The Europe Grinding Fluids Market would witness market growth of 3.4% CAGR during the forecast period (2023-2030). In the year 2020, the Europe market's volume surged to 28.77 Kilo Tonnes, showcasing a growth of 3.0% (2019-2022).
Original equipment manufacturers (OEMs) are conducting research and development activities to produce higher volumes of automobile components that lead to vehicle energy efficiency. Grinding fluids aid in increasing the efficiency of machining processes, thus increasing the production volumes of those machines. As a result, they are expected to witness steady demand over the forecast period. In addition, Europe, in particular, has seen a surge in growth for automobile components on account of growing consumer demand owing to economic stability in the region.
Grinding fluids are primarily used to cool and lubricate cutting tools and workpieces during grinding operations for producing different automobile parts. The high-speed processes generate heat, which leads to thermal damage and dimensional inaccuracies. By providing cooling and lubrication, grinding fluids help dissipate heat, reduce friction, and prevent tool wear to improve surface finish and dimensional accuracy.
According to the International Trade Administration, Germany has Europe's third-largest aerospace & defense industry, with 2020 revenues at USD 35.4 billion, following the UK at GBP 79 or USD 90.2 billion (including land defense systems) and France at EUR 50.9 billion or USD 58.1 billion. Some three-quarters or USD 26.2 billion of German production is exported. France received a fourth of these exports with USD 6.7 billion. The aerospace and defense industry is forefront of adopting advanced machining technologies. As a result, these aspects will boost the market growth in the coming years.
The Germany market dominated the Europe Grinding Fluids Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $41.1 million by 2030. The UK market is experiencing a CAGR of 2.6% during (2023 - 2030). Additionally, The France market would exhibit a CAGR of 4.2% 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 Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Grinding Fluids Market will Hit $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)
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
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 Europe Grinding Fluids Market, 2019 - 2022, USD Million
TABLE 2 Europe Grinding Fluids Market, 2023 - 2030, USD Million
TABLE 3 Europe Grinding Fluids Market, 2019 - 2022, Kilo Tonnes
TABLE 4 Europe Grinding Fluids Market, 2023 - 2030, Kilo Tonnes
TABLE 5 Europe Grinding Fluids Market by Application, 2019 - 2022, USD Million
TABLE 6 Europe Grinding Fluids Market by Application, 2023 - 2030, USD Million
TABLE 7 Europe Grinding Fluids Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 8 Europe Grinding Fluids Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 9 Europe Disk Drivers Market by Country, 2019 - 2022, USD Million
TABLE 10 Europe Disk Drivers Market by Country, 2023 - 2030, USD Million
TABLE 11 Europe Disk Drivers Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 12 Europe Disk Drivers Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 13 Europe Lubricate Machine Tools Market by Country, 2019 - 2022, USD Million
TABLE 14 Europe Lubricate Machine Tools Market by Country, 2023 - 2030, USD Million
TABLE 15 Europe Lubricate Machine Tools Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 16 Europe Lubricate Machine Tools Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 17 Europe Metal Substrates Market by Country, 2019 - 2022, USD Million
TABLE 18 Europe Metal Substrates Market by Country, 2023 - 2030, USD Million
TABLE 19 Europe Metal Substrates Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 20 Europe Metal Substrates Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 21 Europe Silicon Wafer Market by Country, 2019 - 2022, USD Million
TABLE 22 Europe Silicon Wafer Market by Country, 2023 - 2030, USD Million
TABLE 23 Europe Silicon Wafer Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 24 Europe Silicon Wafer Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 25 Europe Others Market by Country, 2019 - 2022, USD Million
TABLE 26 Europe Others Market by Country, 2023 - 2030, USD Million
