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North America Grease Additives Market Forecast to 2028–Regional Analysis– Type (Oxidation Inhibitors, Corrosion Inhibitors, Anti-wear Agents, Pressure Additives, Metal Deactivators and Others), Application (Automotive, Aerospace, Marine, Mining, Steel Mil

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from $3,000 149 Pages The Insight Partners August, 2023 TIP18215825
Best Price Guarantee
Price from $3,000
Length 149 Pages
Publisher The Insight Partners
Published Date August, 2023
SKU TIP18215825

North America Grease Additives Market Forecast to 2028–Regional Analysis– Type (Oxidation Inhibitors, Corrosion Inhibitors, Anti-wear Agents, Pressure Additives, Metal Deactivators and Others), Application (Automotive, Aerospace, Marine, Mining, Steel Mill, Construction Machinery and Others)


The North America Grease Additives Market is expected to grow from US$ 88.27 million in 2022 to US$ 104.49 million by 2028. It is estimated to grow at a CAGR of 2.9% from 2022 to 2028.

Proliferation of Automotive Industry Fuel North America Grease Additives Market

Grease additives manufacturers worldwide invest significantly in strategic development initiatives such as product launches, mergers and acquisitions, and business expansion to attract consumers and enhance their product position. Local and international players are advancing and launching new products to cater to the rising demand for advanced grease additives. In November 2020, Evonik Industries AG selected Midcontinental Chemical Company, Inc (MCC) as its distribution partner in the US and Canada. With this partnership, MCC started offering superior-quality VISCOPLEX viscosity index improvers, VISCOPLEX pour point depressants, and VISCOBASE base fluids by Evonik as an integral part of its comprehensive portfolio. Further, key players in the North America Grease Additives Market are expanding their manufacturing plants to meet the growing demand for long-life lubricants. In January 2019, BASF SE announced an investment in Mexico and China to ramp up the production of antioxidants for lubricants. With this expansion, the company aims to cater to the burgeoning demand for antioxidants with the rising number of vehicles produced in Asia and the increasing demand for long-life lubricant additives. Thus, such strategic initiatives by key market players drive the growth of the North America Grease Additives Market.

North America Grease Additives Market Overview

The North America Grease Additives Market is highly competitive, with many manufacturers competing based on product quality and innovation. They have strong distribution networks and a well-established clientele of domestic and international manufacturers. Players compete based on product quality, pricing, and differentiation. They are adopting strategies such as R&D investments, partnerships, and expansions to stand out as strong competitors in the market. For instance, in November 2021, Evonik Additives announced the appointment of a new distributor in Greece. Thus, the impact of the threat of competitive rivalry in the North America Grease Additives Market is estimated to be high.

North America Grease Additives Market Revenue and Forecast to 2028 (US$ Million)

North America Grease Additives Market Segmentation

The North America Grease Additives Market is segmented into type, application, and country.

Based on type, the North America Grease Additives Market is segmented into oxidation inhibitors, corrosion inhibitors, anti-wear agents, pressure additives, metal deactivators, and others. The oxidation inhibitors segment held a larger share of the North America Grease Additives Market in 2022.

Based on application, the North America Grease Additives Market is segmented into automotive, aerospace, marine, mining, steel mill, construction machinery, and others. The automotive segment held the largest share of the North America Grease Additives Market in 2022.

Based on country, the North America Grease Additives Market is segmented into the US, Canada, and Mexico. The US dominated the share of the North America Grease Additives Market in 2022.

Key players dominating the North America Grease Additives Market are Afton Chemical Corp; BASF SE; Clariant AG; Croda International plc; Evonik Industries AG; Shamrock Technologies Inc; The Lubrizol Corp; RT Vanderbilt Holding Co Inc; Lanxess AG; and IPAC Inc.

