Quick Summary:
Understanding the dynamics and intricacies of the global high temperature greases market can be quite complex. The High Temperature Greases market report offers an extensive and detailed analysis of this sector, providing fundamental understanding into value chains, market trends, growth vectors, and challenges. This expert report, estimated at US$30 billion for 2022, projects a climbing reach to US$45.3 billion by the year 2030. A segment analysis within the report identifies Soap Thickeners as a key player, projected to reach US$21.4 Billion.
Even more, the report delivers in-depth geographic market insights, spotlighting economic powerhouses like the US and China. Opportunities are ripe across these markets, with the US market estimated at a staggering US$9 billion in 2022 and China presenting a growth trajectory of 5% till 2030. With solid research data at your fingertips, you can confidently make informed strategic decisions, gaining a competitive edge in the High Temperature Greases Market.
The report also features a comprehensive analysis of top competitors, with a total of 42 entities featured, giving you a clear understanding of market presence across multiple geographies, and insights on global competitiveness and key competitor percentage market shares. Plus, our online interactive peer-to-peer collaborative bespoke updates and access to digital archives and research platforms provide an extra layer of support, with one-year complimentary updates.
Global High Temperature Greases Market to Reach $45.3 Billion by 2030
The global market for High Temperature Greases estimated at US$30 Billion in the year 2022, is projected to reach a revised size of US$45.3 Billion by 2030, growing at a CAGR of 5.3% over the analysis period 2022-2030. Soap Thickeners, one of the segments analyzed in the report, is projected to record 5.2% CAGR and reach US$21.4 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Non-Soap Thickeners segment is readjusted to a revised 5.8% CAGR for the next 8-year period.
The U.S. Market is Estimated at $9 Billion, While China is Forecast to Grow at 5% CAGR
The High Temperature Greases market in the U.S. is estimated at US$9 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$7.9 Billion by the year 2030 trailing a CAGR of 5% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.8% and 4.4% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 5.1% CAGR.Select Competitors (Total 42 Featured) -
- BP PLC
- Chevron Corporation
- China Petroleum & Chemical Corporation (SINOPEC)
- Dow, Inc.
- DuPont de Nemours, Inc.
- Exxon Mobil Corporation
- Fuchs Petrolub SE
- Petroliam Nasional Berhad (PETRONAS)
- Royal Dutch Shell PLC
- The Lubrizol Corporation
- Total SA
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
What is the estimated value of the Global Market for High Temperature Greases?
What is the growth rate of the Global Market for High Temperature Greases?
What is the forecasted size of the Global Market for High Temperature Greases?
Who are the key companies in the Global Market for High Temperature Greases?
| Report Attribute | Details |
|---|---|
| No. of Pages | 194 |
| Published | December 2023 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value ( USD | $ 30 Billion |
| Forecasted Market Value ( USD | $ 45.3 Billion |
| Compound Annual Growth Rate | 5.3% |
| Regions Covered | Global |
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- BP PLC
- Chevron Corporation
- China Petroleum & Chemical Corporation (SINOPEC)
- Dow, Inc.
- DuPont de Nemours, Inc.
- Exxon Mobil Corporation
- Fuchs Petrolub SE
- Petroliam Nasional Berhad (PETRONAS)
- Royal Dutch Shell PLC
- The Lubrizol Corporation
- Total SA
