Market Growth Has Experienced a Change of 1.09% YoY in 2020
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The grease market is forecasted to grow by USD 1.27 bn during 2023-2028, accelerating at a CAGR of 3.77% during the forecast period. The report on the grease market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by a growing shipbuilding business, an increase in rail trading and logistics activities, and a growing automotive industry in APAC.
The grease market is segmented as below:
By End-user
- Automotive
- Construction and off-highway
- Metal production
- General manufacturing
- Power generation and others
By Source
- Mineral oil
- Synthetic oil
- Bio-based oil
By Geographical Landscape
- APAC
- North America
- Europe
- Middle East and Africa
- South America
The report on the grease market covers the following areas:
- Grease market sizing
- Grease market forecast
- Grease market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by End-user
7 Market Segmentation by Source
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
List of Exhibits
Executive Summary
The publisher recognizes the following companies as the key players in the global grease market: Balmer Lawrie and Co. Ltd., Berkshire Hathaway Inc., BP Plc, Chevron Corp., DuPont de Nemours Inc., ENEOS Holdings Inc., Exxon Mobil Corp., Freudenberg and Co. KG, FUCHS PETROLUB SE, Indian Oil Corp. Ltd., MOL Group, Morris Lubricants, Normet Group Oy, PJSC LUKOIL, Shell plc, Sinopec Shanghai Petrochemical Co. Ltd., Sintek Group JSC, SK Innovation Co. Ltd., SKF, and TotalEnergies SE.Commenting on the report, an analyst from the research team said: 'The latest trend gaining momentum in the market is the inauguration of new plants for grease production.'
According to the report, one of the major drivers for this market is the growing shipbuilding business.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Balmer Lawrie and Co. Ltd.
- Berkshire Hathaway Inc.
- BP Plc
- Chevron Corp.
- DuPont de Nemours Inc.
- ENEOS Holdings Inc.
- Exxon Mobil Corp.
- Freudenberg and Co. KG
- FUCHS PETROLUB SE
- Indian Oil Corp. Ltd.
- MOL Group
- Morris Lubricants
- Normet Group Oy
- PJSC LUKOIL
- Shell plc
- Sinopec Shanghai Petrochemical Co. Ltd.
- Sintek Group JSC
- SK Innovation Co. Ltd.
- SKF
- TotalEnergies SE