Middle East and Africa Rail Greases Market

Middle East and Africa 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

Publication Month: Sep 2020 | Report Code: TIPRE00014315 | No. of Pages: 94 | Category: Chemicals and Materials | Status: Published
Covid

The rail greases market in MEA is expected to reach US$ 39.93 million by 2027 from US$ 34.11 million in 2018 and is expected to grow at a CAGR of 1.9% 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. Grease possesses characteristic feature such as high initial viscosity, which make it frictional. Grease is being used for maintenance of various rail elements such as railway axles & wheels, bearings & chains, brake elements, interior components, pantographs and railway track components, as it prevents entry of contaminants or loss of lubricant. Soft grease used in gearboxes, for noise reduction, as leakage resistant, and for suspension of solid additives. Greased components consumes a small amount of power and is an even less vulnerable impact to any wear tear damage. Besides, 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. The demand of greases in railway industry is growing due to the development of new railway infrastructure across major countries such as South Africa, Saudi Arabia, UAE and Rest of MEA coupled with the maintenance activities of different parts used in railway transportation.

 

South Africa, Saudi Arabia, UAE and Rest of MEA are major economies in MEA. South Africa has dominated the MEA rail greases market with highest market share and is estimated to be the fastest growing region during the forecast period. The growth of the rail greases market in this country is primarily due to booming economy, rapid urbanization and growing investment by the government of emerging countries in the development of railway infrastructure. The country is experimenting with state-of-the-art transport technologies to make urban rail systems more efficient, reliable and passenger friendly. The South Africa metro systems are progressively moving from semi-automatic to driverless/unmanned train operations. Most of the upcoming systems are introducing the deployment of cutting-edge technological solutions for the comfort and safety of commuters. Hence, the rail greases market is expected to experience rapid growth in the country. Furthermore, numerous government initiatives for digitization in the country’s conventional railway networks will also drive the rail greases market during the forecast period.

 

Railway vehicle elements such as axles & wheels, bearings & chains, brake elements, interior components, and pantographs need frequent maintenance and lubrication for smooth running and high performance. Applying greases on wheels offer various benefits such as it reduces labor costs, extends repair intervals, and reduces lubricant consumption. Using greases for railway vehicle elements offers various operation benefits such as increases equipment reliability, reduces unplanned downtime, reduces energy and fuel consumption, and improves equipment profitability. Moreover, greases can help in saving energy and reducing noise. The axle box bearing of a vehicle-track system is an important component of a railway and train bogie, which bears a variety of complicated stochastic loads between the track and bogie. The reliability and service life of axle box bearings can influence railway safety. Grease plays a major part in the lubrication of railway axle box bearings as lubrication failures of axle box bearings can lead to accidents, such as hot axle cutting and bearing burnout. Apart from this, greases are also used in other railway components such as track components, brakes and interior components. Greases used in the railway track components are designed to minimize friction, reduce temperature, and prevent wear between wheel flange and rails. Greases are also used in screws and bolts used in the installation of railway track elements to protect them from rusting. Thus, the rail greases are mostly required for the maintenance activities and for smooth running and high performance of different parts such as railway vehicle components and railway track components. This fact has driven the market for rail greases during the forecast.

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 MEA 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. Saudi Arabia has the largest COVID-19 cases in the MEA region, and is followed by South Africa and UAE, among others. UAE was the first country in MEA to report a confirmed case of coronavirus.

 

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

 

 

MEA Rail Greases Market Segmentation

 

MEA Rail Greases Market – By Product Type

  • Lithium Grease
  • Calcium Grease
  • Other Grease

MEA Rail Greases Market – By Application

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

MEA Rail Greases Market – By Distribution Channel

  • Offline
  • Online

MEA Rail Greases Market – By Country

  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of MEA

MEA 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.

