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Market Outlook

Description

The global Quenching Oil Market size was valued at USD 1070.1 million in 2022 and is forecast to a readjusted size of USD 1238.1 million by 2029 with a CAGR of 2.1% during review period.

Report Description
Description

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.

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.

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.

This report is a detailed and comprehensive analysis for global Quenching Oil market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.


Key Features:

  • Global Quenching Oil market size and forecasts, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2018-2029.
  • Global Quenching Oil market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2018-2029.
  • Global Quenching Oil market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2018-2029.
  • Global Quenching Oil market shares of main players, shipments in revenue ($ Million), sales quantity (K MT), and ASP (USD/MT), 2018-2023.


The Primary Objectives in This Report Are:

  • To determine the size of the total market opportunity of global and key countries.
  • To assess the growth potential for Quenching Oil.
  • To forecast future growth in each product and end-use market.
  • To assess competitive factors affecting the marketplace.


This report profiles key players in the global Quenching Oil market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.

Key Market Players

Description
  • Gulf Oil-Houghton
  • Idemitsu Kosan
  • FUCHS
  • JX Holding
  • Mobil Industrial Lubricants
  • LUKOIL
  • DuPont
  • Valvoline
  • BP Castrol
  • Chevron
  • Total S.A.
  • ConocoPhillips
  • CPC
  • Eni

Segmentation By Type

Description
  • Ordinary Quenching Oil
  • Quick Quenching Oil
  • Speeding Quench Oil
  • Quick and Bright Quenching Oil
  • Others

Segmentation By Application

Description
  • Metallurgical Industry
  • Transportation
  • Others

Segmentation By Region

Description
  • North America (United States, Canada and Mexico)
  • Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
  • Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
  • South America (Brazil, Argentina, Colombia, and Rest of South America)
  • Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

Market SWOT Analysis

Description

What are the strengths of the Quenching Oil Market in 2025?

Quenching oil is essential in heat treatment processes for metals, offering fast cooling rates and excellent thermal stability. Its high demand in industries like automotive, aerospace, and manufacturing contributes to the market's steady growth.

What are the weaknesses of the Quenching Oil Market in 2025?

The environmental impact of quenching oils, particularly their disposal and contamination concerns, can limit their adoption. Additionally, the high cost of some specialty quenching oils might restrict their use in price-sensitive industries.

What are the opportunities for the Quenching Oil Market in 2025?

The growing demand for high-quality, durable metal components in industries like automotive and aerospace presents an opportunity for growth. Furthermore, the development of more environmentally friendly and biodegradable quenching oils could open new market segments.

What are the threats to the Quenching Oil Market in 2025?

The rise of alternative cooling methods, such as water-based quenching solutions and air cooling, could reduce the demand for traditional quenching oils. Additionally, fluctuations in oil prices and environmental regulations may affect production and market stability.

Market PESTEL Analysis

Description

How do political factors impact the Quenching Oil Market in 2025?

Government regulations on the environmental impact of chemical products, particularly in industries like automotive and manufacturing, influence the demand for quenching oil. Political initiatives to promote energy-efficient and sustainable manufacturing processes also encourage the adoption of eco-friendly quenching oils.

What economic factors affect the Quenching Oil Market in 2025?

Economic growth in industries such as automotive, aerospace, and heavy machinery boosts the demand for quenching oil, which is crucial for heat treatment processes. Price fluctuations of raw materials and energy costs can impact the overall production and pricing of quenching oils.

What social factors shape the Quenching Oil Market in 2025?

The rising demand for high-quality, durable components in automotive and aerospace industries pushes the market for quenching oils. Social concerns about product safety, particularly in heavy machinery and manufacturing sectors, drive the need for superior quenching oils.

What technological factors are relevant to the Quenching Oil Market in 2025?

Advancements in quenching oil formulations, including the development of oils with better cooling properties and lower environmental impact, are shaping the market. Innovations in heat treatment technologies, such as induction heating, also require advanced quenching oils to improve efficiency.

What environmental factors influence the Quenching Oil Market in 2025?

Increasing environmental regulations on waste disposal, oil recycling, and reducing harmful emissions push the development of environmentally friendly quenching oils. The need for safer, biodegradable oils with minimal ecological impact is becoming more significant in the market.

How do legal factors impact the Quenching Oil Market in 2025?

Compliance with industry regulations on material safety, product standards, and environmental impacts is crucial in the production of quenching oils. Legal requirements for proper disposal and recycling of industrial oils also influence market trends and product development.

Market SIPOC Analysis

Description

Who are the suppliers in the Quenching Oil Market in 2025?

Suppliers include manufacturers of quenching oils, chemical producers, and companies specializing in thermal treatment fluids used in metal processing.

What are the inputs in the Quenching Oil Market in 2025?

Inputs include base oils, additives for enhancing cooling properties, and chemical stabilizers to improve the performance of quenching oils in heat treatment processes.

What processes are involved in the Quenching Oil Market in 2025?

Processes include blending of oils, chemical treatments, and the distribution of quenching oils for use in hardening and tempering metal components.

Who are the customers in the Quenching Oil Market in 2025?

Customers include metalworking companies, heat treatment facilities, and manufacturers of automotive and industrial components requiring controlled cooling during metal processing.

What are the outcomes in the Quenching Oil Market in 2025?

Outcomes include increased demand for high-performance quenching oils in industries focused on precision metal treatment and improved manufacturing efficiency.

