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Global Grease Market 2019-2023: Market Expected to Witness an Incremental Growth Close to USD264 - ResearchAndMarkets.com

January 4, 2019

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.

Market Overview

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.

Competitive Landscape

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 SIZING

Market sizing 2018 Market size and forecast 2018-2023

PART 05: FIVE FORCES ANALYSIS

PART 06: MARKET SEGMENTATION BY END-USER

Comparison by end-user Automotive Construction and off-highway General manufacturing Steel Others Market opportunity by end-user

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

Geographic comparison Key leading countries Market opportunity

PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES

PART 11: MARKET TRENDS

Rising popularity of bio-based grease New plants in grease market Increasing consumption of motor oil

PART 12: VENDOR LANDSCAPE

Landscape disruption Competitive scenario

PART 13: VENDOR ANALYSIS

Vendors 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

KEYWORD:

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

http://www.businesswire.com/news/home/20190104005281/en

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