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Global Metalworking Fluids Market 2016-2020

Global Metalworking Fluids Market 2016-2020

About Metalworking Fluids

Metalworking fluids include a range of oils and other liquids that are used for lubricating or cooling metallic workpieces during industrial procedures such as machining, grinding, forging, stamping, and milling. These fluids reduce friction between the machining or cutting tools and the workpiece, thereby prevent smoking, burning, and damage to the workpiece and equipment.

Technavio’s analysts forecast the global metalworking fluid market to grow at a CAGR of 4.06% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global metalworking fluid market for 2016-2020. To calculate the market size, the report considers the sales of metal working fluids in its various applications including transportation equipment, machinery, primary metals, fabricated metal products, and metal cans considering 2015 as the base year.

The market is divided into the following segments based on geography:

  • APAC
  • Europe
  • North America
  • ROW
Technavio's report, Global Metalworking Fluid Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • BASF
  • Chevron Lubricants
  • ExxonMobil
  • Lonza
  • Fuchs Petrolub
Other prominent vendors
  • Apar
  • Columbia Petro
  • Gazprom
  • Idemitsu Kosan
  • Lukoil
  • Pertamina
  • Sinopec
Market driver
  • Advances and product innovations in end-user industries
  • For a full, detailed list, view our report
Market challenge
  • Introduction of alternatives to metals
  • For a full, detailed list, view our report
Market trend
  • Emergence of India and China as global manufacturing hubs
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2020 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Metalworking Fluid Market 2016-2020

Technavio recognizes the following companies as the key players in the global metalworking fluid market: BASF, Chevron Lubricants, ExxonMobil, Lonza, and Fuchs Petrolub.

Other Prominent Vendors in the market are: Apar, Columbia Petro, Gazprom, Idemitsu Kosan, Lukoil, Pertamina, and Sinopec.

Commenting on the report, an analyst from Technavio’s team said: “One of the key trends for market growth will be budding acceptance of total quality management programs. Efficiency, safety, quality, and productivity are the principal goals of the industrial and manufacturing industries. Many industrial processes and accompanying equipment are subjected to consistent maintenance and evaluations programs to avoid machine failures and to ensure the quality of the tools and equipment. The growing encouragement of quality management programs in manufacturing and industrial facilities has a positive effect on the global metalworking fluids market, as routine maintenance programs lead to the increased incidence of fluid change. Information technology tools deliver improved data transparency about quality control of the equipment and maintenance and guarantee quality operational functions of metalworking fluids.”

According to the report, growth of automotive industry in China will be a key driver for market growth. In 2015, the automotive sector, part of the transportation industry, was the primary user of metalworking in APAC, especially in China. Metalworking fluids are consumed in many operations such as stamping, machining, and forging. In APAC, China contributes the highest sales in this segment. The prompt evolution of the automotive sector in the country due to rising urbanization and the growing influence of the Western economies, has elevated the overall consumption of metalworking fluids.

Further, the report states that metalworking fluids do pose some imminent toxicological hazards. For instance, functional fluids used in the industrial sector are affected by concerns regarding greenhouse gas emissions, global warming, and ozone depletion. Stringent environmental regulations are affecting the selection, use, and disposal of metalworking fluids in many end-user applications. The manufacturers of metalworking fluid are continually reducing the level of toxic chemicals and corrosivity index, which degrades the soil and water quality. The increasing preference for sustainable and environmentally safe metalworking fluids is also posing a challenge to the market growth. Stringent testing practices to evaluate eco-friendly fluids create a challenge for manufacturers to develop fluids that follow certain legislated parameters about toxicity, biodegradability, bioaccumulation, lower emissions, and recyclability.

Companies Mentioned

BASF, Chevron Lubricants, ExxonMobil, Lonza, Fuchs Petrolub, Apar, Columbia Petro, Gazprom, Idemitsu Kosan, Lukoil, Pertamina, and Sinopec.

