The global metalworking fluids market size was valued at USD 12.17 billion in 2023 and is projected to expand at a compound annual growth rate (CAGR) of 4.9% from 2024 to 2030. This growth is primarily driven by the rising demand for automotive and heavy machinery across various industries, including machinery manufacturing, metal fabrication, and transportation equipment. These sectors rely on...

Metalworking Fluids Industry Overview The global metalworking fluids (MWFs) market was valued at an estimated USD 12.17 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 4.9% from 2024 to 2030. This growth is primarily driven by the rising demand for products from the automotive and heavy machinery industries. Key end-use sectors such as machinery, metal...

The global metalworking fluids (MWFs) market, valued at USD 12.17 billion in 2023, is projected to grow at a compound annual growth rate (CAGR) of 4.9% from 2024 to 2030. This growth is expected to be fueled by rising demand for automotive and heavy industry machinery, as well as significant activity in sectors like machinery, metal fabrication, and transportation equipment. These industries...