Grease Market size was valued at US$ 5.45 Bn. in 2021 and the total revenue is expected to grow at 2.9 % CAGR through 2022 to 2029, reaching nearly US$ 6.85 Bn.
Grease Market Overview:Grease is a semi-solid compound generated when a thickening ingredient is deposited in a liquid lubricant. It contain chemical mix of thickener, oil, and additives. Grease behaviour is mostly determined by the base oil and additives used in the formulations. Grease additives are used to improve desirable qualities, inhibit unwanted properties, or introduce new properties to improve the grease's operating efficiency. To know about the Research Methodology :- Request Free Sample Report
Grease Market Dynamics:Rise in automotive manufacturing and shipbuilding business drives the grease market. Growing usage of high-performance greases further propels the market growth. Numerous upcoming construction projects in North America and Asia Pacific to create an opportunity for grease market. Innovation in bio-greases in environmentally sensitive nations and the demand for more high-performance products is foreseen as an opportunity for the global grease market. Manufacturing, construction, and mining are just a few of the industries that use heavy load equipment that needs to be lubricated on a regular basis. Because of rising rivalry and increasing problems in manual processes, all of these businesses require the employment of cutting-edge technology to thrive. Process automation is becoming more popular as the cost of labor rises and safety regulations become more stringent. This is driving the growth of grease market. However, high prices of synthetic greases and volatile oil prices act as a restraining factor for grease market. Development of self-lubricant equipment, unfavorable availability of raw material are some other limiting factor for the grease market growth over the forecast timeframe. The grease market is expected to increase at a negative rate in 2021 as a result of the pandemic. To curb the spread of the virus, APAC countries took early preventive measures, such as social distance. According to sources, the countries of South Asia, including India, Bangladesh, and Sri Lanka, as well as Central Asian countries, saw the greatest decline in automobile traffic. According to the IMF, the region's GDP growth rate would drop to 0% in 2021. Economic development will be slow in China, India, and South Korea. In 2021, China's GDP growth rate is expected to dip to 1.2 %
Grease Market Segment Analysis:Based on thickeners, Grease market is segmented into Metallic Soap Thickener, Non-Soap Thickener, Inorganic Thickener and Others. Metallic soap thickener segment is expected to dominate the segment in forecast period. Metallic soap thickener are again sub segmented into Lithium, Calcium, Sodium and Aluminium. More than 90% of the thickeners used worldwide are soap based. Metallic soap thickener possess multifunctional properties that make it suitable to be used in construction & off-highways, automotive, general manufacturing industries. Metallic soap thickener has greater capability of maintaining excellent stability at higher temperature along with other favourable properties such as load bearing, shear stability, water resistance, and rust protection. Based on end user industry, based on connectivity the Grease market is segmented into Power Generation, Automotive, Heavy Equipment, Food & Beverage, Metallurgy & Metal Working, Chemical Manufacturing and Others. Grease is highly used in the automotive industry for wheel bearings, universal joints, suspensions, gears, and connectors. Automotive is the largest and fastest-growing end-use industry for grease market. 80% of the world’s bearings are lubricated with grease. Excellent properties such as temperature tolerance, mechanical stability, water resistance, and anti-oxidants. Rising in manufacturing of machines and equipment for end-use industries.
