グリース市場 : 2029年までの世界予測

Grease Market - Global Forecast to 2029

グリース市場 : 基油(鉱物油、合成油、バイオベース)、増ちょう剤の種類(金属石鹸、非石鹸、無機)、最終用途産業(自動車、建設、一般製造、農業、鉱業、発電) - 2029年までの世界予測
Grease Market by Base Oil (Mineral, Synthetic, Bio-based), Thickener Type (Metallic Soap, Non-soap, Inorganic), End-Use Industry (Automotive, Construction, General Manufacturing, Agriculture, Mining, Power Generation) - Global Forecast to 2029
出版MarketsandMarkets
出版年月2024年6月
ページ数310
図表数444
価格タイプシングルユーザライセンス
価格USD 4,950
種別英文調査報告書

Report Overview

In terms of value, the grease market is estimated to grow from USD 6.2 billion in 2024 to USD 7.4 billion by 2029, at a CAGR of 4.2%.

グリース市場は 2024 年の 62 億米ドルから 2029 年までに 74 億米ドルに、CAGR 4.2% で成長すると推定されています。

グリース市場 : 2029年までの世界予測

The rise in automation across various industries is expected to drive the demand for grease globally, as automated systems rely heavily on precise and reliable lubrication to maintain optimal performance. Automation involves the use of machinery and robotic systems to perform tasks with minimal human intervention, resulting in increased efficiency, accuracy, and productivity. These automated systems often consist of intricate mechanical components such as bearings, gears, slides, and actuators, which require effective lubrication to operate smoothly and prevent premature wear and failure.

“Non-Soap Thickener are estimated to be the second-largest thickener type of grease market, in terms of value, during the forecast period.”
The demand for grease with non-thickener additives is driven by the increasing emphasis on equipment performance, maintenance cost reduction, and environmental sustainability. As industries continue to seek high-performance lubrication solutions tailored to their specific needs, the importance of non-thickener additives in grease formulations is expected to grow further, cementing its status as a significant segment in the grease market.

グリース市場 : 2029年までの世界予測 ecosystem

“Synthetic oil is projected to register highest CAGR, in terms of value, during the forecast period.”
Environmental concerns and regulatory pressures are driving the adoption of synthetic lubricants, which often have lower environmental impact and longer service life compared to conventional greases. While mineral oil remains the dominant segment in the grease market due to its widespread availability and lower cost, the demand for synthetic greases is expected to continue growing steadily as industries seek higher performance and efficiency in lubrication solutions.

“Construction is estimated to be the second-largest end-use industry of grease market, in terms of value, during the forecast period”
Grease formulations tailored for construction applications often exhibit properties such as water resistance, adhesion, and pumpability, ensuring optimal lubrication even in challenging conditions. As the construction industry continues to expand globally, driven by infrastructure development, urbanization, and industrialization, the demand for grease in construction applications is expected to remain robust. Therefore, construction stands as one of the key end-users contributing significantly to the demand for grease in the market..

“Middle East & Africa is projected to be the second fastest-growing region, in terms of value, during the forecast period in the grease market.”
The Middle East & Africa (MEA) region emerges as the second fastest-growing market for grease, driven by a combination of factors such as industrialization, infrastructure development, and increasing demand across various end-user industries. As countries in the MEA region continue to invest in sectors like construction, mining, manufacturing, and automotive, there is a corresponding rise in the need for lubrication solutions to ensure smooth and efficient operation of machinery and equipment. Moreover, the growing emphasis on energy efficiency, equipment reliability, and maintenance cost reduction further propels the demand for high-quality grease in the region..
• By Company Type: Tier 1 – 69%, Tier 2 – 23%, and Tier 3 – 8%
• By Designation: C-Level – 23%, Director Level – 37%, and Others – 40%
• By Region: North America – 32%, Europe – 21%, Asia Pacific – 28%, South America – 12%, Middle East & Africa – 7%,

グリース市場 : 2029年までの世界予測 region

The key players profiled in the report include ExxonMobil Corporation (US), TotalEnergies SE (France), Shell Plc. (UK), Chevron Corporation (US), BP p.l.c. (UK) Fuchs Petrolub SE (Germany), Valvoline Inc. (US), China Petroleum & Chemical Corporation (China) among others.

Research Coverage
This report segments the market for grease based on thickener type, base oil, end-use industry, and region and provides estimations of volume (kiloton) and value (USD Million) for the overall market size across various regions. A detailed analysis of key industry players has been conducted to provide insights into their business overviews, services, and key strategies associated with the market grease.

Reasons to Buy this Report
This research report is focused on various levels of analysis — industry analysis (industry trends), market share analysis of top players, and company profiles, which together provide an overall view of the competitive landscape, emerging and high-growth segments of the grease market; high-growth regions; and market drivers, restraints, and opportunities.

The report provides insights on the following pointers:
• Market Penetration: Comprehensive information on grease offered by top players in the global market

• Analysis of key drives: (rise in automation, improved quality of grease), restraints (production of EVs and hybrid vehicles), opportunities (rising trend of polyurea grease over simple lithium grease), and challenges (bleeding of base oil from grease) influencing the growth of grease market.

• Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the grease market

• Market Development: Comprehensive information about lucrative emerging markets — the report analyzes the markets for grease across regions.

• Market Diversification: Exhaustive information about new products, untapped regions, and recent developments in the global grease market

• Competitive Assessment: In-depth assessment of market shares, strategies, products, and manufacturing capabilities of leading players in the grease market

Table of Contents

1            INTRODUCTION            40

1.1         STUDY OBJECTIVES      40

1.2         MARKET DEFINITION   40

1.2.1      GREASE MARKET: INCLUSIONS AND EXCLUSIONS         41

1.2.2      GREASE MARKET: DEFINITION AND INCLUSIONS, BY BASE OIL 41

1.2.3      GREASE MARKET: DEFINITION AND INCLUSIONS, BY THICKENER TYPE    41

1.2.4      GREASE MARKET: DEFINITION AND INCLUSIONS, BY END-USE INDUSTRY         42

1.3         MARKET SCOPE             43

1.3.1      GREASE MARKET SEGMENTATION        43

1.3.2      REGIONS COVERED      43

1.3.3      YEARS CONSIDERED     44

1.4         CURRENCY CONSIDERED          44

1.5         UNIT CONSIDERED       44

1.6         STAKEHOLDERS            44

1.7         SUMMARY OF CHANGES            45

1.7.1      IMPACT OF RECESSION 45

2            RESEARCH METHODOLOGY     46

2.1         RESEARCH DATA           46

FIGURE 1           GREASE MARKET: RESEARCH DESIGN   46

2.1.1      SECONDARY DATA       46

2.1.2      PRIMARY DATA 47

2.1.2.1   Primary interviews: demand side and supply side         47

2.1.2.2   Key industry insights          47

2.1.2.3   Breakdown of interviews with experts            48

2.2         MARKET SIZE ESTIMATION       48

2.2.1      BOTTOM-UP APPROACH           49

FIGURE 2           MARKET SIZE ESTIMATION – APPROACH 1 (SUPPLY-SIDE): COMBINED MARKET SHARE OF KEY PLAYERS   49

FIGURE 3           MARKET SIZE ESTIMATION APPROACH 2 – BOTTOM-UP (SUPPLY-SIDE): REVENUE FROM SALE OF GREASE         49

FIGURE 4           MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 3 – BOTTOM-UP (DEMAND SIDE)  50

2.2.2      TOP-DOWN APPROACH             50

FIGURE 5           MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 4 – TOP-DOWN APPROACH             50

2.3         DATA TRIANGULATION             51

FIGURE 6           GREASE MARKET: DATA TRIANGULATION        51

2.4         GROWTH RATE ASSUMPTIONS 52

2.4.1      SUPPLY SIDE    52

FIGURE 7           MARKET CAGR PROJECTIONS FROM SUPPLY SIDE         52

2.4.2      DEMAND SIDE  53

FIGURE 8           MARKET GROWTH PROJECTIONS FROM DEMAND SIDE: DRIVERS AND OPPORTUNITIES             53

2.5         IMPACT OF RECESSION 53

2.6         RESEARCH ASSUMPTIONS         54

2.7         RESEARCH LIMITATIONS           54

2.8         RISK ASSESSMENT         54

TABLE 1             GREASE MARKET: RISK ASSESSMENT    54

3            EXECUTIVE SUMMARY 55

FIGURE 9           MINERAL OIL-BASED GREASE SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE         55

FIGURE 10         AUTOMOTIVE INDUSTRY TO LEAD GREASE MARKET DURING FORECAST PERIOD       56

FIGURE 11         METALLIC SOAP THICKENER TO LEAD GREASE MARKET DURING FORECAST PERIOD     56

FIGURE 12         ASIA PACIFIC ACCOUNTED FOR LARGEST SHARE OF GREASE MARKET IN 2023             57

4            PREMIUM INSIGHTS      58

4.1         ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN GREASE MARKET              58

FIGURE 13         GROWING CONSTRUCTION INDUSTRY TO DRIVE GREASE MARKET DURING FORECAST PERIOD   58

4.2         GREASE MARKET, BY REGION   58

FIGURE 14         ASIA PACIFIC TO BE LARGEST MARKET FOR GREASE DURING FORECAST PERIOD       58

4.3         ASIA PACIFIC: GREASE MARKET, BY END-USE INDUSTRY AND COUNTRY         59

FIGURE 15         CHINA ACCOUNTED FOR LARGEST SHARE OF GREASE MARKET IN 2023             59

4.4         GREASE MARKET, BY END-USE INDUSTRY         59

FIGURE 16         AUTOMOTIVE TO BE LARGEST END USER OF GREASE MARKET DURING FORECAST PERIOD     59

4.5         GREASE MARKET, BY THICKENER TYPE 60

FIGURE 17         METALLIC SOAP THICKENER TO BE LARGEST SEGMENT IN GREASE MARKET DURING FORECAST PERIOD  60

4.6         GREASE MARKET, BASE OIL VS. REGION             60

FIGURE 18         MINERAL OIL SEGMENT LED GREASE MARKET ACROSS REGIONS           60

4.7         GREASE MARKET, BY KEY COUNTRY     61

FIGURE 19         INDIA TO REGISTER HIGHEST CAGR IN GREASE MARKET DURING FORECAST PERIOD     61

5            MARKET OVERVIEW     62

5.1         INTRODUCTION            62

5.2         MARKET DYNAMICS     62

FIGURE 20         DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES IN GREASE MARKET      62

