Global Grease Additives Sales Market Report 2021

Grease is a semi-solid lubricant. It typically comprises soap blended with either mineral or vegetable oil. At times, soft solid or high viscosity liquid materials used as lubricants are described as greases. However, they lack the property of shear-thinning, which is a characteristic of grease. For instance, petroleum jellies (such as Vaseline) are not generally categorized as greases.
The ability to perform well at high temperatures is extremely crucial for grease additives to be used for different end-user applications. This requirement has augmented the demand for complex soap-based greases as they perform well in different temperature ranges compared to simple soap-based greases. Grease additives influence energy efficiency by reducing the energy losses in engines due to friction in hydrodynamic, lubrication regimes, and elasto-hydrodynamics. The increased adoption of energy-efficient measures through friction modification and viscosity optimization are acting as an effective driver of the global grease additives market. The market is witnessing the use of high-performing biodegradable greases and their additives, which are either vegetable oil-based or based on synthetic esters. These greases do not release harmful residues after use and degrade sooner than the mineral-based alternatives. Moreover, the manufacture of biodegradable greases complies with the regulatory and environmental guidelines and also help in improved profit margins on account of the sales of value-added products.

Market Analysis and Insights: Global Grease Additives Market
The global Grease Additives market was valued at US$ XX in 2020 and will reach US$ XX million by the end of 2027, growing at a CAGR of XX% during 2022-2027.

Global Grease Additives Scope and Market Size
The global Grease Additives market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Grease Additives market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2016-2027.

Segment by Type
Oxidation Inhibitors
Pressure Additives
Temperature Additives
Anti-Wear Agents
Metal Deactivators
Others

Segment by Application
Automotive
Aerospace
Food
Marine
Machine Working
Mining
Others

The Grease Additives market is analysed and market size information is provided by regions (countries). Segment by Application, the Grease Additives market is segmented into North America, Europe, China, Japan, Southeast Asia, India and Other Regions.

By Company
Afton Chemical
BASF
Clariant
Lubrizol
Innospec