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Grease Pump Market Size & Share, by Type (Manual, Electric, Hydraulic, Pneumatic); Pressure (Below 50 Bar, 51 to 100, 101 to 200, 201 to 350, 351 to 500, Above 500); Pump Type (Centrifugal, Peristaltic, Rotary Piston, Air Operated); End-user (Automotive, Consumer Electronics, Mining, Construction) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2025-2037

  • Report ID: 4065
  • Published Date: Dec 26, 2024
  • Report Format: PDF, PPT

Global Market Size, Forecast, and Trend Highlights Over 2025-2037

Grease Pump Market size was valued at USD 10.75 billion in 2024 and is expected to reach USD 20.02 billion by 2037, expanding at around 4.9% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of grease pump is assessed at USD 11.2 billion.

The growth of the market can be attributed to factors, such as the necessity for an effective lubricating device, general wear and tear in automotive and mechanical components, and rising demand in multiple industries, such as automotive, oil, and construction. In the automotive industry, a grease pump is utilized in the repairing and servicing process. For instance, it is recommended by manufacturers that a vehicle should be serviced every year or after completing 12,000 miles. Furthermore, in 2021, approximately 67 million units of automobiles were sold worldwide.  The standard form of grease pump is constantly being developed to facilitate the consumer to work with more accuracy. The manufacturers of grease pumps constantly introduce enhanced and developed forms of the pump in the market. Another major factor to influence the growth of the global grease pump market positively over the forecast period is a large portion of the global population owning some type of vehicle and performing vehicle servicing at home.

Growth Drivers

  • Rising Demand for Grease Pumps in the Various Industries

  • Requirement of an Efficient Lubricating Equipment

  • Wear and Tear in Mechanical Components

Challenges

  • Easy Access to the Alternative Pumping Equipment

Grease Pump Market: Key Insights

Report Attribute Details

Base Year

2024

Forecast Year

2025-2037

CAGR

4.9%

Base Year Market Size (2024)

USD 10.75 billion

Forecast Year Market Size (2037)

USD 20.02 billion

Regional Scope

  • North America (U.S., and Canada)
  • Asia Pacific (Japan, China, India, Indonesia, Malaysia, Australia, South Korea, Rest of Asia Pacific)
  • Europe (UK, Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Latin America (Mexico, Argentina, Brazil, Rest of Latin America)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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Grease Pump Segmentation

The market is segmented by end-user industry, into automotive, consumer electronics, mining, and construction, out of which, the automotive segment is anticipated to hold a significant share in the global grease pump market over the forecast period on account of continuous demand in the servicing of vehicles, and the indemnity for the damage caused to the vehicles.

Our in-depth analysis of the global market includes the following segments:

           By Type
  • Manual
  • Electric
  • Hydraulic
  • Pneumatic

             By Pressure
  • Below 50 Bar
  • 51 to 100
  • 101 to 200
  • 201 to 350
  • 351 to 500
  • Above 500

 

 

         By Pump Type
  • Centrifugal
  • Peristaltic
  • Rotary Piston
  • Air Operated

           By End-User Industry
  • Automotive
  • Consumer Electronics
  • Mining
  • Construction
Vishnu Nair
Vishnu Nair
Head - Global Business Development

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Grease Pump Industry - Regional Synopsis

Regionally, the global grease pump market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa region. Europe industry is likely to dominate majority revenue share by 2037, as the region is one of the largest hubs for automotive industry. For instance, about 6 million motor vehicles are exported worldwide from Europe annually. Furthermore, the revenue of the consumer electronics industry in Europe amounted to approximately USD 200 billion in 2022 which directly influence the growth of the market. 

Additionally, the global grease pump market in the Asia Pacific is further projected to grow throughout the forecast period, owing to the significant manufacturing of the 2 and 3-wheelers in the region that requires greasing and maintenance. Therefore, the region provides a higher potential for lucrative sales of grease pumps over the forecast period.

Grease-Pump-Market-Share
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Companies Dominating the Grease Pump Landscape

    • Castle Pump Ltd.
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis 
    • TriRotor Inc
    • Pressol Schmiergerate GmbH
    • TAKADA CORPORATION
    • Ingersoll Rand, Inc.
    • LUBE Corporation
    • North Ridge Pumps Ltd
    • Flexbimec International srl
    • DAV Tech Srl
    • SAMOA INDUSTRIAL, S.A.

Recent Developments

  • February 21, 2019: DAV Tech srl launched the new displacement pumps, Gears Volumetric pumps, with higher precision owing to guaranteed accuracy and capacity to work under most extreme weather conditions. 

  • April 11, 2018: Ingersoll Rand launched a new model of R-Series oil-flooded screw air compressor generation at an event organized in Dubai.

  • Report ID: 4065
  • Published Date: Dec 26, 2024
  • Report Format: PDF, PPT
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Frequently Asked Questions (FAQ)

In the year 2025, the industry size of grease pump is assessed at USD 11.2 billion.

Grease Pump Market size was valued at USD 10.75 billion in 2024 and is expected to reach USD 20.02 billion by 2037, expanding at around 4.9% CAGR during the forecast period i.e., between 2025-2037.

Europe industry is likely to dominate majority revenue share by 2037, as the region is one of the largest hubs for automotive industry.

The major players in the market are Castle Pump Ltd., TriRotor Inc, Pressol Schmiergerate GmbH, TAKADA CORPORATION, Ingersoll Rand, Inc., LUBE Corporation, North Ridge Pumps Ltd, Flexbimec International srl, DAV Tech Srl, and SAMOA INDUSTRIAL, S.A.

Grease Pump Market Report Scope

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