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Research Study on Global Grease Cartridges Market Highlights Recent Trends and Future Opportunities till 2028

04-24-2018 02:11 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Fact.MR

Fact.MR

Fact.MR

As per the current market trends and the promising nature of the global grease cartridges market, it can be estimated that the future holds positive outcomes. In order to provide a deep insight about the concerned market, Fact.MR would be publishing a resourceful analysis that will enclose knowledge about the regional market size, revenue and opportunity status. Readers will be offered the privilege to decode various facets of the market during the period “2018 to 2027”, together with the active access to secondary and primary research methodology. Furthermore, various segments of the market associated to product, application, end-user etc., would also be present in this intelligent research report.

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Global Grease Cartridges Market: Overview & Historical Analysis

Requirements from the machinery operators for excellent wear and corrosion resistance of the machinery parts has led to the advent of advanced forms of greases. Grease cartridges are extensively being used for the storage of greases as they are extremely advantageous as compared to conventional formats of grease packaging. All other formats such as tubs were being used for the storage of grease, however the market has been witnessing a shift to the cartridges market due to ease of dispensing of grease from the cartridge format coupled with better performance in wet and humid environment. Additionally, grease cartridges are also found to have significantly reduce the machine downtime which was earlier reported with all other conventional formats.

The global grease cartridge market is witnessing a shift from cardboard to plastic formats. Plastic is the major material used for the production of grease cartridges. The high market share of plastic grease cartridges can be attributed to their high thermo stability and chemical resistance. Plastic grease cartridges are also preferred for the fact that there is no tube tearing which eventually eliminates product wastage. Pull off closure is expected to account for the largest share in the global grease cartridge market. The high preference for the sub segment can be credited to an easy to open feature which further minimizes the spilling chances.

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Automotive is the major end user of the global grease cartridges market. Grease cartridges are used for the lubrication of automotive parts. Also, there is a huge demand for marine lubricants wherein they find extensive application in oil & gas industries. The marine lubricants are important for greater resistance to rust, lower viscosity loss and greater anti-wear capacity. It is therefore further expected to propel the demand of grease cartridges among the oil & gas industry.North America is expected to lead the global grease cartridges market. The growth of the region can be attributed to rapid industrialization coupled with a developed base of end users in the region.

Global Grease Cartridges Market: Innovations

Innovations surfacing in the global grease cartridges market include personalized design printing through UV silk screen printing. Enhanced neck and leak resistance features are also being introduced by key manufacturers to ensure the smooth functioning of the grease guns.

Global Grease Cartridges Market: Key Consumers

Some of the key consumers of the global grease cartridges market are Chevron Corporation, Castrol Limited, Royal Dutch Shell, Exxon Mobil, BP Plc., Total S.A., Kuwait Petroleum Intonations, Haynes Manufacturing Company, Bel Ray Company, Inc., and AGS Company.

Global Grease Cartridges Market: Competitive Landscape

Some of the key players operating in the global grease cartridges market are Biederman Enterprises Ltd., Sonoco products company, MBP Manufacture Bourguignonne de Plastique, Fischbach USA, Berlin Packaging, Tubi System AB, GR Produkter AB, Eurokartuschen eK,  and Adhesive Materials Group.

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About Fact.MR

Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that’s why we publish multi-industry global, regional, and country-specific research reports.

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