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Metalworking Fluids Market by Product Type, by End-Use Application, by Region - Global Forecast to 2020

Metalworking Fluids Market: Global Forecast until 2020

  • February 2016
  • 149 pages
  • ID: 3629276
In this report:
The market size for metalworking fluids in the transport equipment sector in the Middle East & Africa is estimated at ##.## kilotons in 2015 and is expected to reach ##.## kilotons by 2020, registering a CAGR of ##.##% between 2015 and 2020.
The metalworking fluids market size in Chile is estimated to be ##.## USD million in 2015 and is expected to reach USD ##.## million by 2020, registering a CAGR of ##.##% between 2015 and 2020.

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Growth in the use of metalworking fluids in automotive manufacturing

The market size of metalworking fluids is forecasted to reach ~$9.7B by 2020, at a compound annual growth rate (CAGR) of 3.20 percent from 2015 to 2020. The massive increase in automotive and metal fabrication market is one of the factors which is predicted to push the demand for metalworking fluids.

Removal fluids to lead the industry

The removal fluids segment controled the metalworking fluids market in 2014. The removal fluids segment leads the sector for metalworking fluids due to the quick increase in the automotive sector and rise in the production of automobiles and high quality metal products for construction and other utilities. The protecting fluids segment is expected to register the maximum growth rate from 2015 to 2020.

Asia-Pac (APAC) anticipated to dominate the metalworking fluids market during the outlook period

APAC is forecasted to be the biggest market for metalworking fluids, globally. This is due to the presence of manufacturing industries including India, China (CN), and South Korea (KR). Asia-Pac, recorded for the biggest market share of the metalworking fluids market, in terms of value importance, in 2014. Asia Pacific (APAC) was followed by North America continent and Europe (EU).

Break-up of the profiles of the primary participants for the analysis

- By Company Type - Tier 1 - 31.0 percent, Tier 2 - 36.0 percent, and 1/3 3 - 33.0 percent

- By Designation - C Level- 37.0 percent, Director Level - 33.0 percent, Others - 30.0 percent

- By area - North america (NA) - 28.0 percent, Europe - 29.0 percent, Asia-Pacific - 23.0 percent, and rest of the world - 20.0 percent

The market research includes company profiles of main actors; recent activities in the market including new product launches, business developments, and contracts & strategic agreements; and SWOT study. Some of the main firms decribed in this business report are ExxonMobil Corporation, Houghton International Inc., Fuchs Petrolub SE, Total (EPA:FP), Chevron (NYSE:CVX), Lubrizol Corporation, Idemitsu Kosan Co. Ltd, and Lukoil Oil Company.

While making tactical conclusions in business, timely and useful information is required. This industry report fulfills the requirements of different stakeholders, including material suppliers, product manufacturers, investors, and executives.

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ref:plp2016

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