Reasons to Buy

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Highlights key business priorities in order to assist companies to realign their business strategies.
The key findings and recommendations highlight crucial progressive industry trends in North America grease additives market, thereby allowing players across the value chain to develop effective long-term strategies.
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
Scrutinize in-depth North America market trends and outlook coupled with the factors driving the market, as well as those hindering it.
Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing and distribution


1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 North America Grease Additives Market, by Type
1.3.2 North America Grease Additives Market, by Application
1.3.3 North America Grease Additives Market, by Country
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis formulation:
3.2.4 Macro-economic factor analysis:
3.2.5 Developing base number:
3.2.6 Data Triangulation:
3.2.7 Country level data:
4. North America Grease Additives Market Landscape
4.1 Market Overview
4.1.1 Bargaining Power of Suppliers
4.1.2 Bargaining Power of Buyers
4.1.3 Threat of New Entrants
4.1.4 Competitive Rivalry
4.1.5 Threat of Substitutes
4.2 Ecosystem Analysis
4.2.1 Raw Materials
4.2.2 Manufacturing
4.2.3 Distributors/Suppliers
4.2.4 End-User Industries
4.3 List of Vendors
4.4 List of Grease Manufacturers and Suppliers
4.5 Calcium Sulphonate Grease Technology
4.6 Expert Opinions
5. North America Grease Additives Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Proliferation of Automotive Industry
5.1.2 Strategic Initiatives by Key Market Players
5.2 Market Restraint
5.2.1 Stringent Government Policies
5.3 Market Opportunity
5.3.1 Increase in Wind Turbine Installations
5.4 Future Trend
5.4.1 Burgeoning Demand for Synthetic Grease
5.5 Impact Analysis
6. Grease Additives – North America Market Analysis
6.1 North America Grease Additives Market –Revenue and Forecast to 2028 (US$ Million)
6.2 North America Grease Additives Market –Volume and Forecast to 2028 (Tons)
7. Grease Additives Market Analysis – By Type
7.1 Overview
7.2 Grease Additives Market, By Type (2021 and 2028)
7.3 Oxidation Inhibitors
7.3.1 Overview
7.3.2 Oxidation Inhibitors: Grease Additives Market – Volume and Forecast to 2028 (Tons)
7.3.3 Oxidation Inhibitors: Grease Additives Market – Revenue and Forecast to 2028 (US$ Million)
7.4 Corrosion Inhibitors
7.4.1 Overview
7.4.2 Corrosion Inhibitors: Grease Additives Market – Volume and Forecast to 2028 (Tons)
7.4.3 Corrosion Inhibitors: Grease Additives Market – Revenue and Forecast to 2028 (US$ Million)
7.5 Anti-wear Agents
7.5.1 Overview
7.5.2 Anti-wear Agents: Grease Additives Market – Volume and Forecast to 2028 (Tons)
7.5.3 Anti-wear Agents: Grease Additives Market – Revenue and Forecast to 2028 (US$ Million)
7.6 Pressure Additives
7.6.1 Overview
7.6.2 Pressure Additives: Grease Additives Market – Volume and Forecast to 2028 (Tons)
7.6.3 Pressure Additives: Grease Additives Market – Revenue and Forecast to 2028 (US$ Million)
7.7 Metal Deactivators
7.7.1 Overview
7.7.2 Metal Deactivators: Grease Additives Market – Volume and Forecast to 2028 (Tons)
7.7.3 Metal Deactivators: Grease Additives Market – Revenue and Forecast to 2028 (US$ Million)
7.8 Others
7.8.1 Overview
7.8.2 Others: Grease Additives Market – Volume and Forecast to 2028 (Tons)
7.8.3 Others: Grease Additives Market – Revenue and Forecast to 2028 (US$ Million)
8. North America Grease Additives Market Analysis – By Application
8.1 Overview
8.2 North America Grease Additives Market, By Application (2021 and 2028)
8.3 Automotive
8.3.1 Overview
8.3.2 Automotive: North America Grease Additives Market – Revenue and Forecast to 2028 (US$ Million)
8.4 Aerospace
8.4.1 Overview
8.4.2 Aerospace: North America Grease Additives Market – Revenue and Forecast to 2028 (US$ Million)
8.5 Marine
8.5.1 Overview
8.5.2 Marine: North America Grease Additives Market – Revenue and Forecast to 2028 (US$ Million)
8.6 Mining
8.6.1 Overview
