Railway Grease is a semisolid lubricant used in in the rail transport sector, which can reduce the friction at the rail-wheel interface, extend rail and wheel life, reduce fuel consumption and reduce wheel squeeze. Grease generally consists of a soap emulsified with mineral or vegetable oil. The characteristic feature of greases is that they possess a high initial viscosity, which upon the application of shear, drops to give the effect of an oil-lubricated bearing of approximately the same viscosity as the base oil used in the grease.
This report aims to provide a comprehensive presentation of the global market for Railway Grease, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Railway Grease. This report contains market size and forecasts of Railway Grease in global, including the following market information:
- Global Railway Grease Market Revenue, 2018-2023, 2024-2029, ($ millions)
- Global Railway Grease Market Sales, 2018-2023, 2024-2029, (K MT)
Global top five Railway Grease companies in 2022 (%)
The global Railway Grease market was valued at US$ 350.9 million in 2022 and is projected to reach US$ 377.6 million by 2029, at a CAGR of 1.1% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The major players in global Railway Grease market include Shell, CNPC, Exxon Mobil, etc. The top 3 players occupy about 30% shares of the global market. Asia Pacific and Europe are main markets, they occupy about 70% of the global market. Lithium Grease is the main type, with a share about 80%. Industrial Production Consumption is the main application, which holds a share about 60%.
We surveyed the Railway Grease manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Railway Grease Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Railway Grease Market Segment Percentages, by Type, 2022 (%)
- Lithium Grease
- Calcium Crease
- Other Grease
Global Railway Grease Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Railway Grease Market Segment Percentages, by Application, 2022 (%)
- Rail Curves
- Rail Switch Plates and Turnouts
- Bearings & Wheels
- Others
Global Railway Grease Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Railway Grease Market Segment Percentages, By Region and Country, 2022 (%)
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- Italy
- Russia
- Nordic Countries
- Benelux
- Rest of Europe
- Asia
- China
- Japan
- South Korea
- Southeast Asia
- India
- Rest of Asia
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- Turkey
- Israel
- Saudi Arabia
- UAE
- Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Railway Grease revenues in global market, 2018-2023 (Estimated), ($ millions)
- Key companies Railway Grease revenues share in global market, 2022 (%)
- Key companies Railway Grease sales in global market, 2018-2023 (Estimated), (K MT)
- Key companies Railway Grease sales share in global market, 2022 (%)
- Further, the report presents profiles of competitors in the market, key players include:
- Shell
- Exxon Mobil
- BP
- Chevron
- Total
- SKF
- CITGO
- Fuchs
- Petro-Canada
- Timken
- Kyodo Yushi
- Lukoil
- Plews/Edelmann
- Klueber
- Sinopec
- CNPC
- CRM
- Outline of Major Chapters:
- Chapter 1: Introduces the definition of Railway Grease, market overview.
- Chapter 2: Global Railway Grease market size in revenue and volume.
- Chapter 3: Detailed analysis of Railway Grease manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
- Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
- Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
- Chapter 6: Sales of Railway Grease in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
- Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
- Chapter 8: Global Railway Grease capacity by region & country.
- Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
- Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
- Chapter 11: The main points and conclusions of the report.