5.2.1      DRIVERS            63

5.2.1.1   Rise in automation in various industries         63

5.2.1.2   Lower crude oil prices to benefit grease suppliers after COVID-19          63

FIGURE 21         GLOBAL CRUDE OIL PRICES (2010–2023)            63

5.2.1.3   Improved quality of grease 64

5.2.2      RESTRAINTS     64

5.2.2.1   Lithium supply shortage    64

5.2.2.2   Lack of proper training and product awareness            65

5.2.2.3   Production of electric and hybrid vehicles      65

FIGURE 22         GLOBAL ELECTRIC VEHICLE (EV) SALES (2010–2023)     65

5.2.3      OPPORTUNITIES           66

5.2.3.1   Leveraging e-commerce industry to increase customer reach     66

5.2.3.2   Rising trend of polyurea grease over lithium grease      66

5.2.4      CHALLENGES   66

5.2.4.1   Bleeding of base oil from grease       66

5.2.4.2   Regreasing intervals not followed in emerging economies          67

5.3         PORTER’S FIVE FORCES ANALYSIS         67

FIGURE 23         GREASE MARKET: PORTER’S FIVE FORCES ANALYSIS    68

5.3.1      THREAT OF NEW ENTRANTS    68

5.3.2      THREAT OF SUBSTITUTES         69

5.3.3      BARGAINING POWER OF SUPPLIERS     69

5.3.4      BARGAINING POWER OF BUYERS           69

5.3.5      INTENSITY OF COMPETITIVE RIVALRY 69

TABLE 2             GREASE MARKET: PORTER’S FIVE FORCES ANALYSIS    70

5.4         MACROECONOMIC INDICATORS           70

5.4.1      GDP TRENDS AND FORECAST FOR MAJOR ECONOMIES             70

TABLE 3             GDP TRENDS AND FORECAST OF MAJOR ECONOMIES, 2021–2029 (USD BILLION)      70

5.4.2      AUTOMOTIVE INDUSTRY (2019–2023)   71

TABLE 4             VEHICLE PRODUCTION, BY MAJOR COUNTRY (UNITS) 71

FIGURE 24         VEHICLE PRODUCTION, BY REGION (2017–2021)            72

5.4.3      POWER GENERATION (2018–2022)          72

TABLE 5             ELECTRICITY GENERATION, BY MAJOR COUNTRY/REGION (TERAWATT-HOURS)   72

FIGURE 25         ELECTRICITY GENERATION FROM COAL, BY REGION   73

FIGURE 26         OFFSHORE & ONSHORE WIND CAPACITY OUTLOOK (2018, 2030, AND 2050) 73

FIGURE 27         ELECTRICITY GENERATION FROM HYDROELECTRIC SOURCE, BY REGION        74

FIGURE 28         ELECTRICITY GENERATION FROM NATURAL GAS, BY REGION              74

TABLE 6             KEY WIND POWER PROJECTS SCHEDULED TO BE COMPLETED IN NEXT 10–20 YEARS AND ANNOUNCEMENTS 74

5.4.4      MANUFACTURING INDUSTRY  76

TABLE 7             MANUFACTURING GDP, BY MAJOR ECONOMY, 2018–2022 (USD BILLION)           76

5.4.5      MINING INDUSTRY        77

TABLE 8             MINING PRODUCTION, BY MAJOR ECONOMY, 2017–2021 (METRIC TONS)             77

TABLE 9             UPCOMING MINING PROJECTS 78

6            INDUSTRY TRENDS       79

6.1         SUPPLY CHAIN ANALYSIS          79

FIGURE 29         GREASE MARKET: SUPPLY CHAIN          79

6.1.1      RAW MATERIALS           79

6.1.2      MANUFACTURERS        79

6.1.3      DISTRIBUTION NETWORK         80

6.1.4      END–USE INDUSTRIES  80

6.2         KEY STAKEHOLDERS AND BUYING CRITERIA    80

6.2.1      KEY STAKEHOLDERS IN BUYING PROCESS         80

FIGURE 30         INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE END-USE INDUSTRIES        80

TABLE 10           INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE END-USE INDUSTRIES (%) 81

