Latest 2020 Grease Market worth USD 6.1 billion by 2025 | CAGR of 2.9%

ReportsnReports added Latest Grease Market Research Report offers crucial data on numerous market situations, for example, ability improvement elements, elements controlling the advancement, market possibilities, and risks to the global market. Also, the report widely facilities round competitive evaluation of Grease Market. The competitive evaluation section includes key producers, recent players, providers, market strategies, ability chances, operation panorama, and evaluation of the traits of the Grease Market.

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Top Company Profile Analysis in this Report
Royal Dutch Shell PLC. (Netherlands),
The Chevron Corporation (US),
Idemitsu Kosan Co., Ltd. (Japan),
Sinopec Corporation (China),
BP p.l.c. (UK),
Total SA (France),
and ExxonMobil Corporation (US)

Grease Market report segments the market for grease based on base oil, thickener type, end-use industry, and region, and provides estimations for the overall market size across various regions. A detailed analysis of key industry players has been conducted to provide insights into their business overviews, products & services, key strategies, associated with the market for grease.

The grease market is estimated to grow from USD 5.3 billion in 2020 to USD 6.1 billion by 2025, at a CAGR of 2.9%. The grease market is driven mainly by rising automation in end-use industries and improved quality of grease. However, stringent environmental regulations are expected to restrain the market growth.

The general manufacturing, construction, mining, and other industries use various heavy load equipment, which requires regular lubrication. Due to the increasing cost of workforce and safety requirements, the demand for process automation is rising.Automation helps in increasing production rate, reducing labor costs, and improving worker safety. Hence, a majority of companies are automating their operating systems, which, in turn, is driving the consumption of grease.  

Synthetic expected to be the fastest-growing base oil of the grease market, in terms of value, between 2020 and 2025

The mineral oil segment accounted for the largest share in the grease market in terms of value in 2019. The dominance of mineral oil is due to its easy availability and low cost.

The synthetic oil segment is projected to register the highest CAGR in terms of value during the forecast period. Although synthetic oil is much costlier than mineral oil, its high performance at extreme conditions and long drain out intervals are the major factors driving its high growth in the grease market.

The automotive industry is estimated to account for the largest share of the overall grease market, in terms of value, between 2020 and 2025

The grease market based on the end-use industry is segmented as automotive, construction, general manufacturing, metal production, mining, power generation, food & beverage, and others. The automotive segment is expected to account for the largest market share during the forecast period.Grease helps in reducing friction and wear, protecting against corrosion, and preventing dirt, water, and other contaminants from entering the components being lubricated. The growing automotive industry in developing countries is fueling the grease market.

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Reasons to Buy this Report-
This research report is focused on various levels of analysis—industry analysis (industry trends), market share analysis of top players, and company profiles, which together provide an overall view on the competitive landscape; emerging and high-growth segments of the grease market; high-growth regions; and market drivers, restraints, challenges and opportunities.

The report provides insights on the following pointers:
Market Penetration: Comprehensive information on grease offered by top players in the global market

Market Development: Comprehensive information about lucrative emerging markets—the report analyzes the markets for grease across regions

Market Diversification: Exhaustive information about new products, untapped regions, and recent developments in the global grease market

Competitive Assessment: In-depth assessment of market shares, strategies, products, and manufacturing capabilities of leading players in the grease market

Table of Contents in this Report-
1 Introduction
1.1 Objectives Of The Study
1.2 Market Definition
1.2.1 Grease Market, By Base Oil: Inclusions & Exclusions
1.2.2 Grease Market, By Thickener Type: Inclusions & Exclusions
1.2.3 Grease Market, By End-Use Industry: Inclusions & Exclusions
1.3 Market Scope
1.3.1 Grease Market Segmentation
1.3.2 Regions Covered
1.3.3 Years Considered For The Study
1.4 Currency
1.5 Unit Considered
1.6 Stakeholders
1.7 Summary Of Changes

2 Research Methodology
2.1 Research Data
Figure 1 Grease Market: Research Design
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Breakdown Of Primary Interviews
2.2 Data Triangulation
Figure 2 Grease Market: Data Triangulation
2.3 Market Size Estimation
2.3.1 Bottom-Up Approach
2.3.2 Top-Down Approach
2.3.3 Market Size Calculation Steps From Supply Side
2.3.3.1 Market Size Calculation From Supply Side
2.3.4 Market Size Calculation Using Parent Market
2.3.5 Grease Market, By End-Use Industry
2.3.6 Grease Market, By Base Oil
2.4 Assumptions
2.5 Factors Analysis
2.5.1 Grease Market: Factors Impacting Market
2.5.2 Key Industry Insights