Grease Market Regional Insights:Asia Pacific is foreseen to grow at faster rate in grease market. Emerging economies such as China and India are expected to lead the production in the global grease market in the forecast timeframe. Asia Pacific is home to some of the largest light vehicle producers in the world with China, Japan, and Korea comprising just over 37 million units of production or 42 % of the global production market. Vehicles production are growing in several ASEAN countries, with Vietnam and the Philippines leading the charge. SAIC Motor Corporation, China's largest manufacturer, said that it will invest an extra US$350 million in a second production facility in India. Companies are developing new products for this category as a result of rising passenger car production and sales, significantly boosting the growth of the Asia Pacific grease market. Europe is second leading region in global grease market. In terms of its proportion of world trade, Germany is regarded as Europe's most powerful economy. As a result of the uncertainty induced by Brexit, the country's exporters saw a drop in profitability due to sluggish demand from the United Kingdom, the country's third largest exporting partner. Rhenus Lub GmbH & Co KG, for example, launched a high resistant and durable grease in June 2021 that has the potential to lower long-term overall machine costs by drastically lowering the re-lubrication interval time. It was created to work in difficult environments and has uses in electric motors, casting facilities, steel mills, and hot-gas ventilators, among other things. ExxonMobil Corporation is the grease market's second-largest player. In the grease market, the corporation had an 11 percent stake. ExxonMobil is concentrating on expanding its market share by entering new markets. The business completed the expansion of its refinery in Singapore. The plant will increase the supply of Group II EHC base oil, which is used to make premium lubricants. In addition, the company has introduced new goods to expand its global footprint. The objective of the report is to present a comprehensive analysis of the Global Grease Market to the stakeholders in the industry. The past and current status of the industry with the forecasted Market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include Market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the Market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the Global Grease Market dynamics, structure by analyzing the Market segments and project the Global Grease Market size. Clear representation of competitive analysis of key players by Type, price, financial position, Type portfolio, growth strategies, and regional presence in the Global Grease Market make the report investor’s guide.
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Global Grease Market Report Coverage Details Base Year: 2021 Forecast Period: 2022-2029 Historical Data: 2017 to 2021 Market Size in 2021: US $ 5.45 Bn. Forecast Period 2022 to 2029 CAGR: 2.9% Market Size in 2029: US $ 6.85 Bn. Segments Covered: by Thickener • Metallic Soap Thickener • Non-Soap Thickener • Inorganic Thickener • Others by Application • Power Generation • Automotive • Heavy Equipment • Food & Beverage • Metallurgy & Metal Working • Chemical Manufacturing • Others
Grease Market, by Region• North America • Europe • Asia Pacific • Middle East and Africa • South America
Grease Market, Key Players• Castrol • Exxon Mobil • Dow Corning Ltd. • BP p.l.c. • Chevron Corporation • FUCHS • Lukeoil • Royal Dutch Shell PLC • Sinopec Corporation • Axel • Balmer Lawrie & Co. Ltd • Petronas • Idemitsu Kosan Co., Ltd. • Citgo Petroleum Corporation • Harrison Manufacturing Co. PTY Ltd. • China Petroleum & Chemical Corporation • DowDuPont • Shell International • Total SA • Texaco Inc • Belray Company LLC • Whitmore Manufacturing Company
Frequently Asked Questions:1] What segments are covered in Global Grease Market report? Ans. The segments covered in Global Grease Market report are based on Thickeners and End User Industry. 2] Which region is expected to hold the highest share in the Global Grease Market? Ans. Asia Pacific is expected to hold the highest share in the Global Grease Market. 3] What is the Market size of Global Grease Market in 2029? Ans. The Market size of Global Grease Market in the forecast period 2029 is US $ 6.85 Bn. 4] Who are the top key players in the Global Grease Market? Ans. Castrol, Exxon Mobil, Dow Corning Ltd., Chevron Corporation, Lukeoil, Royal Dutch Shell PLC, Sinopec Corporation, Balmer Lawrie & Co. Ltd, Petronas, Idemitsu Kosan Co., Ltd., Citgo Petroleum Corporation 5] What was the Market size of Global Grease Market in 2021? Ans. The Market size of Global Grease Market in 2021 was US $5.45 Bn.