8.6.2 Mining: North America Grease Additives Market – Revenue and Forecast to 2028 (US$ Million)
8.7 Steel Mill
8.7.1 Overview
8.7.2 Steel Mill: North America Grease Additives Market – Revenue and Forecast to 2028 (US$ Million)
8.8 Construction Machinery
8.8.1 Overview
8.8.2 Construction Machinery: North America Grease Additives Market – Revenue and Forecast to 2028 (US$ Million)
8.9 Others
8.9.1 Overview
8.9.2 Others: North America Grease Additives Market – Revenue and Forecast to 2028 (US$ Million)
9. North America Grease Additives Market – Country Analysis
9.1 North America Grease Additives Market
9.1.1 North America Grease Additives Market, by Key Country-Revenue (2022) (US$ Million)
9.1.2 North America Grease Additives Market, by Key Country
9.1.2.1 US: North America Grease Additives Market –Revenue and Forecast to 2028 (US$ Million)
9.1.2.2 US: North America Grease Additives Market –Volume and Forecast to 2028 (Tons)
9.1.2.2.1 US: North America Grease Additives Market, by Type
9.1.2.2.2 US: North America Grease Additives Market, by Type
9.1.2.2.3 US: North America Grease Additives Market, by Application
9.1.2.3 Canada: North America Grease Additives Market–Revenue and Forecast to 2028 (US$ Million)
9.1.2.4 Canada: North America Grease Additives Market–Volume and Forecast to 2028 (Tons)
9.1.2.4.1 Canada: North America Grease Additives Market, by Type
9.1.2.4.2 Canada: North America Grease Additives Market, by Type
9.1.2.4.3 Canada: North America Grease Additives Market, by Application
9.1.2.5 Mexico: North America Grease Additives Market–Revenue and Forecast to 2028 (US$ Million)
9.1.2.6 Mexico: North America Grease Additives Market–Volume and Forecast to 2028 (Tons)
9.1.2.6.1 Mexico: North America Grease Additives Market, by Type
9.1.2.6.2 Mexico: North America Grease Additives Market, by Type
9.1.2.6.3 Mexico: North America Grease Additives Market, by Application
10. Industry Landscape
10.1 Overview
10.2 Expansion
10.3 New Product Development
10.4 Partnerships
11. Company Profiles
11.1 Afton Chemical Corp
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.1.6 Key Developments
11.2 BASF SE
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.2.6 Key Developments
11.3 Clariant AG
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products and Services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.3.6 Key Developments
11.4 Croda International plc
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products and Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.4.6 Key Developments
11.5 Evonik Industries AG
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Products and Services
11.5.4 Financial Overview
11.5.5 SWOT Analysis
11.5.6 Key Developments
11.6 Shamrock Technologies Inc
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Products and Services
11.6.4 Financial Overview
11.6.5 SWOT Analysis
11.6.6 Key Developments
11.7 The Lubrizol Corp
11.7.1 Key Facts
11.7.2 Business Description
11.7.3 Products and Services
11.7.4 Financial Overview
11.7.5 SWOT Analysis
11.7.6 Key Developments
11.8 RT Vanderbilt Holding Co Inc
11.8.1 Key Facts
11.8.2 Business Description
11.8.3 Products and Services
11.8.4 Financial Overview
11.8.5 SWOT Analysis
11.8.6 Key Developments
11.9 Lanxess AG
11.9.1 Key Facts
11.9.2 Business Description
11.9.3 Products and Services
11.9.4 Financial Overview
11.9.5 SWOT Analysis
11.9.6 Key Developments
11.10 IPAC Inc
11.10.1 Key Facts
11.10.2 Business Description
11.10.3 Products and Services
11.10.4 Financial Overview
11.10.5 SWOT Analysis
11.10.6 Key Developments
12. Appendix
12.1 About the Insight Partners
12.2 Glossary of Terms
LIST OF TABLES
Table 1. North America Grease Additives Market –Revenue and Forecast to 2028 (US$ Million)
Table 2. North America Grease Additives Market –Volume and Forecast to 2028 (Tons)
Table 3. US North America Grease Additives Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 4. US: North America Grease Additives Market, by Type – Volume and Forecast to 2028 (Tons)
