Global Grease Market 2019-2023: Market Expected to Witness an Incremental Growth Close to USD264 - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Jan 4, 2019--The “Global Grease Market 2019-2023” report has been added to ResearchAndMarkets.com’s offering.
The grease market will witness an incremental growth close to USD264 million during 2019-2023.
The bio-based grease products are expected to gain traction in the grease market during the forecast period owing to their eco-friendly characteristics. These products have emerged as a reliable substitute to petroleum-based grease products.
Growing shipbuilding business
Marine industry being one of the key end-users of the market. The increase in the production of ships and growing repair and maintenance activities of old ships and boats will act as a driving factor for the growth of the global grease market.
Volatile oil prices
Crude oil prices have been fluctuating for the past many years and are likely to be volatile during the forecast period as well. The increase in price of base oil will also affect the price of grease which can negatively affect consumption.
The market appears to be fragmented and with the presence of several companies. Factors such as bio-based grease products have emerged as a reliable alternative to petroleum-based grease products. The strong preference for the development of bio-based greases in developed economies such as Canada, the US, and Germany, is attributable to their eco-friendly properties. This will propel the growth opportunities for the market.
Key Topics Covered:
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: MARKET LANDSCAPE
PART 04: MARKET SIZINGMarket sizing 2018 Market size and forecast 2018-2023
PART 05: FIVE FORCES ANALYSIS
PART 06: MARKET SEGMENTATION BY END-USERComparison by end-user Automotive Construction and off-highway General manufacturing Steel Others Market opportunity by end-user
PART 07: CUSTOMER LANDSCAPE
PART 08: GEOGRAPHIC LANDSCAPEGeographic comparison Key leading countries Market opportunity
PART 09: DECISION FRAMEWORK
PART 10: DRIVERS AND CHALLENGES
PART 11: MARKET TRENDSRising popularity of bio-based grease New plants in grease market Increasing consumption of motor oil
PART 12: VENDOR LANDSCAPELandscape disruption Competitive scenario
PART 13: VENDOR ANALYSISVendors covered Vendor classification Market positioning of vendors Chevron Corporation China Petroleum & Chemical Corporation DowDuPont Exxon Mobil Corporation Shell International Total
For more information about this report visit https://www.researchandmarkets.com/research/p95lbp/global_grease?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20190104005281/en/
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Related Topics:Lubricants and Greases
INDUSTRY KEYWORD: ENERGY OIL/GAS MANUFACTURING CHEMICALS/PLASTICS
SOURCE: Research and Markets
Copyright Business Wire 2019.
PUB: 01/04/2019 08:43 AM/DISC: 01/04/2019 08:43 AM