Global Grease Market1. Preface 1.1. Report Scope and Market Segmentation 1.2. Research Highlights 1.3. Research Objectives 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 126.96.36.199. Secondary data 188.8.131.52. Secondary Sources 2.3.2. Primary Research 184.108.40.206. Data from Primary Sources 220.127.116.11. Breakdown of Primary Sources 3. Executive Summary: Global Grease Size, by Market Value (US$ Bn) and Volume (Units) 4. Market Overview 4.1. Introduction 4.2. Market Indicator 4.2.1. Drivers 4.2.2. Restraints 4.2.3. Opportunities 4.2.4. Challenges 4.3. Porter’s Analysis 4.4. Value Chain Analysis 4.5. Market Risk Analysis 4.6. SWOT Analysis 4.7. Industry Trends and Emerging Technologies 4.8. Patent Registration 5. Supply Side and Demand Side Indicators 6. Global Grease Market Analysis and Forecast 6.1. Global Grease Market Size & Y-o-Y Growth Analysis 6.1.1. North America 6.1.2. Europe 6.1.3. Asia Pacific 6.1.4. Middle East & Africa 6.1.5. South America 7. Global Grease Market Analysis and Forecast, by Thickener 7.1. Introduction and Definition 7.2. Key Findings 7.3. Global Grease Market Value Share Analysis, by Thickener 7.4. Global Grease Market Size (US$ Bn) Forecast, by Thickener 7.5. Global Grease Market Analysis, by Thickener 7.6. Global Grease Market Attractiveness Analysis, by Thickener 8. Global Grease Market Analysis and Forecast, by Application 8.1. Introduction and Definition 8.2. Key Findings 8.3. Global Grease Market Value Share Analysis, by Application 8.4. Global Grease Market Size (US$ Bn) Forecast, by Application 8.5. Global Grease Market Analysis, by Application 8.6. Global Grease Market Attractiveness Analysis, by Application 9. Global Grease Market Analysis, by Region 9.1. Global Grease Market Value Share Analysis, by Region 9.2. Global Grease Market Size (US$ Bn) Forecast, by Region 9.3. Global Grease Market Attractiveness Analysis, by Region 10. North America Grease Market Analysis 10.1. Key Findings 10.2. North America Grease Market Overview 10.3. North America Grease Market Value Share Analysis, by Thickener 10.4. North America Grease Market Forecast, by Thickener 10.4.1. Metallic Soap Thickener 10.4.2. Non-Soap Thickener 10.4.3. Inorganic Thickener 10.4.4. Others 10.5. North America Grease Market Value Share Analysis, by Application 10.6. North America Grease Market Forecast, by Application 10.6.1. Power Generation 10.6.2. Automotive 10.6.3. Heavy Equipment 10.6.4. Food & Beverage 10.6.5. Metallurgy & Metal Working 10.6.6. Chemical Manufacturing 10.6.7. Others 10.7. North America Grease Market Value Share Analysis, by Country 10.8. North America Grease Market Forecast, by Country 10.8.1. U.S. 10.8.2. Canada 10.9. North America Grease Market Analysis, by Country 10.10. U.S. Grease Market Forecast, by Thickener 10.10.1. Metallic Soap Thickener 10.10.2. Non-Soap Thickener 10.10.3. Inorganic Thickener 10.10.4. Others 10.11. U.S. Grease Market Forecast, by Application 10.11.1. Power Generation 10.11.2. Automotive 10.11.3. Heavy Equipment 10.11.4. Food & Beverage 10.11.5. Metallurgy & Metal Working 10.11.6. Chemical Manufacturing 10.11.7. Others 10.12. Canada Grease Market Forecast, by