Grease is a semi-solid lubricant. It typically comprises soap blended with either mineral or vegetable oil. At times, soft solid or high viscosity liquid materials used as lubricants are described as greases. However, they lack the property of shear-thinning, which is a characteristic of grease. For instance, petroleum jellies (such as Vaseline) are not generally categorized as greases.

Mechanisms in which the lubricating oil remains mobile and which can sustain infrequent lubrications employ greases. Greases can also be used as sealants to avoid contamination with water and incompressible materials. Mechanisms which are lubricated with greases exhibit high frictional characteristics because of their high viscosity.

There are different types of greases which can be classified based on their application requirement and the additives they contain. Grease additives are added to complement the properties of greases according to the requirements of industries, applications, and end-users. For instance, additives used in food applications have been registered with the NSF with an HX-1 approval.

Gear greases comprise rosin oil (containing lime and mineral oil) and water up to some percentage. Greases that can withstand extreme pressure are categorized as EP greases. Normal greases, when put under high pressure or shock loading, can get compressed and can cause physical contact between the greased parts, resulting in friction and wear of the parts. Special-purpose greases contain sorbitan esters and glycerol. They can be used in low temperatures.

Graphite and/or molybdenum disulfide is typically added to solid EP greases for protection under heavy loadings. The metal-to-metal contact and the subsequent friction caused due to thinning of the lubricant film can be avoided when the solid lubricants bond with the metal surface.

Greases with additives such as ceramic powder and copper are employed in high temperature and/or high pressure applications. This helps in preventing corrosion which can create problems during the dis-assembly of the components. These solid additives work as release agents. However, not all types of solid additives can be used in bearings, as they can result in reinforced wear of the bearings.

Oxidation inhibitors offer protection against rust and corrosion, primarily in applications that include water contamination and/or high temperature conditions. Pressure additives offer resistance against extreme heat and pressure. Temperature additives can modify the characteristics of base oil in order to enhance its performance in applications in inconstant temperatures.

Metal wear is reduced by anti-wear agents. It acts by binding itself to the metal surface to form a coating. Metal deactivators protect surfaces from degradation by reducing metal reactivity.

Based on functionality, the grease additives market can be segmented into oxidation inhibitors, pressure additives, temperature additives, anti-wear agents, metal deactivators, and other additives. Based on the type of soap used in grease production (thickeners), the grease additives market can be divided into soap-based (including aluminum soap, calcium soap, lithium soap, sodium soap, and others) and non-soap-based (including polyuria and other complexes). Based on end-user industry, the grease additives market can be classified into automotive, aerospace, food, marine, machine working, mining, and others.

The need for R&D and technological upgrades is constant regarding grease additives. Regulatory institutes are in-charge of performance and emission standards that are set for fuels and lubricants (greases are classified among them). Manufacturers are required to adhere to these standards. Rapid and constant technological advancements in the automotive and machine working industries result in subsequent need for development of high performance and environmental-friendly greases as well as grease additives.

The grease additives market can be divided based on geography as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Asia Pacific is the leader of the market in terms of production, with China being the dominant player in the world.

Some of the key players in grease additives market are Afton Chemical, BASF SE, Clariant, Lubrizol, and Innospec.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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Grease Additives Market

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