DUBLIN, October 4, 2016 /PRNewswire/ --
Research and Markets has announced the addition of the "Global Removal Fluids Market 2016-2020" report to their offering.
The global removal fluids market to grow at a CAGR of 4.2% during the period 2016-2020.
The report covers the present scenario and the growth prospects of the global removal fluids market for 2016-2020. To calculate the market size, the report considers the sales of removal fluids in its various end-user applications, including transportation, machinery, primary and fabricated metals, and metal cans.
Modifications in distribution channels will be a key trend for market growth. The availability of removal fluids is directly dependent on the structure of the distribution channels. There has been a significant shift in the distribution process, especially in North America. One of the major changes in distribution is the introduction of chemical management programs, which pave the way for suppliers of metal finishing products, cleansers, and water treatment chemicals, as well as waste treatment companies, distributors, and others, to supply removal fluids through subcontracts with removal fluid producers.
According to the report, as future removal fluids need to be better performing, new approaches, such as multiphase products systems, are evolving, including metalworking fluid systems for high coolant pressure-based high-speed cutting enabled smaller machines. This will act as a primary driver for the market as technological innovations, and development of new products will open up untapped profit avenues for removal fluids manufacturers.
Further, the report states that China has experienced a constant fast-paced growth, with a GDP of 6.9%, during 2015. Unfortunately, the pace of the growth of the industrial production in the country has slowed down in recent years. This deceleration of the economic growth in the country, along with the near-saturated condition of the removal fluids market in Japan, is a challenge for the manufacturers in these countries.
Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
Key vendors
- BASF
- BP
- Chevron Lubricants
- ExxonMobil
- Lonza
- Fuchs
Other prominent vendors
- Apar
- Columbia Petro Chem
- Gazpromneft
- Idemitsu Kosan
- Lukoil
- Pertamina
- Sinopec
Key Topics Covered:
Part 01: Executive summary
Part 02: Scope of the report
Part 03: Market research methodology
Part 04: Introduction
Part 05: Market landscape
Part 06: Market segmentation by product type
Part 07: Market segmentation by application
Part 08: Geographical segmentation
Part 09: Market drivers
Part 10: Impact of drivers
Part 11: Market challenges
Part 12: Impact of drivers and challenges
Part 13: Market trends
Part 14: Vendor landscape
Part 15: Appendix
For more information about this report visit http://www.researchandmarkets.com/research/gtnkd8/global_removal
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