Metal Working Fluids (MWF) Market in APAC 2015-2019

  • Published: Jul 2015
  • Pages: 86
  • SKU: IRTNTR6519
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About MWF
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.

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

Key Vendors
• BP (Castrol) 
• Houghton International
• Idemitsu Kosan 
• Quaker Chemical
• Yushiro Chemical Industry 

Other Prominent Vendors
• Apar
• Bharat Petroleum 
• Blaser Swisslube 
• Cosmo Oil
• Daido Chemical Engineering
• Exxon Mobil
• Francool Technologies
• Fuchs Petrolub
• Guangzhou Mechanical Engineering Research Institute
• HPCL
• IOCL
• JX Nippon 
• Kyodo Yushi
• Lubrizol
• Master Chemical
• Milacron Holdings
• NS Lubricants
• SAMHWA Lube
• Shanghai Parker Chemical
• SK Group
• Suzhou Special Chemicals
• Total Lubricants   

Key Market Driver
• Growth of Automotive Sector in China
• For a full, detailed list, view our report

Key Market Challenge
• Vulnerability to Microbial Attack
• For a full, detailed list, view our report

Key Market Trend
• Increased Adoption of Near Dry Machining
• For a full, detailed list, view our report

Key Questions Answered in this Report
• What will the market size be in 2019 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

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Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
Technavio

TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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