Boston, MA -- (SBWIRE) -- 11/16/2016 -- Additives are used in greases because of the special properties that they impart to the base fluids and thickeners. Some of these properties are the protection of greased surfaces from oxidation, corrosion, wear and tear, and extreme pressure. Greases are mainly classified according to the grades established by the National Lubricating Grease Institute (NLGI).

Technavio's analysts forecast the global grease additives to grow at a CAGR of 2.11% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global grease additives for 2016-2020. To calculate the market size, the report considers considers the consumption volume of grease additives by different end-users for multiple applications across geographies.

Get More Details on this Report and a Full Table of Contents at Global Grease Additives Market 2016-2020

The market is divided into the following segments based on geography:

-APAC
-Europe
-MEA
-North America
-South America

Technavio's report, Global Grease Additives Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

-Afton Chemical
-BASF
-Clariant
-Lubrizol
-Innospec

Market driver

-Driving inclination toward complex soap-based greases
-For a full, detailed list, view our report

Market challenge

-Adoption of HEVs
-For a full, detailed list, view our report

Market trend

-Higher-performing biodegradable greases
-For a full, detailed list, view our report

Key questions answered in this report

-What will the market size be in 2020 and what will the growth rate be?
-What are the key market trends?
-What is driving this market?
-What are the challenges to market growth?
-Who are the key vendors in this market space?
-What are the market opportunities and threats faced by the key vendors?
-What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.

Companies Mentioned in this Report: Afton Chemical, BASF, Clariant, Lubrizol, Innospec

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