Market Overview:
The global biodegradable greases market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth of the market can be attributed to the increasing demand for environment-friendly products and the rising awareness about their benefits among consumers. In terms of volume, the global biodegradable greases market is projected to reach 2,811.1 kilotons by 2030 from 1,746.4 kilotons in 2017. Based on type, synthetic greases are expected to lead the global biodegradable greases market with a share of 49% by 2030 owing to their superior properties as compared with other types of biodegradable greases such as mineral oil-based grease and vegetable-based grease.
Product Definition:
A biodegradable grease is a type of lubricant that breaks down naturally over time, as opposed to traditional petrochemical-based greases, which can take years to decompose. Biodegradable greases are often made from plant or animal-based oils and fats and are therefore more environmentally friendly. They are also commonly used in applications where there is a risk of environmental contamination, such as with septic systems.
Synthetic Greases:
Synthetic greases are the product that is manufactured by the chemical reaction between fatty acids and tallow amines. The result of this reaction is a semi-solid grease which can be used as an lubricant for various applications such as metal working, food processing, textile machines and hydraulic equipment. Synthetic greases have been in use since World War II when they were first developed for military applications to prevent Axis aircraft from gaining access to Allied supplies.
Mineral Oil-Based Greases:
Mineral oil-based greases are used in biodegradable greases to provide high resistance to water, heat and chemicals. These properties make it suitable for use in the automotive industry. Mineral oil-based grease is a kind of petroleum mineral mixture that consists of paraffin waxes and heavy oils which are obtained from crude oil through refining processes.
Application Insights:
The motor vehicle segment led the global biodegradable greases market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. Rising demand for automotive components, including engine oil, transmission fluids, brake fluids and lubricants is expected to drive product demand in this application segment. In addition, stringent environmental regulations regarding waste disposal from manufacturing plants are anticipated to augment industry growth over the coming years.
Non-motor vehicle applications include industrial machinery and equipment such as food processing plants; chemical processing facilities; paper mills; cement production facilities; pulp & paper mills along with other industrial applications such as metal foundry and glass production units that require lubrication for smooth functioning of their machinery or equipment operations without generating any pollution or toxic wastes during its lifecycle.
Regional Analysis:
Asia Pacific was the largest regional market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing awareness regarding vehicle maintenance, rising disposable income, and changing lifestyle. Asia Pacific is home to several emerging economies including China, India, Indonesia among others which are witnessing strong economic growth. These countries have a large number of manufacturing facilities for motor vehicles as well as other industrial applications due to which demand for biodegradable greases is likely to increase in near future.
Europe accounted for more than 20% share of global revenue in 2017 owing to growing demand from Germany and U.K.
Growth Factors:
- Increasing demand from end-use industries: The biodegradable greases market is witnessing a significant growth due to the increasing demand from various end-use industries, such as automotive, food and beverage, metalworking, and others.
- Rising environmental concerns: The growing awareness about the environment has led to an increase in the adoption of biodegradable greases across various applications. This is owing to their ability to decompose naturally without leaving any harmful residue behind.
- Technological advancements: The development of new technologies for manufacturing biodegradable greases is propelling the growth of this market globally. These technological advancements are helping manufacturers produce high-quality products that can be used in a variety of applications with ease.
Scope Of The Report
Report Attributes
Report Details
Report Title
Biodegradable Greases Market Research Report
By Type
Synthetic Greases, Mineral Oil-Based Greases, Vegetable-Based Greases, Other
By Application
Motor Vehicle, Non-Motor Vehicle
By Companies
Shell, Kluber, Condat, Fuchs, Seteral Chemie, SKF, ITW Spraytec, Bechem, Unil Lubricants, Cortec, Environmental Lubricants Manufacturing
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
232
Number of Tables & Figures
163
Customization Available
Yes, the report can be customized as per your need.
Global Biodegradable Greases Market Report Segments:
The global Biodegradable Greases market is segmented on the basis of:
Types
Synthetic Greases, Mineral Oil-Based Greases, Vegetable-Based Greases, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Motor Vehicle, Non-Motor Vehicle
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Shell
- Kluber
- Condat
- Fuchs
- Seteral Chemie
- SKF
- ITW Spraytec
- Bechem
- Unil Lubricants
- Cortec
- Environmental Lubricants Manufacturing
Highlights of The Biodegradable Greases Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Synthetic Greases
- Mineral Oil-Based Greases
- Vegetable-Based Greases
- Other
- By Application:
- Motor Vehicle
- Non-Motor Vehicle
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Biodegradable Greases Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Biodegradable greases are a type of grease that can be broken down by bacteria or fungi. This means that the grease will eventually disappear and won't harm the environment.
