Metalworking Fluids Market
sector is leading to increase in metalworking processes,” says a TMR analyst. In addition, the rapid growth of the automotive sector worldwide is escalating the production of automobiles, thereby boosting the uptake of metalworking fluids. Improvements in technologies pertaining to these fluids are also stoking the growth of the market.
Environmental and Health Issues Due to Toxic Nature Hamper Growth Prospects
Due to the toxic nature of metalworking fluids, their increasing disposal is creating serious environmental issues. The rising environmental concerns are, thus, hampering the growth of the market. Moreover, these fluids pose risks to human health, which is compelling governments to enforce stringent regulations on the manufacturing and recycling of these fluids, which in turn is negatively impacting the growth of the market. The burgeoning usage of alloys of non-ferrous metals such as aluminum and titanium in the aerospace industry is also keeping the market from realizing its utmost potential, as these alloys eliminate the use of metalworking fluids in the machining process. Nevertheless, the development of bio-based metalworking fluids is poised to provide a significant push to the market in the near future.
Browse Press Release: http:// www. transparencymarketresearch. com / pressrelease / automotivelubricants-market-size. htm
TABLE OF
Chapter 1 Preface 1.1 Report Description 1.2 Research Scope 1.3 Assumptions 1.4 Market Segmentation 1.5 Research Methodology
Chapter 2 Executive Summary 2.1 Global Metalworking Fluids Market, 2014- 2024,( Kilo Tons)( US $ Mn) 2.2 Metalworking Fluids: Market Snapshot
Chapter 3 Metalworking Fluids Market – Industry Analysis 3.1 Introduction 3.2 Value Chain Analysis 3.3 Market Drivers 3.3.1 Growing Automotive Industry Expected to Drive Global Metalworking Fluids Market 3.3.2 Growing Steel & Metal Fabrication Industry Expected to Drive Global Metalworking Fluids Market
Transparency Market Research
3