High Temperature Grease Market Segmentation:
Type Segment Analysis
The silicone grease segment in the high temperature grease market is estimated to gain the largest revenue share of 65% by the end of 2035. Silicone grease exhibits excellent performance across a wide temperature range, making it suitable for both high-and low-temperature applications. Silicone greases can withstand temperatures ranging from as low as -40°C (-40°F) to as high as 200°C (392°F). Silicone grease has inherent water repellency, which makes it highly effective in applications exposed to water, moisture, or humidity.
End user Segment Analysis
High temperature grease market from the automotive segment is expected to garner a significant share in the forthcoming years. The global automotive industry has been witnessing steady growth in vehicle production and sales, leading to higher demand for lubricants, including high-temperature greases, used in automotive components and systems. In 2021, the global automotive industry produced over 78 million passenger cars, with China, the U.S., and Japan being the top vehicle-producing countries.
Production, sales, and trade of vehicles by USMCA countries, 2022, in millions of units
|
Country |
Production |
Sales |
Imports |
Exports |
|
The U.S. |
10 |
14.2 |
7.2 |
2.7 |
|
Canada |
1.2 |
1.6 |
1.6 |
1.3 |
|
Mexico |
3.5 |
1.1 |
1 |
3.3 |
|
All USMCA countries |
14.7 |
16.9 |
9.8 |
7.3 |
Source: USITC
Our in-depth analysis of the global high temperature grease market includes the following segments:
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Type |
|
|
End user |
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