Press release
Top 10 Grease Market Companies are Exxon Mobil Corporation, Total Energies, Shell PLC, FUCHS, Sinopec, PETRONAS, Klüber Lubrication and Others.
Grease Market
Grease offers effective lubrication across an array of operating conditions such as heavy loads and high temperature. The rising product deployment across numerous industries, such as mining and construction, fuels industry growth.
The COVID-19 pandemic period saw a halt on construction activities, which hampered product demand. Besides, the market recorded supply chain disruptions and reduced availability of workforce, which affected grease manufacturing and delivery.
Fortune Business Insights™ provides this information in its research report, titled "Grease Market Size, Share, Report, 2024-2032".
Get a Free Sample Report- https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/grease-market-110042
Competitive Landscape:
Leading Industry Players Strike Partnerships to Consolidate their Positions in the Market
Major market players are forging collaborations and undertaking capacity expansion initiatives to consolidate industry positions. These steps are also being deployed for gaining a competitive edge. B.P. PLC and Exxon Mobil Corporation are some of the leading companies in the market.
Key Industry Development:
February 2024 - Chevron announced the addition of Rykon to its product portfolio. The overbased calcium sulfonate complex grease has been launched for improving durability and enhancing uptime for next-gen equipment.
List of Top 10 Grease Market Companies Mentioned in the Report:
Exxon Mobil Corporation (U.S.)
Total Energies (France)
Shell PLC (U.K.)
Chevron Corporation (U.S.)
P. PLC (U.K.)
FUCHS (Germany)
Sinopec (China)
PETRONAS (Malaysia)
CONDAT Group (France)
Klüber Lubrication (Germany)
Grease Market Segmentation:
Mineral Oil Segment Registered Major Share Owing to Friction-Reducing Properties
Based on base oil, the market is segregated into synthetic oil, bio-based oil, and mineral oil. The mineral oil segment accounted for a prominent share of the global market in 2023. The oil assists in decreasing wear and friction between moving parts, which is one of the major attributes fueling segment growth.
Automotive Segment Led the Market Due to Benefit of Smooth Longevity of Auto Parts
By application, the market is categorized into mining, power generation, construction, food & beverage, agriculture, automotive, and others. The automotive segment bagged a dominating position of the global market in 2023. The use of grease provides smooth longevity of automotive parts and offers protection against corrosion, water, friction, and wear, driving segmental expansion.
On the basis of geography, the market has been analyzed across Europe, Latin America, North America, Asia Pacific, and the Middle East & Africa.
Report Coverage:
The report represents an account of the key trends in the market. It further gives an insight into the prominent factors anticipated to drive market expansion over the coming years. An analysis of the market based on various segments has also been provided in the report. The market has been analyzed based on base oil, application, and geography.
Drivers and Restraints:
Market to Witness New Opportunities with Increasing Development of Eco-Friendly Products
The growing adoption of environment-friendly products and soaring environmental awareness are anticipated to boost grease market growth. The use of eco-friendly solutions provides cost savings in terms of cleanup and disposal. In addition, there has been an enforcement of strict environmental regulations in Europe, North America, and Asia Pacific, leading to the development of eco-friendly lubricating solutions.
Nevertheless, uncertainties associated with the cost of raw materials owing to geopolitical tensions and volatility of oil and gas prices may hinder industry growth.
Get More Details about Grease Market - https://www.fortunebusinessinsights.com/grease-market-110042
Regional Insights:
Asia Pacific Accounted for Prominent Share Driven by Launch of High-Speed Rail Systems
Asia Pacific market size reached USD 2.81 billion in 2023. The regional grease market share stood at a major position in the global market owing to the launch of high-speed rail systems to improve transport infrastructure in the region.
North America is touted to expand owing to the increasing mining and construction sectors in the region.
Related Reports-
Active Packaging Market - https://www.openpr.com/news/3755604/top-10-active-packaging-market-companies-are-amcor-avery
BOPP Films Market- https://www.openpr.com/news/3755561/top-10-bopp-films-market-companies-are-taghleef-industries
Rhodium - https://www.newschannelnebraska.com/story/51819305/Rhodium
Para Aminophenol - https://www.wicz.com/story/51819309/Para-Aminophenol
High-Temperature Sealants- https://www.wicz.com/story/51819314/High-Temperature-Sealants
Contact Us:
Fortune Business Insights™ Pvt. Ltd.
