Rail Greases Market
PUBLISHED: 2021 ID: SMRC20838
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Rail Greases Market

Rail Greases Market Forecasts to 2028 – Global Analysis By Product Type (Lithium Grease, Calcium Grease), Distribution Channel (Online, Offline), Application (Railway Track Elements, Curve Rails, and Others) and By Geography

4.7 (30 reviews)
4.7 (30 reviews)
Published: 2021 ID: SMRC20838

This report covers the impact of COVID-19 on this global market
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According to Stratistics MRC, the Global Rail Greases Market is accounted for $357.25 million in 2020 and is expected to reach $500.32 million by 2028 growing at a CAGR of 4.3% during the forecast period. Some of the factors such as regular maintenance activities of different parts used in railway transportation and leveraging the e-commerce industry to increase customer reach are propelling the market growth. However, stringent environmental and continuous reforms by governments are hampering market growth.

Grease is a solid or semi-solid lubricant. It usually consists of mineral oil and thickeners such as calcium-based soaps and lithium-based soaps. Greases may also contain additional lubricating particles such as molybdenum disulfide, graphite, or polytetrafluoroethylene (PTFE).

Based on the product type, the lithium grease segment is estimated to have lucrative growth during the forecast period. Lithium grease has excellent resistance to water and breakdown or softening. Lithium greases are utilized in various parts in railways and trains such as curved tooth coupling, cardan shaft, and brake system due to their high pumpability.

By geography, the Asia Pacific holds the largest share in the market due to rapid urbanization and growing investment by the government of emerging countries in the development of railway infrastructure. The countries across the region are experimenting with state-of-the-art transport technologies to make urban rail systems more efficient, reliable, and passenger-friendly.

Some of the key players profiled in the Rail Greases Market include BP Australia Pty Limited, Chevron Corporation, Exxon Mobil Corporation, Fuchs Petrolub SE, Klüber Lubrication, Petroliam Nasional Berhad (Petronas), Royal Dutch Shell Plc, Sinopec, SKF Group, The Timken Company, Lukoil, China National Petroleum Corporation, Lincoln Industrial, CITGO, and Plews & Edelmann.
 
Product Types Covered:
• Lithium Grease
• Calcium Grease

Distribution Channels Covered:
• Online
• Offline

Applications Covered:
• Railway Track Elements
• Switches & Fish Plates
• Rail Switch Plates and Turnouts
• Curve Rails
• Screw & Bolts
• Railway Vehicle Elements

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India       
o Australia 
o New Zealand
o South Korea
o Rest of Asia Pacific   
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary         
          
2 Preface    
     
 2.1 Abstract        
 2.2 Stake Holders        
 2.3 Research Scope        
 2.4 Research Methodology        
  2.4.1 Data Mining       
  2.4.2 Data Analysis       
  2.4.3 Data Validation       
  2.4.4 Research Approach       
 2.5 Research Sources        
  2.5.1 Primary Research Sources        
  2.5.2 Secondary Research Sources       
  2.5.3 Assumptions       
          
3 Market Trend Analysis         

 3.1 Introduction        
 3.2 Drivers        
 3.3 Restraints        
 3.4 Opportunities        
 3.5 Threats        
 3.6 Product Analysis        
 3.7 Application Analysis        
 3.8 Emerging Markets        
 3.9 Impact of Covid-19        
          
4 Porters Five Force Analysis         

 4.1 Bargaining power of suppliers        
 4.2 Bargaining power of buyers        
 4.3 Threat of substitutes        
 4.4 Threat of new entrants        
 4.5 Competitive rivalry        
          
5 Global Rail Greases Market, By Product Type         
 5.1 Introduction        
 5.2 Lithium Grease        
 5.3 Calcium Grease         
          
6 Global Rail Greases Market, By Distribution Channel         
 6.1 Introduction        
 6.2 Online        
 6.3 Offline        
          
7 Global Rail Greases Market, By Application         
 7.1 Introduction        
 7.2 Railway Track Elements        
 7.3 Switches & Fish Plates        
 7.4 Rail Switch Plates and Turnouts        
 7.5 Curve Rails        
 7.6 Screw & Bolts        
 7.7 Railway Vehicle Elements        
  7.7.1 Interior Components       
  7.7.2 Pantographs        
  7.7.3 Axles & Wheels       
  7.7.4 Bearings & Chains       
  7.7.5 Brake Elements       
          
