Vietnam Metalworking Fluids Market (2025-2031) Outlook | Analysis, Forecast, Value, Size, Companies, Share, Growth, Revenue, Trends & Industry

Market Forecast By Product (Mineral, Synthetic, Bio-based), By Application (Neat Cutting Oils, Water Cutting Oils, Corrosion Preventive Oils, Others), By End-use (Metal Fabrication, Transportation Equipment, Machinery, Others) And Competitive Landscape
Product Code: ETC297990 Publication Date: Aug 2022 Updated Date: Apr 2025 Product Type: Market Research Report
Publisher: 6Wresearch No. of Pages: 75 No. of Figures: 35 No. of Tables: 20

Vietnam Metalworking Fluids Market Size Growth Rate


The Vietnam Metalworking Fluids Market is poised for steady growth rate improvements from 2025 to 2029. From 10.40% in 2025, the growth rate steadily ascends to 12.68% in 2029.

Vietnam Metalworking Fluids Market Growth Rate

Metalworking Fluids Market: Vietnam vs Top 5 Major Economies in 2027 (Asia)


By 2027, the Metalworking Fluids market in Vietnam is anticipated to reach a growth rate of 11.73%, as part of an increasingly competitive Asia region, where China remains at the forefront, supported by India, Japan, Australia and South Korea, driving innovations and market adoption across sectors.

Metalworking Fluids Market: Vietnam vs Top 5 Major Economies in 2027 (Asia)

Vietnam Metalworking Fluids Market Synopsis

The Vietnam metalworking fluids market is closely related to the metalworking machinery market. Metalworking fluids, such as cutting fluids and coolants, are essential for ensuring the smooth operation of metalworking equipment and enhancing the quality of finished products. The market has witnessed growth in tandem with the expansion of manufacturing industries in Vietnam, where the emphasis on precision and quality is paramount.

Drivers of the Market

The Vietnam metalworking fluids market is witnessing growth due to the country`s manufacturing and machining activities. Metalworking fluids, including cutting oils and coolants, play a crucial role in ensuring the efficiency and longevity of metalworking machinery. As the manufacturing sector expands, the demand for metalworking fluids is expected to increase.

Challenges of the Market

In the Vietnam metalworking fluids market, environmental concerns and regulations present a pressing challenge. The industry relies heavily on cutting fluids and lubricants, which can have adverse environmental impacts if not managed and disposed of properly. Meeting stringent environmental standards while maintaining cost-effectiveness is a constant struggle for companies operating in this sector. Additionally, the need for continuous research and development to create eco-friendly and high-performance metalworking fluids is a financial burden on many businesses.

COVID-19 Impact on the Market

The Vietnam metalworking fluids market experienced fluctuations in demand during the pandemic. As industrial production slowed down, the need for metalworking fluids decreased, affecting the market negatively. Companies also reevaluated their fluid usage to cut costs during uncertain times. However, as production picked up, the market saw a resurgence with an increased focus on sustainable and high-performance metalworking fluids to improve efficiency and extend the life of machinery.

Key Players in the Market

In the Vietnam metalworking fluids market, leading players include Quaker Houghton Vietnam Co., Ltd., Castrol Vietnam Co., Ltd., and Fuchs Lubricants Vietnam Co., Ltd.

Key Highlights of the Report:

  • Vietnam Metalworking Fluids Market Outlook
  • Market Size of Vietnam Metalworking Fluids Market, 2024
  • Forecast of Vietnam Metalworking Fluids Market, 2031
  • Historical Data and Forecast of Vietnam Metalworking Fluids Revenues & Volume for the Period 2021-2031
  • Vietnam Metalworking Fluids Market Trend Evolution
  • Vietnam Metalworking Fluids Market Drivers and Challenges
  • Vietnam Metalworking Fluids Price Trends
  • Vietnam Metalworking Fluids Porter's Five Forces
  • Vietnam Metalworking Fluids Industry Life Cycle
  • Historical Data and Forecast of Vietnam Metalworking Fluids Market Revenues & Volume By Product for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Metalworking Fluids Market Revenues & Volume By Mineral for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Metalworking Fluids Market Revenues & Volume By Synthetic for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Metalworking Fluids Market Revenues & Volume By Bio-based for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Metalworking Fluids Market Revenues & Volume By Application for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Metalworking Fluids Market Revenues & Volume By Neat Cutting Oils for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Metalworking Fluids Market Revenues & Volume By Water Cutting Oils for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Metalworking Fluids Market Revenues & Volume By Corrosion Preventive Oils for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Metalworking Fluids Market Revenues & Volume By Others for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Metalworking Fluids Market Revenues & Volume By End-use for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Metalworking Fluids Market Revenues & Volume By Metal Fabrication for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Metalworking Fluids Market Revenues & Volume By Transportation Equipment for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Metalworking Fluids Market Revenues & Volume By Machinery for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Metalworking Fluids Market Revenues & Volume By Others for the Period 2021-2031
  • Vietnam Metalworking Fluids Import Export Trade Statistics
  • Market Opportunity Assessment By Product
  • Market Opportunity Assessment By Application
  • Market Opportunity Assessment By End-use
  • Vietnam Metalworking Fluids Top Companies Market Share
  • Vietnam Metalworking Fluids Competitive Benchmarking By Technical and Operational Parameters
  • Vietnam Metalworking Fluids Company Profiles
  • Vietnam Metalworking Fluids Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

