South America 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)
The rail greases market in SAM is expected to reach US$ 31.52 million by 2027 from US$ 27.53 million in 2018 and is expected to grow at a CAGR of 1.6% 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 Brazil, Argentina and Rest of SAM coupled with the maintenance activities of different parts used in railway transportation.
Brazil, Argentina and Rest of SAM are major economies in SAM. Brazil has dominated the SAM rail greases market with highest market share and is estimated to be the fastest growing country 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 Brazil 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.
Based on distribution channel, the SAM rail greases market is bifurcated into online and offline. The offline segment dominated the SAM rail greases market whereas the online segment is expected to grow at fastest growth rate during the forecast period of 2019-2027. Companies operating in the rail grease market have optimized their distribution strategy over the past few years. To target and reach a large number of customers in the market, the companies are adopting online distributing channels along with their traditional offline distribution channels in response to the emerging influence of digitalization on the business environment. Online distribution channels help companies to easily reach the target consumers without adding additional costs and expenses. 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 SAM rail greases market is expected to grow at a good CAGR during the forecast period.
Moreover,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. Brazil has the highest number of COVID-19 cases, followed by Ecuador, Chile, Peru, and Argentina, among others. The government of SAM has taken an array of actions to protect their citizens and contain COVID-19’s spread. It is anticipated that SAM will face lower export revenues, both from the drop in commodity prices and reduction in export volumes, especially to China, Europe, and the United States, which are important trade partners. Containment measures in several countries of SAM will reduce economic activity in the manufacturing sectors for at least the next quarter, with a rebound once the epidemic is contained.
SAM Rail Greases Market Revenue and Forecast to 2027 (US$ Million)
SAM Rail Greases Market Segmentation
SAM Rail Greases Market – By Product Type
- Lithium Grease
- Calcium Grease
- Other Grease
SAM Rail Greases Market – By Application
- Railway Vehicle Elements
- Railway Track Elements
- Switches and Fish Plates
- Curve Rails
- Screw and Bolts
SAM Rail Greases Market – By Distribution Channel
- Offline
- Online
SAM Rail Greases Market – By Country
- Brazil
- Argentina
- Rest of SAM
SAM 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.
TABLE OF CONTENTS
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 SAM Market Segmentation
1.3.1 SAM Rail Greases Market – By Product Type
1.3.2 SAM Rail Greases Market – By Application
1.3.3 SAM Rail Greases Market – By Distribution Channel
1.3.4 SAM Rail Greases Market – By Country
2. SAM 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. SAM Rail Greases– Market Landscape
4.1 Overview
4.2 SAM PEST Analysis
4.3 Expert Opinion
5. SAM Rail Greases – Key Market Dynamics
5.1 Key Market Drivers
5.1.1 Various Benefits And Uses Of Rail Greases For Railway Components
5.1.2 Increasing E-Commerce Industry To Increase Customer Reach
5.2 Key Market Restraints
5.2.1 Stringent Rules and Regulations For The Production And Uses Of Greases By Governments
5.3 Key Market Opportunities
5.3.1 Increasing Demand for Biodegradable Rail Greases
5.4 Future Trends
5.4.1 The Introduction of New Technologies such As Digitization in The Conventional Railway Networks
5.5 Impact Analysis
6. Rail Greases Market – SAM Analysis
6.1 SAM: Rail Greases Market –Revenue, and Forecast to 2027 (US$ Million)
6.2 SAM rail greases Market, By Country - Forecasts And Analysis
6.3 Market Positioning of Key Players
7. SAM Rail Greases Market Analysis – By Product Type
7.1 Overview
7.2 SAM: 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. SAM Rail Greases Market Analysis – By Application
8.1 Overview
8.2 SAM: 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. SAM Rail Greases Market Analysis – By Distribution Channel
9.1 Overview
9.2 SAM: Rail Greases Market, by Product Type 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. SAM Rail Greases Market – Country Analysis
10.1 Overview
10.1.1 SAM: Rail Greases Market, by Key Country
10.1.1.1 Brazil: Rail Greases Market – Revenue, and Forecast to 2027 (US$ Million)
10.1.1.1.1 Brazil: Rail Greases Market, by Product Type
10.1.1.1.2 Brazil: Rail Greases Market, by Application
10.1.1.1.3 Brazil: Rail Greases Market, by Distribution Channel
10.1.1.2 Argentina: Rail Greases Market – Revenue, and Forecast to 2027 (US$ Million)
10.1.1.2.1 Argentina: Rail Greases Market, by Product Type
10.1.1.2.2 Argentina: Rail Greases Market, by Application
10.1.1.2.3 Argentina: Rail Greases Market, by Distribution Channel
