Grease Additives Market was valued at USD 15.2 billion in 2019 and expected to reach USD 19.22 billion by 2030 at a CAGR 2.75%.
Grease additives are the chemical materials which are used for performance enhancements of grease while suppressing the unfavorable characteristics. Grease is semi-solid in nature and grease additives are the essential components of grease. Grease additives are classified into various types such as rust/corrosion inhibitors, metal deactivators, extreme pressure additives, viscosity modifiers, anti-wear reagents and others.
Rise in output of manufacturing industry is expected to boost the global grease additives market growth. Furthermore increase in adoption of advanced machinery which requires highly efficient lubricant is expected to propel the growth of global grease additives market. Moreover, rise in demand for high performing lubricants will have the positive impact on global grease additives market growth. Grease in widely used in marine industry for various applications thus the demand for grease in marine industry which is expected to fuel the global grease additives market. In addition to that, rise in mining exploration activities expected to drive the global grease additives market growth. In other hand, rise in urban population and changing food preferences will propel the growth of global grease additives market.
However, Fluctuation in raw material prices is the major restraining factor which is expected to hamper the global grease additives market growth.
Global Grease Additives Market is segmented into type such as Rust/Corrosion Inhibitors, Metal Deactivators, Extreme Pressure Additives, Anti-wear reagents, Viscosity Modifiers, Temperature Additives, and Others, by formulation base such as Soap based, and Non-soap based. Further, Global Grease Additives Market is segmented into end user such as Automotive, Marine, Mining, Food & Beverage, Aerospace, General Manufacturing, and Others.
Also, Global Grease Additives Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Various key players are discussed in this report such as Croda International Plc, King Industries, Inc, Krystal Lubetech Private Limited, Clariant, Innospec, Afton Chemicals, BASF SE, Dorf Ketal Chemicals, and Lubrizol Corporation.
By Type
Rust/Corrosion Inhibitors
Metal Deactivators
Extreme Pressure Additives
Anti-wear reagents
Viscosity Modifiers
Temperature Additives
Others
By Formulation Base
Soap-based
Non-soap based
By End Use
Automotive
Marine
Mining
Food & Beverage
Aerospace
General Manufacturing
Others
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 Inhibitors
5.3.2 Metal Deactivators
5.3.3 Extreme Pressure Additives
5.3.4 Viscosity Modifiers
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 (2017-2030)
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
9.5.1 USA
9.5.2 Canada
9.5.3 Mexico
10. Europe Grease Additives Market Analysis and Forecast (2017-2030)
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 .1 Germany
10.5 .2 France
10.5 .3 UK
10.5 .4 Rest of Europe
11. Asia Pacific Grease Additives Market Analysis and Forecast (2017-2030)
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
11.4.1 China
11.4.2 India
11.4.3 Japan
11.4.4 Rest of Asia Pacific
12. Latin America Grease Additives Market Analysis and Forecast (2017-2030)
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 (2017-2030)
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
14.2 Market 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
15.3 Krystal Lubetech Private Limited
15.4 Clariant, Innospec
15.5 Afton Chemicals
15.6 BASF SE,
15.7 Dorf Ketal Chemicals
15.8 Lubrizol Corporation
