Metalworking Fluids Industry Overview

The global metalworking fluids market size is expected to reach USD 17.45 billion by 2030, as per the new report by Grand View Research, Inc., registering a CAGR of 4.9% in the forecast period. The demand is attributed to arise in demand for automotive and industrial machinery. Individual end-use sectors, such as machinery, metal fabrication, and transportation equipment, are driving the expansion of the market.

The market is also expected to be driven by strong development in the machinery and transportation equipment end-use industries over the projected period. Manufacturing is one of the core industries in North America and Europe. Advances in the manufacturing methods for the production of sophisticated end-use products, coupled with the increase in the exports of construction machinery and power, agricultural, and automotive equipment, have fueled the market growth.

Gather more insights about the market drivers, restrains and growth of the Metalworking Fluids Market

The sector is expected to benefit from increased production of construction machines and related parts for industrial, residential, and commercial construction. The rise in public-private partnerships is expected to boost the demand for a variety of construction components that use MWFs during their production. Because of the expanding building activities in these nations, emerging economies are likely to be critical for product growth.

The increasing demand for electricity and upgrading of the existing infrastructure for electricity generation, transmission, and distribution, is anticipated to fuel the market for electrical & power equipment and related components. These components are manufactured using ferrous and non-ferrous metal parts, which consume MWFs during manufacturing.

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• The global chemical distribution market size was estimated at USD 268.9 billion in 2024 and is anticipated to grow at a CAGR of 7.3% from 2025 to 2030. 
• The global biolubricants market size was valued at USD 2.95 billion in 2024 and is projected to grow at a CAGR of 13.7% from 2025 to 2030. 

Metalworking Fluids Market Segmentation

Grand View Research has segmented the global metalworking fluid market report based on product, application, end-use, industrial end-use, and region:

Metalworking Fluids Product Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• Mineral
• Synthetic
• Bio-Based

Metalworking Fluids Application Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• Neat Cutting Oil
• Water Cutting Oil
• Corrosion Preventive Oil
• Others

Metalworking Fluids End-use Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• Metal Fabrication
• Transportation Equipment
• Machinery
• Others

Metalworking Fluids Industrial End-use Outlook (Volume, Kilotons; Revenue, USD Million, 2018 – 2030)

• Construction
• Electric & Power
• Agriculture
• Automobile
• Aerospace
• Rail
• Marine
• Telecommunications
• Health Care

Metalworking Fluids Regional Outlook (Volume, Kilotons; Revenue, USD Billion, 2018 - 2030)

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • France
  • UK
  • Russia
  • Italy
  • Spain
  • Turkey
  • Switzerland
  • Denmark
  • Norway
  • Belgium
  • Poland
  • Czech Republic
  • Sweden
  • Finland
• Asia Pacific
  • China
  • Japan
  • South Korea
  • India
  • Singapore
  • Malayasia
  • Thailand
  • Australia
  • New Zealand
• Central & South America
  • Brazil
• Middle East & Africa

Key Companies profiled:

• Houghton International, Inc.
• Blaser Swisslube AG
• BP plc
• Exxon Mobil Corp.
• Total S.A.
• FUCHS
• Chevron Corp.
• China Petroleum & Chemical Corp.
• Kuwait Petroleum Corp.

Key Metalworking Fluids Company Insights

Key companies are adopting several organic and inorganic growth strategies, such as capacity expansion, mergers & acquisitions, and joint ventures, to maintain and expand their market share.

• On January 2023, Univar Solutions B.V. entered a distribution agreement with Graphics Services Ltd. for their products such as inks, rust preventive oils, coatings, lubricants, and metalworking fluids in Europe.
• On September 2022, Clariant announced the extension of support for metalworking fluid manufacturers globally by offering their additives to develop high lubricity and fully-synthetic metalworking fluids.

Order a free sample PDF of the Metalworking Fluids Market Intelligence Study, published by Grand View Research.