Global Metalworking Fluids Market 2024-2028

The metalworking fluids market is forecasted to grow by USD 2089.3 mn during 2023-2028, accelerating at a CAGR of 3.2% during the forecast period. The report on the metalworking fluids market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing industrialization in emerging economies, innovations in metalworking fluid formulations, and shift towards adoption of sustainable and eco-friendly metalworking fluid formulations.

Market Scope
Base Year	2024
End Year	2028
Series Year	2024-2028
Growth Momentum	Accelerate
YOY 2024	3.1%
CAGR	3.2%
Incremental Value	$2089.3 mn

Technavio's metalworking fluids market is segmented as below:

By End-user

Construction
Automobile
Aerospace
Electrical and power
Others

By Product

Mineral
Synthetic
Bio-based

By Geographical Landscape

APAC
North America
Europe
Middle East and Africa
South America

This study identifies the emergence of bio-based metalworking fluids as one of the prime reasons driving the metalworking fluids market growth during the next few years. Also, increase in mergers and acquisitions activities and increasing adoption of industry 4.0 technologies for monitoring and optimizing metalworking processes will lead to sizable demand in the market.

The report on the metalworking fluids market covers the following areas:

Metalworking Fluids Market sizing
Metalworking Fluids Market forecast
Metalworking Fluids Market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading metalworking fluids market vendors that include Abitec, AMILE Industries Pvt. Ltd, Apar Industries Ltd., Arabian Petroleum Ltd., BASF SE, Benz oil Inc., Callington Haven Pty Ltd, Carborundum Universal Ltd., Chevron Corp., Exxon Mobil Corp., FUCHS SE, Gandhar Oil Refinery India Ltd., GP Global, Grauer and Weil India Ltd., Illinois Tool Works Inc., Lonza Group Ltd., Master Fluid Solutions, Saudi Arabian Oil Co., Sun Chem Pvt Ltd., and Victory Polychem Pvt. Ltd.. Also, the metalworking fluids market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Product Code: IRTNTR76282

1 Executive Summary

1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Global Market Characteristics
- Executive Summary - Chart on Market By Geographical Landscape
- Executive Summary - Chart on Market Segmentation by End-user
- Executive Summary - Chart on Market Segmentation by Product
- Executive Summary - Chart on Incremental Growth
- Executive Summary - Data Table on Incremental Growth
- Executive Summary - Chart on Company Market Positioning

2 Market Landscape

2.1 Market ecosystem
- Parent Market
- Data Table on - Parent Market
2.2 Market characteristics
- Market characteristics analysis
2.3 Value chain analysis
- Value Chain Analysis

3 Market Sizing

3.1 Market definition
- Offerings of companies included in the market definition
3.2 Market segment analysis
- Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
- Chart on Global - Market size and forecast 2023-2028 ($ million)
- Data Table on Global - Market size and forecast 2023-2028 ($ million)
- Chart on Global Market: Year-over-year growth 2023-2028 (%)
- Data Table on Global Market: Year-over-year growth 2023-2028 (%)

4 Historic Market Size

4.1 Global Metalworking Fluids Market 2018 - 2022
- Historic Market Size - Data Table on Global Metalworking Fluids Market 2018 - 2022 ($ million)
4.2 End-user segment analysis 2018 - 2022
- Historic Market Size - End-user Segment 2018 - 2022 ($ million)
4.3 Product segment analysis 2018 - 2022
- Historic Market Size - Product Segment 2018 - 2022 ($ million)
4.4 Geography segment analysis 2018 - 2022
- Historic Market Size - Geography Segment 2018 - 2022 ($ million)
4.5 Country segment analysis 2018 - 2022
- Historic Market Size - Country Segment 2018 - 2022 ($ million)

5 Five Forces Analysis

5.1 Five forces summary
- Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
- Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by End-user

6.1 Market segments
- Chart on End-user - Market share 2023-2028 (%)
- Data Table on End-user - Market share 2023-2028 (%)
6.2 Comparison by End-user
- Chart on Comparison by End-user
- Data Table on Comparison by End-user
6.3 Construction - Market size and forecast 2023-2028
- Chart on Construction - Market size and forecast 2023-2028 ($ million)
- Data Table on Construction - Market size and forecast 2023-2028 ($ million)
- Chart on Construction - Year-over-year growth 2023-2028 (%)
- Data Table on Construction - Year-over-year growth 2023-2028 (%)
6.4 Automobile - Market size and forecast 2023-2028
- Chart on Automobile - Market size and forecast 2023-2028 ($ million)
- Data Table on Automobile - Market size and forecast 2023-2028 ($ million)
- Chart on Automobile - Year-over-year growth 2023-2028 (%)
- Data Table on Automobile - Year-over-year growth 2023-2028 (%)
6.5 Aerospace - Market size and forecast 2023-2028
- Chart on Aerospace - Market size and forecast 2023-2028 ($ million)
- Data Table on Aerospace - Market size and forecast 2023-2028 ($ million)
- Chart on Aerospace - Year-over-year growth 2023-2028 (%)
- Data Table on Aerospace - Year-over-year growth 2023-2028 (%)
6.6 Electrical and power - Market size and forecast 2023-2028
- Chart on Electrical and power - Market size and forecast 2023-2028 ($ million)
- Data Table on Electrical and power - Market size and forecast 2023-2028 ($ million)
- Chart on Electrical and power - Year-over-year growth 2023-2028 (%)
- Data Table on Electrical and power - Year-over-year growth 2023-2028 (%)
6.7 Others - Market size and forecast 2023-2028
- Chart on Others - Market size and forecast 2023-2028 ($ million)
- Data Table on Others - Market size and forecast 2023-2028 ($ million)
- Chart on Others - Year-over-year growth 2023-2028 (%)
- Data Table on Others - Year-over-year growth 2023-2028 (%)
6.8 Market opportunity by End-user
- Market opportunity by End-user ($ million)
- Data Table on Market opportunity by End-user ($ million)

