Press release
Grease Market Estimated to Reach US$ 4.35 Billion Globally By 2027 | CAGR of 3.40%
According to IMARC Group latest report titled "Grease Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027", offers a comprehensive analysis of the industry, which comprises insights on grease market. The report also includes competitor and regional analysis, and contemporary advancements in the global market. The global grease market reached a value of US$ 3.50 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 4.35 Billion by 2027 exhibiting a CAGR of 3.40% during 2022-2027.Grease is a form of semi-solid lubricant that is widely utilized to reduce friction and wear between two moving surfaces. It is typically used for protecting vehicles, machines, and various mechanical applications from wear and tear, and corrosion. It is produced utilizing inedible synthetic oil, rendered fat of waste animal parts, or a thickening agent. It is combined with additives, such as detergents, dispersants, anti-oxidants, and corrosion inhibitors, which are applied to a clean surface using a grease gun to ensure that it is effective. Additionally, it acts as a sealant, helping to prevent dirt and moisture from entering the area while enhancing stop-start performance, protecting bearing surfaces, maintaining flexibility, and reducing friction. As a result, it finds extensive application across various industries, such as chemical manufacturing, metallurgy, automotive, power generation, and food and beverage.
Request to Get the Free Sample Report: https://www.imarcgroup.com/grease-market/requestsample
Market Trends:
Significant growth in the automotive industry majorly drives the global market. This can be supported by the rising product utilization to lubricate tie-rod ends, chassis, U-joints, ball joints, suspension, and control arm shafts. Coupled with this, the growing adoption of grease to protect various auto parts, including connectors, gears, switches, and wheel bearings is a major driving factor. Apart from this, grease is widely used in renewable energy sources, such as wind turbines, solar panels, and hydropower plants are providing a thrust to the market. With the rising investment in renewable energy sources, the demand for grease is increasing. The market is further driven by the implementation of various government initiatives to encourage the adoption of bio-based grease. Furthermore, various product innovations, such as the development of environment-friendly and bio-based manufactured using non-toxic, renewable materials with low sulfur levels, are creating a positive market outlook.
Explore Full Report with Table of Contents: https://www.imarcgroup.com/grease-market
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
• AXEL Christiernsson AB
• Carl Bechem GmbH
• Chemtool Incorporated (Lubrizol Corporation)
• ENEOS Holdings Inc
• Exxon Mobil Corporation
• Fuchs Petrolub SE
• Gazpromneft - Lubricants Ltd. (Gazprom Neft PJSC)
• Harrison Manufacturing Company
• Klüber Lubrication (Freudenberg Chemical Specialities SE & Co. KG)
• LUKOIL
• Petromin Corporation (Al Dabbagh Group Holding Company Limited)
• Royal Dutch Shell PLC
Grease Market Segmentation:
Our report has categorized the market based on region, thickener type, base oil and end user.
Breakup by Thickener Type:
• Metallic-Soap Thickener
• Non-Soap Thickener
• Inorganic Thickener
• Others
Breakup by Base Oil:
• Mineral Oil
• Synthetic Oil
• Bio-based Oil
Breakup by End User:
• Automotive
• Construction and Off-Highways
• General Manufacturing
• Steel
• Mining
• Others
Breakup by Region:
• North America (United States, Canada)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key highlights of the report:
• Market Performance (2016-2021)
• Market Outlook (2022-2027)
• Porter's Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape
We are updating our reports, If you want latest primary and secondary data (2023-2028) with Cost Module, Business Strategy, Competitive landscape, etc. Click request free sample report, the report will be delivered to you in PDF format via email within 24 to 48 hours after the payment confirmation.
Contact US:
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe:- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Grease Market Estimated to Reach US$ 4.35 Billion Globally By 2027 | CAGR of 3.40% here
News-ID: 2927100 • Views: …
More Releases from IMARC Group

Automotive Control Cables Manufacturing Plant Setup Report 2025: Machinery, Raw …
Automotive control cables are essential components used to transmit mechanical force in vehicles, enabling the smooth operation of various systems such as brakes, clutches, accelerators, gear shifts, and seating mechanisms. These cables are designed for durability, flexibility, and high performance under diverse driving conditions. Their demand is directly linked to the growth of the automotive industry, aftermarket sales, and increasing consumer preference for enhanced driving comfort and safety.
Setting up an…

