Global Metalworking Fluids Market Is Expected to Reach $11.15 Billion by 2022; Finds New Report
Global Metalworking Fluids Market is accounted for $8.52 billion in 2015 and is expected to reach $11.15 billion by 2022 growing at a CAGR of 3.9% during the forecast period. Growth of automobile and heavy machinery industries in emerging economies is one of the key factors driving the market growth. On the other hand, reduction in metal parts by automakers and OEM's is hindering the market.
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