Growing demand for high-performance grinding fluids and sustainable solutions is driving the grinding fluids market
From GlobeNewswire: 2025-03-19 09:30:00
The grinding fluids market is expected to reach $954.36 million by 2032, with a CAGR of 3.67% from 2024 to 2032. These fluids optimize machining processes, reduce energy consumption, and improve surface finish quality. Recent advancements in synthetic and semi-synthetic formulations are driving the development of more sustainable solutions in the industry.
Asia Pacific led the grinding fluids market in 2023, with a 42.7% share. Countries like China, India, Japan, and South Korea dominate the market due to their strong metalworking and automotive industries. Demand for high-performance synthetic grinding fluids is increasing, especially for silicon wafer processing and precision machining applications.
Synthetic grinding fluids held the largest market share in 2023 at 40.7%. They provide superior lubrication, cooling, and rust protection, extending tool life and surface finish quality. Rising demand for lower VOC formulations and advancements in fluid technology are driving the market towards more sustainable and efficient options.
Disk drivers accounted for 35.6% of the Grinding Fluids Market in 2023. The segment is driven by the growing production of HDDs and SSDs for consumer electronics and data centers. Companies like Western Digital and Seagate are increasing production, leading to a surge in demand for high-performance grinding fluids.
In 2023, FUCHS Group introduced environmentally friendly grinding fluids, Quaker Houghton launched a high-performance synthetic fluid, and Blaser Swisslube partnered with aerospace manufacturers for next-gen fluids. These developments are driving the market towards more sustainable and efficient solutions. The Grinding Fluids Market is segmented by type and application in a new research report. Regional analysis and company profiles are included, along with use cases and best practices. Full report available for purchase at https://www.snsinsider.com/checkout/5948. For more information or customization options, contact [email protected]. SNS Insider provides comprehensive market research and consulting services globally to help clients make informed decisions.
Read more at GlobeNewswire: Grinding Fluids Market Projected to Reach USD 954.36