1 INTRODUCTION 17
1.1 OBJECTIVES OF THE STUDY 17
1.2 MARKET DEFINITION 17
1.3 MARKET SCOPE 18
1.3.1 YEARS CONSIDERED FOR THE STUDY 20
1.4 CURRENCY 20
1.5 PACKAGE SIZE 20
1.6 LIMITATIONS 20
1.7 STAKEHOLDERS 20

2 RESEARCH METHODOLOGY 21
2.1 RESEARCH DATA 21
2.1.1 SECONDARY DATA 22
2.1.1.1 Key data from secondary sources 22
2.1.2 PRIMARY DATA 23
2.1.2.1 Key data from primary sources 23
2.1.2.2 Key industry insights 24
2.1.2.3 Breakdown of primary interviews 24
2.2 MARKET SIZE ESTIMATION 25
2.2.1 BOTTOM-UP APPROACH 25
2.2.2 TOP-DOWN APPROACH 26
2.3 MARKET BREAKDOWN AND DATA TRIANGULATION 27
2.4 RESEARCH ASSUMPTIONS 28
2.4.1 ASSUMPTIONS 28

3 EXECUTIVE SUMMARY 29

4 PREMIUM INSIGHTS 34
4.1 SIGNIFICANT OPPORTUNITIES FOR GREASE MARKET (2016–2021) 34
4.2 GREASE MARKET GROWTH, BY REGION (2016–2021) 35
4.3 GREASE MARKET SHARE IN ASIA-PACIFIC 36
4.4 GREASE MARKET ATTRACTIVENESS 37
4.5 GREASE MARKET SIZE, BY END-USE INDUSTRIES, 2015 38
4.6 GREASE MARKET SIZE: DEVELOPED VS. DEVELOPING NATIONS 39
4.7 LIFE CYCLE ANALYSIS, BY REGION 39


5 MARKET OVERVIEW 41
5.1 INTRODUCTION 42
5.2 MARKET SEGMENTATION 42
5.2.1 BY REGION 43
5.3 MARKET DYNAMICS 43
5.3.1 DRIVERS 44
5.3.1.1 Rapidly developing industrial sector in emerging economies 44
5.3.1.2 Growing automotive industry 44
5.3.1.3 Improved quality of industrial grease 44
5.3.2 RESTRAINTS 44
5.3.2.1 Stringent environmental regulations 44
5.3.2.2 Unstable economic situation 45
5.3.2.3 Low-quality and cheaper product offerings 45
5.3.3 OPPORTUNITIES 45
5.3.3.1 Technological advancements leading to introduction of efficient grease 45
5.3.3.2 Increasing applications of grease 45
5.3.3.3 Rising trend toward the usage of bio-based grease 45
5.4 REVENUE POCKET MATRIX 46
5.4.1 REVENUE POCKET MATRIX FOR THICKENER TYPES 46
5.4.2 REVENUE POCKET MATRIX FOR END-USE INDUSTRIES 47

6 INDUSTRY TRENDS 48
6.1 VALUE-CHAIN ANALYSIS 48
6.1.1 RAW MATERIAL 48
6.1.2 BLENDING 49
6.1.3 DISTRIBUTION 49
6.1.4 END USER 49
6.2 PORTER’S FIVE FORCES ANALYSIS 50
6.2.1 THREAT OF NEW ENTRANTS 51
6.2.2 THREAT OF SUBSTITUTES 51
6.2.3 BARGAINING POWER OF SUPPLIERS 51
6.2.4 BARGAINING POWER OF BUYERS 52
6.2.5 INTENSITY OF COMPETITIVE RIVALRY 52
6.3 ECONOMIC INDICATORS 53
6.3.1 INDUSTRY OUTLOOK 53
6.3.1.1 Automotive 53
6.3.1.2 Construction 55
6.3.1.3 Manufacturing 56
6.3.1.4 Mining 56

6.3.2 COUNTRY OUTLOOK 57
6.3.2.1 Australia 57
6.3.2.2 Brazil 57
6.3.2.3 Canada 58
6.3.2.4 Chile 58
6.3.2.5 China 59
6.3.2.6 France 59
6.3.2.7 Germany 60
6.3.2.8 India 60
6.3.2.9 Iran 61
6.3.2.10 Italy 61
6.3.2.11 Japan 62
6.3.2.12 Mexico 62
6.3.2.13 New Zealand 63
6.3.2.14 Russia 63
6.3.2.15 Saudi Arabia 64
6.3.2.16 South Africa 64
6.3.2.17 South Korea 65
6.3.2.18 Thailand 65
6.3.2.19 U.K. 66
6.3.2.20 U.S. 66

