The Asia Pacific Grinding Fluids Market would witness market growth of 4.0% CAGR during the forecast period (2023-2030). In the year 2021, the Asia Pacific market's volume surged to 78.35 Kilo Tonnes, showcasing a growth of 4.5% (2019-2022).
The penetration of plastic components in the automotive industry has grown extensively over the past few years due to their lightweight, strong performance, high corrosion resistance, and durability and efficiency. Similarly, the aerospace industry has witnessed a surge in plastic demand due to its ability to reduce the aircraft power-to-weight ratio and enhance its engines' overall efficiency and performance. In aerospace applications, where stringent tolerances and material integrity are paramount, grinding fluids are employed for grinding critical components like turbine blades, landing gear components, and aircraft structural elements.
In addition, using plastics in aircraft also offers them durability, improves their navigation ability, enhances their fuel economy, and extends their flight range. As such, plastics are increasingly used in military and defense aircraft and carriers. Polyetheretherketone (PEEK), polyamide-imide (PAI), and polytetrafluoroethylene (PTFE) are some plastics used in the aerospace industry. It is expected to impact the demand for grinding fluids and their consumption to a certain extent over the forecast period.
Invest India reports that between April 2021 and March 2022, the automobile industry manufactured 22.93 million vehicles, comprising passenger vehicles, commercial vehicles, three-wheeled, two-wheelers, and bicycles. The Automobile Sector attracted 5% of the total FDI inflow, according to the DPIIT Report from June 2023. Exports of passenger vehicles increased by 42.9% between April 2021 and March 2022, from 404,397 to 577,875 units, while exports of commercial vehicles rose from 50,334 to 92,297 units. Due to the aforementioned factors the market growth will drive in this region.
The China market dominated the Asia Pacific Grinding Fluids Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $114.1 million by 2030. The Japan market is registering a CAGR of 3.3% during (2023 - 2030). Additionally, The India market would showcase a CAGR of 4.6% during (2023 - 2030).
Based on Application, the market is segmented into Disk Drivers, Lubricate Machine Tools, Metal Substrates, Silicon Wafer, and Others. Based on Type, the market is segmented into Synthetic, Semi-Synthetic, Water-Soluble, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Global Grinding Fluids Market is Predict to reach $889.1 Million by 2030, at a CAGR of 3.7%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Benz Oil, Inc. (AMSOIL INC.), Carborundum Universal Limited (Murugappa Group), Castrol Ltd. (BP P.L.C.), Cutting & Grinding Fluids, Inc., EnviroServe Chemicals, Inc., ETNA Products, Incorporated, Exxon Mobil Corporation, FUCHS Petrolub SE, Lincoln Chemical Corporation, and TotalEnergies SE.
Scope of the Study
Market Segments Covered in the Report:
By Application (Volume, Kilo Tonnes, USD Million, 2019-2030)
- Disk Drivers
- Lubricate Machine Tools
- Metal Substrates
- Silicon Wafer
- Others
By Type (Volume, Kilo Tonnes, USD Million, 2019-2030)
- Synthetic
- Semi-Synthetic
- Water-Soluble
- Others
By Country (Volume, Kilo Tonnes, USD Million, 2019-2030)
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Benz Oil, Inc. (AMSOIL INC.)
- Carborundum Universal Limited (Murugappa Group)
- Castrol Ltd. (BP P.L.C.)
- Cutting & Grinding Fluids, Inc.
- EnviroServe Chemicals, Inc.
- ETNA Products, Incorporated
- Exxon Mobil Corporation
- FUCHS Petrolub SE
- Lincoln Chemical Corporation
- TotalEnergies SE
TABLE 1 Asia Pacific Grinding Fluids Market, 2019 - 2022, USD Million
TABLE 2 Asia Pacific Grinding Fluids Market, 2023 - 2030, USD Million
TABLE 3 Asia Pacific Grinding Fluids Market, 2019 - 2022, Kilo Tonnes
TABLE 4 Asia Pacific Grinding Fluids Market, 2023 - 2030, Kilo Tonnes
TABLE 5 Asia Pacific Grinding Fluids Market by Application, 2019 - 2022, USD Million
TABLE 6 Asia Pacific Grinding Fluids Market by Application, 2023 - 2030, USD Million
TABLE 7 Asia Pacific Grinding Fluids Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 8 Asia Pacific Grinding Fluids Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 9 Asia Pacific Disk Drivers Market by Country, 2019 - 2022, USD Million
TABLE 10 Asia Pacific Disk Drivers Market by Country, 2023 - 2030, USD Million
TABLE 11 Asia Pacific Disk Drivers Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 12 Asia Pacific Disk Drivers Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 13 Asia Pacific Lubricate Machine Tools Market by Country, 2019 - 2022, USD Million
TABLE 14 Asia Pacific Lubricate Machine Tools Market by Country, 2023 - 2030, USD Million
TABLE 15 Asia Pacific Lubricate Machine Tools Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 16 Asia Pacific Lubricate Machine Tools Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 17 Asia Pacific Metal Substrates Market by Country, 2019 - 2022, USD Million
TABLE 18 Asia Pacific Metal Substrates Market by Country, 2023 - 2030, USD Million
TABLE 19 Asia Pacific Metal Substrates Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 20 Asia Pacific Metal Substrates Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 21 Asia Pacific Silicon Wafer Market by Country, 2019 - 2022, USD Million
TABLE 22 Asia Pacific Silicon Wafer Market by Country, 2023 - 2030, USD Million
TABLE 23 Asia Pacific Silicon Wafer Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 24 Asia Pacific Silicon Wafer Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 25 Asia Pacific Others Market by Country, 2019 - 2022, USD Million
TABLE 26 Asia Pacific Others Market by Country, 2023 - 2030, USD Million
TABLE 27 Asia Pacific Others Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 28 Asia Pacific Others Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 29 Asia Pacific Grinding Fluids Market by Type, 2019 - 2022, USD Million
TABLE 30 Asia Pacific Grinding Fluids Market by Type, 2023 - 2030, USD Million
TABLE 31 Asia Pacific Grinding Fluids Market by Type, 2019 - 2022, Kilo Tonnes
TABLE 32 Asia Pacific Grinding Fluids Market by Type, 2023 - 2030, Kilo Tonnes
TABLE 33 Asia Pacific Synthetic Market by Country, 2019 - 2022, USD Million
TABLE 34 Asia Pacific Synthetic Market by Country, 2023 - 2030, USD Million
TABLE 35 Asia Pacific Synthetic Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 36 Asia Pacific Synthetic Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 37 Asia Pacific Semi-Synthetic Market by Country, 2019 - 2022, USD Million
TABLE 38 Asia Pacific Semi-Synthetic Market by Country, 2023 - 2030, USD Million
TABLE 39 Asia Pacific Semi-Synthetic Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 40 Asia Pacific Semi-Synthetic Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 41 Asia Pacific Water-Soluble Market by Country, 2019 - 2022, USD Million
TABLE 42 Asia Pacific Water-Soluble Market by Country, 2023 - 2030, USD Million
TABLE 43 Asia Pacific Water-Soluble Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 44 Asia Pacific Water-Soluble Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 45 Asia Pacific Others Market by Country, 2019 - 2022, USD Million
TABLE 46 Asia Pacific Others Market by Country, 2023 - 2030, USD Million
TABLE 47 Asia Pacific Others Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 48 Asia Pacific Others Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 49 Asia Pacific Grinding Fluids Market by Country, 2019 - 2022, USD Million
TABLE 50 Asia Pacific Grinding Fluids Market by Country, 2023 - 2030, USD Million
