Press release
Automotive Grease Market Plan, Supply and Revenue to 2024
Automotive grease helps diminish friction and wear, provide corrosion protection, seal bearings from contaminants and water, repel leakage, resist change in consistency or structure during service, maintain flexibility under conditions of application, and repel or tolerate moisture. The consistency or hardness of the grease is measured by a penetrometer, which consists of a cone of specific weight and size dropped into the grease for five seconds. The color of the grease is determined by thickener, base oil, dye, and additive. Grease can be of any color to suit a particular application, environment, or identification purposes. The ability of any particular grease to be handled by grease dispensers, grease pumps, and other components in an automated greasing system depends on the viscosity of the grease. Depending on the application of grease, different base oils and thickeners can be used.
View Report Preview:
https://www.transparencymarketresearch.com/automotive-grease-market.html
Growth in the automotive industry is anticipated to boost the demand for automotive grease. Additionally, increase in demand for automobiles in emerging economies in Asia Pacific and Latin America is estimated to further propel the demand for automotive grease. However, strict environmental regulations, fluctuation in prices of raw materials, and weak demand in Europe and North America are projected to hamper market growth.
The shelf life of grease is affected by the amount and type of thickener used, consistency of the grease, formulation complexity, and manufacturing method employed. Generally, lithium complex, straight lithium, and calcium complex greases remain stable for an extended time. Barium and bentone greases tend to soften upon aging. Based on these, the shelf life of most Penrite greases is about seven years. However, semi-fluid grease and steering box lubricant have just two years of shelf life.
Asia Pacific is projected to be the key region of the automotive grease market, followed by North America and Europe, during the forecast period. India and China are the major markets in Asia Pacific due to the presence of an established automotive industry. Singapore, Republic of Korea, Vietnam, and Malaysia are expected to be other prominent consumers of automotive grease in Asia Pacific. The automotive grease market in Europe and North America is projected to experience moderate to high growth rate during the forecast period. The automotive grease market in Latin America is also likely to expand at a rapid pace due to the increase in number of cars in emerging economies in the region. Argentina and Brazil are estimated to be major consumers of automotive grease in Latin America.
The automotive grease market is dominated by large and medium material and chemical corporations. Key players operating in the automotive grease market include Harrison Manufacturing Co. PTY Ltd, Balmer Lawrie & Co. Ltd., Axel Americas LLC, Bel-Ray Company, LLC, IKV lubricants, Chemtool Incorporated, Citgo Petroleum Corporation, Hexol International Ltd., Indian Oil Corporation Ltd., Lubri-Lab Inc, Lubrita.Com, Luke Oil Co Inc, Marathon Petroleum Corporation, Penrite Oil Company, and Phillips 66.
Companies are adopting the merger and strategic acquisition strategy to expand their market share. Penrite Oil, a major player in the automotive grease market, offers a wide product portfolio. The company offers greases for various applications, ranging from trailer bearings and wheels to assembly components. It is one of the few companies that provides greases for veteran, classic, and vintage vehicles. IKV Lubricants provides greases made by mineral oil, including silicone and fluorinated greases, for usage in extreme temperature and pressure. The company uses the latest synthetic technology to manufacture automotive greases that can withstand high temperatures.
Request to view Sample Report:
https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=22223
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.
About Us
Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
Contact Us
Transparency Market Research
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA – Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: www.transparencymarketresearch.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 Automotive Grease Market Plan, Supply and Revenue to 2024 here
News-ID: 905216 • Views: …
More Releases from Transparency Market Research
Functional Coffee Market Expanding at 7.6% CAGR Through 2035 - By Product Type / …
The global functional coffee market was valued at US$ 21.5 Bn in 2024 and is projected to reach US$ 48.1 Bn by 2035, expanding at a compound annual growth rate (CAGR) of 7.6% from 2025 to 2035. This steady growth trajectory reflects the strong convergence of coffee consumption habits with rising demand for functional and wellness-oriented beverages. Functional coffee has transitioned from a niche category to a mainstream product offering,…
Global Electric Face Cleanser Market Poised for Robust Growth, projected to Reac …
The global electric face cleanser market is witnessing a transformative growth phase as consumers increasingly integrate advanced skincare technologies into their daily routines. Valued at USD 9.8 billion in 2025, the market is projected to expand significantly and reach USD 23.6 billion by 2036, growing at a healthy compound annual growth rate (CAGR) of 8.6% from 2026 to 2036. This growth trajectory underscores the rising importance of personal care technology,…
Asthma and COPD Drugs Market to Reach US$ 82.2 Billion by 2036, Growing at 5.7% …
The global asthma and COPD drugs market demonstrated strong fundamentals in 2025, with a valuation of US$ 44.7 Bn, reflecting the essential and recurring nature of respiratory therapeutics. Supported by a growing patient base and continuous pharmaceutical innovation, the market is projected to reach US$ 82.2 Bn by 2036, expanding at a compound annual growth rate (CAGR) of 5.7% from 2026 to 2036.