Market Porter's Five Forces

Description

What is the threat of new entrants in the Quenching Oil Market in 2025?

The threat of new entrants is low. Quenching oil production requires a deep understanding of chemistry and advanced technology for oil formulations, and the market is already populated by a few key players with established reputations.

What is the bargaining power of suppliers in the Quenching Oil Market in 2025?

The bargaining power of suppliers is moderate. While there are several raw materials used in quenching oil production, the need for high-quality base oils and additives means that suppliers with superior materials can exert some control over pricing.

What is the bargaining power of buyers in the Quenching Oil Market in 2025?

The bargaining power of buyers is moderate. Buyers in industries like automotive and aerospace have specialized needs, and while suppliers are few, they can still shop around for quality and price differences, allowing them to exert some leverage.

What is the threat of substitute products in the Quenching Oil Market in 2025?

The threat of substitutes is low. Quenching oils are specifically formulated to optimize cooling and hardening processes in metalworking, and no other material currently offers the same combination of properties for such applications.

What is the intensity of competitive rivalry in the Quenching Oil Market in 2025?

The intensity of competitive rivalry is moderate. As the demand for high-quality quenching oils grows, established companies in the market are competing on quality, innovation, and price to secure contracts with industries requiring precision heat treatment processes.

Market Upstream Analysis
Description

What are the key raw materials in the Quenching Oil Market in 2025?

Key raw materials include mineral oils, synthetic oils, and various additives, which are used to produce quenching oils for heat treatment processes in metalworking industries.

What role do suppliers play in the Quenching Oil Market in 2025?

Suppliers provide the base oils and specialized additives that enhance the cooling and lubricating properties of quenching oils, ensuring they meet the needs of industries requiring precise heat treatment of metals.

How does the regulatory environment affect upstream factors in this market?

Regulations on chemical safety, waste disposal, and environmental impact affect the formulation and production processes of quenching oils, encouraging the development of more sustainable and safer oil products.

What technological advancements influence upstream production in the Quenching Oil Market in 2025?

Advancements in oil formulation, including the development of environmentally friendly, bio-based quenching oils, and improvements in heat transfer efficiency, are driving the evolution of quenching oil production.

What challenges do upstream suppliers face in this market?

Suppliers face challenges in sourcing raw materials that meet performance requirements, managing costs associated with production, and adapting to increasing environmental standards that demand lower toxicity and better recyclability.

Market Midstream Analysis
Description

What are the key processes involved in the midstream of the Quenching Oil Market in 2025?

The key processes involve the refining and blending of base oils with additives to produce quenching oils, followed by quality control, packaging, and distribution to industries like automotive and manufacturing for heat treatment processes.

How do manufacturers contribute to the Quenching Oil Market in 2025?

Manufacturers focus on developing quenching oils with tailored cooling rates and improved thermal stability to meet the specific needs of industries involved in metalworking and heat treatment of steel components.

What is the role of packaging in the midstream of this market?

Packaging ensures that quenching oils are kept free from contaminants and remain stable during storage and transportation, preserving their effectiveness for high-performance heat treatment processes.

What challenges do companies face in the midstream of this market?

Challenges include maintaining consistent product quality, optimizing oil blends for different applications, and addressing environmental regulations related to the disposal and recycling of used quenching oils.

How do distribution channels affect the Quenching Oil Market in 2025?

Distribution channels ensure the timely delivery of quenching oils to industries like automotive and manufacturing, where they are essential for maintaining the strength and durability of metal parts through effective heat treatment processes.

Market Downstream Analysis
Description

What are the key consumer segments in the Quenching Oil Market in 2025?

Metallurgical, automotive, and aerospace industries use quenching oils for controlled cooling in heat treatment processes to enhance material hardness and strength.

What role do distributors and suppliers play in the Quenching Oil Market in 2025?

Distributors supply specialized quenching oils with varying cooling rates to suit different metal hardening applications.

What challenges do companies face in the downstream market of this industry?

Challenges include environmental concerns over oil disposal, ensuring uniform cooling properties, and developing alternatives with reduced emissions.

How does consumer feedback influence the Quenching Oil Market in 2025?

Growing interest in sustainable manufacturing leads to innovations in biodegradable and water-based quenching fluids.

Chapter Overview
Description

Chapter 1, to describe Quenching Oil product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Quenching Oil, with price, sales, revenue and global market share of Quenching Oil from 2018 to 2023.
Chapter 3, the Quenching Oil competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Quenching Oil breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Quenching Oil market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of Quenching Oil.
Chapter 14 and 15, to describe Quenching Oil sales channel, distributors, customers, research findings and conclusion.

