Grease Market Analysis APAC, North America, Europe, Middle East and Africa, South America - US, China, India, Japan, Germany - Size and Forecast 2024-2028
| Published: Mar 2024 | Pages: 189 | SKU: IRTNTR46456 |
Grease Market Size 2024-2028
The grease market size is forecast to increase by USD 1.27 billion at a CAGR of 3.77% between 2023 and 2028. The market's growth is influenced by various factors, notably the expansion of the shipbuilding sector, the rising prominence of rail trading and logistics operations, and the flourishing automotive industry in the Asia-Pacific (APAC) region. These factors collectively contribute to the increased demand for transportation and infrastructure development, driving growth opportunities in related sectors. The shipbuilding business's growth reflects increased maritime trade activities, while rail trading and logistics activities signify the region's connectivity and trade facilitation efforts. Additionally, the booming automotive industry underscores the region's manufacturing capabilities and consumer demand, further bolstering economic growth and market expansion prospects in APAC. It also includes an in-depth analysis of drivers, trends, and challenges. Our report examines historical data from 2018-2022, besides analyzing the current market scenario.
What will be the Industry Size during the Market Forecast Period?
Market Definition
Grease is a thick and oily lubricant consisting of base oil, thickener, and additives in the composition; it is used to provide lubrication to moving surfaces; prevent leakage; and protect equipment, machinery, or end-user applications from corrosive contaminants and foreign materials.
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Market Dynamics
The market is witnessing significant growth driven by factors like process automation in various industries, including the automotive sector. The rise of the E-commerce industry has also contributed to increased demand for polyurea grease and lithium grease. However, challenges such as the Lithium supply shortage impact the availability of greases for EV batteries. To address these challenges, grease manufacturing companies are adopting digital market techniques and online campaigns to reach manufacturers, sellers, and distributors in the value chain. The Synthetic oil segment is gaining traction due to its superior qualities over mineral oil, with Metallic soap being a common thickener type, offering a wide operational temperature range and oxidative stability. Our researchers analyzed the market research and growth data with 2023 as the base year, along with the key market growth analysis, trends, and challenges. A holistic analysis of drivers, trends, and challenges will help companies refine their marketing strategies to gain a competitive advantage.
Key Driver
An increase in rail trading and logistics activities is the key factor driving the market. Rail transport is an essential mode of transportation and an essential element of the world economy. Rail transportation is a cost-effective way of transporting people, raw materials, and goods around the world. In 2023, APAC was the most important geographical location for rail passenger transport in the world. The world's railway network is around 1.3 million route-kilometers worldwide. The US has the longest railroad network in the world, followed by Russia, China, India, Canada, Germany, and France. Switzerland and Japan were both ranked number one for the highest-quality infrastructure for railroads in 2023.
Moreover, APAC accounts for the largest rail passenger traffic globally. APAC accounts for the largest rail passenger traffic globally, which has contributed to the growing demand for passenger trains and accelerated the consumption of grease in the rail industry in the region. Similarly, the increase in goods transported by rail reflects the growth of local economic activities. Thus, such activities increase the demand for grease, which, in turn, will fuel the growth of the market during the forecast period.
Significant Trends
Inauguration of new plants for grease production is the primary market trend. Market players are investing in new plants and capacity expansions to fulfill the demand for grease in diverse applications. For instance, in October 2023, the Sintec group undertook expansion of its grease plant in Russia, increasing the production capacity by 12,000 metric tons per year for metallurgy, mining, and agricultural sectors.
Also, in December 2020, Shell started construction of its largest grease manufacturing plant across the world (by volume) at a groundbreaking ceremony in Zhuhai, Guangdong Province, China. The plant is a new addition to Shell's lubricants manufacturing complex at Zhuhai. Therefore, increasing investment in new plants by companies is expected to have a positive impact on the growth of the market trends during the forecast period.
Major Challenge
Fluctuations in oil prices are a major challenge that affects market expansion. Crude oil prices have been fluctuating for the past many years and are likely to be volatile during the forecast period as well. Crude oil prices are affected by currency fluctuations. For example, the price of crude oil in April 2020 dipped to an average price of USD 21.04 per barrel. In November 2021, the price of crude oil reached a record all-time high of USD 82.06 per barrel. Moreover, due to the Russia-Ukraine war in February 2022, the price of crude oil increased exponentially and settled at USD 105.08 per barrel.
