Middle East & Africa Metalworking Fluid Additives Market- Industry Trends and Forecast to 2033
Market Report I 2023-09-01 I 103 Pages I Data Bridge Market Research
Middle East and Africa Metalworking Fluid Additives Market is expected to reach USD 4,24,479.88 million by 2030 from USD 3,01,719.73 million in 2022, growing at a CAGR of 4.5% during the forecast period of 2023 to 2030.
Market Segmentation:
Middle East and Africa Metalworking Fluid Additives Market, By Additive Type (Surfactant Additives and Emulsifiers, Corrosion Inhibitors, Extreme Pressure Additives, Stabilizers, Antifoamers, Alkanolamines, Antimist Agents, Colorants/Dyes, and Others), Application (Soluble Oils, Straight Oils, Semisynthetic Fluids, and Synthetic Fluids), Metalworking Activity (Milling, Drilling, Grinding, Honing, Tapping, and Others), End Use (Automotive, Aerospace, Machinery and Equipment Manufacturing, Power and Energy, Marine, and Others), Country (Saudi Arabia, Egypt, South Africa, Qatar, United Arab Emirates, Israel, Oman, Kuwait, Bahrain, and Rest of Middle East and Africa) - Industry Trends and Forecast To 2030.
Some of the major factors contributing to the growth of the Middle East and Africa metalworking fluid additives market:
Drivers
- Expanding automotive, aerospace, and machinery sectors
- Rising quality standards and automation in industries
Restraints
- Supply chain disruptions in the metalworking fluid additives market
- Industries shifting to traditional dry machining
Opportunitites
- Technological advancements in the metalworking process
- Shift toward eco-friendly additives
Market Players
Some of the key players operating in the Middle East and Africa metalworking fluid additives market are:
- The Lubrizol Corporation
- Dow
- Evonik Industries AG
- FUCHS
- Solvay
- LANXESS
- BP p.l.c.
- CLARIANT
- Ingevity
- Ashland
- Italmatch Chemicals S.p.A.
- Kao Corporation
- Umicore
- Colonial Chemical
- Biosynthetic Technologies
- DOVER CHEMICAL CORPORATION
- Emery Oleochemicals
- Pilot Chemical Corp.
- R.T. Vanderbilt Holding Company, Inc.
- ZSCHIMMER & SCHWARZ, INC.