Table Of Contents
Description

1 Market Overview

   1.1 Product Overview and Scope of Quenching Oil
   1.2 Market Estimation Caveats and Base Year
   1.3 Market Analysis by Type
       1.3.1 Overview: Global Quenching Oil Consumption Value by Type: 2018 Versus 2022 Versus 2029
       1.3.2 Ordinary Quenching Oil
       1.3.3 Quick Quenching Oil
       1.3.4 Speeding Quench Oil
       1.3.5 Quick and Bright Quenching Oil
       1.3.6 Others
   1.4 Market Analysis by Application
       1.4.1 Overview: Global Quenching Oil Consumption Value by Application: 2018 Versus 2022 Versus 2029
       1.4.2 Metallurgical Industry
       1.4.3 Transportation
       1.4.4 Others
   1.5 Global Quenching Oil Market Size & Forecast
       1.5.1 Global Quenching Oil Consumption Value (2018 & 2022 & 2029)
       1.5.2 Global Quenching Oil Sales Quantity (2018-2029)
       1.5.3 Global Quenching Oil Average Price (2018-2029)

2 Manufacturers Profiles

   2.1 Gulf Oil-Houghton
       2.1.1 Gulf Oil-Houghton Details
       2.1.2 Gulf Oil-Houghton Major Business
       2.1.3 Gulf Oil-Houghton Quenching Oil Product and Services
       2.1.4 Gulf Oil-Houghton Quenching Oil Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
       2.1.5 Gulf Oil-Houghton Recent Developments/Updates
   2.2 Idemitsu Kosan
       2.2.1 Idemitsu Kosan Details
       2.2.2 Idemitsu Kosan Major Business
       2.2.3 Idemitsu Kosan Quenching Oil Product and Services
       2.2.4 Idemitsu Kosan Quenching Oil Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
       2.2.5 Idemitsu Kosan Recent Developments/Updates
   2.3 FUCHS
       2.3.1 FUCHS Details
       2.3.2 FUCHS Major Business
       2.3.3 FUCHS Quenching Oil Product and Services
       2.3.4 FUCHS Quenching Oil Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
       2.3.5 FUCHS Recent Developments/Updates
   2.4 JX Holding
       2.4.1 JX Holding Details
       2.4.2 JX Holding Major Business
       2.4.3 JX Holding Quenching Oil Product and Services
       2.4.4 JX Holding Quenching Oil Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
       2.4.5 JX Holding Recent Developments/Updates
   2.5 Mobil Industrial Lubricants
       2.5.1 Mobil Industrial Lubricants Details
       2.5.2 Mobil Industrial Lubricants Major Business
       2.5.3 Mobil Industrial Lubricants Quenching Oil Product and Services
       2.5.4 Mobil Industrial Lubricants Quenching Oil Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
       2.5.5 Mobil Industrial Lubricants Recent Developments/Updates
   2.6 LUKOIL
       2.6.1 LUKOIL Details
       2.6.2 LUKOIL Major Business
       2.6.3 LUKOIL Quenching Oil Product and Services
       2.6.4 LUKOIL Quenching Oil Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
       2.6.5 LUKOIL Recent Developments/Updates
   2.7 DuPont
       2.7.1 DuPont Details
       2.7.2 DuPont Major Business
       2.7.3 DuPont Quenching Oil Product and Services
       2.7.4 DuPont Quenching Oil Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
       2.7.5 DuPont Recent Developments/Updates
   2.8 Valvoline
       2.8.1 Valvoline Details
       2.8.2 Valvoline Major Business
       2.8.3 Valvoline Quenching Oil Product and Services
       2.8.4 Valvoline Quenching Oil Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
       2.8.5 Valvoline Recent Developments/Updates
   2.9 BP Castrol
       2.9.1 BP Castrol Details
       2.9.2 BP Castrol Major Business
       2.9.3 BP Castrol Quenching Oil Product and Services
       2.9.4 BP Castrol Quenching Oil Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
       2.9.5 BP Castrol Recent Developments/Updates
   2.10 Chevron
       2.10.1 Chevron Details
       2.10.2 Chevron Major Business
       2.10.3 Chevron Quenching Oil Product and Services
       2.10.4 Chevron Quenching Oil Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
       2.10.5 Chevron Recent Developments/Updates
   2.11 Total S.A.
       2.11.1 Total S.A. Details
       2.11.2 Total S.A. Major Business
       2.11.3 Total S.A. Quenching Oil Product and Services
       2.11.4 Total S.A. Quenching Oil Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
       2.11.5 Total S.A. Recent Developments/Updates
   2.12 ConocoPhillips
       2.12.1 ConocoPhillips Details
       2.12.2 ConocoPhillips Major Business
       2.12.3 ConocoPhillips Quenching Oil Product and Services
       2.12.4 ConocoPhillips Quenching Oil Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
       2.12.5 ConocoPhillips Recent Developments/Updates
   2.13 CPC
       2.13.1 CPC Details
       2.13.2 CPC Major Business
       2.13.3 CPC Quenching Oil Product and Services
       2.13.4 CPC Quenching Oil Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
       2.13.5 CPC Recent Developments/Updates
   2.14 Eni
       2.14.1 Eni Details
       2.14.2 Eni Major Business
       2.14.3 Eni Quenching Oil Product and Services
       2.14.4 Eni Quenching Oil Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
       2.14.5 Eni Recent Developments/Updates

3 Competitive Environment: Quenching Oil by Manufacturer

   3.1 Global Quenching Oil Sales Quantity by Manufacturer (2018-2023)
   3.2 Global Quenching Oil Revenue by Manufacturer (2018-2023)
   3.3 Global Quenching Oil Average Price by Manufacturer (2018-2023)
   3.4 Market Share Analysis (2022)
       3.4.1 Producer Shipments of Quenching Oil by Manufacturer Revenue ($MM) and Market Share (%): 2022
       3.4.2 Top 3 Quenching Oil Manufacturer Market Share in 2022
       3.4.2 Top 6 Quenching Oil Manufacturer Market Share in 2022
   3.5 Quenching Oil Market: Overall Company Footprint Analysis
       3.5.1 Quenching Oil Market: Region Footprint
       3.5.2 Quenching Oil Market: Company Product Type Footprint
       3.5.3 Quenching Oil Market: Company Product Application Footprint
   3.6 New Market Entrants and Barriers to Market Entry
   3.7 Mergers, Acquisition, Agreements, and Collaborations

