Report overview
The global Oil-Based Cutting Fluid market was valued at US$ million in 2023 and is projected to reach US$ million by 2030, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ Million in 2023, While China is Forecast to Reach $ Million.
Mineral Oil Segment to Reach $ Million by 2030, with a % CAGR in next six years.
The global key manufacturers of Oil-Based Cutting Fluid include BP, Fuchs, Quaker, Blaser, Idemitsu Kosan, COSMO Oil, Master, Exxon Mobil Corporation and Petrofer, etc. in 2023, the global top five players have a share approximately % in terms of revenue.
Oil-based cutting fluid is made by mixing base oil with tribological additives and auxiliary additives, and does not need to be diluted with water when used. The base oil of oil-based cutting fluid is divided into mineral oil and synthetic oil. Mineral oil is a mixture of liquid hydrocarbons obtained from the refining of fossil fuels such as petroleum. According to the source of its raw material oil, it can be divided into two types: paraffin based and naphthenic based. Synthetic oil mainly includes synthetic hydrocarbons and synthetic esters. Among them, mineral oil-based cutting fluid has the characteristics of excellent lubrication and antirust properties, and is most used.
This report aims to provide a comprehensive presentation of the global market for Oil-Based Cutting Fluid, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Oil-Based Cutting Fluid. This report contains market size and forecasts of Oil-Based Cutting Fluid in global, including the following market information:
Global Oil-Based Cutting Fluid Market Revenue, 2019-2024, 2025-2030, ($ millions)
Global Oil-Based Cutting Fluid Market Sales, 2019-2024, 2025-2030, (Tons)
Global top five Oil-Based Cutting Fluid companies in 2023 (%)
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Oil-Based Cutting Fluid manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Oil-Based Cutting Fluid Market, by Type, 2019-2024, 2025-2030 ($ Millions) & (Tons)
Global Oil-Based Cutting Fluid Market Segment Percentages, by Type, 2023 (%)
Mineral Oil
Straight Fatty Oil
Compound Oil
Sulphurised Oil
Chlorinated Oil
Other
Global Oil-Based Cutting Fluid Market, by Application, 2019-2024, 2025-2030 ($ Millions) & (Tons)
Global Oil-Based Cutting Fluid Market Segment Percentages, by Application, 2023 (%)
Mechanical
The Automobile
3C Electronic
Other
Global Oil-Based Cutting Fluid Market, By Region and Country, 2019-2024, 2025-2030 ($ Millions) & (Tons)
Global Oil-Based Cutting Fluid Market Segment Percentages, By Region and Country, 2023 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Oil-Based Cutting Fluid revenues in global market, 2019-2024 (Estimated), ($ millions)
Key companies Oil-Based Cutting Fluid revenues share in global market, 2023 (%)
Key companies Oil-Based Cutting Fluid sales in global market, 2019-2024 (Estimated), (Tons)
Key companies Oil-Based Cutting Fluid sales share in global market, 2023 (%)
Further, the report presents profiles of competitors in the market, key players include:
BP
Fuchs
Quaker
Blaser
Idemitsu Kosan
COSMO Oil
Master
Exxon Mobil Corporation
Petrofer
JX NIPPON
KYODO YUSHI
Indian Oil
Milacron
The Lubrizol Corporation
Valvoline
ENEOS Corporation
Outline of Major Chapters:
Chapter 1: Introduces the definition of Oil-Based Cutting Fluid, market overview.
Chapter 2: Global Oil-Based Cutting Fluid market size in revenue and volume.
Chapter 3: Detailed analysis of Oil-Based Cutting Fluid manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Oil-Based Cutting Fluid in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Oil-Based Cutting Fluid capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
