DUBLIN--(BUSINESS WIRE)--The "Metalworking Fluids Market Analysis Report By Product (Mineral, Synthetic, Bio-based), By Application, By End Use (Machinery, Transportation Equipment, Metal Fabrication), By Industrial End-Use, And Segment Forecasts, 2018 - 2025" report has been added to ResearchAndMarkets.com's offering.
Demand for synthetic fluids is anticipated to experience sharp rise owing to their superior properties such as excellent surface finishing and increased tool life. Mineral-based oil is a traditionally used MWF and accounted for a volume share of 46.13% in 2017. It can be produced in large quantities owing to abundant availability, easy accessibility, and cost-effectiveness.
Biobased metalworking fluids are likely to witness steady growth in Europe on account of presence of stringent government legislation. For instance, REACH, a European legislation, requires MWF manufacturers to substitute harmful chemicals such as boron, formaldehyde, and chlorinated paraffins with environment-friendly alternatives. In order to comply with the European legislation norms, manufacturers are focused on producing MWFs that are free of boron, formaldehyde, and short- & medium-chain chlorinated paraffins. However, high cost of biobased products can pose a challenge to industry growth during the forecast period.
In 2017, Asia Pacific emerged as the leading market owing to existence of a significant consumer base, primarily in China and India. Globally, production of metals such as titanium and aluminum was dominated by China in 2017. Rising production of aluminum in China, due to production capacity expansion by several manufacturers, is expected to trigger the demand for metalworking fluids over the forecast period.
Key Topics Covered:
Chapter 2 Executive Summary
Chapter 3 Metalworking Fluids: Market Variables, Trends & Scope
Chapter 4 Metalworking Fluids: Product Estimates & Trend Analysis
Chapter 5 Metalworking Fluids: Application Estimates & Trend Analysis
Chapter 6 Metalworking Fluids: End-use Estimates & Trend Analysis
Chapter 7 Metalworking Fluids: Industrial End-use Estimates & Trend Analysis
Chapter 8 Metalworking Fluids: Regional Estimates & Trend Analysis
Chapter 9 Competitive Landscape
Chapter 10 Metalworking Fluids: Manufacturers Company Profiles
- AMADA HOLDINGS Co., Ltd.
- Ashok Leyland
- Carraro S.p.A.
- Caterpillar
- Cummins, Inc.
- Dalian Machine Tool Group Corporation
- Deere & Company
- Doosan Infracore
- EVS Metal
- Komatsu Ltd.
- Merrill Technologies Group
- Sandvik AB
- Schuler AG
- Shenyang Machine Tools Co., Ltd.
- Special Products & Mfg., Inc.
- TRUMPF
- Vernet Behringer
- Weiss GmbH
- Triton Manufacturing Co., Inc.