  • Executive summary
    • Highlights
      • Table Global metalworking fluids market in terms of volume 2015-2020 (million tons)
  • Scope of the report
    • Market overview
      • Table Global metalworking fluids market
      • Table Global metalworking fluids market by product type
      • Table Global metalworking fluids market by applications
      • Table Global metalworking fluids market by geography
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
  • Market landscape
    • Market size and forecast
      • Table Global metalworking fluids market 2015-2020 ($ billions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by product type
    • Outlook
      • Table Global metalworking fluids by product type 2015
      • Table Global metalworking fluids by product type 2020
    • Global removal fluids market
      • Table Global removal fluids market 2015-2020 ($ billions)
      • Table Categorization of removal fluids
      • Table Consumption of removal fluids by geography 2015
    • Global forming fluids market
      • Table Global forming fluids market 2015-2020 ($ billions)
      • Table Consumption of forming fluids by geography 2015
    • Global protecting fluids market
      • Table Global protecting fluids market 2015-2020 ($ billions)
      • Table Consumption of protecting fluids by geography 2015
    • Global treating fluids market
      • Table Global treating fluids market 2015-2020 ($ millions)
      • Table Consumption of treating fluids by geography
  • Market segmentation by application
    • Outlook
      • Table Global metalworking fluids market by applications 2015
      • Table Global metalworking fluids market by applications 2020
    • Global metalworking fluids market in the transportation equipment segment
      • Table Global metalworking fluids market in the transportation equipment segment 2015-2020 ($ billions)
      • Table Consumption of metalworking fluids for transportation equipment segment by product type 2015
    • Global metal working fluids market for machinery segment
      • Table Global metalworking fluids market for machinery segment 2015-2020 ($ billions)
      • Table Consumption of metalworking fluids in the machinery segment by product type 2015
    • Global metalworking fluids market for primary metals segment
      • Table Global metalworking fluids market for primary metals segment 2015-2020 ($ billions)
      • Table Consumption of metalworking fluids in the primary metals segment by product type 2015
    • Global metalworking fluids market for fabricated metal products segment
      • Table Global metalworking fluids market for fabricated metal products segment 2015-2020 ($ billions)
      • Table Consumption of metalworking fluids in the fabricated metal products segment by product type 2015
    • Global metalworking fluids market for metal cans and others segment
      • Table Global metalworking fluids market for metal cans and others segment 2015-2020 ($ millions)
      • Table Consumption of metalworking fluids in the metal cans segment by product type 2015
  • Geographical segmentation
    • Outlook
      • Table Global metalworking fluids market 2015
      • Table Global metalworking fluids market 2020
    • Metalworking fluids market in APAC
      • Table Metalworking fluids market in APAC 2015-2020 ($ billions)
    • Metalworking fluids market in North America
      • Table Metalworking fluids market in North America 2015-2020 ($ billions)
      • Table Vehicle production in North America 2010-2015 (millions)
    • Metalworking fluids market in EMEA
      • Table Metalworking fluids market in the EMEA 2015-2020 ($ billions)
    • Metalworking fluids market in ROW
      • Table Metalworking fluids market in ROW 2015-2020 ($ millions)
  • Market drivers
    • Growing inclination toward synthetic fluids
    • Growth of automotive industry in China
      • Table Number of vehicles sold in China 2005-2015 (millions)
    • Advances and product innovations in end-user industries
    • Increased demand for metal packaging
      • Table Global metal packaging market 2015-2020 ($ billions)
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
    • Introduction of alternatives to metals
    • Increased environmental, health, and safety concerns
    • Vulnerability to microbial contamination
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • Budding acceptance of total quality management programs
    • Emergence of India and China as global manufacturing hubs
    • Emergence of near-dry machining and other manufacturing techniques
  • Vendor landscape
    • Competitive scenario
    • Major vendors of global metalworking fluids market
      • Table Global metalworking fluids market: Major vendors 2015
    • Buying criteria
      • Table Buying criteria
    • Other prominent vendors
      • Table Other prominent vendors for global metalworking fluids in 2015
  • Key vendor analysis
    • BASF
      • Table BASF: Business segmentation by revenue 2015
      • Table BASF: Segmentation of revenue by geography 2015
    • Chevron Lubricants
      • Table Chevron Lubricants: Product offering
    • ExxonMobil
      • Table ExxonMobil: Business segmentation
      • Table ExxonMobil: Geographical segmentation in 2015
      • Table Features and benefits of metalworking fluids offered by ExxonMobil
    • Lonza Group
      • Table Lonza Group: Business segmentation by revenue 2015
    • Fuchs Petrolub
      • Table Business segmentation of Fuchs Petrolub
      • Table Geographical segmentation by revenue 2015
  • Appendix
    • List of abbreviations
  • Explore Technavio

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