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.
Scope of the Report:This report focuses on the Metal Cutting Fluids in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
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 worldwide market for Metal Cutting Fluids is expected to grow at a CAGR of roughly 0.6% over the next five years, will reach 4820 million US$ in 2023, from 4650 million US$ in 2017, according to a new study.
Market Segment by Manufacturers, this report covers 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
Market Segment by Regions, regional analysis covers North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers Emulsion Metal Cutting Fluids
Semi-Synthetic Metal Cutting Fluids
Synthesis Metal Cutting Fluids
Neat Oil Metal Cutting Fluids
Market Segment by Applications, can be divided into Automobile Manufacturing
Precision Machinery
Electrical Equipment
Metal Products
Automobile Manufacturing
Precision Machinery
Electrical Equipment
Metal Products
There are 15 Chapters to deeply display the global Metal Cutting Fluids market.
Chapter 1, to describe Metal Cutting Fluids Introduction, product scope, market overview, market opportunities, market risk, market driving force;
Chapter 2, to analyze the top manufacturers of Metal Cutting Fluids, with sales, revenue, and price of Metal Cutting Fluids, in 2018 and 2019;
Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2018 and 2019;
Chapter 4, to show the global market by regions, with sales, revenue and market share of Metal Cutting Fluids, for each region, from 2015 to 2020;
Chapter 5, 6, 7, 8 and 9, to analyze the market by countries, by type, by application and by manufacturers, with sales, revenue and market share by key countries in these regions;
Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2015 to 2020;
Chapter 12, Metal Cutting Fluids market forecast, by regions, type and application, with sales and revenue, from 2020 to 2026;
Chapter 13, 14 and 15, to describe Metal Cutting Fluids sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source
Frequently Asked Questions
The base year for the study has been considered 2019, historic year 2014 and 2018, the forecast period considered is from 2020 to 2027. The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. These regions are further analyzed at the country-level. The study also includes attractiveness analysis of type, application and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
Market is segmented on the basis:
- By Type
- By Application
- By Region
- By Country
- By Manufacturer
The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026.
The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.