According to a market report by Lucintel, the future of the vacuum grease market looks promising with opportunities in the laboratory & industrial, equipment, food processing, pharmaceuticals and aerospace/aviation applications. The vacuum grease market is expected to grow with a CAGR of 11% from 2019 to 2024. The major growth drivers for this market are strong growth in the laboratory equipment industry in Europe and North America and growth in the food processing industry in the developing regions.
In this market, fluorocarbon-based vacuum grease, hydrocarbon-based vacuum grease, and silicone-based vacuum grease are the major product type of the vacuum grease market. Silicon-based vaccum grease is the largest product type.
Within the vacuum grease market, laboratory & industrial, equipment, food processing, pharmaceuticals, and aerospace/aviation are the major applications. Laboratory and food processing is the largest application segment for vacuum grease.
APAC will remain the largest market over the forecast period due to high precision machines in the manufacturing industry.
Dow Corning, The Chemours Company, M&I Materials Limited, Solvay S.A., Castrol Ltd., Kluber Lubrication, Fuchs Lubritech Gmbh, Inland Vacuum Industries Inc., Ulvac Technologies Inc., Santolubes LLC, Supervac Industries, MPT industries are among the major manufacturers of vacuum grease.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the vacuum grease market by product type, application, and region. Lucintel has prepared a comprehensive research report entitled "Vacuum Grease Market 2019-2024: Trends, Forecast, and Opportunity Analysis". This Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the vacuum grease market by product type, application, and region as follows:
By Product Type [$M shipment analysis for 2019 – 2024]:
• Silicon based vacuum grease
• Hydrocarbon based vacuum grease
• Fluorocarbon based vacuum grease
By Application [$M shipment analysis for 2019 – 2024]:
• Laboratory and Industrial
• Equipment
• Food Processing
• Aerospace/Aviation
• Pharmaceuticals
By Region [$M shipment analysis for 2013 – 2024]:
• North America
− US
− Canada
− Mexico
• Europe
− Germany
− Spain
− France
− United Kingdom
− Russia
• Asia Pacific
− China
− Japan
− India
− South Korea
− Thailand
• The Rest of the World

More than 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link…… [email protected].
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision makers in a variety of industries. For further information, visit www.lucintel.com.
This report answers following 11 key questions:
Q.1 What are some of the most promising potential, high growth opportunities for the vacuum grease market by product type (silicon based vacuum grease, hydrocarbon based vacuum grease, and fluorocarbon based vacuum grease), application (laboratory and industrial, equipment, food processing, aerospace/aviation, and pharmaceuticals), and region (North America, Europe, Asia Pacific, and Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 Which regions will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the vacuum grease market?
Q.5 What are the business risks and threats to the vacuum grease market?
Q.6 What are the emerging trends in the vacuum grease market and the reasons behind them?
Q.7 What are some changing demands of customers in the vacuum grease market?
Q.8 What are the new developments in the vacuum grease market? Which companies are leading these developments?
Q.9 Who are the major players in the vacuum grease market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in the vacuum grease area, and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11 What M & A activities have taken place in the last five years in the vacuum grease market?