Press release
2028 Grease Cartridges Industry Report Growth Forecasts
Stratistics MRC's Global Grease Cartridges Market value expected to reach $458.68 million growing at a CAGR of 7.8% during 2020-2028.Cartridges decrease human efforts while applying grease for equipment parts. Grease cartridges which are made up of plastic are gathering significant traction as it provides better leakage protection when compared to that of fiberboard grease cartridges.
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Based on the material, the plastic segment is anticipated to expand at a rapid pace during the forecast period as they are resistant to a broad spectrum of corrosive chemicals and reagents. By geography, Asia Pacific is going to have high growth during the forecast period which can be attributed to the growing demand for lubrication in automobile sector.
Some of the key players profiled in the Grease Cartridges Market include Sonoco Products Company, Andpak Inc, Bev-Cap Pty Ltd, Biederman Enterprises Ltd, Plastic Tooling Manufacturing Pty. Ltd, Schieferdecker GmbH & Co. KG, Tubi System AB, Fischbach KG, Long Thames Enterprise Co., Ltd, and MBP Manufacture Bourguignonne de Plastique.
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Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
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