4 Consumption Analysis by Region

   4.1 Global Quenching Oil Market Size by Region
       4.1.1 Global Quenching Oil Sales Quantity by Region (2018-2029)
       4.1.2 Global Quenching Oil Consumption Value by Region (2018-2029)
       4.1.3 Global Quenching Oil Average Price by Region (2018-2029)
   4.2 North America Quenching Oil Consumption Value (2018-2029)
   4.3 Europe Quenching Oil Consumption Value (2018-2029)
   4.4 Asia-Pacific Quenching Oil Consumption Value (2018-2029)
   4.5 South America Quenching Oil Consumption Value (2018-2029)
   4.6 Middle East and Africa Quenching Oil Consumption Value (2018-2029)

5 Market Segment by Type

   5.1 Global Quenching Oil Sales Quantity by Type (2018-2029)
   5.2 Global Quenching Oil Consumption Value by Type (2018-2029)
   5.3 Global Quenching Oil Average Price by Type (2018-2029)

6 Market Segment by Application

   6.1 Global Quenching Oil Sales Quantity by Application (2018-2029)
   6.2 Global Quenching Oil Consumption Value by Application (2018-2029)
   6.3 Global Quenching Oil Average Price by Application (2018-2029)

7 North America

   7.1 North America Quenching Oil Sales Quantity by Type (2018-2029)
   7.2 North America Quenching Oil Sales Quantity by Application (2018-2029)
   7.3 North America Quenching Oil Market Size by Country
       7.3.1 North America Quenching Oil Sales Quantity by Country (2018-2029)
       7.3.2 North America Quenching Oil Consumption Value by Country (2018-2029)
       7.3.3 United States Market Size and Forecast (2018-2029)
       7.3.4 Canada Market Size and Forecast (2018-2029)
       7.3.5 Mexico Market Size and Forecast (2018-2029)

8 Europe

   8.1 Europe Quenching Oil Sales Quantity by Type (2018-2029)
   8.2 Europe Quenching Oil Sales Quantity by Application (2018-2029)
   8.3 Europe Quenching Oil Market Size by Country
       8.3.1 Europe Quenching Oil Sales Quantity by Country (2018-2029)
       8.3.2 Europe Quenching Oil Consumption Value by Country (2018-2029)
       8.3.3 Germany Market Size and Forecast (2018-2029)
       8.3.4 France Market Size and Forecast (2018-2029)
       8.3.5 United Kingdom Market Size and Forecast (2018-2029)
       8.3.6 Russia Market Size and Forecast (2018-2029)
       8.3.7 Italy Market Size and Forecast (2018-2029)

9 Asia-Pacific

   9.1 Asia-Pacific Quenching Oil Sales Quantity by Type (2018-2029)
   9.2 Asia-Pacific Quenching Oil Sales Quantity by Application (2018-2029)
   9.3 Asia-Pacific Quenching Oil Market Size by Region
       9.3.1 Asia-Pacific Quenching Oil Sales Quantity by Region (2018-2029)
       9.3.2 Asia-Pacific Quenching Oil Consumption Value by Region (2018-2029)
       9.3.3 China Market Size and Forecast (2018-2029)
       9.3.4 Japan Market Size and Forecast (2018-2029)
       9.3.5 Korea Market Size and Forecast (2018-2029)
       9.3.6 India Market Size and Forecast (2018-2029)
       9.3.7 Southeast Asia Market Size and Forecast (2018-2029)
       9.3.8 Australia Market Size and Forecast (2018-2029)

10 South America

   10.1 South America Quenching Oil Sales Quantity by Type (2018-2029)
   10.2 South America Quenching Oil Sales Quantity by Application (2018-2029)
   10.3 South America Quenching Oil Market Size by Country
       10.3.1 South America Quenching Oil Sales Quantity by Country (2018-2029)
       10.3.2 South America Quenching Oil Consumption Value by Country (2018-2029)
       10.3.3 Brazil Market Size and Forecast (2018-2029)
       10.3.4 Argentina Market Size and Forecast (2018-2029)

11 Middle East & Africa

   11.1 Middle East & Africa Quenching Oil Sales Quantity by Type (2018-2029)
   11.2 Middle East & Africa Quenching Oil Sales Quantity by Application (2018-2029)
   11.3 Middle East & Africa Quenching Oil Market Size by Country
       11.3.1 Middle East & Africa Quenching Oil Sales Quantity by Country (2018-2029)
       11.3.2 Middle East & Africa Quenching Oil Consumption Value by Country (2018-2029)
       11.3.3 Turkey Market Size and Forecast (2018-2029)
       11.3.4 Egypt Market Size and Forecast (2018-2029)
       11.3.5 Saudi Arabia Market Size and Forecast (2018-2029)
       11.3.6 South Africa Market Size and Forecast (2018-2029)

