Global Low Temperature Grease Market is expected to grow at a significant CAGR in the upcoming years. Grease usually darkens due to acidic oxidation similar to that of lubricants. Greasy products can have devastating effects on the components resulting into bleeding, softening and oil leakage. Since, grease does not conduct heat progressively, oxidation begins at a hot point and proliferates the grease slowly.

Oxidation rate is temperature dependent and if soap-based grease is put to heat, the proliferation happens gradually until a certain temperature is gained. At this juncture, the gel structure breaks and the grease and the whole grease turns liquid. Hence, the overall process is termed as drop point.

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On contrary, low temperature grease are those counterparts with a basic nature to operate in extreme conditions and with a set of different characteristics. For instance, a low temperature grease possesses mechanical and sheer stability with minimal leakage. It is much suited for high-terrain vehicles and multi-purpose vehicles.

Market driving factors responsible for the growth of low temperature grease market includes rise in heavy duty transport vehicles particularly in cold regions with -0o characteristics. Demand for low temperature grease is high especially in remote and hilly areas. Based on segmentation by product, the low temperature grease market includes Mineral base oil, synthetic base oil and biological base oil. Based on segmentation by end-user, the low temperature grease market includes car, engineering machinery, distributor, electric valve and motor.

Geographically, low temperature grease market spans North America, Latin America, Europe, Asia-Pacific, Middle-East and Africa. China, Japan, South Korea, Taiwan, India, Southeast Asia and Australia are some regions in APAC market dominating the low temperature grease market in forthcoming years. The key players in the low temperature grease market include Klber Lubrication, ADDINOL Lube Oil, OKS Spezialchmierstoffe GmbH, ROCOL, Dow Corning and Setral Chemie GmbH.

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