Thickener 10.12.1. Metallic Soap Thickener 10.12.2. Non-Soap Thickener 10.12.3. Inorganic Thickener 10.12.4. Others 10.13. Canada Grease Market Forecast, by Application 10.13.1. Power Generation 10.13.2. Automotive 10.13.3. Heavy Equipment 10.13.4. Food & Beverage 10.13.5. Metallurgy & Metal Working 10.13.6. Chemical Manufacturing 10.13.7. Others 10.14. North America Grease Market Attractiveness Analysis 10.14.1. By Thickener 10.14.2. By Application 10.15. PEST Analysis 10.16. Key Trends 10.17. Key Development 11. Europe Grease Market Analysis 11.1. Key Findings 11.2. Europe Grease Market Overview 11.3. Europe Grease Market Value Share Analysis, by Thickener 11.4. Europe Grease Market Forecast, by Thickener 11.4.1. Metallic Soap Thickener 11.4.2. Non-Soap Thickener 11.4.3. Inorganic Thickener 11.4.4. Others 11.5. Europe Grease Market Value Share Analysis, by Application 11.6. Europe Grease Market Forecast, by Application 11.6.1. Power Generation 11.6.2. Automotive 11.6.3. Heavy Equipment 11.6.4. Food & Beverage 11.6.5. Metallurgy & Metal Working 11.6.6. Chemical Manufacturing 11.6.7. Others 11.6.8. Europe Grease Market Value Share Analysis, by Country 11.7. Europe Grease Market Forecast, by Country 11.7.1. Germany 11.7.2. U.K. 11.7.3. France 11.7.4. Italy 11.7.5. Spain 11.7.6. Rest of Europe 11.8. Europe Grease Market Analysis, by Country 11.9. Germany Grease Market Forecast, by Thickener 11.9.1. Metallic Soap Thickener 11.9.2. Non-Soap Thickener 11.9.3. Inorganic Thickener 11.9.4. Others 11.10. Germany Grease Market Forecast, by Application 11.10.1. Power Generation 11.10.2. Automotive 11.10.3. Heavy Equipment 11.10.4. Food & Beverage 11.10.5. Metallurgy & Metal Working 11.10.6. Chemical Manufacturing 11.10.7. Others 11.11. U.K. Grease Market Forecast, by Thickener 11.11.1. Metallic Soap Thickener 11.11.2. Non-Soap Thickener 11.11.3. Inorganic Thickener 11.11.4. Others 11.12. U.K. Grease Market Forecast, by Application 11.12.1. Power Generation 11.12.2. Automotive 11.12.3. Heavy Equipment 11.12.4. Food & Beverage 11.12.5. Metallurgy & Metal Working 11.12.6. Chemical Manufacturing 11.12.7. Others 11.13. France Grease Market Forecast, by Thickener 11.13.1. Metallic Soap Thickener 11.13.2. Non-Soap Thickener 11.13.3. Inorganic Thickener 11.13.4. Others 11.14. France Grease Market Forecast, by Application 11.14.1. Power Generation 11.14.2. Automotive 11.14.3. Heavy Equipment 11.14.4. Food & Beverage 11.14.5. Metallurgy & Metal Working 11.14.6. Chemical Manufacturing 11.14.7. Others 11.15. Italy Grease Market Forecast, by Thickener 11.15.1. Metallic Soap Thickener 11.15.2. Non-Soap Thickener 11.15.3. Inorganic Thickener 11.15.4. Others 11.16. Italy Grease Market Forecast, by Application 11.16.1. Power Generation 11.16.2. Automotive 11.16.3. Heavy Equipment 11.16.4. Food & Beverage 11.16.5. Metallurgy & Metal Working 11.16.6. Chemical Manufacturing 11.16.7. Others 11.17. Spain Grease Market Forecast, by Thickener 11.17.1. Metallic Soap Thickener 11.17.2. Non-Soap Thickener 11.17.3. Inorganic Thickener 11.17.4. Others 11.18. Spain Grease Market Forecast, by Application 11.18.1. Power Generation 11.18.2. Automotive 