6.2.2      BUYING CRITERIA         81

FIGURE 31         KEY BUYING CRITERIA FOR TOP THREE END-USE INDUSTRIES              81

TABLE 11           KEY BUYING CRITERIA FOR TOP THREE END-USE INDUSTRIES              81

6.3         PRICING ANALYSIS        82

6.3.1      AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY END-USE INDUSTRIES      82

FIGURE 32         AVERAGE SELLING PRICE TREND OF KEY PLAYERS FOR TOP THREE END-USE INDUSTRIES   82

TABLE 12           AVERAGE SELLING PRICE TREND OF KEY PLAYERS FOR TOP THREE END-USE INDUSTRIES (USD/KG)            82

6.3.2      AVERAGE SELLING PRICE TREND, BY REGION  82

FIGURE 33         AVERAGE SELLING PRICE TREND OF GREASE, BY REGION (USD/KG)          83

TABLE 13           AVERAGE SELLING PRICE TREND OF GREASE, BY REGION (USD/KG)          83

6.4         TRENDS/DISRUPTIONS IMPACTING CUSTOMER’S BUSINESS     83

6.4.1      REVENUE SHIFTS AND NEW REVENUE POCKETS FOR GREASE  83

FIGURE 34         REVENUE SHIFT FOR GREASE IMPACTING CUSTOMERS’ BUSINESS          84

6.5         ECOSYSTEM ANALYSIS/MARKET MAP   84

FIGURE 35         GREASE MARKET: ECOSYSTEM ANALYSIS/MARKET MAP              84

TABLE 14           GREASE MARKET: ECOSYSTEM 85

6.6         TECHNOLOGY ANALYSIS           86

6.6.1      KEY TECHNOLOGIES    86

6.6.1.1   Low-sulfur grease 86

6.6.1.2   Biodegradable grease         87

6.6.2      COMPLEMENTARY TECHNOLOGIES     87

6.6.2.1   Nanotechnology in grease production            87

6.6.2.2   Smart grease monitoring systems     88

6.6.2.3   Additive manufacturing (3D printing) for grease components   88

6.7         CASE STUDY ANALYSIS 88

6.7.1      CASE STUDY ON FUCHS PETROLUB SE 88

TABLE 15           BENEFITS OF NYOGEL 760G      88

6.7.2      GREASES FOR IMPROVED BEARING PERFORMANCE BY FUCHS 89

6.8         TRADE DATA STATISTICS          89

6.8.1      IMPORT DATA 89

FIGURE 36         IMPORT OF GREASE, BY KEY COUNTRY, 2017–2022         89

TABLE 16           IMPORT OF GREASE, BY REGION, 2017–2022 (USD MILLION)              90

6.8.2      EXPORT DATA 90

FIGURE 37         EXPORT OF GREASE, BY KEY COUNTRY, 2017–2022         90

TABLE 17           EXPORT OF GREASE, BY REGION, 2017–2022 (USD MILLION)              90

6.9         REGULATORY LANDSCAPE       91

TABLE 18           NORTH AMERICA: REGULATIONS FOR GREASE 91

TABLE 19           EUROPE: REGULATIONS FOR GREASE  91

TABLE 20           ASIA PACIFIC: REGULATIONS FOR GREASE        92

TABLE 21           MIDDLE EAST & AFRICA: REGULATIONS FOR GREASE   93

TABLE 22           SOUTH AMERICA: REGULATIONS FOR GREASE 93

6.9.1      REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS          93

6.10       KEY CONFERENCES & EVENTS IN 2024–2025       94

TABLE 23           GREASE MARKET: LIST OF CONFERENCES & EVENTS, 2024–2025              94

6.11       INVESTMENT AND FUNDING SCENARIO            95

6.12       PATENT ANALYSIS        95

6.12.1    APPROACH       96

6.12.2    DOCUMENT TYPE         96

TABLE 24           PATENT STATUS: APPLICATIONS, LIMITED, AND GRANTED PATENTS           96

FIGURE 38         PATENTS REGISTERED IN GREASE MARKET, 2013–2023 96

FIGURE 39         LIST OF MAJOR PATENTS FOR GREASE 97

TABLE 25           MAJOR PATENTS FOR GREASE  97

6.12.3    TOP APPLICANTS          102

FIGURE 40         TOP 10 PATENT APPLICANTS   102

TABLE 26           PATENTS BY PROCTER & GAMBLE        102

TABLE 27           LIST OF PATENTS BY NTN TOYO BEARING CO LTD       103

TABLE 28           TOP 10 PATENT OWNERS IN US, 2013–2023         103

FIGURE 41         LEGAL STATUS OF PATENTS FILED FOR GREASE           104

6.12.4    JURISDICTION ANALYSIS           104

FIGURE 42         MAXIMUM PATENTS FILED IN JURISDICTION OF US      104

7            GREASE MARKET, BY BASE OIL 106

7.1         INTRODUCTION            107

FIGURE 43         MINERAL OIL SEGMENT TO LEAD GREASE MARKET DURING FORECAST PERIOD       107

TABLE 29           GREASE MARKET, BY BASE OIL, 2018–2022 (KILOTON)   107

TABLE 30           GREASE MARKET, BY BASE OIL, 2023–2029 (KILOTON)   107

TABLE 31           GREASE MARKET, BY BASE OIL, 2018–2022 (USD MILLION)              108

TABLE 32           GREASE MARKET, BY BASE OIL, 2023–2029 (USD MILLION)              108

7.2         MINERAL OIL    108

7.2.1      LOW COST AND EASY AVAILABILITY TO DRIVE MARKET FOR MINERAL OIL-BASED GREASE      108

FIGURE 44         ASIA PACIFIC TO BE LARGEST MARKET FOR MINERAL OIL-BASED GREASE 109

TABLE 33           MINERAL OIL: GREASE MARKET, BY REGION, 2018–2022 (KILOTON)       109

TABLE 34           MINERAL OIL: GREASE MARKET, BY REGION, 2023–2029 (KILOTON)       109

TABLE 35           MINERAL OIL: GREASE MARKET, BY REGION, 2018–2022 (USD MILLION)          110

TABLE 36           MINERAL OIL: GREASE MARKET, BY REGION, 2023–2029 (USD MILLION)          110

7.3         SYNTHETIC OIL             110

7.3.1      DEMAND FOR HIGH-PERFORMANCE PRODUCTS TO PROPEL MARKET              110

FIGURE 45         EUROPE TO BE SECOND-LARGEST GREASE MARKET IN SYNTHETIC OIL SEGMENT        111

TABLE 37           SYNTHETIC OIL: GREASE MARKET, BY REGION, 2018–2022 (KILOTON)       111

TABLE 38           SYNTHETIC OIL: GREASE MARKET, BY REGION, 2023–2029 (KILOTON)       111

TABLE 39           SYNTHETIC OIL: GREASE MARKET, BY REGION, 2018–2022 (USD MILLION)          112

TABLE 40           SYNTHETIC OIL GREASE MARKET, BY REGION, 2023–2029 (USD MILLION)          112

7.3.2      PAO      112

7.3.3      PAG      112

7.3.4      ESTERS 112

7.3.5      GROUP III (HYDROCRACKING) 113

7.4         BIO-BASED        113

7.4.1      DEMAND FOR ENVIRONMENTALLY FRIENDLY GREASE TO BOOST MARKET            113

FIGURE 46         EUROPE TO BE LARGEST MARKET FOR GREASE IN BIO-BASED SEGMENT DURING FORECAST PERIOD 113

TABLE 41           BIO-BASED: GREASE MARKET, BY REGION, 2018–2022 (KILOTON)       114

TABLE 42           BIO-BASED: GREASE MARKET, BY REGION, 2023–2029 (KILOTON)       114

TABLE 43           BIO-BASED: GREASE MARKET, BY REGION, 2018–2022 (USD MILLION)          114

TABLE 44           BIO-BASED: GREASE MARKET, BY REGION, 2023–2029 (USD MILLION)          115

8            GREASE MARKET, BY THICKENER TYPE 116

8.1         INTRODUCTION            117

FIGURE 47         METALLIC SOAP THICKENER TO BE LARGEST SEGMENT DURING FORECAST PERIOD     117

TABLE 45           GREASE MARKET, BY THICKENER TYPE, 2018–2022 (KILOTON)              118

TABLE 46           GREASE MARKET, BY THICKENER TYPE, 2023–2029 (KILOTON)              118

TABLE 47           GREASE MARKET, BY THICKENER TYPE, 2018–2022 (USD MILLION)          119

TABLE 48           GREASE MARKET, BY THICKENER TYPE, 2023–2029 (USD MILLION)          119

8.2         METALLIC SOAP THICKENER   120

8.2.1      HIGH DEMAND FOR LITHIUM TO DRIVE MARKET         120

FIGURE 48         ASIA PACIFIC TO BE LARGEST MARKET FOR METALLIC SOAP THICKENER- BASED GREASE     120

TABLE 49           METALLIC SOAP THICKENER: GREASE MARKET, BY REGION, 2018–2022 (KILOTON)   120

TABLE 50           METALLIC SOAP THICKENER: GREASE MARKET, BY REGION, 2023–2029 (KILOTON)   121

TABLE 51           METALLIC SOAP THICKENER: GREASE MARKET, BY REGION, 2018–2022 (USD MILLION)          121

TABLE 52           METALLIC SOAP THICKENER: GREASE MARKET, BY REGION, 2023–2029 (USD MILLION)          121

8.2.2      LITHIUM           122

8.2.3      CALCIUM          122

8.2.4      ALUMINUM       122

8.2.5      SODIUM             122

8.2.6      OTHER METALLIC SOAP THICKENERS  122

8.3         NON-SOAP THICKENER             123

8.3.1      INCREASE IN DEMAND FOR POLYUREA TO FUEL MARKET         123

FIGURE 49         NORTH AMERICA TO BE SECOND-LARGEST MARKET IN NON-SOAP THICKENER SEGMENT    123

TABLE 53           NON-SOAP THICKENER: GREASE MARKET, BY REGION, 2018–2022 (KILOTON)             123

TABLE 54           NON-SOAP THICKENER: GREASE MARKET, BY REGION, 2023–2029 (KILOTON)             124

TABLE 55           NON-SOAP THICKENER: GREASE MARKET, BY REGION, 2018–2022 (USD MILLION)     124

TABLE 56           NON-SOAP THICKENER: GREASE MARKET, BY REGION, 2023–2029 (USD MILLION)     124

