Market Overview:
The global grease resin market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for grease resins from various end-use industries, such as food and beverages, pharmaceuticals and nutraceuticals, personal care products, and feed. In addition, the growing awareness about the benefits of using grease resins is also contributing to the growth of this market. Based on type, leaves are projected to be the fastest-growing segment of the global grease resin market during the forecast period. This can be attributed to their high antioxidant content that helps in inhibiting lipid oxidation in foods and beverages. Moreover, leaves are also rich in essential nutrients that help improve human health.
Product Definition:
A grease resin is a synthetic resin used in lubricating oils, typically as the base oil for extreme pressure additives. It is a high-viscosity liquid that resists shear and oxidation and helps to protect metal surfaces from wear.
Leaves:
Leaves is a by-product obtained during the manufacturing of greases. It contains several valuable ingredients such as sterols, tannins and phenolic compounds which are used in various end-use industries including construction, paints & coatings and personal care industry.
The global leaves market size was estimated at USD 1.10 billion in 2016 on account of its increasing application scope in pharmaceuticals, cosmetics.
Seeds:
Seeds are the female organs of a plant. The seeds contain food reserves and also provide energy for the growth of plants. There are various types of seeds such as grain, oil, and corn which is used in different products including bakery items, snacks & cereals and beverages. Seeds can be processed after harvesting to extract oil which is further used in various applications like cooking etc.
Application Insights:
The food and beverage application segment led the global market in 2017. The product is widely used in this application to provide lubrication for various machinery components, such as extruders, tubes and pipes during the processing of cereals, sugar confectionery products, dairy products (butter), oils and fats.
The personal care products are expected to be the fastest-growing segment over the forecast period owing to increasing demand for cosmetics including hair care formulations that use greases as emulsifiers. In addition, rising consumer awareness regarding healthy skin is likely to boost product demand over the next few years. Other applications include pharmaceuticals & nutraceuticals and feed industries.
Regional Analysis:
Europe was the largest market for global greases and accounted for 35.8% of the total revenue in 2017. The region is expected to dominate the industry over the forecast period owing to high product demand from various application industries, including automotive, construction, and food processing. In addition, presence of major automobile manufacturers such as BMW Group; Fiat Chrysler Automobiles N.V.; Ford Motor Company; Mercedes-Benz AG; Porsche AG; Volkswagen Group A GmbH & Co., Ltd.
Asia Pacific is projected to be one of fastest growing regions with a CAGR exceeding 5% during the forecast period owing to rapid industrialization along with increasing population in countries such as China.
Growth Factors:
- Increasing demand from end-use industries such as automotive and construction
- Rising awareness about the benefits of grease resins over traditional lubricants
- Growing investments in research and development to develop new products and applications
- Expansion of distribution networks by key players to cater to the growing demand for grease resins globally
- Emergence of greases with enhanced properties such as high temperature stability, low volatility, etc., which is expected to boost the market growth in the coming years
Scope Of The Report
Report Attributes
Report Details
Report Title
Grease Resin Market Research Report
By Type
Leaves, Seeds, Flowers, Roots, Berries
By Application
Food and Beverages, Pharmaceuticals and Nutraceuticals, Personal Care Products, Feed
By Companies
Akay Group, Kancor Ingredients, Vidya Herbs Private Limited, PT Indesso Aroma, Givaudan, AVT Naturals, Plant Lipids, Kalsec, Gazignaire
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
202
Number of Tables & Figures
142
Customization Available
Yes, the report can be customized as per your need.
Global Grease Resin Market Report Segments:
The global Grease Resin market is segmented on the basis of:
Types
Leaves, Seeds, Flowers, Roots, Berries
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
Food and Beverages, Pharmaceuticals and Nutraceuticals, Personal Care Products, Feed
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:
- Akay Group
- Kancor Ingredients
- Vidya Herbs Private Limited
- PT Indesso Aroma
- Givaudan
- AVT Naturals
- Plant Lipids
- Kalsec
- Gazignaire
Highlights of The Grease Resin 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:
- Leaves
- Seeds
- Flowers
- Roots
- Berries
- By Application:
- Food and Beverages
- Pharmaceuticals and Nutraceuticals
- Personal Care Products
- Feed
- 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 Grease Resin 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?
Grease Resin is a type of resin that is used to coat metal surfaces. It is also known as "gasketing" resin because it helps to seal gaps and joints in metal surfaces. Grease Resin can be used to coat the exterior of tools, machines, or other equipment that will come into contact with oil or grease.
Some of the key players operating in the grease resin market are Akay Group, Kancor Ingredients, Vidya Herbs Private Limited, PT Indesso Aroma, Givaudan, AVT Naturals, Plant Lipids, Kalsec, Gazignaire.
The grease resin market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Grease Resin 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 Grease Resin Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Grease Resin 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 Grease Resin 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 Grease Resin Market Size & Forecast, 2020-2028
4.5.1 Grease Resin Market Size and Y-o-Y Growth
4.5.2 Grease Resin Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Leaves
5.2.2 Seeds
5.2.3 Flowers
5.2.4 Roots
5.2.5 Berries
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Food and Beverages
6.2.2 Pharmaceuticals and Nutraceuticals
6.2.3 Personal Care Products
6.2.4 Feed
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Grease Resin 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 Grease Resin 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Leaves
9.6.2 Seeds
9.6.3 Flowers
9.6.4 Roots
9.6.5 Berries
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 Market Size Forecast by Applications
9.10.1 Food and Beverages
9.10.2 Pharmaceuticals and Nutraceuticals
9.10.3 Personal Care Products
9.10.4 Feed
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Leaves
10.6.2 Seeds
10.6.3 Flowers
10.6.4 Roots
10.6.5 Berries
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 Market Size Forecast by Applications
10.10.1 Food and Beverages
10.10.2 Pharmaceuticals and Nutraceuticals
10.10.3 Personal Care Products
10.10.4 Feed
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Leaves
11.6.2 Seeds
11.6.3 Flowers
11.6.4 Roots
11.6.5 Berries
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 Market Size Forecast by Applications
11.10.1 Food and Beverages
11.10.2 Pharmaceuticals and Nutraceuticals
11.10.3 Personal Care Products
11.10.4 Feed
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Leaves
12.6.2 Seeds
12.6.3 Flowers
12.6.4 Roots
12.6.5 Berries
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 Market Size Forecast by Applications
12.10.1 Food and Beverages
12.10.2 Pharmaceuticals and Nutraceuticals
12.10.3 Personal Care Products
12.10.4 Feed
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Leaves
13.6.2 Seeds
13.6.3 Flowers
13.6.4 Roots
13.6.5 Berries
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) Market Size Forecast by Applications
13.10.1 Food and Beverages
13.10.2 Pharmaceuticals and Nutraceuticals
13.10.3 Personal Care Products
13.10.4 Feed
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 Grease Resin Market: Competitive Dashboard
14.2 Global Grease Resin Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Akay Group
14.3.2 Kancor Ingredients
14.3.3 Vidya Herbs Private Limited
14.3.4 PT Indesso Aroma
14.3.5 Givaudan
14.3.6 AVT Naturals
14.3.7 Plant Lipids
14.3.8 Kalsec
14.3.9 Gazignaire
