Automotive Market Outlook 2016 and Corrosion Inhibitors

With many reports indicating that the automotive and new car production will continue with a solid performance in 2016, the demand for metalworking fluids and lubricant demand should also continue to be strong this year as well. From the metal grinding fluids to the coolants used in the an actual vehicle production, MWF will play a large role in 2016 automotive growth. Corrosion inhibitors, such as castor derivative products (sebacic acid and it’s esters) and azoles (i.e. toly- and benzo- triazoles) are expected to have a relatively high demand in 2016. ChemCeed will continue to maintain regular inventories of our corrosion inhibitors while keeping a close eye on any drastic changes in demand.