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Grease Additives Market Size Share - Industry Trends and Forecast 2017 - 2025
Grease is a semi-solid lubricant. It typically comprises soap blended with either mineral or vegetable oil. At times, soft solid or high viscosity liquid materials used as lubricants are described as greases. However, they lack the property of shear-thinning, which is a characteristic of grease. For instance, petroleum jellies (such as Vaseline) are not generally categorized as greases.
Mechanisms in which the lubricating oil remains mobile and which can sustain infrequent lubrications employ greases. Greases can also be used as sealants to avoid contamination with water and incompressible materials. Mechanisms which are lubricated with greases exhibit high frictional characteristics because of their high viscosity.
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There are different types of greases which can be classified based on their application requirement and the additives they contain. Grease additives are added to complement the properties of greases according to the requirements of industries, applications, and end-users. For instance, additives used in food applications have been registered with the NSF with an HX-1 approval.
Gear greases comprise rosin oil (containing lime and mineral oil) and water up to some percentage. Greases that can withstand extreme pressure are categorized as EP greases. Normal greases, when put under high pressure or shock loading, can get compressed and can cause physical contact between the greased parts, resulting in friction and wear of the parts. Special-purpose greases contain sorbitan esters and glycerol. They can be used in low temperatures.
Graphite and/or molybdenum disulfide is typically added to solid EP greases for protection under heavy loadings. The metal-to-metal contact and the subsequent friction caused due to thinning of the lubricant film can be avoided when the solid lubricants bond with the metal surface.
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Greases with additives such as ceramic powder and copper are employed in high temperature and/or high pressure applications. This helps in preventing corrosion which can create problems during the dis-assembly of the components. These solid additives work as release agents. However, not all types of solid additives can be used in bearings, as they can result in reinforced wear of the bearings.
Oxidation inhibitors offer protection against rust and corrosion, primarily in applications that include water contamination and/or high temperature conditions. Pressure additives offer resistance against extreme heat and pressure. Temperature additives can modify the characteristics of base oil in order to enhance its performance in applications in inconstant temperatures.
Metal wear is reduced by anti-wear agents. It acts by binding itself to the metal surface to form a coating. Metal deactivators protect surfaces from degradation by reducing metal reactivity.
Based on functionality, the grease additives market can be segmented into oxidation inhibitors, pressure additives, temperature additives, anti-wear agents, metal deactivators, and other additives. Based on the type of soap used in grease production (thickeners), the grease additives market can be divided into soap-based (including aluminum soap, calcium soap, lithium soap, sodium soap, and others) and non-soap-based (including polyuria and other complexes). Based on end-user industry, the grease additives market can be classified into automotive, aerospace, food, marine, machine working, mining, and others.
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The need for R&D and technological upgrades is constant regarding grease additives. Regulatory institutes are in-charge of performance and emission standards that are set for fuels and lubricants (greases are classified among them). Manufacturers are required to adhere to these standards. Rapid and constant technological advancements in the automotive and machine working industries result in subsequent need for development of high performance and environmental-friendly greases as well as grease additives.
The grease additives market can be divided based on geography as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Asia Pacific is the leader of the market in terms of production, with China being the dominant player in the world.
Some of the key players in grease additives market are Afton Chemical, BASF SE, Clariant, Lubrizol, and Innospec.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
The study is a source of reliable data on:
Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis
The regional analysis covers:
North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Highlights of the report:
A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market
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