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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 Vietnam Metalworking Fluids Market Overview

3.1 Vietnam Country Macro Economic Indicators

3.2 Vietnam Metalworking Fluids Market Revenues & Volume, 2021 & 2031F

3.3 Vietnam Metalworking Fluids Market - Industry Life Cycle

3.4 Vietnam Metalworking Fluids Market - Porter's Five Forces

3.5 Vietnam Metalworking Fluids Market Revenues & Volume Share, By Product, 2021 & 2031F

3.6 Vietnam Metalworking Fluids Market Revenues & Volume Share, By Application, 2021 & 2031F

3.7 Vietnam Metalworking Fluids Market Revenues & Volume Share, By End-use, 2021 & 2031F

4 Vietnam Metalworking Fluids Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.3 Market Restraints

5 Vietnam Metalworking Fluids Market Trends

6 Vietnam Metalworking Fluids Market, By Types

6.1 Vietnam Metalworking Fluids Market, By Product

6.1.1 Overview and Analysis

6.1.2 Vietnam Metalworking Fluids Market Revenues & Volume, By Product, 2021-2031F

6.1.3 Vietnam Metalworking Fluids Market Revenues & Volume, By Mineral, 2021-2031F

6.1.4 Vietnam Metalworking Fluids Market Revenues & Volume, By Synthetic, 2021-2031F

6.1.5 Vietnam Metalworking Fluids Market Revenues & Volume, By Bio-based, 2021-2031F

6.2 Vietnam Metalworking Fluids Market, By Application

6.2.1 Overview and Analysis

6.2.2 Vietnam Metalworking Fluids Market Revenues & Volume, By Neat Cutting Oils, 2021-2031F

6.2.3 Vietnam Metalworking Fluids Market Revenues & Volume, By Water Cutting Oils, 2021-2031F

6.2.4 Vietnam Metalworking Fluids Market Revenues & Volume, By Corrosion Preventive Oils, 2021-2031F

6.2.5 Vietnam Metalworking Fluids Market Revenues & Volume, By Others, 2021-2031F

6.3 Vietnam Metalworking Fluids Market, By End-use

6.3.1 Overview and Analysis

6.3.2 Vietnam Metalworking Fluids Market Revenues & Volume, By Metal Fabrication, 2021-2031F

6.3.3 Vietnam Metalworking Fluids Market Revenues & Volume, By Transportation Equipment, 2021-2031F

6.3.4 Vietnam Metalworking Fluids Market Revenues & Volume, By Machinery, 2021-2031F

6.3.5 Vietnam Metalworking Fluids Market Revenues & Volume, By Others, 2021-2031F

7 Vietnam Metalworking Fluids Market Import-Export Trade Statistics

7.1 Vietnam Metalworking Fluids Market Export to Major Countries

7.2 Vietnam Metalworking Fluids Market Imports from Major Countries

8 Vietnam Metalworking Fluids Market Key Performance Indicators

9 Vietnam Metalworking Fluids Market - Opportunity Assessment

9.1 Vietnam Metalworking Fluids Market Opportunity Assessment, By Product, 2021 & 2031F

9.2 Vietnam Metalworking Fluids Market Opportunity Assessment, By Application, 2021 & 2031F

9.3 Vietnam Metalworking Fluids Market Opportunity Assessment, By End-use, 2021 & 2031F

10 Vietnam Metalworking Fluids Market - Competitive Landscape

10.1 Vietnam Metalworking Fluids Market Revenue Share, By Companies, 2024

10.2 Vietnam Metalworking Fluids Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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