TABLE 27 Europe Others Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 28 Europe Others Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 29 Europe Grinding Fluids Market by Type, 2019 - 2022, USD Million
TABLE 30 Europe Grinding Fluids Market by Type, 2023 - 2030, USD Million
TABLE 31 Europe Grinding Fluids Market by Type, 2019 - 2022, Kilo Tonnes
TABLE 32 Europe Grinding Fluids Market by Type, 2023 - 2030, Kilo Tonnes
TABLE 33 Europe Synthetic Market by Country, 2019 - 2022, USD Million
TABLE 34 Europe Synthetic Market by Country, 2023 - 2030, USD Million
TABLE 35 Europe Synthetic Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 36 Europe Synthetic Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 37 Europe Semi-Synthetic Market by Country, 2019 - 2022, USD Million
TABLE 38 Europe Semi-Synthetic Market by Country, 2023 - 2030, USD Million
TABLE 39 Europe Semi-Synthetic Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 40 Europe Semi-Synthetic Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 41 Europe Water-Soluble Market by Country, 2019 - 2022, USD Million
TABLE 42 Europe Water-Soluble Market by Country, 2023 - 2030, USD Million
TABLE 43 Europe Water-Soluble Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 44 Europe Water-Soluble Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 45 Europe Others Market by Country, 2019 - 2022, USD Million
TABLE 46 Europe Others Market by Country, 2023 - 2030, USD Million
TABLE 47 Europe Others Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 48 Europe Others Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 49 Europe Grinding Fluids Market by Country, 2019 - 2022, USD Million
TABLE 50 Europe Grinding Fluids Market by Country, 2023 - 2030, USD Million
TABLE 51 Europe Grinding Fluids Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 52 Europe Grinding Fluids Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 53 Germany Grinding Fluids Market, 2019 - 2022, USD Million
TABLE 54 Germany Grinding Fluids Market, 2023 - 2030, USD Million
TABLE 55 Germany Grinding Fluids Market, 2019 - 2022, Kilo Tonnes
TABLE 56 Germany Grinding Fluids Market, 2023 - 2030, Kilo Tonnes
TABLE 57 Germany Grinding Fluids Market by Application, 2019 - 2022, USD Million
TABLE 58 Germany Grinding Fluids Market by Application, 2023 - 2030, USD Million
TABLE 59 Germany Grinding Fluids Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 60 Germany Grinding Fluids Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 61 Germany Grinding Fluids Market by Type, 2019 - 2022, USD Million
TABLE 62 Germany Grinding Fluids Market by Type, 2023 - 2030, USD Million
TABLE 63 Germany Grinding Fluids Market by Type, 2019 - 2022, Kilo Tonnes
TABLE 64 Germany Grinding Fluids Market by Type, 2023 - 2030, Kilo Tonnes
TABLE 65 UK Grinding Fluids Market, 2019 - 2022, USD Million
TABLE 66 UK Grinding Fluids Market, 2023 - 2030, USD Million
TABLE 67 UK Grinding Fluids Market, 2019 - 2022, Kilo Tonnes
TABLE 68 UK Grinding Fluids Market, 2023 - 2030, Kilo Tonnes
TABLE 69 UK Grinding Fluids Market by Application, 2019 - 2022, USD Million
TABLE 70 UK Grinding Fluids Market by Application, 2023 - 2030, USD Million
TABLE 71 UK Grinding Fluids Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 72 UK Grinding Fluids Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 73 UK Grinding Fluids Market by Type, 2019 - 2022, USD Million
TABLE 74 UK Grinding Fluids Market by Type, 2023 - 2030, USD Million
TABLE 75 UK Grinding Fluids Market by Type, 2019 - 2022, Kilo Tonnes
TABLE 76 UK Grinding Fluids Market by Type, 2023 - 2030, Kilo Tonnes
TABLE 77 France Grinding Fluids Market, 2019 - 2022, USD Million
TABLE 78 France Grinding Fluids Market, 2023 - 2030, USD Million
TABLE 79 France Grinding Fluids Market, 2019 - 2022, Kilo Tonnes
TABLE 80 France Grinding Fluids Market, 2023 - 2030, Kilo Tonnes
TABLE 81 France Grinding Fluids Market by Application, 2019 - 2022, USD Million
TABLE 82 France Grinding Fluids Market by Application, 2023 - 2030, USD Million
TABLE 83 France Grinding Fluids Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 84 France Grinding Fluids Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 85 France Grinding Fluids Market by Type, 2019 - 2022, USD Million
TABLE 86 France Grinding Fluids Market by Type, 2023 - 2030, USD Million
