Cutting Fluid Market Size

Cutting Fluid Market size was valued at USD 11.37 billion in 2024 and is set to exceed USD 19.41 billion by 2037, registering over 4.2% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of cutting fluid is estimated at USD 11.75 billion. Cutting fluids are seeing significant expansion in the market mainly because of the expanding automotive sector brought on by the rising production of automobiles. In metalworking applications, they are frequently utilized as coolants for metal treatment, removal, forming, and protection. Therefore, it is anticipated that an increase in auto production will stimulate the cutting fluids industry. In the year 2022, somewhere around 85 million motor vehicles were produced all over the world.

Increasing demand for sustainable products is predicted to drive the growth of the cutting fluid market. Nowadays, manufacturers are focusing on providing sustainable cutting fluids that are high in demand among consumers. Owing to environmental concerns and other reasons consumers' interest in sustainable products is growing rapidly.