8.4         INORGANIC THICKENER GREASE           125

8.4.1      SUPERIOR THERMAL STABILITY AND WATER RESISTANCE TO DRIVE MARKET            125

FIGURE 50         ASIA PACIFIC TO BE LARGEST MARKET IN INORGANIC THICKENER SEGMENT 125

TABLE 57           INORGANIC THICKENER: GREASE MARKET, BY REGION, 2018–2022 (KILOTON)             125

TABLE 58           INORGANIC THICKENER: GREASE MARKET, BY REGION, 2023–2029 (KILOTON)             125

TABLE 59           INORGANIC THICKENER: GREASE MARKET, BY REGION, 2018–2022 (USD MILLION)     126

TABLE 60           INORGANIC THICKENER: GREASE MARKET, BY REGION, 2023–2029 (USD MILLION)     126

8.5         OTHER THICKENERS    126

TABLE 61           OTHER THICKENERS: GREASE MARKET, BY REGION, 2018–2022 (KILOTON)       126

TABLE 62           OTHER THICKENERS: GREASE MARKET, BY REGION, 2023–2029 (KILOTON)       127

TABLE 63           OTHER THICKENERS: GREASE MARKET, BY REGION, 2018–2022 (USD MILLION) 127

TABLE 64           OTHER THICKENERS: GREASE MARKET, BY REGION, 2023–2029 (USD MILLION) 127

9            GREASE MARKET, BY END-USE INDUSTRY         128

9.1         INTRODUCTION            129

FIGURE 51         AUTOMOTIVE TO BE LARGEST END-USE INDUSTRY OF GREASE MARKET DURING FORECAST PERIOD  129

TABLE 65           GREASE MARKET, BY END-USE INDUSTRY, 2018–2022 (KILOTON)       129

TABLE 66           GREASE MARKET, BY END-USE INDUSTRY, 2023–2029 (KILOTON)       130

TABLE 67           GREASE MARKET, BY END-USE INDUSTRY, 2018–2022 (USD MILLION)          130

TABLE 68           GREASE MARKET, BY END-USE INDUSTRY, 2023–2029 (USD MILLION)          131

9.2         AUTOMOTIVE  131

9.2.1      INCREASE IN DEMAND FROM ASIA PACIFIC TO DRIVE MARKET 131

FIGURE 52         ASIA PACIFIC TO BE LARGEST GREASE MARKET IN AUTOMOTIVE INDUSTRY          131

TABLE 69           GREASE MARKET IN AUTOMOTIVE INDUSTRY, BY REGION, 2018–2022 (KILOTON)   132

TABLE 70           GREASE MARKET IN AUTOMOTIVE INDUSTRY, BY REGION, 2023–2029 (KILOTON)   132

TABLE 71           GREASE MARKET IN AUTOMOTIVE INDUSTRY, BY REGION, 2018–2022 (USD MILLION)          132

TABLE 72           GREASE MARKET IN AUTOMOTIVE INDUSTRY, BY REGION, 2023–2029 (USD MILLION)          133

9.3         CONSTRUCTION            133

9.3.1      DEMAND FOR HIGH-PERFORMANCE GREASE TO BOOST MARKET              133

FIGURE 53         EUROPE TO BE THIRD-LARGEST GREASE MARKET IN CONSTRUCTION INDUSTRY      133

TABLE 73           GREASE MARKET IN CONSTRUCTION INDUSTRY, BY REGION, 2018–2022 (KILOTON)   134

TABLE 74           GREASE MARKET IN CONSTRUCTION INDUSTRY, BY REGION, 2023–2029 (KILOTON)   134

TABLE 75           GREASE MARKET IN CONSTRUCTION INDUSTRY, BY REGION, 2018–2022 (USD MILLION)          134

TABLE 76           GREASE MARKET IN CONSTRUCTION INDUSTRY, BY REGION, 2023–2029 (USD MILLION)          135

9.4         GENERAL MANUFACTURING    135

9.4.1      GROWTH OF MANUFACTURING SECTOR IN ASIA PACIFIC TO DRIVE MARKET            135

FIGURE 54         NORTH AMERICA TO BE SECOND-LARGEST GREASE MARKET IN GENERAL MANUFACTURING INDUSTRY       135

TABLE 77           GREASE MARKET IN GENERAL MANUFACTURING, BY REGION, 2018–2022 (KILOTON)   136

TABLE 78           GREASE MARKET IN GENERAL MANUFACTURING, BY REGION, 2023–2029 (KILOTON)   136

TABLE 79           GREASE MARKET IN GENERAL MANUFACTURING, BY REGION, 2018–2022 (USD MILLION)          136

TABLE 80           GREASE MARKET IN GENERAL MANUFACTURING, BY REGION, 2023–2029 (USD MILLION)          137

9.5         METAL PRODUCTION  137

9.5.1      DEMAND FOR HIGH LOAD BEARABLE GREASE TO DRIVE MARKET              137

FIGURE 55         ASIA PACIFIC TO BE LARGEST GREASE MARKET IN METAL PRODUCTION INDUSTRY          137

TABLE 81           GREASE MARKET IN METAL PRODUCTION INDUSTRY, BY REGION, 2018–2022 (KILOTON) 138

TABLE 82           GREASE MARKET IN METAL PRODUCTION INDUSTRY, BY REGION, 2023–2029 (KILOTON) 138

TABLE 83           GREASE MARKET IN METAL PRODUCTION INDUSTRY, BY REGION, 2018–2022 (USD MILLION)       138

TABLE 84           GREASE MARKET IN METAL PRODUCTION INDUSTRY, BY REGION, 2023–2029 (USD MILLION)       139

9.6         MINING              139

9.6.1      INCREASE IN DEMAND FOR GREASE OPERATING AT EXTREME CONDITIONS TO DRIVE MARKET          139

FIGURE 56         EUROPE TO BE SECOND-LARGEST GREASE MARKET IN MINING INDUSTRY        139

TABLE 85           GREASE MARKET IN MINING INDUSTRY, BY REGION, 2018–2022 (KILOTON)       140

TABLE 86           GREASE MARKET IN MINING INDUSTRY, BY REGION, 2023–2029 (KILOTON)       140

TABLE 87           GREASE MARKET IN MINING INDUSTRY, BY REGION, 2018–2022 (USD MILLION) 140

TABLE 88           GREASE MARKET IN MINING INDUSTRY, BY REGION, 2023–2029 (USD MILLION) 141

9.7         POWER GENERATION   141

9.7.1      NEED FOR SUPERIOR PERFORMANCE, WATER RESISTANCE, AND HIGH CORROSION INHIBITION TO DRIVE MARKET    141

FIGURE 57         ASIA PACIFIC TO BE LARGEST GREASE MARKET IN POWER GENERATION INDUSTRY           141

TABLE 89           GREASE MARKET IN POWER GENERATION INDUSTRY, BY REGION, 2018–2022 (KILOTON) 142

TABLE 90           GREASE MARKET IN POWER GENERATION INDUSTRY, BY REGION, 2023–2029 (KILOTON) 142

TABLE 91           GREASE MARKET IN POWER GENERATION INDUSTRY, BY REGION, 2018–2022 (USD MILLION)       142

TABLE 92           GREASE MARKET IN POWER GENERATION INDUSTRY, BY REGION, 2023–2029 (USD MILLION)       143

9.8         AGRICULTURE 143

9.8.1      INCREASE IN USE OF GREASE IN AGRICULTURAL EQUIPMENT TO DRIVE MARKET 143

FIGURE 58         NORTH AMERICA TO BE LARGEST GREASE MARKET IN AGRICULTURE INDUSTRY         143

TABLE 93           GREASE MARKET IN AGRICULTURE INDUSTRY, BY REGION, 2018–2022 (KILOTON)   144

TABLE 94           GREASE MARKET IN AGRICULTURE INDUSTRY, BY REGION, 2023–2029 (KILOTON)   144

TABLE 95           GREASE MARKET IN AGRICULTURE INDUSTRY, BY REGION, 2018–2022 (USD MILLION)          144

TABLE 96           GREASE MARKET IN AGRICULTURE INDUSTRY, BY REGION, 2023–2029 (USD MILLION)          145

9.9         OTHER END-USE INDUSTRIES  145

FIGURE 59         NORTH AMERICA TO BE SECOND-LARGEST MARKET IN OTHER END-USE INDUSTRIES  145

TABLE 97          GREASE MARKET IN OTHER END-USE INDUSTRIES, BY REGION, 2018–2022 (KILOTON)   146

TABLE 98          GREASE MARKET IN OTHER END-USE INDUSTRIES, BY REGION, 2023–2029 (KILOTON)   146

TABLE 99          GREASE MARKET IN OTHER END-USE INDUSTRIES, BY REGION, 2018–2022 (USD MILLION)          146

TABLE 100        GREASE MARKET IN OTHER END-USE INDUSTRIES, BY REGION, 2023–2029 (USD MILLION)          147

10          GREASE MARKET, BY REGION   148

10.1       INTRODUCTION            149

FIGURE 60         ASIA PACIFIC TO BE FASTEST-GROWING GREASE MARKET BETWEEN 2024 AND 2029           149

TABLE 101         GREASE MARKET, BY REGION, 2018–2022 (KILOTON)     149

TABLE 102         GREASE MARKET, BY REGION, 2023–2029 (KILOTON)     149

TABLE 103         GREASE MARKET, BY REGION, 2018–2022 (USD MILLION)              150

TABLE 104         GREASE MARKET, BY REGION, 2023–2029 (USD MILLION)              150

10.2       NORTH AMERICA          151

10.2.1    RECESSION IMPACT      151

FIGURE 61         NORTH AMERICA: GREASE MARKET SNAPSHOT             152

10.2.2    NORTH AMERICA: GREASE MARKET, BY BASE OIL          152

TABLE 105         NORTH AMERICA: GREASE MARKET, BY BASE OIL, 2018–2022 (KILOTON)       152

TABLE 106         NORTH AMERICA: GREASE MARKET, BY BASE OIL, 2023–2029 (KILOTON)       153

TABLE 107         NORTH AMERICA: GREASE MARKET, BY BASE OIL, 2018–2022 (USD MILLION) 153

TABLE 108         NORTH AMERICA: GREASE MARKET, BY BASE OIL, 2023–2029 (USD MILLION) 153

10.2.3    NORTH AMERICA: GREASE MARKET, BY THICKENER TYPE        154

TABLE 109         NORTH AMERICA: GREASE MARKET, BY THICKENER TYPE, 2018–2022 (KILOTON)   154

TABLE 110         NORTH AMERICA: GREASE MARKET, BY THICKENER TYPE, 2023–2029 (KILOTON)   154

TABLE 111         NORTH AMERICA: GREASE MARKET, BY THICKENER TYPE, 2018–2022 (USD MILLION)          154