12 Market Dynamics

   12.1 Quenching Oil Market Drivers
   12.2 Quenching Oil Market Restraints
   12.3 Quenching Oil Trends Analysis
   12.4 Porters Five Forces Analysis
       12.4.1 Threat of New Entrants
       12.4.2 Bargaining Power of Suppliers
       12.4.3 Bargaining Power of Buyers
       12.4.4 Threat of Substitutes
       12.4.5 Competitive Rivalry
   12.5 Influence of COVID-19 and Russia-Ukraine War
       12.5.1 Influence of COVID-19
       12.5.2 Influence of Russia-Ukraine War

13 Raw Material and Industry Chain

   13.1 Raw Material of Quenching Oil and Key Manufacturers
   13.2 Manufacturing Costs Percentage of Quenching Oil
   13.3 Quenching Oil Production Process
   13.4 Quenching Oil Industrial Chain

14 Shipments by Distribution Channel

   14.1 Sales Channel
       14.1.1 Direct to End-User
       14.1.2 Distributors
   14.2 Quenching Oil Typical Distributors
   14.3 Quenching Oil Typical Customers

15 Research Findings and Conclusion

16 Appendix

   16.1 Methodology
   16.2 Research Process and Data Source
   16.3 Disclaimer

Tables And Figures
Description

List of Tables

   Table 1. Global Quenching Oil Consumption Value by Type, (USD Million), 2018 & 2022 & 2029
   Table 2. Global Quenching Oil Consumption Value by Application, (USD Million), 2018 & 2022 & 2029
   Table 3. Gulf Oil-Houghton Basic Information, Manufacturing Base and Competitors
   Table 4. Gulf Oil-Houghton Major Business
   Table 5. Gulf Oil-Houghton Quenching Oil Product and Services
   Table 6. Gulf Oil-Houghton Quenching Oil Sales Quantity (K MT), Average Price (USD/MT), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
   Table 7. Gulf Oil-Houghton Recent Developments/Updates
   Table 8. Idemitsu Kosan Basic Information, Manufacturing Base and Competitors
   Table 9. Idemitsu Kosan Major Business
   Table 10. Idemitsu Kosan Quenching Oil Product and Services
   Table 11. Idemitsu Kosan Quenching Oil Sales Quantity (K MT), Average Price (USD/MT), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
   Table 12. Idemitsu Kosan Recent Developments/Updates
   Table 13. FUCHS Basic Information, Manufacturing Base and Competitors
   Table 14. FUCHS Major Business
   Table 15. FUCHS Quenching Oil Product and Services
   Table 16. FUCHS Quenching Oil Sales Quantity (K MT), Average Price (USD/MT), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
   Table 17. FUCHS Recent Developments/Updates
   Table 18. JX Holding Basic Information, Manufacturing Base and Competitors
   Table 19. JX Holding Major Business
   Table 20. JX Holding Quenching Oil Product and Services
   Table 21. JX Holding Quenching Oil Sales Quantity (K MT), Average Price (USD/MT), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
   Table 22. JX Holding Recent Developments/Updates
   Table 23. Mobil Industrial Lubricants Basic Information, Manufacturing Base and Competitors
   Table 24. Mobil Industrial Lubricants Major Business
   Table 25. Mobil Industrial Lubricants Quenching Oil Product and Services
   Table 26. Mobil Industrial Lubricants Quenching Oil Sales Quantity (K MT), Average Price (USD/MT), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
   Table 27. Mobil Industrial Lubricants Recent Developments/Updates
   Table 28. LUKOIL Basic Information, Manufacturing Base and Competitors
   Table 29. LUKOIL Major Business
   Table 30. LUKOIL Quenching Oil Product and Services
   Table 31. LUKOIL Quenching Oil Sales Quantity (K MT), Average Price (USD/MT), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
   Table 32. LUKOIL Recent Developments/Updates
   Table 33. DuPont Basic Information, Manufacturing Base and Competitors
   Table 34. DuPont Major Business
   Table 35. DuPont Quenching Oil Product and Services
   Table 36. DuPont Quenching Oil Sales Quantity (K MT), Average Price (USD/MT), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
   Table 37. DuPont Recent Developments/Updates
   Table 38. Valvoline Basic Information, Manufacturing Base and Competitors
   Table 39. Valvoline Major Business
   Table 40. Valvoline Quenching Oil Product and Services
   Table 41. Valvoline Quenching Oil Sales Quantity (K MT), Average Price (USD/MT), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
