Metal Working Fluids Market in Apac 2015-2019

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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.

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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

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