TABLE 112         NORTH AMERICA: GREASE MARKET, BY THICKENER TYPE, 2023–2029 (USD MILLION)          155

10.2.4    NORTH AMERICA: GREASE MARKET, BY END-USE INDUSTRY    155

TABLE 113         NORTH AMERICA: GREASE MARKET, BY END-USE INDUSTRY, 2018–2022 (KILOTON)   155

TABLE 114         NORTH AMERICA: GREASE MARKET, BY END-USE INDUSTRY, 2023–2029 (KILOTON)   155

TABLE 115         NORTH AMERICA: GREASE MARKET, BY END-USE INDUSTRY, 2018–2022 (USD MILLION)          156

TABLE 116         NORTH AMERICA: GREASE MARKET, BY END-USE INDUSTRY, 2023–2029 (USD MILLION)          156

10.2.5    NORTH AMERICA: GREASE MARKET, BY COUNTRY        156

TABLE 117         NORTH AMERICA: GREASE MARKET, BY COUNTRY, 2018–2022 (KILOTON)       156

TABLE 118         NORTH AMERICA: GREASE MARKET, BY COUNTRY, 2023–2029 (KILOTON)       157

TABLE 119         NORTH AMERICA: GREASE MARKET, BY COUNTRY, 2018–2022 (USD MILLION) 157

TABLE 120         NORTH AMERICA: GREASE MARKET, BY COUNTRY, 2023–2029 (USD MILLION) 157

10.2.5.1 US         158

10.2.5.1.1            Strong industrial infrastructure to drive market            158

TABLE 121         US: GREASE MARKET, BY END-USE INDUSTRY, 2018–2022 (KILOTON)       158

TABLE 122         US: GREASE MARKET, BY END-USE INDUSTRY, 2023–2029 (KILOTON)       158

TABLE 123         US: GREASE MARKET, BY END-USE INDUSTRY, 2018–2022 (USD MILLION)          159

TABLE 124         US: GREASE MARKET, BY END-USE INDUSTRY, 2023–2029 (USD MILLION)          159

10.2.5.2 Canada  159

10.2.5.2.1            Automotive industry to drive demand for grease          159

TABLE 125         CANADA: GREASE MARKET, BY END-USE INDUSTRY, 2018–2022 (KILOTON)       160

TABLE 126         CANADA: GREASE MARKET, BY END-USE INDUSTRY, 2023–2029 (KILOTON)       160

TABLE 127         CANADA: GREASE MARKET, BY END-USE INDUSTRY, 2018–2022 (USD MILLION) 161

TABLE 128         CANADA: GREASE MARKET, BY END-USE INDUSTRY, 2023–2029 (USD MILLION) 161

10.2.5.3 Mexico  162

10.2.5.3.1            Rising industrialization to drive market          162

TABLE 129         MEXICO: GREASE MARKET, BY END-USE INDUSTRY, 2018–2022 (KILOTON)       162

TABLE 130         MEXICO: GREASE MARKET, BY END-USE INDUSTRY, 2023–2029 (KILOTON)       162

TABLE 131         MEXICO: GREASE MARKET, BY END-USE INDUSTRY, 2018–2022 (USD MILLION) 163

TABLE 132         MEXICO: GREASE MARKET, BY END-USE INDUSTRY, 2023–2029 (USD MILLION) 163

10.3       ASIA PACIFIC    164

10.3.1    RECESSION IMPACT      164

FIGURE 62         ASIA PACIFIC: GREASE MARKET SNAPSHOT      165

10.3.2    ASIA PACIFIC: GREASE MARKET, BY BASE OIL    165

TABLE 133         ASIA PACIFIC: GREASE MARKET, BY BASE OIL, 2018–2022 (KILOTON)       165

TABLE 134         ASIA PACIFIC: GREASE MARKET, BY BASE OIL, 2023–2029 (KILOTON)       166

TABLE 135         ASIA PACIFIC: GREASE MARKET, BY BASE OIL, 2018–2022 (USD MILLION)          166

TABLE 136         ASIA PACIFIC: GREASE MARKET, BY BASE OIL, 2023–2029 (USD MILLION)          166

10.3.3    ASIA PACIFIC: GREASE MARKET, BY THICKENER TYPE  166

TABLE 137         ASIA PACIFIC: GREASE MARKET, BY THICKENER TYPE, 2018–2022 (KILOTON)             166

TABLE 138         ASIA PACIFIC: GREASE MARKET, BY THICKENER TYPE, 2023–2029 (KILOTON)             167

TABLE 139         ASIA PACIFIC: GREASE MARKET, BY THICKENER TYPE, 2018–2022 (USD MILLION)     167

TABLE 140         ASIA PACIFIC: GREASE MARKET, BY THICKENER TYPE, 2023–2029 (USD MILLION)     167

10.3.4    ASIA PACIFIC: GREASE MARKET, BY END-USE INDUSTRY            168

TABLE 141         ASIA PACIFIC: GREASE MARKET, BY END-USE INDUSTRY, 2018–2022 (KILOTON)             168

TABLE 142         ASIA PACIFIC: GREASE MARKET, BY END-USE INDUSTRY, 2023–2029 (KILOTON)             168

TABLE 143         ASIA PACIFIC: GREASE MARKET, BY END-USE INDUSTRY, 2018–2022 (USD MILLION)     169

TABLE 144         ASIA PACIFIC: GREASE MARKET, BY END-USE INDUSTRY, 2023–2029 (USD MILLION)     169

10.3.5    ASIA PACIFIC: GREASE MARKET, BY COUNTRY  169

TABLE 145         ASIA PACIFIC: GREASE MARKET, BY COUNTRY, 2018–2022 (KILOTON)       169

TABLE 146         ASIA PACIFIC: GREASE MARKET, BY COUNTRY, 2023–2029 (KILOTON)       170

TABLE 147         ASIA PACIFIC: GREASE MARKET, BY COUNTRY, 2018–2022 (USD MILLION)          170

TABLE 148         ASIA PACIFIC: GREASE MARKET, BY COUNTRY, 2023–2029 (USD MILLION)          171

10.3.5.1 China     171

10.3.5.1.1            Rapid industrialization to drive demand for grease       171

TABLE 149         CHINA: GREASE MARKET, BY END-USE INDUSTRY, 2018–2022 (KILOTON)       171

TABLE 150         CHINA: GREASE MARKET, BY END-USE INDUSTRY, 2023–2029 (KILOTON)       172

TABLE 151         CHINA: GREASE MARKET, BY END-USE INDUSTRY, 2018–2022 (USD MILLION) 172

TABLE 152         CHINA: GREASE MARKET, BY END-USE INDUSTRY, 2023–2029 (USD MILLION) 173

10.3.5.2 Japan     173

10.3.5.2.1            Demand from automotive industry to drive market      173

TABLE 153         JAPAN: GREASE MARKET, BY END-USE INDUSTRY, 2018–2022 (KILOTON)       173

TABLE 154         JAPAN: GREASE MARKET, BY END-USE INDUSTRY, 2023–2029 (KILOTON)       174

TABLE 155         JAPAN: GREASE MARKET, BY END-USE INDUSTRY, 2018–2022 (USD MILLION) 174

TABLE 156         JAPAN: GREASE MARKET, BY END-USE INDUSTRY, 2023–2029 (USD MILLION) 175

10.3.5.3 India      175

10.3.5.3.1            Growing industrialization to positively influence market growth 175

TABLE 157         INDIA: GREASE MARKET, BY END-USE INDUSTRY, 2018–2022 (KILOTON)       175

TABLE 158         INDIA: GREASE MARKET, BY END-USE INDUSTRY, 2023–2029 (KILOTON)       176

TABLE 159         INDIA: GREASE MARKET, BY END-USE INDUSTRY, 2018–2022 (USD MILLION) 176

TABLE 160         INDIA: GREASE MARKET, BY END-USE INDUSTRY, 2023–2029 (USD MILLION) 177

10.3.5.4 Australia 177

10.3.5.4.1            Mining and construction segments to drive demand for grease   177

TABLE 161         AUSTRALIA: GREASE MARKET, BY END-USE INDUSTRY, 2018–2022 (KILOTON)             177

TABLE 162         AUSTRALIA: GREASE MARKET, BY END-USE INDUSTRY, 2023–2029 (KILOTON)             178

TABLE 163         AUSTRALIA: GREASE MARKET, BY END-USE INDUSTRY, 2018–2022 (USD MILLION)     178

TABLE 164         AUSTRALIA: GREASE MARKET, BY END-USE INDUSTRY, 2023–2029 (USD MILLION)     179

10.3.5.5 South Korea        179

10.3.5.5.1            Increase in automobile manufacturing to drive demand for grease              179

TABLE 165         SOUTH KOREA: GREASE MARKET, BY END-USE INDUSTRY, 2018–2022 (KILOTON)   179

TABLE 166         SOUTH KOREA: GREASE MARKET, BY END-USE INDUSTRY, 2023–2029 (KILOTON)   180

TABLE 167         SOUTH KOREA: GREASE MARKET, BY END-USE INDUSTRY, 2018–2022 (USD MILLION)          180

TABLE 168         SOUTH KOREA: GREASE MARKET, BY END-USE INDUSTRY, 2023–2029 (USD MILLION)          181

10.3.5.6 Thailand 181

10.3.5.6.1            Rise in exports to drive demand for grease     181

TABLE 169         THAILAND: GREASE MARKET, BY END-USE INDUSTRY, 2018–2022 (KILOTON)             181

TABLE 170         THAILAND: GREASE MARKET, BY END-USE INDUSTRY, 2023–2029 (KILOTON)             182

TABLE 171         THAILAND: GREASE MARKET, BY END-USE INDUSTRY, 2018–2022 (USD MILLION)     182

TABLE 172         THAILAND: GREASE MARKET, BY END-USE INDUSTRY, 2023–2029 (USD MILLION)     183

10.4       EUROPE             183

FIGURE 63         EUROPE: GREASE MARKET SNAPSHOT 184

10.4.1    RECESSION IMPACT      184

10.4.2    EUROPE: GREASE MARKET, BY BASE OIL            185

TABLE 173         EUROPE: GREASE MARKET, BY BASE OIL, 2018–2022 (KILOTON)              185

TABLE 174         EUROPE: GREASE MARKET, BY BASE OIL, 2023–2029 (KILOTON)              185

TABLE 175         EUROPE: GREASE MARKET, BY BASE OIL, 2018–2022 (USD MILLION)          186

TABLE 176         EUROPE: GREASE MARKET, BY BASE OIL, 2023–2029 (USD MILLION)          186

10.4.3    EUROPE: GREASE MARKET, BY THICKENER TYPE           186

TABLE 177         EUROPE: GREASE MARKET, BY THICKENER TYPE, 2018–2022 (KILOTON)       186