TABLE 51 Asia Pacific Grinding Fluids Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 52 Asia Pacific Grinding Fluids Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 53 China Grinding Fluids Market, 2019 - 2022, USD Million
TABLE 54 China Grinding Fluids Market, 2023 - 2030, USD Million
TABLE 55 China Grinding Fluids Market, 2019 - 2022, Kilo Tonnes
TABLE 56 China Grinding Fluids Market, 2023 - 2030, Kilo Tonnes
TABLE 57 China Grinding Fluids Market by Application, 2019 - 2022, USD Million
TABLE 58 China Grinding Fluids Market by Application, 2023 - 2030, USD Million
TABLE 59 China Grinding Fluids Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 60 China Grinding Fluids Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 61 China Grinding Fluids Market by Type, 2019 - 2022, USD Million
TABLE 62 China Grinding Fluids Market by Type, 2023 - 2030, USD Million
TABLE 63 China Grinding Fluids Market by Type, 2019 - 2022, Kilo Tonnes
TABLE 64 China Grinding Fluids Market by Type, 2023 - 2030, Kilo Tonnes
TABLE 65 Japan Grinding Fluids Market, 2019 - 2022, USD Million
TABLE 66 Japan Grinding Fluids Market, 2023 - 2030, USD Million
TABLE 67 Japan Grinding Fluids Market, 2019 - 2022, Kilo Tonnes
TABLE 68 Japan Grinding Fluids Market, 2023 - 2030, Kilo Tonnes
TABLE 69 Japan Grinding Fluids Market by Application, 2019 - 2022, USD Million
TABLE 70 Japan Grinding Fluids Market by Application, 2023 - 2030, USD Million
TABLE 71 Japan Grinding Fluids Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 72 Japan Grinding Fluids Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 73 Japan Grinding Fluids Market by Type, 2019 - 2022, USD Million
TABLE 74 Japan Grinding Fluids Market by Type, 2023 - 2030, USD Million
TABLE 75 Japan Grinding Fluids Market by Type, 2019 - 2022, Kilo Tonnes
TABLE 76 Japan Grinding Fluids Market by Type, 2023 - 2030, Kilo Tonnes
TABLE 77 India Grinding Fluids Market, 2019 - 2022, USD Million
TABLE 78 India Grinding Fluids Market, 2023 - 2030, USD Million
TABLE 79 India Grinding Fluids Market, 2019 - 2022, Kilo Tonnes
TABLE 80 India Grinding Fluids Market, 2023 - 2030, Kilo Tonnes
TABLE 81 India Grinding Fluids Market by Application, 2019 - 2022, USD Million
TABLE 82 India Grinding Fluids Market by Application, 2023 - 2030, USD Million
TABLE 83 India Grinding Fluids Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 84 India Grinding Fluids Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 85 India Grinding Fluids Market by Type, 2019 - 2022, USD Million
TABLE 86 India Grinding Fluids Market by Type, 2023 - 2030, USD Million
TABLE 87 India Grinding Fluids Market by Type, 2019 - 2022, Kilo Tonnes
TABLE 88 India Grinding Fluids Market by Type, 2023 - 2030, Kilo Tonnes
TABLE 89 South Korea Grinding Fluids Market, 2019 - 2022, USD Million
TABLE 90 South Korea Grinding Fluids Market, 2023 - 2030, USD Million
TABLE 91 South Korea Grinding Fluids Market, 2019 - 2022, Kilo Tonnes
TABLE 92 South Korea Grinding Fluids Market, 2023 - 2030, Kilo Tonnes
TABLE 93 South Korea Grinding Fluids Market by Application, 2019 - 2022, USD Million
TABLE 94 South Korea Grinding Fluids Market by Application, 2023 - 2030, USD Million
TABLE 95 South Korea Grinding Fluids Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 96 South Korea Grinding Fluids Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 97 South Korea Grinding Fluids Market by Type, 2019 - 2022, USD Million
TABLE 98 South Korea Grinding Fluids Market by Type, 2023 - 2030, USD Million
TABLE 99 South Korea Grinding Fluids Market by Type, 2019 - 2022, Kilo Tonnes
TABLE 100 South Korea Grinding Fluids Market by Type, 2023 - 2030, Kilo Tonnes
TABLE 101 Singapore Grinding Fluids Market, 2019 - 2022, USD Million
TABLE 102 Singapore Grinding Fluids Market, 2023 - 2030, USD Million
TABLE 103 Singapore Grinding Fluids Market, 2019 - 2022, Kilo Tonnes
TABLE 104 Singapore Grinding Fluids Market, 2023 - 2030, Kilo Tonnes
TABLE 105 Singapore Grinding Fluids Market by Application, 2019 - 2022, USD Million
TABLE 106 Singapore Grinding Fluids Market by Application, 2023 - 2030, USD Million
