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Published Date: 2016-04-04Number of Pages: 126

Metalworking Fluids Market for Removal, Forming, Protecting and Treating Applications - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024

Global Metalworking Fluids Market: Snapshot

Also sometimes termed as cutting fluids, metalworking fluids are used as lubricants and coolants fabrication, machining, and other metalworking processes. Among the consumers, the growing inclination toward synthetic fluids that contain lubricants is a reflection of their benefits over conventional fluids, owing to their advanced functions and forms. Moreover, metalworking fluids offer improved tramp oil control, are accurate in measuring concentration, extend pump life by reducing oil contamination, reduce mist, resist fire, and generate less form. Overall, the improved efficiency and performance under load in low viscosity formulations is driving the demand in the global metalworking fluids market, although the premium cost of these fluids and low consumption to concentration ratio is obstructing the market from achieving its complete profitability.

The global metalworking fluids market had an evaluated opportunities worth US$9.91 bn in 2015, and is estimated to reach a valuation of US$14.78 bn by the end of 2024, rising at a 4.6% during the forecast period of 2016 to 2024. Application in various end-use industries such as automation, metal fabrication, steel, and original equipment manufacturers (OEM) are favoring the market expansion, although environmental issues and health risk to workers is hindering the growth rate.

Automotive Industry Maintains Removal Fluids as Most Important Application Segment

Application-wise, the global metalworking fluids market is segmented into removal fluids, protecting fluids, treating fluids, and forming fluids. Out of these, removal fluids application segment accounted for the maximum shares at 50.8% in 2014, and is expected to remain dominant throughout the forecast period. Metalworking fluids are used widely in the metalworking process in industries such as automotive and metal fabrication. The fluids are generally employed in applications such as metal removal, metal forming, metal protecting, and metal treating. In terms of volume, the removal fluids application segment is projected to reach 1,876.1 kilo tons by 2024.

North America Remains Most Profitable Region

Region-wise, the global metalworking fluids market is segmented into North America, Latin America, Asia Pacific, Europe, and the Middle East and Africa. In terms of volume, North America accounted for the maximum 26.1% shares in 2014. Country-wise, the U.S. contributed to nearly three-fourth of the demand from North America, with removal fluids holding the position of most in-demand application segment. The metalworking fluids market in North America is projected to expand at a steady pace compared to the global growth rate, primarily due to the increasing application of removal fluids and forming fluids in the region. Asia Pacific is estimated to expand at the most prominent growth rate, owing to thriving automotive industry, with China producing most of the demand for metalworking fluids.

The global metalworking fluids market is fragmented in nature with the presence of several global players, and emergence of a number of domestic players who are providing products of similar quality to eat into the global shares. Exxon Mobil Corporation, FUCHS, and Houghton are three of the leading global players in this market who held maximum shares in 2014. LUKOIL Lubricants Company, Chevron Phillips Chemical Company, Castrol Limited, The Lubrizol Corporation, Total, and Chem Arrow Corporation are some of the other prominent players in the global market for metalworking fluids.


Chapter 1 Preface
1.1 Report Description
1.2 Research Scope
1.3 Assumptions
1.4 Market Segmentation
1.5 Research Methodology

Chapter 2 Executive Summary
2.1 Global Metalworking Fluids Market, 2014 - 2024, (Kilo Tons) (US$ Mn)
2.2 Metalworking Fluids: Market Snapshot 

