Title: Vacuum Grease Market – Forecast (2022-2027)
1Vacuum Grease Market Market size, Industry
outlook, Market Forecast, Demand Analysis, Market
Share, Market Report 2022-2027
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- Vacuum Grease Market is forecast to reach
US185.3 million by 2027, after growing at a CAGR
of 8.5 during 2022-2027. - Rising individual preferences for a wide range of
vacuum grease products such as fluorocarbon,
hydrocarbon, and silicone, in the food and
beverage industry as well as in the automotive
industry is expected to drive the growth of the
global vacuum grease market over the forecast
period. - Increased food processing industries require
advanced packaging and components storage,
including vacuum grease in various countries. - Its traction is also inclining as a result of its
widespread recognition as a safe sealant in
industries such as pharmaceuticals, food
processing, automotive, and aerospace.
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- Key Takeaways
- Europe dominated the vacuum grease market due to
the rapidly rising demand for vacuum grease owing
to its wide acceptance as a safe sealant between
industries such as food processing, automotive
and aerospace. - The increasing number of food processing
industries and the growing need for high-quality
packaging for sealing and increasing mechanical
applications for vacuum and pressure systems are
driving the market growth. - Innovative product development and government
support for research and development activities
are expected to create potential opportunities
for the growth of the market over the forecast
period.
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Vacuum Grease Market Segment Analysis
Geography Europe dominated the vacuum grease
market in 2021 with more than 45. The highly
developed food processing industries in UK,
Germany, and France coupled with continuous
investment in the region to advance the
automotive and aerospace industries has raised
the market growth over the years. In addition,
increasing demand for laboratory industrial
equipment in hospitals, educational institutions,
and industries, has driven the growth of the
vacuum grease industry in European region. In the
automotive industry, hydrocarbon-based greases
are mainly used in frictional mechanisms to
reduce friction, and silicone-based vacuum
greases are used to stabilize higher
temperatures. Thus, the rising growth of
automotive in European region is anticipated to
drive the market growth.
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- Vacuum Grease Industry Outlook
- The Chemours Company (DuPont)
- Dow Corning
- MI Materials Ltd.
- Solvay S.A.
- Castrol Ltd.
- Ulvac Technologies Inc.
- Inland Vacuum Industries Inc.
- Kluber Lubrication
- Fuchs Lubritech GmbH
- Santolubes LLC
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Vacuum Grease Market Forecast (
2022-2027) Learn More About the Report _at_
https//www.industryarc.com/Report/15086/vacuum-g
rease-market.html
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- You Can Customize the Report as Per Your Need.
We have included Some Customization Options - Company Profile
- Analyst Briefing
- Data Tables
- Key Contacts
- Free Customization
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