Market Overview:
The global hydrocarbon-based vacuum grease market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X% during the forecast period. The market growth can be attributed to the increasing demand for hydrocarbon-based vacuum greases from various end-use industries such as automotive, food processing, pharmaceuticals, aerospace and others. In terms of type, the global hydrocarbon-based vacuum grease market has been segmented into canned, tubed and others. The canned segment is expected to account for a major share of the global market in 2018. This can be attributed to its easy availability and low cost as compared to other types of hydrocarbon-based vacuum greases. In terms of application, the global hydrocarbon-based vacuum grease market has been segmented into automobile industry, food processing industry, pharmaceuticals industry aerospace industry and others. The automobile sector is expected to account for a major share of the global Hydrocarbons based Vacuum Grease Market in 2018 owingto its growing demand from developing countries across regions such as Asia Pacificand Latin America .
Product Definition:
Hydrocarbon-based vacuum grease is a lubricant that is used in the manufacturing and servicing of vacuum equipment. It is important because it helps to create a tight seal between the moving parts of the vacuum system, which prevents air from leaking out.
Canned:
Canned Vacuum Grease is a hydrocarbon-based grease, which is typically used in the rotary drilling and exploration activities. It helps to reduce friction between drill pipes and the borehole wall, thus making drilling operations more efficient. The product also provides lubrication for various components that are used in these applications including bearings, seals & O-rings, valves & actuators among others.
Tubed:
Tubed is a hydrocarbon-based vacuum grease, which is widely used in the Vacuum Grease market. It has high thermal stability and low volatility which makes it suitable for use in vacuum systems. Tubed product can withstand high temperatures and provides reliable protection to electrical components, pumps & motors as well as other machine parts that are exposed to heat or fire hazards.
Application Insights:
Automotive was the largest application segment in 2017 and is expected to witness a CAGR of XX% over the forecast period owing to increasing production of passenger cars and commercial vehicles, particularly in China, U.S., India, Brazil and Russia. Hydrocarbon-based vacuum grease is used for lubrication of automotive components including engine assembly, transmission system & drive shafts on account of its high thermal stability property which helps prevent corrosion caused by moisture penetration into metal surfaces at contact point between oil layer and metal surface. Furthermore, it eliminates squeaks caused due to friction between different parts such as car body & chassis or engine & related components resulting in improved overall quality as well as performance attributes leading to increased demand across various end-use industries globally over the coming years.
Regional Analysis:
Asia Pacific dominated the global hydrocarbon-based vacuum grease market in 2017. The region is expected to witness significant growth over the forecast period owing to increasing automotive production and sales, especially in China, India, Japan and South Korea. In addition, rising food processing industry due to growing population will drive demand for vacuum grease products across this region.
The presence of numerous oil & gas reserves across Russia has led this country to be a major consumer as well as producer of hydrocarbon-based lubricants including greases such as canned type vacuum grease which are consumed extensively across various industries including automotive and aerospace etc. However, economic slowdown coupled with geopolitical tensions between major countries such as U.S., Canada and Mexico regarding cross border trade policies may hamper consumption of these products in North America during the forecast period which would result into lower revenue share for this market compared with other regions mentioned above.
Growth Factors:
- Increasing demand for vacuum grease in the automotive and aerospace industries due to its superior lubricating properties.
- Growing popularity of hydrocarbon-based vacuum grease as a replacement for traditional silicone-based products, which are known to cause environmental pollution.
- Rising demand from the electronics industry for use in high-temperature applications such as semiconductor manufacturing and LED lighting.
- Increasing adoption of vacuum grease in medical devices and pharmaceuticals due to its non-toxic and biodegradable properties.
Scope Of The Report
Report Attributes
Report Details
Report Title
Hydrocarbon-based Vacuum Grease Market Research Report
By Type
Canned, Tubed, Others
By Application
Automobile, Food Processing, Pharmaceuticals, Aerospace, Others
By Companies
Dow Corning, The Chemours Company, Solvay, Castrol, Kluber Lubrication, Fuchs Lubritech, Inland Vacuum Industries, Ulvac Technologies, Santolubes, M and I Materials
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
164
Number of Tables & Figures
115
Customization Available
Yes, the report can be customized as per your need.
Global Hydrocarbon-based Vacuum Grease Market Report Segments:
The global Hydrocarbon-based Vacuum Grease market is segmented on the basis of:
Types
Canned, Tubed, Others
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
Automobile, Food Processing, Pharmaceuticals, Aerospace, Others
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:
- Dow Corning
- The Chemours Company
- Solvay
- Castrol
- Kluber Lubrication
- Fuchs Lubritech
- Inland Vacuum Industries
- Ulvac Technologies
- Santolubes
- M and I Materials
Highlights of The Hydrocarbon-based Vacuum 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:
- Canned
- Tubed
- Others
- By Application:
- Automobile
- Food Processing
- Pharmaceuticals
- Aerospace
- Others
- 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 Hydrocarbon-based Vacuum 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.
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- Correctly Positioning New Products
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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?
Hydrocarbon-based vacuum grease is a type of lubricant that is made from hydrocarbons, such as petroleum. It is used to reduce friction and wear in various parts of machinery.
Some of the key players operating in the hydrocarbon-based vacuum grease market are Dow Corning, The Chemours Company, Solvay, Castrol, Kluber Lubrication, Fuchs Lubritech, Inland Vacuum Industries, Ulvac Technologies, Santolubes, M and I Materials.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Hydrocarbon-based Vacuum 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 Hydrocarbon-based Vacuum Grease Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Hydrocarbon-based Vacuum 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 Hydrocarbon-based Vacuum 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 Hydrocarbon-based Vacuum Grease Market Size & Forecast, 2018-2028
4.5.1 Hydrocarbon-based Vacuum Grease Market Size and Y-o-Y Growth
4.5.2 Hydrocarbon-based Vacuum Grease Market Absolute $ Opportunity
Chapter 5 Global Hydrocarbon-based Vacuum 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 Hydrocarbon-based Vacuum Grease Market Size Forecast by Type
5.2.1 Canned
5.2.2 Tubed
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Hydrocarbon-based Vacuum 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 Hydrocarbon-based Vacuum Grease Market Size Forecast by Applications
6.2.1 Automobile
6.2.2 Food Processing
6.2.3 Pharmaceuticals
6.2.4 Aerospace
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Hydrocarbon-based Vacuum 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 Hydrocarbon-based Vacuum 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 Hydrocarbon-based Vacuum Grease Analysis and Forecast
9.1 Introduction
9.2 North America Hydrocarbon-based Vacuum 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 Hydrocarbon-based Vacuum Grease Market Size Forecast by Type
9.6.1 Canned
9.6.2 Tubed
9.6.3 Others
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 Hydrocarbon-based Vacuum Grease Market Size Forecast by Applications
9.10.1 Automobile
9.10.2 Food Processing
9.10.3 Pharmaceuticals
9.10.4 Aerospace
9.10.5 Others
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 Hydrocarbon-based Vacuum Grease Analysis and Forecast
10.1 Introduction
10.2 Europe Hydrocarbon-based Vacuum 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 Hydrocarbon-based Vacuum Grease Market Size Forecast by Type
10.6.1 Canned
10.6.2 Tubed
10.6.3 Others
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 Hydrocarbon-based Vacuum Grease Market Size Forecast by Applications
10.10.1 Automobile
10.10.2 Food Processing
10.10.3 Pharmaceuticals
10.10.4 Aerospace
10.10.5 Others
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 Hydrocarbon-based Vacuum Grease Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Hydrocarbon-based Vacuum 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 Hydrocarbon-based Vacuum Grease Market Size Forecast by Type
11.6.1 Canned
11.6.2 Tubed
11.6.3 Others
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 Hydrocarbon-based Vacuum Grease Market Size Forecast by Applications
11.10.1 Automobile
11.10.2 Food Processing
11.10.3 Pharmaceuticals
11.10.4 Aerospace
11.10.5 Others
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 Hydrocarbon-based Vacuum Grease Analysis and Forecast
12.1 Introduction
12.2 Latin America Hydrocarbon-based Vacuum 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 Hydrocarbon-based Vacuum Grease Market Size Forecast by Type
12.6.1 Canned
12.6.2 Tubed
12.6.3 Others
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 Hydrocarbon-based Vacuum Grease Market Size Forecast by Applications
12.10.1 Automobile
12.10.2 Food Processing
12.10.3 Pharmaceuticals
12.10.4 Aerospace
12.10.5 Others
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) Hydrocarbon-based Vacuum Grease Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Hydrocarbon-based Vacuum 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) Hydrocarbon-based Vacuum Grease Market Size Forecast by Type
13.6.1 Canned
13.6.2 Tubed
13.6.3 Others
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) Hydrocarbon-based Vacuum Grease Market Size Forecast by Applications
13.10.1 Automobile
13.10.2 Food Processing
13.10.3 Pharmaceuticals
13.10.4 Aerospace
13.10.5 Others
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 Hydrocarbon-based Vacuum Grease Market: Competitive Dashboard
14.2 Global Hydrocarbon-based Vacuum Grease Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Dow Corning
14.3.2 The Chemours Company
14.3.3 Solvay
14.3.4 Castrol
14.3.5 Kluber Lubrication
14.3.6 Fuchs Lubritech
14.3.7 Inland Vacuum Industries
14.3.8 Ulvac Technologies
14.3.9 Santolubes
14.3.10 M and I Materials