7 Market Segmentation by Product

7.1 Market segments
- Chart on Product - Market share 2023-2028 (%)
- Data Table on Product - Market share 2023-2028 (%)
7.2 Comparison by Product
- Chart on Comparison by Product
- Data Table on Comparison by Product
7.3 Mineral - Market size and forecast 2023-2028
- Chart on Mineral - Market size and forecast 2023-2028 ($ million)
- Data Table on Mineral - Market size and forecast 2023-2028 ($ million)
- Chart on Mineral - Year-over-year growth 2023-2028 (%)
- Data Table on Mineral - Year-over-year growth 2023-2028 (%)
7.4 Synthetic - Market size and forecast 2023-2028
- Chart on Synthetic - Market size and forecast 2023-2028 ($ million)
- Data Table on Synthetic - Market size and forecast 2023-2028 ($ million)
- Chart on Synthetic - Year-over-year growth 2023-2028 (%)
- Data Table on Synthetic - Year-over-year growth 2023-2028 (%)
7.5 Bio-based - Market size and forecast 2023-2028
- Chart on Bio-based - Market size and forecast 2023-2028 ($ million)
- Data Table on Bio-based - Market size and forecast 2023-2028 ($ million)
- Chart on Bio-based - Year-over-year growth 2023-2028 (%)
- Data Table on Bio-based - Year-over-year growth 2023-2028 (%)
7.6 Market opportunity by Product
- Market opportunity by Product ($ million)
- Data Table on Market opportunity by Product ($ million)

8 Customer Landscape

8.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
- Chart on Market share By Geographical Landscape 2023-2028 (%)
- Data Table on Market share By Geographical Landscape 2023-2028 (%)
9.2 Geographic comparison
- Chart on Geographic comparison
- Data Table on Geographic comparison
9.3 APAC - Market size and forecast 2023-2028
- Chart on APAC - Market size and forecast 2023-2028 ($ million)
- Data Table on APAC - Market size and forecast 2023-2028 ($ million)
- Chart on APAC - Year-over-year growth 2023-2028 (%)
- Data Table on APAC - Year-over-year growth 2023-2028 (%)
9.4 North America - Market size and forecast 2023-2028
- Chart on North America - Market size and forecast 2023-2028 ($ million)
- Data Table on North America - Market size and forecast 2023-2028 ($ million)
- Chart on North America - Year-over-year growth 2023-2028 (%)
- Data Table on North America - Year-over-year growth 2023-2028 (%)
9.5 Europe - Market size and forecast 2023-2028
- Chart on Europe - Market size and forecast 2023-2028 ($ million)
- Data Table on Europe - Market size and forecast 2023-2028 ($ million)
- Chart on Europe - Year-over-year growth 2023-2028 (%)
- Data Table on Europe - Year-over-year growth 2023-2028 (%)
9.6 Middle East and Africa - Market size and forecast 2023-2028
- Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
- Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
- Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
9.7 South America - Market size and forecast 2023-2028
- Chart on South America - Market size and forecast 2023-2028 ($ million)
- Data Table on South America - Market size and forecast 2023-2028 ($ million)
- Chart on South America - Year-over-year growth 2023-2028 (%)
- Data Table on South America - Year-over-year growth 2023-2028 (%)
9.8 US - Market size and forecast 2023-2028
- Chart on US - Market size and forecast 2023-2028 ($ million)
- Data Table on US - Market size and forecast 2023-2028 ($ million)
- Chart on US - Year-over-year growth 2023-2028 (%)
- Data Table on US - Year-over-year growth 2023-2028 (%)
9.9 China - Market size and forecast 2023-2028
- Chart on China - Market size and forecast 2023-2028 ($ million)
- Data Table on China - Market size and forecast 2023-2028 ($ million)
- Chart on China - Year-over-year growth 2023-2028 (%)
- Data Table on China - Year-over-year growth 2023-2028 (%)
9.10 Germany - Market size and forecast 2023-2028
- Chart on Germany - Market size and forecast 2023-2028 ($ million)
- Data Table on Germany - Market size and forecast 2023-2028 ($ million)
- Chart on Germany - Year-over-year growth 2023-2028 (%)
- Data Table on Germany - Year-over-year growth 2023-2028 (%)
9.11 UK - Market size and forecast 2023-2028
- Chart on UK - Market size and forecast 2023-2028 ($ million)
- Data Table on UK - Market size and forecast 2023-2028 ($ million)
- Chart on UK - Year-over-year growth 2023-2028 (%)
- Data Table on UK - Year-over-year growth 2023-2028 (%)
9.12 Japan - Market size and forecast 2023-2028
- Chart on Japan - Market size and forecast 2023-2028 ($ million)
- Data Table on Japan - Market size and forecast 2023-2028 ($ million)
- Chart on Japan - Year-over-year growth 2023-2028 (%)
- Data Table on Japan - Year-over-year growth 2023-2028 (%)
9.13 Market opportunity By Geographical Landscape
- Market opportunity By Geographical Landscape ($ million)
- Data Tables on Market opportunity By Geographical Landscape ($ million)