8 Global Rail Greases Market, By Geography       
  
 8.1 Introduction        
 8.2 North America        
  8.2.1 US       
  8.2.2 Canada       
  8.2.3 Mexico       
 8.3 Europe        
  8.3.1 Germany       
  8.3.2 UK       
  8.3.3 Italy       
  8.3.4 France       
  8.3.5 Spain       
  8.3.6 Rest of Europe       
 8.4 Asia Pacific        
  8.4.1 Japan       
  8.4.2 China       
  8.4.3 India       
  8.4.4 Australia       
  8.4.5 New Zealand       
  8.4.6 South Korea       
  8.4.7 Rest of Asia Pacific       
 8.5 South America        
  8.5.1 Argentina       
  8.5.2 Brazil       
  8.5.3 Chile       
  8.5.4 Rest of South America       
 8.6 Middle East & Africa        
  8.6.1 Saudi Arabia       
  8.6.2 UAE       
  8.6.3 Qatar       
  8.6.4 South Africa       
  8.6.5 Rest of Middle East & Africa       
          
9 Key Developments  
       
 9.1 Agreements, Partnerships, Collaborations and Joint Ventures        
 9.2 Acquisitions & Mergers        
 9.3 New Product Launch        
 9.4 Expansions        
 9.5 Other Key Strategies        
          
10 Company Profiling         
 10.1 BP Australia Pty Limited        
 10.2 Chevron Corporation        
 10.3 Exxon Mobil Corporation        
 10.4 Fuchs Petrolub SE        
 10.5 Klüber Lubrication        
 10.6 Petroliam Nasional Berhad (Petronas)        
 10.7 Royal Dutch Shell Plc         
 10.8 Sinopec        
 10.9 SKF Group        
 10.10 The Timken Company         
 10.11 Lukoil        
 10.12 China National Petroleum Corporation        
 10.13 Lincoln Industrial        
 10.14 CITGO        
 10.15 Plews & Edelmann        


