Global Metalworking Fluids Market Value of USD 9.74 Billion by 2020 - Analysis, Trends & Opportunities 2016-2020 - Key Vendors: Fuchs Petolub AG, Houghton International, Total SA
DUBLIN, February 22, 2016 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/mll8cw/metalworking) has announced the addition of the "Metalworking Fluids Market by Product Type (Removal, Forming, Protection, and Treating Fluids), by End-Use Application (Transport Equipment, Machinery, Metal Fabrication, Primary Ferrous, and Non-Ferrous,), by Region - Global Forecast to 2020" report to their offering.
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This comprehensive report predicts the global metalworking fluids market size to reach a value of USD 9.74 Billion by 2020. Metalworking fluids have good viscosity to temperature behavior and are stable at high and low temperatures. Moreover, metalworking fluids also have good chemical resistance. The market is expected to be driven by the rapidly growing automotive industries.
Metalworking fluids, on the basis of product type, have been categorized into removal fluids, protecting fluids, forming fluids, and treating fluids. Removal fluid has dominance in the global market with demand arising from automotive and metal fabrication industries. Increasing automotive production in developing countries will increase the use of gear oils, thereby increasing the demand for industrial hydraulic and metalworking fluids. Asia-Pacific is the fastest-growing market for metalworking fluids due to the rising demand for efficient metalworking fluids from automotive manufacturers and OEMs.
Break-up of the profiles of the primary participants for the report:
- By Company Type - Tier 1 - 31%, Tier 2 - 36%, and Tier 3 - 33%
- By Designation - C Level - 37%, Director Level - 33%, Others - 30%
- By Region - North America - 28%, Europe - 29%, Asia - Pacific - 23%, and RoW - 20%
Some of the salient features of this report include:
- Porter's Five Force Analysis
- Value Chain Analysis
- Market Segmentation (Product Type, End-Use Industry, and Region) by Volume and Value
- Competitor Analysis
- Detailed Information on Strategic Developments in the Industry
Companies Mentioned:
- BP PLC
- Chevron Corp.
- Exxonmobil Corp.
- Fuchs Petolub AG
- Houghton International Inc.
- Idemitsu Kosan Co. Ltd
- Lubrizol Corp.
- Lukoil Oil Co.
- Sinopec Ltd.
- Total S.A.
Report Structure:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Metalworking Fluids Market, By Product Type
8 Metalworking Fluids Market, By End-Use Industry
9 Metalworking Fluids Market, By Region
10 Competitive Landscape
11 Company Profiles
12 Appendix
For more information visit http://www.researchandmarkets.com/research/mll8cw/metalworking
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