10 Drivers, Challenges, and Opportunity/Restraints

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2023 and 2028
10.4 Market opportunities/restraints

11 Competitive Landscape

11.1 Overview
11.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation
11.3 Landscape disruption
- Overview on factors of disruption
11.4 Industry risks
- Impact of key risks on business

12 Competitive Analysis

12.1 Companies profiled
- Companies covered
12.2 Market positioning of companies
- Matrix on companies position and classification
12.3 Abitec
- Abitec - Overview
- Abitec - Product / Service
- Abitec - Key offerings
12.4 Apar Industries Ltd.
- Apar Industries Ltd. - Overview
- Apar Industries Ltd. - Business segments
- Apar Industries Ltd. - Key offerings
- Apar Industries Ltd. - Segment focus
12.5 Arabian Petroleum Ltd.
- Arabian Petroleum Ltd. - Overview
- Arabian Petroleum Ltd. - Product / Service
- Arabian Petroleum Ltd. - Key offerings
12.6 BASF SE
- BASF SE - Overview
- BASF SE - Business segments
- BASF SE - Key news
- BASF SE - Key offerings
- BASF SE - Segment focus
12.7 Benz oil Inc.
- Benz oil Inc. - Overview
- Benz oil Inc. - Product / Service
- Benz oil Inc. - Key offerings
12.8 Carborundum Universal Ltd.
- Carborundum Universal Ltd. - Overview
- Carborundum Universal Ltd. - Business segments
- Carborundum Universal Ltd. - Key offerings
- Carborundum Universal Ltd. - Segment focus
12.9 Chevron Corp.
- Chevron Corp. - Overview
- Chevron Corp. - Business segments
- Chevron Corp. - Key news
- Chevron Corp. - Key offerings
- Chevron Corp. - Segment focus
12.10 Exxon Mobil Corp.
- Exxon Mobil Corp. - Overview
- Exxon Mobil Corp. - Business segments
- Exxon Mobil Corp. - Key news
- Exxon Mobil Corp. - Key offerings
- Exxon Mobil Corp. - Segment focus
12.11 FUCHS SE
- FUCHS SE - Overview
- FUCHS SE - Business segments
- FUCHS SE - Key news
- FUCHS SE - Key offerings
- FUCHS SE - Segment focus
12.12 Gandhar Oil Refinery India Ltd.
- Gandhar Oil Refinery India Ltd. - Overview
- Gandhar Oil Refinery India Ltd. - Product / Service
- Gandhar Oil Refinery India Ltd. - Key offerings
12.13 GP Global
- GP Global - Overview
- GP Global - Product / Service
- GP Global - Key offerings
12.14 Grauer and Weil India Ltd.
- Grauer and Weil India Ltd. - Overview
- Grauer and Weil India Ltd. - Business segments
- Grauer and Weil India Ltd. - Key offerings
- Grauer and Weil India Ltd. - Segment focus
12.15 Lonza Group Ltd.
- Lonza Group Ltd. - Overview
- Lonza Group Ltd. - Business segments
- Lonza Group Ltd. - Key news
- Lonza Group Ltd. - Key offerings
- Lonza Group Ltd. - Segment focus
12.16 Saudi Arabian Oil Co.
- Saudi Arabian Oil Co. - Overview
- Saudi Arabian Oil Co. - Product / Service
- Saudi Arabian Oil Co. - Key offerings
12.17 Victory Polychem Pvt. Ltd.
- Victory Polychem Pvt. Ltd. - Overview
- Victory Polychem Pvt. Ltd. - Product / Service
- Victory Polychem Pvt. Ltd. - Key offerings

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist
13.3 Currency conversion rates for US$
- Currency conversion rates for US$
13.4 Research methodology
- Research methodology
13.5 Data procurement
- Information sources
13.6 Data validation
- Data validation
13.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing
13.8 Data synthesis
- Data synthesis
13.9 360 degree market analysis
- 360 degree market analysis
13.10 List of abbreviations
- List of abbreviations