Market Overview:
The global vacuum 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 vacuum grease in laboratory & industrial equipment, food processing, pharmaceuticals, aerospace/aviation and other applications. Additionally, the growing demand for silicone-based vacuum greases is also contributing to the growth of this market. However, volatility in prices of raw materials used in manufacturing vacuum greases may restrain the growth of this market to some extent during the forecast period.
Product Definition:
A vacuum grease is a type of lubricant that is used in vacuum systems. It has a high viscosity and low volatility, which means that it does not evaporate easily. This makes it ideal for use in applications where there is a risk of the lubricant being exposed to air. Vacuum grease helps to prevent the formation of air bubbles in the system, which can interfere with its operation.
Fluorocarbon-based vacuum grease:
Fluorocarbon-based vacuum grease is a fluoropolymer-based compound, which has excellent resistance to oxidation and high thermal stability. It also offers low friction coefficient and good lubricity under extreme temperature conditions. Fluorocarbon based products are used in the electronics industry as they offer superior performance in harsh environments.
Hydrocarbon-based vacuum grease:
Hydrocarbon-based vacuum grease is a type of lubricant used in the manufacturing of vacuum cleaners. It is also known as petrochemical grease, which consists of hydrocarbons and polyethers. Hydrocarbon-based products are widely used to reduce friction between surfaces, thus making the movement easier for machines operating in high temperatures or under high vacuum conditions. The product offers excellent thermal stability and helps prevent equipment corrosion due to oxidation when exposed to air or oxygen.
Application Insights:
The laboratory & industrial equipment segment dominated the global vacuum grease market in 2017 and is expected to witness significant growth over the forecast period. This can be attributed to increasing demand for high-precision equipment in various industries, such as pharmaceutical, food processing and chemical. In addition, factors such as growing investments by foreign companies in developing countries of Asia Pacific and Latin America are likely to boost product demand over the next eight years.
Food processing application accounted for 15% of overall market share in 2017 owing to its non-sticky nature that helps maintain surfaces clean while preventing adhesion of dirt or particles during washing or cleaning process using water spray or jetting system. In addition, vacuum grease is used across a wide range of food processing applications including bakery products like pastries and breads along with confectionery items like chocolates on account of their properties that help prevent contamination from other ingredients during preparation process at manufacturing unit level.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to rising product demand from various end-use industries, such as aerospace & aviation, food processing, pharmaceuticals and laboratory equipment. China is one of the largest markets for vacuum grease in Asia Pacific due to high labor costs in other countries coupled with low manufacturing cost associated with this product.
The Latin American market also presents significant opportunities for industry participants owing to increasing number of contract agreements between multinational companies based out of Latin America and local manufacturers operating within these companies’ plants located throughout Brazil, Mexico and Argentina. These factors are anticipated to boost regional growth over the next eight years.
Growth Factors:
- Increasing demand from the automotive and transportation industry for vacuum grease to reduce friction and wear between moving parts.
- Growing popularity of vacuum grease in metalworking applications to prevent seizing, galling, and scoring of metals parts due to heat and friction.
- Rising demand for vacuum grease in food processing industry as a lubricant for conveyor belts, augers, screws, etc., that come into contact with food products.
- Increasing use of vacuum grease in semiconductor manufacturing processes to improve equipment reliability by reducing wear and tear on critical components such as pumps and valves .
Scope Of The Report
Report Attributes
Report Details
Report Title
Vacuum Grease Market Research Report
By Type
Fluorocarbon-based vacuum grease, Hydrocarbon-based vacuum grease, Silicone-based vacuum grease
By Application
Laboratory & Industrial Equipment, Food Processing, Pharmaceuticals, Aerospace/Aviation, Others
By Companies
DOW Corning, Chemours, M&I Materials, Solvay, Castrol, Kluber, Fuchs, Inland Vacuum, Ulvac, Santolubes, DOW Corning, Mpt Industries
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
212
Number of Tables & Figures
149
Customization Available
Yes, the report can be customized as per your need.