TABLE 87 France Grinding Fluids Market by Type, 2019 - 2022, Kilo Tonnes
TABLE 88 France Grinding Fluids Market by Type, 2023 - 2030, Kilo Tonnes
TABLE 89 Russia Grinding Fluids Market, 2019 - 2022, USD Million
TABLE 90 Russia Grinding Fluids Market, 2023 - 2030, USD Million
TABLE 91 Russia Grinding Fluids Market, 2019 - 2022, Kilo Tonnes
TABLE 92 Russia Grinding Fluids Market, 2023 - 2030, Kilo Tonnes
TABLE 93 Russia Grinding Fluids Market by Application, 2019 - 2022, USD Million
TABLE 94 Russia Grinding Fluids Market by Application, 2023 - 2030, USD Million
TABLE 95 Russia Grinding Fluids Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 96 Russia Grinding Fluids Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 97 Russia Grinding Fluids Market by Type, 2019 - 2022, USD Million
TABLE 98 Russia Grinding Fluids Market by Type, 2023 - 2030, USD Million
TABLE 99 Russia Grinding Fluids Market by Type, 2019 - 2022, Kilo Tonnes
TABLE 100 Russia Grinding Fluids Market by Type, 2023 - 2030, Kilo Tonnes
TABLE 101 Spain Grinding Fluids Market, 2019 - 2022, USD Million
TABLE 102 Spain Grinding Fluids Market, 2023 - 2030, USD Million
TABLE 103 Spain Grinding Fluids Market, 2019 - 2022, Kilo Tonnes
TABLE 104 Spain Grinding Fluids Market, 2023 - 2030, Kilo Tonnes
TABLE 105 Spain Grinding Fluids Market by Application, 2019 - 2022, USD Million
TABLE 106 Spain Grinding Fluids Market by Application, 2023 - 2030, USD Million
TABLE 107 Spain Grinding Fluids Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 108 Spain Grinding Fluids Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 109 Spain Grinding Fluids Market by Type, 2019 - 2022, USD Million
TABLE 110 Spain Grinding Fluids Market by Type, 2023 - 2030, USD Million
TABLE 111 Spain Grinding Fluids Market by Type, 2019 - 2022, Kilo Tonnes
TABLE 112 Spain Grinding Fluids Market by Type, 2023 - 2030, Kilo Tonnes
TABLE 113 Italy Grinding Fluids Market, 2019 - 2022, USD Million
TABLE 114 Italy Grinding Fluids Market, 2023 - 2030, USD Million
TABLE 115 Italy Grinding Fluids Market, 2019 - 2022, Kilo Tonnes
TABLE 116 Italy Grinding Fluids Market, 2023 - 2030, Kilo Tonnes
TABLE 117 Italy Grinding Fluids Market by Application, 2019 - 2022, USD Million
TABLE 118 Italy Grinding Fluids Market by Application, 2023 - 2030, USD Million
TABLE 119 Italy Grinding Fluids Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 120 Italy Grinding Fluids Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 121 Italy Grinding Fluids Market by Type, 2019 - 2022, USD Million
TABLE 122 Italy Grinding Fluids Market by Type, 2023 - 2030, USD Million
TABLE 123 Italy Grinding Fluids Market by Type, 2019 - 2022, Kilo Tonnes
TABLE 124 Italy Grinding Fluids Market by Type, 2023 - 2030, Kilo Tonnes
TABLE 125 Rest of Europe Grinding Fluids Market, 2019 - 2022, USD Million
TABLE 126 Rest of Europe Grinding Fluids Market, 2023 - 2030, USD Million
TABLE 127 Rest of Europe Grinding Fluids Market, 2019 - 2022, Kilo Tonnes
TABLE 128 Rest of Europe Grinding Fluids Market, 2023 - 2030, Kilo Tonnes
TABLE 129 Rest of Europe Grinding Fluids Market by Application, 2019 - 2022, USD Million
TABLE 130 Rest of Europe Grinding Fluids Market by Application, 2023 - 2030, USD Million
TABLE 131 Rest of Europe Grinding Fluids Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 132 Rest of Europe Grinding Fluids Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 133 Rest of Europe Grinding Fluids Market by Type, 2019 - 2022, USD Million
TABLE 134 Rest of Europe Grinding Fluids Market by Type, 2023 - 2030, USD Million
TABLE 135 Rest of Europe Grinding Fluids Market by Type, 2019 - 2022, Kilo Tonnes
TABLE 136 Rest of Europe 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 Europe 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 Europe Grinding Fluids Market Share by Application, 2022
FIG 6 Europe Grinding Fluids Market Share by Application, 2030
FIG 7 Europe Grinding Fluids Market by Application, 2019 - 2030, USD Million
FIG 8 Europe Grinding Fluids Market Share by Type, 2022
FIG 9 Europe Grinding Fluids Market Share by Type, 2030
FIG 10 Europe Grinding Fluids Market by Type, 2019 - 2030, USD Million
FIG 11 Europe Grinding Fluids Market Share by Country, 2022
FIG 12 Europe Grinding Fluids Market Share by Country, 2030
FIG 13 Europe 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