Chapter 3 Metalworking Fluids Market – Industry Analysis
3.1 Introduction
3.2 Value Chain Analysis
3.3 Market Drivers
     3.3.1 Growing Automotive Industry Expected to Drive Global Metalworking Fluids Market
     3.3.2 Growing Steel & Metal Fabrication Industry Expected to Drive Global Metalworking Fluids Market
3.4 Restraints
     3.4.1 Environmental issues and Health Risk to Workers May Hamper the market Growth of Metalworking fluids.
3.5 Opportunity
     3.5.1 Bio-based metalworking fluids to provide new opportunities for metalworking fluids
3.6 Porter’s Five Forces Analysis
     3.6.1 Bargaining Power of Suppliers
     3.6.2 Bargaining Power of Buyers
     3.6.3 Threat of New Entrants
     3.6.4 Threat of Substitutes
     3.6.5 Degree of Competition
3.7 Metalworking Fluids: Market Attractiveness Analysis
     3.7.1 Attractiveness Analysis: By Application type
     3.7.2 Attractiveness Analysis: By Country
3.8 Metalworking Fluids Market: Company Market Share Analysis, 2014

Chapter 4 Price Trend Analysis
4.1 Metalworking Fluids Price Trend, 2014-2024 (US$/Ton)

Chapter 5 Metalworking Fluids Market – Application Segment Analysis
5.1 Global Metalworking Fluids Market for Removal Fluids Application, 2014-2024 (Kilo Tons) (US$ Mn)
5.2 Global Metalworking Fluids Market for Forming Fluids Application, 2014-2024 (Kilo Tons) (US$ Mn)
5.3 Global Metalworking Fluids Market for Protecting Fluids Application, 2014-2024 (Kilo Tons) (US$ Mn)
5.4 Global Metalworking Fluids Market for Treating Fluids Application, 2014-2024 (Kilo Tons) (US$ Mn)

