Industrial Lubricants & Process Fluids · Direct
Monitoring · monthlyProcurement Category Intelligence
Grease (Industrial)
Overview
Market size
$6.0B
global, USD
CAGR
4.7%
base to forecast
Buyer power
-2.0
supplier-favoured
Suppliers
8
tracked players
Signals
12
5 high severity
Market outlook
2031$7.5B
What changed
Demand by region
Asia Pacific demand42%
North America demand24%
Europe demand18%
Latin America demand8%
Rest of world demand8%
share of global demandtotal 100%
Cost drivers
Base Oil Feedstock (Mineral and Synthetic)50%
Thickeners and Additives (Lithium, Complex, Performance Packs)20%
Manufacturing and Energy Costs12%
Packaging and Materials8%
Logistics and Delivered Freight10%
share of delivered cost (analyst estimate)