Moreover, fluctuations in crude oil prices negatively affect the grease price as these polymers are directly mixed into the base oil. If the price of base oil increases, the price of grease will also rise and can negatively affect consumption. Therefore, the fluctuations in oil prices may hamper the growth of the market during the forecast period.
Market Segmentation
The market is influenced by various factors, including process automation that streamlines production and distribution, particularly in the automotive and E-commerce industries. Different types of greases, such as polyurea grease and lithium grease, are utilized based on specific application requirements. The choice of base oil and regreasing intervals are critical considerations, especially in light of challenges like the Lithium supply shortage impacting the availability of EVs and their lithium batteries. The automotive sector remains a key driver, with EV batteries gaining traction in the mainstream market. In the E-commerce industry, the role of internet platforms cannot be understated, connecting manufacturers, sellers, shops, dealers, and distributors along the value chain. However, margins can be affected by various factors, including competition among grease manufacturing companies and the use of digital market techniques like online campaigns.
End-user Analysis
The market share by the automotive segment will be significant during the forecast years. Automotive grease finds application in the various sub-segments of the segment. The commercial vehicles passenger vehicles, aerospace, and commercial vehicles mainly include heavy-duty vehicles such as trucks, coaches, loaders, and containers. A significant amount is consumed in commercial vehicles as it provides excellent shear stability. High shear stability ensures the high performance of engine oils and protects engines from wear and tear.
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The automotive segment accounted for USD 2.13 billion in 2018. In passenger vehicles, automotive grease ensures high fuel economy and reduces emissions, friction, and the probability of damage caused by wear and tear. As a result, ensures the proper functioning of the engine component. In passenger vehicles, the effectiveness depends on the lubricant formulation, engine design, and operating conditions. Market players such as Bp Plc. and Chevron Corporation offer automotive disease fuel for passenger vehicles and commercial vehicles. Such uses in the automotive industry are mainly formulated with three grease components: base oil, thickener, and additives. Thus, such factors in the automotive segment will drive the growth of the market during the forecast period.
Source Analysis
Mineral oil offers superior cost-effectiveness, surface protection, and flexibility in a variety of applications, such as bearings grease, chains, gear, slides, and more. Some of the key attributes that are driving the growth of the mineral oil segment include its good fluidity, good electrical insulation properties, and non-corrosive nature. Additionally, mineral oil possesses some limitations, such as less reliability for usage in high-temperature applications such as welding, aircraft instruments, and anti-friction ball bearings., due to the relatively low melting points. Furthermore, leading companies, such as DuPont de Nemours Inc, ExxonMobil, and Shell plc, provide mineral oils to the market. Thus, such features and uses of the mineral oil segment will drive the growth of the market during the forecast period.
Region Analysis
APAC is estimated to contribute 57% to the growth of the global market during the projection period. Technavio's analysts have provided extensive insight into the market forecasting, detailing the regional trends and drivers influencing the market's trajectory throughout the projection period.
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In 2023, the APAC region dominated the market due to increased automobile production, notably in India and China. Major players like ExxonMobil are investing in the region; ExxonMobil allocated USD 110 million for a lubricant plant in Maharashtra, India. Infrastructure initiatives like China's One Road project and the Japan-Asian Development Bank's collaboration further drive the demand. Industrial applications in APAC utilize grease for various purposes. Emerging trends like bio-based and increased motor oil consumption bolster the global market. APAC's demand stems from the automotive industry's growth, particularly in China, India, and Japan, alongside other sectors like heavy engineering and steel manufacturing. China notably leads in consumption due to its robust industrial and automotive sectors. Hence, such factors are driving the market growth in APAC during the forecast period.
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Key Companies
Companies are implementing various market growth and forecasting strategies by analyzing factors such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product or service launches to enhance their presence in the market.
- BP Plc: The company offers grease, namely Mine Grease LM EP 680, for heavily loaded plain and anti friction bearings used in construction, earthmoving, and mining equipment.
The report also includes detailed analyses of the competitive landscape of the market and information about 15 market companies, including:
Balmer Lawrie and Co. Ltd., Berkshire Hathaway Inc., 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
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
Segment Overview
The market report predicts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2018 to 2028.
