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 .
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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
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