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Metal Working Fluids Market in APAC 2015-2019

Metal Working Fluids Market in APAC 2015-2019

About MWF

MWF are lubricating oils used to cool metallic work pieces when they are subject to industrial processes, such as machining, grinding, milling, stamping, and forging. MWF are added during the aforementioned and other industrial processes to reduce heat and friction between the cutting or machining tools and work pieces, and to prevent burning, smoking, and damage to tools and work pieces. These fluids also help in enhancing the overall quality of work pieces by constantly removing the metal chips from the tool used, and from work pieces. MWF are used for various industrial and commercial applications, such as fabrication of metal products, smooth working of machinery and transportation equipment, and processing of ferrous and non-ferrous primary metals. There are four categories of MWF: removal fluids, forming fluids, protection fluids and treating fluids.

Technavio's analysts forecast the MWF market in APAC to grow at a CAGR of 3.96% over the period 2014-2019.

Covered in this Report

The MWF market in APAC can be segmented on the basis of application into the following: transportation equipment, machinery, primary metals, fabricated metal products, and metal cans and others.

Technavio's report, MWF Market in APAC 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers China, Japan, India, South Korea, and the rest of APAC; it also covers the market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.Key Regions

  • China
  • Japan
  • India
  • South Korea
  • Rest of APAC
Key Vendors
  • BP (Castrol)
  • Houghton International
  • Idemitsu Kosan
  • Quaker Chemical
  • Yushiro Chemical Industry
Other Prominent Vendors
  • Apar
  • Bharat Petroleum
  • Blaser Swisslube
  • Cosmo Oil
  • Daido Chemical Engineering
  • Exxon Mobil
  • Francool Technologies
  • Fuchs Petrolub
  • Guangzhou Mechanical Engineering Research Institute
  • HPCL
  • IOCL
  • JX Nippon
  • Kyodo Yushi
  • Lubrizol
  • Master Chemical
  • Milacron Holdings
  • NS Lubricants
  • SAMHWA Lube
  • Shanghai Parker Chemical
  • SK Group
  • Suzhou Special Chemicals
  • Total Lubricants
Key Market Driver
  • Growth of Automotive Sector in China
  • For a full, detailed list, view our report
Key Market Challenge
  • Vulnerability to Microbial Attack
  • For a full, detailed list, view our report
Key Market Trend
  • Increased Adoption of Near Dry Machining
  • For a full, detailed list, view our report
Key Questions Answered in this Report
  • What will the market size be in 2019 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 – Metal Working Fluids (MWF) Market in APAC 2015-2019

Technavio recognizes the following companies as the key players in the Metal Working Fluids (MWF) Market in APAC: BP (Castrol), Houghton International, Idemitsu Kosan, Quaker Chemical and Yushiro Chemical Industry

Other Prominent Vendors in the market are: Apar, Bharat Petroleum, Blaser Swisslube, Cosmo Oil, Daido Chemical Engineering, Exxon Mobil, Francool Technologies, Fuchs Petrolub, Guangzhou Mechanical Engineering Research Institute, HPCL, IOCL, JX Nippon, Kyodo Yushi, Lubrizol, Master Chemical, Milacron Holdings, NS Lubricants, SAMHWA Lube, Shanghai Parker Chemical, SK Group, Suzhou Special Chemicals and Total Lubricants

Commenting on the report, an analyst from Technavio’s team said: “Near dry machining, otherwise known as minimum-quantity lubrication, leads to the use of conventional MWF, causing less environmental waste with the same quantity of lubricant used. In comparison to near dry machining, conventional wet machining floods the part with MWF, requiring large amounts of dry fluids that act as coolants for tools used to manufacture engines and transmission, thereby increasing the cost of operations. Dry machining has gained significance in recent times in manufacturing processes, especially in North America and Europe, as companies look for more cost-cutting, and the extensiveness of regulations has increased. Other trends in manufacturing such as micro-lubrication, near net shape casting, high-speed cutting, and hydroforming have all led to lower consumption, higher performance, and specialist products.”

