Univar Solutions and Milliken sign an agreement to automate the North American liquid colorants market for lubricants and metalworking fluids.
SKF and Castrol have joined forces to facilitate access to industrial lubricant recycling. The partnership includes providing “oil as a service” by combining the SKF RecondOil solution with Castrol metalworking lubricants.
Author Credits: Smruti Ranjan, Rajrani Baghel
Report ID: 5385
Published Date: Nov 21, 2023
Report Format: PDF, PPT
Frequently Asked Questions (FAQ)
The growing demand in end user sector and increasing investment in research and development activities are some of the major factors anticipated to drive the growth of the cutting fluids market.
The market is anticipated to attain a CAGR of ~5% over the forecast period, i.e., 2024-2036.
The major players in the market are Total S.A., Indian Oil Corporation Ltd, Quaker Chemical Corporation, Fuchs Petrolub SE, Eni S.p.A., Univar Solutions Inc., and others.
The neat oil segment is anticipated to garner the largest market size by the end of 2036 and display significant growth opportunities.
The market in Asia Pacific is projected to hold the largest market share by the end of 2036 and provide more business opportunities in the future.