The global machine tool coolant pump market size, valued at USD 1.2 billion in 2023, is projected to reach USD 2.1 billion by 2032, expanding at a compound annual growth rate (CAGR) of 6.1%. This growth is primarily driven by rapid industrialization and increased investments in the manufacturing sector across various regions. Furthermore, the demand for effective cooling solutions to boost machine tool performance, coupled with stringent environmental regulations, is fueling the market’s growth.