openPR Logo
Press release

Marine Grease Market Revenue, Opportunity, Forecast and Value Chain 2020

Marine Grease Market Revenue, Opportunity, Forecast and Value

Marine grease is a jelly or semisolid lubricant derived from minerals, soap or bio-based materials with added chemicals that make it hydrophobic. Marine grease has high viscosity index, high thermal resistance and hence does not oxidize easily. Marine greases are useful to machinery that can only be lubricated rarely and wherever lubricating oil would not dwell in position such as heavy loaded sliding and rolling motion found in marine application. It acts as sealants to avoid entrance of water. Grease-lubricated bearings possess superior frictional characteristics owing to their high viscosity index.

Request For Report Sample: https://www.persistencemarketresearch.com/samples/2844

Based on the technology of manufacturing, marine grease can be classified as mixture of mineral oil and solid materials, heavy, asphaltic type oil blended with lighter oils, extreme pressure grease, roll-neck grease, soap-thickened mineral oil and multipurpose grease. Further these can be broadly categorized in soap based marine grease, mineral based marine grease and bio-based or vegetable oil based marine grease.

The various application of marine grease is found in winches, seacock, deck gear, blocks, bearings, wire rope protection and folding propellers. Europe is the largest market for marine grease attributed to their high dependency on waterways, followed by North America and Asia Pacific. With growing economy and growing trade through waterways the marine grease market in Asia Pacific is growing at high pace and expected to grow further during forecasted period. The bio-based or vegetable oil and mineral based marine grease segments are expected to experience the highest growth rate in Europe and North America due to the government regulatory involved with aquatic environment in these region. Emerging economies of Brazil, Chile and South Africa are expected to drive the growth in rest of the world (RoW) segment.

The major drivers for marine grease include increasing demand of shipping due to growing economy of the costal (sea surrounded) countries around the world, increasing international trade, development in the field of new waterways and growing naval defense budget around the globe. According to “International Chamber of Shipping” (ICS) around 90 % of the global trade is carried by the shipping industries, there are over 50,000 merchant ships trading internationally, transporting every kind of cargo and registered in over 150 nations.

Environment related regulation corresponding to vulnerability associated with spillage of marine grease in aquatics has led to strict environmental regulations in western countries and posing significant restraints for the global marine grease market

Request For Report Table of Content (TOC): https://www.persistencemarketresearch.com/toc/2844

Some of the major players operating in the marine grease market include Lubmarine (Total Group), Royal Dutch Shell PLC, Chevron, ExxonMobil Corporation, , BP Marine, Sinopec Corporation, Castrol, LUKOIL Marine Lubricants, QUEPET Lubricants, Gulf Marine and Industrial Supplies Inc., JX Nippon Oil & Energy Corporation, Idemitsu Kosan Co., Ltd. and IKO Marine Lubricant Supply Co. Ltd,

ABOUT US:
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.

CONTACT:
Persistence Market Research
305 Broadway,7th Floor
New York City, NY 10007
United States
T: +1-646-568-7751
Tollfree: +1 800-961-0353
Website: www.persistencemarketresearch.com

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 Marine Grease Market Revenue, Opportunity, Forecast and Value Chain 2020 here

News-ID: 867139 • Views:

More Releases from Persistence Market Research

Frozen Foods Market Heats Up with Innovation and Growing Consumer Demand
Frozen Foods Market Heats Up with Innovation and Growing Consumer Demand
Market Overview: The frozen foods market consists of a wide range of products, including frozen fruits and vegetables, meat and seafood, ready-to-eat meals, and desserts. These products are preserved through freezing to maintain freshness and quality for an extended period. Market Size and Growth: The global market for frozen foods is forecasted to be of valuation US$ 281.0 Billion in the year 2022 which is expanding at a value CAGR of 5.1% and
The Global Graphene Market's Striking Growth and Innovative Applications
The Global Graphene Market's Striking Growth and Innovative Applications
Introduction Graphene, a single layer of carbon atoms arranged in a hexagonal lattice, has gained global recognition for its extraordinary properties, such as exceptional electrical and thermal conductivity, mechanical strength, and flexibility. Since its isolation in 2004 by Andre Geim and Konstantin Novoselov, graphene has sparked considerable interest in both scientific and industrial communities. This report explores the current state of the graphene market and its potential growth opportunities. Get Access To
Business Opportunities in Cyber Security Mesh Market : Top Countries Data Analysis, Emerging Trends with Upcoming Developments
Business Opportunities in Cyber Security Mesh Market : Top Countries Data Analys …
Market Overview: The projected global market size for cyber security mesh is expected to reach $8.8 billion by the year 2033, with an estimated valuation of $1.2 billion by 2023. This market is poised to experience a compound annual growth rate (CAGR) of 21.7% from 2023 to 2033. The global Cyber Security Mesh market is poised for significant growth as organizations worldwide grapple with the escalating threat landscape. Cybersecurity has become an
Synthetic Beta-Carotene Market To Boost Incredible Growth: 2033, Share Valuation and Industry Size
Synthetic Beta-Carotene Market To Boost Incredible Growth: 2033, Share Valuation …
Key market trends included a shift towards natural and plant-based ingredients, as consumers sought cleaner labels and healthier options. This drove the demand for naturally sourced beta-carotene, but synthetic beta-carotene still had its place due to its cost-effectiveness and consistency in production. The market was also influenced by regulatory changes and evolving dietary preferences, which affected the application and formulation of synthetic beta-carotene in various products. To obtain the latest market

All 5 Releases


More Releases for Marine

Ocean Engineering Equipment Market Business Opportunities 2026 - Top Companies a …
The Ocean Engineering Equipment Market research added by UpMarketResearch.com, offers a comprehensive analysis of growth trends prevailing in the global business domain. This report also provides definitive data concerning market, size, commercialization aspects and revenue forecast of the industry. In addition, the study explicitly highlights the competitive status of key players within the projection timeline while focusing on their portfolio and regional expansion endeavors. Request Exclusive Free Sample PDF of This
Marine Cranes Market Reviews and Statistics 2020 - DMW Marine, Heila Cranes, Eff …
An extensive study of the product application and services conducted by subject matter experts assessing the global Marine Cranes market will help product owners to make a wise decision. The latest research report on Marine Cranes market for the forecast period, 2020 - 2025 is involved in screening the business environment and the companies operating in the Marine Cranes industry. Importantly, the research sheds a lot of light on their winning
Marine Trailers Market by Key Players Insights - Owens & Sons Marine, EZ LOADER, …
Marine Trailers Market: Introduction Marine Trailers are supportive equipment used to tow or carry personal, commercial or marine boats from one place to another. Marine trailers are prominently gaining demand in personal use due to the growing hiking and adventurous activity among millennials. Personal boats need to be carried from respective individual houses or residential places to the activity area. With the growing needs of urban population, the marine trailers market
Marine Seats Market | Spreading Key players - Wise Seats, Moeller Marine Product …
Global Marine Seats Market, 2018-2023, is a market research report by KD Market Research that offers extensive and highly detailed current and future market trends in the global and regional/market. The report offers market size and structure of the overall industry based upon a unique combination of industry research, fieldwork, market sizing analysis, and our in-house expertise. Global Marine Seats Market was held at USD XXX Million in 2017 and is expected
Marine Big Data Market - Information Provided by Marine Big Data Considered Indi …
Considering big data analytics in the marine sector is an upcoming technology, the global marine big data market is poised to witness a highly competitive environment. As the market is at a booming phase, Transparency Market Research (TMR) forecasts strong growth for in a new study. “In order to emerge at fore, a majority of the market players are focusing on product differentiation,” said a lead TMR analyst. “In consequence
Global Ship Crane Market Forecast 2018-2025 Allied Marine Crane, Appleton Marine …
Recently added detailed market study "Global Ship Crane Market" examines the performance of the Ship Crane market 2018. It encloses an in-depth Research of the Ship Crane market state and the competitive landscape globally. This report analyzes the potential of Ship Crane market in the present and the future prospects from various angles in detail. The Global Ship Crane Market 2018 report includes Ship Crane market Revenue, market Share, Ship Crane