Market Overview:
The global aviation grease market is estimated to be valued at US$ 1,362.8 Mn in 2018 and is projected to register a CAGR of 5.1% over the forecast period (2018–2030), according to a new study by Transparency Market Research (TMR). In terms of volume, the market is expected to reach 2,584.5 kilo tons by 2030. The aviation grease market has been segmented on the basis of type into aviation gas turbine engine lubricants and aviation piston engine lubricants. The former accounted for a larger share in terms of value in 2017 and is expected to maintain its dominance during the forecast period as well.
Product Definition:
Aviation grease is a type of lubricant that is specifically designed for use in aircraft. It has a higher melting point than other types of grease, and it also resists the effects of aviation fuel and oil. Aviation grease is important because it helps to keep aircraft running smoothly, and it can help prevent corrosion and wear.
Aviation Gas Turbine Engine Lubricants:
Aviation Gas Turbine Engine Lubricants are specially formulated lubricants that are used in the aviation industry. These products have a high growth factor and can be attributed to the increasing demand for commercial aircraft across the globe. The aviation industry is witnessing significant change with an increase in passenger traffic, which has further propelled manufacturers to develop efficient engines and fuel systems for aircrafts.
Aviation Piston Engine Lubricants:
Aviation piston engine lubricants are specially formulated oils that are used to reduce friction between moving parts and ensure efficient functioning of the engine. They also help in maintaining optimum temperature, pressure, and viscosity which is required for smooth functioning of the components. These products have applications in helicopters, fixed-wing aircraft as well as commercial & military drones.
Application Insights:
The large jets segment dominated the global aviation grease market in 2017, accounting for over 45.0% share of the total revenue. The growth can be attributed to an increase in passenger traffic on a constant basis and expansion of existing airports as well as construction of new ones across various regions. For instance, according to data published by CAPA Centre for Aviation, Inc.
2,000 active commercial aircraft currently serving more than 620 million passengers every year worldwide. Furthermore, with growing demand from emerging economies such as China and India coupled with increasing production rates by major players such as Airbus SE and Boeing Co., large jets are expected to remain at peak throughout the forecast period thus fueling product demand over the next few years.
Regional Analysis:
Asia Pacific dominated the global aviation grease market in 2016 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing demand for business jets, helicopters, and large commercial aircraft. China is one of the largest manufacturers of these aircraft types and has a strong presence in this industry globally.
The Middle East & Africa region is anticipated to witness significant growth over the next eight years owing to rising investments by foreign players such as Kuwait Aviation Oil Company (KAOC) in supporting regional development. In addition, increasing oil prices are likely to benefit aviation lubricants demand across this region during future years due to their higher consumption in gas turbines used for electricity generation along with other applications such as industrial machinery, marine engines etc.).
Growth Factors:
- Increasing demand for air travel: The global air passenger traffic is expected to grow at a CAGR of 5.4% from 2016 to 2036, according to the International Air Transport Association (IATA). This will result in an increase in the demand for aviation grease.
- Proliferation of low-cost carriers: The growth of low-cost carriers (LCCs) is resulting in an increase in the number of passengers travelling by air. This will lead to an increase in the demand for aviation grease.
- Expansion of airport infrastructure: Airport operators are investing heavily in new airport infrastructure projects across the world, which is leading to an increase in the number of aircraft movements and consequently, an increase in the need for aviation grease products and services.
Scope Of The Report
Report Attributes
Report Details
Report Title
Aviation Grease Market Research Report
By Type
Aviation Gas Turbine Engine Lubricants, Aviation Piston Engine Lubricants
By Application
Large Jets, Piston Engine Aircraft, Business Jets and Turboprops, Helicopters
By Companies
Shell, Total Lubricants, ExxonMobil, Eastman, CNPC, Shell
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
147
Number of Tables & Figures
103
Customization Available
Yes, the report can be customized as per your need.