Some of the major companies in the biodegradable greases market are Shell, Kluber, Condat, Fuchs, Seteral Chemie, SKF, ITW Spraytec, Bechem, Unil Lubricants, Cortec, Environmental Lubricants Manufacturing.
The biodegradable greases market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Biodegradable Greases Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Biodegradable Greases Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Biodegradable Greases Market - Supply Chain
4.5. Global Biodegradable Greases Market Forecast
4.5.1. Biodegradable Greases Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Biodegradable Greases Market Size (000 Units) and Y-o-Y Growth
4.5.3. Biodegradable Greases Market Absolute $ Opportunity
5. Global Biodegradable Greases Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Biodegradable Greases Market Size and Volume Forecast by Type
5.3.1. Synthetic Greases
5.3.2. Mineral Oil-Based Greases
5.3.3. Vegetable-Based Greases
5.3.4. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Biodegradable Greases Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Biodegradable Greases Market Size and Volume Forecast by Application
6.3.1. Motor Vehicle
6.3.2. Non-Motor Vehicle
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Biodegradable Greases Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Biodegradable Greases Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Biodegradable Greases Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Biodegradable Greases Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Biodegradable Greases Demand Share Forecast, 2019-2026
9. North America Biodegradable Greases Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Biodegradable Greases Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Biodegradable Greases Market Size and Volume Forecast by Application
9.4.1. Motor Vehicle
9.4.2. Non-Motor Vehicle
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Biodegradable Greases Market Size and Volume Forecast by Type
9.7.1. Synthetic Greases
9.7.2. Mineral Oil-Based Greases
9.7.3. Vegetable-Based Greases
9.7.4. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Biodegradable Greases Demand Share Forecast, 2019-2026
10. Latin America Biodegradable Greases Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Biodegradable Greases Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Biodegradable Greases Market Size and Volume Forecast by Application
10.4.1. Motor Vehicle
10.4.2. Non-Motor Vehicle
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Biodegradable Greases Market Size and Volume Forecast by Type
10.7.1. Synthetic Greases
10.7.2. Mineral Oil-Based Greases
10.7.3. Vegetable-Based Greases
10.7.4. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Biodegradable Greases Demand Share Forecast, 2019-2026
11. Europe Biodegradable Greases Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Biodegradable Greases Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Biodegradable Greases Market Size and Volume Forecast by Application
11.4.1. Motor Vehicle
11.4.2. Non-Motor Vehicle
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Biodegradable Greases Market Size and Volume Forecast by Type
11.7.1. Synthetic Greases
11.7.2. Mineral Oil-Based Greases
11.7.3. Vegetable-Based Greases
11.7.4. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Biodegradable Greases Demand Share, 2019-2026
12. Asia Pacific Biodegradable Greases Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Biodegradable Greases Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Biodegradable Greases Market Size and Volume Forecast by Application
12.4.1. Motor Vehicle
12.4.2. Non-Motor Vehicle
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Biodegradable Greases Market Size and Volume Forecast by Type
12.7.1. Synthetic Greases
12.7.2. Mineral Oil-Based Greases
12.7.3. Vegetable-Based Greases
12.7.4. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Biodegradable Greases Demand Share, 2019-2026
13. Middle East & Africa Biodegradable Greases Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Biodegradable Greases Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Biodegradable Greases Market Size and Volume Forecast by Application
13.4.1. Motor Vehicle
13.4.2. Non-Motor Vehicle
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Biodegradable Greases Market Size and Volume Forecast by Type
13.7.1. Synthetic Greases
13.7.2. Mineral Oil-Based Greases
13.7.3. Vegetable-Based Greases
13.7.4. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Biodegradable Greases Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Biodegradable Greases Market: Market Share Analysis
14.2. Biodegradable Greases Distributors and Customers
14.3. Biodegradable Greases Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Shell
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Kluber
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Condat
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Fuchs
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Seteral Chemie
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. SKF
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. ITW Spraytec
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Bechem
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Unil Lubricants
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Cortec
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Environmental Lubricants Manufacturing
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
