Grease is a liquid lubricant with a solid or semi-fluid thickener, such as soap or PTFE. Grease fulfills the same requirements as other lubricants – to reduce friction and wear, protect against corrosions, and to dissipate heat. Automotive Grease is used in bearings, joints, hinges and other components. Automotive grease avoids sticking and squeaking thus preventing components wearing out prematurely, whilst shielding against moisture and corrosion. Automotive grease consists of oil or other fluid lubricant that is mixed with a thickener, typically a soap, to form a solid or semisolid.
Considering the development of downstream industry, we estimate that the growth of automotive grease market size will continue to grow in the next five years with a 2.50% compound average growth rate to 2021.
EU, North America, China and Asia (EX. China) are the major consumption regions of automotive grease, for both passenger automotive and commercial automotive are quite mature in these regions.
According to this study, over the next five years the Automotive Grease market will register a 2.3% CAGR in terms of revenue, the global market size will reach US$ 1140 million by 2024, from US$ 1000 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Automotive Grease business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Automotive Grease market by product type, application, key manufacturers and key regions and countries.
This study considers the Automotive Grease value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Mineral Oil Grease
Synthetic Oil Grease
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Commercial Vehicle
Passenger Vehicle
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Shell
ExxonMobil
Sinopec
Axel Christiernsson
Castrol
CNPC
Chevron
Total
Dow Corning
Freudenberg
Fuchs
BP
SKF
Haihua
Southwestern Petroleum
Shu Guang
Changming
Timken
Zinol
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Automotive Grease consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Automotive Grease market by identifying its various subsegments.
Focuses on the key global Automotive Grease manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Automotive Grease with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Automotive Grease submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Summary:
Get latest Market Research Reports on Automotive Grease . Industry analysis & Market Report on Automotive Grease is a syndicated market report, published as Global Automotive Grease Market Growth 2019-2024. It is complete Research Study and Industry Analysis of Automotive Grease market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.