Metalworking Fluids Global Market Report 2022 – By Type (Mineral, Synthetic, Bio-Based), By Application (Neat Cutting Oils, Water Cutting Oils, Corrosion Preventive Oils, Other Applications), By End-User Industry (Construction, Electrical and Power, Automobile, Metal Fabrication, Transportation Equipment, Other End-Use Industries) – Market Size, Trends, And Global Forecast 2022-2026

Starting Price : $4000.00 | Pages : 175 | Published : April 2022 | SKU CODE : h998 | Delivery Time: 2-3 business days | Format :


The metalworking fluids market consists of sales of metalworking fluids by entities (organizations, sole traders, and partnerships) that provide metalworking fluids to improve the workpiece's performance by constantly eliminating dust, chips, and swarfs from the tool and the workpiece's surface. Metalworking fluid (MWF) refers to a group of oils and other fluids used to cool and lubricate metal workpieces while they are being machined, crushed, or milled. Metalworking fluids (MWFs) help to avoid burning and smoking by reducing heat and friction between the cutting tool and the workpiece.

The main types of metalworking fluids are mineral, synthetic and bio-based. Mineral oils are refining methods that assist in minimizing the amount of polynuclear aromatic hydrocarbons in metalworking fluids (PAHs). It is used in neat cutting oils, water cutting oils, corrosion preventive oils, others and is implemented in various verticals such as construction, electrical and power, automobile, metal fabrication, transportation equipment, other sectors.

The global metalworking fluids market is expected to grow from $10.68 billion in 2021 to $11.37 billion in 2022 at a compound annual growth rate (CAGR) of 6.5%. The metalworking fluid market is expected to grow to $13.52 billion in 2026 at a CAGR of 4.4%.

The growing automotive sector is expected to fuel the growth of the metalworking fluids market in the forecast period. The automotive industry is made up of a diverse group of businesses and organizations that are involved in the design development, production, marketing, and sale of automobiles. Metalworking fluids, which minimize heat and friction in industrial cutting and grinding operations, are frequently utilized by automobile manufacturers in the manufacturing of car parts and other equipment. For instance, Hyundai Motor Company, a South Korea-based automotive manufacturer announced a 23.8% year-over-year rise in domestic deliveries to 52,005 units in January 2021. Moreover, according to the India Brand Equity Foundation (IBEF), in 2020, roughly 3.49 million units of commercial and passenger vehicle categories were sold in India. Therefore, the growing automotive sector drives the growth of the metalworking fluids market.

The launch of new product lines is shaping the metalworking fluids market. Major companies operating in the metalworking fluids sector are focused on launching new product lines for metalworking fluids to improve product uniformity, cost, and marketability. For instance, in February 2019, Chemtool Incorporated, a US-based company that produces metalworking fluids launched Lubricant 4284, a new series of synthetic metalworking fluids that are designed for machining and grinding aluminum and other ferrous and non-ferrous alloys. Lubricant 4284 is a specifically designed lubricant and detergent that promotes machine cleanliness and high-quality machined item finishes.

In March 2020, DuBois Chemicals, a US-based chemical solutions provider acquired Cimcool business from Milacron, a subsidiary of Hillenbrand for a deal amount of $224 million. The acquisition is expected to provide a new set of solutions, applications experts, technical service resources to support DuBois customers, adding value by expanding the company's global presence and important segments through new applications and technical resources. Cimcool Industrial Products Inc is a US-based formulator and manufacturer of high-performance specialty metalworking fluids, including removal, forming, protective, and cleaning fluids.

Major players in the metalworking fluids market are Exxon Mobil Corporation, TotalEnergies, Houghton International Inc., Henkel, Fuchs Petrolub, Quaker Chemical Corporation, Hindustan Petroleum Corporation Limited, Castrol, Lubrizol, and Croda International.

Asia Pacific was the largest region in the metalworking fluids market in 2021. North America was the second-largest market in the metalworking fluid market. The regions covered in the metalworking fluids market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

The countries covered in the metalworking fluids market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA.

