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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.
Scope of the Report:
This report focuses on the Railway Grease in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Under the background of slower economy growth rate, companies face the higher risks of profit decline. Currently, railway grease market has a certain potential in Europe, USA. These areas demand are relatively stable. During these years, China's railway grease industry maintains a rapid growth. In developing countries, many countries are developing railways.
In future, the railway grease industry in the world will turn concentrated. The world railway grease consuming market will still has a certain amount of growth. Global competition is likely to turn to the relationship of competition and cooperation. With the development of economy, Railway Grease has huge market potential in the future. Owing to the increasing of demand in railway grease downstream products, the world railway grease capacity will continue to expand.
Base oil, thickener and additive are the main raw materials for the production of railway grease. Large and medium-sized companies produced the base oil by themselves, and some small-sized companies need to buy raw materials from large companies or distributors. With the development of railway grease, the raw materials manufacturers are also benefited from the railway grease industry in some extent.
The worldwide market for Railway Grease is expected to grow at a CAGR of roughly 2.5% over the next five years, will reach 620 million US$ in 2023, from 530 million US$ in 2017, according to a new GIR (Global Info Research) study.
Market Segment by Manufacturers, this report covers
- Exxon Mobil
- Kyodo Yushi
Market Segment by Regions, regional analysis covers
- North America (United States, Canada and Mexico)
- Europe (Germany, France, UK, Russia and Italy)
- Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
- South America (Brazil, Argentina, Colombia etc.)
- Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
- Lithium Grease
- Calcium Crease
- Other Grease
Market Segment by Applications, can be divided into
- Rail Curves
- Rail Switch Plates and Turnouts
- Bearings & Wheels
There are 15 Chapters to deeply display the global Railway Grease market.
Chapter 1, to describe Railway Grease Introduction, product scope, market overview, market opportunities, market risk, market driving force;
Chapter 2, to analyze the top manufacturers of Railway Grease, with sales, revenue, and price of Railway Grease, in 2016 and 2017;
Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2016 and 2017;
Chapter 4, to show the global market by regions, with sales, revenue and market share of Railway Grease, for each region, from 2013 to 2018;
Chapter 5, 6, 7, 8 and 9, to analyze the market by countries, by type, by application and by manufacturers, with sales, revenue and market share by key countries in these regions;
Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2013 to 2018;
Chapter 12, Railway Grease market forecast, by regions, type and application, with sales and revenue, from 2018 to 2023;
Chapter 13, 14 and 15, to describe Railway Grease sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source