Global Aviation Grease Market Report Segments:
The global Aviation Grease market is segmented on the basis of:
Types
Aviation Gas Turbine Engine Lubricants, Aviation Piston Engine Lubricants
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
Large Jets, Piston Engine Aircraft, Business Jets and Turboprops, Helicopters
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
- Total Lubricants
- ExxonMobil
- Eastman
- CNPC
- Shell
Highlights of The Aviation Grease 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:
- Aviation Gas Turbine Engine Lubricants
- Aviation Piston Engine Lubricants
- By Application:
- Large Jets
- Piston Engine Aircraft
- Business Jets and Turboprops
- Helicopters
- 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 Aviation Grease 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
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- 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?
Aviation grease is a type of lubricant used in aircraft. It is made up of a variety of oils and waxes, and it helps to keep the moving parts of an airplane working smoothly. Aviation grease can also help to prevent corrosion on metal parts.
Some of the major players in the aviation grease market are Shell, Total Lubricants, ExxonMobil, Eastman, CNPC, Shell.
The aviation grease market is expected to grow at a compound annual growth rate of 5.1%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Aviation Grease Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Aviation Grease Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Aviation Grease Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Aviation Grease Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Aviation Grease Market Size & Forecast, 2018-2028
4.5.1 Aviation Grease Market Size and Y-o-Y Growth
4.5.2 Aviation Grease Market Absolute $ Opportunity
Chapter 5 Global Aviation Grease Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Aviation Grease Market Size Forecast by Type
5.2.1 Aviation Gas Turbine Engine Lubricants
5.2.2 Aviation Piston Engine Lubricants
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Aviation Grease Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Aviation Grease Market Size Forecast by Applications
6.2.1 Large Jets
6.2.2 Piston Engine Aircraft
6.2.3 Business Jets and Turboprops
6.2.4 Helicopters
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Aviation Grease Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Aviation Grease Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Aviation Grease Analysis and Forecast
9.1 Introduction
9.2 North America Aviation Grease Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Aviation Grease Market Size Forecast by Type
9.6.1 Aviation Gas Turbine Engine Lubricants
9.6.2 Aviation Piston Engine Lubricants
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Aviation Grease Market Size Forecast by Applications
9.10.1 Large Jets
9.10.2 Piston Engine Aircraft
9.10.3 Business Jets and Turboprops
9.10.4 Helicopters
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Aviation Grease Analysis and Forecast
10.1 Introduction
10.2 Europe Aviation Grease Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Aviation Grease Market Size Forecast by Type
10.6.1 Aviation Gas Turbine Engine Lubricants
10.6.2 Aviation Piston Engine Lubricants
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Aviation Grease Market Size Forecast by Applications
10.10.1 Large Jets
10.10.2 Piston Engine Aircraft
10.10.3 Business Jets and Turboprops
10.10.4 Helicopters
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Aviation Grease Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Aviation Grease Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Aviation Grease Market Size Forecast by Type
11.6.1 Aviation Gas Turbine Engine Lubricants
11.6.2 Aviation Piston Engine Lubricants
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Aviation Grease Market Size Forecast by Applications
11.10.1 Large Jets
11.10.2 Piston Engine Aircraft
11.10.3 Business Jets and Turboprops
11.10.4 Helicopters
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Aviation Grease Analysis and Forecast
12.1 Introduction
12.2 Latin America Aviation Grease Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Aviation Grease Market Size Forecast by Type
12.6.1 Aviation Gas Turbine Engine Lubricants
12.6.2 Aviation Piston Engine Lubricants
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Aviation Grease Market Size Forecast by Applications
12.10.1 Large Jets
12.10.2 Piston Engine Aircraft
12.10.3 Business Jets and Turboprops
12.10.4 Helicopters
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Aviation Grease Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Aviation Grease Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Aviation Grease Market Size Forecast by Type
13.6.1 Aviation Gas Turbine Engine Lubricants
13.6.2 Aviation Piston Engine Lubricants
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Aviation Grease Market Size Forecast by Applications
13.10.1 Large Jets
13.10.2 Piston Engine Aircraft
13.10.3 Business Jets and Turboprops
13.10.4 Helicopters
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Aviation Grease Market: Competitive Dashboard
14.2 Global Aviation Grease Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Shell
14.3.2 Total Lubricants
14.3.3 ExxonMobil
14.3.4 Eastman
14.3.5 CNPC
14.3.6 Shell
