Industrial greases are classified as lubricant used to reduce the friction between two surfaces making it slippery and smooth. Greases reduce the risk of wear and tear of the machinery component and increase the reliability of the machine. It has an excellent water-resistant property which is beneficial for preventing any leakage due to gravity. Automotive is the largest consumer of greases where it is used in automobile production. Greases are also used across a wide range of construction industry, especially in the residential sector. Industrial greases are also efficient in blocking the contaminant, reducing noise and power consumption.
Market Dynamics
Rising demand for high-performance greases that can withstand high pressure and the temperature is projected to augment the market growth industrial grease. Growing demand for greases from metalworking and metallurgical industry coupled with the increasing production of heavy equipment for high-end applications is further anticipated to augment the market growth of industrial grease over the forecast period.
Increasing focus of manufacturers to raise the production capacity of industrial grease is expected to be a major trend in the market. For instance, in April 2020, Aerospace Lubricants, which serves the specialized grease needs of military and commercial aviation, announced a plant expansion that will add 10 million pounds of grease production capacity at its Columbus, Ohio, U.S.A. location.
Strict emission rules and regulations related to emissions of harmful gases is expected to hamper the market growth of industrial grease. This is attributed to rising government concerns and efforts in order to reduce global warming. This factor is projected to restrict the market growth of industrial grease.
Key features of the study:
- This report provides in-depth analysis of the global industrial greases market and provides market size (US$ Million) and compound annual growth rate (CAGR %) for the forecast period (2020-2027), considering 2019 as the base year
- It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global industrial greases market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
- Key companies covered as a part of this study include Belray Company LLC, Texaco Inc., Exxon Mobil, Whitmore Manufacturing Co., Axel Christiernsson, Klüber Lubrication München SE & Co. KG, Dow Corning Corporation, Sinopec Lubricant Company, Lubriplate lubricant Co., Royal Dutch Shell plc, Castrol, Chemtool Incorporated, ETS Australia, Total SE, Fuchs Petrolub SE , and Caltex Australia
- Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology upgradation, market expansion, and marketing tactics
- The global industrial greases market report caters to various stakeholders in this industry including investors, suppliers, industrial greases manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the industrial greases market
Detailed Segmentation:
- Global Industrial Greases Market, By Base Oil Type:
- Mineral Oil
- Synthetic Oil
- Semi-Synthetic Oil
- Bio-Based
- Global Industrial Greases Market, By Thickener Type:
- Simple Metal Soaps
- Non-Soap Thickener
- Complex Metal Soaps
- Global Industrial Greases Market, By Application:
- On-Road Vehicles
- Mining and Metallurgy
- Off-Highway and Construction
- Auto manufacturing
- Other transportation
- Other Manufacturing
- Global Industrial Greases Market, By Region:
- North America
- U.S.
- By Base Oil Type:
- Mineral Oil
- Synthetic Oil
- Semi-Synthetic Oil
- Bio-Based
- By Thickener Type:
- Simple Metal Soaps
- Non-Soap Thickener
- Complex Metal Soaps
- By Application:
- On-Road Vehicles
- Mining and Metallurgy
- Off-Highway and Construction
- Auto manufacturing
- Other transportation
- Other Manufacturing
- Canada
- By Base Oil Type:
- Mineral Oil
- Synthetic Oil
- Semi-Synthetic Oil
- Bio-Based
- By Thickener Type:
- Simple Metal Soaps
- Non-Soap Thickener
- Complex Metal Soaps
- By Application:
- On-Road Vehicles
- Mining and Metallurgy
- Off-Highway and Construction
- Auto manufacturing
- Other transportation
- Other Manufacturing
- Europe
- U.K.
