Impact Analysis of Covid-19

The complete version of the REPORT will include the impact of the COVID-19, and anticipated change on the future outlook of the industry, by taking into the account the political, economic, social, and technological parameters.

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.

The global industrial greases market is projected to reach around US$ 2623.3 million by the end of 2027, in terms of revenue, growing at CAGR of 5.5% during the forecast period (2020-2027).

Drivers:

Rising demand for industrial greases from the Asia Pacific region as it is accounted for the largest consumer of grease due to the presence of a large number of industries is expected to propel the market growth. Growth in the construction and manufacturing industries across the ASEAN region is further increasing the consumption of greases. All these factors are expected to augment the market growth of industrial greases.

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. 

Figure 1. Global Industrial Greases Market Share (%) in terms of Value, By Region, in 2019

Industrial Greases  | Coherent Market Insights

Asia Pacific region dominated the global industrial greases market in 2019, accounting for 39.2% share in terms of value, followed by North America and Europe, respectively.

Market Restraints

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.

Limited production of mineral oils coupled with the volatile prices of crude oil is expected to hinder the market growth of the industrial grease over the forecast period.

Market Opportunities

Rising demand for food-grade industrial grease used across food processing equipment is expected to offer numerous growth opportunities to the market of industrial grease. These food-grade greases are used across lubricant bearings, linkages, and moving joints of the equipment used in the food industry. Food grade greases are expected to offer a new opportunity to the market of industrial grease.

Growth in mechanization coupled with the increase in industrial production especially across the Asia Pacific region is expected to augment the market growth over the forecast period. Increasing utilization of grease across the manufacturing sector for enhancing the performance and reliability of machines is further expected to fuel the market growth of industrial grease.

Figure 2. Global Industrial Greases Market– Opportunity Analysis

Industrial Greases  | Coherent Market Insights

Market Trends

Growth in the oil &gas industry especially in the UAE region due to increasing investment by the regional government is projected to accelerate the market growth of the industrial greases over the forecast period. For instance, in November 2018, Abu Dhabi’s Supreme Petroleum Council (SPC) has approved a five-year, $132bn investment plan proposed by Abu Dhabi National Oil Company’s (Adnoc) aimed at increasing the UAE’s oil and gas production capacity.

The growing demand for grease from the marine and boating industry is anticipated to be a major factor propelling the market growth of industrial greases. For instance, in March 2019, Zaeto launched five environmentally friendly grease and lubricant products for the marine industry. This includes marine engine treatment, marine 4 stroke engine treatment, marine grease, marine aerosol lubricant, and marine aerosol grease. Thus growing demand for grease from the marine industry is expected to propel the market growth.

Figure 3. Global Industrial Greases Market Share (%) in terms of Value, By Application, in 2019

Industrial Greases  | Coherent Market Insights

On the basis of application in 2019, the other manufacturing segment has accounted the largest market share of 27.6% in terms of value, followed by on road vehicles and mining & metallurgy respectively

Competitive Section:

Company Names 

  1. Belray Company LLC
  2. Texaco Inc.
  3. Exxon Mobil
  4. Whitmore Manufacturing Co.
  5. Axel Christiernsson
  6. Klüber Lubrication München SE & Co. KG
  7. Dow Corning Corporation
  8. Sinopec Lubricant Company
  9. Lubriplate lubricant Co.
  10. Royal Dutch Shell plc
  11. Castrol
  12. Chemtool Incorporated
  13. ETS Australia
  14. Total SE
  15. Fuchs Petrolub SE 
  16. Caltex Australia

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.

