Change Language

Select Language

Press Release:

Global Forming Fluids Market to Reach US$ 3.5 Billion by 2027, Spurred by Thriving Automotive Industry

COVID-19
The pandemic continues to cause unprecedented disruption across industries worldwide.
Get detailed insights regarding the impact of COVID-19 on the market.

Forming Fluids Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The global forming fluids market reached a value of US$ 3.2 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 3.5 Billion by 2027, exhibiting a CAGR of 1.8% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.

Forming fluids are fluids that are used in forming processes such as folding, stamping, drawing and wire-drawing. These processes are largely used in the manufacturing of sheet metal and components, both in heavy industry and in the manufacturing of small, detailed objects. The products utilised in such processes may be either oil-based or emulsions that are derived from mineral or synthetic oils. These fluids include drawing and stamping compounds, forging compounds, rolling oils, die-casting compounds, and hydroforming fluids.

Forming fluids provide great lubrication and better corrosion protection and thus help in protecting the substrates from scratches and damage during manufacturing and molding. They are composed of different additives that help in improving their efficiency. Additionally, a defining characteristic of forming fluids is that they protect the substrates from acidic conditions and humidity, particularly in industrial environments. The selection of the forming fluids depends on numerous parameters which includes the type of application, process, available water quality, and the metal. The right selection of parameters ensures the cost-effective and smooth operation of the metal forming process.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global forming fluids market, along with forecasts at the global and regional level from 2022-2027. Our report has categorized the market based on product type, and application.

Breakup by Product Type:

  • Rolling Oils
  • Hydroforming Fluids
  • Others


Based on the product type, the market has been segmented into rolling oils, hydroforming fluids and others.

Breakup by Application:

  • Primary Metals
  • Transportation Equipment
  • Fabricated Metal Products
  • Machinery
  • Metal Cans
  • Others


Based on the application, the market has been segmented into primary metals, transportation equipment, fabricated metal products, machinery, metal cans and others. Primary metals currently represent the biggest segment.

Breakup by Region:

  • Asia Pacific
  • North America
  • Europe
  • Middle East and Africa
  • Latin America


Region-wise, the market has been segmented into Asia Pacific, North America, Europe, Middle East and Africa, and Latin America. Amongst these, Asia Pacific is the biggest market, accounting for the majority of the global market.

Competitive Landscape:

The competitive landscape of the market has also been examined with some of the key players being Afton Group, BASF SE, Chevron Corporation, The Dow Chemical Company, Lonza Group, Lubrizol Corporation, Apar Group, Columbia Petro Chem Pvt. Ltd., Public Joint Stock Company Gazprom, Idemitsu Kosan Co. Ltd., Indian Oil Corporation Limited, PJSC LUKOIL, PT PERTAMINA (PERSERO), China Petrochemical Corporation, SK Lubricants Co. Ltd. and Total Specialties USA.

This report provides a deep insight into the global forming fluids market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the forming fluids industry in any manner.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Billion
Segment Coverage Product Type, Application, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Companies Covered Afton Group, BASF SE, Chevron Corporation, The Dow Chemical Company, Lonza Group, Lubrizol Corporation, Apar Group, Columbia Petro Chem Pvt. Ltd., Public Joint Stock Company Gazprom, Idemitsu Kosan Co. Ltd., Indian Oil Corporation Limited, PJSC LUKOIL, PT PERTAMINA (PERSERO), China Petrochemical Corporation, SK Lubricants Co. Ltd. and Total Specialties USA
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

