Spain Grinding Fluids Market Size & Outlook, 2022-2030
Related Markets
Spain grinding fluids market highlights
- The Spain grinding fluids market generated a revenue of USD 6.8 million in 2022 and is expected to reach USD 8.7 million by 2030.
- The Spain market is expected to grow at a CAGR of 3.2% from 2023 to 2030.
- In terms of segment, semi synthetic was the largest revenue generating type in 2022.
- Water Soluble is the most lucrative type segment registering the fastest growth during the forecast period.
Grinding fluids market data book summary
| Market revenue in 2022 | USD 6.8 million |
| Market revenue in 2030 | USD 8.7 million |
| Growth rate | 3.2% (CAGR from 2023 to 2030) |
| Largest segment | Semi synthetic |
| Fastest growing segment | Water Soluble |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Semi Synthetic, Synthetic, Water Soluble, Other Types |
| Key market players worldwide | Benz Oil, Carborundum Universal, BP Castrol KK, CGF Solutions, EnviroServe Chemicals, ETNA Products Inc, ExxonMobil, Fuchs SE ADR (Representing Pref. Shares), Lincoln Chemical, Sun Chemical, TotalEnergies SE |
Other key industry trends
- In terms of revenue, Spain accounted for 1.0% of the global grinding fluids market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany grinding fluids market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 50.9 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Grinding Fluids Market Scope
Grinding Fluids Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Lincoln Chemical | View profile | 11-50 | Elkhart, Indiana, United States, North America | https://www.lincolnchemical.com/ |
| ETNA Products Inc | View profile | 11-50 | Chagrin Falls, Ohio, United States, North America | https://etna.com |
| EnviroServe Chemicals | View profile | 11-50 | Dunn, North Carolina, United States, North America | https://www.enviroservechemicals.com |
| CGF Solutions | View profile | - | Parsons, Kansas, United States, North America | https://cgf.solutions/ |
| Benz Oil | View profile | 251-500 | Milwaukee, Wisconsin, United States, North America | https://www.benz.com/ |
| Carborundum Universal | View profile | 1001-5000 | Chennai, Tamil Nadu, India, Asia | https://www.cumi-murugappa.com/ |
| ExxonMobil | View profile | 10001+ | Irving, Texas, United States, North America | https://corporate.exxonmobil.com |
| Sun Chemical | View profile | 5001-10000 | Parsippany, New Jersey, United States, North America | http://sunchemical.com |
| BP Castrol KK | View profile | 107 | 1-11-2 Osaki Shinagawa-ku, Gate City Osaki, East Tower 20F, Tokyo, Japan, 141-0032 | http://www.bpcastrol.com |
| Fuchs SE ADR (Representing Pref. Shares) | View profile | 6338 | Einsteinstraße 11, Mannheim, Germany, 68169 | https://www.fuchs.com |
| TotalEnergies SE | View profile | 100000 | 2, Place Jean Millier, La Defense 6, Courbevoie, France, 92400 | https://www.totalenergies.com |
Spain grinding fluids market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to grinding fluids market will help companies and investors design strategic landscapes.
Semi synthetic was the largest segment with a revenue share of 32.35% in 2022. Horizon Databook has segmented the Spain grinding fluids market based on semi synthetic, synthetic, water soluble, other types covering the revenue growth of each sub-segment from 2018 to 2030.
The grinding fluids market in Spain is anticipated to witness growth due to the advancing automotive sector and increased mining activities in the country. According to the Census and Economic Information Center (CEIC).
Moreover, according to Trading Economics, mining production in Spain witnessed an increase of around 10.15% in February 2023 compared to the same month in the previous year.
Reasons to subscribe to Spain grinding fluids market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Spain grinding fluids market databook
-
Our clientele includes a mix of grinding fluids market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Spain grinding fluids market , including forecasts for subscribers. This country databook contains high-level insights into Spain grinding fluids market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Spain grinding fluids market size, by type, 2018-2030 (US$M)
Spain Grinding Fluids Market Outlook Share, 2022 & 2030 (US$M)
Related statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