Halal Cosmetics Market Size, Trends, Key Players, Opportunity and Forecast 2025- …
IMARC Group, a leading market research company, has recently released a report titled "Halal Cosmetics Market Size, Share, Trends and Forecast by Type, Distribution Channel, and Region, 2025-2033." The study provides a detailed analysis of the industry, including the global halal cosmetics market size, trends, share and growth forecast. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Halal Cosmetics Market Highlights:
• Halal Cosmetics Market…

Comprehensive Castor Oil Processing Plant Project Report 2025: Setup Guide, Econ …
Castor oil is a versatile vegetable oil extracted from the seeds of the Ricinus communis plant. It is widely used in pharmaceuticals, cosmetics, food processing, lubricants, paints, coatings, and biodiesel production owing to its unique chemical properties, including high ricinoleic acid content. Castor oil derivatives also serve as key raw materials in the polymer, chemical, and industrial sectors.
Establishing a castor oil processing plant involves steps such as seed cleaning, dehulling,…

Honey Processing Plant Report 2025: Capital Investment, Operating Expenses and M …
Honey is a natural sweetener produced by honeybees and is valued for its nutritional, medicinal, and industrial applications. It contains antioxidants, enzymes, vitamins, and minerals that make it a popular ingredient in food and beverages, pharmaceuticals, cosmetics, and personal care products. Processed honey is widely consumed as a sweetener, used in bakery and confectionery items, beverages, dietary supplements, and skincare formulations.
Setting up a honey processing plant involves operations such as…
More Releases for Grease
Emerging Trends Influencing The Growth Of The Battery Operated Grease Gun Market …
The Battery Operated Grease Gun Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
How Big Is the Battery Operated Grease Gun Market Size Expected to Be by 2034?
The Battery Operated Grease Gun Market Report by The Business Research Company delivers a detailed market assessment, covering…
Top Grease Manufacturers Analysis 2025
Grease is a lubricant which often found in semisolid form. Grease lubricants generally contain emulsified soap. Grease is formed by mixing of oil or fluid lubricants with the soap. Soap works as thickeners in the grease lubrication system. Grease is often applied by the grease gun. Soaps such as calcium stearate, sodium stearate, lithium stearate, etc. are used in the formulation of grease. Grease is also formed by inorganic thickeners…
Major Force in the Lithium Grease Market 2025: Automotive Industry Growth Boosts …
"How Will the Lithium Grease Market Grow, and What Is the Projected Market Size?
The market size for lithium grease has experienced robust growth in the past years. The forecast suggests an increase from $3.21 billion in 2024 to $3.39 billion in 2025, marking a compound annual growth rate (CAGR) of 5.6%. The contributing factors for this growth include the rise in the automobile industry, increased use of industrial machines and…
Lubricating grease Market 2030 Competitor Analysis
Lubricating grease is a semi-fluid or solid lubricant composed of a base oil, thickener, and additives. The base oil provides lubrication, the thickener gives the grease its consistency, and additives enhance its performance. Lubricating grease is one of the key components used in the industrial sector, which helps the equipment to run efficiently and offer maximum reliability.
Access PDF: https://www.theinsightpartners.com/sample/TIPRE00013643/?utm_source=OpenPR&utm_medium=10864
By base oil, the market is segmented into mineral oil, synthetic…
The Grease Market to Reach $4.5 Billion by 2027. Organic Grease Gaining Momentum …
The grease market is expected to reach $4.5 billion by 2027 from $3.6 billion in 2021.
According to Arizton's latest research report, the grease market is expected to grow at a CAGR of 3.57% during the forecast period. To increase sustainable practices, the use of sustainable grease should be increased. These greases are made from food-derived ingredients, making them environmentally friendly and petroleum-free. As a result, such lubricating greases are…
Global Asphalt Lubricating Oil and Grease Market, Global Asphalt Lubricating Oil …
The asphalt, lubricating oil and grease market entails of sales of asphalt, lubricating oil and grease by several entities (organizations, sole traders or partnerships) that generate the block asphalt, asphalt paving mixture, asphalt shingle, coating materials, petroleum lubricating oil and grease. Asphalt is a sticky, black and highly viscous liquid or semi-solid form of petroleum utilized for surfacing roads, flooring, and roofing.
According to the report analysis, ‘Asphalt, Lubricating Oil And…