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North 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)

Code: TIPRE00014195 | Pages: 88 | Industry: Chemicals and Materials | Date: Sep 2020
Covid

North America Rail Greases Market Forecast to 2027 – COVID-19 Impact and 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)

 

Number of Pages: 88

Market Introduction

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). 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. Grease is also 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. Thus, the regular maintenance activities of different parts used in railway transportation is expected to create a significant demand for rail greases in the coming years, which is further anticipated to drive the rail greases market.

 

Market Overview and Dynamics

The rail greases market in North America is expected to reach US$ 92.46 million by 2027 from US$ 74.62 million in 2018 and is expected to grow at a CAGR of 2.5% from 2019 to 2027. Using grease in the railways and trains reduces surface damage and subsurface deformation of rail curves. Most of these greases consist of petroleum hydrocarbons. After the operation, these lubricants fall on the railroad tracks and pollute the environment. These greases do not decompose in natural conditions and damage ecosystems associated with the rail. Thus, to improve the ecological compatibility of works and equipment, new biodegradable, eco-friendly lubricants are developed by the key players operating in the market. These biodegradable greases are high performing and their additives are either synthetic ester or vegetable oil based. It degrades sooner compared to its mineral oil-based alternatives and do not release environmentally harmful residues after use. Companies operating in the North America Rail Greases Market are focusing on development of such products through its constant research and development activities. For instance, in March 2018, the company introduces biodegradable rail flank lubricating grease for stationary systems. Moreover, the manufacturers of these greases comply with environmental regulations. Thus, the demand for biodegradable greases is projected to boost over the forecast period due to increasing concern towards the environment across North America.

COVID-19 has affected economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. In North America, the US has the highest number of confirmed cases of coronavirus, as, compared to Canada and Mexico. This is likely to impact the rail transport in the country as, due to the COVID-19 outbreak, the supply and distribution chain is likely to get affected. In addition, the overall manufacturing processes, research, and development activities will also impact market growth.

 

Key Market Segments

In terms of product type, the lithium grease segment  accounted for the largest share of the North America Rail Greases Market in 2018. In terms of application, the railway vehicle elements segment  held a larger market share of the rail greases market in 2018. Further, the offline segment held a larger share of the market based on distribution channel in 2018.

Major Sources and Companies Listed

A few major primary and secondary sources referred to for preparing this report on the rail greases market in North America are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are Royal Dutch Shell Plc, Exxon Mobil Corporation, Total SA, Petroliam Nasional Berhad (Petronas), FUCHS, SKF Group, Chevron Corporation, Klüber Lubrication and Sinopec Corp. among others.

Reasons to buy report

  • To understand the North America Rail Greases Market landscape and identify market segments that are most likely to guarantee a strong return
  • Stay ahead of the race by comprehending the ever-changing competitive landscape for North America Rail Greases Market
  • Efficiently plan M&A and partnership deals in North America Rail Greases Market by identifying market segments with the most promising probable sales
  • Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form North America Rail Greases Market
  • Obtain market revenue forecast for market by various segments from 2019-2027 in North America region.

NORTH AMERICA RAIL GREASES MARKET SEGMENTATION

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
  • Online

 

By Country

 

  • US
  • Canada
  • Mexico

 

Company Profiles

  • 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       North America Market Segmentation

1.3.1        North America Rail Greases Market – By Product Type

1.3.2        North America Rail Greases Market – By Application

1.3.3        North America Rail Greases Market – By Distribution Channel

1.3.4        North America Rail Greases Market – By Country

2.             North America 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.             North America Rail Greases– Market Landscape

4.1       Overview

4.2       North America  PEST Analysis

4.3       Expert Opinion

5.             North America Rail Greases – Key Market Dynamics

5.1       Key Market Drivers

5.1.1        Regular Maintenance Activities of Different Parts Used In Railway Transportation

5.1.2        Leveraging E-Commerce Industry To Increase Customer Reach

5.2       Key Market Restraints

5.2.1        Stringent Environmental and Continuous Reforms By Governments

5.3       Key Market Opportunities

5.3.1        Surging Demand for Biodegradable Rail Greases

5.4       Future Trends

5.4.1        The Introduction of Advanced Technologies such As Digitization in The Conventional Railway Networks

5.5       Impact Analysis

6.             Rail Greases Market – North America Analysis

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

6.2       North America rail greases market, By Country - Forecasts And Analysis

6.3       Market Positioning of Key Players

7.             North America Rail Greases Market Analysis – By Product Type

7.1       Overview

7.1.1        North America: Rail Greases Market, by Product Type

7.2       Lithium Grease

7.2.1        Overview

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

7.3       Calcium Grease

7.3.1        Overview

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

7.4       Other Grease

7.4.1        Overview

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

8.             North America Rail Greases Market Analysis – By Application

8.1       Overview

8.1.1        North America: North America Rail Greases market, by Application

8.2       Railway Vehicle Elements

8.2.1        Overview

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

8.3 Railway Track Elements

8.2.2        Overview

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

8.3       Switches and Fish Plates

8.3.1        Overview

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

8.4       Curve Rails

8.4.1        Overview

8.4.1.1      Curve Rails: Greases market – Revenue, and Forecast to 2027 (US$ Million)

8.5       Screw and Bolts

8.5.1        Overview

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

9.             North America Rail Greases Market Analysis – By Distribution Channel

9.1       Overview

9.1.1        North America: Rail Greases Market, by Distribution Channel

9.2       Online

9.2.1        Overview

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

9.3       Offline

9.3.1        Overview

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

10.          North America Rail Greases Market – Country Analysis

10.1    Overview

10.1.1     North America: Rail Greases Market, by Key Country

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

10.1.1.1.1    US: Rail Greases Market, by Product Type

10.1.1.1.2    US: Rail Greases Market, by Application

10.1.1.1.3    US: Rail Greases Market, by Distribution Channel

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

10.1.1.2.1    Canada: Rail Greases Market, by Product Type

10.1.1.2.2    Canada: Rail Greases Market, by Application

10.1.1.2.3    Canada: Rail Greases Market, by Distribution Channel

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

10.1.1.3.1    Mexico: Rail Greases Market, by Product Type

10.1.1.3.2    Mexico: Rail Greases Market, by Application

10.1.1.3.3    Mexico: Rail Greases Market, by Distribution Channel

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

11.1    North America: 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.             North America rail greases market Revenue And Forecasts To 2027 (US$ Mn)

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

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

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

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

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

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

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

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

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

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

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

Table 13.          Mexico: 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.           North America Rail Greases Market Segmentation

Figure 2.           North America Rail Greases Market Segmentation, By Country

Figure 3.           North America Rail Greases Market Overview

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

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

Figure 6.           North America Rail Greases Market, Industry Landscape

Figure 7.           North America PEST Analysis

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Figure 22.        North America Online: Rail Greases market – Revenue, and Forecast to 2027 (US$ Million)

Figure 23.        North America Offline: Rail Greases market – Revenue, and Forecast to 2027 (US$ Million)

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

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

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

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

Figure 28.        Impact of COVID-19 Pandemic in North American Country Markets

 

The List of companies - North America 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 North America 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 North America 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 North America 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. 

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