Press release
Global Grease Additives Market to Witness a Pronounce Growth During 2025
This report focuses on the key global Grease Additives players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Grease Additives with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
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Grease is a semi-solid lubricant. It typically comprises soap blended with either mineral or vegetable oil. At times, soft solid or high viscosity liquid materials used as lubricants are described as greases. However, they lack the property of shear-thinning, which is a characteristic of grease. For instance, petroleum jellies (such as Vaseline) are not generally categorized as greases.
The ability to perform well at high temperatures is extremely crucial for grease additives to be used for different end-user applications. This requirement has augmented the demand for complex soap-based greases as they perform well in different temperature ranges compared to simple soap-based greases. Grease additives influence energy efficiency by reducing the energy losses in engines due to friction in hydrodynamic, lubrication regimes, and elasto-hydrodynamics. The increased adoption of energy-efficient measures through friction modification and viscosity optimization are acting as an effective driver of the global grease additives market. The market is witnessing the use of high-performing biodegradable greases and their additives, which are either vegetable oil-based or based on synthetic esters. These greases do not release harmful residues after use and degrade sooner than the mineral-based alternatives. Moreover, the manufacture of biodegradable greases complies with the regulatory and environmental guidelines and also help in improved profit margins on account of the sales of value-added products.
In 2019, the market size of Grease Additives is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
Market Segment by Manufacturers, this report covers
Afton Chemical
BASF
Clariant
Lubrizol
Innospec
Market Segment by Type, covers
Oxidation Inhibitors
Pressure Additives
Temperature Additives
Anti-Wear Agents
Metal Deactivators
Others
Market Segment by Applications, can be divided into
Automotive
Aerospace
Food
Marine
Machine Working
Mining
Others
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Related Information:
North America Grease Additives Market Growth 2019-2024
United States Grease Additives Market Growth 2019-2024
Asia-Pacific Grease Additives Market Growth 2019-2024
Europe Grease Additives Market Growth 2019-2024
EMEA Grease Additives Market Growth 2019-2024
Global Grease Additives Market Growth 2019-2024
China Grease Additives Market Growth 2019-2024
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