Market Segmentation
- Metalworking Fluids Product Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)
- Mineral
- Synthetic
- Bio-based
- Metalworking Fluids Application Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)
- Neat cutting oils
- Water cutting oils
- Corrosion preventive oils
- Others
- Metalworking Fluids End-use Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)
- Metal Fabrication
- Transportation Equipment
- Machinery
- Others
- Metalworking Fluids Industrial End-use Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)
- Construction
- Electric & Power
- Agriculture
- Automobile
- Aerospace
- Rail
- Marine
- Telecommunication
- Healthcare
- Metalworking Fluids Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)
- North America
- North America Metalworking Fluids Market, By Product
- Mineral
- Synthetic
- Bio-based
- North America Metalworking Fluids Market, By Application
- Neat cutting oils
- Water cutting oils
- Corrosion preventive oils
- Others
- North America Metalworking Fluids Market, By End-use
- Metal Fabrication
- Transportation Equipment
- Machinery
- Others
- North America Working Fluids Market, By Industrial End-use
- Construction
- Electric & Power
- Agriculture
- Automobile
- Aerospace
- Rail
- Marine
- Telecommunication
- Healthcare
- U.S.
- U.S. Metalworking Fluids Market, By Product
- Mineral
- Synthetic
- Bio-based
- U.S. Metalworking Fluids Market, By Application
- Neat cutting oils
- Water cutting oils
- Corrosion preventive oils
- Others
- U.S. Metalworking Fluids Market, By End-use
- Metal Fabrication
- Transportation Equipment
- Machinery
- Others
- U.S. Metalworking Fluids Market, By Industrial End-use
- Construction
- Electric & Power
- Agriculture
- Automobile
- Aerospace
- Rail
- Marine
- Telecommunication
- Healthcare
- Canada
- Canada. Metalworking Fluids Market, By Product
- Mineral
- Synthetic
- Bio-based
- Canada Metalworking Fluids Market, By Application
- Neat cutting oils
- Water cutting oils
- Corrosion preventive oils
- Others
- Canada Metalworking Fluids Market, By End-use
- Metal Fabrication
- Transportation Equipment
- Machinery
- Others
- Canada Metalworking Fluids Market, By Industrial End-use
- Construction
- Electric & Power
- Agriculture
- Automobile
- Aerospace
- Rail
- Marine
- Telecommunication
- Healthcare
- Mexico
- Mexico Metalworking Fluids Market, By Product
- Mineral
- Synthetic
- Bio-based
- Mexico Metalworking Fluids Market, By Application
- Neat cutting oils
- Water cutting oils
- Corrosion preventive oils
- Others
- Mexico Metalworking Fluids Market, By End-use
- Metal Fabrication
- Transportation Equipment
- Machinery
- Others
- Mexico Metalworking Fluids Market, By Industrial End-use
- Construction
- Electric & Power
- Agriculture
- Automobile
- Aerospace
- Rail
- Marine
- Telecommunication
- Healthcare
- Europe
- Europe Metalworking Fluids Market, By Product
- Mineral
- Synthetic
- Bio-based
- Europe Metalworking Fluids Market, By Application
- Neat cutting oils
- Water cutting oils
- Corrosion preventive oils
- Others
- Europe Metalworking Fluids Market, By End-use
- Metal Fabrication
- Transportation Equipment
- Machinery
- Others
- Europe Metalworking Fluids Market, By Industrial End-use
- Construction
- Electric & Power
- Agriculture
- Automobile
- Aerospace
- Rail
- Marine
- Telecommunication
- Healthcare
- Germany
- Germany Metalworking Fluids Market, By Product
- Mineral
- Synthetic
- Bio-based
- Germany Metalworking Fluids Market, By Application
- Neat cutting oils
- Water cutting oils
- Corrosion preventive oils
- Others
- Germany Metalworking Fluids Market, By End-use
- Metal Fabrication
- Transportation Equipment
- Machinery
- Others
- Germany Metalworking Fluids Market, By Industrial End-use
- Construction
- Electric & Power
- Agriculture
- Automobile
- Aerospace
- Rail
- Marine
- Telecommunication
- Healthcare
- France
- France Metalworking Fluids Market, By Product
- Mineral
- Synthetic
- Bio-based
- Francey Metalworking Fluids Market, By Application
- Neat cutting oils
- Water cutting oils
- Corrosion preventive oils
- Others
- France Metalworking Fluids Market, By End-use
- Metal Fabrication
- Transportation Equipment
- Machinery
- Others
- France Metalworking Fluids Market, By Industrial End-use
- Construction
- Electric & Power
- Agriculture
- Automobile
- Aerospace
- Rail
- Marine
- Telecommunication
- Healthcare
- U.K.
