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Grease Cartridges Market Market Insights, Emerging Therapies, and Market Forecast Stating Incremental CAGR Growth by 2028

07-03-2018 02:49 PM CET | Industry, Real Estate & Construction

Press release from: Fact.MR

Fact.MR

Fact.MR

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.

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.

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Global Grease Cartridges Market: Segmentation

The global grease cartridges market is segmented on the basis of material type, capacity, closure, end use, and geography.

On the basis of material type, the global grease cartridges market is segmented into

-Plastics
-HDPE
-PP
-Others
-Paper & Paperboard
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.

On the basis of capacity, the global grease cartridges market is segmented into

-0-10 oz
-10-20 oz
-Above 20 oz
On the basis of closure, the global grease cartridges market is segmented into

-Pull-off
-Piston cap
-Flat cap
-Spouted
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.

On the basis of end use, the global grease cartridge market is segmented into

-Automotive
-Construction
-Other Industrial
-Oil & Gas Industry
-Others
To know more about the Grease Cartridges Market Trends, Visit the link – https://www.factmr.com/report/629/grease-cartridges-market

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.

On the basis of geography, the global grease cartridges market is segmented into

North America
Latin America
Europe
Middle East & Africa
Asia Pacific
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.

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About FactMR

FactMR 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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