Press release
Grease Market worth $8.77 billion by 2030, growing at a CAGR of 4.58% - Exclusive Report by 360iResearch
Grease Market | 360iResearch
The Global Grease Market to grow from USD 6.40 billion in 2023 to USD 8.77 billion by 2030, at a CAGR of 4.58%.
Request a Free Sample Report @ https://www.360iresearch.com/library/intelligence/grease?utm_source=openpr&utm_medium=referral&utm_campaign=sample
Grease is a semisolid lubricant typically composed of base oil, thickening agents, and various additives that reduce friction and lubricate mechanical systems, particularly where a liquid fat might not stay in place or would be difficult to apply. The thickening agents give grease a semi-solid consistency, allowing it to adhere to surfaces and stay in place under various operating conditions. The grease market comprises different products used for lubrication purposes in various applications across multiple end-use sectors. The scope of the grease market is broad, with demand driven by industrial growth, vehicular usage, and maintenance requirements globally. Factors such as industrial automation, investment in infrastructure, and technological advancements in vehicles influence the demand and scope of the grease market. Increased manufacturing activities and machinery usage bolster the need for grease products. Advances in formulations extending grease life and performance contribute to market growth. However, high costs associated with the raw material, the complexity of applications, and meeting the regulatory standards can be challenging due to the constant evolution of policies. Developing bio-degradable and non-toxic grease properties and incorporating nanomaterials to enhance greases' thermal and wear resistance create a lucrative market opportunity.
The Americas represents a major market for grease, with a high demand stemming from the automotive, industrial, and aerospace sectors. Customer purchasing behavior in regional countries is heavily influenced by product performance characteristics such as longevity, temperature resistance, and environmental impact. The region increasingly emphasizes bio-based greases due to increasing environmental awareness and stringent regulations. Due to the EU's strict environmental standards, European Union countries exhibit a robust demand for high-quality, high-performance grease products, significantly leaning toward environmentally friendly options. The market is characterized by a preference for sustainable and longer-lasting products, with innovative grease recycling and reconditioning services gaining traction. The heavy machinery and construction industries considerably influence the Middle Eastern and African markets. The consumer needs in these regions revolve around high-temperature and heavy-load-bearing greases, especially for use in the mining and construction sectors. The Asia-Pacific region is at its forefront and is a rapidly growing market for grease products driven by high consumption due to its massive industrial and manufacturing sectors and the automotive industry and infrastructure projects that fuel the market expansion in the region.
Market Segmentation & Coverage:
This research report categorizes the Grease Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Type, market is studied across Aluminum Complex Grease, Barium Complex Grease, Bentone Grease, Calcium Grease, Lithium Grease, Polyurea Grease, and Sodium Grease. The Lithium Grease commanded largest market share of 18.02% in 2023, followed by Polyurea Grease.
Based on Base Oil, market is studied across Mineral, Synthetic, and Vegetable. The Mineral commanded largest market share of 46.54% in 2023, followed by Synthetic.
Based on Group, market is studied across Group I, Group II, Group III, Group IV, and Group V. The Group II commanded largest market share of 22.04% in 2023, followed by Group I.
Based on End-Use, market is studied across Agriculture, Automotive & Logistics, Building & Construction, Manufacturing, Marine, Mining, and Power Generation. The Manufacturing commanded largest market share of 18.25% in 2023, followed by Automotive & Logistics.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, Louisiana, New Jersey, New York, Ohio, Pennsylvania, Texas, and Washington. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Europe, Middle East & Africa commanded largest market share of 39.18% in 2023, followed by Asia-Pacific.
Inquire Before Buying @ https://www.360iresearch.com/library/intelligence/grease?utm_source=openpr&utm_medium=referral&utm_campaign=inquire
FPNV Positioning Matrix:
The FPNV Positioning Matrix is essential for assessing the Grease Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).
Market Share Analysis:
The Market Share Analysis offers an insightful look at the current state of vendors in the Grease Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.
Key Company Profiles:
The report delves into recent significant developments in the Grease Market, highlighting leading vendors and their innovative profiles. These include 3M Company, AB SKF, Axel Christiernsson International AB, BECHEM Lubrication Technology LLC, BP PLC, Calumet Specialty Products Partners, L.P., Chevron Corporation, China Petrochemical & Chemical Corporation, CHS Inc., CITGO Petroleum Corporation, DuPont de Nemours, Inc., ENEOS Corporation, Enilive S.p.A, Exxon Mobil Corporation, Fuchs Petrolub SE, Gazpromneft - Lubricants Ltd., Gulf Oil International Ltd., Harrison Manufacturing Co. Pty Ltd., Hexol Lubricants, Honeywell International Inc., Idemitsu Kosan Co., Ltd., Indian Oil Corporation Limited, Kluber Lubrication Munchen SE & Co. KG, Lanxess AG, Lubri-Lab Inc., Marathon Petroleum Corporation, Metalube Group, Mitsubishi Corporation, Neste Corporation, Nippon Grease Co., Ltd., Orlen Group, Penrite Oil Company, Petroliam Nasional Berhad, Petromin Corporation, Phillips 66 Company, Sasol Limited, Shell PLC, The Lubrizol Corporation, The PJSC Lukoil Oil Company, TotalEnergies SE, and Valvoline Inc..
Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Grease Market, by Type
7. Grease Market, by Base Oil
8. Grease Market, by Group
9. Grease Market, by End-Use
10. Americas Grease Market
11. Asia-Pacific Grease Market
12. Europe, Middle East & Africa Grease Market
13. Competitive Landscape
14. Competitive Portfolio
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
1. What is the market size and forecast of the Grease Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Grease Market?
3. What is the competitive strategic window for opportunities in the Grease Market?
4. What are the technology trends and regulatory frameworks in the Grease Market?
5. What is the market share of the leading vendors in the Grease Market?
6. What modes and strategic moves are considered suitable for entering the Grease Market?
Read More @ https://www.360iresearch.com/library/intelligence/grease?utm_source=openpr&utm_medium=referral&utm_campaign=analyst
Contact 360iResearch
Mr. Ketan Rohom
Sales & Marketing,
Office No. 519, Nyati Empress,
Opposite Phoenix Market City,
Vimannagar, Pune, Maharashtra,
India - 411014.
sales@360iresearch.com
+1-530-264-8485
+91-922-607-7550
About 360iResearch
360iResearch is a market research and business consulting company headquartered in India, with clients and focus markets spanning the globe.
We are a dynamic, nimble company that believes in carving ambitious, purposeful goals and achieving them with the backing of our greatest asset - our people.
Quick on our feet, we have our ear to the ground when it comes to market intelligence and volatility. Our market intelligence is diligent, real-time and tailored to your needs, and arms you with all the insight that empowers strategic decision-making.
Our clientele encompasses about 80% of the Fortune Global 500, and leading consulting and research companies and academic institutions that rely on our expertise in compiling data in niche markets. Our meta-insights are intelligent, impactful and infinite, and translate into actionable data that support your quest for enhanced profitability, tapping into niche markets, and exploring new revenue opportunities.
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 worth $8.77 billion by 2030, growing at a CAGR of 4.58% - Exclusive Report by 360iResearch here
News-ID: 3396371 • Views: …
More Releases from 360iResearch
Rising Incidence of Human Metapneumovirus in Vulnerable Populations Boosts Globa …
In recent years, the silent ascent of human metapneumovirus (HMPV) infections has begun to capture significant attention within the realm of infectious diseases. As we advance in medical science, unraveling complexities of age-old pathogens like common influenza or emerging illnesses like COVID-19, a critical discourse has been emerging around HMPV. Particularly, there seems to be a burgeoning acknowledgment of its growing impact on vulnerable global populations, propelling an increased demand…
The Meat Alternatives Market size was estimated at USD 9.39 billion in 2023 and …
From Appetite to Advocacy: The Rising Demand for Meat Alternatives
In recent years, the global food industry has been undergoing a remarkable transformation, driven primarily by an increasing consumer demand for healthier, sustainable, and ethically sourced food products. This seismic shift has brought traditional meat alternatives and high-protein plant-based foods into the spotlight. As the world becomes more conscious of the implications of meat consumption on health and the environment, the…
The Mobility-as-a-Service Market size was estimated at USD 264.80 billion in 202 …
Unpacking the Surge in Investments and Collaborations to Bolster Mobility-as-a-Service
In recent years, as urban landscapes continually evolve, a transformative shift known as Mobility-as-a-Service (MaaS) has reshaped the way we perceive transportation. Marked by the integration of various forms of transport services into a single accessible on-demand mobility solution, MaaS is rapidly gaining traction across global cities. As an emerging paradigm, it's not just shaping the future of travel but also…
The Data Center Services Market size was estimated at USD 56.65 billion in 2023 …
Smart City Revolutions: Why Data Center Colocation is the Future Backbone
In the era of digital transformation, urban landscapes across the globe are undergoing a seismic shift toward becoming "smart cities." The concept of a smart city revolves around using digital technology, IoT (Internet of Things), AI, and data analytics at an unprecedented scale to improve urban infrastructure, manage resources efficiently, and enhance the quality of life for citizens. A vital…
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…
