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Global Lithium Grease Market 2022
Lithium grease is the most commonly used lubricating grease around the globe – accounting for 75% of lubricating applications across all industries. It demonstrates excellent water resistance and high temperature resistance. This dual capability means it has largely displaced traditional sodium and calcium based greases. According to StrategyHelix, the global lithium grease market is expected to increase by US$ 841.2 million during 2022-2028, expanding at a CAGR of 4.8% during the forecast period.
The report provides up-to-date market size data for period 2018-2021 and forecast to 2028 covering key market aspects like sales value for lithium grease. The global lithium grease market is segmented on the basis of product, thickener, end user, and region. Based on product, the global lithium grease market is categorized into general purpose greases, heavy duty greases. On the basis of thickener, the global lithium grease market has been segmented into lithium complex greases, simple lithium greases. The simple lithium greases segment held the largest share of the global lithium grease market in 2021 and is anticipated to hold its share during the forecast period. By end user, the global lithium grease market has been segmented into automotive and transportation, building and construction, general manufacturing, mining, others. In 2021, the automotive and transportation segment made up the largest share of revenue generated by the lithium grease market. Geographically, the global lithium grease market is segmented into North America, Asia Pacific, Europe, Rest of the World (ROW).
The global lithium grease market is highly competitive. The lithium grease market is dominated by key players, which are Chevron Corporation, China Petroleum & Chemical Corporation (Sinopec), ENEOS Holdings Inc., Eni S.p.A., ExxonMobil Corporation, Fuchs Petrolub SE, Petroliam Nasional Berhad, PJSC Rosneft Oil Company, PT Pertamina, Shell plc, The Phillips 66 Company, TotalEnergies SE, Valvoline Inc.
The report is an invaluable resource for companies and organizations active in this industry. It provides a cohesive picture of the lithium grease market to help drive informed decision making for industry executives, policy makers, academic, and analysts.
Product: general purpose greases, heavy duty greases
Thickener: lithium complex greases, simple lithium greases
End user: automotive and transportation, building and construction, general manufacturing, mining, others
Region: North America, Asia Pacific, Europe, Rest of the World (ROW)
Years considered: this report covers the period 2018 to 2028
Key Benefits for Stakeholders
– Get a comprehensive picture of the global lithium grease market
– Pinpoint growth sectors and trends for investment
Table of Contents
Part 1. Introduction
– Scope of the study
– Study period
– Geographical scope
– Research methodology
Part 2. Lithium grease market overview
Part 3. Market breakdown by product
– General purpose greases
– Heavy duty greases
Part 4. Market breakdown by thickener
– Lithium complex greases
– Simple lithium greases
Part 5. Market breakdown by end user
– Automotive and transportation
– Building and construction
– General manufacturing
Part 6. Market breakdown by region
– North America
– Asia Pacific
– Rest of the World (ROW)
Part 7. Key companies
– Chevron Corporation
– China Petroleum & Chemical Corporation (Sinopec)
– ENEOS Holdings, Inc.
– Eni S.p.A.
– ExxonMobil Corporation
– Fuchs Petrolub SE
– Petroliam Nasional Berhad
– PJSC Rosneft Oil Company
– PT Pertamina
– Shell plc
– The Phillips 66 Company
– TotalEnergies SE
– Valvoline Inc.