
Global Grease Additives Market Size, Trends and Growth Opportunity By Type (Rust/Corrosion Inhibitors, Metal Deactivators, Extreme Pressure Additives, Anti-wear reagents, Viscosity Modifiers, Temperature Additives, and Others), By Formulation Base (Soap b
Description
Global Grease Additives Market Size, Trends and Growth Opportunity By Type (Rust/Corrosion Inhibitors, Metal Deactivators, Extreme Pressure Additives, Anti-wear reagents, Viscosity Modifiers, Temperature Additives, and Others), By Formulation Base (Soap based, and Non-soap based), By End-Use (Automotive, Marine, Mining, Food & Beverage, Aerospace, General Manufacturing, and Others), By Region and Forecast Till 2027.
Global Grease Additives Market
Market Overview
Global Grease Additives Market was valued at USD 15.2 billion in 2021 and expected to reach USD 19.22 billion by 2027at a CAGR 3.3%.
Chemical compounds known as grease additives are utilized to boost the performance of grease while reducing its undesirable traits. Grease additives are the primary ingredients of grease, which has a semi-solid consistency by nature. The different types of grease additives include metal deactivators, viscosity modifiers, severe pressure additives, rust/corrosion inhibitors, and anti-wear agents.
Market Drivers
The expansion of the global market for grease additives is anticipated to be boosted by an increase in manufacturing output. Also, the global market for grease additives is anticipated to develop as more complex machinery, which requires highly efficient lubricant, is adopted. Moreover, the expansion of the global market for grease additives will benefit from the increase in demand for high-performing lubricants. Due to the numerous uses of grease in the marine industry, demand for grease in this sector is anticipated to support the global market for grease additives. In addition, an increase in mining exploration operations is anticipated to fuel the expansion of the global market for grease additives. On the other hand, the increase in urban population and shifting dietary choices will fuel the expansion of the global market for grease additives.
Market Restraints
The market for lubricants additives is anticipated to develop in the anticipated year, but the volatility in raw material costs is anticipated to impede this expansion.
Market Segmentation
Global Grease Additives Market is segmented into type, formulation base and end use. By formulation base it segmented into Rust/Corrosion Inhibitors, Metal Deactivators, Extreme Pressure Additives, Anti-wear reagents, Viscosity Modifiers, Temperature Additives, and Others. By formulation base it segmented into Soap based, and Non-soap based. By end use it is segmented into Automotive, Marine, Mining, Food & Beverage, Aerospace, General Manufacturing, and Others.
Regional Analysis
The grease additives market segmented into five regions North America, Europe, Latin America, Asia Pacific, Middle East and Africa. The need for lubricant additives is likely to grow at a quick rate in the transportation and industrial works industries, with the Asia Pacific region predicted to be the largest market. The region is home to some of the largest ports in the world, the greatest of which is the Port of Shanghai in China, which handles 744 million tonnes of cargo annually. Port of Singapore follows, with connections to more than 100 countries and a capacity to hold 20% of the world's cargo containers. Furthermore, it is anticipated that China and India's rising spending and growing naval armies will propel the worldwide lubricant additives market.
Market Taxonomy
By Type
What are the Key Opportunities in Global Grease Additives Market?
What will be the growth rate from 2022 to 2027?
Which segment/region will have highest growth?
What are the factors that will impact/drive the Market?
What is the role of key players in the value chain?
Global Grease Additives Market
Market Overview
Global Grease Additives Market was valued at USD 15.2 billion in 2021 and expected to reach USD 19.22 billion by 2027at a CAGR 3.3%.
Chemical compounds known as grease additives are utilized to boost the performance of grease while reducing its undesirable traits. Grease additives are the primary ingredients of grease, which has a semi-solid consistency by nature. The different types of grease additives include metal deactivators, viscosity modifiers, severe pressure additives, rust/corrosion inhibitors, and anti-wear agents.
Market Drivers
The expansion of the global market for grease additives is anticipated to be boosted by an increase in manufacturing output. Also, the global market for grease additives is anticipated to develop as more complex machinery, which requires highly efficient lubricant, is adopted. Moreover, the expansion of the global market for grease additives will benefit from the increase in demand for high-performing lubricants. Due to the numerous uses of grease in the marine industry, demand for grease in this sector is anticipated to support the global market for grease additives. In addition, an increase in mining exploration operations is anticipated to fuel the expansion of the global market for grease additives. On the other hand, the increase in urban population and shifting dietary choices will fuel the expansion of the global market for grease additives.
