LONDON, Oct. 29, 2015 /PRNewswire/ -- About MWF
MWF are lubricating oils used to cool metallic work pieces when they are subject to industrial processes, such as machining, grinding, milling, stamping, and forging. MWF are added during the aforementioned and other industrial processes to reduce heat and friction between the cutting or machining tools and work pieces, and to prevent burning, smoking, and damage to tools and work pieces. These fluids also help in enhancing the overall quality of work pieces by constantly removing the metal chips from the tool used, and from work pieces. MWF are used for various industrial and commercial applications, such as fabrication of metal products, smooth working of machinery and transportation equipment, and processing of ferrous and non-ferrous primary metals. There are four categories of MWF: removal fluids, forming fluids, protection fluids and treating fluids.
Technavio's analysts forecast the MWF market in APAC to grow at a CAGR of 3.96% over the period 2014-2019.
Covered in this Report
The MWF market in APAC can be segmented on the basis of application into the following: transportation equipment, machinery, primary metals, fabricated metal products, and metal cans and others.
Technavio's report, MWF Market in APAC 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers China, Japan, India, South Korea, and the rest of APAC; it also covers the market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.
Key Regions
- China
- Japan
- India
- South Korea
- Rest of APAC
Key Vendors
- BP (Castrol)
- Houghton International
- Idemitsu Kosan
- Quaker Chemical
- Yushiro Chemical Industry
Other Prominent Vendors
- Apar
- Bharat Petroleum
- Blaser Swisslube
- Cosmo Oil
- Daido Chemical Engineering
- Exxon Mobil
- Francool Technologies
- Fuchs Petrolub
- Guangzhou Mechanical Engineering Research Institute
- HPCL
- IOCL
- JX Nippon
- Kyodo Yushi
- Lubrizol
- Master Chemical
- Milacron Holdings
- NS Lubricants
- SAMHWA Lube
- Shanghai Parker Chemical
- SK Group
- Suzhou Special Chemicals
- Total Lubricants
Key Market Driver
- Growth of Automotive Sector in China
- For a full, detailed list, view our report
Key Market Challenge
- Vulnerability to Microbial Attack
- For a full, detailed list, view our report
Key Market Trend
- Increased Adoption of Near Dry Machining
- 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?
Download the full report: https://www.reportbuyer.com/product/3112454/
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SOURCE ReportBuyer
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