According to a recent study on the metalworking fluid industry, robust revenue growth is anticipated from increased interest in higher quality metalworking fluids such as synthetics, semi-synthetics/synthetic blends and water-soluble products. Asia (primarily China, India, South Korea, Indonesia, Thailand and Japan), Russia and Brazil are expected to be the growth engines of the industry in the near future due to increase in demand for vehicles intune with the increased purchasing power of middle classes. The metalworking fluid market currently accounts for approximately 6 percent of the total global lubricants market. Key Market drivers such as application regulation are expected to have an impact on the metalworking fluid industry in the future.
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