TABLE 178         EUROPE: GREASE MARKET, BY THICKENER TYPE, 2023–2029 (KILOTON)       186

TABLE 179         EUROPE: GREASE MARKET, BY THICKENER TYPE, 2018–2022 (USD MILLION) 187

TABLE 180         EUROPE: GREASE MARKET, BY THICKENER TYPE, 2023–2029 (USD MILLION) 187

10.4.4    EUROPE: GREASE MARKET, BY END-USE INDUSTRY      187

TABLE 181         EUROPE: GREASE MARKET, BY END-USE INDUSTRY, 2018–2022 (KILOTON)       187

TABLE 182         EUROPE: GREASE MARKET, BY END-USE INDUSTRY, 2023–2029 (KILOTON)       188

TABLE 183         EUROPE: GREASE MARKET, BY END-USE INDUSTRY, 2018–2022 (USD MILLION) 188

TABLE 184         EUROPE: GREASE MARKET, BY END-USE INDUSTRY, 2023–2029 (USD MILLION) 189

10.4.5    EUROPE: GREASE MARKET, BY COUNTRY          189

TABLE 185         EUROPE: GREASE MARKET, BY COUNTRY, 2018–2022 (KILOTON)       189

TABLE 186         EUROPE: GREASE MARKET, BY COUNTRY, 2023–2029 (KILOTON)       189

TABLE 187         EUROPE: GREASE MARKET, BY COUNTRY, 2018–2022 (USD MILLION)          190

TABLE 188         EUROPE: GREASE MARKET, BY COUNTRY, 2023–2029 (USD MILLION)          190

10.4.5.1 Germany             190

10.4.5.1.1            Automotive industry to drive demand in Germany       190

TABLE 189         GERMANY: GREASE MARKET, BY END-USE INDUSTRY, 2018–2022 (KILOTON)             191

TABLE 190         GERMANY: GREASE MARKET, BY END-USE INDUSTRY, 2023–2029 (KILOTON)             191

TABLE 191         GERMANY: GREASE MARKET, BY END-USE INDUSTRY, 2018–2022 (USD MILLION)     192

TABLE 192         GERMANY: GREASE MARKET, BY END-USE INDUSTRY, 2023–2029 (USD MILLION)     192

10.4.5.2 UK         192

10.4.5.2.1            Automotive and construction industries to drive market             192

TABLE 193         UK: GREASE MARKET, BY END-USE INDUSTRY, 2018–2022 (KILOTON)       193

TABLE 194         UK: GREASE MARKET, BY END-USE INDUSTRY, 2023–2029 (KILOTON)       193

TABLE 195         UK: GREASE MARKET, BY END-USE INDUSTRY, 2018–2022 (USD MILLION)          194

TABLE 196         UK: GREASE MARKET, BY END-USE INDUSTRY, 2023–2029 (USD MILLION)          194

10.4.5.3 France   194

10.4.5.3.1            Increasing spending power to drive growth    194

TABLE 197         FRANCE: GREASE MARKET, BY END-USE INDUSTRY, 2018–2022 (KILOTON)       195

TABLE 198         FRANCE: GREASE MARKET, BY END-USE INDUSTRY, 2023–2029 (KILOTON)       195

TABLE 199         FRANCE: GREASE MARKET, BY END-USE INDUSTRY, 2018–2022 (USD MILLION) 196

TABLE 200         FRANCE: GREASE MARKET, BY END-USE INDUSTRY, 2023–2029 (USD MILLION) 196

10.4.5.4 Russia    196

10.4.5.4.1            Well-established oil & gas industry to drive demand for grease   196

TABLE 201         RUSSIA: GREASE MARKET, BY END-USE INDUSTRY, 2018–2022 (KILOTON)       197

TABLE 202         RUSSIA: GREASE MARKET, BY END-USE INDUSTRY, 2023–2029 (KILOTON)       197

TABLE 203         RUSSIA: GREASE MARKET, BY END-USE INDUSTRY, 2018–2022 (USD MILLION) 198

TABLE 204         RUSSIA: GREASE MARKET, BY END-USE INDUSTRY, 2023–2029 (USD MILLION) 198

10.4.5.5 Italy       198

10.4.5.5.1            Increase in automotive production to drive market       198

TABLE 205         ITALY: GREASE MARKET, BY END-USE INDUSTRY, 2018–2022 (KILOTON)       199

TABLE 206         ITALY: GREASE MARKET, BY END-USE INDUSTRY, 2023–2029 (KILOTON)       199

TABLE 207         ITALY: GREASE MARKET, BY END-USE INDUSTRY, 2018–2022 (USD MILLION) 200

TABLE 208         ITALY: GREASE MARKET, BY END-USE INDUSTRY, 2023–2029 (USD MILLION) 200

10.5       MIDDLE EAST & AFRICA             200

10.5.1    RECESSION IMPACT      201

10.5.2    MIDDLE EAST & AFRICA: GREASE MARKET, BY BASE OIL             201

TABLE 209         MIDDLE EAST & AFRICA: GREASE MARKET, BY BASE OIL, 2018–2022 (KILOTON)             201

TABLE 210         MIDDLE EAST & AFRICA: GREASE MARKET, BY BASE OIL, 2023–2029 (KILOTON)             201

TABLE 211         MIDDLE EAST & AFRICA: GREASE MARKET, BY BASE OIL, 2018–2022 (USD MILLION)     202

TABLE 212         MIDDLE EAST & AFRICA: GREASE MARKET, BY BASE OIL, 2023–2029 (USD MILLION)     202

10.5.3    MIDDLE EAST & AFRICA: GREASE MARKET, BY THICKENER TYPE              202

TABLE 213         MIDDLE EAST & AFRICA: GREASE MARKET, BY THICKENER TYPE, 2018–2022 (KILOTON)      202

TABLE 214         MIDDLE EAST & AFRICA: GREASE MARKET, BY THICKENER TYPE, 2023–2029 (KILOTON)      202

TABLE 215         MIDDLE EAST & AFRICA: GREASE MARKET, BY THICKENER TYPE, 2018–2022 (USD MILLION)             203

TABLE 216         MIDDLE EAST & AFRICA: GREASE MARKET, BY THICKENER TYPE, 2023–2029 (USD MILLION)             203

10.5.4    MIDDLE EAST & AFRICA: GREASE MARKET, BY END-USE INDUSTRY              203

TABLE 217         MIDDLE EAST & AFRICA: GREASE MARKET, BY END-USE INDUSTRY, 2018–2022 (KILOTON)          203

TABLE 218         MIDDLE EAST & AFRICA: GREASE MARKET, BY END-USE INDUSTRY, 2023–2029 (KILOTON)          204

TABLE 219         MIDDLE EAST & AFRICA: GREASE MARKET, BY END-USE INDUSTRY, 2018–2022 (USD MILLION)   204

TABLE 220         MIDDLE EAST & AFRICA: GREASE MARKET, BY END-USE INDUSTRY, 2023–2029 (USD MILLION)   205

10.5.5    MIDDLE EAST & AFRICA: GREASE MARKET, BY COUNTRY           205

TABLE 221         MIDDLE EAST & AFRICA: GREASE MARKET, BY COUNTRY, 2018–2022 (KILOTON)             205

TABLE 222         MIDDLE EAST & AFRICA: GREASE MARKET, BY COUNTRY, 2023–2029 (KILOTON)             206

TABLE 223         MIDDLE EAST & AFRICA: GREASE MARKET, BY COUNTRY, 2018–2022 (USD MILLION)     206

TABLE 224         MIDDLE EAST & AFRICA: GREASE MARKET, BY COUNTRY, 2023–2029 (USD MILLION)     207

10.5.6    GCC      207

10.5.6.1 Saudi Arabia        207

10.5.6.1.1            Growing oil & gas sector to drive market        207

TABLE 225         SAUDI ARABIA: GREASE MARKET, BY END-USE INDUSTRY, 2018–2022 (KILOTON)   208

TABLE 226         SAUDI ARABIA: GREASE MARKET, BY END-USE INDUSTRY, 2023–2029 (KILOTON)   208

TABLE 227         SAUDI ARABIA: GREASE MARKET, BY END-USE INDUSTRY, 2018–2022 (USD MILLION)          209

TABLE 228         SAUDI ARABIA: GREASE MARKET, BY END-USE INDUSTRY, 2023–2029 (USD MILLION)          209

10.5.7    IRAN     209

10.5.7.1 Booming automotive sector to fuel grease market expansion      209

TABLE 229         IRAN: GREASE MARKET, BY END-USE INDUSTRY, 2018–2022 (KILOTON)       210

TABLE 230         IRAN: GREASE MARKET, BY END-USE INDUSTRY, 2023–2029 (KILOTON)       210

TABLE 231         IRAN: GREASE MARKET, BY END-USE INDUSTRY, 2018–2022 (USD MILLION) 211

TABLE 232         IRAN: GREASE MARKET, BY END-USE INDUSTRY, 2023–2029 (USD MILLION) 211

10.5.8    SOUTH AFRICA 211

10.5.8.1 Demand from transportation industry to drive market 211

TABLE 233         SOUTH AFRICA: GREASE MARKET, BY END-USE INDUSTRY, 2018–2022 (KILOTON)   212

TABLE 234         SOUTH AFRICA: GREASE MARKET, BY END-USE INDUSTRY, 2023–2029 (KILOTON)   212

TABLE 235         SOUTH AFRICA: GREASE MARKET, BY END-USE INDUSTRY, 2018–2022 (USD MILLION)          213

TABLE 236         SOUTH AFRICA: GREASE MARKET, BY END-USE INDUSTRY, 2023–2029 (USD MILLION)          213

10.5.9    EGYPT 213

10.5.9.1 Construction sector to be largest market for grease      213

TABLE 237         EGYPT: GREASE MARKET, BY END-USE INDUSTRY, 2018–2022 (KILOTON)       214

TABLE 238         EGYPT: GREASE MARKET, BY END-USE INDUSTRY, 2023–2029 (KILOTON)       214

TABLE 239         EGYPT: GREASE MARKET, BY END-USE INDUSTRY, 2018–2022 (USD MILLION) 215

TABLE 240         EGYPT: GREASE MARKET, BY END-USE INDUSTRY, 2023–2029 (USD MILLION) 215

10.5.10  TURKEY             215

10.5.10.1             Favorable geographical location to support market growth         215

TABLE 241         TURKEY: GREASE MARKET, BY END-USE INDUSTRY, 2018–2022 (KILOTON)       216

TABLE 242         TURKEY: GREASE MARKET, BY END-USE INDUSTRY, 2023–2029 (KILOTON)       216

TABLE 243         TURKEY: GREASE MARKET, BY END-USE INDUSTRY, 2018–2022 (USD MILLION) 217

TABLE 244         TURKEY: GREASE MARKET, BY END-USE INDUSTRY, 2023–2029 (USD MILLION) 217