Table 5. US: North America Grease Additives Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 6. Canada: North America Grease Additives Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 7. Canada: North America Grease Additives Market, by Type – Volume and Forecast to 2028 (Tons)
Table 8. Canada: North America Grease Additives Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 9. Mexico: North America Grease Additives Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 10. Mexico: North America Grease Additives Market, by Type – Volume and Forecast to 2028 (Tons)
Table 11. Mexico: North America Grease Additives Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 12. Glossary of Terms, North America Grease Additives Market
LIST OF FIGURES
Figure 1. North America Grease Additives Market Segmentation
Figure 2. North America Grease Additives Market Segmentation – By Country
Figure 3. North America Grease Additives Market Overview
Figure 4. North America Grease Additives Market, By Type
Figure 5. North America Grease Additives Market, by Country
Figure 6. Porter's Five Forces Analysis
Figure 7. Ecosystem Analysis: North America Grease Additives Market
Figure 8. Expert Opinions
Figure 9. North America Grease Additives Market Impact Analysis of Drivers and Restraints
Figure 10. North America Grease Additives Market – Revenue and Forecast to 2028 (US$ Million)
Figure 11. North America Grease Additives Market – Volume and Forecast to 2028 (Tons)
Figure 12. Grease Additives Market Revenue Share, By Type (2021 and 2028)
Figure 13. Oxidation Inhibitors: Grease Additives Market – Volume and Forecast To 2028 (Tons)
Figure 14. Oxidation Inhibitors: Grease Additives Market – Revenue and Forecast To 2028 (US$ Million)
Figure 15. Corrosion Inhibitors: Grease Additives Market – Volume and Forecast To 2028 (Tons)
Figure 16. Corrosion Inhibitors: Grease Additives Market – Revenue and Forecast To 2028 (US$ Million)
Figure 17. Anti-wear Agents: Grease Additives Market – Volume and Forecast To 2028 (Tons)
Figure 18. Anti-wear Agents: Grease Additives Market – Revenue and Forecast To 2028 (US$ Million)
Figure 19. Pressure Additives: Grease Additives Market – Volume and Forecast To 2028 (Tons)
Figure 20. Pressure Additives: Grease Additives Market – Revenue and Forecast To 2028 (US$ Million)
Figure 21. Metal Deactivators: Grease Additives Market – Volume and Forecast To 2028 (Tons)
Figure 22. Metal Deactivators: Grease Additives Market – Revenue and Forecast To 2028 (US$ Million)
Figure 23. Others: Grease Additives Market – Volume and Forecast To 2028 (Tons)
Figure 24. Others: Grease Additives Market – Revenue and Forecast To 2028 (US$ Million)
Figure 25. North America Grease Additives Market Revenue Share, By Application (2021 and 2028)
Figure 26. Automotive: North America Grease Additives Market – Revenue and Forecast To 2028 (US$ Million)
Figure 27. Aerospace: North America Grease Additives Market – Revenue and Forecast To 2028 (US$ Million)
Figure 28. Marine: North America Grease Additives Market – Revenue and Forecast To 2028 (US$ Million)
Figure 29. Mining: North America Grease Additives Market – Revenue and Forecast To 2028 (US$ Million)
Figure 30. Steel Mill: North America Grease Additives Market – Revenue and Forecast To 2028 (US$ Million)
Figure 31. Construction Machinery: North America Grease Additives Market – Revenue and Forecast To 2028 (US$ Million)
Figure 32. Others: North America Grease Additives Market – Revenue and Forecast To 2028 (US$ Million)
Figure 33. North America Grease Additives Market Revenue Share, by Key Country (2021 and 2028)
Figure 34. US: North America Grease Additives Market –Revenue and Forecast to 2028 (US$ Million)
Figure 35. US: North America Grease Additives Market –Volume and Forecast to 2028 (Tons)
Figure 36. Canada: North America Grease Additives Market–Revenue and Forecast to 2028 (US$ Million)
Figure 37. Canada: North America Grease Additives Market–Volume and Forecast to 2028 (Tons)
Figure 38. Mexico: North America Grease Additives Market–Revenue and Forecast to 2028 (US$ Million)
Figure 39. Mexico: North America Grease Additives Market–Volume and Forecast to 2028 (Tons)

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