Global Vacuum Grease Market Report Segments:
The global Vacuum Grease market is segmented on the basis of:
Types
Fluorocarbon-based vacuum grease, Hydrocarbon-based vacuum grease, Silicone-based vacuum grease
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
Laboratory & Industrial Equipment, Food Processing, Pharmaceuticals, Aerospace/Aviation, 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
- Chemours
- M&I Materials
- Solvay
- Castrol
- Kluber
- Fuchs
- Inland Vacuum
- Ulvac
- Santolubes
- DOW Corning
- Mpt Industries
Highlights of The 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:
- Fluorocarbon-based vacuum grease
- Hydrocarbon-based vacuum grease
- Silicone-based vacuum grease
- By Application:
- Laboratory & Industrial Equipment
- Food Processing
- Pharmaceuticals
- Aerospace/Aviation
- 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 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.
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?
Vacuum grease is a type of lubricant used in vacuum cleaners. It is made up of oil and wax, and it helps to reduce friction between the parts of the vacuum cleaner. Vacuum grease can also help to keep the motor running smoothly.
Some of the key players operating in the vacuum grease market are DOW Corning, Chemours, M&I Materials, Solvay, Castrol, Kluber, Fuchs, Inland Vacuum, Ulvac, Santolubes, DOW Corning, Mpt Industries.
The vacuum grease market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 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 Vacuum Grease Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 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 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 Vacuum Grease Market Size & Forecast, 2020-2028
4.5.1 Vacuum Grease Market Size and Y-o-Y Growth
4.5.2 Vacuum Grease 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 Fluorocarbon-based vacuum grease
5.2.2 Hydrocarbon-based vacuum grease
5.2.3 Silicone-based vacuum grease
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 Laboratory & Industrial Equipment
6.2.2 Food Processing
6.2.3 Pharmaceuticals
6.2.4 Aerospace/Aviation
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global 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 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 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 Fluorocarbon-based vacuum grease
9.6.2 Hydrocarbon-based vacuum grease
9.6.3 Silicone-based vacuum grease
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 Laboratory & Industrial Equipment
9.10.2 Food Processing
9.10.3 Pharmaceuticals
9.10.4 Aerospace/Aviation
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 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 Fluorocarbon-based vacuum grease
10.6.2 Hydrocarbon-based vacuum grease
10.6.3 Silicone-based vacuum grease
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 Laboratory & Industrial Equipment
10.10.2 Food Processing
10.10.3 Pharmaceuticals
10.10.4 Aerospace/Aviation
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 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 Fluorocarbon-based vacuum grease
11.6.2 Hydrocarbon-based vacuum grease
11.6.3 Silicone-based vacuum grease
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 Laboratory & Industrial Equipment
11.10.2 Food Processing
11.10.3 Pharmaceuticals
11.10.4 Aerospace/Aviation
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 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 Fluorocarbon-based vacuum grease
12.6.2 Hydrocarbon-based vacuum grease
12.6.3 Silicone-based vacuum grease
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 Laboratory & Industrial Equipment
12.10.2 Food Processing
12.10.3 Pharmaceuticals
12.10.4 Aerospace/Aviation
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) 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 Fluorocarbon-based vacuum grease
13.6.2 Hydrocarbon-based vacuum grease
13.6.3 Silicone-based vacuum grease
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 Laboratory & Industrial Equipment
13.10.2 Food Processing
13.10.3 Pharmaceuticals
13.10.4 Aerospace/Aviation
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 Vacuum Grease Market: Competitive Dashboard
14.2 Global Vacuum Grease Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 DOW Corning
14.3.2 Chemours
14.3.3 M&I Materials
14.3.4 Solvay
14.3.5 Castrol
14.3.6 Kluber
14.3.7 Fuchs
14.3.8 Inland Vacuum
14.3.9 Ulvac
14.3.10 Santolubes
14.3.11 DOW Corning
14.3.12 Mpt Industries
