Metalworking Fluids Market Report 2026

The metalworking fluids market size has grown strongly in recent years. It will grow from $13.5 billion in 2025 to $14.5 billion in 2026 at a compound annual growth rate (CAGR) of 7.4%. The growth in the historic period can be attributed to growth of metal fabrication industries, expansion of automotive manufacturing, increasing cnc machining adoption, rising demand for improved machining efficiency, availability of mineral oil-based fluids.

The metalworking fluids market size is expected to see strong growth in the next few years. It will grow to $18.98 billion in 2030 at a compound annual growth rate (CAGR) of 7%. The growth in the forecast period can be attributed to increasing shift toward sustainable manufacturing, rising adoption of electric vehicle components machining, expansion of aerospace precision parts production, growing focus on worker safety, increasing demand for low-emission fluids. Major trends in the forecast period include increasing adoption of bio-based metalworking fluids, rising demand for high-performance coolants, growing use in precision machining operations, expansion of environmentally compliant lubricants, enhanced focus on tool life optimization.

The growing automotive sector is expected to drive the growth of the metalworking fluids market. The automotive industry comprises businesses and organizations involved in the design, development, production, marketing, and sale of automobiles. Metalworking fluids, which reduce heat and friction during cutting and grinding operations, are widely used by automobile manufacturers in the production of car parts and related equipment. For instance, in July 2023, according to the Society of Motor Manufacturers and Traders, a UK-based trade association, UK car production increased by 11.7% in the first half of 2023, reaching 450,168 units, with June seeing a 16.2% rise, marking the fifth consecutive month of growth. Since January, factories produced 47,037 more units, driven mainly by a 13.6% surge in exports, accounting for 359,940 units or 80% of total production. Domestic production also grew 4.5% to 90,228 units. Therefore, the growing automotive sector drives the growth of the metalworking fluids market.

Major companies in the metalworking fluids market are developing advanced solutions such as high-lubricity microemulsion technology to improve machining efficiency and reliability. High-lubricity microemulsion technology is a coolant and lubricant formulation that enhances tool life, maintains machine cleanliness, and provides stability during demanding metalworking processes. For instance, in October 2025, Master Fluid Solutions, a US-based metalworking fluids company, launched TRIM MicroSol 689NXT, featuring a clean-running microemulsion system. The product offers strong hard water stability and low foam behavior, maintaining surface finish quality. It uses a high percentage of vegetable-based materials, eliminates mineral oil, and supports sustainability goals while delivering high lubricity for stainless steel and Inconel. Its bioresistant package extends sump life and reduces odor issues and unplanned downtime.

In May 2023, AMSOIL Inc., a US-based fuel industry commercial company, acquired Benz Oil for an undisclosed amount. This strategic acquisition is expected to enhance AMSOIL INC's capabilities and expertise in the industrial fluids sector. Integrating Benz Oil's specialization in developing, manufacturing, and supplying industrial and metalworking fluids will strengthen AMSOIL's market position and broaden its product portfolio. Benz Oil, a US-based manufacturer of metalworking fluids, specializes in the development, manufacture, and supply of industrial and metalworking fluid products.

Major companies operating in the metalworking fluids market are ExxonMobil Corporation, TotalEnergies SE, Houghton International Inc., Henkel AG & Co. KGaA, Fuchs Petrolub SE, Quaker Chemical Corporation, Hindustan Petroleum Corporation Limited, Castrol Ltd., Lubri-Graph Corporation, Croda International plc, Shell plc, Lukoil Oil Company, China Petroleum & Chemical Corporation, Apar Industries Limited, Yushiro Chemical Industry Co. Ltd., Idemitsu Kosan Co. Ltd., Cimcool Industrial Products Inc., Blaser Swisslube Co. AG, Motul India Private Limited, Oelheld Inc., Moresco Corporation, QualiChem Ltd., Master Chemical Corp., Hardcastle Petrofer Private Limited, Chevron Phillips Chemical Company, Total Lubricants USA Inc., Petro-Canada Lubricants Inc., Royal Purple LLC, Valvoline Inc., Warren Oil Company Inc.

Asia-Pacific was the largest region in the metalworking fluids market in 2025. North America was the second-largest market in the metalworking fluids market share. The regions covered in the metalworking fluids market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the metalworking fluids market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The metalworking fluids market consists of sales of water-soluble oils and semi-synthetic fluids. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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