Table of Contents

  1. Research Objectives and Assumptions
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Purview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet, By Base Oil Type
      • Market Snippet, By Thickener Type
      • Market Snippet, By Application
      • Market Snippet, By Region
    • Coherent Opportunity Map (COM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
        • Supply Side Drivers
        • Demand Side Drivers
        • Economic Drivers
      • Restraints
      • Market Opportunities
      • Regulatory Scenario
      • Industry Trend
      • Mergers and Acquisitions
      • New Product Approvals/Launch
      • Promotion and Marketing Initiatives
    • Cost Tier Down Analysis
  4. Global Industrial Greases Market, By Base Oil Type, 2017 - 2027 (US$ Million & KT)
    • Introduction
      • Market Share Analysis, 2017 and 2027
      • Y-o-Y Growth Analysis, 2020 – 2027 (%)
      • Segment Trends
    • Mineral Oil
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Million & KT)
    • Synthetic Oil
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Million & KT)
    • Semi-Synthetic Oil
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Million & KT)
    • Bio-based
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Million & KT)
  5. Global Industrial Greases Market, By Thickener Type, 2017 - 2027 (US$ Million & KT)
    • Introduction
      • Market Share Analysis, 2017 and 2027
      • Y-o-Y Growth Analysis, 2020 – 2027 (%)
      • Segment Trends
    • Simple Metal Soaps
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Million & KT)
    • Non-Soap Thickener
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Million & KT)
    • Complex Metal Soaps
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Million & KT)
  6. Global Industrial Greases Market, By Application, 2017 - 2027 (US$ Million & KT)
    • Introduction
      • Market Share Analysis, 2017 and 2027
      • Y-o-Y Growth Analysis, 2020 – 2027 (%)
      • Segment Trends
    • On-Road Vehicles
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Million & KT)
    • Mining and Metallurgy
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Million & KT)
    • Off-Highway & Construction
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Million & KT)
    • Auto manufacturing
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Million & KT)
    • Other Transportation
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Million & KT)
    • Other Manufacturing
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Million & KT)
  7. Global Industrial Greases Market, By Region, 2017- 2027 (US$ Million & KT)
    • Introduction
      • Market Share Analysis, By Region, 2017 and 2027
      • Y-o-Y Growth Analysis, By Region, 2020 – 2027 (%)
    • North America
      • Market Share Analysis, By Country, 2017 and 2027
      • Y-o-Y Growth Analysis, By Country, 2020 – 2027 (%)
        • U.S.
          • Country Trends
          • Market Size and Forecast, By Base Oil Type, 2017- 2027 (US$ Million & KT)
          • Market Size and Forecast, By Thickener Type, 2017- 2027 (US$ Million & KT)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million & KT)
        • Canada
          • Country Trends
          • Market Size and Forecast, By Base Oil Type, 2017- 2027 (US$ Million & KT)
          • Market Size and Forecast, By Thickener Type, 2017- 2027 (US$ Million & KT)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million & KT)
    • Europe
      • Market Share Analysis, By Country, 2017 and 2027
      • Y-o-Y Growth Analysis, By Country, 2020 – 2027 (%)
        • U.K.
          • Country Trends
          • Market Size and Forecast, By Base Oil Type, 2017- 2027 (US$ Million & KT)
          • Market Size and Forecast, By Thickener Type, 2017- 2027 (US$ Million & KT)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million & KT)
        • Germany
          • Country Trends
          • Market Size and Forecast, By Base Oil Type, 2017- 2027 (US$ Million & KT)
          • Market Size and Forecast, By Thickener Type, 2017- 2027 (US$ Million & KT)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million & KT)
        • France
          • Country Trends
          • Market Size and Forecast, By Base Oil Type, 2017- 2027 (US$ Million & KT)
          • Market Size and Forecast, By Thickener Type, 2017- 2027 (US$ Million & KT)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million & KT)
        • Italy
          • Country Trends
          • Market Size and Forecast, By Base Oil Type, 2017- 2027 (US$ Million & KT)
          • Market Size and Forecast, By Thickener Type, 2017- 2027 (US$ Million & KT)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million & KT)
          •  
        • Spain
          • Country Trends
          • Market Size and Forecast, By Base Oil Type, 2017- 2027 (US$ Million & KT)
          • Market Size and Forecast, By Thickener Type, 2017- 2027 (US$ Million & KT)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million & KT)
        • Russia
          • Country Trends
          • Market Size and Forecast, By Base Oil Type, 2017- 2027 (US$ Million & KT)
          • Market Size and Forecast, By Thickener Type, 2017- 2027 (US$ Million & KT)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million & KT)
        • Rest of Europe
          • Country Trends
          • Market Size and Forecast, By Base Oil Type, 2017- 2027 (US$ Million & KT)
          • Market Size and Forecast, By Thickener Type, 2017- 2027 (US$ Million & KT)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million & KT)
    • Asia Pacific
      • Market Share Analysis, By Country, 2017 and 2027
      • Y-o-Y Growth Analysis, By Country, 2020 – 2027 (%)
        • China
          • Country Trends
          • Market Size and Forecast, By Base Oil Type, 2017- 2027 (US$ Million & KT)
          • Market Size and Forecast, By Thickener Type, 2017- 2027 (US$ Million & KT)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million & KT)
        • India
          • Country Trends
          • Market Size and Forecast, By Base Oil Type, 2017- 2027 (US$ Million & KT)
          • Market Size and Forecast, By Thickener Type, 2017- 2027 (US$ Million & KT)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million & KT)
        • Japan
          • Country Trends
          • Market Size and Forecast, By Base Oil Type, 2017- 2027 (US$ Million & KT)
          • Market Size and Forecast, By Thickener Type, 2017- 2027 (US$ Million & KT)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million & KT)
        • ASEAN
