Dublin, Jan. 04, 2019 (GLOBE NEWSWIRE) -- The "Global Grease Market 2019-2023" report has been added to ResearchAndMarkets.com's offering. The grease market will witness an incremental growth close to USD264 million during 2019-2023. The bio-based grease products are expected to gain traction in the grease market during the forecast period owing to their eco-friendly characteristics. These products have emerged as a reliable substitute to petroleum-based grease products. Market Overview Growing shipbuilding business Marine industry being one of the key end-users of the market. The increase in the production of ships and growing repair and maintenance activities of old ships and boats will act as a driving factor for the growth of the global grease market. Volatile oil prices Crude oil prices have been fluctuating for the past many years and are likely to be volatile during the forecast period as well. The increase in price of base oil will also affect the price of grease which can negatively affect consumption. Competitive Landscape The market appears to be fragmented and with the presence of several companies. Factors such as bio-based grease products have emerged as a reliable alternative to petroleum-based grease products. The strong preference for the development of bio-based greases in developed economies such as Canada, the US, and Germany, is attributable to their eco-friendly properties. This will propel the growth opportunities for the market. Key Topics Covered: PART 01: EXECUTIVE SUMMARY PART 02: SCOPE OF THE REPORT PART 03: MARKET LANDSCAPE PART 04: MARKET SIZING
- Market sizing 2018
- Market size and forecast 2018-2023
PART 05: FIVE FORCES ANALYSIS PART 06: MARKET SEGMENTATION BY END-USER
- Comparison by end-user
- Automotive
- Construction and off-highway
- General manufacturing
- Steel
- Others
- Market opportunity by end-user
PART 07: CUSTOMER LANDSCAPE PART 08: GEOGRAPHIC LANDSCAPE
- Geographic comparison
- Key leading countries
- Market opportunity
PART 09: DECISION FRAMEWORK PART 10: DRIVERS AND CHALLENGES PART 11: MARKET TRENDS
- Rising popularity of bio-based grease
- New plants in grease market
- Increasing consumption of motor oil
PART 12: VENDOR LANDSCAPE
- Landscape disruption
- Competitive scenario
PART 13: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Chevron Corporation
- China Petroleum & Chemical Corporation
- DowDuPont
- Exxon Mobil Corporation
- Shell International
- Total
For more information about this report visit https://www.researchandmarkets.com/research/v...rease?w=12
Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.
CONTACT: ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900 Related Topics: Lubricants and Greases