7 GREASE MARKET, BY THICKENER TYPE 67
7.1 INTRODUCTION 68
7.2 MARKET SIZE AND PROJECTION 68
7.3 TYPES OF THICKENER 69
7.3.1 METALLIC SOAP THICKENER 71
7.3.1.1 Lithium 71
7.3.1.2 Calcium 72
7.3.1.3 Aluminum 72
7.3.1.4 Sodium 72
7.3.1.5 Other Metallic Soap 72
7.3.2 NON-SOAP THICKENER 73
7.3.2.1 Polyurea 73
7.3.3 INORGANIC THICKENER 73
7.3.3.1 Clay 73
7.3.3.2 Silica 74
7.3.4 OTHERS 74


8 GREASE MARKET, BY END-USE INDUSTRY 75
8.1 INTRODUCTION 76
8.2 AUTOMOTIVE 78
8.3 CONSTRUCTION & OFF-HIGHWAYS 78
8.4 GENERAL MANUFACTURING 79
8.5 STEEL 79
8.6 MINING 79
8.7 OTHERS 79

9 GREASE MARKET, BY REGION 80
9.1 INTRODUCTION 81
9.2 ASIA-PACIFIC 83
9.2.1 CHINA 87
9.2.2 JAPAN 88
9.2.3 INDIA 89
9.2.4 SOUTH KOREA 90
9.2.5 AUSTRALIA & NEW ZEALAND 91
9.2.6 THAILAND 92
9.2.7 REST OF ASIA-PACIFIC 93
9.3 NORTH AMERICA 94
9.3.1 U.S. 98
9.3.2 CANADA 99
9.3.3 MEXICO 100
9.4 EUROPE 101
9.4.1 RUSSIA 105
9.4.2 GERMANY 106
9.4.3 U.K. 107
9.4.4 FRANCE 108
9.4.5 REST OF EUROPE 109
9.5 MIDDLE EAST & AFRICA 110
9.5.1 IRAN 113
9.5.2 SAUDI ARABIA 114
9.5.3 EGYPT 115
9.5.4 REST OF MIDDLE EAST & AFRICA 116
9.6 LATIN AMERICA 117
9.6.1 BRAZIL 120
9.6.2 ARGENTINA 121
9.6.3 CHILE 122
9.6.4 REST OF LATIN AMERICA 123


10 COMPETITIVE LANDSCAPE 125
10.1 OVERVIEW 125
10.2 COMPETITIVE BENCHMARKING 126
10.3 MARKET SHARE ANALYSIS 128
10.4 COMPETITIVE SITUATIONS AND TRENDS 129
10.4.1 EXPANSIONS 129
10.4.2 COLLABORATIONS 130
10.4.3 ACQUISITIONS 131
10.4.4 AGREEMENTS 131
10.4.5 NEW PRODUCT LAUNCHES 132

11 COMPANY PROFILES 133
(Overview, Financial*, Products & Services, Strategy, and Developments)
11.1 REGIONAL REVENUE MIX OF MAJOR MARKET PLAYERS 133
11.2 ROYAL DUTCH SHELL PLC 134
11.3 CHEVRON CORPORATION 137
11.4 IDEMITSU KOSAN CO., LTD. 140
11.5 SINOPEC CORPORATION 143
11.6 TOTAL S.A. 146
11.7 FUCHS PETROLUB SE 149
11.8 EXXONMOBIL CORPORATION 152
11.9 PETROLIAM NASIONAL BERHAD (PETRONAS) 155
11.10 BP PLC 157
11.11 THE DOW CHEMICAL COMPANY 159
11.12 JX NIPPON OIL & ENERGY CORPORATION 161
11.13 OTHER MARKET PLAYERS 163
*Details might not be captured in case of unlisted companies.

12 APPENDIX 165
12.1 INSIGHTS FROM INDUSTRY EXPERTS 165
12.2 DISCUSSION GUIDE 166
12.3 INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE 170
12.4 AVAILABLE CUSTOMIZATIONS 170
12.5 RELATED REPORTS 171