1   Preface
2   Scope and Methodology
    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3   Executive Summary
4   Introduction
    4.1    Overview
    4.2    Key Industry Trends
5   Global Forming Fluids Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Breakup by Product Type  
    5.5    Market Breakup by Application
    5.6    Market Breakup by Region
    5.7    Market Forecast
    5.8    SWOT Analysis
        5.8.1    Overview
        5.8.2    Strengths
        5.8.3    Weaknesses
        5.8.4    Opportunities
        5.8.5    Threats
    5.9    Value Chain Analysis
        5.9.1    Overview
        5.9.2    Raw Material Procurement
        5.9.3    Manufacturing
        5.9.4    Marketing
        5.9.5    Distribution
        5.9.6    End-Use
    5.10    Porters Five Forces Analysis
        5.10.1    Overview
        5.10.2    Bargaining Power of Buyers
        5.10.3    Bargaining Power of Suppliers
        5.10.4    Degree of Competition
        5.10.5    Threat of New Entrants
        5.10.6    Threat of Substitutes
    5.11    Price Analysis
        5.11.1    Key Price Indicators
        5.11.2    Price Structure
        5.11.3    Margin Analysis
6   Market Breakup by Product Type  
    6.1    Rolling Oils
        6.1.1    Market Trends
        6.1.2    Market Forecast
    6.2    Hydroforming Fluids
        6.2.1    Market Trends
        6.2.2    Market Forecast
    6.3    Others
        6.3.1    Market Trends
        6.3.2    Market Forecast
7  Market Breakup by Application
    7.1    Primary Metals
        7.1.1    Market Trends
        7.1.2    Market Forecast
    7.2    Transportation Equipment
        7.2.1    Market Trends
        7.2.2    Market Forecast
    7.3    Fabricated Metal Products
        7.3.1    Market Trends
        7.3.2    Market Forecast
    7.4    Machinery
        7.4.1    Market Trends
        7.4.2    Market Forecast
    7.5    Metal Cans
        7.5.1    Market Trends
        7.5.2    Market Forecast
    7.6    Others
        7.6.1    Market Trends
        7.6.2    Market Forecast
8   Market Breakup by Region
    8.1    Asia Pacific
        8.1.1    Market Trends
        8.1.2    Market Forecast
    8.2    North America
        8.2.1    Market Trends
        8.2.2    Market Forecast
    8.3    Europe
        8.3.1    Market Trends
        8.3.2    Market Forecast
    8.4    Middle East and Africa
        8.4.1    Market Trends
        8.4.2    Market Forecast
    8.5    Latin America
        8.5.1    Market Trends
        8.5.2    Market Forecast
9   Forming Fluids Manufacturing Process
    9.1    Product Overview
    9.2    Raw Material Requirements
    9.3    Manufacturing Process
    9.4    Key Success and Risk Factors
10  Competitive Landscape
    10.1    Market Structure
    10.2    Key Players
    10.3    Profiles of Key Players
        10.3.1    Afton Group
        10.3.2    BASF SE
        10.3.3    Chevron Corporation
        10.3.4    The Dow Chemical Company
        10.3.5    Lonza Group
        10.3.6    Lubrizol Corporation
        10.3.7    Apar Group
        10.3.8    Columbia Petro Chem Pvt. Ltd.
        10.3.9    Public Joint Stock Company Gazprom
        10.3.10    Idemitsu Kosan Co. Ltd.
        10.3.11    Indian Oil Corporation Limited 
        10.3.12    PJSC LUKOIL 
        10.3.13    PT PERTAMINA (PERSERO) 
        10.3.14    China Petrochemical Corporation
        10.3.15    SK Lubricants Co. Ltd. 
        10.3.16    Total Specialties USA 