The global metalworking fluids market is segmented -

1) By Type: Mineral, Synthetic, Bio-Based

2) By Application: Neat Cutting Oils, Water Cutting Oils, Corrosion Preventive Oils, Others

3) By End-User Industry: Construction, Electrical and Power, Automobile, Metal Fabrication, Transportation Equipment, Others

    Table Of Contents

    1. Executive Summary

    2. Metalworking Fluids Market Characteristics

    3. Metalworking Fluids Market Trends And Strategies

    4. Impact Of COVID-19 On Metalworking Fluids

    5. Metalworking Fluids Market Size And Growth

    5.1. Global Metalworking Fluids Historic Market, 2016-2021, $ Billion

    5.1.1. Drivers Of The Market

    5.1.2. Restraints On The Market

    5.2. Global Metalworking Fluids Forecast Market, 2021-2026F, 2031F, $ Billion

    5.2.1. Drivers Of The Market

    5.2.2. Restraints On the Market

    6. Metalworking Fluids Market Segmentation

    6.1. Global Metalworking Fluids Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    Mineral

    Synthetic

    Bio-Based

    6.2. Global Metalworking Fluids Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    Neat Cutting Oils

    Water Cutting Oils

    Corrosion Preventive Oils

    Other Applications

    6.3. Global Metalworking Fluids Market, Segmentation By End-User Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    Construction

    Electrical And Power

    Automobile

    Metal Fabrication

    Transportation Equipment

    Other End-Use Industries

    7. Metalworking Fluids Market Regional And Country Analysis

    7.1. Global Metalworking Fluids Market, Split By Region, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    7.2. Global Metalworking Fluids Market, Split By Country, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    8. Asia-Pacific Metalworking Fluids Market

    8.1. Asia-Pacific Metalworking Fluids Market Overview

    Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

    8.2. Asia-Pacific Metalworking Fluids Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    8.3. Asia-Pacific Metalworking Fluids Market, Segmentation By End-User Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    9. China Metalworking Fluids Market

    9.1. China Metalworking Fluids Market Overview

    9.2. China Metalworking Fluids Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F,$ Billion

    9.3. China Metalworking Fluids Market, Segmentation By End-User Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F,$ Billion

    10. India Metalworking Fluids Market

    10.1. India Metalworking Fluids Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    10.2. India Metalworking Fluids Market, Segmentation By End-User Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    11. Japan Metalworking Fluids Market

    11.1. Japan Metalworking Fluids Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    11.2. Japan Metalworking Fluids Market, Segmentation By End-User Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    12. Australia Metalworking Fluids Market

    12.1. Australia Metalworking Fluids Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    12.2. Australia Metalworking Fluids Market, Segmentation By End-User Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    13. Indonesia Metalworking Fluids Market

    13.1. Indonesia Metalworking Fluids Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    13.2. Indonesia Metalworking Fluids Market, Segmentation By End-User Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    14. South Korea Metalworking Fluids Market

    14.1. South Korea Metalworking Fluids Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    14.2. South Korea Metalworking Fluids Market, Segmentation By End-User Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    15. Western Europe Metalworking Fluids Market

    15.1. Western Europe Metalworking Fluids Market Overview

    15.2. Western Europe Metalworking Fluids Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    15.3. Western Europe Metalworking Fluids Market, Segmentation By End-User Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    16. UK Metalworking Fluids Market

    16.1. UK Metalworking Fluids Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    16.2. UK Metalworking Fluids Market, Segmentation By End-User Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    17. Germany Metalworking Fluids Market

    17.1. Germany Metalworking Fluids Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    17.2. Germany Metalworking Fluids Market, Segmentation By End-User Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    18. France Metalworking Fluids Market

    18.4. France Metalworking Fluids Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    18.5. France Metalworking Fluids Market, Segmentation By End-User Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    19. Eastern Europe Metalworking Fluids Market

    19.1. Eastern Europe Metalworking Fluids Market Overview

    19.2. Eastern Europe Metalworking Fluids Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    19.3. Eastern Europe Metalworking Fluids Market, Segmentation By End-User Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    20. Russia Metalworking Fluids Market

    20.1. Russia Metalworking Fluids Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    20.2. Russia Metalworking Fluids Market, Segmentation By End-User Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    21. North America Metalworking Fluids Market

    21.1. North America Metalworking Fluids Market Overview

    21.2. North America Metalworking Fluids Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    21.3. North America Metalworking Fluids Market, Segmentation By End-User Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    22. USA Metalworking Fluids Market

    22.1. USA Metalworking Fluids Market Overview

    22.2. USA Metalworking Fluids Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    22.3. USA Metalworking Fluids Market, Segmentation By End-User Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    23. South America Metalworking Fluids Market

    23.1. South America Metalworking Fluids Market Overview

    23.2. South America Metalworking Fluids Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    23.3. South America Metalworking Fluids Market, Segmentation By End-User Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    24. Brazil Metalworking Fluids Market

    24.1. Brazil Metalworking Fluids Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    24.2. Brazil Metalworking Fluids Market, Segmentation By End-User Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    25. Middle East Metalworking Fluids Market

    25.1. Middle East Metalworking Fluids Market Overview

    25.2. Middle East Metalworking Fluids Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    25.3. Middle East Metalworking Fluids Market, Segmentation By End-User Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    26. Africa Metalworking Fluids Market