9th Floor, Icon Tower, Baner-Mahalunge Road,
Baner, Pune-411045, Maharashtra, India.
Phone:
US: +1 424 253 0390
UK: +44 2071 939123
APAC: +91 744 740 1245
Email: sales@fortunebusinessinsights.com
𝐀𝐛𝐨𝐮𝐭 𝐔𝐬:
Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.
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 Top 10 Grease Market Companies are Exxon Mobil Corporation, Total Energies, Shell PLC, FUCHS, Sinopec, PETRONAS, Klüber Lubrication and Others. here
News-ID: 3763095 • Views: …
More Releases from Fortune Business Insights
U.S. Medical Tourism Market Size, Trends, Growth, Opportunities (2023-2030) | Cl …
The U.S. medical tourism market size was worth USD 4.58 billion in 2022 and is projected to grow at a CAGR of 21.0% during the forecast period (2023-2030).
Medical tourism, also called medical travel, can be defined as travel across international borders of the global population seeking medical or wellness treatment across healthcare settings. The adoption of medical tourism across developing countries is high owing to the low cost of service…
Postpartum Depression Treatment Market Size, Trends, Growth, Opportunities (2024 …
The postpartum depression treatment market size was valued at USD 12.2 million in 2023 and is projected to grow from USD 79.9 million in 2024 to USD 973.0 million by 2032, recording a CAGR of 36.7% during the forecast period (2023-2030).
Postpartum depression (PPD) is a medical condition that occurs sometimes during pregnancy or in the first year after giving birth. This medical condition is also known as peripartum depression. It…
Microdermabrasion Devices Market Size, Trends, Growth, Opportunities (2023-2030) …
The microdermabrasion devices market size was valued at USD 507.4 million in 2022 and is projected to grow from USD 583.0 million in 2023 to USD 1,057.5 million by 2030, recording a CAGR of 8.9% during the forecast period (2023-2030).
The Microdermabrasion Devices Market is gaining traction as advanced skincare devices become more accessible to consumers and professionals. Offering effective solutions for exfoliation, rejuvenation, and skin care, microdermabrasion devices are revolutionizing…
Para Aminophenol Market is Poised for growth from USD 657.3 million in 2024 to U …
The Para Aminophenol (PAP) market plays a critical role in several industries, including pharmaceuticals, dyes, and rubber manufacturing. Para Aminophenol, a versatile organic compound, is primarily used as a key intermediate in the production of paracetamol (acetaminophen), one of the most widely used analgesics and antipyretics globally. Additionally, its applications in hair dyes and photographic chemicals contribute to the market's demand.
Market Overview
The global para aminophenol market was valued at USD…
More Releases for Grease
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 Grease Cartridges Industry Analysis By Geography
Stratistics MRC's Grease Cartridges Market report explains company profiling, key segments, market trends, top players and regional, country-level segments.
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.
Browse complete "Grease Cartridges Market" report with TOC @ https://www.strategymrc.com/report/grease-cartridges-market
Based on the material, the plastic segment is…
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.
Browse complete "Grease Cartridges Market" report with TOC @ https://www.strategymrc.com/report/grease-cartridges-market
Based on the material, the plastic segment…
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…
Dielectric Grease
A Silicone-based compound acting as an excellent water repellent Dielectric Sealant-Cum-Lubricant. It has very good oxidation resistance at high temperature, making it suitable over a wide working temperature range. A fine Film of Mosil GS – 65 is sufficient to prevent flashovers, corona discharge and tracking, thereby minimizing electrical leakage. It is compatible with all insulating materials.
Link- https://www.mosil.com/search/299/Product
Plot no. A-791, 3, MIDC Industrial Area, Navi Mumbai,
Mosil Lubricants is a leading…
Lithium Grease Global Market Research Report 2018
GET SAMPLE REPORT @ https://www.research2reports.com/sample-report-chemical/lithium-grease-market/79571
Lithium Grease Report by Material, Application, and Geography � Global Forecast to 2022 is a professional and in-depth research report on the world's major regional market conditions, focusing on the main regions (North America, Europe and Asia-Pacific) and the main countries (United States, Germany, united Kingdom, Japan, South Korea and China).
The report firstly introduced the Lithium Grease basics: definitions, classifications, applications and market overview; product specifications;…
