Metalworking Fluids Industry Overview
The global metalworking fluids (MWFs) market was valued at an estimated USD 12.17 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 4.9% from 2024 to 2030. This growth is primarily driven by the rising demand for products from the automotive and heavy machinery industries. Key end-use sectors such as machinery, metal...
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