11.18.3. Heavy Equipment 11.18.4. Food & Beverage 11.18.5. Metallurgy & Metal Working 11.18.6. Chemical Manufacturing 11.18.7. Others 11.19. Rest of Europe Grease Market Forecast, by Thickener 11.19.1. Metallic Soap Thickener 11.19.2. Non-Soap Thickener 11.19.3. Inorganic Thickener 11.19.4. Others 11.20. Rest of Europe Grease Market Forecast, by Application 11.20.1. Power Generation 11.20.2. Automotive 11.20.3. Heavy Equipment 11.20.4. Food & Beverage 11.20.5. Metallurgy & Metal Working 11.20.6. Chemical Manufacturing 11.20.7. Others 11.21. Europe Grease Market Attractiveness Analysis 11.21.1. By Thickener 11.21.2. By Application 11.22. PEST Analysis 11.23. Key Trend 11.24. Key Development 12. Asia Pacific Grease Market Analysis 12.1. Key Findings 12.2. Asia Pacific Grease Market Overview 12.3. Asia Pacific Grease Market Value Share Analysis, by Thickener 12.4. Asia Pacific Grease Market Forecast, by Thickener 12.4.1. Metallic Soap Thickener 12.4.2. Non-Soap Thickener 12.4.3. Inorganic Thickener 12.4.4. Others 12.5. Asia Pacific Grease Market Value Share Analysis, by Application 12.6. Asia Pacific Grease Market Forecast, by Application 12.6.1. Power Generation 12.6.2. Automotive 12.6.3. Heavy Equipment 12.6.4. Food & Beverage 12.6.5. Metallurgy & Metal Working 12.6.6. Chemical Manufacturing 12.6.7. Others 12.7. Asia Pacific Grease Market Value Share Analysis, by Country 12.8. Asia Pacific Grease Market Forecast, by Country 12.8.1. China 12.8.2. India 12.8.3. Japan 12.8.4. ASEAN 12.8.5. Rest of Asia Pacific 12.9. Asia Pacific Grease Market Analysis, by Country 12.10. China Grease Market Forecast, by Thickener 12.10.1. Metallic Soap Thickener 12.10.2. Non-Soap Thickener 12.10.3. Inorganic Thickener 12.10.4. Others 12.11. China Grease Market Forecast, by Application 12.11.1. Power Generation 12.11.2. Automotive 12.11.3. Heavy Equipment 12.11.4. Food & Beverage 12.11.5. Metallurgy & Metal Working 12.11.6. Chemical Manufacturing 12.11.7. Others 12.12. India Grease Market Forecast, by Thickener 12.12.1. Metallic Soap Thickener 12.12.2. Non-Soap Thickener 12.12.3. Inorganic Thickener 12.12.4. Others 12.13. India Grease Market Forecast, by Application 12.13.1. Power Generation 12.13.2. Automotive 12.13.3. Heavy Equipment 12.13.4. Food & Beverage 12.13.5. Metallurgy & Metal Working 12.13.6. Chemical Manufacturing 12.13.7. Others 12.14. Japan Grease Market Forecast, by Thickener 12.14.1. Metallic Soap Thickener 12.14.2. Non-Soap Thickener 12.14.3. Inorganic Thickener 12.14.4. Others 12.15. Japan Grease Market Forecast, by Application 12.15.1. Power Generation 12.15.2. Automotive 12.15.3. Heavy Equipment 12.15.4. Food & Beverage 12.15.5. Metallurgy & Metal Working 12.15.6. Chemical Manufacturing 12.15.7. Others 12.16. ASEAN Grease Market Forecast, by Thickener 12.16.1. Metallic Soap Thickener 12.16.2. Non-Soap Thickener 12.16.3. Inorganic Thickener 12.16.4. Others 12.17. ASEAN Grease Market Forecast, by Application 12.17.1. Power Generation 12.17.2. Automotive 12.17.3. Heavy Equipment 12.17.4. Food & Beverage 12.17.5. Metallurgy & Metal Working 12.17.6. Chemical Manufacturing 12.17.7. Others 12.18. Rest of Asia Pacific Grease Market