Vacuum greases are low pressure application lubricants with low volatility. They are also used as sealants for joints in a vacuum system. In a vacuum system, lubricants with higher volatility are susceptible to evaporate, causing wear and tear of the moving parts of the equipment. The global vacuum grease market can be segmented based on base-oil type, application, and region. 

In terms of base-oil type, the vacuum grease market can be classified into hydrocarbon, silicon, and fluorocarbon. Hydrocarbon vacuum greases are mineral oil-based and primarily used by mechanisms requiring high frictional lubrication. They are highly resistant to creep which means the chances of grease moving from its application area are low and, thus, reduce contamination of the adjacent surfaces. They also provide cleanliness and low outgassing without tainting the vacuum systems. They are easy to use and have a shelf-life of 10 years. Silicon vacuum greases have silicone oil as their base oil and are ideal for lubrication and as sealants due to their water resistance property. They are thermally stable and can withstand high working temperatures. Important features of silicon vacuum greases include excellent resistance to chemicals, sealing ability, and low volatility. The silicon-based vacuum greases can be used in applications operating below 10-8 mbar. Fluorocarbon-based vacuum greases are chemically inert and offer superior lubrication in a vacuum system. The base oil used for fluorocarbon-based vacuum greases is fluorinated oil, which is made from perfluoroalkyl polyether and fluorocarbon thickener. The fluorocarbon-based vacuum greases do not ignite or explode or decompose, and do not react to form solid deposits. They retain their lubricating ability at extreme temperatures ranging from –15 to –300 °C and offer resistance to oxidation. The applications of fluorocarbon-based vacuum greases include pressure relief valve lubrication, oven conveyor chain and bearing grease, high-temperature bearing, valve, and O-ring lubrication, or any use that requires high-temperature stability, low vapor pressure, or chemical inertness. The fluorocarbon-based vacuum greases segment is estimated to constitute a prominent share of the vacuum grease market by the end of the forecast period due to significant investments in laboratory equipment industry in North America and Europe.

Based on application, the vacuum grease market can be segregated into food processing, pharmaceuticals, laboratory equipment, aerospace, electronics, and others. The laboratory equipment application segment constitutes the largest share of the vacuum grease market owing to growth of the industry in developed countries.
Based on region, the vacuum grease market can be segmented into North America, Middle East & Africa, Asia Pacific, Europe, and Latin America. Europe accounts for the major share of the vacuum grease market, followed by North America. This is due to the expanding end-use industries in these regions. Asia Pacific is expected to expand with the highest CAGR during the forecast period. India and China are the major countries for the laboratory equipment and food processing industries. Foreign investments in research projects is augmenting the demand for laboratory equipment. The emerging middle class and growing population are boosting the demand for processed foods in these countries, thereby propelling the demand for vacuum greases for these industries. 

Key players operating in the global vacuum grease market are Inland Vacuum Industries Inc. (the U.S.), Solvay S.A. (Belgium), Santolubes LLC (the U.S.), Castrol Ltd. (the U.K.), The Chemours Company (the U.S.), M&I Materials Ltd. (the U.K.), Supervac Industries (India), Dow Corning (the U.S.), Kluber Lubrication (Germany), Ulvac Technologies Inc. (the U.S.), Fuchs Lubritech GmbH (Germany), and MPT Industries (the U.S.).

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.

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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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