Metalworking Fluids industry analysis research and trends report for 2017-2024

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Analysis of Metalworking Fluids Market
applications and companies active in the
industry
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Global Market Scenario of Tallow Fatty Acids
Industry

• Metalworking Fluids Market has become a
  billion-value industry due to high demand for the
  cutting fluids in the automotive sector.
• The growth in the automobile industry will
  positively impact the metalworking fluids
  industry trends, as metals are broadly used in
  automobiles for providing the physical and
  molecular strength.
• According to Global Market Insights, Inc.,
  Metalworking Fluids Market size worth USD 9.85
  billion in 2015, is estimated to grow at a CAGR
  of 4.6 over the period of 2015-2024.
• Metalworking fluids are used as coolants or
  lubricants in workshop machining process like
  turning, drilling, metal forming, metal treating
  protecting, etc. performing crucial tasks of
  cooling down metalworking assemblies and
  enhancing the vehicles life by increasing
  lubrication and reducing thermal deformation.

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Continued...

• Changing consumer preferences and strict
  regulations will bring a fundamental shift in
  metalworking fluids market.
• Stringent regulations intended to minimize the
  health and environmental risk associated with the
  use of metalworking fluids will bring a paradigm
  shift from the use of synthetic metalworking
  fluids towards the applications of bio-based
  metalworking fluids.
• Over the years, metalworking fluid technology has
  witnessed considerable advancements witnessing a
  wide range of applications in machining
  processes. Specific types of metalworking fluids
  are being deployed across various machining
  operations to enhance its efficiency or
  productivity.

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U.S Metalworking Fluids Market size, by
application, 2013-2024 (USD million)
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360 Analysis

• Global Metalworking Fluids Market, By Application
• The global metalworking fluids market size for
  protecting was valued more than over USD 1.2
  billion in 2015. These fluids form an effective
  thin film between metal surface and contaminants
  such as air, water and other corrosion-forming
  particles. Thus, these are also employed for
  protecting applications across various industries
  including automotive and metal fabrication.
• Global Metalworking Fluids Market, By Region
• North America, led particularly by the U.S.
  metalworking fluids market size generated revenue
  at over USD 2.5 billion in 2015. Recovering OEM
  and automotive manufacturing post economic
  downturn is one the key factor positively
  influencing regional growth by 2024. Europe
  metalworking fluids market share is analyzed to
  experience 4 growth by 2024. Presence of major
  automotive manufacturers in Germany will
  complement business growth.

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