According to the report, the automotive sector, part of the transportation industry, was the major user of MWF in the market in APAC in 2014. MWF are an integral part of the automotive sector and are a necessity in various operations, including machining, stamping, and forging. As China accounts for the majority of sales in this sector in the MWF market in the region, the rapid growth of the automotive sector in the country, resulting from growing urbanization and the increasing influence of the West, has had a positive impact on the demand for MWF. In addition, the rising volumes of vehicle production and an increase in the number of variants in the product line in the sector have further propelled this demand. With the Chinese automotive market expected to exhibit its historical growth trend during the coming years, its growth will significantly benefit the MWF market in APAC.

Further, the report states that the recent slowdown, in comparison to the historical growth trend, in the industrial growth and development in China, along with the near saturated MWF market conditions in Japan and the nation's slow recovery from the last decade's economic turmoil and natural calamities, has made it difficult for the manufacturers in the market to increase their profitability.

Companies Mentioned

BP (Castrol), Houghton International, Idemitsu Kosan, Quaker Chemical, Yushiro Chemical Industry, Apar, Bharat Petroleum, Blaser Swisslube, Cosmo Oil, Daido Chemical Engineering, Exxon Mobil, Francool Technologies, Fuchs Petrolub, Guangzhou Mechanical Engineering Research Institute, HPCL, IOCL, JX Nippon, Kyodo Yushi, Lubrizol, Master Chemical, Milacron Holdings, NS Lubricants, SAMHWA Lube, Shanghai Parker Chemical, SK Group, Suzhou Special Chemicals, Total Lubricants

