Delray Beach, FL, June 19, 2025 (GLOBE NEWSWIRE) — In terms of value, the Metalworking Fluids Market is estimated to grow from USD 12.2 billion in 2024 to USD 14.7 billion by 2029, at a CAGR of 3.7%, as per the recent study by MarketsandMarkets™. Metalworking fluids market have grown as the demand from automotive industry, and high-performance machinery is mounted immensely worldwide in the last two decades. These factors drive the metalworking fluids market. The market for metalworking fluids is expanding due to the increase in demand for sophisticated machinery since these fluids are essential for maximizing the longevity and performance of machining operations.
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Browse in-depth TOC on “Metalworking Fluids Market”
310 – Market Data Tables
59 – Figures
266 – Pages
List of Key Players in Metalworking Fluids Market:
- Quaker Houghton (US)
- Exxon Mobil Corporation (US)
- BP p.l.c. (UK)
- TotalEnergies SE (France)
- FUCHS (Germany)
- Idemitsu Kosan Co., Ltd. (Japan)
- Chevron Corporation (US)
- Chem Arrow Corporation (US)
- LUKOIL (Russia)
- China Petroleum & Chemical Corporation (SINOPEC) (China)
- Valvoline Inc. (US)
Drivers, Opportunities and Challenges in Metalworking Fluids Market:
- Drivers: Increasing demand from automotive production
- Restraint: Growing demand of electric vehicles
- Opportunity: Product innovation and differentiation
- Challenge: Strict environmental norms
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Key Findings of the Study:
- Soluble oils are projected to register the highest CAGR, in terms of value, of the global metalworking fluids market during the forecast period.
- Forming fluids is estimated to be the second-largest product type of metalworking fluids market, in terms of value, during the forecast period.
- Transport equipment manufacturing …