North America Grinding Fluids Market Size, Share & Industry Trends Analysis Report By Application (Disk Drivers, Lubricate Machine Tools, Metal Substrates, Silicon Wafer, and Others), By Type, By Country and Growth Forecast, 2023

Description

List of Tables

The North America Grinding Fluids Market would witness market growth of 3.1% CAGR during the forecast period (2023-2030). In the year 2019, the North America market's volume surged to 64.94 Kilo Tonnes, showcasing a growth of 2.9% (2019-2022).

A growing emphasis on sustainability has driven the development of environmentally friendly grinding fluid formulations. This involves reducing or eliminating hazardous chemicals while maintaining or enhancing performance. Bio-based fluids, vegetable oils, and water-based formulations are gaining traction as alternatives to traditional oil-based fluids. Nano-fluids, which incorporate nanoparticles into the fluid matrix, is emerging as a frontier in grinding fluid technology.

These nanoparticles enhance lubrication at the cutting interface, improving efficiency and reducing friction. Nanoparticles like graphene and nanodiamonds are being explored to achieve superior heat dissipation and tool life performance. Using grinding fluids helps minimize the risk of thermal damage and ensures the production of high-precision components. Grinding fluids are vital in tool and die manufacturing, where intricate shapes and fine details are essential. They contribute to the longevity of cutting tools and ensure the maintenance of sharp edges. Additionally, they assist in preventing tool corrosion and facilitate the efficient removal of metal particles during grinding.

Furthermore, according to the Canadian government, Canada is one of the world's top 12 producers of light vehicles. With a $12.5 billion contribution to GDP in 2020, it is one of Canada's largest automotive manufacturing sectors. An increase in vehicle production accompanies the growth of the automotive manufacturing sector in Canada. As more automobiles are produced, the demand for precision machining processes like grinding rises. Grinding fluids are crucial in achieving the required tolerances and surface finishes in producing automotive components. Therefore, the factors mentioned above will propel the market growth in this region.

The US market dominated the North America Grinding Fluids Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $153.1 million by 2030. The Canada market is showcasing a CAGR of 5.4% during (2023 - 2030). Additionally, The Mexico market would register a CAGR of 4.5% during (2023 - 2030).

Based on Application, the market is segmented into Disk Drivers, Lubricate Machine Tools, Metal Substrates, Silicon Wafer, and Others. Based on Type, the market is segmented into Synthetic, Semi-Synthetic, Water-Soluble, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Benz Oil, Inc. (AMSOIL INC.), Carborundum Universal Limited (Murugappa Group), Castrol Ltd. (BP P.L.C.), Cutting & Grinding Fluids, Inc., EnviroServe Chemicals, Inc., ETNA Products, Incorporated, Exxon Mobil Corporation, FUCHS Petrolub SE, Lincoln Chemical Corporation, and TotalEnergies SE.

Scope of the Study

Market Segments covered in the Report:

By Application (Volume, Kilo Tonnes, USD Million, 2019-2030)

Disk Drivers
Lubricate Machine Tools
Metal Substrates
Silicon Wafer
Others

By Type (Volume, Kilo Tonnes, USD Million, 2019-2030)

Synthetic
Semi-Synthetic
Water-Soluble
Others

By Country (Volume, Kilo Tonnes, USD Million, 2019-2030)

US
Canada
Mexico
Rest of North America

Companies Profiled

Benz Oil, Inc. (AMSOIL INC.)
Carborundum Universal Limited (Murugappa Group)
Castrol Ltd. (BP P.L.C.)
Cutting & Grinding Fluids, Inc.
EnviroServe Chemicals, Inc.
ETNA Products, Incorporated
Exxon Mobil Corporation
FUCHS Petrolub SE
Lincoln Chemical Corporation
TotalEnergies SE

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Chapter 1. Market Scope & Methodology

1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
- 1.4.1 North America Grinding Fluids Market, by Application
- 1.4.2 North America Grinding Fluids Market, by Type
- 1.4.3 North America Grinding Fluids Market, by Country
1.5 Methodology for the research

Chapter 2. Market At a Glance

2.1 Key Highlights

Chapter 3. Market Overview

3.1 Introduction
- 3.1.1 Overview
  - 3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
3.3 Porter's Five Forces Analysis

