Latest Breaking News On - Grease market share - Page 1 : comparemela.com

Grease Market worth $6.1 billion by 2025 iCrowd Newswire According to the new market research report Grease Market by Base Oil (Mineral, Synthetic, Bio-Based), Thickener Type (Metallic Soap, Non-Soap, Inorganic), End-Use Industry (Automotive, Construction, General Manufacturing, Metal, Mining, Food & Beverage, Power) - Global Forecast to 2025″, is projected to reach USD 6.1 billion by 2025, at a CAGR of 2.9% from USD 5.3 billion in 2020. The growth of the grease market is primarily triggered by the rise in automation in various end-use industries. Manufacturing, construction, and mining are some of the industries that use various heavy load equipment, which require regular lubrication. Owing to increasing competition and growing challenges in manual operations, the use of highly updated technology is vital for the growth of all these industries.

United statesUnited kingdomAashish mehraOil mineralChevron corporationExxon mobil corporationRoyal dutch shellResearch newswireSee campaignResearch insightBase oilThickener typeMetallic soapEnd use industryGeneral manufacturingNorth america