Forecast, by Thickener 12.18.1. Metallic Soap Thickener 12.18.2. Non-Soap Thickener 12.18.3. Inorganic Thickener 12.18.4. Others 12.19. Rest of Asia Pacific Grease Market Forecast, by Application 12.19.1. Power Generation 12.19.2. Automotive 12.19.3. Heavy Equipment 12.19.4. Food & Beverage 12.19.5. Metallurgy & Metal Working 12.19.6. Chemical Manufacturing 12.19.7. Others 12.20. Asia Pacific Grease Market Attractiveness Analysis 12.20.1. By Thickener 12.20.2. By Application 12.21. PEST Analysis 12.22. Key Trend 12.23. Key Development 13. Middle East & Africa Grease Market Analysis 13.1. Key Findings 13.2. Middle East & Africa Grease Market Overview 13.3. Middle East & Africa Grease Market Value Share Analysis, by Thickener 13.4. Middle East & Africa Grease Market Forecast, by Thickener 13.4.1. Metallic Soap Thickener 13.4.2. Non-Soap Thickener 13.4.3. Inorganic Thickener 13.4.4. Others 13.5. Middle East & Africa Grease Market Value Share Analysis, by Application 13.6. Middle East & Africa Grease Market Forecast, by Application 13.6.1. Power Generation 13.6.2. Automotive 13.6.3. Heavy Equipment 13.6.4. Food & Beverage 13.6.5. Metallurgy & Metal Working 13.6.6. Chemical Manufacturing 13.6.7. Others 13.7. Middle East & Africa Grease Market Value Share Analysis, by Country 13.8. Middle East & Africa Grease Market Forecast, by Country 13.8.1. GCC 13.8.2. South Africa 13.8.3. Rest of Middle East & Africa 13.9. Middle East & Africa Grease Market Analysis, by Country 13.10. GCC Grease Market Forecast, by Thickener 13.10.1. Metallic Soap Thickener 13.10.2. Non-Soap Thickener 13.10.3. Inorganic Thickener 13.10.4. Others 13.11. GCC Grease Market Forecast, by Application 13.11.1. Power Generation 13.11.2. Automotive 13.11.3. Heavy Equipment 13.11.4. Food & Beverage 13.11.5. Metallurgy & Metal Working 13.11.6. Chemical Manufacturing 13.11.7. Others 13.12. South Africa Grease Market Forecast, by Thickener 13.12.1. Metallic Soap Thickener 13.12.2. Non-Soap Thickener 13.12.3. Inorganic Thickener 13.12.4. Others 13.13. South Africa Grease Market Forecast, by Application 13.13.1. Power Generation 13.13.2. Automotive 13.13.3. Heavy Equipment 13.13.4. Food & Beverage 13.13.5. Metallurgy & Metal Working 13.13.6. Chemical Manufacturing 13.13.7. Others 13.14. Rest of Middle East & Africa Grease Market Forecast, by Thickener 13.14.1. Metallic Soap Thickener 13.14.2. Non-Soap Thickener 13.14.3. Inorganic Thickener 13.14.4. Others 13.15. Rest of Middle East & Africa Grease Market Forecast, by Application 13.15.1. Power Generation 13.15.2. Automotive 13.15.3. Heavy Equipment 13.15.4. Food & Beverage 13.15.5. Metallurgy & Metal Working 13.15.6. Chemical Manufacturing 13.15.7. Others 13.16. Middle East & Africa Grease Market Attractiveness Analysis 13.16.1. By Thickener 13.16.2. By Application 13.17. PEST Analysis 13.18. Key Trend 13.19. Key Development 14. South America Grease Market Analysis 14.1. Key Findings 14.2. South America Grease Market Overview 14.3. South America Grease Market Value Share Analysis, by Thickener 14.4. South America Grease Market Forecast, by Thickener 14.4.1. Metallic Soap Thickener 14.4.2. Non-Soap Thickener 