From GlobeNewswire: 2025-06-19 09:00:00

The Metalworking Fluids Market is set to grow from USD 12.2 billion in 2024 to USD 14.7 billion by 2029, with a CAGR of 3.7%. This growth is driven by demand from the automotive industry and high-performance machinery globally, necessitating the use of metalworking fluids. The market is expanding due to increased demand for sophisticated machinery, as these fluids are crucial for maximizing performance and longevity in machining operations.

Key players in the market include Quaker Houghton, Exxon Mobil, BP, TotalEnergies, FUCHS, and more. Drivers for the market include increasing demand from automotive production, while challenges include strict environmental norms. Opportunities lie in product innovation and differentiation, although the growing demand for electric vehicles poses a restraint.

Soluble oils are projected to have the highest CAGR in the global metalworking fluids market, while forming fluids are estimated to be the second-largest product type. The transport equipment manufacturing segment is expected to lead the market in terms of value. Asia Pacific is set to be the largest market for metalworking fluids, driven by factors like economic growth and industrialization.

Quaker Houghton specializes in manufacturing process fluids for industries like steel, aluminium, automotive, aerospace, and mining. The company offers innovative solutions tailored to meet diverse industry needs and has a global presence in over 25 countries. By merging with Houghton International, Quaker Houghton has expanded its product offerings and market reach.

Asia Pacific is the largest market for metalworking fluids, with countries like China and India experiencing high demand across various sectors. The region is projected to be the fastest-growing market from 2024 to 2029. Quaker Houghton’s expertise in metalworking fluids and global presence position it as a key player in the market, offering innovative and sustainable fluid solutions to industries worldwide.



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