TABLE OF CONTENTS
1 INTRODUCTION 8
1.1 OBJECTIVES OF THE STUDY 8
1.2 MARKET DEFINITION 8
1.3 OVERVIEW OF THE MIDDLE EAST AFRICA METALWORKING FLUID ADDITIVES MARKET 8
1.4 LIMITATIONS 9
1.5 MARKETS COVERED 10
2 MARKET SEGMENTATION 14
2.1 MARKETS COVERED 14
2.2 GEOGRAPHICAL SCOPE 15
2.3 YEARS CONSIDERED FOR THE STUDY 16
2.4 CURRENCY AND PRICING 16
2.5 DBMR TRIPOD DATA VALIDATION MODEL 17
2.6 MULTIVARIATE MODELLING 20
2.7 PRIMARY INTERVIEWS WITH KEY OPINION LEADERS 21
2.8 DBMR MARKET POSITION GRID 22
2.9 MARKET END USE COVERAGE GRID 23
2.10 SECONDARY SOURCES 24
2.11 ASSUMPTIONS 24
3 EXECUTIVE SUMMARY 25
4 PREMIUM INSIGHTS 27
5 MARKET OVERVIEW 28
5.1 DRIVERS 30
5.1.1 EXPANDING AUTOMOTIVE, AEROSPACE, AND MACHINERY SECTORS 30
5.1.2 RISING QUALITY STANDARDS AND AUTOMATION IN INDUSTRIES 31
5.1.3 RISING ADDITIVE DEMAND IN CNC MACHINING 32
5.2 RESTRAINTS 33
5.2.1 SUPPLY CHAIN DISRUPTIONS IN THE METALWORKING FLUID ADDITIVES MARKET 33
5.2.2 INDUSTRIES SHIFTING TO TRADITIONAL DRY MACHINING 33
5.2.3 FLUCTUATION IN RAW MATERIAL PRICES 34
5.3 OPPORTUNITIES 36
5.3.1 TECHNOLOGICAL ADVANCEMENTS IN THE METALWORKING PROCESS 36
5.3.2 SHIFT TOWARD ECO-FRIENDLY ADDITIVES 37
5.3.3 NEW PRODUCT INNOVATIONS FOR METALWORKING FLUID ADDITIVES 38?
5.4 CHALLENGES 39
5.4.1 ENVIRONMENTAL REGULATIONS AND SUSTAINABILITY FACTORS INVOLVED 39
5.4.2 STABILITY ASSOCIATED WITH METALFORMING FLUID ADDITIVES 40
6 GEOGRAPHICAL ANALYSIS 42
6.1 MIDDLE EAST AND AFRICA 42
7 MIDDLE EAST AFRICA METALWORKING FLUID ADDITIVES MARKET: COMPANY LANDSCAPE 43
7.1 COMPANY SHARE ANALYSIS: MIDDLE EAST AFRICA 43
7.2 PARTNERSHIPS & CONTRACTS 44
7.3 EVENT 44
7.4 AWARD 47
8 SWOT ANALYSIS 48
9 COMPANY PROFILES 49
9.1 THE LUBRIZOL CORPORATION 49
9.1.1 COMPANY SNAPSHOT 49
9.1.2 COMPANY SHARE ANALYSIS 49
9.1.3 PRODUCT PORTFOLIO 50
9.1.4 RECENT DEVELOPMENT 50
9.2 EVONIK INDUSTRIES AG 51
9.2.1 COMPANY SNAPSHOT 51
9.2.2 REVENUE ANALYSIS 51
9.2.3 COMPANY SHARE ANALYSIS 52
9.2.4 PRODUCT PORTFOLIO 52
9.2.5 RECENT DEVELOPMENT 52
9.3 DOW 53
9.3.1 COMPANY SNAPSHOT 53
9.3.2 REVENUE ANALYSIS 53
9.3.3 COMPANY SHARE ANALYSIS 54
9.3.4 PRODUCT PORTFOLIO 54
9.3.5 RECENT DEVELOPMENT 58
9.4 FUCHS 59
9.4.1 COMPANY SNAPSHOT 59
9.4.2 REVENUE ANALYSIS 59
9.4.3 COMPANY SHARE ANALYSIS 60
9.4.4 PRODUCT PORTFOLIO 60
9.4.5 RECENT DEVELOPMENT 60?
9.5 SOLVAY 61
9.5.1 COMPANY SNAPSHOT 61
9.5.2 REVENUE ANALYSIS 61
9.5.3 COMPANY SHARE ANALYSIS 62
9.5.4 PRODUCT PORTFOLIO 62
9.5.5 RECENT DEVELOPMENT 63
9.6 ASHLAND 65
9.6.1 COMPANY SNAPSHOT 65
9.6.2 REVENUE ANALYSIS 65
9.6.3 PRODUCT PORTFOLIO 66
9.6.4 RECENT DEVELOPMENT 66
9.7 BIOSYNTHETIC TECHNOLOGIES 67
9.7.1 COMPANY SNAPSHOT 67
9.7.2 PRODUCT PORTFOLIO 67
9.7.3 RECENT DEVELOPMENTS 68
9.8 BP P.L.C. 69
9.8.1 COMPANY SNAPSHOT 69
9.8.2 REVENUE ANALYSIS 69
9.8.3 PRODUCT PORTFOLIO 70
9.8.4 RECENT DEVELOPMENT 70
9.9 CLARIANT 71
9.9.1 COMPANY SNAPSHOT 71
9.9.2 REVENUE ANALYSIS 71
9.9.3 PRODUCT PORTFOLIO 72
9.9.4 RECENT DEVELOPMENTS 74
9.10 COLONIAL CHEMICAL 75
9.10.1 COMPANY SNAPSHOT 75
9.10.2 PRODUCT PORTFOLIO 75
9.10.3 RECENT DEVELOPMENT 76
9.11 DOVER CHEMICAL CORPORATION 77
9.11.1 COMPANY SNAPSHOT 77
9.11.2 PRODUCT PORTFOLIO 77
9.11.3 RECENT DEVELOPMENT 79
9.12 EMERY OLEOCHEMICALS 80
9.12.1 COMPANY SNAPSHOT 80
9.12.2 PRODUCT PORTFOLIO 80
9.12.3 RECENT DEVELOPMENT 80?
9.13 INGEVITY AND ITS RELATED ENTITIES 81
9.13.1 COMPANY SNAPSHOT 81
9.13.2 REVENUE ANALYSIS 81
9.13.3 PRODUCT PORTFOLIO 82
9.13.4 RECENT DEVELOPMENT 82
9.14 ITALMATCH CHEMICALS S.P.A 83
9.14.1 COMPANY SNAPSHOT 83
9.14.2 REVENUE ANALYSIS 83
9.14.3 PRODUCT PORTFOLIO 83
9.14.4 RECENT DEVELOPMENT 86
9.15 KAO CORPORATION 87
9.15.1 COMPANY SNAPSHOT 87
9.15.2 REVENUE ANALYSIS 87
9.15.3 PRODUCT PORTFOLIO 88
9.15.4 RECENT DEVELOPMENT 88
9.16 LANXESS 89
9.16.1 COMPANY SNAPSHOT 89
9.16.2 REVENUE ANALYSIS 89
9.16.3 PRODUCT PORTFOLIO 90
9.16.4 RECENT DEVELOPMENT 90
9.17 PILOT CHEMICAL 91
9.17.1 COMPANY SNAPSHOT 91
9.17.2 PRODUCT PORTFOLIO 91
9.17.3 RECENT DEVELOPMENT 92
9.18 R.T. VANDERBILT HOLDING COMPANY, INC. 93
9.18.1 COMPANY SNAPSHOT 93
9.18.2 PRODUCT PORTFOLIO 93
9.18.3 RECENT DEVELOPMENT 95
9.19 UMICORE 96
9.19.1 COMPANY SNAPSHOT 96
9.19.2 REVENUE ANALYSIS 96
9.19.3 PRODUCT PORTFOLIO 97
9.19.4 RECENT DEVELOPMENT 97
9.20 ZSCHIMMER & SCHWARZ, INC. 98
9.20.1 COMPANY SNAPSHOT 98
9.20.2 PRODUCT PORTFOLIO 98
9.20.3 RECENT DEVELOPMENT 98?
10 QUESTIONNAIRE 99
11 RELATED REPORTS 103
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