NEW YORK , Oct. 30, 2024 /PRNewswire/ -- Report on how AI is driving market transformation - The global metalworking fluids market size is estimated to grow by USD 2.09 billion from 2024-2028, according to Technavio.
The market is estimated to grow at a CAGR of 3.2% during the forecast period. Increasing industrialization in emerging economies is driving market growth, with a trend towards emergence of bio-based metalworking fluids.
However, environmental impact of metalworking fluids poses a challenge.Key market players include Abitec, AMILE Industries Pvt. Ltd, Apar Industries Ltd.
, Arabian Petroleum Ltd., BASF SE, Benz oil Inc., Callington Haven Pty Ltd, Carborundum Universal Ltd.
, Chevron Corp., Exxon Mobil Corp., FUCHS SE, Gandhar Oil Refinery India Ltd.
, GP , Grauer and Weil India Ltd., Illinois Tool Works Inc., Lonza Group Ltd.
, Master Fluid Solutions, Saudi Arabian Oil Co., Sun Chem Pvt Ltd., and Victory Polychem Pvt.
Ltd.. AI-Powered Market Evolution Insights.
Our comprehensive market report ready with the latest trends, growth opportunities, and strategic analysis- View your snapshot now Forecast period 2024-2028 Base Year 2023 Historic Data 2018 - 2022 Segment Covered End-user (Construction, Automobile, Aerospace, Electrical and power, and Others), Product (Mineral, Synthetic, and Bio-based), and Geography (APAC, North America, Europe, Middle East and Africa, and South America) Region Covered APAC, North America, Europe, Middle East and Africa, and South America Ke.