INDUSTRIAL GREASES MARKET ANALYSIS

Industrial Greases Market, By Type of Base Oil (Mineral Oil-Based Greases, Synthetic Oil-Based Greases, Bio-Based Greases, and Others), By Thickener Type (Lithium-Based Greases, Calcium-Based Greases, Polyurea Greases, Complex Soap Greases, and Others), By End-use Industry (Automotive & Transportation, Construction and Mining Equipment, Steel and Metal Processing, Food and Beverage Industry, Marine and Aerospace, and Others), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa)

In January 2024, Shell Lubricants completed the acquisition of the U.K.-based MIDEL and MIVOLT Shell plc, previously known as Royal Dutch Shell, one of the largest integrated oil and gas companies in the world. The company is a key player in the energy sector, involved in various activities including exploration, production, refining, and marketing of oil and natural gas, as well as renewable energy initiatives.
In February 2022, Chevron Corporation announced an agreement with Bunge North America, Inc. to collaborate on producing renewable feedstock Chevron Corporation is an American multinational energy corporation predominantly specializing in oil and gas. The second-largest direct descendant of Standard Oil, and originally known as the Standard Oil Company.