10.1.1.3 Rest of SAM : Rail Greases Market – Revenue, and Forecast to 2027 (US$ Million)
10.1.1.3.1 Rest of SAM : Rail Greases Market, by Product Type
10.1.1.3.2 Rest of SAM : Rail Greases Market, by Application
10.1.1.3.3 Rest of SAM : Rail Greases Market, by Distribution Channel
11. Impact of COVID-19 Pandemic on SAM Rail Grease Market
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 Financial Overview
13.1.5 SWOT Analysis
13.2 Exxon Mobil Corporation
13.2.1 Key Facts
13.2.1 Business Description
13.2.2 Products and Services
13.2.3 Financial Overview
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 Financial Overview
13.3.5 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 Financial Overview
13.4.5 SWOT Analysis
13.5 FUCHS
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 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 Financial Overview
13.6.5 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 Financial Overview
13.7.5 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 Financial Overview
13.8.5 SWOT Analysis
13.8.6 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 Financial Overview
13.9.5 SWOT Analysis
14. Appendix
14.1 About The Insight Partners
14.2 Glossary of Terms
LIST OF TABLES
Table 1. SAM Rail Greases Market Revenue And Forecasts To 2027 (US$ Mn)
Table 2. SAM: Rail Greases Market, by Product Type – Revenue and Forecast to 2027 (US$ Million)
Table 3. SAM: Rail Greases Market, by Application – Revenue and Forecast to 2027 (US$ Million)
Table 4. SAM: Rail Greases Market, by Distribution Channel – Revenue and Forecast to 2027 (US$ Million)
Table 5. Brazil: Rail Greases Market, by Product Type –Revenue and Forecast to 2027 (US$ Million)
Table 6. Brazil: Rail Greases Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 7. Brazil: Rail Greases Market, by Distribution Channel –Revenue and Forecast to 2027 (US$ Million)
Table 8. Argentina: Rail Greases Market, by Product Type –Revenue and Forecast to 2027 (US$ Million)
Table 9. Argentina: Rail Greases Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 10. Argentina: Rail Greases Market, by Distribution Channel –Revenue and Forecast to 2027 (US$ Million)
Table 11. Rest of SAM : Rail Greases Market, by Product Type –Revenue and Forecast to 2027 (US$ Million)
Table 12. Rest of SAM : Rail Greases Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 13. Rest of SAM : Rail Greases Market, by Distribution Channel –Revenue and Forecast to 2027 (US$ Million)
Table 14. Glossary of Terms, Rail Greases Market
LIST OF FIGURES
Figure 1. SAM Rail Greases Market Segmentation
Figure 2. SAM Rail Greases Market Segmentation, By Country
Figure 3. SAM Rail Greases Market Overview
Figure 4. Lithium Grease Held Largest Share Of Product Type Segment In SAM Rail Greases Market
Figure 5. Brazil Country Is Expected to Show Remarkable Growth During the Forecast Period
Figure 6. Rail Greases Market, Industry Landscape
Figure 7. SAM PEST Analysis
Figure 8. SAM Rail Greases Market Impact Analysis of Driver and Restraints
Figure 9. SAM : Rail Greases Market – Revenue and Forecast to 2027 (US$ Million)
Figure 10. Market Positioning Of Key Player In Rail Greases Market
Figure 11. SAM : Rail Greases Market Revenue Share, by Product Type (2018 and 2027)
Figure 12. SAM Lithium Grease: Rail Greases Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 13. SAM Calcium Grease: Rail Greases Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 14. SAM Other Grease: Rail Greases Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 15. SAM: Rail Greases Market Revenue Share, by Application (2018 and 2027)
Figure 16. SAM Railway Vehicle Elements: Rail Greases Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 17. SAM Railway Track Elements: Rail Greases Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 18. SAM Switches and Fish Plates: Rail Greases Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 19. SAM Curve Rails: Rail Greases Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 20. SAM Screw and Bolts: Rail Greases Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 21. SAM: Rail Greases Market Revenue Share, by Distribution Channel (2018 and 2027)
Figure 22. SAM Online: Rail Greases Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 23. SAM Offline: Rail Greases Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 24. SAM: Rail Greases Market Revenue Share, by Key Country (2018 and 2027)
Figure 25. Brazil: Rail Greases Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 26. Argentina: Rail Greases Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 27. Rest of SAM : Rail Greases Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 28. Impact of COVID-19 Pandemic In SAM Country Markets
The List of Companies - SAM Rail Greases Market
- Royal Dutch Shell Plc
- Exxon Mobil Corporation
- Total SA
- Petroliam Nasional Berhad (Petronas)
- FUCHS
- SKF Group
- Chevron Corporation
- Klüber Lubrication
- Sinopec Corp.
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the SAM 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 SAM 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 SAM 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