 

1.           Introduction

1.1       Scope of the Study

1.2       The Insight Partners Research Report Guidance

1.3       MEA Market Segmentation

1.3.1        MEA Rail Greases Market – By Product Type

1.3.2        MEA Rail Greases Market – By Application

1.3.3        MEA rail greases Market – By Distribution Channel

1.3.4        MEA rail greases Market – By Country

2.             MEA Rail Greases Market – Key Takeaways

3.             Research Methodology

3.1       Scope of the Study

3.2       Research Methodology

3.2.1        Data Collection:

3.2.2        Primary Interviews:

3.2.3        Hypothesis formulation:

3.2.4        Macro-economic factor analysis:

3.2.5        Developing base number:

3.2.6        Data Triangulation:

3.2.7        Country level data:

4.             MEA Rail Greases– Market Landscape

4.1       Overview

4.2       MEA PEST Analysis

4.3       Expert Opinion

5.             MEA Rail Greases – Key Market Dynamics

5.1       Key Market Drivers

5.1.1        Use Of Rail Greases In Maintenance Activities Of Different Railway Parts

5.1.2        Leveraging Online Distribution Channels  To Increase Customer Reach

5.2       Key Market Restraints

5.2.1        Stringent Regulations For The Production And Usage Of Lubricating Oils

5.3       Key Market Opportunities

5.3.1        Growing Demand For Biodegradable Rail Greases

5.4       Future Trends

5.4.1        The Introduction Of New Technologies Such As AI, Big Data And Cloud Computing In The Conventional Railway Networks

