DUBLIN--(BUSINESS WIRE)--The "Vacuum Grease Market Analysis, By Type (Silicone, Fluorocarbon, Hydrocarbon), By Application (Food Processing, Laboratory Equipment, Pharmaceutical), By Region, And Segment Forecasts, 2014 - 2025" report has been added to Research and Markets' offering.
The global vacuum grease market is expected to reach USD 155.9 million by 2025, growing at a CAGR of 6.0%, according to a new report. Increasing use of high precision machines operating under vacuum environments is leading the demand for vacuum grease to provide lubrication in high temperature and pressure environments. Also, its demand is rising owing to its wide acceptance as a safe sealant among industries such as food processing, automotive and aerospace.
Vacuum grease, available in various variants depending on the base oil used, such as silicone based, hydrocarbon based, and fluorocarbon, is largely used as a sealant of O-rings, bearings, valves in vacuum environments. Europe and North America, were estimated as the dominant regions comprising a maximum share of the market in 2016. The growth in these regions are led by Germany and U.S. respectively. Germany, one of the largest exporter of food processing equipment, was estimated to be the largest consumer.
In terms of revenue, the global vacuum grease market in 2016 was driven by its applications in laboratory, food processing, automotive, and aerospace industries. In 2016, Europe and North America, emerged as the largest regional segments owing to the rapid investment and focus on research activities in academic, health care, and industrial sectors.
- DOW Corning Corporation
- M&I Materials Ltd.
- Castrol Limited
- Maax Lubrication Pvt Ltd
- Shin-Etsu Silicone.
- MPT Industries
- The Chemours Company
- Solvay S.A.
- Supervac Industries
- Eastern Petroleum Pvt. Ltd.
Key Topics Covered:
Chapter 1 Methodology and Scope
Chapter 2 Executive Summary
Chapter 3 Vacuum Grease Market Variables, Trends, and Scope
Chapter 4 Vacuum Grease Market: Type Estimates & Trend Analysis
Chapter 5 Vacuum Grease Market: Application Estimates & Trend Analysis
Chapter 6 Vacuum Grease Market: Regional Estimates & Trend Analysis
Chapter 7 Competitive Landscape
Chapter 8 Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/6628br/vacuum_grease