PUBLISHER: QYResearch | PRODUCT CODE: 1234336
PUBLISHER: QYResearch | PRODUCT CODE: 1234336
Due to the COVID-19 pandemic, the global Metal Working Fluids market size was US$ 8,319.8 million in 2022 and is forecast to a readjusted size of US$ 8,456.6 million by 2029 with a CAGR of 1.00% during the forecast period 2023-2029. Fully considering the economic change by this health crisis, Metal Removal Fluids accounting for 49.84% of the Metal Working Fluids global market in 2022, is projected to value US$ 4,273.8 million by 2029, growing at a revised 1.09% CAGR from 2023 to 2029. While Machinery segment is altered to 1.16% CAGR throughout this forecast period.
The United States Metal Working Fluids market size was US$ 1,829.4 million in 2022, while China was US$ 1,785.9 million. The proportion of the United States was 21.99% in 2022, while Chinese percentage was 21.39%, and it is predicted that China share will reach 22.40% in 2029, trailing a CAGR of 1.60% through the analysis period.
The global key manufacturers of Metal Working Fluids include: Quaker Houghton, Exxon Mobil, Fuchs, BP Castrol, Henkel, Yushiro Chemical, Idemitsu Kosan, Blaser Swisslube, and TotalEnergies, etc. In 2022, the global top five players occupied for a share approximately 38.46% in terms of revenue.
The global Metal Working Fluids market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Metal Working Fluids market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2018-2029.