NEW YORK, Sept. 2, 2015 /PRNewswire/ -- About Removal Fluids
Removal fluids are lubricating oils used to lower the temperature of metallic pieces while undergoing industrial processes, such as machining, grinding, milling, stamping, and forging. They are used to reduce heat and friction between cutting or machining tools and the metallic piece being worked upon to prevent burning, smoking, or damage to both. These fluids enhance the overall quality of the finished product by constantly removing metal chips during the process.
Removal fluids are used in various industrial and commercial sectors for fabrication purposes.
The market is expected to grow at a constant rate during the forecast period because of the increasing demand for these products from APAC. The market is also expected to benefit from the growing usage of these by manufacturers in the fabricated metal products market because of reduction in their overall production costs.
Technavio's analysts forecast the global removal fluids market to grow at a CAGR of 2.95% in terms of revenue over the period 2014-2019.
Covered in this Report
The global removal fluids market can be divided based on application into the following: transportation equipment, machinery, fabricated metal products, and others.
Technavio's report, Global Removal Fluids Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, EMEA, and APAC; it also covers the global removal fluids market landscape and its growth prospects in the coming years. The report also includes a discussion on the key vendors operating in this market.
Key Regions
- Americas
- APAC
- EMEA
Key Vendors
- BP (Castrol)
- Houghton International
- Idemitsu Kosan
- Quaker Chemical
- Yushiro Chemical Industry
Other Prominent Vendors
- Apar
- Blaser Swisslube
- Chevron
- Columbia Petro
- Cosmo Oil
- Daido Chemical Engineering
- Exxon Mobil
- Francool Technologies
- Fuchs Petrolub
- Gazprom
- Guangzhou Mechanical Engineering Research Institute
- HPCL
- IOCL
- JX Nippon
- Kyodo Yushi
- Lubrizol
- Lukoil
- Master Chemical
- Milacron Holdings
- NS Lubricants
- Pertamina
- SAMHWA Lube
- Shanghai Parker Chemical
- Sinopec
- SK Group
- Suzhou Special Chemicals
- Total Lubricants
Market Driver
- Increased Demand from Chinese Automotive Sector
- For a full, detailed list, view our report
Market Challenge
- Susceptibility to Microbial Attack
- For a full, detailed list, view our report
Market Trend
- Changes in Distribution Channels
- For a full, detailed list, view our report
Key Questions Answered in this Report
- What will the market size be in 2019 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
Read the full report: http://www.reportlinker.com/p03170232-summary/view-report.html
About Reportlinker
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