- By Base Oil Type:
- Mineral Oil
- Synthetic Oil
- Semi-Synthetic Oil
- Bio-Based
- By Thickener Type:
- Simple Metal Soaps
- Non-Soap Thickener
- Complex Metal Soaps
- By Application:
- On-Road Vehicles
- Mining and Metallurgy
- Off-Highway and Construction
- Auto manufacturing
- Other transportation
- Other Manufacturing
- Germany
- By Base Oil Type:
- Mineral Oil
- Synthetic Oil
- Semi-Synthetic Oil
- Bio-Based
- By Thickener Type:
- Simple Metal Soaps
- Non-Soap Thickener
- Complex Metal Soaps
- By Application:
- On-Road Vehicles
- Mining and Metallurgy
- Off-Highway and Construction
- Auto manufacturing
- Other transportation
- Other Manufacturing
- France
- By Base Oil Type:
- Mineral Oil
- Synthetic Oil
- Semi-Synthetic Oil
- Bio-Based
- By Thickener Type:
- Simple Metal Soaps
- Non-Soap Thickener
- Complex Metal Soaps
- By Application:
- On-Road Vehicles
- Mining and Metallurgy
- Off-Highway and Construction
- Auto manufacturing
- Other transportation
- Other Manufacturing
- Italy
- By Base Oil Type:
- Mineral Oil
- Synthetic Oil
- Semi-Synthetic Oil
- Bio-Based
- By Thickener Type:
- Simple Metal Soaps
- Non-Soap Thickener
- Complex Metal Soaps
- By Application:
- On-Road Vehicles
- Mining and Metallurgy
- Off-Highway and Construction
- Auto manufacturing
- Other transportation
- Other Manufacturing
- Spain
- By Base Oil Type:
- Mineral Oil
- Synthetic Oil
- Semi-Synthetic Oil
- Bio-Based
- By Thickener Type:
- Simple Metal Soaps
- Non-Soap Thickener
- Complex Metal Soaps
- By Application:
- On-Road Vehicles
- Mining and Metallurgy
- Off-Highway and Construction
- Auto manufacturing
- Other transportation
- Other Manufacturing
- Russia
- By Base Oil Type:
- Mineral Oil
- Synthetic Oil
- Semi-Synthetic Oil
- Bio-Based
- By Thickener Type:
- Simple Metal Soaps
- Non-Soap Thickener
- Complex Metal Soaps
- By Application:
- On-Road Vehicles
- Mining and Metallurgy
- Off-Highway and Construction
- Auto manufacturing
- Other transportation
- Other Manufacturing
- Rest of Europe
- By Base Oil Type:
- Mineral Oil
- Synthetic Oil
- Semi-Synthetic Oil
- Bio-Based
- By Thickener Type:
- Simple Metal Soaps
- Non-Soap Thickener
- Complex Metal Soaps
- By Application:
- On-Road Vehicles
- Mining and Metallurgy
- Off-Highway and Construction
- Auto manufacturing
- Other transportation
- Other Manufacturing
- Asia Pacific
- China
- By Base Oil Type:
- Mineral Oil
- Synthetic Oil
- Semi-Synthetic Oil
- Bio-Based
- By Thickener Type:
- Simple Metal Soaps
- Non-Soap Thickener
- Complex Metal Soaps
- By Application:
- On-Road Vehicles
- Mining and Metallurgy
- Off-Highway and Construction
- Auto manufacturing
- Other transportation
- Other Manufacturing
- India
- By Base Oil Type:
- Mineral Oil
- Synthetic Oil
- Semi-Synthetic Oil
- Bio-Based
- By Thickener Type:
- Simple Metal Soaps
- Non-Soap Thickener
- Complex Metal Soaps
- By Application:
- On-Road Vehicles
- Mining and Metallurgy
- Off-Highway and Construction
- Auto manufacturing
- Other transportation
- Other Manufacturing
- Japan
- By Base Oil Type:
- Mineral Oil
- Synthetic Oil
- Semi-Synthetic Oil
- Bio-Based
- By Thickener Type:
- Simple Metal Soaps
- Non-Soap Thickener
- Complex Metal Soaps
- By Application:
- On-Road Vehicles
- Mining and Metallurgy
- Off-Highway and Construction
- Auto manufacturing
- Other transportation
- Other Manufacturing
- ASEAN
- By Base Oil Type:
- Mineral Oil
- Synthetic Oil
- Semi-Synthetic Oil
- Bio-Based
- By Thickener Type:
- Simple Metal Soaps
- Non-Soap Thickener
- Complex Metal Soaps
- By Application:
- On-Road Vehicles
- Mining and Metallurgy
- Off-Highway and Construction
- Auto manufacturing
- Other transportation
- Other Manufacturing
- Australia
- By Base Oil Type:
- Mineral Oil
- Synthetic Oil
- Semi-Synthetic Oil
- Bio-Based
- By Thickener Type:
- Simple Metal Soaps
- Non-Soap Thickener
- Complex Metal Soaps
- By Application:
- On-Road Vehicles
- Mining and Metallurgy
- Off-Highway and Construction
- Auto manufacturing
- Other transportation
- Other Manufacturing
- South Korea
- By Base Oil Type:
- Mineral Oil
- Synthetic Oil
- Semi-Synthetic Oil
- Bio-Based
- By Thickener Type:
- Simple Metal Soaps