- France Metalworking Fluids Market, By Product
- Mineral
- Synthetic
- Bio-based
- Francey Metalworking Fluids Market, By Application
- Neat cutting oils
- Water cutting oils
- Corrosion preventive oils
- Others
- France Metalworking Fluids Market, By End-use
- Metal Fabrication
- Transportation Equipment
- Machinery
- Others
- France Metalworking Fluids Market, By Industrial End-use
- Construction
- Electric & Power
- Agriculture
- Automobile
- Aerospace
- Rail
- Marine
- Telecommunication
- Healthcare
- Russia
- France Metalworking Fluids Market, By Product
- Mineral
- Synthetic
- Bio-based
- Francey Metalworking Fluids Market, By Application
- Neat cutting oils
- Water cutting oils
- Corrosion preventive oils
- Others
- France Metalworking Fluids Market, By End-use
- Metal Fabrication
- Transportation Equipment
- Machinery
- Others
- France Metalworking Fluids Market, By Industrial End-use
- Construction
- Electric & Power
- Agriculture
- Automobile
- Aerospace
- Rail
- Marine
- Telecommunication
- Healthcare
- Italy
- France Metalworking Fluids Market, By Product
- Mineral
- Synthetic
- Bio-based
- Francey Metalworking Fluids Market, By Application
- Neat cutting oils
- Water cutting oils
- Corrosion preventive oils
- Others
- France Metalworking Fluids Market, By End-use
- Metal Fabrication
- Transportation Equipment
- Machinery
- Others
- France Metalworking Fluids Market, By Industrial End-use
- Construction
- Electric & Power
- Agriculture
- Automobile
- Aerospace
- Rail
- Marine
- Telecommunication
- Healthcare
- Spain
- France Metalworking Fluids Market, By Product
- Mineral
- Synthetic
- Bio-based
- Francey Metalworking Fluids Market, By Application
- Neat cutting oils
- Water cutting oils
- Corrosion preventive oils
- Others
- France Metalworking Fluids Market, By End-use
- Metal Fabrication
- Transportation Equipment
- Machinery
- Others
- France Metalworking Fluids Market, By Industrial End-use
- Construction
- Electric & Power
- Agriculture
- Automobile
- Aerospace
- Rail
- Marine
- Telecommunication
- Healthcare
- Turkey
- France Metalworking Fluids Market, By Product
- Mineral
- Synthetic
- Bio-based
- Francey Metalworking Fluids Market, By Application
- Neat cutting oils
- Water cutting oils
- Corrosion preventive oils
- Others
- France Metalworking Fluids Market, By End-use
- Metal Fabrication
- Transportation Equipment
- Machinery
- Others
- France Metalworking Fluids Market, By Industrial End-use
- Construction
- Electric & Power
- Agriculture
- Automobile
- Aerospace
- Rail
- Marine
- Telecommunication
- Healthcare
- Switzerland
- France Metalworking Fluids Market, By Product
- Mineral
- Synthetic
- Bio-based
- Francey Metalworking Fluids Market, By Application
- Neat cutting oils
- Water cutting oils
- Corrosion preventive oils
- Others
- France Metalworking Fluids Market, By End-use
- Metal Fabrication
- Transportation Equipment
- Machinery
- Others
- France Metalworking Fluids Market, By Industrial End-use
- Construction
- Electric & Power
- Agriculture
- Automobile
- Aerospace
- Rail
- Marine
- Telecommunication
- Healthcare
- Denmark
- France Metalworking Fluids Market, By Product
- Mineral
- Synthetic
- Bio-based
- Francey Metalworking Fluids Market, By Application
- Neat cutting oils
- Water cutting oils
- Corrosion preventive oils
- Others
- France Metalworking Fluids Market, By End-use
- Metal Fabrication
- Transportation Equipment
- Machinery
- Others
- France Metalworking Fluids Market, By Industrial End-use
- Construction
- Electric & Power
- Agriculture
- Automobile
- Aerospace
- Rail
- Marine
- Telecommunication
