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Monday, 1 June 2015
Metalworking Fluids Market Trends And Forecasts To 2020: Grand View Research, Inc
Global metalworking fluids market demand is expected to augment on account of increasing industrialization in emerging economies such as China, India, Brazil and Turkey. In addition, the market is also driven by the developing interest for high performance lubricating fluids such as synthetic and semi-synthetic metalworking fluids for enhanced tool life and improved surface finish. However, regulations aimed at setting up treatment plants for restricting improper disposal of these metalworking fluids is anticipated to act as a key restraining factor for the metalworking fluid market. Use of mineral-based metalworking fluids is balancing the offset caused by the aforementioned factor. Development of new technologies such as 3-D printing, minimum quantity lubrication and near-net-shape casting are also likely to hamper market growth in the upcoming years. Growth of the global automotive industry is expected to give a significant boost to the demand for metalworking fluids over the next f
http://www.grandviewresearch.com/industry-analysis/metalworking-fluids-market
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