What is the current Vacuum Grease Market size?

The Vacuum Grease Market is projected to register a CAGR of greater than 4% during the forecast period (2024-2029) Read More

Who are the key players in Vacuum Grease Market?

Solvay S.A , The Chemours Company , DOW Corning Corporation, Castrol Limited and Kluber Lubrication are the major companies operating in the Vacuum Grease Market. Read More

Which is the fastest growing region in Vacuum Grease Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Vacuum Grease Market?

In 2024, the Asia Pacific accounts for the largest market share in Vacuum Grease Market. Read More

What years does this Vacuum Grease Market cover?

The report covers the Vacuum Grease Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Vacuum Grease Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Vacuum Grease Market Trends

Statistics for the 2023 & 2024 Vacuum Grease market trends, created by Mordor Intelligence™ Industry Reports. Vacuum Grease trend report includes a market forecast to 2029 and historical overview. Get a sample of this industry trends analysis as a free report PDF download.

Market Trends of Vacuum Grease Industry

This section covers the major market trends shaping the Vacuum Grease Market according to our research experts:

Growing Demand from Food Processing Industries

Vacuum greases are employed for a wide range of applications in the food and beverage sector. They are primarily used for sealing purposes in food processing industries.
Vacuum greases for food-grade applications offer high water resistance, oxidation stability, low wear rates, compatibility with construction materials, good adsorption and adhesion on metal and plastics, and steam resistance (when filling wine, beer or soft drinks).
The demand for food processing industries in Western, Asian, and Nordic countries has been gradually growing globally. This increases the demand for vacuum grease from food processing industries.
High-temperature vacuum greases also help in reducing contamination risks, increase efficiency in machines, and also during packagings and transportation applications.
Rising the number of food processing industries, growing demand for airtight packagings and technological advancements in industrial equipment in developed regions drive the demand from food processing industries, which in turn is expected to drive the market for vacuum grease through the years to come.

Understand The Key Trends Shaping This Market

Download PDF

Asia-Pacific Region to Dominate the Market

Asia-Pacific is expected to dominate the global market owing to the highly developed food processing industries in China and South Korea, coupled with the continuous investments done in the region to advance the automotive industry and pharmaceutical sector through the years.
Moreover, the growing demand for processed food and rapid mechanical and chemical industrialization in the Asia-Pacific region is increasing the demand for vacuum grease in various applications.
Majorly, hydrocarbon-based greases are being used in automobiles in frictional mechanisms to reduce friction, and silicone-based vacuum greases are also used in automobiles to stabilize the higher temperatures.
According to the Organisation Internationale des Constructeurs d'Automobiles, the Asia-Pacific region leads the automobile sector globally in recent years. China's market share in global light vehicle sales in the coming years is expected to be over 30%.
Increasing food processing industries require advanced storing packagings and components, including vacuum grease in the region. Continuous growth in automotive and pharmaceuticals sectors is expected to drive the market for vacuum grease through the years to come, in the Asia-Pacific region.