List of Figures

Figure 1: Global: Forming Fluids Market: Major Drivers and Challenges
Figure 2: Global: Forming Fluids Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Forming Fluids Market: Breakup by Product Type  (in %), 2021
Figure 4: Global: Forming Fluids Market: Breakup by Application (in %), 2021
Figure 5: Global: Forming Fluids Market: Breakup by Region (in %), 2021
Figure 6: Global: Forming Fluids Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 7: Global: Forming Fluids Industry: SWOT Analysis
Figure 8: Global: Forming Fluids Industry: Value Chain Analysis
Figure 9: Global: Forming Fluids Industry: Porter’s Five Forces Analysis
Figure 10: Global: Forming Fluids (Rolling Oils) Market: Sales Value (in Million US$), 2016 & 2021
Figure 11: Global: Forming Fluids (Rolling Oils) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 12: Global: Forming Fluids (Hydroforming Fluids) Market: Sales Value (in Million US$), 2016 & 2021
Figure 13: Global: Forming Fluids (Hydroforming Fluids) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 14: Global: Forming Fluids (Other Product Types) Market: Sales Value (in Million US$), 2016 & 2021
Figure 15: Global: Forming Fluids (Other Product Types) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 16: Global: Forming Fluids (Primary Metals) Market: Sales Value (in Million US$), 2016 & 2021
Figure 17: Global: Forming Fluids (Primary Metals) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 18: Global: Forming Fluids (Transportation Equipment) Market: Sales Value (in Million US$), 2016 & 2021
Figure 19: Global: Forming Fluids (Transportation Equipment) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 20: Global: Forming Fluids (Fabricated Metal Products) Market: Sales Value (in Million US$), 2016 & 2021
Figure 21: Global: Forming Fluids (Fabricated Metal Products) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 22: Global: Forming Fluids (Machinery) Market: Sales Value (in Million US$), 2016 & 2021
Figure 23: Global: Forming Fluids (Machinery) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 24: Global: Forming Fluids (Metal Cans) Market: Sales Value (in Million US$), 2016 & 2021
Figure 25: Global: Forming Fluids (Metal Cans) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 26: Global: Forming Fluids (Other Applications) Market: Sales Value (in Million US$), 2016 & 2021
Figure 27: Global: Forming Fluids (Other Applications) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 28: Asia Pacific: Forming Fluids Market: Sales Value (in Million US$), 2016 & 2021
Figure 29: Asia Pacific: Forming Fluids Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 30: North America: Forming Fluids Market: Sales Value (in Million US$), 2016 & 2021
Figure 31: North America: Forming Fluids Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 32: Europe: Forming Fluids Market: Sales Value (in Million US$), 2016 & 2021
Figure 33: Europe: Forming Fluids Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 34: Middle East and Africa: Forming Fluids Market: Sales Value (in Million US$), 2016 & 2021
Figure 35: Middle East and Africa: Forming Fluids Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 36: Latin America: Forming Fluids Market: Sales Value (in Million US$), 2016 & 2021
Figure 37: Latin America: Forming Fluids Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 38: Forming Fluids Manufacturing: Process Flow

List of Tables

Table 1: Global: Forming Fluids Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Forming Fluids Market Forecast: Breakup by Product Type (in Million US$), 2022-2027
Table 3: Global: Forming Fluids Market Forecast: Breakup by Application (in Million US$), 2022-2027
Table 4: Global: Forming Fluids Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 5: Forming Fluids Manufacturing: Raw Material Requirements
Table 6: Global: Forming Fluids Market: Competitive Structure
Table 7: Global: Forming Fluids Market: Key Players


Note: We value your privacy and will never rent or sell your email address. Privacy policy

Key Questions Answered in This Report

The temporary closure of various manufacturing units on account of the coronavirus disease (COVID-19) outbreak is negatively impacting the market growth.

The global forming fluids market reached a value of US$ 3.2 Billion in 2021.

According to the estimates by IMARC Group, the global forming fluids market is expected to exhibit a CAGR of 1.8% during 2022-2027. 

Forming fluids provide cooling, lubrication and corrosion protection in the production of automobiles. Substantial growth in the automotive industry represents one of the key factors bolstering the market growth.

As manufacturing processes of various industrial goods incur high maintenance expenditure, there is a rise in the demand for innovative protection solutions, such as forming fluids, around the world.

On the basis of the product type, the market has been segregated into rolling oils, hydroforming fluids and others.

Based on the application, the market has been categorized into primary metals, transportation equipment, fabricated metal products, machinery, metal cans and others.

Region-wise, the market has been segmented into Asia Pacific, North America, Europe, Latin America, and Middle East and Africa.

Leading industry players are Afton Group, BASF SE, Chevron Corporation, The Dow Chemical Company, Lonza Group, Lubrizol Corporation, Apar Group, Columbia Petro Chem Pvt. Ltd., Public Joint Stock Company Gazprom, Idemitsu Kosan Co., Ltd., Indian Oil Corporation Limited, PJSC LUKOIL, PT PERTAMINA (PERSERO), China Petrochemical Corporation, SK Lubricants Co., Ltd. and Total Specialties USA.

Need more help?

  •   Speak to our experienced analysts for insights on the current market scenarios.
  •   Include additional segments and countries to customize the report as per your requirement.
  •   Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
  •   For further assistance, please connect with our analysts.

Related Report

Plastic Compounding Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Read More

Digital Ink Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Read More

Antimicrobial Additives Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Read More

Injection Molded Plastics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Read More

Fragrance Ingredients Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Read More

Purchase Options




$ 2499

REACH OUT TO US

Call us on

( US: +1-631-791-1145 )
( UK: +44-753-713-2163 )
( India: +91 120 433 0800 )

Drop us an email at

sales@imarcgroup.com

Social Links