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Global Grease Additives Market Size, Trends and Growth Opportunity By Type (Rust/Corrosion Inhibitors, Metal Deactivators, Extreme Pressure Additives, Anti-wear reagents, Viscosity Modifiers, Temperature Additives, and Others), By Formulation Base (Soap based, and Non-soap based), By End-Use (Automotive, Marine, Mining, Food & Beverage, Aerospace, General Manufacturing, and Others), By Region and Forecast Till 2027.


Report ID : IR100374 | Industries : Chemicals & Materials | Published On :May 2024 | Page Count : 244

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  • Global Grease Additives Market Size, Trends and Growth Opportunity By Type (Rust/Corrosion Inhibitors, Metal Deactivators, Extreme Pressure Additives, Anti-wear reagents, Viscosity Modifiers, Temperature Additives, and Others), By Formulation Base (Soap based, and Non-soap based), By End-Use (Automotive, Marine, Mining, Food & Beverage, Aerospace, General Manufacturing, and Others), By Region and Forecast Till 2027.
    Global Grease Additives Market 
    Global Grease Additives Market was valued at USD 15.2 billion in 2021 and expected to reach USD 19.22 billion by 2027at a CAGR 3.3%. 
    Chemical compounds known as grease additives are utilized to boost the performance of grease while reducing its undesirable traits. Grease additives are the primary ingredients of grease, which has a semi-solid consistency by nature. The different types of grease additives include metal deactivators, viscosity modifiers, severe pressure additives, rust/corrosion inhibitors, and anti-wear agents.
    Market Drivers
    The expansion of the global market for grease additives is anticipated to be boosted by an increase in manufacturing output. Also, the global market for grease additives is anticipated to develop as more complex machinery, which requires highly efficient lubricant, is adopted. Moreover, the expansion of the global market for grease additives will benefit from the increase in demand for high-performing lubricants. Due to the numerous uses of grease in the marine industry, demand for grease in this sector is anticipated to support the global market for grease additives. In addition, an increase in mining exploration operations is anticipated to fuel the expansion of the global market for grease additives. On the other hand, the increase in urban population and shifting dietary choices will fuel the expansion of the global market for grease additives.
    Market Restraints
    The market for lubricants additives is anticipated to develop in the anticipated year, but the volatility in raw material costs is anticipated to impede this expansion.
    Market Segmentation
    Global Grease Additives Market is segmented into type, formulation base and end use. By formulation base it segmented into Rust/Corrosion Inhibitors, Metal Deactivators, Extreme Pressure Additives, Anti-wear reagents, Viscosity Modifiers, Temperature Additives, and Others. By formulation base it segmented into Soap based, and Non-soap based. By end use it is segmented into Automotive, Marine, Mining, Food & Beverage, Aerospace, General Manufacturing, and Others.
    Regional Analysis
    The grease additives market segmented into five regions North America, Europe, Latin America, Asia Pacific, Middle East and Africa. The need for lubricant additives is likely to grow at a quick rate in the transportation and industrial works industries, with the Asia Pacific region predicted to be the largest market. The region is home to some of the largest ports in the world, the greatest of which is the Port of Shanghai in China, which handles 744 million tonnes of cargo annually. Port of Singapore follows, with connections to more than 100 countries and a capacity to hold 20% of the world's cargo containers. Furthermore, it is anticipated that China and India's rising spending and growing naval armies will propel the worldwide lubricant additives market.
    Key Players
    Various key players are listed in this report such as Croda International Plc., King Industries, Inc., Krystal Lubetech Private Limited, Clariant, Afton Chemicals, BASF SE, Dorf Ketal Chemicals, Lubrizol Corporation and Innospec.
    Market Taxonomy  
    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
    By Region
    • North America
    • Latin America
    • Europe
    • Asia Pacific
    • Middle East & Africa 
    Key Question Addressed by the Report
    What are the Key Opportunities in Global Grease Additives Market?
    What will be the growth rate from 2022 to 2027?
    Which segment/region will have highest growth?
    What are the factors that will impact/drive the Market?
    What is the role of key players in the value chain?


     

    Global Grease Additives Market TOC:
    1. Executive Summary
    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 Inhibitor
    5.3.2 Metal Deactivator
    5.3.3 Extreme Pressure Additives
    5.3.4 Viscosity Modifier
    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 (2022-2027)
    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
    9.5.1USA
    9.5.2 Canada
    9.5.3 Mexico
    10. Europe Grease Additives Market Analysis and Forecast (2022-2027)
    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 .1Germany
    10.5 .2 France
    10.5 .3 UK
    10.5 .4 Rest of Europe
    11. Asia Pacific Grease Additives Market Analysis and Forecast (2022-2027)
    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
    11.4.1China
    11.4.2 India
    11.4.3 Japan
    11.4.4 Rest of Asia Pacific
    12. Latin America Grease Additives Market Analysis and Forecast (2022-2027)
    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 (2022-2027)
    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
    14.2Market 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.
    15.2.1 Overview
    15.2.2 Offerings
    15.2.3 Key Financial
    15.2.4 Business Segment & Geographic Overview
    15.2.5 Key Market Developments
    15.2.6 Key Strategies
    15.3 Krystal Lubetech Private Limited
    15.3.1 Overview
    15.3.2 Offerings
    15.3.3 Key Financial
    15.3.4 Business Segment & Geographic Overview
    15.3.5 Key Market Developments
    15.3.6 Key Strategies
    15.4 Clariant
    15.4.1 Overview
    15.4.2 Offerings
    15.4.3 Key Financial
    15.4.4 Business Segment & Geographic Overview
    15.4.5 Key Market Developments
    15.4.6 Key Strategies
    15.5 Afton Chemicals
    15.5.1 Overview
    15.5.2 Offerings
    15.5.3 Key Financial
    15.5.4 Business Segment & Geographic Overview
    15.5.5 Key Market Developments
    15.5.6 Key Strategies
    15.6 BASF SE
    15.6.1 Overview
    15.6.2 Offerings
    15.6.3 Key Financial
    15.6.4 Business Segment & Geographic Overview
    15.6.5 Key Market Developments
    15.6.6 Key Strategies
    15.7 Dorf Ketal Chemicals
    15.7.1 Overview
    15.7.2 Offerings
    15.7.3 Key Financial
    15.7.4 Business Segment & Geographic Overview
    15.7.5 Key Market Developments
    15.7.6 Key Strategies
    15.8 Lubrizol Corporation
    15.8.1 Overview
    15.8.2 Offerings
    15.8.3 Key Financial
    15.8.4 Business Segment & Geographic Overview
    15.8.5 Key Market Developments
    15.8.6 Key Strategies
    15.9 Innospec
    15.9.1 Overview
    15.9.2 Offerings
    15.9.3 Key Financial
    15.9.4 Business Segment & Geographic Overview
    15.9.5 Key Market Developments
    15.9.6 Key Strategies