10.6       SOUTH AMERICA           217

10.6.1    RECESSION IMPACT      218

10.6.2    SOUTH AMERICA: GREASE MARKET, BY BASE OIL          218

TABLE 245         SOUTH AMERICA: GREASE MARKET, BY BASE OIL, 2018–2022 (KILOTON)       218

TABLE 246         SOUTH AMERICA: GREASE MARKET, BY BASE OIL, 2023–2029 (KILOTON)       218

TABLE 247         SOUTH AMERICA: GREASE MARKET, BY BASE OIL, 2018–2022 (USD MILLION) 219

TABLE 248         SOUTH AMERICA: GREASE MARKET, BY BASE OIL, 2023–2029 (USD MILLION) 219

10.6.3    SOUTH AMERICA: GREASE MARKET, BY THICKENER TYPE         219

TABLE 249         SOUTH AMERICA: GREASE MARKET, BY THICKENER TYPE, 2018–2022 (KILOTON)   219

TABLE 250         SOUTH AMERICA: GREASE MARKET, BY THICKENER TYPE, 2023–2029 (KILOTON)   219

TABLE 251         SOUTH AMERICA: GREASE MARKET, BY THICKENER TYPE, 2018–2022 (USD MILLION)          220

TABLE 252         SOUTH AMERICA: GREASE MARKET, BY THICKENER TYPE, 2023–2029 (USD MILLION)          220

10.6.4    SOUTH AMERICA: GREASE MARKET, BY END-USE INDUSTRY    220

TABLE 253         SOUTH AMERICA: GREASE MARKET, BY END-USE INDUSTRY, 2018–2022 (KILOTON)   220

TABLE 254         SOUTH AMERICA: GREASE MARKET, BY END-USE INDUSTRY, 2023–2029 (KILOTON)   221

TABLE 255         SOUTH AMERICA: GREASE MARKET, BY END-USE INDUSTRY, 2018–2022 (USD MILLION)          221

TABLE 256         SOUTH AMERICA: GREASE MARKET, BY END-USE INDUSTRY, 2023–2029 (USD MILLION)          222

10.6.5    SOUTH AMERICA: GREASE MARKET, BY COUNTRY        222

TABLE 257         SOUTH AMERICA: GREASE MARKET, BY COUNTRY, 2018–2022 (KILOTON)       222

TABLE 258         SOUTH AMERICA: GREASE MARKET, BY COUNTRY, 2023–2029 (KILOTON)       222

TABLE 259         SOUTH AMERICA: GREASE MARKET, BY COUNTRY, 2018–2022 (USD MILLION) 223

TABLE 260         SOUTH AMERICA: GREASE MARKET, BY COUNTRY, 2023–2029 (USD MILLION) 223

10.6.5.1 Brazil     223

10.6.5.1.1            Increasing demand from energy & power sector to drive market 223

TABLE 261         BRAZIL: GREASE MARKET, BY END-USE INDUSTRY, 2018–2022 (KILOTON)       223

TABLE 262         BRAZIL: GREASE MARKET, BY END-USE INDUSTRY, 2023–2029 (KILOTON)       224

TABLE 263         BRAZIL: GREASE MARKET, BY END-USE INDUSTRY, 2018–2022 (USD MILLION) 224

TABLE 264         BRAZIL: GREASE MARKET, BY END-USE INDUSTRY, 2023–2029 (USD MILLION) 225

10.6.5.2 Argentina            225

10.6.5.2.1            Rising vehicle sales likely to drive market       225

TABLE 265         ARGENTINA: GREASE MARKET, BY END-USE INDUSTRY, 2018–2022 (KILOTON)             225

TABLE 266         ARGENTINA: GREASE MARKET, BY END-USE INDUSTRY, 2023–2029 (KILOTON)             226

TABLE 267         ARGENTINA: GREASE MARKET, BY END-USE INDUSTRY, 2018–2022 (USD MILLION)     226

TABLE 268         ARGENTINA: GREASE MARKET, BY END-USE INDUSTRY, 2023–2029 (USD MILLION)     227

11          COMPETITIVE LANDSCAPE       228

11.1       INTRODUCTION            228

11.2       KEY PLAYER STRATEGIES/RIGHT TO WIN          228

TABLE 269         OVERVIEW OF STRATEGIES ADOPTED BY KEY GREASE MANUFACTURERS        228

11.3       MARKET SHARE ANALYSIS         230

TABLE 270         GREASE MARKET: DEGREE OF COMPETITION  230

FIGURE 64         SHELL PLC LED GREASE MARKET IN 2023           230

11.3.1    RANKING OF KEY MARKET PLAYERS, 2023          232

FIGURE 65         RANKING OF TOP 5 PLAYERS IN GREASE MARKET, 2023 232

11.4       REVENUE ANALYSIS OF MAJOR PLAYERS, 2019–2023       232

FIGURE 66         REVENUE ANALYSIS OF KEY COMPANIES IN LAST 5 YEARS              232

11.5       COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023   233

11.5.1    STARS  233

11.5.2    EMERGING LEADERS    233

11.5.3    PERVASIVE PLAYERS     233

11.5.4    PARTICIPANTS 233

FIGURE 67         COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023   234

11.5.5    COMPANY FOOTPRINT: KEY PLAYERS, 2023      235

11.5.5.1 Company footprint            235

FIGURE 68         GREASE MARKET: COMPANY FOOTPRINT         235

11.5.5.2 Region footprint  236

TABLE 271         GREASE MARKET: REGION FOOTPRINT 236

11.5.5.3 Base oil footprint 237

TABLE 272         GREASE MARKET: BASE OIL FOOTPRINT            237

11.5.5.4 End-use Industry footprint 238

TABLE 273         GREASE MARKET: END-USE INDUSTRY FOOTPRINT      238

11.5.5.5 Thickener type footprint    239

TABLE 274         GREASE MARKET: THICKENER TYPE FOOTPRINT          239

11.6       COMPANY EVALUATION MATRIX: START-UPS/SMES, 2023         240

11.6.1    PROGRESSIVE COMPANIES       240

11.6.2    RESPONSIVE COMPANIES          240

11.6.3    DYNAMIC COMPANIES 240

11.6.4    STARTING BLOCKS       240

FIGURE 69         COMPANY EVALUATION MATRIX: START-UPS/SMES, 2023              241

11.6.5    COMPETITIVE BENCHMARKING: START-UPS/SMES, 2023           242

11.6.5.1 Detailed list of key start-ups/SMES 242

TABLE 275         GREASE MARKET: DETAILED LIST OF KEY START-UPS/SMES              242

11.6.5.2 Competitive benchmarking of key start-ups/SMEs      242

TABLE 276         GREASE MARKET: COMPETITIVE BENCHMARKING OF KEY START-UPS/SMES (3 COMPANIES)         242

11.7       BRAND/PRODUCT COMPARISON          243

FIGURE 70         BRAND/PRODUCT COMPARISON          243

11.8       COMPANY VALUATION AND FINANCIAL METRICS        244

FIGURE 71         EV/EBITDA OF KEY MANUFACTURERS OF GREASE        244

FIGURE 72         ENTERPRISE VALUATION (EV) OF KEY PLAYERS IN GREASE MARKET            244

11.9       COMPETITIVE SITUATION & TRENDS   245

11.9.1    PRODUCT LAUNCHES  245

TABLE 277         GREASE MARKET: PRODUCT LAUNCHES, JANUARY 2018–MARCH 2024     245

11.9.2    DEALS  246

TABLE 278         GREASE MARKET: DEALS, JANUARY 2018–MARCH 2024  246

11.9.3    EXPANSIONS    247

TABLE 279         GREASE MARKET: EXPANSIONS, JANUARY 2018–MARCH 2024              247

12          COMPANY PROFILES    249

(Business overview, Products/Solutions/Services offered, Recent Developments, MnM view, Key strengths, Strategic choices, Weaknesses and competitive threats) *

12.1       KEY PLAYERS   249

12.1.1    EXXON MOBIL CORPORATION 249

TABLE 280         EXXON MOBIL CORPORATION: COMPANY OVERVIEW  249

FIGURE 73         EXXON MOBIL CORPORATION: COMPANY SNAPSHOT 250

TABLE 281         EXXON MOBIL CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED   250

TABLE 282         EXXON MOBIL CORPORATION: EXPANSIONS, JANUARY 2019–MAY 2024           252

12.1.2    TOTALENERGIES SE      254

TABLE 283         TOTALENERGIES SE: COMPANY OVERVIEW      254

FIGURE 74         TOTALENERGIES SE: COMPANY SNAPSHOT      255

TABLE 284         TOTALENERGIES SE: PRODUCTS/SOLUTIONS/SERVICES OFFERED          255

TABLE 285         TOTALENERGIES SE: PRODUCT LAUNCHES, JANUARY 2019–MAY 2024           256

TABLE 286         TOTALENERGIES SE: DEALS, JANUARY 2019–MAY 2024  256

TABLE 287         TOTALENERGIES SE: EXPANSIONS, JANUARY 2019–MAY 2024              257

12.1.3    SHELL PLC        259

TABLE 288         SHELL PLC: COMPANY OVERVIEW         259

FIGURE 75         SHELL PLC: COMPANY SNAPSHOT        260

TABLE 289         SHELL PLC: PRODUCTS/SOLUTIONS/SERVICES OFFERED              260

TABLE 290         SHELL PLC: PRODUCT LAUNCHES, JANUARY 2019–MAY 2024              261

TABLE 291         SHELL PLC: DEALS, JANUARY 2019–MAY 2024     262

12.1.4    CHEVRON CORPORATION         264

TABLE 292         CHEVRON CORPORATION: COMPANY OVERVIEW         264

FIGURE 76         CHEVRON CORPORATION: COMPANY SNAPSHOT         264

TABLE 293         CHEVRON CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED   265

TABLE 294         CHEVRON CORPORATION: PRODUCT LAUNCHES, JANUARY 2019–MAY 2024 266

TABLE 295         CHEVRON CORPORATION: DEALS, JANUARY 2019–MAY 2024              267

TABLE 296         CHEVRON CORPORATION: EXPANSIONS, JANUARY 2019–MAY 2024      267

12.1.5    BP P.L.C.            269

TABLE 297         BP P.L.C.: COMPANY OVERVIEW             269

FIGURE 77         BP P.L.C.: COMPANY SNAPSHOT            270

TABLE 298         BP P.L.C.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 270