List of Tables          
1 Global Rail Greases Market Outlook, By Region (2019-2028) ($MN)         
2 Global Rail Greases Market Outlook, By Product Type (2019-2028) ($MN)         
3 Global Rail Greases Market Outlook, By Lithium Grease (2019-2028) ($MN)         
4 Global Rail Greases Market Outlook, By Calcium Grease (2019-2028) ($MN)         
5 Global Rail Greases Market Outlook, By Distribution Channel (2019-2028) ($MN)         
6 Global Rail Greases Market Outlook, By Online (2019-2028) ($MN)         
7 Global Rail Greases Market Outlook, By Offline (2019-2028) ($MN)         
8 Global Rail Greases Market Outlook, By Application (2019-2028) ($MN)         
9 Global Rail Greases Market Outlook, By Railway Track Elements (2019-2028) ($MN)          
10 Global Rail Greases Market Outlook, By Switches & Fish Plates (2019-2028) ($MN)         
11 Global Rail Greases Market Outlook, By Rail Switch Plates and Turnouts (2019-2028) ($MN)         
12 Global Rail Greases Market Outlook, By Curve Rails (2019-2028) ($MN)         
13 Global Rail Greases Market Outlook, By Screw & Bolts (2019-2028) ($MN)         
14 Global Rail Greases Market Outlook, By Railway Vehicle Elements (2019-2028) ($MN)         
15 Global Rail Greases Market Outlook, By Interior Components (2019-2028) ($MN)         
16 Global Rail Greases Market Outlook, By Pantographs (2019-2028) ($MN)         
17 Global Rail Greases Market Outlook, By Axles & Wheels (2019-2028) ($MN)         
18 Global Rail Greases Market Outlook, By Bearings & Chains (2019-2028) ($MN)         
19 Global Rail Greases Market Outlook, By Brake Elements (2019-2028) ($MN)         
20 North America Rail Greases Market Outlook, By Country (2019-2028) ($MN)         
21 North America Rail Greases Market Outlook, By Product Type (2019-2028) ($MN)         
22 North America Rail Greases Market Outlook, By Lithium Grease (2019-2028) ($MN)         
23 North America Rail Greases Market Outlook, By Calcium Grease (2019-2028) ($MN)         
24 North America Rail Greases Market Outlook, By Distribution Channel (2019-2028) ($MN)         
25 North America Rail Greases Market Outlook, By Online (2019-2028) ($MN)         
26 North America Rail Greases Market Outlook, By Offline (2019-2028) ($MN)         
27 North America Rail Greases Market Outlook, By Application (2019-2028) ($MN)         
28 North America Rail Greases Market Outlook, By Railway Track Elements (2019-2028) ($MN)         
29 North America Rail Greases Market Outlook, By Switches & Fish Plates (2019-2028) ($MN)         
30 North America Rail Greases Market Outlook, By Rail Switch Plates and Turnouts (2019-2028) ($MN)         
31 North America Rail Greases Market Outlook, By Curve Rails (2019-2028) ($MN)         
32 North America Rail Greases Market Outlook, By Screw & Bolts (2019-2028) ($MN)         
33 North America Rail Greases Market Outlook, By Railway Vehicle Elements (2019-2028) ($MN)         
34 North America Rail Greases Market Outlook, By Interior Components (2019-2028) ($MN)         
35 North America Rail Greases Market Outlook, By Pantographs (2019-2028) ($MN)         
36 North America Rail Greases Market Outlook, By Axles & Wheels (2019-2028) ($MN)         
37 North America Rail Greases Market Outlook, By Bearings & Chains (2019-2028) ($MN)         
38 North America Rail Greases Market Outlook, By Brake Elements (2019-2028) ($MN)         
39 Europe Rail Greases Market Outlook, By Country (2019-2028) ($MN)         
40 Europe Rail Greases Market Outlook, By Product Type (2019-2028) ($MN)          
41 Europe Rail Greases Market Outlook, By Lithium Grease (2019-2028) ($MN)         
42 Europe Rail Greases Market Outlook, By Calcium Grease (2019-2028) ($MN)         
43 Europe Rail Greases Market Outlook, By Distribution Channel (2019-2028) ($MN)         
44 Europe Rail Greases Market Outlook, By Online (2019-2028) ($MN)         
45 Europe Rail Greases Market Outlook, By Offline (2019-2028) ($MN)         
46 Europe Rail Greases Market Outlook, By Application (2019-2028) ($MN)         
47 Europe Rail Greases Market Outlook, By Railway Track Elements (2019-2028) ($MN)         
48 Europe Rail Greases Market Outlook, By Switches & Fish Plates (2019-2028) ($MN)         
49 Europe Rail Greases Market Outlook, By Rail Switch Plates and Turnouts (2019-2028) ($MN)         
50 Europe Rail Greases Market Outlook, By Curve Rails (2019-2028) ($MN)         
51 Europe Rail Greases Market Outlook, By Screw & Bolts (2019-2028) ($MN)         
52 Europe Rail Greases Market Outlook, By Railway Vehicle Elements (2019-2028) ($MN)         
53 Europe Rail Greases Market Outlook, By Interior Components (2019-2028) ($MN)         
54 Europe Rail Greases Market Outlook, By Pantographs (2019-2028) ($MN)         
55 Europe Rail Greases Market Outlook, By Axles & Wheels (2019-2028) ($MN)         
56 Europe Rail Greases Market Outlook, By Bearings & Chains (2019-2028) ($MN)         
57 Europe Rail Greases Market Outlook, By Brake Elements (2019-2028) ($MN)         
58 Asia Pacific Rail Greases Market Outlook, By Country (2019-2028) ($MN)         
59 Asia Pacific Rail Greases Market Outlook, By Product Type (2019-2028) ($MN)         
60 Asia Pacific Rail Greases Market Outlook, By Lithium Grease (2019-2028) ($MN)         
61 Asia Pacific Rail Greases Market Outlook, By Calcium Grease (2019-2028) ($MN)         
62 Asia Pacific Rail Greases Market Outlook, By Distribution Channel (2019-2028) ($MN)         
63 Asia Pacific Rail Greases Market Outlook, By Online (2019-2028) ($MN)         
64 Asia Pacific Rail Greases Market Outlook, By Offline (2019-2028) ($MN)         
65 Asia Pacific Rail Greases Market Outlook, By Application (2019-2028) ($MN)         
66 Asia Pacific Rail Greases Market Outlook, By Railway Track Elements (2019-2028) ($MN)         
