Automotive Grease market

Automotive Grease Market - Global Outlook and Forecast 2022-2028

  • 24 January 2022
  • Automotive and Transportation
  • 110 Pages
  • Report code : PMR-6796106

  • 4.7 (158)

Automotive Grease Market

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Grease is a liquid lubricant with a solid or semi-fluid thickener, such as soap or PTFE. Grease fulfills the same requirements as other lubricants ? to reduce friction and wear, protect against corrosions, and to dissipate heat. Automotive Grease is used in bearings, joints, hinges and other components. Automotive grease avoids sticking and squeaking thus preventing components wearing out prematurely, whilst shielding against moisture and corrosion. Automotive grease consists of oil or other fluid lubricant that is mixed with a thickener, typically a soap, to form a solid or semisolid.

Automotive Grease Market contains market size and forecasts of Automotive Grease in global, including the following market information:

Global Automotive Grease Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global Automotive Grease Market Sales, 2017-2022, 2023-2028, (MT)

Global top five Automotive Grease companies in 2021 (%)

The global Automotive Grease market was valued at 1120.5 million in 2021 and is projected to reach US$ 1271.2 million by 2028, at a CAGR of 1.8% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Mineral Oil Grease Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Automotive Grease include Shell, ExxonMobil, Sinopec, Axel Christiernsson, Castrol, CNPC, Chevron, Total and DuPont, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Automotive Grease manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Automotive Grease Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (MT)

Global Automotive Grease Market Segment Percentages, by Type, 2021 (%)

Mineral Oil Grease

Synthetic Oil Grease

Others

Global Automotive Grease Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (MT)

Global Automotive Grease Market Segment Percentages, by Application, 2021 (%)

Commercial Vehicle

Passenger Vehicle

Global Automotive Grease Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (MT)

Global Automotive Grease Market Segment Percentages, By Region and Country, 2021 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Automotive Grease revenues in global market, 2017-2022 (Estimated), ($ millions)

Key companies Automotive Grease revenues share in global market, 2021 (%)

Key companies Automotive Grease sales in global market, 2017-2022 (Estimated), (MT)

Key companies Automotive Grease sales share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

Shell

ExxonMobil

Sinopec

Axel Christiernsson

Castrol

CNPC

Chevron

Total

DuPont

Freudenberg

Fuchs

BP

SKF

Haihua

Southwestern Petroleum

Shu Guang

Changming

Timken

Zinol

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