   Table 42. Valvoline Recent Developments/Updates
   Table 43. BP Castrol Basic Information, Manufacturing Base and Competitors
   Table 44. BP Castrol Major Business
   Table 45. BP Castrol Quenching Oil Product and Services
   Table 46. BP Castrol Quenching Oil Sales Quantity (K MT), Average Price (USD/MT), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
   Table 47. BP Castrol Recent Developments/Updates
   Table 48. Chevron Basic Information, Manufacturing Base and Competitors
   Table 49. Chevron Major Business
   Table 50. Chevron Quenching Oil Product and Services
   Table 51. Chevron Quenching Oil Sales Quantity (K MT), Average Price (USD/MT), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
   Table 52. Chevron Recent Developments/Updates
   Table 53. Total S.A. Basic Information, Manufacturing Base and Competitors
   Table 54. Total S.A. Major Business
   Table 55. Total S.A. Quenching Oil Product and Services
   Table 56. Total S.A. Quenching Oil Sales Quantity (K MT), Average Price (USD/MT), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
   Table 57. Total S.A. Recent Developments/Updates
   Table 58. ConocoPhillips Basic Information, Manufacturing Base and Competitors
   Table 59. ConocoPhillips Major Business
   Table 60. ConocoPhillips Quenching Oil Product and Services
   Table 61. ConocoPhillips Quenching Oil Sales Quantity (K MT), Average Price (USD/MT), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
   Table 62. ConocoPhillips Recent Developments/Updates
   Table 63. CPC Basic Information, Manufacturing Base and Competitors
   Table 64. CPC Major Business
   Table 65. CPC Quenching Oil Product and Services
   Table 66. CPC Quenching Oil Sales Quantity (K MT), Average Price (USD/MT), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
   Table 67. CPC Recent Developments/Updates
   Table 68. Eni Basic Information, Manufacturing Base and Competitors
   Table 69. Eni Major Business
   Table 70. Eni Quenching Oil Product and Services
   Table 71. Eni Quenching Oil Sales Quantity (K MT), Average Price (USD/MT), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
   Table 72. Eni Recent Developments/Updates
   Table 73. Global Quenching Oil Sales Quantity by Manufacturer (2018-2023) & (K MT)
   Table 74. Global Quenching Oil Revenue by Manufacturer (2018-2023) & (USD Million)
   Table 75. Global Quenching Oil Average Price by Manufacturer (2018-2023) & (USD/MT)
   Table 76. Market Position of Manufacturers in Quenching Oil, (Tier 1, Tier 2, and Tier 3), Based on Consumption Value in 2022
   Table 77. Head Office and Quenching Oil Production Site of Key Manufacturer
   Table 78. Quenching Oil Market: Company Product Type Footprint
   Table 79. Quenching Oil Market: Company Product Application Footprint
   Table 80. Quenching Oil New Market Entrants and Barriers to Market Entry
   Table 81. Quenching Oil Mergers, Acquisition, Agreements, and Collaborations
   Table 82. Global Quenching Oil Sales Quantity by Region (2018-2023) & (K MT)
   Table 83. Global Quenching Oil Sales Quantity by Region (2024-2029) & (K MT)
   Table 84. Global Quenching Oil Consumption Value by Region (2018-2023) & (USD Million)
   Table 85. Global Quenching Oil Consumption Value by Region (2024-2029) & (USD Million)
   Table 86. Global Quenching Oil Average Price by Region (2018-2023) & (USD/MT)
   Table 87. Global Quenching Oil Average Price by Region (2024-2029) & (USD/MT)
   Table 88. Global Quenching Oil Sales Quantity by Type (2018-2023) & (K MT)
   Table 89. Global Quenching Oil Sales Quantity by Type (2024-2029) & (K MT)
   Table 90. Global Quenching Oil Consumption Value by Type (2018-2023) & (USD Million)
   Table 91. Global Quenching Oil Consumption Value by Type (2024-2029) & (USD Million)
   Table 92. Global Quenching Oil Average Price by Type (2018-2023) & (USD/MT)
   Table 93. Global Quenching Oil Average Price by Type (2024-2029) & (USD/MT)
   Table 94. Global Quenching Oil Sales Quantity by Application (2018-2023) & (K MT)
   Table 95. Global Quenching Oil Sales Quantity by Application (2024-2029) & (K MT)