- Healthcare
- Norway
- France Metalworking Fluids Market, By Product
- Mineral
- Synthetic
- Bio-based
- Francey Metalworking Fluids Market, By Application
- Neat cutting oils
- Water cutting oils
- Corrosion preventive oils
- Others
- France Metalworking Fluids Market, By End-use
- Metal Fabrication
- Transportation Equipment
- Machinery
- Others
- France Metalworking Fluids Market, By Industrial End-use
- Construction
- Electric & Power
- Agriculture
- Automobile
- Aerospace
- Rail
- Marine
- Telecommunication
- Healthcare
- Belgium
- France Metalworking Fluids Market, By Product
- Mineral
- Synthetic
- Bio-based
- Francey Metalworking Fluids Market, By Application
- Neat cutting oils
- Water cutting oils
- Corrosion preventive oils
- Others
- France Metalworking Fluids Market, By End-use
- Metal Fabrication
- Transportation Equipment
- Machinery
- Others
- France Metalworking Fluids Market, By Industrial End-use
- Construction
- Electric & Power
- Agriculture
- Automobile
- Aerospace
- Rail
- Marine
- Telecommunication
- Healthcare
- Poland
- France Metalworking Fluids Market, By Product
- Mineral
- Synthetic
- Bio-based
- Francey Metalworking Fluids Market, By Application
- Neat cutting oils
- Water cutting oils
- Corrosion preventive oils
- Others
- France Metalworking Fluids Market, By End-use
- Metal Fabrication
- Transportation Equipment
- Machinery
- Others
- France Metalworking Fluids Market, By Industrial End-use
- Construction
- Electric & Power
- Agriculture
- Automobile
- Aerospace
- Rail
- Marine
- Telecommunication
- Healthcare
- Czech Republic
- France Metalworking Fluids Market, By Product
- Mineral
- Synthetic
- Bio-based
- Francey Metalworking Fluids Market, By Application
- Neat cutting oils
- Water cutting oils
- Corrosion preventive oils
- Others
- France Metalworking Fluids Market, By End-use
- Metal Fabrication
- Transportation Equipment
- Machinery
- Others
- France Metalworking Fluids Market, By Industrial End-use
- Construction
- Electric & Power
- Agriculture
- Automobile
- Aerospace
- Rail
- Marine
- Telecommunication
- Healthcare
- Sweden
- France Metalworking Fluids Market, By Product
- Mineral
- Synthetic
- Bio-based
- Francey Metalworking Fluids Market, By Application
- Neat cutting oils
- Water cutting oils
- Corrosion preventive oils
- Others
- France Metalworking Fluids Market, By End-use
- Metal Fabrication
- Transportation Equipment
- Machinery
- Others
- France Metalworking Fluids Market, By Industrial End-use
- Construction
- Electric & Power
- Agriculture
- Automobile
- Aerospace
- Rail
- Marine
- Telecommunication
- Healthcare
- Finland
- France Metalworking Fluids Market, By Product
- Mineral
- Synthetic
- Bio-based
- Francey Metalworking Fluids Market, By Application
- Neat cutting oils
- Water cutting oils
- Corrosion preventive oils
- Others
- France Metalworking Fluids Market, By End-use
- Metal Fabrication
- Transportation Equipment
- Machinery
- Others
- France Metalworking Fluids Market, By Industrial End-use
- Construction
- Electric & Power
- Agriculture
- Automobile
- Aerospace
- Rail
- Marine
- Telecommunication
- Healthcare
- Asia Pacific
- Asia Pacific Metalworking Fluids Market, By Product
- Mineral
- Synthetic
- Bio-based
- Asia Pacific Metalworking Fluids Market, By Application
- Neat cutting oils
- Water cutting oils
- Corrosion preventive oils
- Others
- Asia Pacific Metalworking Fluids Market, By End-use
- Metal Fabrication
- Transportation Equipment
- Machinery
- Others
- Asia Pacific Metalworking Fluids Market, By Industrial End-use
- Construction
- Electric & Power
- Agriculture