Chapter 4. North America Grinding Fluids Market by Application

4.1 North America Disk Drivers Market by Country
4.2 North America Lubricate Machine Tools Market by Country
4.3 North America Metal Substrates Market by Country
4.4 North America Silicon Wafer Market by Country
4.5 North America Others Market by Country

Chapter 5. North America Grinding Fluids Market by Type

5.1 North America Synthetic Market by Country
5.2 North America Semi-Synthetic Market by Country
5.3 North America Water-Soluble Market by Country
5.4 North America Others Market by Country

Chapter 6. North America Grinding Fluids Market by Country

6.1 US Grinding Fluids Market
- 6.1.1 US Grinding Fluids Market by Application
- 6.1.2 US Grinding Fluids Market by Type
6.2 Canada Grinding Fluids Market
- 6.2.1 Canada Grinding Fluids Market by Application
- 6.2.2 Canada Grinding Fluids Market by Type
6.3 Mexico Grinding Fluids Market
- 6.3.1 Mexico Grinding Fluids Market by Application
- 6.3.2 Mexico Grinding Fluids Market by Type
6.4 Rest of North America Grinding Fluids Market
- 6.4.1 Rest of North America Grinding Fluids Market by Application
- 6.4.2 Rest of North America Grinding Fluids Market by Type

Chapter 7. Company Profiles

7.1 Benz Oil, Inc. (AMSOIL INC.)
- 7.1.1 Company Overview
- 7.1.2 Recent strategies and developments:
  - 7.1.2.1 Partnerships, Collaborations, and Agreements:
- 7.1.3 SWOT Analysis
7.2 Carborundum Universal Limited (Murugappa Group)
- 7.2.1 Company Overview
- 7.2.2 Financial Analysis
- 7.2.3 Segmental and Regional Analysis
- 7.2.4 Research & Development Expenses
- 7.2.5 SWOT Analysis
7.3 Castrol Ltd. (BP P.L.C.)
- 7.3.1 Company Overview
- 7.3.2 Financial Analysis
- 7.3.3 Segmental and Regional Analysis
- 7.3.4 Research & Development Expenses
- 7.3.5 Recent strategies and developments:
  - 7.3.5.1 Partnerships, Collaborations, and Agreements:
- 7.3.6 SWOT Analysis
7.4 Cutting & Grinding Fluids, Inc.
- 7.4.1 Company Overview
- 7.4.2 SWOT Analysis
7.5 EnviroServe Chemicals, Inc.
- 7.5.1 Company Overview
- 7.5.2 SWOT Analysis
7.6 ETNA Products, Incorporated.
- 7.6.1 Company Overview
- 7.6.2 Recent strategies and developments:
  - 7.6.2.1 Acquisition and Mergers:
- 7.6.3 SWOT Analysis
7.7 Exxon Mobil Corporation
- 7.7.1 Company Overview
- 7.7.2 Financial Analysis
- 7.7.3 Segmental and Regional Analysis
- 7.7.4 Research & Development Expenses
- 7.7.5 Recent strategies and developments:
  - 7.7.5.1 Geographical Expansions:
- 7.7.6 SWOT Analysis
7.8 Fuchs Petrolub SE
- 7.8.1 Company Overview
- 7.8.2 Financial Analysis
- 7.8.3 Regional Analysis
- 7.8.4 Research & Development Expenses
- 7.8.5 Recent strategies and developments:
  - 7.8.5.1 Product Launches and Product Expansions:
- 7.8.6 SWOT Analysis
7.9 Lincoln Chemical Corporation
- 7.9.1 Company Overview
- 7.9.2 SWOT Analysis
7.10. TotalEnergies SE
- 7.10.1 Company Overview
- 7.10.2 Financial Analysis
- 7.10.3 Segmental and Regional Analysis
- 7.10.4 Research & Development Expenses
- 7.10.5 SWOT Analysis