   Table 96. Global Quenching Oil Consumption Value by Application (2018-2023) & (USD Million)
   Table 97. Global Quenching Oil Consumption Value by Application (2024-2029) & (USD Million)
   Table 98. Global Quenching Oil Average Price by Application (2018-2023) & (USD/MT)
   Table 99. Global Quenching Oil Average Price by Application (2024-2029) & (USD/MT)
   Table 100. North America Quenching Oil Sales Quantity by Type (2018-2023) & (K MT)
   Table 101. North America Quenching Oil Sales Quantity by Type (2024-2029) & (K MT)
   Table 102. North America Quenching Oil Sales Quantity by Application (2018-2023) & (K MT)
   Table 103. North America Quenching Oil Sales Quantity by Application (2024-2029) & (K MT)
   Table 104. North America Quenching Oil Sales Quantity by Country (2018-2023) & (K MT)
   Table 105. North America Quenching Oil Sales Quantity by Country (2024-2029) & (K MT)
   Table 106. North America Quenching Oil Consumption Value by Country (2018-2023) & (USD Million)
   Table 107. North America Quenching Oil Consumption Value by Country (2024-2029) & (USD Million)
   Table 108. Europe Quenching Oil Sales Quantity by Type (2018-2023) & (K MT)
   Table 109. Europe Quenching Oil Sales Quantity by Type (2024-2029) & (K MT)
   Table 110. Europe Quenching Oil Sales Quantity by Application (2018-2023) & (K MT)
   Table 111. Europe Quenching Oil Sales Quantity by Application (2024-2029) & (K MT)
   Table 112. Europe Quenching Oil Sales Quantity by Country (2018-2023) & (K MT)
   Table 113. Europe Quenching Oil Sales Quantity by Country (2024-2029) & (K MT)
   Table 114. Europe Quenching Oil Consumption Value by Country (2018-2023) & (USD Million)
   Table 115. Europe Quenching Oil Consumption Value by Country (2024-2029) & (USD Million)
   Table 116. Asia-Pacific Quenching Oil Sales Quantity by Type (2018-2023) & (K MT)
   Table 117. Asia-Pacific Quenching Oil Sales Quantity by Type (2024-2029) & (K MT)
   Table 118. Asia-Pacific Quenching Oil Sales Quantity by Application (2018-2023) & (K MT)
   Table 119. Asia-Pacific Quenching Oil Sales Quantity by Application (2024-2029) & (K MT)
   Table 120. Asia-Pacific Quenching Oil Sales Quantity by Region (2018-2023) & (K MT)
   Table 121. Asia-Pacific Quenching Oil Sales Quantity by Region (2024-2029) & (K MT)
   Table 122. Asia-Pacific Quenching Oil Consumption Value by Region (2018-2023) & (USD Million)
   Table 123. Asia-Pacific Quenching Oil Consumption Value by Region (2024-2029) & (USD Million)
   Table 124. South America Quenching Oil Sales Quantity by Type (2018-2023) & (K MT)
   Table 125. South America Quenching Oil Sales Quantity by Type (2024-2029) & (K MT)
   Table 126. South America Quenching Oil Sales Quantity by Application (2018-2023) & (K MT)
   Table 127. South America Quenching Oil Sales Quantity by Application (2024-2029) & (K MT)
   Table 128. South America Quenching Oil Sales Quantity by Country (2018-2023) & (K MT)
   Table 129. South America Quenching Oil Sales Quantity by Country (2024-2029) & (K MT)
   Table 130. South America Quenching Oil Consumption Value by Country (2018-2023) & (USD Million)
   Table 131. South America Quenching Oil Consumption Value by Country (2024-2029) & (USD Million)
   Table 132. Middle East & Africa Quenching Oil Sales Quantity by Type (2018-2023) & (K MT)
   Table 133. Middle East & Africa Quenching Oil Sales Quantity by Type (2024-2029) & (K MT)
   Table 134. Middle East & Africa Quenching Oil Sales Quantity by Application (2018-2023) & (K MT)
   Table 135. Middle East & Africa Quenching Oil Sales Quantity by Application (2024-2029) & (K MT)
   Table 136. Middle East & Africa Quenching Oil Sales Quantity by Region (2018-2023) & (K MT)
   Table 137. Middle East & Africa Quenching Oil Sales Quantity by Region (2024-2029) & (K MT)
   Table 138. Middle East & Africa Quenching Oil Consumption Value by Region (2018-2023) & (USD Million)
   Table 139. Middle East & Africa Quenching Oil Consumption Value by Region (2024-2029) & (USD Million)
   Table 140. Quenching Oil Raw Material
   Table 141. Key Manufacturers of Quenching Oil Raw Materials
   Table 142. Quenching Oil Typical Distributors
   Table 143. Quenching Oil Typical Customers