- Automobile
- Aerospace
- Rail
- Marine
- Telecommunication
- Healthcare
- China
- China Metalworking Fluids Market, By Product
- Mineral
- Synthetic
- Bio-based
- China Metalworking Fluids Market, By Application
- Neat cutting oils
- Water cutting oils
- Corrosion preventive oils
- Others
- China Metalworking Fluids Market, By End-use
- Metal Fabrication
- Transportation Equipment
- Machinery
- Others
- China Metalworking Fluids Market, By Industrial End-use
- Construction
- Electric & Power
- Agriculture
- Automobile
- Aerospace
- Rail
- Marine
- Telecommunication
- Healthcare
- Japan
- Japan Metalworking Fluids Market, By Product
- Mineral
- Synthetic
- Bio-based
- Japan Metalworking Fluids Market, By Application
- Neat cutting oils
- Water cutting oils
- Corrosion preventive oils
- Others
- Japan Metalworking Fluids Market, By End-use
- Metal Fabrication
- Transportation Equipment
- Machinery
- Others
- Japan Metalworking Fluids Market, By Industrial End-use
- Construction
- Electric & Power
- Agriculture
- Automobile
- Aerospace
- Rail
- Marine
- Telecommunication
- Healthcare
- South Korea
- South Korea Metalworking Fluids Market, By Product
- Mineral
- Synthetic
- Bio-based
- South Korea Metalworking Fluids Market, By Application
- Neat cutting oils
- Water cutting oils
- Corrosion preventive oils
- Others
- South Korea Metalworking Fluids Market, By End-use
- Metal Fabrication
- Transportation Equipment
- Machinery
- Others
- South Korea Metalworking Fluids Market, By Industrial End-use
- Construction
- Electric & Power
- Agriculture
- Automobile
- Aerospace
- Rail
- Marine
- Telecommunication
- Healthcare
- India
- India Metalworking Fluids Market, By Product
- Mineral
- Synthetic
- Bio-based
- India Metalworking Fluids Market, By Application
- Neat cutting oils
- Water cutting oils
- Corrosion preventive oils
- Others
- India Metalworking Fluids Market, By End-use
- Metal Fabrication
- Transportation Equipment
- Machinery
- Others
- India Metalworking Fluids Market, By Industrial End-use
- Construction
- Electric & Power
- Agriculture
- Automobile
- Aerospace
- Rail
- Marine
- Telecommunication
- Healthcare
- Singapore
- Singapore Metalworking Fluids Market, By Product
- Mineral
- Synthetic
- Bio-based
- Singapore Metalworking Fluids Market, By Application
- Neat cutting oils
- Water cutting oils
- Corrosion preventive oils
- Others
- Singapore Metalworking Fluids Market, By End-use
- Metal Fabrication
- Transportation Equipment
- Machinery
- Others
- Singapore Metalworking Fluids Market, By Industrial End-use
- Construction
- Electric & Power
- Agriculture
- Automobile
- Aerospace
- Rail
- Marine
- Telecommunication
- Healthcare
- Malayasia
- Malayasia Metalworking Fluids Market, By Product
- Mineral
- Synthetic
- Bio-based
- Malayasia Metalworking Fluids Market, By Application
- Neat cutting oils
- Water cutting oils
- Corrosion preventive oils
- Others
- Malayasia Metalworking Fluids Market, By End-use
- Metal Fabrication
- Transportation Equipment
- Machinery
- Others
- Malayasia Metalworking Fluids Market, By Industrial End-use
- Construction
- Electric & Power
- Agriculture
- Automobile
- Aerospace
- Rail
- Marine
- Telecommunication
- Healthcare
- Thailand
- Thailand Metalworking Fluids Market, By Product
- Mineral
- Synthetic
- Bio-based
- Thailand Metalworking Fluids Market, By Application
- Neat cutting oils
- Water cutting oils
- Corrosion preventive oils
- Others
- Thailand Metalworking Fluids Market, By End-use
- Metal Fabrication
- Transportation Equipment
- Machinery
- Others
- Thailand Metalworking Fluids Market, By Industrial End-use