LIST OF TABLES

TABLE 1 North America Grinding Fluids Market, 2019 - 2022, USD Million
TABLE 2 North America Grinding Fluids Market, 2023 - 2030, USD Million
TABLE 3 North America Grinding Fluids Market, 2019 - 2022, Kilo Tonnes
TABLE 4 North America Grinding Fluids Market, 2023 - 2030, Kilo Tonnes
TABLE 5 North America Grinding Fluids Market by Application, 2019 - 2022, USD Million
TABLE 6 North America Grinding Fluids Market by Application, 2023 - 2030, USD Million
TABLE 7 North America Grinding Fluids Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 8 North America Grinding Fluids Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 9 North America Disk Drivers Market by Country, 2019 - 2022, USD Million
TABLE 10 North America Disk Drivers Market by Country, 2023 - 2030, USD Million
TABLE 11 North America Disk Drivers Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 12 North America Disk Drivers Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 13 North America Lubricate Machine Tools Market by Country, 2019 - 2022, USD Million
TABLE 14 North America Lubricate Machine Tools Market by Country, 2023 - 2030, USD Million
TABLE 15 North America Lubricate Machine Tools Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 16 North America Lubricate Machine Tools Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 17 North America Metal Substrates Market by Country, 2019 - 2022, USD Million
TABLE 18 North America Metal Substrates Market by Country, 2023 - 2030, USD Million
TABLE 19 North America Metal Substrates Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 20 North America Metal Substrates Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 21 North America Silicon Wafer Market by Country, 2019 - 2022, USD Million
TABLE 22 North America Silicon Wafer Market by Country, 2023 - 2030, USD Million
TABLE 23 North America Silicon Wafer Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 24 North America Silicon Wafer Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 25 North America Others Market by Country, 2019 - 2022, USD Million
TABLE 26 North America Others Market by Country, 2023 - 2030, USD Million
TABLE 27 North America Others Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 28 North America Others Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 29 North America Grinding Fluids Market by Type, 2019 - 2022, USD Million
TABLE 30 North America Grinding Fluids Market by Type, 2023 - 2030, USD Million
TABLE 31 North America Grinding Fluids Market by Type, 2019 - 2022, Kilo Tonnes
TABLE 32 North America Grinding Fluids Market by Type, 2023 - 2030, Kilo Tonnes
TABLE 33 North America Synthetic Market by Country, 2019 - 2022, USD Million
TABLE 34 North America Synthetic Market by Country, 2023 - 2030, USD Million
TABLE 35 North America Synthetic Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 36 North America Synthetic Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 37 North America Semi-Synthetic Market by Country, 2019 - 2022, USD Million
TABLE 38 North America Semi-Synthetic Market by Country, 2023 - 2030, USD Million
TABLE 39 North America Semi-Synthetic Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 40 North America Semi-Synthetic Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 41 North America Water-Soluble Market by Country, 2019 - 2022, USD Million
TABLE 42 North America Water-Soluble Market by Country, 2023 - 2030, USD Million
TABLE 43 North America Water-Soluble Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 44 North America Water-Soluble Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 45 North America Others Market by Country, 2019 - 2022, USD Million
TABLE 46 North America Others Market by Country, 2023 - 2030, USD Million
TABLE 47 North America Others Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 48 North America Others Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 49 North America Grinding Fluids Market by Country, 2019 - 2022, USD Million
TABLE 50 North America Grinding Fluids Market by Country, 2023 - 2030, USD Million
TABLE 51 North America Grinding Fluids Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 52 North America Grinding Fluids Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 53 US Grinding Fluids Market, 2019 - 2022, USD Million
