The market size of Grease is estimated to have been USD 2.04 billion in 2015 and is projected to reach USD 2.28 billion by 2021, registering a CAGR of 2.0% between 2016 and 2021. The market is largely driven by the increased demand from end-use industries. In addition, the rising demand for the high performance grease for machines drives the market for grease, globally.

Complete report on Grease Market spread across 186 pages, 10+ profiling companies and supported with 110 tables and 49 figures is now available at http://www.rnrmarketresearch.com/grease-market-by-type-metallic-soap-thickener-non-soap-thickener-inorganic-thickener-and-others-and-by-end-use-industry-automotive-construction-off-highways-general-manufacturing-steel-mining-and-other-ts-to-2021-market-report.html .

The demand for metallic soap thickener is driven by the increased demand from various sectors such as automotive, construction & off-highways, general manufacturing, steel, mining, and other due to its high mechanical stability and temperature tolerance characteristics. Moreover, the lithium soap is the largest and fastest-growing sub-thickener type of grease due to heavy consumption in automotive chassis, wheel bearings, wind turbines, hydraulics, agriculture equipment, and other applications.
In the automotive industry, grease is heavily used in automotive equipment for smooth running of vehicles. It provides mechanical stability, temperature tolerance, water resistance, and anti-oxidant properties. The need for high performance grease is rising for the increasing manufacturing of machines and equipment in end-use industries.
This study has been validated through primary interviews with various industry experts globally. The break-up profile of primary discussion participants is given here Tier 1 (37%); Tier 2 (50%) and Tier 3 (13%) companies were contacted for interviews. The interviews were conducted with various key people such as C-Level (50%) and Director Level (31%) and other (19%) from various key organizations. The primary interviews were conducted worldwide covering regions such as North America (28%), Europe (33%), Asia Pacific (22%) Latin America (11%), and Middle East & Africa (6%).

Various key players profiled in the report include Royal Dutch Shell plc (Netherlands), Sinopec Corporation (Shina), Fuchs Petrolub SE (Germany), BP Plc (U.K.), Petronas (Malaysia), Idemitsu Kosan Co., Ltd. (Japan), Chevron Corporation (U.K.), Total SA (France), Exxon Mobil Corporation (U.S.), The Dow Chemical (U.S.), JX Nippon Oil & Energy Corporation (Japan), and others.

Ask for a discount before order a copy of Grease Market by Type (Metallic Soap Thickener, Non-Soap Thickener, Inorganic Thickener, and Others), and by End-use Industry (automotive, construction & off-highways, general manufacturing, steel, mining, and other) - Global Forecasts to 2021 at http://www.rnrmarketresearch.com/contacts/discount?rname=539785 .

The report offers market estimations and projections till 2021 and offers a complete study of the market dynamics. In addition, the report provides the competitive landscape with major growth strategies adopted by the key players.
On a related note, another research report with titled High Temperature Grease & Lubricants Market by Type (Soap Thickener and Non-Soap Thickener), by Application (Industrial and Automotive), and by Region (APAC, EU, NA, MEA, and LA) - Global Forecast to 2021, The high temperature grease & lubricants market size is expected to reach USD26.49 billion by 2021, registering a CAGR of 5.3% between 2016 and 2021. Now available at http://www.rnrmarketresearch.com/high-temperature-grease-lubricants-market-by-type-soap-thickener-and-non-soap-thickener-by-application-industrial-and-automotive-and-by-region-apac-eu-na-mea-and-la-global-forecast-to-2021-market-report.html .

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