According to our (Global Info Research) latest study, the global Mineral Grease market size was valued at US$ 6239 million in 2024 and is forecast to a readjusted size of USD 7373 million by 2031 with a CAGR of 2.4% during review period.
Mineral grease is lubricating oil derived from petroleum distillates which contain mineral additives imparting additional properties useful under extreme stressful conditions subjecting machinery to intense loads. Common uses span applications within heavy industries deploying large plant infrastructure exposed to severe weather conditions in harsh environments characterized by high ambient temperatures and humidity levels combined with exposure to corrosion caused by acid rain.
The global mineral grease market is expected to grow at a moderate pace during the forecast period. Some major factors driving growth include increasing demand for mineral greases from various end-use industries such as automotive, industrial machinery, and construction.
The main challenge facing the market is the availability of substitutes that offer similar performance characteristics but at a lower cost. However, mineral greases continue to be preferred by consumers due to their excellent stability under adverse environmental conditions and compatibility with other chemicals used in industry processes.
Overall, the market for mineral grease looks positive, driven by growing demand from various industries seeking durable goods designed for long life spans requiring reliable lubricant protection against wear and tear due to extended operation under arduous circumstances. Looking ahead, future innovations introducing new types of mineral greases boasting improved functionality addressing specific customer needs will likely shape industry development going forward.
This report is a detailed and comprehensive analysis for global Mineral Grease market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Mineral Grease market size and forecasts, in consumption value ($ Million), sales quantity (K Tons), and average selling prices (US$/Ton), 2020-2031
Global Mineral Grease market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Tons), and average selling prices (US$/Ton), 2020-2031
Global Mineral Grease market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Tons), and average selling prices (US$/Ton), 2020-2031
Global Mineral Grease market shares of main players, shipments in revenue ($ Million), sales quantity (K Tons), and ASP (US$/Ton), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Mineral Grease
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Mineral Grease market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Shell, Exxon Mobil, BP, Total Lubricants, Chevron, FUCHS, LUKOIL, SKF, Quaker Chemical, Klüber, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Mineral Grease market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Calcium Based Grease
Lithium Based Grease
Aluminum Complex Grease
Barium Complex Grease
Market segment by Application
Automotive
Building and Construction
General Manufacturing
Mining
Others
Major players covered
Shell
Exxon Mobil
BP
Total Lubricants
Chevron
FUCHS
LUKOIL
SKF
Quaker Chemical
Klüber
DuPont
AP Oil
Sinopec
CNPC
CNOOC
Setral
Ardeca Lubricants
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Mineral Grease product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Mineral Grease, with price, sales quantity, revenue, and global market share of Mineral Grease from 2020 to 2025.
Chapter 3, the Mineral Grease competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Mineral Grease breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Mineral Grease market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Mineral Grease.
Chapter 14 and 15, to describe Mineral Grease sales channel, distributors, customers, research findings and conclusion.
Summary:
Get latest Market Research Reports on Mineral Grease. Industry analysis & Market Report on Mineral Grease is a syndicated market report, published as Global Mineral Grease Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031. It is complete Research Study and Industry Analysis of Mineral Grease market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.