3 Executive Summary
3.1 Grease Market: Realistic, Pessimistic, Optimistic, And Non-Covid-19 Scenario
Figure 3 Market Size In Terms Of Realistic, Pessimistic, Optimistic, And Non-Covid-19 Scenario
3.1.1 Non-Covid-19 Scenario
3.1.2 Optimistic Scenario
3.1.3 Pessimistic Scenario
3.1.4 Realistic Scenario
Figure 4 Automotive To Be The Largest End-Use Industry Of Grease
Figure 5 Synthetic Oil-Based Grease To Be The Fastest-Growing Segment
Figure 6 Metallic Soap To Be The Largest Thickener Type For Grease
Figure 7 Apac Accounted For The Largest Market Share In 2019

4 Premium Insights
4.1 Significant Opportunities In Grease Market
Figure 8 Rising Industrialization To Drive Grease Market During Forecast Period
4.2 Grease Market Size, By Region
Figure 9 Apac To Be Largest Grease Market During Forecast Period
4.3 Apac: Grease Market, By End-Use Industry And Country, 2019
Figure 10 China And Automotive Segment Accounted For Largest Shares
4.4 Grease Market Size, By Thickener Type
Figure 11 Metallic Soap To Be The Largest Segment
4.5 Grease Market Size, By Base Oil
Figure 12 Mineral Oil To Be The Largest Segment
4.6 Grease Market Attractiveness
Figure 13 India To Be Fastest-Growing Market During Forecast Period

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
Figure 14 Drivers, Restraints, Opportunities, And Challenges In Grease Market
5.2.1 Drivers
5.2.1.1 Rise In Automation In Various Industries
5.2.1.2 Improved Quality Of Grease
5.2.1.3 Lower Crude Oil Prices To Benefit Grease Suppliers After Covid-19
Table 1 Crude Oil Price Forecast
5.2.2 Restraints
5.2.2.1 Stringent Environmental Regulations
5.2.2.2 Unstable Economic Situation
5.2.2.3 Low-Quality And Cheaper Product Offerings
5.2.3 Opportunities
5.2.3.1 Technological Advancements Leading To Innovation
5.2.3.2 Rising Trend Of Polyurea Grease Over Lithium Grease
5.2.4 Challenges
5.2.4.1 Bleeding Of Base Oil From Grease
5.3 Porter’s Five Forces Analysis
Figure 15 Grease Market: Porter’s Five Forces Analysis
5.3.1 Threat Of New Entrants
5.3.2 Threat Of Substitutes
5.3.3 Bargaining Power Of Suppliers
5.3.4 Bargaining Power Of Buyers
5.3.5 Intensity Of Competitive Rivalry
5.4 Supply Chain Analysis
Figure 16 Grease Market: Supply Chain
5.4.1 Raw Material
5.4.2 Blending
5.4.3 Distribution
5.4.4 End User
5.5 Shift In Revenue Streams Due To Megatrends In End-Use Industries
Figure 17 Grease Market: Changing Revenue Mix
5.6 Connected Market: Ecosystem
Figure 18 Grease Market: Ecosystem
5.7 Case Studies
Figure 19 Assessment Of Lubricants Industry
Figure 20 Market Size Assessment Of Lubricants And Specialties Of Lube Oil Refinery
Figure 21 Strategic Assessment Of Off-Highway Lubricant Industry
5.8 Average Selling Price
5.9 Industry Outlook
5.9.1 Gdp Trends And Forecast Of Major Economies
Table 2 Trends And Forecast Of Gdp, By Major Economy, 2017–2024 (Usd Billion)
5.9.2 Automotive Industry
Table 3 Vehicle Production, By Major Economy, 2019 (Units)
5.10 Impact Of Covid-19: Customer Analysis
Figure 22 Gdp Growth Rate, By Key Countries, 2020
5.10.1 Disruption In Automotive Industry
5.10.1.1 Impact On Customers’ Output & Strategies To Resume/Improve Production
Table 4 Automotive Companies’ Announcements
5.10.1.2 Customers’ Most Affected Regions
5.10.1.3 Risk Assessment And Opportunities
Table 5 Opportunity Assessment – Short-Term Strategies To Manage Cost Structure And Supply Chains
5.10.1.4 Mnm Viewpoint On Growth Outlook And New Market Opportunities
5.10.2 Impact Of Covid-19 On Construction Industry
5.10.2.1 Impact On Customers’ Output And Strategies To Resume/Improve Production
Table 6 Construction Companies’ Announcements
5.10.2.2 Customer’s Most Affected Regions
5.10.2.3 Mnm Viewpoint On Growth Outlook And New Market Opportunities
5.11 Recovery Road For 2020 And 2021

and more...

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