Global Lubricating Grease Market Growth 2023-2029

Global Lubricating Grease Market Growth 2023-2029

Lubricating grease is a solid to semi-fluid product of dispersion of a thickening agent in a liquid lubricant. (A.S.T.M., Standard Definitions of Terms Relating to Petroleum, 1959)
LPI (LP Information)' newest research report, the “Lubricating Grease Industry Forecast” looks at past sales and reviews total world Lubricating Grease sales in 2022, providing a comprehensive analysis by region and market sector of projected Lubricating Grease sales for 2023 through 2029. With Lubricating Grease sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Lubricating Grease industry.
This Insight Report provides a comprehensive analysis of the global Lubricating Grease landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Lubricating Grease portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Lubricating Grease market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Lubricating Grease and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Lubricating Grease.
The global Lubricating Grease market size is projected to grow from US$ 1966.2 million in 2022 to US$ 2270.1 million in 2029; it is expected to grow at a CAGR of 2270.1 from 2023 to 2029.
According to types, the proportion of Mineral Oil-based Grease sales in 2020 is about 88%, taking most Global Lubricating Grease Market Share. Lubricating Grease is widely used for Automotive, Agriculture/Off-highway Manufacturing, General Manufacturing and etc. The most proportion of Lubricating Grease is used for Automotive and the proportion is about 36% in 2020. Shell, Exxon Mobil, BP and Axel Christiernsson are the leaders of the industry, who take about 25% of the global production share.
This report presents a comprehensive overview, market shares, and growth opportunities of Lubricating Grease market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Mineral Oil-based Grease
Synthetic and Semisynthetic Oil-based Grease
Environment-friendly Grease
Segmentation by application
Automotive
Agriculture/Off-highway Manufacturing
General Manufacturing
Steel
Mining
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Shell
Exxon Mobil
BP
Total Lubricants
Axel Christiernsson
Chevron
FUCHS
LUKOIL
SKF
JX Nippon Oil & Energy Corporation
Petro-Canada
Indian Oil Corporation
Quaker Chemical
Southwestern Petroleum Corporation
Klüber
DuPont
AP Oil
Sinopec
CNPC
CNOOC
GS
Key Questions Addressed in this Report
What is the 10-year outlook for the global Lubricating Grease market?
What factors are driving Lubricating Grease market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Lubricating Grease market opportunities vary by end market size?
How does Lubricating Grease break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.