Quenching Fluids and Salts Market Size

  • Report ID: 6737
  • Published Date: Nov 26, 2024
  • Report Format: PDF, PPT

Quenching Fluids and Salts Market Size

Quenching Fluids & Salts Market size was estimated at USD 2.3 billion in 2024 and is projected to attain USD 3.8 billion in 2037, surging at a CAGR of 4.3% during the forecast period i.e. 2025 to 2037. In 2025, the industry size of quenching fluids & salts is assessed at USD 2.4 billion.

The market is expanding rapidly globally as more industries are increasingly implementing the use of efficient heat treatment processes in automotive, aerospace, manufacturing, and metallurgical processing industries. For instance, in February 2023, Solar Atmospheres Inc. announced the approval of critical Boeing specifications for oil quenching of alloy steels in conformance with Boeing's specification BAC 5617.

Quenching fluids and quenching salts play a pivotal role in controlling the rate of metal parts cooling after the heat treatment process, increasing their hardness, strength, and durability accordingly. Increased demand for specialized quenching solutions that aim to produce superior material properties in the light of advanced manufacturing technologies, which include additive manufacturing and precision engineering.

This expansion is also supported by ever-increasing demands on high-performance materials in automotive, especially in lightweight components, as well as high-strength alloys. Environmental concerns and regulatory factors also are affecting the quenching fluids & salts market to foster more environmentally friendly and sound quenching fluids, including water-based and biodegradable ones. This added to the steady progress in heat treatment technologies, is likely to drive quenching fluids and salts in the future.


Quenching Fluids and Salts Market Overview
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Author Credits:  Rajrani Baghel


  • Report ID: 6737
  • Published Date: Nov 26, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of the quenching fluids & salts market was estimated at over USD 2.3 billion.

The market size of the quenching fluids & salts market is projected to cross USD 3.8 billion by the end of 2037 expanding at a CAGR of 4.3% during the forecast period i.e., between 2025-2037.

The major players in the market are Petrofer, Chevron Corporation, Chemtool Incorporated, Croda International Plc, DuBois Chemicals, and others.

Based on the product, the oil segment is anticipated to garner the largest market share of 78.9% by 2037 and display lucrative growth opportunities during 2025-2037.

The market in Asia Pacific is projected to hold the largest market share of 63.1% by the end of 2037 and provide more business opportunities in the future.
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