14.4.3. Inorganic Thickener 14.4.4. Other 14.5. Others South America Grease Market Value Share Analysis, by Application 14.6. South America Grease Market Forecast, by Application 14.6.1. Power Generation 14.6.2. Automotive 14.6.3. Heavy Equipment 14.6.4. Food & Beverage 14.6.5. Metallurgy & Metal Working 14.6.6. Chemical Manufacturing 14.6.7. Others 14.7. South America Grease Market Value Share Analysis, by Country 14.8. South America Grease Market Forecast, by Country 14.8.1. Brazil 14.8.2. Mexico 14.8.3. Rest of South America 14.9. Brazil Grease Market Forecast, by Thickener 14.9.1. Metallic Soap Thickener 14.9.2. Non-Soap Thickener 14.9.3. Inorganic Thickener 14.9.4. Other 14.10. Brazil Grease Market Forecast, by Application 14.10.1. Power Generation 14.10.2. Automotive 14.10.3. Heavy Equipment 14.10.4. Food & Beverage 14.10.5. Metallurgy & Metal Working 14.10.6. Chemical Manufacturing 14.10.7. Others 14.11. Mexico Grease Market Forecast, by Thickener 14.11.1. Metallic Soap Thickener 14.11.2. Non-Soap Thickener 14.11.3. Inorganic Thickener 14.11.4. Other 14.12. Mexico Grease Market Forecast, by Application 14.12.1. Power Generation 14.12.2. Automotive 14.12.3. Heavy Equipment 14.12.4. Food & Beverage 14.12.5. Metallurgy & Metal Working 14.12.6. Chemical Manufacturing 14.12.7. Others 14.13. Rest of South America Grease Market Forecast, by Thickener 14.13.1. Metallic Soap Thickener 14.13.2. Non-Soap Thickener 14.13.3. Inorganic Thickener 14.13.4. Other 14.14. Rest of South America Grease Market Forecast, by Application 14.14.1. Power Generation 14.14.2. Automotive 14.14.3. Heavy Equipment 14.14.4. Food & Beverage 14.14.5. Metallurgy & Metal Working 14.14.6. Chemical Manufacturing 14.14.7. Others 14.15. South America Grease Market Attractiveness Analysis 14.15.1. By Thickener 14.15.2. By Application 14.16. PEST Analysis 14.17. Key Trend 14.18. Key Development 15. Company Profiles 15.1. Market Share Analysis, by Company 15.2. Competition Matrix 15.2.1. Competitive Benchmarking of key players by price, presence, market share, Applications and R&D investment 15.2.2. New Product Launches and Product Enhancements 15.2.3. Market Consolidation 18.104.22.168. M&A by Regions, Investment and Applications 22.214.171.124. M&A Key Players, Forward Integration and Backward Integration 15.3. Company Profiles: Key Players 15.3.1. Castrol 126.96.36.199. Company Overview 188.8.131.52. Financial Overview 184.108.40.206. Thickener Portfolio 220.127.116.11. Business Strategy 18.104.22.168. Recent Developments 22.214.171.124. Manufacturing Footprint 15.3.2. Exxon Mobil 15.3.3. Dow Corning Ltd. 15.3.4. Chevron Corporation 15.3.5. Lukeoil 15.3.6. Royal Dutch Shell PLC 15.3.7. Sinopec Corporation 15.3.8. Balmer Lawrie & Co. Ltd 15.3.9. Petronas 15.3.10. Idemitsu Kosan Co., Ltd. 15.3.11. Citgo Petroleum Corporation 15.3.12. Harrison Manufacturing Co. PTY Ltd. 15.3.13. China Petroleum & Chemical Corporation 15.3.14. DowDuPont 15.3.15. Shell International 15.3.16. BP p.l.c. 15.3.17. Total SA 15.3.18. Texaco Inc 15.3.19. Belray Company LLC 15.3.20. Whitmore Manufacturing Company 15.3.21. Axel Christiernsson International AB 16. Primary Key Insights