Industrial greases are used for the lubrication in various machines to reduce the wear and tear from sustained use of such machinery. They are made from mixing base oils, additives and thickeners. Industrial greases are used to maintain the machines used in the manufacturing sector.
Even though the global market for industrial greases is changing rapidly, the end-use sectors that are dominant are not changing a lot. Typically, machinery that is used in the manufacturing sector, heavy industries and the infrastructure sector have high use of industrial greases. These are just the dominant sectors and there are several smaller end-use industries where industrial greases are utilized.
Industrial greases are widely used in several type of applications and are important for machinery due to their water resistant property. Industrial greases have the capability of remaining in contact with the moving surface and in the process lubricating it without suffering from leakages due to gravity, centrifugal forces or other kinds of pressure. Industrial greases are also able to retain their properties at all temperatures that it would be encountering during its use. With the help of greases, contaminants are blocked, noise is reduced and power consumption is reduced in the machinery, thereby also reducing its wear and tear. Due to such desirable properties of industrial greases, they are used in various end-use industries such as manufacturing, mining, auto manufacturing, construction, etc.
In 2019, the market size of Industrial Greases is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Industrial Greases.
This report studies the global market size of Industrial Greases, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Industrial Greases production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
Exxon Mobil
Shell
Castrol
Dow
Chevron
Total
Fuchs
Sinopec Lubricant
AXEL Christiernsson
Whitmore
Texaco
Belray
Market Segment by Product Type
Mineral Oil
Synthetic Oil
Semi-Synthetic Oil
Bio-Based
Market Segment by Application
Automotive
Mining
Construction
Heavy Industries
Others
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
To analyze and research the Industrial Greases status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Industrial Greases manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
In this study, the years considered to estimate the market size of Industrial Greases are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
Summary:
Get latest Market Research Reports on Industrial Greases. Industry analysis & Market Report on Industrial Greases is a syndicated market report, published as Global (United States, European Union and China) Industrial Greases Market Research Report 2019-2025. It is complete Research Study and Industry Analysis of Industrial Greases market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.