Zion Market Research, The Market Research Group Announced The Analysis Report Titled "Grease Cartridges Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2018–2026 "
Sarasota, FL -- (SBWIRE) -- 11/09/2018 -- Global Grease Cartridges Market: Overview
Demand and requirements from machinery operators for exceptional corrosion and better resistance of the machinery equipment has led to the start of developed kinds of greases. Grease cartridges are broadly being utilized for storage space of greases. In addition, grease cartridges have considerably decreased the machine downtime as compared to other conventional formats. The global grease cartridge market has been observing a stable growth, owing to improved functionality in humid and wet environments.
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Global Grease Cartridges Market: Growth Factors
Increasing demand and requirements for lubricating grease in mining and automotive sector is expected to support the expansion of the global grease cartridges market. Cartridges decrease human efforts to a great extent while utilizing grease for machinery equipment. Customers are moving toward suitable commodities for lubricating purposes. Producers come up with different innovations in the lubricant packaging solutions, where plastic cartridges are projected to observe a shift in demand, particularly from fiberboard cartridges. The automotive sector is considered to be the most important end-user of the grease cartridges market. Grease cartridges are utilized for the lubrication of automotive equipment. In addition, there is huge demand and requirement for marine lubricants, as they offer improved leakage protection, better resistance to rust, minor viscosity loss, and greater anti-wear capabilities. This will further fuel the development of the global grease cartridges market.
Global Grease Cartridges Market: Segmentation
The grease cartridges market can be divided based on capacity, material type, and closure type. On the basis of capacity, the market for grease cartridges can be segmented into 14.5oz, 14.1oz, 14oz, and 3oz. The 14oz segment is likely to account for the highest market share of the global grease cartridges market in the upcoming years, owing to its demand in the lubrication sector. Based on material type, the market for grease cartridges can be categorized into plastic (PP and HDPE) and fiberboard. The plastic segment is projected to dominate the global grease cartridges market in the coming years, due to improved leakage protection. On the basis of closure type, the market for grease cartridges can be fragmented into piston cap, spouted, flat cap, and pull-off.
Global Grease Cartridges Market: Regional Analysis
Based on regions, the global market for grease cartridges can be divided into five main regions: North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa. The North America region is projected to lead and dominate the grease cartridges market. This is due to fast industrialization along with an advanced base of end-users in the region. The Asia Pacific region is projected to account for the highest revenue share in the global grease cartridges market, owing to growing demand and requirement for lubrication in the automobile sector. In the Latin American region, the development of the global grease cartridges market is anticipated to be good in the coming years.
Global Grease Cartridges Market: Competitive Players
Some of the key players in the global grease cartridges market are Sonoco Products Company, Long Thames Enterprise, Bev-Cap, Andpak Incorporation, Biederman Enterprises Limited, Schieferdecker GmbH, MBP Manufacture Bourguignonne de Plastique, Fischbach, Tubi System, Adhesive Materials Group., Berlin Packaging, Plastic Tooling Manufacturing, Eurokartuschen, and GR Produkter AB, among others.
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Global Grease Cartridges Market: Regional Segment Analysis
The Asia Pacific
The Middle East and Africa