Polyurea-Based Greases Market Forecast, Trend Analysis & Competition Tracking - Global Market insights 2018 to 2028

  • Published : Ongoing
  • Category : Chemical & Materials
  • Report Code : FACT1798MR

Polyurea-Based Greases Market: Introduction- Polyurea-based greases are the most advanced greases in grease technology. Polyurea-based greases are non-soap greases that do not contain any metallic elements for rendering the grease. The first polyuria-based grease was made in the year 1954.

Polyurea-based-greases are mostly used in Japanese OEMs and they are used in 6% of all grease applications globally. Polyurea-based greases offer good water-resistance and high thermal stability. Polyurea-based greases are well-formulated greases. The advantages of polyuria-based greases are low noise properties, good start-up performance at low temperatures, their ability to sustain for a long period at high temperatures as compared to other greases, very high corrosion, oxidation & high-shear stability and good mechanical, low velocity, low wear & very low oil bleed properties. Due to these properties, polyuria-based greases are the number one choice for ball bearings, life bearings, constant velocity joins as well as for for the electric motor applications. Polyurea-based greases are mostly used in steel mills for continuous caster, boat trailer wheel bearings, generator bearings, agriculture machinery for multipurpose applications, alternator bearings, automotive wheel bearings, water pumps & industrial fans, rolling bearing in textiles and dry machines, among others. Polyurea based greases have four major applications: ball bearing, sealed for life bearing, electric motor bearing and in Constant Velocity Joints (CVJ).

Polyurea-based greases are thicker in structure, which has a very crucial effect on all its properties. Polyurea-bases greases contain different types of urea groups in the polyurea thicker molecule. Due to the numerous advantages offered by them, polyurea-based greases are mostly used for oil separation, dropping point, penetration, shear stability as well as for extreme pressure evaluation.

Polyurea-Based Greases Market: Dynamics- The global polyuria-based greases market is projected to grow in the forecast period due to an increase in the demand for polyuria-based greases in various industries such as steel, mining, automotive and construction. The demand for polyuria-based greases is expected to increase in the automotive, steel and construction industry due to growth in these industries and infrastructure development across the globe. The demand for polyuria-based greases in China, Germany, the U.S., Japan and India is rising because these countries consume significant amounts of polyuria-based greases across various end-use industries such mining, manufacturing, steel, automotive, construction and infrastructure development activities. The demand for polyuria-based greases in North America and Asia is expected to increase due to the growing automotive, manufacturing, steel & construction industry, infrastructure development and new technology innovations in the coming years.

 

Polyurea-Based Greases Market: Segments-

Based on application, the global polyuria-based greases market is segmented into:

  • BALL BEARINGS
  • SEALED-FOR-LIFE BEARINGS
  • ELECTRIC MOTOR BEARINGS
  • CONSTANT VELOCITY JOINT (CVJ)

Based on end use, the global polyuria-based greases market is segmented into:

  • Automotive
  • Manufacturing
  • Construction
  • Steel
  • Mining
  • Agriculture
  • Others

Polyurea-Based Greases Market: Regional Outlook: North America prominently generated revenue in the polyuria-based greases market in 2017, which is expected to grow significantly due to increase in the demand from the automotive, mining and steel industries. Europe is projected to be a prominent revenue-generating region in the polyuria-based greases market by 2028 owing to growing demand from the manufacturing, steel, automotive and construction industries. Growth in various industries, increase in the standard of living and infrastructure development in India, China and other parts of Asia Pacific is expected to boost the polyuria-based greases market in these regions during the forecast period.  Africa, Latin America and the Middle East are growing markets for polyurea based greases.

Polyurea-Based Greases Market: Key Participants-

Some of the major key players in the polyuria-based greases market are:

  • Martin Lubricants
  • Chevron
  • Imperator
  • BECHEM
  • HUSK-ITT Corporation
  • Lubricant Consult GmbH
  • Canoil Canada Ltd.
  • Schaeffer Manufacturing Co

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geography, end user, product type, and application.

The report covers exhaustive analysis on:

  • Market Segments
  • Market Dynamics
  • Market Size
  • Supply & Demand
  • Current Trends and Issues and Challenges
  • Competition & Companies Involved
  • Technology
  • Value Chain

Regional analysis includes:

  • North America (U.S., Canada)
  • Latin America (Brazil, Mexico, Rest Of Latin America)
  • Western Europe (Germany, Italy, France, U.K, Spain, Nordic countries, Belgium, Netherlands, Luxembourg)
  • Eastern Europe (Poland, Russia, Rest Of Eastern Europe)
  • Asia Pacific Excluding Japan (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • Middle East and Africa (GCC countries, S. Africa, N. Africa, Rest Of MEA)

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators, and governing factors, along with market attractiveness as per segment. The report also maps the qualitative impact of various market factors on market segments and geographies.

Report Highlights:

  • Detailed overview of parent market
  • Changing market dynamics in the industry
  • In-depth market segmentation
  • Historical, current and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies of key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on market performance
  • Must-have information for market players to sustain and enhance their market footprint

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