Industrial Greases Market, 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

Industrial Greases Market, 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), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028

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 (2022-2028), considering 2021 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.