Market Overview:
The global rail 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 railway transportation across the globe and rising investments in railway infrastructure projects. The other factors that are driving the growth of this market include technological advancements, growing awareness about safety and security measures, and increasing demand for eco-friendly products. The global rail grease market is segmented on the basis of type, application, and region. On the basis of type, it is divided into lithium grease, calcium crease, and other greases. Lithium grease held a major share of this market in 2017 owing to its superior properties such as high temperature resistance and low volatility. By application, it is segmented into rail curves, rail switch plates & turnouts bearings & wheels Others).
Product Definition:
Rail grease is a type of lubricant that is specifically designed for use on railroad tracks. Rail grease helps to keep the tracks clean and free of dirt and debris, which can cause problems with train operations.
Lithium Grease:
Lithium grease is a lithium-based grease, which has high thermal stability and low volatility. It provides excellent protection to metal-to-metal surfaces in extreme conditions of temperature and pressure. It is used as an anti-friction agent for the reduction of friction between two surfaces that are moving relative to each other or against each other.
Calcium Crease:
Calcium crease is a thickening agent that increases the viscosity of grease and allows it to adhere more securely to the rail. It is added in powdered or pellet form for better distribution and less contamination of grease on hands. Calcium crease acts as an anti-caking agent by breaking down lumps so that they are easier to remove during filtration through a cloth filter or paper towel.
Application Insights:
The others application segment includes general industrial applications. Other general industrial applications include automotive, construction and mining machinery. Rail switch plates and turnout related equipment is anticipated to be the fastest growing segment over the forecast period owing to increasing number of rail projects in various countries across the world.
Rail switch plates and turnouts are used for a variety of functions including switching locomotive direction at a junction, operating railway signals for stop or go traffic control at an intersection or along a trackside bank, as well as providing lubrication relief for wear & tear on moving parts such as cams & gearboxes in turnout mechanism. The growth of railway infrastructure coupled with rising demand from end-use industries is expected to drive industry expansion over the coming years.
Regional Analysis:
The industry in Europe is expected to witness considerable growth over the forecast period owing to the presence of major rail infrastructure projects such as High-Speed Rail (HSR) and Maglev. The region accounted for a share of over 30% in 2016, which can be attributed to increasing investments in HSR and maglev projects across China. In addition, rising demand for high-speed trains is anticipated to drive the market growth across this region.
Asia Pacific was estimated as the largest regional market with a revenue share of more than 35% in 2016 owing to increasing passenger traffic on railways coupled with growing industrialization and urbanization across various countries including China, India, Japan, South Korea & Taiwan. Increasing use of railways for transportation has led governments across these countries towards modernization & expansion projectsof railway infrastructure which is further expectedto boost product demand during the forecast period in Asia Pacific rail grease market by 2030).
In terms of volume consumption.
Growth Factors:
- Increasing demand for rail transportation across the globe
- Growing investments in railway infrastructure
- Proliferation of high-speed railways networks
- Rising demand for rail greases from the mining and construction industries
- Technological advancements in rail grease formulations
Scope Of The Report
Report Attributes
Report Details
Report Title
Rail Grease Market Research Report
By Type
Lithium Grease, Calcium Crease, Other Grease
By Application
Rail Curves, Rail Switch Plates and Turnouts, Bearings & Wheels, Others
By Companies
Shell, Exxon Mobil, BP, Chevron, Total, SKF, CITGO, Fuchs, Petro-Canada, Timken, Kyodo Yushi, Lukoil, Plews/Edelmann, Klueber, Sinopec, CNPC, CRM, Lincoln Industrial
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
249
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Rail Grease Market Report Segments:
The global Rail Grease market is segmented on the basis of:
Types
Lithium Grease, Calcium Crease, Other 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
Rail Curves, Rail Switch Plates and Turnouts, Bearings & Wheels, 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:
- Shell
- Exxon Mobil
- BP
- Chevron
- Total
- SKF
- CITGO
- Fuchs
- Petro-Canada
- Timken
- Kyodo Yushi
- Lukoil
- Plews/Edelmann
- Klueber
- Sinopec
- CNPC
- CRM
- Lincoln Industrial
Highlights of The Rail 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:
- Lithium Grease
- Calcium Crease
- Other Grease
- By Application:
- Rail Curves
- Rail Switch Plates and Turnouts
- Bearings & Wheels
- 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 Rail 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
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- 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?
