"Innovative Market Solutions to Help Businesses Make Informed Decisions"

Cutting Fluid market size, share & industry analysis, By type (Water Based Cutting Fluids, Neat Oils), By Application (Metal Working, Oil & Gas , Automotive , General Manufacturing, Others), By Source (Bio-Based, Synthetic Based) and regional forecast 2023-2030

Region : Global | Report ID: FBI103772 | Status : Ongoing

 

KEY INDUSTRY INSIGHTS

Cutting fluid is a type of fluid  that is utilized in many commercial processes such as stamping, friction  and digging as a metalworking solvent. Cutting fluids are specifically engineered to stop these fluids from cracking and tearing, increasing the reliability of the devices involved. Fluid-cutting mainly regulates temperature by calming and also serves as a lubricant to lubricate the the work interface. The function of cutting fluids is very essential for achieving higher productivity levels and productivity gains, as the number of possibilities impact any element 's ultimate coating.


Strong demand from the automotive industry would generate significant potential for the fluid-cutting market. Expansive use of cutting fluid in the automotive sector, leading to various characteristics such as lightweight, easy construction, mechanical reliability and chemical resistance attacks, as well as practical thermal conductivity, has contributed to the rise of cutting fluid in the market. However, problems such as rising cost of raw materials and development, and fierce competition from composite materials, serve as constraints on the growth of the cutting fluid industry.


Key Market Driver -

Growth in automobile industry drives the market.

Key Market Restraint -

High prices and high competition restrict the market growth


Market Segmentation:


Based on product type, the market for global cutting fluid  is further segmented into water based cutting fluids and neat oils. Based on source, the market for global cutting fluid  is further segmented into continuous carbon fiber, long carbon fiber, and short carbon fiber. Based on source bio-based and synthetic based. Based on application, the market for global cutting fluid  is further segmented into metal working, oil & gas, automotive, general manufacturing and others. From a geographical standpoint, the market is categorized into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.


Key Players Covered:


The global cutting fluid market is fairly fragmented, with a number of global & regional players operating. Some of the key players in the global cutting fluid  market Exxon Mobil Corporation, Idemitsu Kosan, Chevron Corporation, Total S.A., Quaker Chemical Corporation, Fuchs Petrolub SE, Eni S.p.A, Blaser Swisslube, Pro Oils, Houghton International Inc. and others.


Key Insights



  • New Advancements in Production Technologies

  • Key Trends in the Global Cutting Fluid  Market

  • New Product Launches, Expansions, Key Players

  • Ranking of Key Players in the Market


Regional Analysis:


In terms of Geography, the global Cutting Fluid  market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia-Pacific region dominates the global cutting fluid  market.  The rising demand from the automotive industry for cutting fluid is one of the most significant factors driving the growth of the Asia Pacific market for cutting fluids. Strong growth from the North American car industry is estimated to drive growth. In contrast, Europe's powerful manufacturing industry is expected to result in increased demand for fluid-cutting. With the emergence of many local producers in blend with population growth, substantial increase in the automotive sector , in addition to the buying power of individuals, has contributed to increases in demand in these regions. Whereas regions of the Middle East & Africa and Latin America will see rapid growth over the forecast period. Attributed to growing demand in the automotive sector for the product in the automotive sector, the market has expanded considerably.


To gain extensive insights into the market, Request for Customization


Segmentation


























 ATTRIBUTE


  DETAILS

By Product type




  • Water Based Cutting Fluids

  • Neat Oils



By Source




  • Bio-Based

  • Synthetic Based



By Application




  • Metal Working

  • Oil & Gas

  • Automotive

  • General Manufacturing

  • Others



By Geography




  • North America (USA, Canada)

  • Europe (UK, Germany, France, Italy, Spain, Russia and Rest of Europe)

  • Asia Pacific (Japan, China, Taiwan, India, South Korea, Southeast Asia and Rest of Asia Pacific)

  • Latin America (Brazil, Mexico, Rest of Latin America)

  • Middle East & Africa (South Africa, GCC and Rest of the Middle East & Africa)



Global Cutting Fluid Industry Developments



  • In October 2015, Idemitsu Co. Kosan Japanese petroleum company Ltd. has announced that its output capacity has been expanded in China for greater reach. This strategic move was required to meet the growing demand in Asia-Pacific for lubricants with increased production processes


  • Ongoing
  • 2021
  • 2018-2020

    CHOOSE LICENSE TYPE

  • $4850
    $5850
    $7850

Personalize this Research

  • Granular Research on Specified Regions or Segments
  • Companies Profiled based on User Requirement
  • Broader Insights Pertaining to a Specific Segment or Region
  • Breaking Down Competitive Landscape as per Your Requirement
  • Other Specific Requirement on Customization
Request Customization Banner

Chemicals & Materials Clients

Petronas
Mckinsey
GM
3M
BASF

Client Testimonials

“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”

- One of the Leading Food Companies in Germany

“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”

- Intuitive Surgical

“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”

- Major Food Company in Japan

“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”

- Ziering Medical

“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”

- Major Manufacturer of Precision Machine Parts in India

“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”

- Hewlett-Packard

“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”

- Global Management Consulting Firm

“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”

- UK-based Start-up in the Medical Devices Sector

“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”

- One of the Largest Companies in the Defence Industry
We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . Privacy.
X