Europe Rail Greases Market Key Players and Opportunities by 2027

Historic Data: 2016-2017 | Base Year: 2018 | Forecast Period: 2019-2027

Europe Rail Greases Market Forecast to 2027 - COVID-19 Impact and Regional Analysis by Product Type (Lithium Grease, Calcium Grease, and Other Grease), Application (Railway Vehicle Elements, Railway Track Elements, Switches and Fish Plates, Curve Rails, and Screw and Bolts), and Distribution Channel (Offline and Online

Report Date : Sep 2020
Report Code : TIPRE00014194

Category : Chemicals and Materials
Status : Published

Available Report Formats :
No. of Pages : 96

Analysis Strategic Insights Market Drivers Regional Insights Report Scope Recent Developments FAQs

The rail greases market in Europe is expected to reach US$ US$ 79.43 million by 2027 from US$ 65.40 million in 2018 and is expected to grow at a CAGR of 2.3% from 2019 to 2027.

Grease is a solid or semi-solid lubricating oil. It is usually comprised of mineral oil and thickeners such as calcium-based soap and lithium-based soaps. Greases may also contain additional lubricating particles, such as molybdenum disulfide, graphite, or polytetrafluoroethylene (PTFE). Different types of greases combine the lubricating properties of oils with added stickiness, which allows the lubricant to adhere to the surfaces better. Grease possesses characteristic feature such as high initial viscosity, which make it frictional. It is popularly used across various industries such as automobile, railway, construction, pharmaceutical, food & beverage, mining and numerous others. For rails, greases can be used in mechanisms where lubrication is required frequently and where a lubricating oil does not stay for long. Grease acts as a sealant to avert ingress of water and incompressible materials. Germany, France, UK, Russia, Italy and Rest of Europe are major economies in Europe. The western part of Europe is known for its better standards of living, with people displaying a higher income level. It is one of the wealthiest regions on the European continent, with per capita Gross Domestic Product Type (GDP) more than the other parts. Europe is a well-established and mature market for rail greases.

Increasing adoption of digital channels to increase customer reach is the key driver for the growth of the Europe rail greases market. The increasing adoption of digital channels across Europe has brought about an increased emphasis on online distributions channels. Internet usage and smartphone ownership rates are growing across Europe, and consumers are becoming more inclined to do everything from researching making their final purchase decision online. Several benefits, such as convenience, fast delivery, and secure payment options, have attracted B2B buyers to purchase online. Thus, the companies operating in the rail grease market have optimized their distribution strategy over the past few years to keep pace with the competition and continue to grow their businesses. The companies are adopting online distribution channels to target and reach a large number of customers in the market and their traditional offline distribution channels. Besides, online distribution channels help companies reach the target consumers quickly without adding additional costs and expenses. Thus, lubricants and grease manufacturers are leveraging the e-commerce industry to earn revenue by opening online stores and making sales through these channels.

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the rail greases market. The Europe rail greases market is expected to grow at a good CAGR during the forecast period.

COVID-19 has affected economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. The chemical and material industry are one of the major industries suffering serious disruptions such as supply chain breaks, disruptions in manufacturing due to lockdown and office shutdowns as a result of this outbreak. All these factors have greatly affected the rail grease market. In Europe, Italy is the hardest-hit country by the coronavirus outbreak. It is expected to suffer an economic hit due to a lack of revenue from various industries, as Italy recorded the highest number of coronavirus cases. Other member states have implemented drastic measures and travel restrictions, including partially closing their borders. This is anticipated to impact market growth in Europe.

Europe Rail Greases Market Revenue and Forecast to 2027 (US$ Million)

This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.

Europe Rail Greases Market Segmentation

Europe Rail Greases Market – ByProduct Type

Lithium Grease
Calcium Grease
Other Grease

Europe Rail Greases Market – By Application

Railway Vehicle Elements
Railway Track Elements
Switches and Fish Plates
Curve Rails
Screw and Bolts

Europe Rail Greases Market – By Distribution Channel

Offline
Online

Europe Rail Greases Market – By Country

UK
Germany
France
Italy
Russia
Rest of Europe

Europe Rail Greases Market-Companies Mentioned

Royal Dutch Shell Plc
Exxon Mobil Corporation
Total SA
Petroliam Nasional Berhad (Petronas)
FUCHS
SKF Group
Chevron Corporation
Klüber Lubrication
Sinopec Corp.

Europe Rail Greases Report Scope

Report Attribute	Details
Market size in 2018	US$ 65.40 Million
Market Size by 2027	US$ US$ 79.43 Million
Global CAGR (2019 - 2027)	2.3%
Historical Data	2016-2017
Forecast period	2019-2027
Segments Covered	By Product Type Lithium Grease Calcium Grease Other Grease By Application Railway Vehicle Elements Railway Track Elements Switches and Fish Plates Curve Rails Screw and Bolts By Distribution Channel Offline and Online
Regions and Countries Covered	Europe UK Germany France Russia Italy Rest of Europe
Market leaders and key company profiles	Royal Dutch Shell Plc Exxon Mobil Corporation Total SA Petroliam Nasional Berhad (Petronas) FUCHS SKF Group Chevron Corporation Kl

Research Manager

Habi Ummer

Manager,
Market Research & Consulting

Habi is a seasoned Market Research Analyst with 8 years of experience specializing in the Chemicals and Materials sector, with additional expertise in the Food & Beverages and Consumer Goods industries. He is a Chemical Engineer from Vishwakarma Institute of Technology (VIT) and has developed deep domain knowledge across industrial and specialty chemicals, paints and coatings, paper and packaging, lubricants, and consumer products. Habi’s core competencies include market sizing and forecasting, competitive benchmarking, trend analysis, client engagement, report writing, and team coordination—making him adept at delivering actionable insights and supporting strategic decision-making.

What are the Europe Rail Greases Market report deliverables?

Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
PEST and SWOT Analysis
Market Size Value / Volume - Global, Regional, Country
Industry and Competitive Landscape
Excel Dataset

Europe Rail Greases Market Report Snapshots

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