Rail grease is a type of lubricant used on railroad tracks. It is made from petroleum and has a high viscosity.
Some of the major companies in the rail grease market are Shell, Exxon Mobil, BP, Chevron, Total, SKF, CITGO, Fuchs, Petro-Canada, Timken, Kyodo Yushi, Lukoil, Plews/Edelmann, Klueber, Sinopec, CNPC, CRM, Lincoln Industrial.
The rail grease market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Rail Grease Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Rail Grease Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Rail Grease Market - Supply Chain
4.5. Global Rail Grease Market Forecast
4.5.1. Rail Grease Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Rail Grease Market Size (000 Units) and Y-o-Y Growth
4.5.3. Rail Grease Market Absolute $ Opportunity
5. Global Rail Grease Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Rail Grease Market Size and Volume Forecast by Type
5.3.1. Lithium Grease
5.3.2. Calcium Crease
5.3.3. Other Grease
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Rail Grease Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Rail Grease Market Size and Volume Forecast by Application
6.3.1. Rail Curves
6.3.2. Rail Switch Plates and Turnouts
6.3.3. Bearings & Wheels
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Rail Grease Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Rail Grease Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Rail Grease Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Rail Grease Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Rail Grease Demand Share Forecast, 2019-2026
9. North America Rail Grease Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Rail Grease Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Rail Grease Market Size and Volume Forecast by Application
9.4.1. Rail Curves
9.4.2. Rail Switch Plates and Turnouts
9.4.3. Bearings & Wheels
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Rail Grease Market Size and Volume Forecast by Type
9.7.1. Lithium Grease
9.7.2. Calcium Crease
9.7.3. Other Grease
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Rail Grease Demand Share Forecast, 2019-2026
10. Latin America Rail Grease Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Rail Grease Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Rail Grease Market Size and Volume Forecast by Application
10.4.1. Rail Curves
10.4.2. Rail Switch Plates and Turnouts
10.4.3. Bearings & Wheels
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Rail Grease Market Size and Volume Forecast by Type
10.7.1. Lithium Grease
10.7.2. Calcium Crease
10.7.3. Other Grease
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Rail Grease Demand Share Forecast, 2019-2026
11. Europe Rail Grease Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Rail Grease Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Rail Grease Market Size and Volume Forecast by Application
11.4.1. Rail Curves
11.4.2. Rail Switch Plates and Turnouts
11.4.3. Bearings & Wheels
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Rail Grease Market Size and Volume Forecast by Type
11.7.1. Lithium Grease
11.7.2. Calcium Crease
11.7.3. Other Grease
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growt Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Rail Grease Demand Share, 2019-2026
12. Asia Pacific Rail Grease Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Rail Grease Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Rail Grease Market Size and Volume Forecast by Application
12.4.1. Rail Curves
12.4.2. Rail Switch Plates and Turnouts
12.4.3. Bearings & Wheels
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Rail Grease Market Size and Volume Forecast by Type
12.7.1. Lithium Grease
12.7.2. Calcium Crease
12.7.3. Other Grease
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Rail Grease Demand Share, 2019-2026
13. Middle East & Africa Rail Grease Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Rail Grease Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Rail Grease Market Size and Volume Forecast by Application
13.4.1. Rail Curves
13.4.2. Rail Switch Plates and Turnouts
13.4.3. Bearings & Wheels
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Rail Grease Market Size and Volume Forecast by Type
13.7.1. Lithium Grease
13.7.2. Calcium Crease
13.7.3. Other Grease
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Rail Grease Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Rail Grease Market: Market Share Analysis
14.2. Rail Grease Distributors and Customers
14.3. Rail Grease Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Shell
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Exxon Mobil
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. BP
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Chevron
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Total
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. SKF
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. CITGO
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Fuchs
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Petro-Canada
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Timken
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Kyodo Yushi
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Lukoil
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Plews/Edelmann
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Klueber
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Sinopec
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. CNPC
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. CRM
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Lincoln Industrial
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