Market Restraints
The market for lubricants additives is anticipated to develop in the anticipated year, but the volatility in raw material costs is anticipated to impede this expansion.
Market Segmentation
Global Grease Additives Market is segmented into type, formulation base and end use. By formulation base it segmented into Rust/Corrosion Inhibitors, Metal Deactivators, Extreme Pressure Additives, Anti-wear reagents, Viscosity Modifiers, Temperature Additives, and Others. By formulation base it segmented into Soap based, and Non-soap based. By end use it is segmented into Automotive, Marine, Mining, Food & Beverage, Aerospace, General Manufacturing, and Others.
Regional Analysis
The grease additives market segmented into five regions North America, Europe, Latin America, Asia Pacific, Middle East and Africa. The need for lubricant additives is likely to grow at a quick rate in the transportation and industrial works industries, with the Asia Pacific region predicted to be the largest market. The region is home to some of the largest ports in the world, the greatest of which is the Port of Shanghai in China, which handles 744 million tonnes of cargo annually. Port of Singapore follows, with connections to more than 100 countries and a capacity to hold 20% of the world's cargo containers. Furthermore, it is anticipated that China and India's rising spending and growing naval armies will propel the worldwide lubricant additives market.
Market Taxonomy
By Type
- Rust/Corrosion Inhibitors
- Metal Deactivators
- Extreme Pressure Additives
- Anti-wear reagents
- Viscosity Modifiers
- Temperature Additives
- Others
- Soap-based
- Non-soap based
- Automotive
- Marine
- Mining
- Food & Beverage
- Aerospace
- General Manufacturing
- Others
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East & Africa
What are the Key Opportunities in Global Grease Additives Market?
What will be the growth rate from 2022 to 2027?
Which segment/region will have highest growth?
What are the factors that will impact/drive the Market?
What is the role of key players in the value chain?
Table of Contents
112 Pages
- 1. Executive Summary
- 1.1. Market Taxonomy
- 2. Global Grease Additives Market Demand (in Value or Size in US$ Mn) Analysis and Forecast
- 3. Market Background
- 3.1. Forecast Factor
- 3.2. Market Dynamics
- 3.2.1. Drivers
- 3.2.2. Challenges
- 3.2.3. Trends
- 4. Global Grease Additives Market Snapshot
- 5.Global Grease Additives Market Analysis, By Type
- 5.1.Y-o-Y Growth Comparison, By Type
- 5.2.Global Grease Additives Market Share Analysis, By Type
- 5.3. Global Grease Additives Market Size and Forecast, By Type
- 5.3.1 Rust/ Corrosion Inhibitor
- 5.3.2 Metal Deactivator
- 5.3.3 Extreme Pressure Additives
- 5.3.4 Viscosity Modifier
- 5.3.5 Temperature Additives
- 5.3.6 Others
- 6. Global Grease Additives Market Analysis, By Formulation Base
- 6.1.Y-o-Y Growth Comparison, By Formulation Base
- 6.2.Global Grease Additives Market Share Analysis, By Formulation Base
- 6.3. Global Grease Additives Market Size and Forecast, By Formulation Base
- 6.3.1 Soap Based
- 6.3.2 Non-Soap Based
- 7. Global Grease Additives Market Analysis, By End User
- 7.1. Y-o-Y Growth Comparison, By End User
- 7.2. Global Grease Additives Market Share Analysis, By End User
- 7.3. Global Grease Additives Market Size and Forecast, By End User
- 7.3.1 Automotive
- 7.3.2 Marine
- 7.3.3 Mining
- 7.3.4 Food & Beverages
- 7.3.5 Aerospace
- 7.3.6 General Manufacturing
- 7.3.7 Others
- 8.Global Grease Additives Market Analysis, By Region
- 8.1.Y-o-Y Growth Comparison, By Region
- 8.2.Global Grease Additives Market Share Analysis, By Region
