Global Greases Market Size & Outlook, 2023-2030
Global greases market, 2018-2030 (US$M)
Related Markets
Global greases market highlights
- The global greases market generated a revenue of USD 5,842.5 million in 2023 and is expected to reach USD 7,678.6 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 4% by 2030.
- In terms of segment, mineral accounted for a revenue of USD 3,641.6 million in 2023.
- Mineral is the most lucrative form segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2023.
- Country-wise, Mexico is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 5,842.5 million |
| Market revenue in 2030 | USD 7,678.6 million |
| Growth rate | 4% (CAGR from 2023 to 2030) |
| Largest segment | Mineral |
| Fastest growing segment | Mineral |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Mineral, Synthetic, Bio-based |
Other key industry trends
- In terms of revenue, the North America accounted for 13.6% of the global greases market in 2023.
- By country, the China is projected to lead the global market in terms of revenue in 2030.
- By country, Mexico is the fastest growing regional market and is projected to reach USD 109.0 million by 2030.
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Greases Market Scope
Greases Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global greases market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to greases market will help companies and investors design strategic landscapes.
Mineral was the largest segment with a revenue share of 62.33% in 2023. Horizon Databook has segmented the Global greases market based on mineral, synthetic, bio-based covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Greases Form Outlook (Revenue, USD Million, 2018-2030)
- Mineral
- Synthetic
- Bio-based
- Global Greases Application Outlook (Revenue, USD Million, 2018-2030)
- Construction
- Metal & Mining
- Power Generation
- Food Processing
- Agriculture
- Manufacturing
- Others
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Target buyers of Global greases market databook
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Our clientele includes a mix of greases market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global greases market, including forecasts for subscribers. This global databook contains high-level insights into Global greases market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global greases market size, by regions, 2018-2030 (US$M)
Top 10 countries: Greases market size, 2023 (US$M)
Global greases market share, by form, 2023 & 2030 (%, US$M)
Greases market: Opportunity assessment by country
Global greases market, by region, 2023 (US$M)
Related regional statistics
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