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(Chicago.CityRegions.Com, August 13, 2015 ) The global removal fluids market can be divided based on application into the following: transportation equipment, machinery, fabricated metal products, and others.
Removal fluids are lubricating oils used to lower the temperature of metallic pieces while undergoing industrial processes, such as machining, grinding, milling, stamping, and forging. They are used to reduce heat and friction between cutting or machining tools and the metallic piece being worked upon to prevent burning, smoking, or damage to both. These fluids enhance the overall quality of the finished product by constantly removing metal chips during the process.
Removal fluids are used in various industrial and commercial sectors for fabrication purposes.
The market is expected to grow at a constant rate during the forecast period because of the increasing demand for these products from APAC. The market is also expected to benefit from the growing usage of these by manufacturers in the fabricated metal products market because of reduction in their overall production costs.
The analysts forecast global removal fluids market to grow at a CAGR of 2.95% in terms of revenue over the period 2014-2019.
Covered in this Report
The report, Global Removal Fluids Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, EMEA, and APAC; it also covers the global removal fluids market landscape and its growth prospects in the coming years. The report also includes a discussion on the key vendors operating in this market.
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Key Regions
Americas APAC EMEA
Key vendors
BP (Castrol) Houghton International Idemitsu Kosan Quaker Chemical Yushiro Chemical Industry
Other prominent vendors
Apar Blaser Swisslube Chevron Columbia Petro Cosmo Oil Daido Chemical Engineering Exxon Mobil Francool Technologies Fuchs Petrolub Gazprom Guangzhou Mechanical Engineering Research Institute HPCL IOCL JX Nippon Kyodo Yushi Lubrizol Lukoil Master Chemical Milacron Holdings NS Lubricants Pertamina SAMHWA Lube Shanghai Parker Chemical Sinopec SK Group Suzhou Special Chemicals Total Lubricants
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Market driver
Increased Demand from Chinese Automotive Sector
Market challenge
Susceptibility to Microbial Attack
Market trend
Changes in Distribution Channels
Key Questions Answered in this Report
What will the market size be in 2019 and what will the growth rate be? What are the key market trends? What is driving this market? What are the challenges to market growth? Who are the key vendors in this market space? What are the market opportunities and threats faced by the key vendors? What are the strengths and weaknesses of the key vendors?
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