market, by region, 2022 (US$M)
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