Chapter 6 Global Metalworking Fluids Market: Regional Analysis
6.1 Global Metalworking Fluids Market: Regional Overview
6.2 North America Metalworking Fluids Market, 2014 and 2024
     6.2.1 North America Metalworking Fluids Market Volume, Application Segment Analysis, 2014-2024 (Kilo Tons)
     6.2.2 North America Metalworking Fluids Market Revenue, Application Segment Analysis, 2014-2024 (US$ Mn)
     6.2.3 U.S. Metalworking Fluids Market Volume, Application Segment Analysis, 2014-2024 (Kilo Tons)
     6.2.4 U.S. Metalworking Fluids Market Revenue, Application Segment Analysis, 2014-2024 (US$ Mn)
     6.2.5 Rest of North America Metalworking Fluids Market Volume, Application Segment Analysis, 2014-2024 (Kilo Tons)
     6.2.6 Rest of North America Metalworking Fluids Market Revenue, Application Segment Analysis, 2014-2024 (US$ Mn)
6.3 Europe Metalworking Fluids Market, 2014 and 2024
     6.3.1 Europe Metalworking Fluids Market Volume, by Application Segment, 2014-2024 (Kilo Tons)
     6.3.2 Europe Metalworking Fluids Market Revenue, by Application Segment, 2014-2024 (US$ Mn)
     6.3.3 Germany Metalworking Fluids Market Volume, by Application Segment, 2014-2024 (Kilo Tons)
     6.3.4 Germany Metalworking Fluids Market Revenue, by Application Segment, 2014-2024 (US$ Mn)
     6.3.5 UK Metalworking Fluids Market Volume, by Application Segment, 2014-2024 (Kilo Tons)
     6.3.4 UK Metalworking Fluids Market Revenue, by Application Segment, 2014-2024 (US$ Mn)
     6.3.5 Spain Metalworking Fluids Market Volume, by Application Segment, 2014-2024 (Kilo Tons)
     6.3.6 Spain Metalworking Fluids Market Revenue, by Application Segment, 2014-2024 (US$ Mn)
     6.3.7 France Metalworking Fluids Market Volume, by Application Segment, 2014-2024 (Kilo Tons)
     6.3.8 France Metalworking Fluids Market Revenue, by Application Segment, 2014-2024 (US$ Mn)
     6.3.9 Italy Metalworking Fluids Market Volume, by Application Segment, 2014-2024 (Kilo Tons)
     6.3.10 Italy Metalworking Fluids Market Revenue, by Application Segment, 2014-2024 (US$ Mn)
     6.3.11 Rest of Europe Metalworking Fluids Market Volume, by Application Segment, 2014-2024 (Kilo Tons)
     6.3.12 Rest of Europe Metalworking Fluids Market Revenue, by Application Segment, 2014-2024 (US$ Mn)
6.4 Asia Pacific Metalworking Fluids Market, 2014 and 2024
     6.4.1 Asia Pacific Metalworking Fluids Market Volume, by Application Segment, 2014-2024 (Kilo Tons)
     6.4.2 Asia Pacific Metalworking Fluids Market Revenue, by Application Segment, 2014-2024 (US$ Mn)
     6.4.3 China Metalworking Fluids Market Volume, by Application Segment, 2014-2024 (Kilo Tons)
     6.4.4 China Metalworking Fluids Market Revenue, by Application Segment, 2014-2024 (US$ Mn)
     6.4.5 Japan Metalworking Fluids Market Volume, by Application Segment, 2014-2024 (Kilo Tons)
     6.4.6 Japan Metalworking Fluids Market Revenue, by Application Segment, 2014-2024 (US$ Mn)
     6.4.6 ASEAN Metalworking Fluids Market Volume, by Application Segment, 2014-2024 (Kilo Tons)
     6.4.7 ASEAN Metalworking Fluids Market Revenue, by Application Segment, 2014-2024 (US$ Mn)
     6.4.8 Rest of Asia Pacific Metalworking Fluids Market Volume, by Application Segment, 2014-2024 (Kilo Tons)
     6.4.9 Rest of Asia Pacific Metalworking Fluids Market Revenue, by Application Segment, 2014-2024 (US$ Mn)
6.5 Latin America Metalworking Fluids Market, 2014 and 2024
     6.5.1 Latin America Metalworking Fluids Market Volume, by Application Segment, 2014-2024 (Kilo Tons)
     6.5.2 Latin America Metalworking Fluids Market Revenue, by Application Segment, 2014-2024 (US$ Mn)
     6.5.3 Brazil Metalworking Fluids Market Volume, by Application Segment, 2014-2024 (Kilo Tons)
     6.5.4 Brazil Metalworking Fluids Market Revenue, by Application Segment, 2014-2024 (US$ Mn)
     6.5.5 Rest of Latin America Metalworking Fluids Market Volume, by Application Segment, 2014-2024 (Kilo Tons)
     6.5.6 Rest of Latin America Metalworking Fluids Market Revenue, by Application Segment, 2014-2024 (US$ Mn)
6.6 Middle East & Africa Metalworking Fluids Market, 2014 and 2024
     6.6.1 Middle East & Africa Metalworking Fluids Market Volume, by Application Segment, 2014-2024 (Kilo Tons)
     6.6.2 Middle East & Africa Metalworking Fluids Market Revenue, by Applications Segment, 2014-2024 (US$ Mn)
     6.6.3 GCC Metalworking Fluids Market Volume, by Application Segment, 2014-2024 (Kilo Tons)
     6.6.4 GCC Metalworking Fluids Market Revenue, by Applications Segment, 2014-2024 (US$ Mn)
     6.6.5 South Africa Metalworking Fluids Market Volume, by Application Segment, 2014-2024 (Kilo Tons)
     6.6.6 South Africa Metalworking Fluids Market Revenue, by Applications Segment, 2014-2024 (US$ Mn)
     6.6.7 Rest of Middle East & Africa Metalworking Fluids Market Volume, by Application Segment, 2014-2024 (Kilo Tons)
     6.6.8 Rest of Middle East & Africa Metalworking Fluids Market Revenue, by Applications Segment, 2014-2024 (US$ Mn)

Chapter 7 Company Profiles
7.1 Apar Industries Ltd
7.2 Castrol Limited
7.3 Chevron Phillips Chemical Company LP
7.4 Chem Arrow Corporation
7.5 Exxon Mobil Corporation
7.6 FUCHS
7.7 Houghton
7.8 Lukoil Lubricants
7.9 The Lubrizol Corporation
7.10 Total
7.11 Others

