Chicago, Oct. 19, 2022 (GLOBE NEWSWIRE) — The globe bentonite grease market is expected to reach $433.3 million by 2030 at a CAGR of 2.4% from $358.4 million in 2022according to the latest study by MarketsandMarkets™. Bentonite Grease (Extreme Pressure) is an inorganic clay-based grease for plain and roller bearings that operate at temperatures higher than where conventional soap-based greases can be used. This grease is a multi-purpose amber grease containing anti-corrosion and extreme pressure additives and is suitable for most conditions, particularly at elevated temperatures. Grease performance is only limited by the properties of the base oil.
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Browse an extensive table of contents on Bentonite Grease Market
231 – Market Data Tables
79 – numbers
List of Key Players in Bentonite Grease Market:
- Lubrizol Corporation (USA)
- Matrix Specialty Lubricants BV (Netherlands)
- Phillips 66 (USA)
- Anglomoil (Australia)
- Tru Blu Oil (Australia)
- Oracle Petroleum Corporation (Philippines)
- ATDM CO.LTD (Turkey)
- Sasol Limited (South Africa)
- PKN ORLEN (Poland)
- AIMOL (Netherlands)
Drivers, Constraints, Opportunities and Challenges in Bentonite Grease Market:
- Driver: Growing automotive industry and vehicle fleet to drive the market
- Limitations: Strict environmental regulations are affecting the market
- occasions: Advances in technology can fuel the growth of the market
Main results of the study:
- High Pressure Bentonite Grease was the largest source by value for the Bentonite Grease market in 2021
- Metallurgical Casting segment was the top application for bentonite greases market by value in 2021
- Europe was the largest bentonite grease market by value in 2021.
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“Extreme pressure bentonite grease was the largest source of bentonite grease market by value in 2021”
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