- End-user Outlook
- Automotive
- Construction and off-highway
- Metal production
- General manufacturing
- Power generation and others
- Source Outlook
- Mineral oil
- Synthetic oil
- Bio-based oil
- Region Outlook
- North America
- The U.S.
- Canada
- Europe
- The U.K.
- Germany
- France
- Rest of Europe
- APAC
- China
- India
- South America
- Chile
- Brazil
- Argentina
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of the Middle East & Africa
- North America
Market Analyst Overview:
The market is undergoing a significant transformation driven by technological advancements and process automation. With the rise of the e-commerce industry, manufacturers and sellers are employing digital market techniques to enhance customer reach. In the automotive sector, Polyurea grease and lithium grease are gaining traction due to their superior qualities and operational temperature range, particularly in EV batteries for the burgeoning electric vehicle industry. However, the lithium supply shortage poses challenges, impacting trade volumes and margins along the value chain. Despite this, developing countries are becoming significant end-use industries, especially in transportation and industrial processing.
Moreover, to adapt, grease manufacturing companies are investing in online campaigns and internet platforms to reach OEMs and RMOs directly. As environmental regulations tighten, product innovations like synthetic oil segments are gaining ground, catering to mainstream markets while addressing supply chain disruptions. From steel mills to wind power and aerospace industries, the grease market's evolution is reshaping commercial fleets, air travel, and beyond, bridging the gap between developed markets and emerging markets.
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Grease Market Scope |
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Report Coverage |
Details |
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Page number |
189 |
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Base year |
2023 |
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Historic period |
2018-2022 |
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Forecast period |
2024-2028 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 3.77% |
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Market Growth 2024-2028 |
USD 1.27 billion |
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Market structure |
Fragmented |
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YoY growth 2023-2024(%) |
3.43 |
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Regional analysis |
APAC, North America, Europe, Middle East and Africa, and South America |
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Performing market contribution |
APAC at 57% |
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Key countries |
US, China, India, Japan, and Germany |
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Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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Key companies profiled |
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 |
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Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period. |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
What are the Key Data Covered in this Market Research Report?
- CAGR of the market forecast during the forecast period
- Detailed information on factors that will drive the growth of the market between 2024 and 2028
- Precise estimation of the market size and its contribution to the market in focus on the parent market
- Accurate predictions about upcoming trends and changes in consumer behavior
- Growth of the market across APAC, North America, Europe, Middle East and Africa, and South America
- Thorough market analysis and report of the market’s competitive landscape and detailed information about companies
- Comprehensive analysis of factors that will challenge the growth of market companies
