ASIA PACIFIC METALWORKING FLUIDS MARKET FORECAST 2020-2028

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ASIA PACIFIC METALWORKING FLUIDS MARKET FORECAST 2020-2028

 The Asia Pacific metalworking fluids market is evaluated to emerge as the fastest-growing market and reach the highest CAGR of 3.60% over the estimated period, 2020-2028. The crucial factors driving the growth of the market are high growth in the base oil market, rapid industrialization, booming population, and urbanization, together with high growth in major end-use industries such as textiles, food processing, metalworking, and chemicals.

ASIA-PACIFIC METALWORKING FLUIDS MARKET FORECAST 2020-2028

Asia Pacific Metalworking Fluids Market by Product Type (Removal Fluids, Forming Fluids, Protecting Fluids, Treating Fluids) by Application Types (Transportation Equipment, Machinery, Fabricated Metal Products, Primary Metals, Metal Cans and Others) & by Geography

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The Asia Pacific metalworking fluids market is evaluated to emerge as the fastest-growing market and reach the highest CAGR of 3.60% over the estimated period, 2020-2028. The crucial factors driving the growth of the market are high growth in the base oil market, rapid industrialization, booming population, and urbanization, together with high growth in major end-use industries such as textiles, food processing, metalworking, and chemicals.

The analysis of the metalworking fluids market of Asia Pacific is done through the market regions of India, Australia & New Zealand, South Korea, Thailand, Japan, Vietnam, China, Indonesia, and the rest of Asia Pacific. China is the largest lubricant consumer in the world. With the growth of the construction industry, the demand for metalworking fluids used for heavy equipment in the construction sector is expected to increase. The entry of major construction players has further propelled the market. In Japan, the major industries contributing to the economy are automotive, textile, electronics, pharmaceutical, shipbuilding, and processed food industries, further establishing Japan as one of the major lubricant consumers in the world. In addition, the rise of residential construction and projects is boosting the market growth.

India is a rapidly developing economy with various end-use industries that are propelling the lubricant consumption in the market. The government of India has introduced various innovative schemes like ‘Make in India’ to support domestic manufacturing activities. In countries like South Korea, the construction sector is expected to witness substantial growth, owing to the stable business environment, market-oriented government policies, and efficient urban planning. Moreover, the government plans to invest in the construction of stadiums, residential hotels, and others, which will boost the demand for metalworking fluids in the construction sector.

Hindustan Petroleum Corp. Ltd., headquartered in Mumbai, India, is an integrated oil refining and marketing company. The company’s main petroleum products are diesel, gasoline, aviation turbine fuel, kerosene oil, naphtha, fuel oil, lubricants, greases, specialties, bitumen, and LPG.

 

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  1. RESEARCH SCOPE & METHODOLOGY
    • STUDY OBJECTIVES
    • SCOPE OF STUDY
    • METHODOLOGY
    • ASSUMPTIONS & LIMITATIONS
  2. EXECUTIVE SUMMARY
    • MARKET SIZE & ESTIMATES
    • MARKET OVERVIEW
  3. MARKET DYNAMICS
    • MARKET DEFINITION
    • KEY DRIVERS
      • GROWING DEMAND FROM THE TRANSPORTATION INDUSTRY
      • RISING DEMAND FOR INNOVATIVE PRODUCTS AND R&D ACTIVITIES
      • GROWING POPULARITY OF SYNTHETIC METALWORKING FLUIDS IN ASIA-PACIFIC
    • KEY RESTRAINTS
      • VULNERABLE TO MICROBIAL ATTACK
      • ENVIRONMENT, HEALTH, AND SAFETY ISSUES
      • IMPACT OF ELECTRIC VEHICLES (EVS) IN THE FUTURE
  1. KEY ANALYTICS
    • KEY INVESTMENT INSIGHTS
    • PORTER’S FIVE FORCE ANALYSIS
      • BUYER POWER
      • SUPPLIER POWER
      • SUBSTITUTION
      • NEW ENTRANTS
      • INDUSTRY RIVALRY
    • OPPORTUNITY MATRIX
    • VENDOR LANDSCAPE
    • KEY BUYING CRITERIA
      • COST
      • AVAILABILITY
      • REGULATIONS
  1. MARKET BY PRODUCT
    • REMOVAL FLUIDS
    • FORMING FLUIDS
    • PROTECTING FLUIDS
    • TREATING FLUIDS
  2. MARKET BY APPLICATION
    • TRANSPORTATION EQUIPMENT
    • MACHINERY
    • FABRICATED METAL PRODUCTS
    • PRIMARY METALS
    • METAL CANS AND OTHERS
  3. GEOGRAPHICAL ANALYSIS
    • ASIA PACIFIC
      • CHINA
      • JAPAN
      • INDIA
      • SOUTH KOREA
      • INDONESIA
      • THAILAND
      • VIETNAM
      • AUSTRALIA & NEW ZEALAND
      • REST OF ASIA PACIFIC
  1. COMPANY PROFILES
    • HOUGHTON INTERNATIONAL INC.
    • BLASER SWISSLUBE AG
    • BP PLC
    • EXXONMOBIL CORPORATION
    • TOTAL S.A.
    • FUCHS
    • QUAKER CHEMICAL CORPORATION
    • ENI SPA
    • CHEVRON CORPORATION
    • CRODA INTERNATIONAL PLC.
    • VEEDOL INTERNATIONAL LTD.
    • HINDUSTAN PETROLEUM CORPORATION LTD.
    • MASTER FLUID SOLUTIONS
    • HARDCASTLE PETROFER
    • ZELLER + GMELIN GMBH CO. KG

