Materials & Chemicals

Metal Working Fluids Market in APAC 2015-2019

  • TEC250982
  • 86 Pages
  • July 2015
  • Materials & Chemicals
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?
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