Global Lubricating Grease Market, By Types (Silicone grease, Fluoroether-based grease, Laboratory gr

Published Date: | Report Code : CH1958378

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Increasing availability of hybrid powered cars projected to contribute to lower requirements for lubricants is expected to drive the growth of lubricating grease market during the forecast period. This has resulted some of the key developments by companies operating in the market to consolidate their market positions and look for further niche opportunities.

Lubricating grease is a combination of three primary parts namely, liquid lubricating, additives improving efficiency, and thickener. The lubricating liquid may be lubricating foam derived from petroleum, any of the multiple synthesized lubricating liquids, or petroleum based on vegetables. The lubricating fluid in the grease framework is generally the main element. Typically, the additives are available in comparatively small levels and are attached to the grease in one of the various efficiency fields to provide improvement.

During activities, Grease retains its properties at distinct altitudes and is therefore helpful for intermittent devices, thus making it apt to be used in automotive. Therefore there is an increased demand for lubricating greases from the automotive sector.

The water resistant property, ability to survive leakages due to gravity, centrifugal forces or other kinds of pressure makes it relevant to be used for various machines, thus causing its demand from the general manufacturing industry to increase.

Key Factors Impacting Market Growth:

  • Growing manufacturing sector in Asia-Pacific

  • Strong manufacturing development in Asia-Pacific and Middle East & Africa

  • Increased customer knowledge combined with stringent government legislation pushing the selling of synthesized lubricants

  • High prices of synthesized and bio-based lubricants

  • Increasing availability of hybrid powered cars projected to contribute to lower requirements for lubricants

Regional Analysis:

On the basis of the region, the lubricating grease market has been segmented by North America, Western Europe, Eastern Europe, Asia Pacific, Middle East, & Rest of the World. North America and Western Europe being some of major markets are also traditional suppliers of chemicals such as specialty chemicals, bulk chemicals, and so on. Major companies in this market are headquartered in North America and Western Europe. This region has been witnessing number of transitions in terms of productions of chemicals and respective applications by end-use industries. The preference towards bio-based feedstock has been instrumental in the development of the green alternatives in these regions. Moreover, regulatory authorities have imposed strict guidelines with regards environmental concerns and potential health hazards due to exposures. This has been more instrumental in the Western Europe region competitively. Some of the major economies in these regions include US, Germany, UK, France, Canada, Italy, Spain, and so on.

Asia Pacific and Middle East are expected to register substantial growth in lubricating grease market during the forecast period. This demand is with regards to the growth of major applications such as automotive, agriculture and off-highway manufacturing, general manufacturing, steel, mining, and others. Major countries in Asia Pacific region include China, South Korea, Japan, India, Australia, and So on. Middle East includes UAE, Saudi Arabia, Iran, Israel, Egypt, and so on. Eastern Europe has been largely dominated by Russia and Turkey with operations of major chemical giants in the region. Rest the World that includes South America and Africa has a strong potential for lubricating grease market. There has been increasing number of investments by global companies in these regions to strengthen their presence and tap the potential market. Major economies in these regions for lubricating grease market include Brazil, South Africa, Nigeria, Argentina, Colombia, and others.

Companies Covered: Shell, Exxon Mobil, BP, Total Lubricants, Axel Christiernsson, Chevron, FUCHS, LUKOIL, SKF, JX Nippon Oil & Energy Corporation, Petro-Canada, Indian Oil Corporation, Quaker Chemical, Southwestern Petroleum Corporation, Klber, Dow Corning, Sinopec, CNPC, CNOOC...

Market Segmentation:

By Types:

  • Silicone grease

  • Fluoroether-based grease

  • Laboratory grease

  • Food-grade grease

  • Water-soluble grease analogs

  • Cork grease

By Application:

  • Automotive

  • Agriculture and Off-highway Manufacturing

  • General Manufacturing

  • Steel

  • Mining

  • Others

By Region:

  • North America

    • By Country (US, Canada, Mexico)

    • By Types

    • By Application

  • Western Europe:

    • By Country (Germany, UK, France, Spain, Rest of Western Europe)

    • By Types

    • By Application

  • Eastern Europe:

    • By Country (Russia, Turkey, Rest of Eastern Europe)

    • By Types

    • By Application

  • Asia Pacific

    • By Country (China, Japan, India, Rest of Asia Pacific)

    • By Types

    • By Application

  • Middle East:

    • By Country (UAE, Qatar, Iran, Saudi Arabia, Rest of Middle East)

    • By Types

    • By Application

  • Rest of the World

    • By Region (Latin America, Brazil, Rest of the World)

    • By Types

    • By Application

Reasons To Buy This Report:

  • Market size estimation of the Lubricating Grease Market on a regional and global basis

  • The unique research design for market size estimation and forecast

  • Profiling of major companies operating in the market with key developments

  • Broad scope to cover all the possible segments helping every stakeholder in the market

Customization:

We provide customization of the study to meet specific requirements:

  • By Segment

  • By Sub-segment

  • By Region/Country

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