Metal cutting fluids are an industrial liquid which has higher functions of cooling, lubricating, antirusting and cleaning performance. It is used to cool and lubricate the cutting and the workplace. The use of cutting fluid generally causes economy of tools and it becomes easier to keep tight tolerances and to maintain work piece surface properties without damages.
Metal cutting fluids has higher functions of cooling, lubricating, antirusting and cleaning performance, which is widely used in automobile manufacturing, precision machinery, electrical equipment and metal products. As to the metal cutting fluids downstream application, automobile manufacturing is its largest downstream market, which shares 33.23% of the consumption in 2016. Cutting fluids play important role in making some compound such as engine and clutch in automobile industry. BMW and Audi are one of the leading users of global metal cutting in automobile manufacturing.
Metal cutting fluids is divided into emulsion metal cutting fluids, semi-synthetic metal cutting fluids, synthesis metal cutting fluids and neat oil metal cutting fluids by type. Neat oil metal cutting fluids can be used for application from light machining to heavy-duty operations. And production of neat oil metal cutting fluids share 29.4% in 2016.
At present, the manufactures of metal cutting fluids are concentrated in Europe, North America, Japan, China. China is the largest production area in the world, which occupied about 27.75% in 2016. The follow area is North America. The global production of metal cutting fluids increases from 992.1 K MT in 2012 to 1178.8 K MT in 2017. In the world wide, the top five manufacturers of metal cutting fluids are Houghton (Gulf Oil), BP, Fuchs, Exxon Mobil, Yushiro Chemical. And the production of Houghton (Gulf Oil) occupied about 8.52% in 2016.
The report offers detailed coverage of Metal Cutting Fluids industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Metal Cutting Fluids by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
The report forecast global Metal Cutting Fluids market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2025.
First, this report covers the present status and the future prospects of the global Metal Cutting Fluids market for 2015-2025.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].
Key Companies
Houghton (Gulf Oil)
BP
Fuchs
Yushiro Chemical
Quaker
Blaser
Idemitsu Kosan
Daido Chemical Industry
COSMO Oil
Master
Exxon Mobil Corporation
Petrofer
JX NIPPON
KYODO YUSHI
Indian Oil
Total
Milacron
The Lubrizol Corporation
Valvoline
Chevron
Mecom Industries
LUKOIL
NIKKO SANGYO
APAR
HPCL
SINOPEC
Talent
GMERI
Nanjing Kerun Lubricants
Runkang
At the same time, we classify Metal Cutting Fluids according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
Market Segment as follows:
Market by Order Type
Emulsion Metal Cutting Fluids
Semi-Synthetic Metal Cutting Fluids
Synthesis Metal Cutting Fluids
Neat Oil Metal Cutting Fluids
Market by Application
Automobile Manufacturing
Precision Machinery
Electrical Equipment
Metal Products
Automobile Manufacturing
Precision Machinery
Electrical Equipment
Metal Products
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Metal Cutting Fluids market for the forecast period 2021 - 2025?
• What are the driving forces in the Metal Cutting Fluids market for the forecast period 2021 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Metal Cutting Fluids industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?