 

TABLE LIST 

TABLE 1: MARKET SNAPSHOT – METALWORKING FLUIDS

TABLE 2: ASIA PACIFIC METALWORKING FLUIDS MARKET, BY PRODUCT, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)

TABLE 3: ASIA PACIFIC METALWORKING FLUIDS MARKET, BY PRODUCT, FORECAST YEARS, 2020-2028 (IN $ MILLION)

TABLE 4: ASIA PACIFIC METALWORKING FLUIDS MARKET, BY APPLICATION, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)

TABLE 5: ASIA PACIFIC METALWORKING FLUIDS MARKET, BY APPLICATION, FORECAST YEARS, 2020-2028 (IN $ MILLION)

TABLE 6: ASIA PACIFIC METALWORKING FLUIDS MARKET, BY COUNTRY, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)

TABLE 7: ASIA PACIFIC METALWORKING FLUIDS MARKET, BY COUNTRY, FORECAST YEARS, 2020-2028 (IN $ MILLION)

FIGURES LIST 

FIGURE 1: KEY INVESTMENT INSIGHTS

FIGURE 2: PORTER’S FIVE FORCE ANALYSIS

FIGURE 3: OPPORTUNITY MATRIX

FIGURE 4: VENDOR LANDSCAPE

FIGURE 5: KEY BUYING CRITERIA

FIGURE 6: ASIA PACIFIC METALWORKING FLUIDS MARKET, GROWTH POTENTIAL, BY PRODUCT, IN 2019

FIGURE 7: ASIA PACIFIC METALWORKING FLUIDS MARKET, BY REMOVAL FLUIDS, 2020-2028 (IN $ MILLION)

FIGURE 8: ASIA PACIFIC METALWORKING FLUIDS MARKET, BY FORMING FLUIDS, 2020-2028 (IN $ MILLION)

FIGURE 9: ASIA PACIFIC METALWORKING FLUIDS MARKET, BY PROTECTING FLUIDS, 2020-2028 (IN $ MILLION)

FIGURE 10: ASIA PACIFIC METALWORKING FLUIDS MARKET, TREATING FLUIDS, 2020-2028 (IN $ MILLION)

FIGURE 11: ASIA PACIFIC METALWORKING FLUIDS MARKET, GROWTH POTENTIAL, BY APPLICATION, IN 2019

FIGURE 12: ASIA PACIFIC METALWORKING FLUIDS MARKET, BY TRANSPORTATION EQUIPMENT, 2020-2028 (IN $ MILLION)

FIGURE 13: ASIA PACIFIC METALWORKING FLUIDS MARKET, MACHINERY, 2020-2028 (IN $ MILLION)

FIGURE 14: ASIA PACIFIC METALWORKING FLUIDS MARKET, FABRICATED METAL PRODUCTS, 2020-2028 (IN $ MILLION)

FIGURE 15: ASIA PACIFIC METALWORKING FLUIDS MARKET, PRIMARY METALS, 2020-2028 (IN $ MILLION)

FIGURE 16: ASIA PACIFIC METALWORKING FLUIDS MARKET, BY METAL CANS AND OTHERS, 2020-2028 (IN $ MILLION)

FIGURE 17: ASIA PACIFIC METALWORKING FLUIDS MARKET, REGIONAL OUTLOOK, 2019 & 2028 (IN %)

FIGURE 18: CHINA METALWORKING FLUIDS MARKET, 2020-2028 (IN $ MILLION)

FIGURE 19: JAPAN METALWORKING FLUIDS MARKET, 2020-2028 (IN $ MILLION)

FIGURE 20: INDIA METALWORKING FLUIDS MARKET, 2020-2028 (IN $ MILLION)

FIGURE 21: SOUTH KOREA METALWORKING FLUIDS MARKET, 2020-2028 (IN $ MILLION)

FIGURE 22: INDONESIA METALWORKING FLUIDS MARKET, 2020-2028 (IN $ MILLION)

FIGURE 23: THAILAND METALWORKING FLUIDS MARKET, 2020-2028 (IN $ MILLION)

FIGURE 24: VIETNAM METALWORKING FLUIDS MARKET, 2020-2028 (IN $ MILLION)

FIGURE 25: AUSTRALIA & NEW ZEALAND METALWORKING FLUIDS MARKET, 2020-2028 (IN $ MILLION)

FIGURE 26: REST OF ASIA PACIFIC METALWORKING FLUIDS MARKET, 2020-2028 (IN $ MILLION)

  1. GEOGRAPHICAL ANALYSIS
    • ASIA PACIFIC
      • CHINA
      • JAPAN
      • INDIA
      • SOUTH KOREA
      • INDONESIA
      • THAILAND
      • VIETNAM
      • AUSTRALIA & NEW ZEALAND
      • REST OF ASIA PACIFIC
  1. MARKET BY PRODUCT
    • REMOVAL FLUIDS
    • FORMING FLUIDS
    • PROTECTING FLUIDS
    • TREATING FLUIDS
  2. MARKET BY APPLICATION
    • TRANSPORTATION EQUIPMENT
    • MACHINERY
    • FABRICATED METAL PRODUCTS
    • PRIMARY METALS
    • METAL CANS AND OTHERS

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