    26.1. Africa Metalworking Fluids Market Overview

    26.2. Africa Metalworking Fluids Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    26.3. Africa Metalworking Fluids Market, Segmentation By End-User Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    27. Metalworking Fluids Market Competitive Landscape And Company Profiles

    27.1. Metalworking Fluids Market Competitive Landscape

    27.2. Metalworking Fluids Market Company Profiles

    27.2.1. Exxon Mobil Corporation

    27.2.1.1. Overview

    27.2.1.2. Products and Services

    27.2.1.3. Strategy

    27.2.1.4. Financial Performance

    27.2.2. TotalEnergies

    27.2.2.1. Overview

    27.2.2.2. Products and Services

    27.2.2.3. Strategy

    27.2.2.4. Financial Performance

    27.2.3. Houghton International Inc.

    27.2.3.1. Overview

    27.2.3.2. Products and Services

    27.2.3.3. Strategy

    27.2.3.4. Financial Performance

    27.2.4. Henkel

    27.2.4.1. Overview

    27.2.4.2. Products and Services

    27.2.4.3. Strategy

    27.2.4.4. Financial Performance

    27.2.5. Fuchs Petrolub

    27.2.5.1. Overview

    27.2.5.2. Products and Services

    27.2.5.3. Strategy

    27.2.5.4. Financial Performance

    28. Key Mergers And Acquisitions In The Metalworking Fluids Market

    29. Metalworking Fluids Market Future Outlook and Potential Analysis

    30. Appendix

    30.1. Abbreviations

    30.2. Currencies

    30.3. Research Inquiries

    30.4. The Business Research Company

    30.5. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2016-2021, $ Billion
  • Table 2: Global Forecast Market Growth, 2021-2026F, 2031F, $ Billion
  • Table 3: Global Metalworking Fluids Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 4: Global Metalworking Fluids Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 5: Global Metalworking Fluids Market, Segmentation By End-User Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 6: Global Metalworking Fluids Market, Split By Region, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 7: Global Metalworking Fluids Market, Split By Country, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 8: Asia-Pacific, Metalworking Fluids Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 9: Asia-Pacific, Metalworking Fluids Market, Segmentation By End-User Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 10: China, Metalworking Fluids Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 11: China, Metalworking Fluids Market, Segmentation By End-User Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 12: India, Metalworking Fluids Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 13: India, Metalworking Fluids Market, Segmentation By End-User Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 14: Japan, Metalworking Fluids Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 15: Japan, Metalworking Fluids Market, Segmentation By End-User Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 16: Australia, Metalworking Fluids Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 17: Australia, Metalworking Fluids Market, Segmentation By End-User Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 18: Indonesia, Metalworking Fluids Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 19: Indonesia, Metalworking Fluids Market, Segmentation By End-User Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 20: South Korea, Metalworking Fluids Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 21: South Korea, Metalworking Fluids Market, Segmentation By End-User Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 22: Western Europe, Metalworking Fluids Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 23: Western Europe, Metalworking Fluids Market, Segmentation By End-User Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 24: UK, Metalworking Fluids Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 25: UK, Metalworking Fluids Market, Segmentation By End-User Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 26: Germany, Metalworking Fluids Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 27: Germany, Metalworking Fluids Market, Segmentation By End-User Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 28: France, Metalworking Fluids Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 29: France, Metalworking Fluids Market, Segmentation By End-User Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 30: Eastern Europe, Metalworking Fluids Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 31: Eastern Europe, Metalworking Fluids Market, Segmentation By End-User Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 32: Russia, Metalworking Fluids Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 33: Russia, Metalworking Fluids Market, Segmentation By End-User Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 34: North America, Metalworking Fluids Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 35: North America, Metalworking Fluids Market, Segmentation By End-User Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 36: USA, Metalworking Fluids Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 37: USA, Metalworking Fluids Market, Segmentation By End-User Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 38: South America, Metalworking Fluids Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 39: South America, Metalworking Fluids Market, Segmentation By End-User Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 40: Brazil, Metalworking Fluids Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 41: Brazil, Metalworking Fluids Market, Segmentation By End-User Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 42: Middle East, Metalworking Fluids Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 43: Middle East, Metalworking Fluids Market, Segmentation By End-User Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 44: Africa, Metalworking Fluids Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 45: Africa, Metalworking Fluids Market, Segmentation By End-User Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 46: Exxon Mobil Corporation Financial Performance
  • Table 47: TotalEnergies Financial Performance
  • Table 48: Houghton International Inc. Financial Performance
  • Table 49: Henkel Financial Performance
  • Table 50: Fuchs Petrolub Financial Performance

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