The global Quenching Oil market was valued at US$ 1070.1 million in 2022 and is projected to reach US$ 1238.1 million by 2029, at a CAGR of 2.1% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
In materials science, quenching is the rapid cooling of a workpiece in water, oil or air to obtain certain material properties. A type of heat treating, quenching prevents undesired low-temperature processes, such as phase transformations, from occurring. It does this by reducing the window of time during which these undesired reactions are both thermodynamically favorable, and kinetically accessible; for instance, quenching can reduce the crystal grain size of both metallic and plastic materials, increasing their hardness.
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Quenching oil should have the following characteristics: higher flash point to reduce the risk of fire; lower viscosity, to reduce the oil attached to the workpiece caused by the loss; not easy oxidation, stable performance, to slow down the aging and prolongation Service life.
This report aims to provide a comprehensive presentation of the global market for Quenching Oil, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Quenching Oil. This report contains market size and forecasts of Quenching Oil in global, including the following market information:
Global Quenching Oil Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Quenching Oil Market Sales, 2018-2023, 2024-2029, (K MT)
Global top five Quenching Oil companies in 2022 (%)
Global Quenching Oil key players include Gulf Oil-Houghton, Idemitsu Kosan, CPC, etc. Global top three manufacturers hold a share over 25%.
North America is the largest market, with a share about 30%, followed by China and Europe, both have a share about 28 percent.
In terms of product, Ordinary Quenching Oil is the largest segment, with a share over 40%. And in terms of application, the largest application is Metallurgical Industry, followed by Transportation, etc.
We surveyed the Quenching Oil manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Quenching Oil Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Quenching Oil Market Segment Percentages, by Type, 2022 (%)
Ordinary Quenching Oil
Quick Quenching Oil
Speeding Quench Oil
Quick and Bright Quenching Oil
Others
Global Quenching Oil Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Quenching Oil Market Segment Percentages, by Application, 2022 (%)
Metallurgical Industry
Transportation
Others
Global Quenching Oil Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Quenching Oil Market Segment Percentages, By Region and Country, 2022 (%)
North America (United States, Canada, Mexico)
Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
The Middle East and Africa (Middle East, Africa)
South and Central America (Brazil, Argentina, Rest of SCA)
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Quenching Oil revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Quenching Oil revenues share in global market, 2022 (%)
Key companies Quenching Oil sales in global market, 2018-2023 (Estimated), (K MT)
Key companies Quenching Oil sales share in global market, 2022 (%)
key players include:
Gulf Oil-Houghton
Idemitsu Kosan
FUCHS
JX Holding
Mobil Industrial Lubricants
LUKOIL
DuPont
Valvoline
BP Castrol
Chevron
Total S.A.
ConocoPhillips
CPC
Eni
Outline of Major Chapters:
Chapter 1: Introduces the definition of Quenching Oil, market overview.
Chapter 2: Global Quenching Oil market size in revenue and volume.
Chapter 3: Detailed analysis of Quenching Oil manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Quenching Oil in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Quenching Oil capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
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Table of content
1 Introduction to Research & Analysis Reports 1.1 Quenching Oil Market Definition 1.2 Market Segments 1.2.1 Market by Type 1.2.2 Market by Application 1.3 Global Quenching Oil Market Overview 1.4 Features & Benefits of This Report 1.5 Methodology & Sources of Information 1.5.1 Research Methodology 1.5.2 Research Process 1.5.3 Base Year 1.5.4 Report Assumptions & Caveats 2 Global Quenching Oil Overall Market Size 2.1 Global Quenching Oil Market Size: 2022 VS 2029 2.2 Global Quenching Oil Revenue, Prospects & Forecasts: 2018-2029 2.3 Global Quenching Oil Sales: 2018-2029 3 Company Landscape 3.1 Top Quenching Oil Players in Global Market 3.2 Top Global Quenching Oil Companies Ranked by Revenue 3.3 Global Quenching Oil Revenue by Companies 3.4 Global Quenching Oil Sales by Companies 3.5 Global Quenching Oil Price by Manufacturer (2018-2023) 3.6 Top 3 and Top 5 Quenching Oil Companies in Global Market, by Revenue in 2022 3.7 Global Manufacturers Quenching Oil Product Type 3.8 Tier 1, Tier 2 and Tier 3 Quenching Oil Players in Global Market 3.8.1 List of Global Tier 1 Quenching Oil Companies 3.8.2 List of Global Tier 2 and Tier 3 Quenching Oil Companies 4 Sights by Product 4.1 Overview 4.1.1 By Type - Global Quenching Oil Market Size Markets, 2022 & 2029 4.1.2 Ordinary Quenching Oil 4.1.3 Quick Que
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