According to the latest report by IMARC Group, titled “Forming Fluids Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, The global forming fluids market reached a value of US$ 3.2 Billion in 2020. A forming fluid refers to a type of lubricant which is specially designed for metal forming processes like folding, stamping, drawing and wire-drawing. These fluids are usually derived from petroleum distillates, animal fats, plant oils, water, air and related raw materials. They are widely utilized for the manufacturing of sheet metal and for changing…
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