5.5       Impact Analysis

6.             Rail Greases Market – MEA Analysis

6.1       MEA: Rail Greases Market –Revenue, and Forecast to 2027 (US$ Million)

6.2       MEA rail greases Market, By Country - Forecasts And Analysis

6.3       Market Positioning of Key Players

7.             MEA Rail Greases Market Analysis – By Product Type

7.1       Overview

7.2       MEA: Rail Greases Market, by Product Type

7.3       Lithium Grease

7.3.1        Overview

7.3.1.1      Lithium Grease: Rail Greases Market – Revenue, and Forecast to 2027 (US$ Million)

7.4       Calcium Grease

7.4.1        Overview

7.4.1.1      Calcium Grease: Rail Greases Market – Revenue, and Forecast to 2027 (US$ Million)

7.5       Other Grease

7.5.1        Overview

7.5.1.1      Other Grease: Rail Greases Market – Revenue, and Forecast to 2027 (US$ Million)

8.             MEA Rail Greases Market Analysis – By Application

8.1       Overview

8.2       MEA: Rail Greases Market, by Application

8.3       Railway Vehicle Elements

8.3.1        Overview

8.3.1.1      Railway Vehicle Elements: Rail Greases Market – Revenue, and Forecast to 2027 (US$ Million)

8.4       Railway Track Elements

8.4.1        Overview

8.4.1.1      Railway Track Elements: Rail Greases Market – Revenue, and Forecast to 2027 (US$ Million)

8.5       Switches and Fish Plates

8.5.1        Overview

8.5.1.1      Switches and Fish Plates: Rail Greases Market – Revenue, and Forecast to 2027 (US$ Million)

8.6       Curve Rails

8.6.1        Overview

8.6.1.1      Curve Rails: Rail Greases Market – Revenue, and Forecast to 2027 (US$ Million)

8.7       Screw and Bolts

8.7.1        Overview

8.7.1.1      Screw and Bolts: Rail Greases Market – Revenue, and Forecast to 2027 (US$ Million)

9.             MEA Rail Greases Market Analysis – By Distribution Channel

9.1       Overview

9.2       MEA: Rail Greases Market, by Distribution Channel

9.3       Online

9.3.1        Overview

9.3.1.1      Online: Rail Greases Market – Revenue, and Forecast to 2027 (US$ Million)

9.4       Offline

9.4.1        Overview

9.4.1.1      Offline: Rail Greases Market – Revenue, and Forecast to 2027 (US$ Million)

10.          MEA Rail Greases Market – Country Analysis

10.1    MEA: Rail Greases Market, by Key Country

10.1.1.1    South Africa: Rail Greases Market – Revenue, and Forecast to 2027 (US$ Million)

10.1.1.1.1    South Africa: Rail Greases Market, by Product Type

10.1.1.1.2    South Africa: Rail Greases Market, by Application

10.1.1.1.3    South Africa: Rail Greases Market, by Distribution Channel

10.1.1.2    Saudi Arabia: Rail Greases Market – Revenue, and Forecast to 2027 (US$ Million)

10.1.1.2.1    Saudi Arabia: Rail Greases Market, by Product Type

10.1.1.2.2    Saudi Arabia: Rail Greases Market, by Application

10.1.1.2.3    Saudi Arabia: Rail Greases Market, by Distribution Channel

10.1.1.3    UAE: Rail Greases Market – Revenue, and Forecast to 2027 (US$ Million)

10.1.1.3.1    UAE: Rail Greases Market, by Product Type

10.1.1.3.2    UAE: Rail Greases Market, by Application

10.1.1.3.3    UAE: Rail Greases Market, by Distribution Channel

10.1.1.4    Rest of MEA: Rail Greases Market – Revenue, and Forecast to 2027 (US$ Million)

10.1.1.4.1    Rest of MEA: Rail Greases Market, by Product Type

10.1.1.4.2    Rest of MEA: Rail Greases Market, by Application

10.1.1.4.3    Rest of MEA: Rail Greases Market, by Distribution Channel

11.          Impact of COVID-19 Pandemic on MEA Rail Grease Market

11.1    MEA : Impact Assessment of COVID-19 Pandemic

12.          Industry Landscape

12.1    Product News

12.2    Project Finance

13.          Company Profiles

13.1    Royal Dutch Shell Plc

13.1.1     Key Facts

13.1.2     Business Description

13.1.3     Products and Services

13.1.4     SWOT Analysis

13.2    Exxon Mobil Corporation

13.2.1     Key Facts

13.2.2     Business Description

13.2.3     Products and Services

13.2.4     SWOT Analysis

13.3    Total SA

13.3.1     Key Facts

13.3.2     Business Description

13.3.3     Products and Services

13.3.4     SWOT Analysis

13.4    Petroliam Nasional Berhad (Petronas)

13.4.1     Key Facts

13.4.2     Business Description

13.4.3     Products and Services

13.4.4     SWOT Analysis

13.5    FUCHS

13.5.1     Key Facts

13.5.2     Business Description

13.5.3     Products and Services

13.5.4     SWOT Analysis

13.5.5     Key Developments

13.6    SKF Group

13.6.1     Key Facts

13.6.2     Business Description

13.6.3     Products and Services

13.6.4     SWOT Analysis

13.7    Chevron Corporation

13.7.1     Key Facts

13.7.2     Business Description

13.7.3     Products and Services

13.7.4     SWOT Analysis

13.8    Klüber Lubrication

13.8.1     Key Facts

13.8.2     Business Description

13.8.3     Products and Services

13.8.4     SWOT Analysis

13.8.5     Key Developments

13.9    Sinopec Corp.

13.9.1     Key Facts

13.9.2     Business Description

13.9.3     Products and Services

13.9.4     SWOT Analysis

14.          Appendix

14.1    About The Insight Partners

14.2    Glossary of Terms


LIST OF TABLES

Table 1.             MEA Rail Greases Market Revenue And Forecasts To 2027 (US$ Mn)

Table 2.             MEA: Rail Greases Market, by Product Type – Revenue and Forecast to 2027 (US$ Million)

Table 3.             MEA: Rail Greases Market, by Application – Revenue and Forecast to 2027 (US$ Million)

Table 4.             MEA: Rail Greases Market, by Distribution Channel – Revenue and Forecast to 2027  (US$ Million)

Table 5.             South Africa: Rail Greases Market, by Product Type –Revenue and Forecast to 2027 (US$ Million)

Table 6.             South Africa: Rail Greases Market, by Application –Revenue and Forecast to 2027 (US$ Million)

Table 7.             South Africa: Rail Greases Market, by Distribution Channel –Revenue and Forecast to 2027 (US$ Million)

Table 8.             Saudi Arabia: Rail Greases Market, by Product Type –Revenue and Forecast to 2027 (US$ Million)

Table 9.             Saudi Arabia: Rail Greases Market, by Application –Revenue and Forecast to 2027 (US$ Million)

Table 10.          Saudi Arabia: Rail Greases Market, by Distribution Channel –Revenue and Forecast to 2027 (US$ Million)

Table 11.          UAE: Rail Greases Market, by Product Type –Revenue and Forecast to 2027 (US$ Million)

Table 12.          UAE: Rail Greases Market, by Application –Revenue and Forecast to 2027 (US$ Million)

Table 13.          UAE: Rail Greases Market, by Distribution Channel –Revenue and Forecast to 2027 (US$ Million)

