Research and Markets: Vacuum Grease Market by Type, by Application, by Region – Global Forecast to 2020
By Business Wire News
By Business Wire News
Research and Markets (http://www.researchandmarkets.com/research/j4fsf8/vacuum_grease) has announced the addition of the “Vacuum Grease Market by Type, by Application, by Region – Global Forecast to 2020” report to their offering.
The vacuum grease market size is estimated to reach 64.8 thousand tons by 2020, signifying a CAGR of 5.3% between 2015 and 2020.
The global vacuum grease market, along with its applications, showed a high growth in the past few years and is estimated to continue in coming years. Increase in the demand from laboratory & industrial equipment and food processing applications will be the key influencing factors for the global vacuum grease market. The laboratory & industrial equipment sector accounted for 66.8% share of the market in 2014. The second-largest application segment is the food processing sector with a share of 18.2% in terms of value.
Currently, Europe is the largest consumer of vacuum grease and is estimated to grow at the CAGR 11.9%, in terms of value, during the forecast period. Countries such as the U.K., France, and Germany are expected to lead the European vacuum grease market, with the U.K. having the largest share in the regional volumetric consumption of vacuum grease.
This high consumption volume can be attributed to the rising demand of vacuum grease in the laboratory & industrial equipment segment. The vacuum grease market in Asia-Pacific is expected to register the fastest CAGR of 12.0%. China and India will consume more vacuum grease as the laboratory & industrial equipment market is expected to grow owing to the outsourcing of research projects in these countries.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Vacuum Grease Market, By Type
8 Vacuum Grease Market, By Application
9 Vacuum Grease Market, By Region
10 Competitive Landscape
11 Company Profiles
- Castrol Ltd.
- DOW Corning
- Fuchs Lubritech GmbH
- Inland Vacuum Industries Inc.
- Kluber Lubrication
- M&I Materials Limited
- MPT Industries
- Santolubes LLC
- Solvay S.A.
- Supervac Industries
- The Chemours Company
- ULVAC Technologies Inc.
For more information visit http://www.researchandmarkets.com/research/j4fsf8/vacuum_grease
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