Global Grease Market Report 2019-2023 - Rising Popularity of Bio-Based Grease / New Plants / Increasing Consumption of Motor Oil

Dublin, Jan. 04, 2019 (GLOBE NEWSWIRE) -- 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/v3spsr/global_grease?w=12

Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.

CONTACT: ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Lubricants and Greases