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Global Metalworking Fluids Market is expected to reach $11.15 billion by 2022 growing at a CAGR of 3.9%

Global Metalworking Fluids Market is expected to reach $11.15 billion by 2022 growing at a CAGR of 3.9%

Orbis Research
OrbisResearch.com has published new research report on “Metalworking Fluids-Global Market Outlook (2015-2022)” to its database.

According tStratistics MRC, the Global Metalworking Fluids Market is accounted for $8.52 billion in 2015 and is expected treach $11.15 billion by 2022 growing at a CAGR of 3.9% during the forecast period. Growth of automobile and heavy machinery industries in emerging economies is one of the key factors driving the market growth. On the other hand, reduction in metal parts by automakers and OEM’s is hindering the market.

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Owing tits rising consumption in coolants, cutting oils and grinding fluids, removal fluids is expected tgrow at a significant rate. Asia Pacific is the largest market driven by the robust manufacturing base in China and India. Strong government initiatives tsupport the manufacturing sector in China have led tan enhanced production, which is anticipated thave an optimistic impact on the industry.

Some of the key players in the market include Apar Industries, BP PLC, Chevron Corp., Exxonmobil Corp., Fuchs Petolub AG, Hindustan Petroleum Corporation Limited, Houghton International Inc., Idemitsu Kosan Co. Ltd, Kuwait Petroleum International, Lubrizol Corp., Lukoil Oil Co., Quaker Chemical Corporation, Royal Dutch Shell Plc, Sinopec Ltd and Total S.A.

Material Covered:

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Application Covered:
Friction modifiers
Corrosion inhibitors
Solid lubrication

Product Type Covered:
Protecting Fluids 
Treating Fluids
Removal Fluids 
Forming Fluids

Regions Covered:
North America
Rest of Europe 
Asia Pacific
New Zealand 
Rest of Asia Pacific
Rest of the World
Middle East
South Africa

What our report offers:
– Market share assessments for the regional and country level segments
– Market share analysis of the top industry players 
– Strategic recommendations for the new entrants
– Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
– Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
– Strategic recommendations in key business segments based on the market estimations
– Competitive landscaping mapping the key common trends
– Company profiling with detailed strategies, financials, and recent developments
– Supply chain trends mapping the latest technological advancements

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