Table 14.          Rest of MEA: Rail Greases Market, by Product Type –Revenue and Forecast to 2027  (US$ Million)

Table 15.          Rest of MEA: Rail Greases Market, by Application –Revenue and Forecast to 2027  (US$ Million)

Table 16.          Rest of MEA: Rail Greases Market, by Distribution Channel –Revenue and Forecast to 2027 (US$ Million)

Table 17.          Glossary of Terms, Rail Greases Market

 

LIST OF FIGURES

Figure 1.           MEA Rail Greases Market Segmentation

Figure 2.           MEA Rail Greases Market Segmentation, By Country

Figure 3.           MEA Rail Greases Market Overview

Figure 4.           Lithium Grease Held Largest Share Of Product Type Segment In MEA Rail Greases Market

Figure 5.           South Africa Country Is Expected to Show Remarkable Growth During the Forecast Period

Figure 6.           Rail Greases Market, Industry Landscape

Figure 7.           MEA PEST Analysis

Figure 8.           MEA Rail Greases Market Impact Analysis of Driver and Restraints

Figure 9.           MEA: Rail Greases Market – Revenue and Forecast to 2027 (US$ Million)

Figure 10.        Market Positioning of Key Players In Rail Greases Market

Figure 11.        MEA: Rail Greases Market Revenue Share, by Product Type (2018 and 2027)

Figure 12.        MEA Lithium Grease: Rail Greases Market – Revenue, and Forecast to 2027 (US$ Million)

Figure 13.        MEA Calcium Grease: Rail Greases Market – Revenue, and Forecast to 2027 (US$ Million)

Figure 14.        MEA Other Grease: Rail Greases Market – Revenue, and Forecast to 2027 (US$ Million)

Figure 15.        MEA: Rail Greases Market Revenue Share, by Application (2018 and 2027)

Figure 16.        MEA Railway Vehicle Elements: Rail Greases Market – Revenue, and Forecast to 2027 (US$ Million)

Figure 17.        MEA Railway Track Elements: Rail Greases Market – Revenue, and Forecast to 2027 (US$ Million)

Figure 18.        MEA Switches and Fish Plates: Rail Greases Market – Revenue, and Forecast to 2027 (US$ Million)

Figure 19.        MEA Curve Rails: Rail Greases Market – Revenue, and Forecast to 2027 (US$ Million)

Figure 20.        MEA Screw and Bolts: Rail Greases Market – Revenue, and Forecast to 2027 (US$ Million)

Figure 21.        MEA: Rail Greases Market Revenue Share, by Distribution Channel (2018 and 2027)

Figure 22.        MEA Online: Rail Greases Market – Revenue, and Forecast to 2027 (US$ Million)

Figure 23.        MEA Offline: Rail Greases Market – Revenue, and Forecast to 2027 (US$ Million)

Figure 24.        MEA: Rail Greases Market Revenue Share, by Key Country (2018 and 2027)

Figure 25.        South Africa: Rail Greases Market – Revenue, and Forecast to 2027 (US$ Million)

Figure 26.        Saudi Arabia: Rail Greases Market – Revenue, and Forecast to 2027 (US$ Million)

Figure 27.        UAE: Rail Greases Market – Revenue, and Forecast to 2027 (US$ Million)

Figure 28.        Rest of MEA: Rail Greases Market – Revenue, and Forecast to 2027 (US$ Million)

Figure 29.        Impact of COVID-19 Pandemic in MEA  Country Markets

 

The List of Companies - Middle East and Africa Rail Greases Market

  1. Royal Dutch Shell Plc
  2. Exxon Mobil Corporation
  3. Total SA
  4. Petroliam Nasional Berhad (Petronas)
  5. FUCHS
  6. SKF Group
  7. Chevron Corporation
  8. Klüber Lubrication
  9. Sinopec Corp.

 

 

  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the MEA rail greases market.
  • Highlights key business priorities in order to assist companies to realign their business strategies.
  • The key findings and recommendations highlight crucial progressive industry trends in the MEA rail greases market, thereby allowing players across the value chain to develop effective long-term strategies.
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
  • Scrutinize in-depth MEA market trends and outlook coupled with the factors driving the rail greases market, as well as those hindering it.
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution.
TIPRE00014315
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