Chapter 8 Primary Research – Key Findings

Chapter 9 List of Customers

 

Metalworking fluids are also known as cutting fluids. They are used as coolant and lubricants in metalworking processes such as machining and fabrications. They are different types of metalworking fluids employed in different applications such as metal removal, metal forming, metal protecting and metal protecting fluids. Based on the applications metalworking fluids are segmented into different types. Metalworking fluids are manufactured from different process and different raw materials such as petroleum distillates, animal fats, plant oil, air and water.

The report comprises in-depth analysis and forecast of the metalworking fluids market on a global as well as regional level. The report includes forecast for the period from 2016 to 2024 in terms of volume (kilo tons) and revenue (US$ Mn). Quantitative data has been derived through extensive secondary research of the global metalworking fluids market. Secondary sources typically include company websites, relevant magazines, government documents, and press releases. The top-down approach has been adopted to derive the regional numbers from global revenue and volume figures. Furthermore, the bottom-up approach has been employed to derive data for various application segments based on demand for metalworking fluids in each geographic segment. A combination of top-down and bottom-up approaches helps in validation of the quantitative data of the market. The data was further validated with the help of primary research with industry experts to ensure accuracy of derived numbers.

Detailed analysis of various factors driving the global metalworking fluids market has been included for astute decision making. Impact of these drivers during the forecast period has been included with data to substantiate research findings. Furthermore, factors restraining market growth have been included for better understanding of the market. Impact of these restraints has been analyzed over the forecast period. The report also comprises various opportunities available for market growth over the next eight years. Opportunities entail untapped or recently explored factors that are anticipated to drive the metalworking fluids market during the forecast period.

The report includes value chain analysis to help understand the industry thoroughly. Value chain analysis comprises detailed evaluation of the roles of various entities involved in the metalworking fluids industry, from raw material suppliers to end-users. Various processes employed in the manufacture of metalworking fluids have been included in the value chain analysis. Porter’s Five Forces model has been employed to determine the degree of competition in the market during the forecast period. Company market share analysis has been included for better understanding of the competitive landscape. Company market share analysis includes the market share of dominant players in 2015, based on their production capacities and other factors. Furthermore, market attractiveness analysis has been conducted to analyze application segments that are expected to be lucrative during the forecast period. This is based on various factors such as market size, growth rate, profitability, raw material procurement, and competition in each application segment.

Based on application type, the metalworking fluids market has been segmented into removal fluids, forming fluids, protecting fluids and protecting fluids. The report comprises detailed analysis of all the segments in the regional and global markets and forecast based on current and future trends in the industry in terms of volume (kilo tons) and revenue (US$ Mn). In terms of region, the market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Demand for metalworking fluids in each of its application segment has been analyzed and forecast for a period of eight years.

The report also comprises profiles of leading companies in the metalworking fluids market. These include Castrol Limited, Exxon Mobil Corporation, FUCHS, and Houghton. Various attributes of these companies such as company overview, business strategies, and recent developments form the core of the company profiles section. 

This report segments the global Metalworking Fluids market as follows:

  • Metalworking Fluids Market – Application Analysis
    • Removal Fluids
    • Forming Fluids
    • Protecting Fluids
    • Treating Fluids
  • Metalworking Fluids Market - Regional Analysis
    • North America
      • U.S.
      • Rest of North America
    • Europe
      • U.K.
      • Spain
      • France
      • Germany
      • Italy
      • Rest of Europe
    • Asia Pacific
      • China
      • Japan
      • ASEAN
      • Rest of Asia Pacific
    • Latin America
      • Brazil
      • Rest of Latin America
    • Middle East & Africa (MEA)
      • GCC countries
      • South Africa
      • Rest of MEA


 
 
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