We can help! Our analysts can customize this market research report to meet your requirements. Get in touch
1 Executive Summary
- 1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
- Exhibit 06: Executive Summary – Chart on Market Segmentation by Source
- Exhibit 07: Executive Summary – Chart on Incremental Growth
- Exhibit 08: Executive Summary – Data Table on Incremental Growth
- Exhibit 09: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 10: Parent market
- Exhibit 11: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 12: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 13: Market segments
- 3.3 Market size 2023
- 3.4 Market outlook: Forecast for 2023-2028
- Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ billion)
- Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ billion)
- Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
- Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
- 4.1 Global grease market 2018 - 2022
- Exhibit 18: Historic Market Size – Data Table on global grease market 2018 - 2022 ($ billion)
- 4.2 End-user Segment Analysis 2018 - 2022
- Exhibit 19: Historic Market Size – End-user Segment 2018 - 2022 ($ billion)
- 4.3 Source Segment Analysis 2018 - 2022
- Exhibit 20: Historic Market Size – Source Segment 2018 - 2022 ($ billion)
- 4.4 Geography Segment Analysis 2018 - 2022
- Exhibit 21: Historic Market Size – Geography Segment 2018 - 2022 ($ billion)
- 4.5 Country Segment Analysis 2018 - 2022
- Exhibit 22: Historic Market Size – Country Segment 2018 - 2022 ($ billion)
5 Five Forces Analysis
- 5.1 Five forces summary
- Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
- 5.2 Bargaining power of buyers
- Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028
- 5.3 Bargaining power of suppliers
- Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2023 and 2028
- 5.4 Threat of new entrants
- Exhibit 26: Threat of new entrants – Impact of key factors in 2023 and 2028
- 5.5 Threat of substitutes
- Exhibit 27: Threat of substitutes – Impact of key factors in 2023 and 2028
- 5.6 Threat of rivalry
- Exhibit 28: Threat of rivalry – Impact of key factors in 2023 and 2028
- 5.7 Market condition
- Exhibit 29: Chart on Market condition - Five forces 2023 and 2028
6 Market Segmentation by End-user
- 6.1 Market segments
- Exhibit 30: Chart on End-user - Market share 2023-2028 (%)
- Exhibit 31: Data Table on End-user - Market share 2023-2028 (%)
- 6.2 Comparison by End-user
- Exhibit 32: Chart on Comparison by End-user
- Exhibit 33: Data Table on Comparison by End-user
- 6.3 Automotive - Market size and forecast 2023-2028
- Exhibit 34: Chart on Automotive - Market size and forecast 2023-2028 ($ billion)
- Exhibit 35: Data Table on Automotive - Market size and forecast 2023-2028 ($ billion)
- Exhibit 36: Chart on Automotive - Year-over-year growth 2023-2028 (%)
- Exhibit 37: Data Table on Automotive - Year-over-year growth 2023-2028 (%)
- 6.4 Construction and off-highway - Market size and forecast 2023-2028
- Exhibit 38: Chart on Construction and off-highway - Market size and forecast 2023-2028 ($ billion)
- Exhibit 39: Data Table on Construction and off-highway - Market size and forecast 2023-2028 ($ billion)
- Exhibit 40: Chart on Construction and off-highway - Year-over-year growth 2023-2028 (%)
- Exhibit 41: Data Table on Construction and off-highway - Year-over-year growth 2023-2028 (%)
- 6.5 Metal production - Market size and forecast 2023-2028
- Exhibit 42: Chart on Metal production - Market size and forecast 2023-2028 ($ billion)
- Exhibit 43: Data Table on Metal production - Market size and forecast 2023-2028 ($ billion)
- Exhibit 44: Chart on Metal production - Year-over-year growth 2023-2028 (%)
- Exhibit 45: Data Table on Metal production - Year-over-year growth 2023-2028 (%)
- 6.6 General manufacturing - Market size and forecast 2023-2028
- Exhibit 46: Chart on General manufacturing - Market size and forecast 2023-2028 ($ billion)
- Exhibit 47: Data Table on General manufacturing - Market size and forecast 2023-2028 ($ billion)