- Non-Soap Thickener
- Complex Metal Soaps
- By Application:
- On-Road Vehicles
- Mining and Metallurgy
- Off-Highway and Construction
- Auto manufacturing
- Other transportation
- Other Manufacturing
- Rest of Asia Pacific
- By Base Oil Type:
- Mineral Oil
- Synthetic Oil
- Semi-Synthetic Oil
- Bio-Based
- By Thickener Type:
- Simple Metal Soaps
- Non-Soap Thickener
- Complex Metal Soaps
- By Application:
- On-Road Vehicles
- Mining and Metallurgy
- Off-Highway and Construction
- Auto manufacturing
- Other transportation
- Other Manufacturing
- Latin America
- Brazil
- By Base Oil Type:
- Mineral Oil
- Synthetic Oil
- Semi-Synthetic Oil
- Bio-Based
- By Thickener Type:
- Simple Metal Soaps
- Non-Soap Thickener
- Complex Metal Soaps
- By Application:
- On-Road Vehicles
- Mining and Metallurgy
- Off-Highway and Construction
- Auto manufacturing
- Other transportation
- Other Manufacturing
- Mexico
- By Base Oil Type:
- Mineral Oil
- Synthetic Oil
- Semi-Synthetic Oil
- Bio-Based
- By Thickener Type:
- Simple Metal Soaps
- Non-Soap Thickener
- Complex Metal Soaps
- By Application:
- On-Road Vehicles
- Mining and Metallurgy
- Off-Highway and Construction
- Auto manufacturing
- Other transportation
- Other Manufacturing
- Rest of Latin America
- By Base Oil Type:
- Mineral Oil
- Synthetic Oil
- Semi-Synthetic Oil
- Bio-Based
- By Thickener Type:
- Simple Metal Soaps
- Non-Soap Thickener
- Complex Metal Soaps
- By Application:
- On-Road Vehicles
- Mining and Metallurgy
- Off-Highway and Construction
- Auto manufacturing
- Other transportation
- Other Manufacturing
- Middle East
- GCC
- By Base Oil Type:
- Mineral Oil
- Synthetic Oil
- Semi-Synthetic Oil
- Bio-Based
- By Thickener Type:
- Simple Metal Soaps
- Non-Soap Thickener
- Complex Metal Soaps
- By Application:
- On-Road Vehicles
- Mining and Metallurgy
- Off-Highway and Construction
- Auto manufacturing
- Other transportation
- Other Manufacturing
- Israel
- By Base Oil Type:
- Mineral Oil
- Synthetic Oil
- Semi-Synthetic Oil
- Bio-Based
- By Thickener Type:
- Simple Metal Soaps
- Non-Soap Thickener
- Complex Metal Soaps
- By Application:
- On-Road Vehicles
- Mining and Metallurgy
- Off-Highway and Construction
- Auto manufacturing
- Other transportation
- Other Manufacturing
- Rest of Middle East
- By Base Oil Type:
- Mineral Oil
- Synthetic Oil
- Semi-Synthetic Oil
- Bio-Based
- By Thickener Type:
- Simple Metal Soaps
- Non-Soap Thickener
- Complex Metal Soaps
- By Application:
- On-Road Vehicles
- Mining and Metallurgy
- Off-Highway and Construction
- Auto manufacturing
- Other transportation
- Other Manufacturing
- Africa
-
- By Base Oil Type:
- Mineral Oil
- Synthetic Oil
- Semi-Synthetic Oil
- Bio-Based
- By Thickener Type:
- Simple Metal Soaps
- Non-Soap Thickener
- Complex Metal Soaps
- By Application:
- On-Road Vehicles
- Mining and Metallurgy
- Off-Highway and Construction
- Auto manufacturing
- Other transportation
- Other Manufacturing
- Central Africa
- By Base Oil Type:
- Mineral Oil
- Synthetic Oil
- Semi-Synthetic Oil
- Bio-Based
- By Thickener Type:
- Simple Metal Soaps
- Non-Soap Thickener
- Complex Metal Soaps
- By Application:
- On-Road Vehicles
- Mining and Metallurgy
- Off-Highway and Construction
- Auto manufacturing
- Other transportation
- Other Manufacturing
- South Africa
- By Base Oil Type:
- Mineral Oil
- Synthetic Oil
- Semi-Synthetic Oil
- Bio-Based
- By Thickener Type:
- Simple Metal Soaps
- Non-Soap Thickener
- Complex Metal Soaps
- By Application:
- On-Road Vehicles
- Mining and Metallurgy
- Off-Highway and Construction
- Auto manufacturing
- Other transportation
- Other Manufacturing
- Company Profiles
- Belray Company LLC *
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments
- Future Plans
- Texaco Inc.
- Exxon Mobil
- Whitmore Manufacturing Co.
- Axel Christiernsson
- Klüber Lubrication München SE & Co. KG
- Dow Corning Corporation
- Sinopec Lubricant Company
- Lubriplate lubricant Co.
- Royal Dutch Shell plc
- Castrol
- Chemtool Incorporated
- ETS Australia
- Total SE
- Fuchs Petrolub SE
- Caltex Australia
“*” marked represents similar segmentation in other categories in the respective section.