Quenching Oils Market by Type (high temperature quenching oils, polymer or water miscible quenching oils, water washable quenching oils, quenching emulsions and others) - Global trends & forecasts to 2020
The Global Quenching Oils market is anticipated to grow at a CAGR of 4% to 5% from 2013. This growth is driven by the end-user markets such as metal, automotive and construction etc. where quenching oils are used extensively owing to their ability to accelerate the process of quenching.
Quenching Oils are developed in order to harden various grades of steel used in industrial applications. These oils contribute in improving the factors associated with performance of steel, such as torsion strength, high ductility, and corrosion resistance. Also, high-performance quench oils must have the following properties: oxidation and thermal resistance, elevated flash point, decreased volatility and acceptable heat-transfer characteristics.
The key Regions covered in Global Quenching Oils Market are Asia-Pacific, North America, Europe, Middle East & Africa and Rest of the World. The various types of quenching oils include high temperature quenching oils, polymer or water miscible quenching oils, water washable quenching oils, quenching emulsions and others. Further, as a part of qualitative analysis, the global quenching oils report provides a comprehensive review of the important drivers, restraints, opportunities, and burning issues in the Quenching Oils market.
The Global Quenching Oils Market report also provides an extensive competitive landscape of the companies operating in this market. It also includes the company profiles of and competitive strategies adopted by various market players, including Chevron Corporation (Germany), Dow Chemicals (U.S.), Houghton International, Inc. (U.S.), Royal Dutch Shell Plc (The Netherlands), Total S.A (France), and Mobil Industrial Lubricants (U.S.) etc.
Growth opportunities and latent adjacency in Quenching Oils Market