- Exhibit 48: Chart on General manufacturing - Year-over-year growth 2023-2028 (%)
- Exhibit 49: Data Table on General manufacturing - Year-over-year growth 2023-2028 (%)
- 6.7 Power generation and others - Market size and forecast 2023-2028
- Exhibit 50: Chart on Power generation and others - Market size and forecast 2023-2028 ($ billion)
- Exhibit 51: Data Table on Power generation and others - Market size and forecast 2023-2028 ($ billion)
- Exhibit 52: Chart on Power generation and others - Year-over-year growth 2023-2028 (%)
- Exhibit 53: Data Table on Power generation and others - Year-over-year growth 2023-2028 (%)
- 6.8 Market opportunity by End-user
- Exhibit 54: Market opportunity by End-user ($ billion)
- Exhibit 55: Data Table on Market opportunity by End-user ($ billion)
7 Market Segmentation by Source
- 7.1 Market segments
- Exhibit 56: Chart on Source - Market share 2023-2028 (%)
- Exhibit 57: Data Table on Source - Market share 2023-2028 (%)
- 7.2 Comparison by Source
- Exhibit 58: Chart on Comparison by Source
- Exhibit 59: Data Table on Comparison by Source
- 7.3 Mineral oil - Market size and forecast 2023-2028
- Exhibit 60: Chart on Mineral oil - Market size and forecast 2023-2028 ($ billion)
- Exhibit 61: Data Table on Mineral oil - Market size and forecast 2023-2028 ($ billion)
- Exhibit 62: Chart on Mineral oil - Year-over-year growth 2023-2028 (%)
- Exhibit 63: Data Table on Mineral oil - Year-over-year growth 2023-2028 (%)
- 7.4 Synthetic oil - Market size and forecast 2023-2028
- Exhibit 64: Chart on Synthetic oil - Market size and forecast 2023-2028 ($ billion)
- Exhibit 65: Data Table on Synthetic oil - Market size and forecast 2023-2028 ($ billion)
- Exhibit 66: Chart on Synthetic oil - Year-over-year growth 2023-2028 (%)
- Exhibit 67: Data Table on Synthetic oil - Year-over-year growth 2023-2028 (%)
- 7.5 Bio-based oil - Market size and forecast 2023-2028
- Exhibit 68: Chart on Bio-based oil - Market size and forecast 2023-2028 ($ billion)
- Exhibit 69: Data Table on Bio-based oil - Market size and forecast 2023-2028 ($ billion)
- Exhibit 70: Chart on Bio-based oil - Year-over-year growth 2023-2028 (%)
- Exhibit 71: Data Table on Bio-based oil - Year-over-year growth 2023-2028 (%)
- 7.6 Market opportunity by Source
- Exhibit 72: Market opportunity by Source ($ billion)
- Exhibit 73: Data Table on Market opportunity by Source ($ billion)
8 Customer Landscape
- 8.1 Customer landscape overview
- Exhibit 74: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
- 9.1 Geographic segmentation
- Exhibit 75: Chart on Market share by geography 2023-2028 (%)
- Exhibit 76: Data Table on Market share by geography 2023-2028 (%)
- 9.2 Geographic comparison
- Exhibit 77: Chart on Geographic comparison
- Exhibit 78: Data Table on Geographic comparison
- 9.3 APAC - Market size and forecast 2023-2028
- Exhibit 79: Chart on APAC - Market size and forecast 2023-2028 ($ billion)
- Exhibit 80: Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
- Exhibit 81: Chart on APAC - Year-over-year growth 2023-2028 (%)
- Exhibit 82: Data Table on APAC - Year-over-year growth 2023-2028 (%)
- 9.4 North America - Market size and forecast 2023-2028
- Exhibit 83: Chart on North America - Market size and forecast 2023-2028 ($ billion)
- Exhibit 84: Data Table on North America - Market size and forecast 2023-2028 ($ billion)
- Exhibit 85: Chart on North America - Year-over-year growth 2023-2028 (%)
- Exhibit 86: Data Table on North America - Year-over-year growth 2023-2028 (%)
- 9.5 Europe - Market size and forecast 2023-2028
- Exhibit 87: Chart on Europe - Market size and forecast 2023-2028 ($ billion)
- Exhibit 88: Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
- Exhibit 89: Chart on Europe - Year-over-year growth 2023-2028 (%)
- Exhibit 90: Data Table on Europe - Year-over-year growth 2023-2028 (%)
- 9.6 Middle East and Africa - Market size and forecast 2023-2028
- Exhibit 91: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