TABLE 107 Singapore Grinding Fluids Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 108 Singapore Grinding Fluids Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 109 Singapore Grinding Fluids Market by Type, 2019 - 2022, USD Million
TABLE 110 Singapore Grinding Fluids Market by Type, 2023 - 2030, USD Million
TABLE 111 Singapore Grinding Fluids Market by Type, 2019 - 2022, Kilo Tonnes
TABLE 112 Singapore Grinding Fluids Market by Type, 2023 - 2030, Kilo Tonnes
TABLE 113 Malaysia Grinding Fluids Market, 2019 - 2022, USD Million
TABLE 114 Malaysia Grinding Fluids Market, 2023 - 2030, USD Million
TABLE 115 Malaysia Grinding Fluids Market, 2019 - 2022, Kilo Tonnes
TABLE 116 Malaysia Grinding Fluids Market, 2023 - 2030, Kilo Tonnes
TABLE 117 Malaysia Grinding Fluids Market by Application, 2019 - 2022, USD Million
TABLE 118 Malaysia Grinding Fluids Market by Application, 2023 - 2030, USD Million
TABLE 119 Malaysia Grinding Fluids Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 120 Malaysia Grinding Fluids Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 121 Malaysia Grinding Fluids Market by Type, 2019 - 2022, USD Million
TABLE 122 Malaysia Grinding Fluids Market by Type, 2023 - 2030, USD Million
TABLE 123 Malaysia Grinding Fluids Market by Type, 2019 - 2022, Kilo Tonnes
TABLE 124 Malaysia Grinding Fluids Market by Type, 2023 - 2030, Kilo Tonnes
TABLE 125 Rest of Asia Pacific Grinding Fluids Market, 2019 - 2022, USD Million
TABLE 126 Rest of Asia Pacific Grinding Fluids Market, 2023 - 2030, USD Million
TABLE 127 Rest of Asia Pacific Grinding Fluids Market, 2019 - 2022, Kilo Tonnes
TABLE 128 Rest of Asia Pacific Grinding Fluids Market, 2023 - 2030, Kilo Tonnes
TABLE 129 Rest of Asia Pacific Grinding Fluids Market by Application, 2019 - 2022, USD Million
TABLE 130 Rest of Asia Pacific Grinding Fluids Market by Application, 2023 - 2030, USD Million
TABLE 131 Rest of Asia Pacific Grinding Fluids Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 132 Rest of Asia Pacific Grinding Fluids Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 133 Rest of Asia Pacific Grinding Fluids Market by Type, 2019 - 2022, USD Million
TABLE 134 Rest of Asia Pacific Grinding Fluids Market by Type, 2023 - 2030, USD Million
TABLE 135 Rest of Asia Pacific Grinding Fluids Market by Type, 2019 - 2022, Kilo Tonnes
TABLE 136 Rest of Asia Pacific Grinding Fluids Market by Type, 2023 - 2030, Kilo Tonnes
TABLE 137 Key Information – Benz oil, Inc.
TABLE 138 Key Information – Carborundum Universal Limited
TABLE 139 Key Information – Castrol Ltd.
TABLE 140 Key Information – Cutting & Grinding Fluids, Inc.
TABLE 141 Key Information – EnviroServe Chemicals, Inc
TABLE 142 Key Information – ETNA Products, Incorporated.
TABLE 143 Key Information – Exxon Mobil Corporation
TABLE 144 Key Information – FUCHS petrolub SE
TABLE 145 Key Information – Lincoln Chemical Corporation
TABLE 146 Key Information – TotalEnergies SE
List of Figures
FIG 1 Methodology for the research
FIG 2 Asia Pacific Grinding Fluids Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting the Grinding Fluids Market
FIG 4 Porter’s Five Forces Analysis – Grinding fluids market
FIG 5 Asia Pacific Grinding Fluids Market Share by Application, 2022
FIG 6 Asia Pacific Grinding Fluids Market Share by Application, 2030
FIG 7 Asia Pacific Grinding Fluids Market by Application, 2019 - 2030, USD Million
FIG 8 Asia Pacific Grinding Fluids Market Share by Type, 2022
FIG 9 Asia Pacific Grinding Fluids Market Share by Type, 2030
FIG 10 Asia Pacific Grinding Fluids Market by Type, 2019 - 2030, USD Million
FIG 11 Asia Pacific Grinding Fluids Market Share by Country, 2022
FIG 12 Asia Pacific Grinding Fluids Market Share by Country, 2030
FIG 13 Asia Pacific Grinding Fluids Market by Country, 2019 - 2030, USD Million
FIG 14 SWOT Analysis: Benz Oil, Inc.
FIG 15 SWOT Analysis: Carborundum Universal Limited
FIG 16 SWOT Analysis: Castrol Ltd.
FIG 17 SWOT Analysis: Cutting & Grinding Fluids, Inc.
FIG 18 SWOT Analysis: EnviroServe Chemicals, Inc.
FIG 19 SWOT Analysis: ETNA Products, Inc.
FIG 20 SWOT Analysis: Exxon Mobil Corporation
FIG 21 SWOT Analysis: FUCHS petrolub SE
FIG 22 SWOT Analysis: Lincoln Chemical Corporation
FIG 23 SWOT Analysis: TotalEnergies SE