- Construction
- Electric & Power
- Agriculture
- Automobile
- Aerospace
- Rail
- Marine
- Telecommunication
- Healthcare
- Australia
- Australia Metalworking Fluids Market, By Product
- Mineral
- Synthetic
- Bio-based
- Australiay Metalworking Fluids Market, By Application
- Neat cutting oils
- Water cutting oils
- Corrosion preventive oils
- Others
- Australia Metalworking Fluids Market, By End-use
- Metal Fabrication
- Transportation Equipment
- Machinery
- Others
- Australia Metalworking Fluids Market, By Industrial End-use
- Construction
- Electric & Power
- Agriculture
- Automobile
- Aerospace
- Rail
- Marine
- Telecommunication
- Healthcare
- New Zealand
- New Zealan Metalworking Fluids Market, By Product
- Mineral
- Synthetic
- Bio-based
- New Zealan Metalworking Fluids Market, By Application
- Neat cutting oils
- Water cutting oils
- Corrosion preventive oils
- Others
- New Zealane Metalworking Fluids Market, By End-use
- Metal Fabrication
- Transportation Equipment
- Machinery
- Others
- New Zealan Metalworking Fluids Market, By Industrial End-use
- Construction
- Electric & Power
- Agriculture
- Automobile
- Aerospace
- Rail
- Marine
- Telecommunication
- Healthcare
- Central & South America
- Central & South America Metalworking Fluids Market, By Product
- Mineral
- Synthetic
- Bio-based
- Central & South America Metalworking Fluids Market, By Application
- Neat cutting oils
- Water cutting oils
- Corrosion preventive oils
- Others
- Central & South Americae Metalworking Fluids Market, By End-use
- Metal Fabrication
- Transportation Equipment
- Machinery
- Others
- Central & South America Metalworking Fluids Market, By Industrial End-use
- Construction
- Electric & Power
- Agriculture
- Automobile
- Aerospace
- Rail
- Marine
- Telecommunication
- Healthcare
- Brazil
- Brazil Metalworking Fluids Market, By Product
- Mineral
- Synthetic
- Bio-based
- Brazil Metalworking Fluids Market, By Application
- Neat cutting oils
- Water cutting oils
- Corrosion preventive oils
- Others
- Brazil Metalworking Fluids Market, By End-use
- Metal Fabrication
- Transportation Equipment
- Machinery
- Others
- Brazil Metalworking Fluids Market, By Industrial End-use
- Construction
- Electric & Power
- Agriculture
- Automobile
- Aerospace
- Rail
- Marine
- Telecommunication
- Healthcare
- Middle East & Africa
- Middle East & Afric Metalworking Fluids Market, By Product
- Mineral
- Synthetic
- Bio-based
- Middle East & Afric Metalworking Fluids Market, By Application
- Neat cutting oils
- Water cutting oils
- Corrosion preventive oils
- Others
- Middle East & Afric Metalworking Fluids Market, By End-use
- Metal Fabrication
- Transportation Equipment
- Machinery
- Others
- Middle East & Afric Metalworking Fluids Market, By Industrial End-use
- Construction
- Electric & Power
- Agriculture
- Automobile
- Aerospace
- Rail
- Marine
- Telecommunication
- Healthcare
Metalworking Fluids Market Dynamics
Driver: Growth of Automobile Industry
Automobile industry is expected to be one of the key drivers for the growth of metalworking fluids market. Recession period (2007-2008) observed a surge in demand for automobile across regions owing to the reduction in production volume. Asia Pacific is leading this industry owing to the growing consumer demand from emerging markets, such as China, Indonesia, and India. This has resulted in a positive outlook for metalworking fluids market. Automobile industry relies on metalworking fluids owing to their abilities to reduce friction between the work piece and the tool, remove metal chips, provide excellent surface finish, and prolong tool life. Original equipment manufacturers (OEMs) are conducting research and development activities for producing higher volumes of automobile components that lead to energy efficiency in vehicles. Metalworking fluids aid in increasing the efficiency of machining processes, thus, increasing the production volumes of those machines. As a result, metalworking fluids are expected to witness steady demand over the forecast period.