TABLE 54 US Grinding Fluids Market, 2023 - 2030, USD Million
TABLE 55 US Grinding Fluids Market, 2019 - 2022, Kilo Tonnes
TABLE 56 US Grinding Fluids Market, 2023 - 2030, Kilo Tonnes
TABLE 57 US Grinding Fluids Market by Application, 2019 - 2022, USD Million
TABLE 58 US Grinding Fluids Market by Application, 2023 - 2030, USD Million
TABLE 59 US Grinding Fluids Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 60 US Grinding Fluids Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 61 US Grinding Fluids Market by Type, 2019 - 2022, USD Million
TABLE 62 US Grinding Fluids Market by Type, 2023 - 2030, USD Million
TABLE 63 US Grinding Fluids Market by Type, 2019 - 2022, Kilo Tonnes
TABLE 64 US Grinding Fluids Market by Type, 2023 - 2030, Kilo Tonnes
TABLE 65 Canada Grinding Fluids Market, 2019 - 2022, USD Million
TABLE 66 Canada Grinding Fluids Market, 2023 - 2030, USD Million
TABLE 67 Canada Grinding Fluids Market, 2019 - 2022, Kilo Tonnes
TABLE 68 Canada Grinding Fluids Market, 2023 - 2030, Kilo Tonnes
TABLE 69 Canada Grinding Fluids Market by Application, 2019 - 2022, USD Million
TABLE 70 Canada Grinding Fluids Market by Application, 2023 - 2030, USD Million
TABLE 71 Canada Grinding Fluids Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 72 Canada Grinding Fluids Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 73 Canada Grinding Fluids Market by Type, 2019 - 2022, USD Million
TABLE 74 Canada Grinding Fluids Market by Type, 2023 - 2030, USD Million
TABLE 75 Canada Grinding Fluids Market by Type, 2019 - 2022, Kilo Tonnes
TABLE 76 Canada Grinding Fluids Market by Type, 2023 - 2030, Kilo Tonnes
TABLE 77 Mexico Grinding Fluids Market, 2019 - 2022, USD Million
TABLE 78 Mexico Grinding Fluids Market, 2023 - 2030, USD Million
TABLE 79 Mexico Grinding Fluids Market, 2019 - 2022, Kilo Tonnes
TABLE 80 Mexico Grinding Fluids Market, 2023 - 2030, Kilo Tonnes
TABLE 81 Mexico Grinding Fluids Market by Application, 2019 - 2022, USD Million
TABLE 82 Mexico Grinding Fluids Market by Application, 2023 - 2030, USD Million
TABLE 83 Mexico Grinding Fluids Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 84 Mexico Grinding Fluids Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 85 Mexico Grinding Fluids Market by Type, 2019 - 2022, USD Million
TABLE 86 Mexico Grinding Fluids Market by Type, 2023 - 2030, USD Million
TABLE 87 Mexico Grinding Fluids Market by Type, 2019 - 2022, Kilo Tonnes
TABLE 88 Mexico Grinding Fluids Market by Type, 2023 - 2030, Kilo Tonnes
TABLE 89 Rest of North America Grinding Fluids Market, 2019 - 2022, USD Million
TABLE 90 Rest of North America Grinding Fluids Market, 2023 - 2030, USD Million
TABLE 91 Rest of North America Grinding Fluids Market, 2019 - 2022, Kilo Tonnes
TABLE 92 Rest of North America Grinding Fluids Market, 2023 - 2030, Kilo Tonnes
TABLE 93 Rest of North America Grinding Fluids Market by Application, 2019 - 2022, USD Million
TABLE 94 Rest of North America Grinding Fluids Market by Application, 2023 - 2030, USD Million
TABLE 95 Rest of North America Grinding Fluids Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 96 Rest of North America Grinding Fluids Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 97 Rest of North America Grinding Fluids Market by Type, 2019 - 2022, USD Million
TABLE 98 Rest of North America Grinding Fluids Market by Type, 2023 - 2030, USD Million
TABLE 99 Rest of North America Grinding Fluids Market by Type, 2019 - 2022, Kilo Tonnes
TABLE 100 Rest of North America Grinding Fluids Market by Type, 2023 - 2030, Kilo Tonnes
TABLE 101 Key Information - Benz oil, Inc.
TABLE 102 Key Information - Carborundum Universal Limited
TABLE 103 Key Information - Castrol Ltd.
TABLE 104 Key Information - Cutting & Grinding Fluids, Inc.
TABLE 105 Key Information - EnviroServe Chemicals, Inc
TABLE 106 Key Information - ETNA Products, Incorporated.
TABLE 107 Key Information - Exxon Mobil Corporation
TABLE 108 Key Information - FUCHS petrolub SE
TABLE 109 Key Information - Lincoln Chemical Corporation
TABLE 110 Key Information - TotalEnergies SE

North America Grinding Fluids Market Size, Share & Industry Trends Analysis Report By Application (Disk Drivers, Lubricate Machine Tools, Metal Substrates, Silicon Wafer, and Others), By Type, By Country and Growth Forecast, 2023 - 2030