Report overview
The global Water-Based Cutting Fluids 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.
Emulsion Segment to Reach $ Million by 2030, with a % CAGR in next six years.
The global key manufacturers of Water-Based Cutting Fluids include Bio-Circle Surface Technology GmbH, Milo Tools, Exxon Mobil Corporation, ELDON?S, MOTUL TECH, Morris Lubricants, BP(Castrol), Quaker Houghton and COSMO Oil, etc. in 2023, the global top five players have a share approximately % in terms of revenue.
The application of cutting fluid in the field of engineering manufacturing has a history of hundreds of years, and it plays a vital role in the processing efficiency and surface quality of parts. Among them, water-based cutting fluid accounts for more than 90% of the consumption of cutting fluid. Water-based cutting fluid is made by mixing mineral oil or synthetic oil with water in a certain proportion. It is a coolant and lubricant widely used in processing. Adding various additives to the cutting fluid is often necessary to enhance the performance of the cutting fluid and prolong its service life.Water-based cutting fluids are divided into emulsion type, semisynthetic type and synthetic type. Emulsified cutting fluid is an oil-in-water emulsion obtained by mixing base oil (mineral oil) with water containing emulsifiers. The content of mineral oil is greater than 60%, showing milky white. Synthetic cutting fluid takes inorganic salt and organic amine as the main body and adds various additives such as preservatives or defoamers to dissolve in water to form a transparent or slightly colored aqueous solution. Semisynthetic cutting fluid is a combination of oil-in-water emulsion and synthetic fluid, which has the characteristics of emulsified cutting fluid and synthetic cutting fluid.Compared with oil-based cutting fluids, water-based cutting fluids use additives such as lubricants, rust inhibitors, and antioxidants, which makes the water-based cutting fluid not only maintain the lubrication and antirust performance of the oil-based cutting fluid but also have a stronger heat dissipation capacity. Among water-based cutting fluids, semisynthetic cutting fluids have gradually become the best choice in the metal processing industry due to their excellent comprehensive performance.
This report aims to provide a comprehensive presentation of the global market for Water-Based Cutting Fluids, 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 Water-Based Cutting Fluids. This report contains market size and forecasts of Water-Based Cutting Fluids in global, including the following market information:
Global Water-Based Cutting Fluids Market Revenue, 2019-2024, 2025-2030, ($ millions)
Global Water-Based Cutting Fluids Market Sales, 2019-2024, 2025-2030, (Tons)
Global top five Water-Based Cutting Fluids companies in 2023 (%)
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Water-Based Cutting Fluids 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 Water-Based Cutting Fluids Market, by Type, 2019-2024, 2025-2030 ($ Millions) & (Tons)
Global Water-Based Cutting Fluids Market Segment Percentages, by Type, 2023 (%)
Emulsion
Chemical Synthesis Liquid
Semi-Synthetic Liquid
Global Water-Based Cutting Fluids Market, by Application, 2019-2024, 2025-2030 ($ Millions) & (Tons)
Global Water-Based Cutting Fluids Market Segment Percentages, by Application, 2023 (%)
Automotive Manufacturing
Aerospace Manufacturing
Mold Processing Industry
Machinery Manufacturing
Shipbuilding Industry
Other
Global Water-Based Cutting Fluids Market, By Region and Country, 2019-2024, 2025-2030 ($ Millions) & (Tons)
Global Water-Based Cutting Fluids 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 Water-Based Cutting Fluids revenues in global market, 2019-2024 (Estimated), ($ millions)
Key companies Water-Based Cutting Fluids revenues share in global market, 2023 (%)
Key companies Water-Based Cutting Fluids sales in global market, 2019-2024 (Estimated), (Tons)
Key companies Water-Based Cutting Fluids sales share in global market, 2023 (%)
Further, the report presents profiles of competitors in the market, key players include:
Bio-Circle Surface Technology GmbH
Milo Tools
Exxon Mobil Corporation
ELDON?S
MOTUL TECH
Morris Lubricants
BP(Castrol)
Quaker Houghton
COSMO Oil
Master
HAI LU JYA HE Co.,Ltd.
MORESCO Corporation
Q8Oils
Millers Oils
CRC Industries
Benz
International Lubricants
Outline of Major Chapters:
Chapter 1: Introduces the definition of Water-Based Cutting Fluids, market overview.
Chapter 2: Global Water-Based Cutting Fluids market size in revenue and volume.
Chapter 3: Detailed analysis of Water-Based Cutting Fluids 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 Water-Based Cutting Fluids 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 Water-Based Cutting Fluids 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.