- 9. North America Grease Additives Market Analysis and Forecast (2022-2027)
- 9.1 Introduction
- 9.2 North America Grease Additives Market Analysis, By Type
- 9.3 North America Grease Additives Market Analysis, By Formulation Base
- 9.4 North America Grease Additives Market Analysis, By End User
- 9.5 North America Grease Additives Market Analysis, By Country
- 9.5.1USA
- 9.5.2 Canada
- 9.5.3 Mexico
- 10. Europe Grease Additives Market Analysis and Forecast (2022-2027)
- 10.1 Introduction
- 10.2 Europe Grease Additives Market Analysis, By Type
- 10.3 Europe Grease Additives Market Analysis, By Formulation Base
- 10.4 Europe Grease Additives Market Analysis, By End User
- 10.5 Europe Grease Additives Market Analysis, By Country
- 10.5 .1Germany
- 10.5 .2 France
- 10.5 .3 UK
- 10.5 .4 Rest of Europe
- 11. Asia Pacific Grease Additives Market Analysis and Forecast (2022-2027)
- 11.1 Introduction
- 11.2 Asia Pacific Grease Additives Market Analysis, By Type
- 11.3 Asia Pacific Grease Additives Market Analysis, By Formulation Base
- 11.3 Asia Pacific Grease Additives Market Analysis, By End User
- 11.4 Asia Pacific Grease Additives Market Analysis, By Country
- 11.4.1China
- 11.4.2 India
- 11.4.3 Japan
- 11.4.4 Rest of Asia Pacific
- 12. Latin America Grease Additives Market Analysis and Forecast (2022-2027)
- 12.1 Introduction
- 12.2 Latin America Grease Additives Market Analysis, By Type
- 12.3 Latin America Grease Additives Market Analysis, By Formulation Base
- 12.4 Latin America Grease Additives Market Analysis, By End User
- 13. Middle East & Africa Grease Additives Market Analysis and Forecast (2022-2027)
- 13.1 Introduction
- 13.2 Middle East & Africa Grease Additives Market Analysis, By Type
- 13.3 Middle East & Africa Grease Additives Market Analysis, By Formulation Base
- 13.4 Middle East & Africa Grease Additives Market Analysis, By End User
- 14.Competition Analysis
- 14.1 Competition Dashboard
- 14.2Market Share Analysis of Top Vendors
- 14.3 Key Development Strategies
- 15. Company Profiles
- 15.1 Croda International Plc.
- 15.1.1 Overview
- 15.1.2 Offerings
- 15.1.3 Key Financial
- 15.1.4 Business Segment & Geographic Overview
- 15.1.5 Key Market Developments
- 15.1.6 Key Strategies
- 15.2 King Industries, Inc.
- 15.2.1 Overview
- 15.2.2 Offerings
- 15.2.3 Key Financial
- 15.2.4 Business Segment & Geographic Overview
- 15.2.5 Key Market Developments
- 15.2.6 Key Strategies
- 15.3 Krystal Lubetech Private Limited
- 15.3.1 Overview
- 15.3.2 Offerings
- 15.3.3 Key Financial
- 15.3.4 Business Segment & Geographic Overview
- 15.3.5 Key Market Developments
- 15.3.6 Key Strategies
- 15.4 Clariant, Innospec
- 15.4.1 Overview
- 15.4.2 Offerings
- 15.4.3 Key Financial
- 15.4.4 Business Segment & Geographic Overview
- 15.4.5 Key Market Developments
- 15.4.6 Key Strategies
- 15.5 Afton Chemicals
- 15.5.1 Overview
- 15.5.2 Offerings
- 15.5.3 Key Financial
- 15.5.4 Business Segment & Geographic Overview
- 15.5.5 Key Market Developments
- 15.5.6 Key Strategies
- 15.6 BASF SE
- 15.6.1 Overview
- 15.6.2 Offerings
- 15.6.3 Key Financial
- 15.6.4 Business Segment & Geographic Overview
- 15.6.5 Key Market Developments
- 15.6.6 Key Strategies
- 15.7 Dorf Ketal Chemicals
- 15.7.1 Overview
- 15.7.2 Offerings
- 15.7.3 Key Financial
- 15.7.4 Business Segment & Geographic Overview
- 15.7.5 Key Market Developments
- 15.7.6 Key Strategies
- 15.8 Lubrizol Corporation
- 15.8.1 Overview
- 15.8.2 Offerings
- 15.8.3 Key Financial
- 15.8.4 Business Segment & Geographic Overview
- 15.8.5 Key Market Developments
- 15.8.6 Key Strategies
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