This growth trajectory highlights the increasing reliance on…
Low-Alcohol Beverages Market Outlook 2035: Global Industry Set to Expand from US …
The global low-alcohol beverages market is undergoing a structural transformation as consumers increasingly prioritize health, moderation, and mindful drinking without sacrificing taste or social experiences. Valued at US$ 2.1 billion in 2024, the market is projected to reach US$ 4.6 billion by 2035, expanding at a healthy CAGR of 7.5% from 2025 to 2035. This sustained growth reflects changing lifestyle preferences, generational shifts in alcohol consumption, and continuous innovation by…
More Releases for America
Stabilit America Highlights Applications of Fiberglass Roof Panels with Stabilit …
Roofing materials are very important in the realm of modern construction, as they should be long lasting, economical and attractive. Fiberglass roof panels are a few of the numerous choices among several alternatives that have received a reputation of being versatile, long life, and adaptable in various sectors. They are favored by the architects, contractors, and property developers due to their lightweight construction, resistance to weather factors, and the ease…
Deodorants Market Report by Region (North America, EMEA, Latin America, Asia)
2025 - Pristine Market Insights, a leading market research firm, announced the release of its latest and comprehensive market research report on Deodorants market. The report spans over 500 pages and delivers 10-year market forecast in US dollars (or custom currencies upon request). It provides in-depth analysis of market dynamics (drivers, opportunities, restraints), PESTLE insights, latest industry trends, and demand factors. The report includes segmented market value, share (%), compound…
Sequestrant Market Report by Region (North America, EMEA, Latin America, Asia)
2025 - Pristine Market Insights, a leading market research firm, announced the release of its latest and comprehensive market research report on Sequestrant market. The report spans over 500 pages and delivers 10-year market forecast in US dollars (or custom currencies upon request). It provides in-depth analysis of market dynamics (drivers, opportunities, restraints), PESTLE insights, latest industry trends, and demand factors. The report includes segmented market value, share (%), compound…
Buttermilk Market Study by Region (North America, Latin America, Europe, Asia, M …
2025 - Pristine Market Insights, a leading market research firm, announced the release of its latest and comprehensive market research report on Buttermilk market. The report spans over 500 pages and delivers 10-year market forecast in US dollars (or custom currencies upon request). It provides in-depth analysis of market dynamics (drivers, opportunities, restraints), PESTLE insights, latest industry trends, and demand factors. The report includes segmented market value, share (%),…
Textiles Market Analysis Report, Regional Outlook - Europe, North America, South …
Adroit Market Research has announced the addition of the “Global Textiles Market Size Status and Forecast 2025”, The report classifies the global Textiles in a precise manner to offer detailed insights about the aspects responsible for augmenting as well as restraining market growth.
This report studies the global Textiles Speaker market, analyzes and researches the Textiles Speaker development status and forecast in Europe, North America, Central America, South America, Asia Pacific…
Global Gaucher Disease Market 2018 Covering North America, South America, Europe
Gaucher Disease Market
Summary
The Global Gaucher Disease Market is defined by the presence of some of the leading competitors operating in the market, including the well-established players and new entrants, and the suppliers, vendors, and distributors. The key players are continuously focusing on expanding their geographic reach and broadening their customer base, in order to expand their product portfolio and come up with new advancements.
Gaucher Disease market size to maintain the average annual growth…
