Product Code: ETC297985 | Publication Date: Aug 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The Thailand Metalworking Fluids Market is projected to witness mixed growth rate patterns during 2025 to 2029. From 3.90% in 2025, the growth rate steadily ascends to 14.30% in 2029.
The Metalworking Fluids market in Thailand is projected to grow at a growing growth rate of 5.14% by 2027, within the Asia region led by China, along with other countries like India, Japan, Australia and South Korea, collectively shaping a dynamic and evolving market environment driven by innovation and increasing adoption of emerging technologies.
The metalworking fluids market in Thailand is closely tied to the metalworking machinery sector. Metalworking fluids, such as cutting oils and coolants, are crucial for ensuring the efficient operation of metalworking machines and the quality of finished products. With the growth of the manufacturing industry, the demand for these fluids is on the rise, driven by the need for precision machining and extended tool life.
The Metalworking Fluids market in Thailand is driven by the need to improve machining efficiency and tool life. Manufacturers in industries like automotive and aerospace require high-performance metalworking fluids to enhance cooling and lubrication during machining processes, leading to better surface quality and increased tool durability.
In the metalworking fluids market, challenges include the need to develop environmentally friendly formulations that comply with regulations while providing effective lubrication and cooling. Manufacturers must also adapt to changing machining processes and materials, which demand different types of fluids. Economic downturns and fluctuations in manufacturing activity can affect the demand for metalworking fluids.
The Metalworking Fluids market in Thailand was affected by the COVID-19 pandemic due to reduced manufacturing activities. Companies in the automotive and aerospace sectors, among others, cut back on production, leading to a temporary decrease in the consumption of metalworking fluids. However, as industries recovered, the demand for high-performance and environmentally friendly metalworking fluids increased, driving innovation in this segment.
The Thailand Metalworking Fluids market is characterized by the presence of leading players who have been instrumental in its growth. FluidTech Solutions Ltd. is a standout player known for its advanced metalworking fluid technology and comprehensive product range. Additionally, ThaiLube Industries has made significant strides in the market with its innovative metalworking fluids and commitment to environmental sustainability. These key players continue to drive growth in the Thailand Metalworking Fluids market.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Thailand Metalworking Fluids Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Metalworking Fluids Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Metalworking Fluids Market - Industry Life Cycle |
3.4 Thailand Metalworking Fluids Market - Porter's Five Forces |
3.5 Thailand Metalworking Fluids Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Thailand Metalworking Fluids Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Thailand Metalworking Fluids Market Revenues & Volume Share, By End-use, 2021 & 2031F |
4 Thailand Metalworking Fluids Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in the manufacturing sector in Thailand |
4.2.2 Increasing demand for high-performance metalworking fluids |
4.2.3 Technological advancements in metalworking fluid formulations |
4.3 Market Restraints |
4.3.1 Environmental regulations restricting the use of certain types of metalworking fluids |
4.3.2 Fluctuating prices of raw materials |
4.3.3 Competition from alternative metalworking processes |
5 Thailand Metalworking Fluids Market Trends |
6 Thailand Metalworking Fluids Market, By Types |
6.1 Thailand Metalworking Fluids Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Thailand Metalworking Fluids Market Revenues & Volume, By Product, 2021-2031F |
6.1.3 Thailand Metalworking Fluids Market Revenues & Volume, By Mineral, 2021-2031F |
6.1.4 Thailand Metalworking Fluids Market Revenues & Volume, By Synthetic, 2021-2031F |
6.1.5 Thailand Metalworking Fluids Market Revenues & Volume, By Bio-based, 2021-2031F |
6.2 Thailand Metalworking Fluids Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Thailand Metalworking Fluids Market Revenues & Volume, By Neat Cutting Oils, 2021-2031F |
6.2.3 Thailand Metalworking Fluids Market Revenues & Volume, By Water Cutting Oils, 2021-2031F |
6.2.4 Thailand Metalworking Fluids Market Revenues & Volume, By Corrosion Preventive Oils, 2021-2031F |
6.2.5 Thailand Metalworking Fluids Market Revenues & Volume, By Others, 2021-2031F |
6.3 Thailand Metalworking Fluids Market, By End-use |
6.3.1 Overview and Analysis |
6.3.2 Thailand Metalworking Fluids Market Revenues & Volume, By Metal Fabrication, 2021-2031F |
6.3.3 Thailand Metalworking Fluids Market Revenues & Volume, By Transportation Equipment, 2021-2031F |
6.3.4 Thailand Metalworking Fluids Market Revenues & Volume, By Machinery, 2021-2031F |
6.3.5 Thailand Metalworking Fluids Market Revenues & Volume, By Others, 2021-2031F |
7 Thailand Metalworking Fluids Market Import-Export Trade Statistics |
7.1 Thailand Metalworking Fluids Market Export to Major Countries |
7.2 Thailand Metalworking Fluids Market Imports from Major Countries |
8 Thailand Metalworking Fluids Market Key Performance Indicators |
8.1 Adoption rate of eco-friendly metalworking fluids |
8.2 Number of new product innovations in the metalworking fluids market |
8.3 Percentage of manufacturing companies using advanced metalworking fluid technologies |
9 Thailand Metalworking Fluids Market - Opportunity Assessment |
9.1 Thailand Metalworking Fluids Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Thailand Metalworking Fluids Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Thailand Metalworking Fluids Market Opportunity Assessment, By End-use, 2021 & 2031F |
10 Thailand Metalworking Fluids Market - Competitive Landscape |
10.1 Thailand Metalworking Fluids Market Revenue Share, By Companies, 2024 |
10.2 Thailand Metalworking Fluids Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |