Market Overview:
The global plastic lubricants (grease) market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for plastic lubricants in various applications, such as automotives, steel, mining, and others. Inorganic greases are expected to dominate the market during the forecast period owing to their properties such as high thermal stability and resistance against oxidation.
 Industry Outlook.svg)
Product Definition:
A plastic lubricant is a type of grease that is used to reduce friction between two objects. It is important because it can help increase the lifespan of an object by reducing wear and tear.
Inorganic:
Inorganic, it's usage and growth factor in Plastic Lubricants (Grease) market is driven by the growing demand for plastic lubricants from various end-use industries. The automotive industry has witnessed significant growth over the past few years due to increasing population coupled with rising disposable income levels. This trend is expected to continue over the forecast period thus driving demand for plastic lubricant greases such as inorganic grease.
Organic:
The global organic market is expected to witness significant growth over the forecast period. The demand for organic products in various industries such as food & beverages, pharmaceuticals, personal care & cosmetics and automotive is projected to boost the market growth. Rising health awareness among consumers has resulted in increased consumption of natural and organic foods which will augment product demand over the next seven years.
Application Insights:
Automotives was the largest application segment in 2017 and is projected to witness significant growth over the forecast period. Rising disposable income, increasing purchasing power and changing lifestyle have led to an increase in demand for vehicles among all age groups of a population. This trend has resulted in growing automotive industry across the world which, subsequently, will boost product demand over the next eight years.
The steel industry is one of the major consumers of these products as they help maintain equipment performance while reducing costs associated with downtime and maintenance activities. The mining sector uses these products to enhance productivity as well as reduce operational costs through reduction in oil changes & filter replacements along with increased machine life expectancy & reliability on minesites worldwide due to advancements made possible by plastics being used throughout machinery components since their introduction into mining applications more than 50 years ago.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing rapid growth in automotive production, especially in China and India, which is likely to have a positive impact on market growth. In addition, increasing industrial activities along with growing population are projected to drive demand for plastic lubricants over the forecast period.
Europe was estimated as the second-largest regional segment followed by North America owing to high product consumption of greases based on mineral oils mainly for use in mining industry due to low cost of raw materials used for manufacturing steel products coupled with favorable government regulations aimed at promoting domestic metal manufacturing industry are some factors responsible for driving demand over past few years. However, stringent environmental regulations by EPA regarding synthetic oil usage may pose a challenge to manufacturers operating within Europe region thereby affecting overall market growth during future period.
Growth Factors:
- Increasing demand from automotive and industrial sectors
- Rising awareness about the benefits of using plastic lubricants over traditional lubricants
- Technological advancements in the production of plastic lubricants
- Growing demand for eco-friendly products
- Rising disposable income and changing lifestyle trends
Scope Of The Report
Report Attributes
Report Details
Report Title
Plastic Lubricants (Grease) Market Research Report
By Type
Inorganic, Organic
By Application
Automotives, Steel, Mining, Other
By Companies
Shell Plc, Sinopec Corporation, Fuchs Petrolub SE, BP Plc, Petronas, Exxon Mobil Corporation, Total Lubricants, Axel Christiernsson, Chevron, LUKOIL
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
166
Number of Tables & Figures
117
Customization Available
Yes, the report can be customized as per your need.
Global Plastic Lubricants (Grease) Market Report Segments:
The global Plastic Lubricants (Grease) market is segmented on the basis of:
Types
Inorganic, Organic
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
Automotives, Steel, Mining, Other
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 Plc
- Sinopec Corporation
- Fuchs Petrolub SE
- BP Plc
- Petronas
- Exxon Mobil Corporation
- Total Lubricants
- Axel Christiernsson
- Chevron
- LUKOIL
 Market Overview.svg)
Highlights of The Plastic Lubricants (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:
- Inorganic
- Organic
- By Application:
- Automotives
- Steel
- Mining
- Other
- 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 Plastic Lubricants (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
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
 Market Statistics.svg)
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?
Plastic lubricants are a type of grease that is used to reduce friction between two surfaces. They are often used in machines and equipment that move or rotate, such as pumps and turbines.
Some of the key players operating in the plastic lubricants (grease) market are Shell Plc, Sinopec Corporation, Fuchs Petrolub SE, BP Plc, Petronas, Exxon Mobil Corporation, Total Lubricants, Axel Christiernsson, Chevron, LUKOIL.
The plastic lubricants (grease) 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 Plastic Lubricants (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 Plastic Lubricants (Grease) Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Plastic Lubricants (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 Plastic Lubricants (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 Plastic Lubricants (Grease) Market Size & Forecast, 2018-2028
4.5.1 Plastic Lubricants (Grease) Market Size and Y-o-Y Growth
4.5.2 Plastic Lubricants (Grease) Market Absolute $ Opportunity
Chapter 5 Global Plastic Lubricants (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 Plastic Lubricants (Grease) Market Size Forecast by Type
5.2.1 Inorganic
5.2.2 Organic
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Plastic Lubricants (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 Plastic Lubricants (Grease) Market Size Forecast by Applications
6.2.1 Automotives
6.2.2 Steel
6.2.3 Mining
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Plastic Lubricants (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 Plastic Lubricants (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 Plastic Lubricants (Grease) Analysis and Forecast
9.1 Introduction
9.2 North America Plastic Lubricants (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 Plastic Lubricants (Grease) Market Size Forecast by Type
9.6.1 Inorganic
9.6.2 Organic
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 Plastic Lubricants (Grease) Market Size Forecast by Applications
9.10.1 Automotives
9.10.2 Steel
9.10.3 Mining
9.10.4 Other
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 Plastic Lubricants (Grease) Analysis and Forecast
10.1 Introduction
10.2 Europe Plastic Lubricants (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 Plastic Lubricants (Grease) Market Size Forecast by Type
10.6.1 Inorganic
10.6.2 Organic
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 Plastic Lubricants (Grease) Market Size Forecast by Applications
10.10.1 Automotives
10.10.2 Steel
10.10.3 Mining
10.10.4 Other
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 Plastic Lubricants (Grease) Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Plastic Lubricants (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 Plastic Lubricants (Grease) Market Size Forecast by Type
11.6.1 Inorganic
11.6.2 Organic
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 Plastic Lubricants (Grease) Market Size Forecast by Applications
11.10.1 Automotives
11.10.2 Steel
11.10.3 Mining
11.10.4 Other
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 Plastic Lubricants (Grease) Analysis and Forecast
12.1 Introduction
12.2 Latin America Plastic Lubricants (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 Plastic Lubricants (Grease) Market Size Forecast by Type
12.6.1 Inorganic
12.6.2 Organic
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 Plastic Lubricants (Grease) Market Size Forecast by Applications
12.10.1 Automotives
12.10.2 Steel
12.10.3 Mining
12.10.4 Other
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) Plastic Lubricants (Grease) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Plastic Lubricants (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) Plastic Lubricants (Grease) Market Size Forecast by Type
13.6.1 Inorganic
13.6.2 Organic
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) Plastic Lubricants (Grease) Market Size Forecast by Applications
13.10.1 Automotives
13.10.2 Steel
13.10.3 Mining
13.10.4 Other
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 Plastic Lubricants (Grease) Market: Competitive Dashboard
14.2 Global Plastic Lubricants (Grease) Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Shell Plc
14.3.2 Sinopec Corporation
14.3.3 Fuchs Petrolub SE
14.3.4 BP Plc
14.3.5 Petronas
14.3.6 Exxon Mobil Corporation
14.3.7 Total Lubricants
14.3.8 Axel Christiernsson
14.3.9 Chevron
14.3.10 LUKOIL
