omkar abhang

High Temperature Grease & Lubricants Market to Perceive Substantial Growth During 2024

Press Release   •   Jan 18, 2018 02:15 EST

High temperature grease & lubricants are substances employed in industrial bearing applications running at extreme temperatures ranging from 100oC to 1800oC. They are used to reduce the friction between two moving surfaces, causing reduced levels of wear and tear. The bearings therefore become equipped with better longevity, reduced downtime, energy conservation, and extended lubrication cycles. High temperature grease and lubricants provide their metal surfaces with maximum protection in severe operating conditions such as high shock loading, vibration, and extreme pressure.

Read Report Overview @

https://www.transparencymarketresearch.com/high-temperature-grease-lubricants-market.html

Furthermore, these lubricants possess excellent rust and oxidation inhibiting properties, good water resistance, and high thermal & mechanical stability, besides adhesive properties which prevent them from pounding out, washing out, or splattering out in stark operating circumstances. High temperature grease and lubricants are utilized in various industries such as steel, mining, and marine, as well as in commercial vehicles and passenger vehicles in the automotive sector.

In terms of thickener formulation, the high temperature grease & lubricants market could be divided into the soap-based and non-soap-based categories. The former is expected to dominate the market during the forecast period primarily due to their high operational temperature range, improved oxidative stability, and extensive usage in the industrial and automotive sectors. Soap-based high temperature grease and lubricants are further classified into the lithium complex, aluminum complex, and calcium sulfonate varieties. Lithium complex-based grease and lubricants, widely used in steel plants and in the mining and engineering industries, are manufactured from extremely refined base oils with a high viscosity index. They offer advanced thermal degradation limits and exhibit excellent water tolerance and mechanical stability. Non-soap-based high temperature grease and lubricants are split into the polyurea, clay, and silica segments. They are prepared from either inorganic or organic thickeners.

The rising demand for automobiles in emerging economies is one of the major factors driving the high temperature grease & lubricants market. The increasing requirement for soap-based lithium complex as well as production of machines and equipment in end-use industries also contributes to this market’s expansion, while fuelling the need for these lubricants. Rapid industrialization and growth in trade provide immense opportunities for industries manufacturing them.

The increasing amount of disposable income of citizens of Asia Pacific boosting the demand for automobiles is another instrumental cause. North America and Europe are projected to be dominant regions in terms of car manufacturing which leads to a surge in the number of commercial and passenger vehicles in these regions. Furthermore, the automobile market in Europe is progressing quickly toward the adoption of high temperature grease and lubricants. Manufacturers are entering into partnerships to develop products that meet the specific needs of various industrial applications.

Request to view Sample Report:

https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=17372

Key players operating in the global high temperature grease & lubricants market include Royal Dutch Shell Plc, Exxon Mobil Corporation, Sinopec Limited, Total S.A., BP Plc, Chevron Corporation, and Fuchs Petrolub AG.

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We have an experienced team of Analysts, Researchers, and Consultants, who us e proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Each TMR Syndicated Research report covers a different sector – such as pharmaceuticals, chemical, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, our syndicated reports thrive to provide clients to serve their overall research requirement.

Contact

Transparency Market Research
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA – Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com