  • Executive Summary
  • List of Abbreviations
  • Scope of the Report
    • Market Overview
    • Product Offerings
  • Market Research Methodology
    • Market Research Process
    • Research Methodology
      • Table Market Research Methodology
  • Introduction
  • Market Landscape
    • Market Overview
      • Table Segmentation of MWF Market in APAC
      • Table Segmentation of MWF Market in APAC by Application
      • Table Segmentation of MWF Market in APAC by Product
      • Table Segmentation of MWF Market in APAC by Geography
  • MWF Market in APAC
    • Market Size and Forecast by Revenue
      • Table MWF Market in APAC 2014-2019 ($ billions)
    • Five Forces Analysis
  • Market Segmentation by Application
    • Segmentation of MWF Market in APAC by Application 2014-2019
      • Table MWF Market in APAC: Segmentation by Application 2014 and 2019
      • Table MWF Market in APAC: Segmentation by Application 2014-2019 ($ billions)
    • Transportation Equipment Segment of MWF Market in APAC
      • Market Size and Forecast
        • Table Transportation Equipment Segment of MWF Market in APAC 2014-2019 ($ billions)
    • Machinery Segment of MWF Market in APAC
      • Market Size and Forecast
        • Table Machinery Segment of MWF Market in APAC 2014-2019 ($ billions)
    • Primary Metals Segment of MWF Market in APAC
      • Market Size and Forecast
        • Table Primary Metals Segment of MWF Market in APAC 2014-2019 ($ billions)
    • Fabricated Metal Products Segment of MWF Market in APAC
      • Market Size and Forecast
        • Table Fabricated Metal Products Segment of MWF Market in APAC 2014-2019 ($ billions)
    • Metal Cans and Others Segment of MWF Market in APAC
      • Market Size and Forecast
        • Table Metal Cans and Others Segment of MWF Market in APAC 2014-2019 ($ billions)
  • Market Segmentation by Product
    • Segmentation of MWF Market in APAC by Product 2014-2019
      • Table MWF Market in APAC: Segmentation by Product 2014 and 2019
      • Table MWF Market in APAC: Segmentation by Product 2014-2019 ($ billions)
    • Removal Fluids Segment of MWF Market in APAC
      • Market Size and Forecast
        • Table Removal Fluids Segment of MWF Market in APAC 2014-2019 ($ billions)
    • Forming Fluids Segment of MWF Market in APAC
      • Market Size and Forecast
        • Table Forming Fluids Segment of MWF Market in APAC 2014-2019 ($ billions)
    • Protecting Fluids Segment of MWF Market in APAC
      • Market Size and Forecast
        • Table Protecting Fluids Segment of MWF Market in APAC 2014-2019 ($ billions)
    • Treating Fluids Segment of MWF Market in APAC
      • Market Size and Forecast
        • Table Treating Fluids Segment of MWF Market in APAC 2014-2019 ($ billions)
  • Geographical Segmentation
    • MWF Market in APAC by Geographical Segmentation 2014-2019
      • Table MWF Market in APAC by Geographical Segmentation 2014 and 2019
      • Table MWF Market in APAC by Geographical Segmentation 2014-2019 ($ billions)
    • MWF Market in China
      • Market Size and Forecast
        • Table MWF Market in China 2014-2019 ($ billions)
    • MWF Market in Japan
      • Market Size and Forecast
        • Table MWF Market in Japan 2014-2019 ($ billions)
    • MWF Market in India
      • Market Size and Forecast
        • Table MWF Market in India 2014-2019 ($ billions)
    • MWF Market in South Korea
      • Market Size and Forecast
        • Table MWF Market in South Korea 2014-2019 ($ billions)
    • MWF Market in Rest of APAC
      • Market Size and Forecast
        • Table MWF Market in Rest of APAC 2014-2019 ($ billions)
        • Table Country-wise Consumption Analysis of MWF Market in Rest of APAC
  • Buying Criteria
  • Market Growth Drivers
    • Table Number of Vehicles Sold in China 2005-2014 (millions)
  • Drivers and their Impact
  • Market Challenges
  • Impact of Drivers and Challenges
  • Market Trends
    • Table China: GDP Growth Rate 2014-2019 ($ trillions)
    • Table India: GDP Growth Rate 2014-2019 ($ trillions)
  • Trends and their Impact
  • Vendor Landscape
    • Competitive Scenario
    • Major Vendor Analysis 2014
      • Table Major Vendor Analysis of MWF Market in APAC 2014
    • Other Prominent Vendors
  • Key Vendor Analysis
    • BP
      • Key Facts
      • Business Overview
      • Business Segmentation by Revenue 2013
        • Table BP: Business Segmentation by Revenue 2013
      • Business Segmentation by Revenue 2012 and 2013
        • Table BP: Business Segmentation by Revenue 2012 and 2013 (US$ million)
      • Geographical Segmentation by Revenue 2013
        • Table BP: Geographical Segmentation by Revenue 2013
      • Business Strategy
      • Recent Developments
      • SWOT Analysis
    • Houghton International
      • Key Facts
      • Business Overview
      • Business Segmentation
        • Table Houghton International: Business Segmentation
      • Key Products
      • Recent Developments
      • Sales by Product Type and Geography
        • Table Houghton International: Metal Working Fluid Sales by Geography 2014
      • SWOT Analysis
    • Idemitsu Kosan
      • Key Facts
      • Business Overview
      • Business Segmentation
        • Table Idemitsu Kosan: Business Segmentation 2014
      • Business Segmentation by Revenue 2013 and 2014
        • Table Idemitsu Kosan: Business Segmentation by Revenue 2013 and 2014 ($ billions)
      • Geographical Segmentation by Revenue 2014
        • Table Idemitsu Kosan: Geographical Segmentation by Revenue 2014
      • Recent Developments
      • SWOT Analysis
    • Quaker Chemical
      • Key Facts
      • Business Overview
      • Business Segmentation by Revenue 2013 and 2014
        • Table Quaker Chemical: Business Segmentation by Revenue 2013 and 2014 ($ million)
      • Geographical Segmentation by Revenue 2014
        • Table Quaker Chemical: Geographical Segmentation by Revenue 2014
      • Recent Developments
      • SWOT Analysis
    • Yushiro
      • Key Facts
      • Business Overview
      • Product Segmentation
        • Table Yushiro: Product Segmentation
      • Customer Segmentation by Revenue 2014
        • Table Yushiro: Customer Segmentation by Revenue 2014
      • Geographical Segmentation by Revenue 2013 and 2014
        • Table Yushiro: Geographical Segmentation by Revenue 2013 and 2014 ($ million)
      • Geographical Segmentation by Revenue 2014
        • Table Yushiro: Geographical Segmentation by Revenue 2014
      • SWOT Analysis
  • Other Reports in this Series

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