67 Asia Pacific Rail Greases Market Outlook, By Switches & Fish Plates (2019-2028) ($MN)         
68 Asia Pacific Rail Greases Market Outlook, By Rail Switch Plates and Turnouts (2019-2028) ($MN)         
69 Asia Pacific Rail Greases Market Outlook, By Curve Rails (2019-2028) ($MN)         
70 Asia Pacific Rail Greases Market Outlook, By Screw & Bolts (2019-2028) ($MN)         
71 Asia Pacific Rail Greases Market Outlook, By Railway Vehicle Elements (2019-2028) ($MN)         
72 Asia Pacific Rail Greases Market Outlook, By Interior Components (2019-2028) ($MN)         
73 Asia Pacific Rail Greases Market Outlook, By Pantographs (2019-2028) ($MN)         
74 Asia Pacific Rail Greases Market Outlook, By Axles & Wheels (2019-2028) ($MN)         
75 Asia Pacific Rail Greases Market Outlook, By Bearings & Chains (2019-2028) ($MN)         
76 Asia Pacific Rail Greases Market Outlook, By Brake Elements (2019-2028) ($MN)         
77 South America Rail Greases Market Outlook, By Country (2019-2028) ($MN)         
78 South America Rail Greases Market Outlook, By Product Type (2019-2028) ($MN)         
79 South America Rail Greases Market Outlook, By Lithium Grease (2019-2028) ($MN)         
80 South America Rail Greases Market Outlook, By Calcium Grease (2019-2028) ($MN)         
81 South America Rail Greases Market Outlook, By Distribution Channel (2019-2028) ($MN)         
82 South America Rail Greases Market Outlook, By Online (2019-2028) ($MN)         
83 South America Rail Greases Market Outlook, By Offline (2019-2028) ($MN)         
84 South America Rail Greases Market Outlook, By Application (2019-2028) ($MN)         
85 South America Rail Greases Market Outlook, By Railway Track Elements (2019-2028) ($MN)         
86 South America Rail Greases Market Outlook, By Switches & Fish Plates (2019-2028) ($MN)         
87 South America Rail Greases Market Outlook, By Rail Switch Plates and Turnouts (2019-2028) ($MN)         
88 South America Rail Greases Market Outlook, By Curve Rails (2019-2028) ($MN)         
89 South America Rail Greases Market Outlook, By Screw & Bolts (2019-2028) ($MN)         
90 South America Rail Greases Market Outlook, By Railway Vehicle Elements (2019-2028) ($MN)         
91 South America Rail Greases Market Outlook, By Interior Components (2019-2028) ($MN)         
92 South America Rail Greases Market Outlook, By Pantographs (2019-2028) ($MN)         
93 South America Rail Greases Market Outlook, By Axles & Wheels (2019-2028) ($MN)         
94 South America Rail Greases Market Outlook, By Bearings & Chains (2019-2028) ($MN)         
95 South America Rail Greases Market Outlook, By Brake Elements (2019-2028) ($MN)         
96 Middle East & Africa Rail Greases Market Outlook, By Country (2019-2028) ($MN)         
97 Middle East & Africa Rail Greases Market Outlook, By Product Type (2019-2028) ($MN)         
98 Middle East & Africa Rail Greases Market Outlook, By Lithium Grease (2019-2028) ($MN)         
99 Middle East & Africa Rail Greases Market Outlook, By Calcium Grease (2019-2028) ($MN)         
100 Middle East & Africa Rail Greases Market Outlook, By Distribution Channel (2019-2028) ($MN)         
101 Middle East & Africa Rail Greases Market Outlook, By Online (2019-2028) ($MN)         
102 Middle East & Africa Rail Greases Market Outlook, By Offline (2019-2028) ($MN)         
103 Middle East & Africa Rail Greases Market Outlook, By Application (2019-2028) ($MN)         
104 Middle East & Africa Rail Greases Market Outlook, By Railway Track Elements (2019-2028) ($MN)          
105 Middle East & Africa Rail Greases Market Outlook, By Switches & Fish Plates (2019-2028) ($MN)         
106 Middle East & Africa Rail Greases Market Outlook, By Rail Switch Plates and Turnouts (2019-2028) ($MN)         
107 Middle East & Africa Rail Greases Market Outlook, By Curve Rails (2019-2028) ($MN)         
108 Middle East & Africa Rail Greases Market Outlook, By Screw & Bolts (2019-2028) ($MN)         
109 Middle East & Africa Rail Greases Market Outlook, By Railway Vehicle Elements (2019-2028) ($MN)         
110 Middle East & Africa Rail Greases Market Outlook, By Interior Components (2019-2028) ($MN)         
111 Middle East & Africa Rail Greases Market Outlook, By Pantographs (2019-2028) ($MN)         
112 Middle East & Africa Rail Greases Market Outlook, By Axles & Wheels (2019-2028) ($MN)         
113 Middle East & Africa Rail Greases Market Outlook, By Bearings & Chains (2019-2028) ($MN)         
114 Middle East & Africa Rail Greases Market Outlook, By Brake Elements (2019-2028) ($MN)         

List of Figures

RESEARCH METHODOLOGY


Research Methodology

We at Stratistics opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.

Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.

Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.

Data Mining

The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.

Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.

Data Analysis

From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:

  • Product Lifecycle Analysis
  • Competitor analysis
  • Risk analysis
  • Porters Analysis
  • PESTEL Analysis
  • SWOT Analysis

The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.


Data Validation

The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.

We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.

The data validation involves the primary research from the industry experts belonging to:

  • Leading Companies
  • Suppliers & Distributors
  • Manufacturers
  • Consumers
  • Industry/Strategic Consultants

Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.


For more details about research methodology, kindly write to us at info@strategymrc.com

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