- Exhibit 92: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
- Exhibit 93: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- Exhibit 94: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- 9.7 South America - Market size and forecast 2023-2028
- Exhibit 95: Chart on South America - Market size and forecast 2023-2028 ($ billion)
- Exhibit 96: Data Table on South America - Market size and forecast 2023-2028 ($ billion)
- Exhibit 97: Chart on South America - Year-over-year growth 2023-2028 (%)
- Exhibit 98: Data Table on South America - Year-over-year growth 2023-2028 (%)
- 9.8 China - Market size and forecast 2023-2028
- Exhibit 99: Chart on China - Market size and forecast 2023-2028 ($ billion)
- Exhibit 100: Data Table on China - Market size and forecast 2023-2028 ($ billion)
- Exhibit 101: Chart on China - Year-over-year growth 2023-2028 (%)
- Exhibit 102: Data Table on China - Year-over-year growth 2023-2028 (%)
- 9.9 US - Market size and forecast 2023-2028
- Exhibit 103: Chart on US - Market size and forecast 2023-2028 ($ billion)
- Exhibit 104: Data Table on US - Market size and forecast 2023-2028 ($ billion)
- Exhibit 105: Chart on US - Year-over-year growth 2023-2028 (%)
- Exhibit 106: Data Table on US - Year-over-year growth 2023-2028 (%)
- 9.10 India - Market size and forecast 2023-2028
- Exhibit 107: Chart on India - Market size and forecast 2023-2028 ($ billion)
- Exhibit 108: Data Table on India - Market size and forecast 2023-2028 ($ billion)
- Exhibit 109: Chart on India - Year-over-year growth 2023-2028 (%)
- Exhibit 110: Data Table on India - Year-over-year growth 2023-2028 (%)
- 9.11 Japan - Market size and forecast 2023-2028
- Exhibit 111: Chart on Japan - Market size and forecast 2023-2028 ($ billion)
- Exhibit 112: Data Table on Japan - Market size and forecast 2023-2028 ($ billion)
- Exhibit 113: Chart on Japan - Year-over-year growth 2023-2028 (%)
- Exhibit 114: Data Table on Japan - Year-over-year growth 2023-2028 (%)
- 9.12 Germany - Market size and forecast 2023-2028
- Exhibit 115: Chart on Germany - Market size and forecast 2023-2028 ($ billion)
- Exhibit 116: Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
- Exhibit 117: Chart on Germany - Year-over-year growth 2023-2028 (%)
- Exhibit 118: Data Table on Germany - Year-over-year growth 2023-2028 (%)
- 9.13 Market opportunity by geography
- Exhibit 119: Market opportunity by geography ($ billion)
- Exhibit 120: Data Tables on Market opportunity by geography ($ billion)
10 Drivers, Challenges, and Trends
- 10.1 Market drivers
- 10.2 Market challenges
- 10.3 Impact of drivers and challenges
- Exhibit 121: Impact of drivers and challenges in 2023 and 2028
- 10.4 Market trends
11 Vendor Landscape
- 11.1 Overview
- 11.2 Vendor landscape
- Exhibit 122: Overview on Criticality of inputs and Factors of differentiation
- 11.3 Landscape disruption
- Exhibit 123: Overview on factors of disruption
- 11.4 Industry risks
- Exhibit 124: Impact of key risks on business
12 Vendor Analysis
- 12.1 Vendors covered
- Exhibit 125: Vendors covered
- 12.2 Market positioning of vendors
- Exhibit 126: Matrix on vendor position and classification
- 12.3 BP Plc
- Exhibit 127: BP Plc - Overview
- Exhibit 128: BP Plc - Business segments
- Exhibit 129: BP Plc - Key news
- Exhibit 130: BP Plc - Key offerings
- Exhibit 131: BP Plc - Segment focus
- 12.4 Chevron Corp.
- Exhibit 132: Chevron Corp. - Overview
- Exhibit 133: Chevron Corp. - Business segments
- Exhibit 134: Chevron Corp. - Key offerings
- Exhibit 135: Chevron Corp. - Segment focus
- 12.5 DuPont de Nemours Inc.
- Exhibit 136: DuPont de Nemours Inc. - Overview
- Exhibit 137: DuPont de Nemours Inc. - Business segments
- Exhibit 138: DuPont de Nemours Inc. - Key news
- Exhibit 139: DuPont de Nemours Inc. - Key offerings
- Exhibit 140: DuPont de Nemours Inc. - Segment focus
- 12.6 ENEOS Holdings Inc.
- Exhibit 141: ENEOS Holdings Inc. - Overview
- Exhibit 142: ENEOS Holdings Inc. - Product / Service
- Exhibit 143: ENEOS Holdings Inc. - Key offerings
- 12.7 Exxon Mobil Corp.
