Global Market Insights, Inc. add New Metalworking Fluids Market report provides in-depth information about Industry overview, top vendors, Key market highlights, product types, drivers, challenges, trends, industry landscape, size and forecast.
Owing to the increasing number of strategic partnerships being formed among major industry giants, the profitability landscape of metalworking fluids market has been witnessing a massive turnaround of sorts in the recent years, Testimony to the fact is the Univar Inc’s recent announcement of broadening its decades-old alliance with the Dow Chemical Company (Dow) to include exclusive distribution rights for its flagship UCON Fluids and Lubricants in the North American region. The latest collaboration is predominantly an attempt by both the firms to leverage the extensive supply chain network of Univar Inc, a renowned global chemical and ingredient distributor, to keep up with the fast-evolving metalworking fluids industry trends.
For the record, UCON is increasingly being recognized as a top brand of polyalkylene glycol (PAG) fluids across metalworking fluids market owing to its wide scale utilization in an assortment of applications and end use domains. Elaborating further, the new arrangement would not only witness the inclusion of UCON in the distribution chain of Univar but also comprise of UCON OSP, a product line of oil soluble PAG (OSP) base fluids. The addition of this product to Univar’s portfolio is being regarded as significant as it would enable manufacturers to integrate the benefits of a PAG synthetic base fluid with synthetic hydrocarbon and other oils to create a well-composed design that utilizes the pros of diverse chemistries.