          • Country Trends
          • Market Size and Forecast, By Base Oil Type, 2017- 2027 (US$ Million & KT)
          • Market Size and Forecast, By Thickener Type, 2017- 2027 (US$ Million & KT)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million & KT)
        • Australia
          • Country Trends
          • Market Size and Forecast, By Base Oil Type, 2017- 2027 (US$ Million & KT)
          • Market Size and Forecast, By Thickener Type, 2017- 2027 (US$ Million & KT)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million & KT)
        • South Korea
          • Country Trends
          • Market Size and Forecast, By Base Oil Type, 2017- 2027 (US$ Million & KT)
          • Market Size and Forecast, By Thickener Type, 2017- 2027 (US$ Million & KT)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million & KT)
        • Rest of Asia Pacific
          • Country Trends
          • Market Size and Forecast, By Base Oil Type, 2017- 2027 (US$ Million & KT)
          • Market Size and Forecast, By Thickener Type, 2017- 2027 (US$ Million & KT)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million & KT)
    • Latin America
      • Market Share Analysis, By Country, 2017 and 2027
      • Y-o-Y Growth Analysis, By Country, 2020 – 2027 (%)
        • Brazil
          • Country Trends
          • Market Size and Forecast, By Base Oil Type, 2017- 2027 (US$ Million & KT)
          • Market Size and Forecast, By Thickener Type, 2017- 2027 (US$ Million & KT)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million & KT)
        • Mexico
          • Country Trends
          • Market Size and Forecast, By Base Oil Type, 2017- 2027 (US$ Million & KT)
          • Market Size and Forecast, By Thickener Type, 2017- 2027 (US$ Million & KT)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million & KT)
        • Argentina
          • Country Trends
          • Market Size and Forecast, By Base Oil Type, 2017- 2027 (US$ Million & KT)
          • Market Size and Forecast, By Thickener Type, 2017- 2027 (US$ Million & KT)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million & KT)
        • Rest of Latin America
          • Country Trends
          • Market Size and Forecast, By Base Oil Type, 2017- 2027 (US$ Million & KT)
          • Market Size and Forecast, By Thickener Type, 2017- 2027 (US$ Million & KT)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million & KT)
    • Middle East
      • Market Share Analysis, By Country, 2017 and 2027
      • Y-o-Y Growth Analysis, By Country, 2020 – 2027 (%)
        • GCC
          • Country Trends
          • Market Size and Forecast, By Base Oil Type, 2017- 2027 (US$ Million & KT)
          • Market Size and Forecast, By Thickener Type, 2017- 2027 (US$ Million & KT)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million & KT)
        • Israel
          • Country Trends
          • Market Size and Forecast, By Base Oil Type, 2017- 2027 (US$ Million & KT)
          • Market Size and Forecast, By Thickener Type, 2017- 2027 (US$ Million & KT)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million & KT)
        • Rest of Middle East
          • Country Trends
          • Market Size and Forecast, By Base Oil Type, 2017- 2027 (US$ Million & KT)
          • Market Size and Forecast, By Thickener Type, 2017- 2027 (US$ Million & KT)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million & KT)
    • Africa
      • Market Share Analysis, By Sub-region, 2017 and 2027
      • Y-o-Y Growth Analysis, By Sub-region, 2020 – 2027 (%)
        • North Africa
          • Sub-region Trends
          • Market Size and Forecast, By Base Oil Type, 2017- 2027 (US$ Million & KT)
          • Market Size and Forecast, By Thickener Type, 2017- 2027 (US$ Million & KT)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million & KT)
        • Central Africa
          • Sub-region Trends
          • Market Size and Forecast, By Base Oil Type, 2017- 2027 (US$ Million & KT)
          • Market Size and Forecast, By Thickener Type, 2017- 2027 (US$ Million & KT)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million & KT)
        • South Africa
          • Sub-region Trends
          • Market Size and Forecast, By Base Oil Type, 2017- 2027 (US$ Million & KT)
          • Market Size and Forecast, By Thickener Type, 2017- 2027 (US$ Million & KT)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million & KT)
  8. Competitive Landscape
    • Heat Map Analysis
    • Market Share Analysis (3x3 Matrix)
    • Company Profiles
      • Belray Company LLC
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Texaco Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Exxon Mobil
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Whitmore Manufacturing Co.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Axel Christiernsson
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Klüber Lubrication München SE & Co. KG
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Dow Corning Corporation
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Sinopec Lubricant Company
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Lubriplate lubricant Co.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Royal Dutch Shell plc
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Castrol
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Chemtool Incorporated
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • ETS Australia
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Total SE
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Fuchs Petrolub SE
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Caltex Australia
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
  9. Section
    • References
    • Research Methodology
    • About us and Sales Contact

Frequently Asked Questions

The market for industrial greases is estimated to surpass US$ 2623.3 million by 2027, exhibiting a CAGR of 5.5% between 2020 and 2027.
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.
The industrial greases market is expected to exhibit a CAGR of 5.5% during the forecast period (2020-2027).
Major players operating in the global industrial greases market 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
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 hamper the market growth of industrial greases
Growth in the oil &gas industry especially in the UAE region due to increasing investment by the regional government is projected to accelerate the market growth of the industrial greases over the forecast period.
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