Fluids Driving Manufacturing Forward

The rapid expansion of the key end use industries such as automotive, aerospace, defense and machinery manufacturing, are boosting the metalworking fluids (MWFs) market in India with a high growth trajectory. In these sectors, metalworking fluids are being used for cooling, lubrication, and extended tool life in a variety of machining processes, and the use of these fluids is related directly to industrial output and the development of new manufacturing technology. The MWFs market in India is expected to maintain a healthy CAGR over the coming years, according to industry estimates.

The MWF market has been one of the key growth drivers for India’s expanding automotive sector. The consumption of cutting fluids, coolants, and other metalworking lubricants has increased as vehicle production increases in response to both domestic and export demands. As a result of the "Make in India" initiative, supporting local manufacturing, the demand for high performance MWFs that are designed to increase operational efficiency and productivity has seen a marked increase. Further, as EV production rapidly gains momentum, there is an emerging need for advanced metalworking fluids that can address the specific needs of EV components, e.g. lightweight metals and alloys.

Besides, the machinery and equipment manufacturing segments are also growing on account of the Indian government’s investment in infrastructure and FDI inflow in industrial sector, which is increasing the MWF consumption. More recently, advances in fluid formulations such as semi-synthetic and synthetic MWFs with enhanced environmental compliance have become popular because of lower disposal costs and less environmental impact.

In this special issue, we introduce you to the top companies in this segment. Industry Outlook has identified the select few companies that have done particularly well with a high level of dedication. We have found that they have gone the extra mile in proving their commitment to excellence in an integrated manner.

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