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FEATURED COMPANIES
- BP
- Chevron
- Exxon Mobil
- Gulf Oil Marine
- Royal Dutch Shell
- Total
1h Free Analyst Time
Speak directly to the analyst to clarify any post sales queries you may have.
About Marine Grease
Marine grease is a semi-solid material, commonly used to increase the output efficiency of the engine, equipment, and other components by reducing the friction between the revolving mechanical parts. It is extensively used in the maritime industry due to its high working proficiency in high-temperature and high-pressure conditions.
The analysts forecast the global marine grease market to grow at a CAGR of 4.53% during the period 2018-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the global marine grease market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
The report, Global Marine Grease Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
Market drivers
Market challenges
Market trends
Key questions answered in this report
You can request one free hour of the analyst’s time when you purchase this market report. Details are provided within the report.
Marine grease is a semi-solid material, commonly used to increase the output efficiency of the engine, equipment, and other components by reducing the friction between the revolving mechanical parts. It is extensively used in the maritime industry due to its high working proficiency in high-temperature and high-pressure conditions.
The analysts forecast the global marine grease market to grow at a CAGR of 4.53% during the period 2018-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the global marine grease market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA
The report, Global Marine Grease Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
- BP
- Chevron
- Exxon Mobil
- Gulf Oil Marine
- Royal Dutch Shell
- Total
Market drivers
- Growth of the shipbuilding industry
- For a full, detailed list, view the full report
Market challenges
- Volatility in the price of raw materials
- For a full, detailed list, view the full report
Market trends
- Regulations on emission levels
- For a full, detailed list, view the full report
Key questions answered in this report
- What will the market size be in 2022 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
You can request one free hour of the analyst’s time when you purchase this market report. Details are provided within the report.
Note: Product cover images may vary from those shown
FEATURED COMPANIES
- BP
- Chevron
- Exxon Mobil
- Gulf Oil Marine
- Royal Dutch Shell
- Total
PART 01: EXECUTIVE SUMMARYPART 02: SCOPE OF THE REPORTPART 03: RESEARCH METHODOLOGYPART 08: CUSTOMER LANDSCAPEPART 10: DECISION FRAMEWORK
PART 04: MARKET LANDSCAPE
PART 05: MARKET SIZING
PART 06: FIVE FORCES ANALYSIS
PART 07: MARKET SEGMENTATION BY END-USER
PART 09: REGIONAL LANDSCAPE
PART 11: DRIVERS AND CHALLENGES
PART 12: MARKET TRENDS
PART 13: VENDOR LANDSCAPE
PART 14: VENDOR ANALYSIS
PART 15: APPENDIX
List of Exhibits
Note: Product cover images may vary from those shown
FEATURED COMPANIES
- BP
- Chevron
- Exxon Mobil
- Gulf Oil Marine
- Royal Dutch Shell
- Total
New Report Released: – Global Marine Grease Market 2018-2022
The author of the report recognizes the following companies as the key players in the global marine grease market: BP, Chevron, Exxon Mobil, Gulf Oil Marine, Royal Dutch Shell, and Total.
Commenting on the report, an analyst from the research team said: “One trend in the market is regulations on emission levels. The maritime transport industry is the biggest end-user of marine grease. There has been a sharp decline in shipping operations, and the environmental regulations regarding international maritime have become more stringent. The International Maritime Organization (IMO) introduced the Energy Efficiency Design Index (EEDI) in 2011 for all the new ships that have been contracted from 2013.”
According to the report, one driver in the market is growth of the shipbuilding industry. The shipbuilding industry is the key consumer of the global marine grease market. The growth of the shipbuilding business was very low till 2010, following which it exhibited rapid growth primarily because of the growth of the global foreign direct investment (FDI) flows, seaborne trade, and expansion of businesses of multinational companies. The production of new ships and increase in the repair and maintenance of old ships will act as a driving factor for the global marine grease market.
Further, the report states that one challenge in the market is volatility in the price of raw materials. Marine lubricants are largely produced using crude oil by the fractioning process. The mineral oil-based lubricants accounted for approximately 80% share of the marine lubricants market. Marine grease is one of the important segments of the marine lubricants market. The oil and gas industry is one of the principal suppliers of raw materials for the global marine grease market. The instabilities in the price of crude oil have an adverse effect on the price of the raw materials, affecting the costs of marine grease products.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
The author of the report recognizes the following companies as the key players in the global marine grease market: BP, Chevron, Exxon Mobil, Gulf Oil Marine, Royal Dutch Shell, and Total.
Commenting on the report, an analyst from the research team said: “One trend in the market is regulations on emission levels. The maritime transport industry is the biggest end-user of marine grease. There has been a sharp decline in shipping operations, and the environmental regulations regarding international maritime have become more stringent. The International Maritime Organization (IMO) introduced the Energy Efficiency Design Index (EEDI) in 2011 for all the new ships that have been contracted from 2013.”
According to the report, one driver in the market is growth of the shipbuilding industry. The shipbuilding industry is the key consumer of the global marine grease market. The growth of the shipbuilding business was very low till 2010, following which it exhibited rapid growth primarily because of the growth of the global foreign direct investment (FDI) flows, seaborne trade, and expansion of businesses of multinational companies. The production of new ships and increase in the repair and maintenance of old ships will act as a driving factor for the global marine grease market.
Further, the report states that one challenge in the market is volatility in the price of raw materials. Marine lubricants are largely produced using crude oil by the fractioning process. The mineral oil-based lubricants accounted for approximately 80% share of the marine lubricants market. Marine grease is one of the important segments of the marine lubricants market. The oil and gas industry is one of the principal suppliers of raw materials for the global marine grease market. The instabilities in the price of crude oil have an adverse effect on the price of the raw materials, affecting the costs of marine grease products.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Note: Product cover images may vary from those shown
A selection of companies mentioned in this report includes:
- BP
- Chevron
- Exxon Mobil
- Gulf Oil Marine
- Royal Dutch Shell
- Total
Note: Product cover images may vary from those shown
