EFFICIENT OPERATIONS DEPEND ON PROPER cooling of both the workpiece and tools to eliminate the negative effects of heat. Coolants and lubricants play a crucial role in the performance and longevity of industrial machinery. As such, cooling is a crucial parameter that cannot be overlooked in various processes. They are essential components in the manufacturing industry, providing thermal stability, corrosion protection and friction reduction to the machinery. Both coolants and lubricants offer protection to a cutting tool. Coolants take away the heat generated during the machining process, which increases the life of the cutting tool. Lubricants, on the other hand, reduce friction between two mobile parts during machining, which prevents raw tears.
In recent years, the market for coolants and lubricants has seen significant changes in terms of trends and technologies. What's new and next for metalworking fluids? What are the regulations and localized needs governing MWFs when they are being used? And, what innovations in tooling and in manufacturing overall will take root that might change the very nature of cooling? THE MARKET From a market perspective, the metalworking fluids market is expected to grow globally to $15 billion by 2025, according to Global Market Insights, a research firm and consultancy. In 2020, the Indian automotive coolant market had a value of approximately USD 63 million, but it is projected to increase to over USD 140 million with a compound annual growth rate of about 8% during the forecast period.
The COVID-19 pandemic negatively impacted the market due to a sharp decline in demand for automobiles and suspension of vehicle production during the lockdown period to maintain social distancing guidelines and prevent the spread of the virus. However, as the economy gradually reopens, demand is gradually increasing, and the market is expected to recover in the latter half of 2021.
Esta historia es de la edición March 2023 de Manufacturing Today.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor ? Conectar
Esta historia es de la edición March 2023 de Manufacturing Today.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor? Conectar
Optimising milling operations
Exploring innovative strategies that are reshaping the milling landscape to meet the challenges of a competitive global market.
The path to excellence
Tata AutoComp’s Double Deming triumph is testament to quality and innovation
Boosting India's energy efficiency with advanced low voltage motors
Stefan Floeck, Division President of IEC Low Voltage Motors at ABB Motion, discusses the role of low voltage motors in India’s industrial future.
The Tech of E-commerce
Technology is revolutionising e-commerce by enhancing demand forecasting, inventory management, and customer experiences through AI, blockchain, IoT, and real-time data analytics.
Driving Sustainability and Innovation
A conversation with Rajendra B Chunodkar, President Manufacturing Operations, Lupin
The evolution of machining technologies
The evolution of machining technologies is reshaping the manufacturing landscape, offering unprecedented opportunities for efficiency, precision, and sustainability.
Transforming the future of manufacturing technology
A pre-event report on IMTEX 2025: The premier manufacturing and metal cutting technologies event for
THE MAKE IN INDIA JOURNEY
An analysis of the initiative's impact on the manufacturing sector.
Tata Motors Re.Wi.Re: Innovation meets responsibility
Tata Motors advances circular economy via Re.Wi.Re scrapping facility.
After Apple, Google Pixel set to be manufactured in India
Dixon Technologies' alliance with Compal Electronics is poised to further accelerate India's push to become a global hub for smartphone manufacturing.