Driver: Growth of Heavy Machinery Industry in Emerging Economies
Heavy machinery industry includes cement machinery, construction equipment, textile machinery, mining machinery, metallurgical machinery, oil field equipment, machine tools, and material handling equipment. Emerging economies including India, China, Brazil, Russia, and other Southeast Asian countries are witnessing significant growth in industrial manufacturing sector. Fig.8 Aluminum in end-use industries in the U.S. (2013) Source: USGS, OICA, ICIS, U.S. FDA, U.S. EPA, BAUA, Annual reports, Grand View Research 24.0% 25.0% 14.0% 10.0% 8.0% 19.00% Construction Transportation Electronics Machinery & equipment Packaging Others < Back to Table of Contents Metalworking Fluids Market Analysis and Segment Forecast to 2025 23 ©Grand View Research, Inc., USA. All Rights Reserved Increasing exploration & production activities of oil and gas in Asia Pacific, especially from Chinese petroleum companies, have been a major factor in influencing the demand for metalworking fluids in oilfield equipment industry.
Restraint: Threat of Substitutes
Polymers and composites have been posing a major threat to the demand for metals which affect the consumption of metalworking fluids over the past few years. Polypropylene (PP), polyvinyl chloride (PVC), polystyrene (PS), polyethylene (PE), and polyurethane (PUR) are some of the key plastic materials used in various automotive applications including bumpers, automotive suspension bushings, and display bases. Their ability to provide high resistance to corrosion, harmful chemicals, wear & friction resistance, durability, and improve the power-to-weight ratio is attributed to their growth over the past decade. Penetration of plastic components in automobile industry has increased considerably over the past few years owing to their lightweight, robust performance, high resistance to corrosion, and durability & efficiency. Similarly, aerospace sector has witnessed a huge surge in demand for plastics on account of their ability to reduce power-to-weight ratio and increase overall efficiency of the aircraft engine and its performance.
What Does This Report Include?
This section will provide insights into the contents included in this metalworking fluids market report and help gain clarity on the structure of the report to assist readers in navigating smoothly.
Metalworking fluids market qualitative analysis
Metalworking fluids market quantitative analysis
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Market size, estimates, and forecast from 2018 to 2030
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Market estimates and forecast for product segments up to 2030
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Regional market size and forecast for product segments up to 2030
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Market estimates and forecast for application segments up to 2030
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Regional market size and forecast for application segments up to 2030
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Company financial performance