TABLE 299         BP P.L.C.: EXPANSIONS, JANUARY 2019–MAY 2024           271

12.1.6    FUCHS PETROLUB SE   273

TABLE 300         FUCHS PETROLUB SE: COMPANY OVERVIEW    273

FIGURE 78         FUCHS PETROLUB SE: COMPANY SNAPSHOT    274

TABLE 301         FUCHS PETROLUB SE: PRODUCTS/SOLUTIONS/SERVICES OFFERED          274

TABLE 302         FUCHS PETROLUB SE: DEALS, JANUARY 2019–MAY 2024 276

TABLE 303         FUCHS PETROLUB SE: EXPANSIONS, JANUARY 2019–MAY 2024              276

12.1.7    VALVOLINE INC.            277

TABLE 304         VALVOLINE INC.: COMPANY OVERVIEW            277

FIGURE 79         VALVOLINE INC: COMPANY SNAPSHOT             277

TABLE 305         VALVOLINE INC: PRODUCTS/SOLUTIONS/SERVICES OFFERED              278

TABLE 306         VALVOLINE INC: PRODUCT LAUNCHES, JANUARY 2019–MAY 2024      279

TABLE 307         VALVOLINE INC: DEALS, JANUARY 2019–MAY 2024         279

TABLE 308         VALVOLINE INC: EXPANSIONS, JANUARY 2019–MAY 2024              280

12.1.8    CHINA PETROLEUM & CHEMICAL CORPORATION         281

TABLE 309         CHINA PETROLEUM & CHEMICAL CORPORATION: COMPANY OVERVIEW        281

FIGURE 80         CHINA PETROLEUM & CHEMICAL CORPORATION: COMPANY SNAPSHOT        282

TABLE 310         CHINA PETROLEUM & CHEMICAL CORPORATION: PRODUCTS/SOLUTIONS/ SERVICES OFFERED  282

TABLE 311         CHINA PETROLEUM & CHEMICAL CORPORATION: DEALS, JANUARY 2019–MAY 2024            283

TABLE 312         CHINA PETROLEUM & CHEMICAL CORPORATION: OTHER DEVELOPMENTS, JANUARY 2019–MAY 2024        284

12.1.9    ENEOS HOLDINGS, INC.             285

TABLE 313         ENEOS HOLDINGS, INC.: COMPANY OVERVIEW 285

FIGURE 81         ENEOS HOLDINGS, INC.: COMPANY SNAPSHOT 285

TABLE 314         ENEOS HOLDINGS, INC: PRODUCTS/SOLUTIONS/SERVICES OFFERED          286

TABLE 315         ENEOS HOLDINGS, INC.: DEALS, JANUARY 2019–MAY 2024              288

12.1.10  IDEMITSU KOSAN CO., LTD.      289

TABLE 316         IDEMITSU KOSAN CO. LTD: COMPANY OVERVIEW        289

FIGURE 82         IDEMITSU KOSAN CO., LTD.: COMPANY SNAPSHOT      290

TABLE 317         IDEMITSU KOSAN CO., LTD: PRODUCTS/SOLUTIONS/SERVICES OFFERED   291

TABLE 318         IDEMITSU KOSAN CO., LTD: EXPANSIONS, JANUARY 2019–MAY 2024      292

12.1.11  PETRONAS        293

TABLE 319         PETRONAS: COMPANY OVERVIEW        293

FIGURE 83         PETRONAS: COMPANY SNAPSHOT        294

TABLE 320         PETRONAS: PRODUCTS/SOLUTIONS/SERVICES OFFERED              294

TABLE 321         PETRONAS: PRODUCT LAUNCHES, JANUARY 2019–MAY 2024              296

TABLE 322         PETRONAS: DEALS, JANUARY 2019–MAY 2024     296

TABLE 323         PETRONAS: EXPANSIONS, JANUARY 2019–MAY 2024       297

*Details on Business overview, Products/Solutions/Services offered, Recent Developments, MnM view, Key strengths, Strategic choices, Weaknesses and competitive threats might not be captured in case of unlisted companies.

12.2       OTHER KEY MARKET PLAYERS 298

12.2.1    AXEL AMERICAS LLC     298

TABLE 324         AXEL AMERICAS LLC: COMPANY OVERVIEW     298

12.2.2    BALMER LAWRIE & CO. LTD.     298

TABLE 325         BALMER LAWRIE & CO. LTD.: COMPANY OVERVIEW      298

12.2.3    LUKOIL 299

TABLE 326         LUKOIL: COMPANY OVERVIEW 299

12.2.4    MARATHON PETROLEUM CORPORATION         299

TABLE 327         MARATHON PETROLEUM CORPORATION: COMPANY OVERVIEW        299

12.2.5    BEL-RAY COMPANY, LLC.          300

TABLE 328         BEL-RAY COMPANY, LLC: COMPANY OVERVIEW            300

12.2.6    CHEMTOOL INC.           300

TABLE 329         CHEMTOOL INC.: COMPANY OVERVIEW            300

12.2.7    CITGO PETROLEUM CORPORATION     301

TABLE 330         CITGO PETROLEUM CORPORATION: COMPANY OVERVIEW              301

12.2.8    HARRISON MANUFACTURING CO PTY LTD.      301

TABLE 331         HARRISON MANUFACTURING CO PTY LTD.: COMPANY OVERVIEW        301

12.2.9    PHILLIPS 66      302

TABLE 332         PHILLIPS 66: COMPANY OVERVIEW       302

12.2.10  INDIAN OIL CORPORATION LIMITED (IOCL)    302

TABLE 333         INDIAN OIL CORPORATION LIMITED (IOCL): COMPANY OVERVIEW        302

12.2.11  HEXOL INTERNATIONAL LTD. 303

TABLE 334         HEXOL INTERNATIONAL LTD.: COMPANY OVERVIEW  303

12.2.12  LUBRI-LAB INC.              303

TABLE 335         LUBRI-LAB INC.: COMPANY OVERVIEW 303

12.2.13  PENRITE OIL COMPANY             304

TABLE 336         PENRITE OIL COMPANY: COMPANY OVERVIEW             304

12.2.14  PERTAMINA      304

TABLE 337         PERTAMINA: COMPANY OVERVIEW      304

13          ADJACENT & RELATED MARKETS          305

13.1       INTRODUCTION            305

13.2       LIMITATIONS   305

13.3       MARINE LUBRICANTS MARKET 305

13.3.1    MARKET DEFINITION   305

13.3.2    MARKET OVERVIEW     306

13.3.3    MARINE LUBRICANTS MARKET, BY REGION      306

TABLE 338         MARINE LUBRICANTS MARKET, BY REGION, 2017–2022 (USD MILLION)          306

TABLE 339         MARINE LUBRICANTS MARKET, BY REGION, 2023–2028 (USD MILLION)          306

TABLE 340         MARINE LUBRICANTS MARKET, BY REGION, 2017–2022 (KILOTON)       307

TABLE 341         MARINE LUBRICANTS MARKET, BY REGION, 2023–2028 (KILOTON)       307

13.3.3.1 North America     307

TABLE 342         NORTH AMERICA: MARINE LUBRICANTS MARKET, BY COUNTRY, 2017–2022 (USD MILLION)    307

TABLE 343         NORTH AMERICA: MARINE LUBRICANTS MARKET, BY COUNTRY, 2023–2028 (USD MILLION)    308

TABLE 344         NORTH AMERICA: MARINE LUBRICANTS MARKET, BY COUNTRY, 2017–2022 (KILOTON)           308

TABLE 345         NORTH AMERICA: MARINE LUBRICANTS MARKET, BY COUNTRY, 2023–2028 (KILOTON)           308

13.3.3.2 Europe  309

TABLE 346         EUROPE: MARINE LUBRICANTS MARKET, BY COUNTRY, 2017–2022 (USD MILLION)     309

TABLE 347         EUROPE: MARINE LUBRICANTS MARKET, BY COUNTRY, 2023–2028 (USD MILLION)     309

TABLE 348         EUROPE: MARINE LUBRICANTS MARKET, BY COUNTRY, 2017–2022 (KILOTON)             310

TABLE 349         EUROPE: MARINE LUBRICANTS MARKET, BY COUNTRY, 2023–2028 (KILOTON)             310

13.3.3.3 Asia Pacific          311

TABLE 350         ASIA PACIFIC: MARINE LUBRICANTS MARKET, BY COUNTRY, 2017–2022 (USD MILLION)          311

TABLE 351         ASIA PACIFIC: MARINE LUBRICANTS MARKET, BY COUNTRY, 2023–2028 (USD MILLION)          311

TABLE 352         ASIA PACIFIC: MARINE LUBRICANTS MARKET, BY COUNTRY, 2017–2022 (KILOTON)   312

TABLE 353         ASIA PACIFIC: MARINE LUBRICANTS MARKET, BY COUNTRY, 2023–2028 (KILOTON)   312

13.3.3.4 Middle East & Africa          313

TABLE 354         MIDDLE EAST & AFRICA: MARINE LUBRICANTS MARKET, BY COUNTRY, 2017–2022 (USD MILLION)    313

TABLE 355         MIDDLE EAST & AFRICA: MARINE LUBRICANTS MARKET, BY COUNTRY, 2023–2028 (USD MILLION)    313

TABLE 356         MIDDLE EAST & AFRICA: MARINE LUBRICANTS MARKET, BY COUNTRY, 2017–2022 (KILOTON)           314

TABLE 357         MIDDLE EAST & AFRICA: MARINE LUBRICANTS MARKET, BY COUNTRY, 2023–2028 (KILOTON)           314

13.3.3.5 South America     314

TABLE 358         SOUTH AMERICA: MARINE LUBRICANTS MARKET, BY COUNTRY, 2017–2022 (USD MILLION)    314

TABLE 359         SOUTH AMERICA: MARINE LUBRICANTS MARKET, BY COUNTRY, 2023–2028 (USD MILLION)    315

TABLE 360         SOUTH AMERICA: MARINE LUBRICANTS MARKET, BY COUNTRY, 2017–2022 (KILOTON)           315

TABLE 361         SOUTH AMERICA: MARINE LUBRICANTS MARKET, BY COUNTRY, 2023–2028 (KILOTON)           315

14          APPENDIX         316

14.1       DISCUSSION GUIDE      316

14.2       KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL             319

14.3       CUSTOMIZATION OPTIONS      321

14.4       RELATED REPORTS       321

14.5       AUTHOR DETAILS         322