- Exhibit 144: Exxon Mobil Corp. - Overview
- Exhibit 145: Exxon Mobil Corp. - Business segments
- Exhibit 146: Exxon Mobil Corp. - Key news
- Exhibit 147: Exxon Mobil Corp. - Key offerings
- Exhibit 148: Exxon Mobil Corp. - Segment focus
- 12.8 Freudenberg and Co. KG
- Exhibit 149: Freudenberg and Co. KG - Overview
- Exhibit 150: Freudenberg and Co. KG - Business segments
- Exhibit 151: Freudenberg and Co. KG - Key news
- Exhibit 152: Freudenberg and Co. KG - Key offerings
- Exhibit 153: Freudenberg and Co. KG - Segment focus
- 12.9 FUCHS PETROLUB SE
- Exhibit 154: FUCHS PETROLUB SE - Overview
- Exhibit 155: FUCHS PETROLUB SE - Business segments
- Exhibit 156: FUCHS PETROLUB SE - Key news
- Exhibit 157: FUCHS PETROLUB SE - Key offerings
- Exhibit 158: FUCHS PETROLUB SE - Segment focus
- 12.10 MOL Group
- Exhibit 159: MOL Group - Overview
- Exhibit 160: MOL Group - Business segments
- Exhibit 161: MOL Group - Key offerings
- Exhibit 162: MOL Group - Segment focus
- 12.11 Morris Lubricants
- Exhibit 163: Morris Lubricants - Overview
- Exhibit 164: Morris Lubricants - Product / Service
- Exhibit 165: Morris Lubricants - Key offerings
- 12.12 Normet Group Oy
- Exhibit 166: Normet Group Oy - Overview
- Exhibit 167: Normet Group Oy - Product / Service
- Exhibit 168: Normet Group Oy - Key news
- Exhibit 169: Normet Group Oy - Key offerings
- 12.13 Shell plc
- Exhibit 170: Shell plc - Overview
- Exhibit 171: Shell plc - Business segments
- Exhibit 172: Shell plc - Key news
- Exhibit 173: Shell plc - Key offerings
- Exhibit 174: Shell plc - Segment focus
- 12.14 Sinopec Shanghai Petrochemical Co. Ltd.
- Exhibit 175: Sinopec Shanghai Petrochemical Co. Ltd. - Overview
- Exhibit 176: Sinopec Shanghai Petrochemical Co. Ltd. - Business segments
- Exhibit 177: Sinopec Shanghai Petrochemical Co. Ltd. - Key news
- Exhibit 178: Sinopec Shanghai Petrochemical Co. Ltd. - Key offerings
- Exhibit 179: Sinopec Shanghai Petrochemical Co. Ltd. - Segment focus
- 12.15 Sintek Group JSC
- Exhibit 180: Sintek Group JSC - Overview
- Exhibit 181: Sintek Group JSC - Product / Service
- Exhibit 182: Sintek Group JSC - Key offerings
- 12.16 SKF
- Exhibit 183: SKF - Overview
- Exhibit 184: SKF - Business segments
- Exhibit 185: SKF - Key news
- Exhibit 186: SKF - Key offerings
- Exhibit 187: SKF - Segment focus
- 12.17 TotalEnergies SE
- Exhibit 188: TotalEnergies SE - Overview
- Exhibit 189: TotalEnergies SE - Business segments
- Exhibit 190: TotalEnergies SE - Key news
- Exhibit 191: TotalEnergies SE - Key offerings
- Exhibit 192: TotalEnergies SE - Segment focus
13 Appendix
- 13.1 Scope of the report
- 13.2 Inclusions and exclusions checklist
- Exhibit 193: Inclusions checklist
- Exhibit 194: Exclusions checklist
- 13.3 Currency conversion rates for US$
- Exhibit 195: Currency conversion rates for US$
- 13.4 Research methodology
- Exhibit 196: Research methodology
- Exhibit 197: Validation techniques employed for market sizing
- Exhibit 198: Information sources
- 13.5 List of abbreviations
- Exhibit 199: List of abbreviations
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
- Manufacturers and suppliers
- Channel partners
- Industry experts
- Strategic decision makers
Secondary sources
- Industry journals and periodicals
- Government data
- Financial reports of key industry players
- Historical data
- Press releases
DATA ANALYSIS
Data Synthesis
- Collation of data
- Estimation of key figures
- Analysis of derived insights
Data Validation
- Triangulation with data models
- Reference against proprietary databases
- Corroboration with industry experts
REPORT WRITING
Qualitative
- Market drivers
- Market challenges
- Market trends
- Five forces analysis
Quantitative
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
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grease market market
Key Questions Answered
- What are the key global market and the regional market share?
- What are the revenue-generating key market segments?
- What are the key factors driving and challenging this market’s growth?
- Who are the key market vendors and their growth strategies?
- What are the latest trends influencing the growth of this market?
- What are the variables influencing the market growth in the primary regions?
- What are the factors influencing the growth of the parent market?
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- Data on revenue-generating market segments
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