List of Figures

   Figure 1. Quenching Oil Picture
   Figure 2. Global Quenching Oil Consumption Value by Type, (USD Million), 2018 & 2022 & 2029
   Figure 3. Global Quenching Oil Consumption Value Market Share by Type in 2022
   Figure 4. Ordinary Quenching Oil Examples
   Figure 5. Quick Quenching Oil Examples
   Figure 6. Speeding Quench Oil Examples
   Figure 7. Quick and Bright Quenching Oil Examples
   Figure 8. Others Examples
   Figure 9. Global Quenching Oil Consumption Value by Application, (USD Million), 2018 & 2022 & 2029
   Figure 10. Global Quenching Oil Consumption Value Market Share by Application in 2022
   Figure 11. Metallurgical Industry Examples
   Figure 12. Transportation Examples
   Figure 13. Others Examples
   Figure 14. Global Quenching Oil Consumption Value, (USD Million): 2018 & 2022 & 2029
   Figure 15. Global Quenching Oil Consumption Value and Forecast (2018-2029) & (USD Million)
   Figure 16. Global Quenching Oil Sales Quantity (2018-2029) & (K MT)
   Figure 17. Global Quenching Oil Average Price (2018-2029) & (USD/MT)
   Figure 18. Global Quenching Oil Sales Quantity Market Share by Manufacturer in 2022
   Figure 19. Global Quenching Oil Consumption Value Market Share by Manufacturer in 2022
   Figure 20. Producer Shipments of Quenching Oil by Manufacturer Sales Quantity ($MM) and Market Share (%): 2021
   Figure 21. Top 3 Quenching Oil Manufacturer (Consumption Value) Market Share in 2022
   Figure 22. Top 6 Quenching Oil Manufacturer (Consumption Value) Market Share in 2022
   Figure 23. Global Quenching Oil Sales Quantity Market Share by Region (2018-2029)
   Figure 24. Global Quenching Oil Consumption Value Market Share by Region (2018-2029)
   Figure 25. North America Quenching Oil Consumption Value (2018-2029) & (USD Million)
   Figure 26. Europe Quenching Oil Consumption Value (2018-2029) & (USD Million)
   Figure 27. Asia-Pacific Quenching Oil Consumption Value (2018-2029) & (USD Million)
   Figure 28. South America Quenching Oil Consumption Value (2018-2029) & (USD Million)
   Figure 29. Middle East & Africa Quenching Oil Consumption Value (2018-2029) & (USD Million)
   Figure 30. Global Quenching Oil Sales Quantity Market Share by Type (2018-2029)
   Figure 31. Global Quenching Oil Consumption Value Market Share by Type (2018-2029)
   Figure 32. Global Quenching Oil Average Price by Type (2018-2029) & (USD/MT)
   Figure 33. Global Quenching Oil Sales Quantity Market Share by Application (2018-2029)
   Figure 34. Global Quenching Oil Consumption Value Market Share by Application (2018-2029)
   Figure 35. Global Quenching Oil Average Price by Application (2018-2029) & (USD/MT)
   Figure 36. North America Quenching Oil Sales Quantity Market Share by Type (2018-2029)
   Figure 37. North America Quenching Oil Sales Quantity Market Share by Application (2018-2029)
   Figure 38. North America Quenching Oil Sales Quantity Market Share by Country (2018-2029)
   Figure 39. North America Quenching Oil Consumption Value Market Share by Country (2018-2029)
   Figure 40. United States Quenching Oil Consumption Value and Growth Rate (2018-2029) & (USD Million)
   Figure 41. Canada Quenching Oil Consumption Value and Growth Rate (2018-2029) & (USD Million)
   Figure 42. Mexico Quenching Oil Consumption Value and Growth Rate (2018-2029) & (USD Million)
   Figure 43. Europe Quenching Oil Sales Quantity Market Share by Type (2018-2029)
   Figure 44. Europe Quenching Oil Sales Quantity Market Share by Application (2018-2029)
   Figure 45. Europe Quenching Oil Sales Quantity Market Share by Country (2018-2029)
   Figure 46. Europe Quenching Oil Consumption Value Market Share by Country (2018-2029)
   Figure 47. Germany Quenching Oil Consumption Value and Growth Rate (2018-2029) & (USD Million)
   Figure 48. France Quenching Oil Consumption Value and Growth Rate (2018-2029) & (USD Million)
   Figure 49. United Kingdom Quenching Oil Consumption Value and Growth Rate (2018-2029) & (USD Million)
   Figure 50. Russia Quenching Oil Consumption Value and Growth Rate (2018-2029) & (USD Million)
   Figure 51. Italy Quenching Oil Consumption Value and Growth Rate (2018-2029) & (USD Million)
   Figure 52. Asia-Pacific Quenching Oil Sales Quantity Market Share by Type (2018-2029)
   Figure 53. Asia-Pacific Quenching Oil Sales Quantity Market Share by Application (2018-2029)
   Figure 54. Asia-Pacific Quenching Oil Sales Quantity Market Share by Region (2018-2029)
   Figure 55. Asia-Pacific Quenching Oil Consumption Value Market Share by Region (2018-2029)
   Figure 56. China Quenching Oil Consumption Value and Growth Rate (2018-2029) & (USD Million)
   Figure 57. Japan Quenching Oil Consumption Value and Growth Rate (2018-2029) & (USD Million)
   Figure 58. Korea Quenching Oil Consumption Value and Growth Rate (2018-2029) & (USD Million)
   Figure 59. India Quenching Oil Consumption Value and Growth Rate (2018-2029) & (USD Million)
   Figure 60. Southeast Asia Quenching Oil Consumption Value and Growth Rate (2018-2029) & (USD Million)
   Figure 61. Australia Quenching Oil Consumption Value and Growth Rate (2018-2029) & (USD Million)
   Figure 62. South America Quenching Oil Sales Quantity Market Share by Type (2018-2029)
   Figure 63. South America Quenching Oil Sales Quantity Market Share by Application (2018-2029)
   Figure 64. South America Quenching Oil Sales Quantity Market Share by Country (2018-2029)
   Figure 65. South America Quenching Oil Consumption Value Market Share by Country (2018-2029)
   Figure 66. Brazil Quenching Oil Consumption Value and Growth Rate (2018-2029) & (USD Million)
   Figure 67. Argentina Quenching Oil Consumption Value and Growth Rate (2018-2029) & (USD Million)
   Figure 68. Middle East & Africa Quenching Oil Sales Quantity Market Share by Type (2018-2029)
   Figure 69. Middle East & Africa Quenching Oil Sales Quantity Market Share by Application (2018-2029)
   Figure 70. Middle East & Africa Quenching Oil Sales Quantity Market Share by Region (2018-2029)
   Figure 71. Middle East & Africa Quenching Oil Consumption Value Market Share by Region (2018-2029)
   Figure 72. Turkey Quenching Oil Consumption Value and Growth Rate (2018-2029) & (USD Million)
   Figure 73. Egypt Quenching Oil Consumption Value and Growth Rate (2018-2029) & (USD Million)
   Figure 74. Saudi Arabia Quenching Oil Consumption Value and Growth Rate (2018-2029) & (USD Million)
   Figure 75. South Africa Quenching Oil Consumption Value and Growth Rate (2018-2029) & (USD Million)
   Figure 76. Quenching Oil Market Drivers
   Figure 77. Quenching Oil Market Restraints
   Figure 78. Quenching Oil Market Trends
   Figure 79. Porters Five Forces Analysis
   Figure 80. Manufacturing Cost Structure Analysis of Quenching Oil in 2022
   Figure 81. Manufacturing Process Analysis of Quenching Oil
   Figure 82. Quenching Oil Industrial Chain
   Figure 83. Sales Quantity Channel: Direct to End-User vs Distributors
   Figure 84. Direct Channel Pros & Cons
   Figure 85. Indirect Channel Pros & Cons
   Figure 86. Methodology
   Figure 87. Research Process and Data Source

Research Methodology

Market Research Methodology for Quants and Trends