Metal Processing Oil Market Pegged for Robust Expansion by 2025

1. Metal Processing Oil Market  Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2024 ©2019 Transparency Market Research, All Rights Reserved

2. About Us Transparency Market Research (TMR) is a market intelligence company, providing North America business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision-makers. We have an experienced team of Analysts, Researchers, and Consultants, who use proprietary data sources and various tools and techniques to gather and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge. Each TMR Syndicated Research report covers a different sector—such as pharmaceuticals, chemical, energy, food & beverages, semiconductors, med-devices, consumer goods, and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With a wider scope and stratified research methodology, our syndicated reports strive to serve clients and satisfy their overall research requirement.

3. Metal process oils are process oils used in metal processing for lubrication, cooling, and anticorrosion purposes. • Metals need to undergo several mechanical processes such as casting, forging, cutting, drawing, and hardening for usage in a particular application. • However, significant amount of heat and friction is generated during these processes. This causes overheating and wear of worked metal, tools, and machine tools. Metal processing oils are used to control high temperatures and lower wear and tear of tools, machine tools, and forging machines. • Metal processing oils are largely employed in manufacturing processes such as machining, cold and hot drawing, forging, broaching, quenching, heat treatment, rolling, grinding, and cleaning. Global Engineering, Procurement, and Construction Management (EPCM) Market: Overview View Report Download Brochure ©2019 Transparency Market Research, All Rights Reserved

4. Opportunities in Market • Rapid industrialization and expansion of the manufacturing sector are expected to drive the metal processing oil market across the globe. • Increase in proclivity toward efficient and effective manufacture of metal parts by lowering the operating costs is anticipated to boost the metal processing oil market in the near future. • These oils increase the durability of tools and dies by reducing friction and heat, ultimately lowering the tooling and die manufacture costs. • Furthermore, growth in the automotive industry is estimated to fuel the metal processing oil market in developing countries such as India, China, Brazil, and South Africa. • Volatility in prices of oil and gas affects the prices of metal processing oil, as crude oil is the precursor to their production.

5. Metal Processing Oil Market Segmentation The metal processing oil market has been segmented into straight oils, also known as neat oils; soluble oils, also known as emulsifiable oils; semi-synthetic oils; and synthetic oils. Neat oils or straight oils are mineral based oils and occupy significant share of the metal processing oil market. These oils are used for heavy duty operations such as cold drawing and rolling, hobbing, and machining. ©2019 Transparency Market Research, All Rights Reserved

6. Key manufacturers of metal processing oil include Exxon Mobil Corporation Castrol Limited Indian Oil Corporation Ltd United Oil Company. ©2019 Transparency Market Research, All Rights Reserved

7. To know more about us, please visit our website: www.transparencymarketresearch.com For sales queries or new topics email us on: sales@transparencymarketresearch.com For other queries contact:Nachiket Ghumare (Senior Business Development Manager) 90 State Street, Albany NY – 12207, United States Tel: +1-518-618-1030 Email: nachiket@transparencymarketresearch.com T H A N K Y O U