According to Stratistics MRC, the Global Grease Cartridges Market is accounted for $215.69 million in 2017 and is expected to reach $405.68 million by 2026 growing at a CAGR of 7.3% during the forecast period.
— Huge demand for lubrications in automobile industry and indispensable use of lubricating grease in multiple industries is likely to boosting the market growth. However, factors such as high cost of paperboard are hindering the market growth.
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Cartridges decrease human efforts while applying grease for equipment parts. Consumers are moving towards expedient products for lubricating. Manufacturers come up with various innovations lubricant packaging solutions out of which are plastic cartridges which are expected to witness a shift in demand from fiberboard cartridges. Over and above that, grease cartridges which are made up of plastic are gathering significant traction as it provides better leakage protection when compared to that of fiberboard grease cartridges.
Based on Material, plastic segment held significant market share during the forecast period. Plastic cartridges are resistant to a broad spectrum of corrosive chemicals and reagents which, in turn, have reduced chances of leakage and climate resistance. By Geography, Asia Pacific held largest market share during forecast period due to growing demand for lubrication in automobile sector.
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Some of the key players profiled in the Grease Cartridges Market include Andpak Inc, Bev-Cap Pty Ltd, Biederman Enterprises Ltd, Fischbach KG, Long Thames Enterprise Co., Ltd,MBP Manufacture Bourguignonne de Plastique, Plastic Tooling Manufacturing Pty. Ltd, Schieferdecker GmbH & Co. KG, Sonoco Products Company and Tubi System AB.
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Material Types Covered:
Closure Types Covered:
• Flat Cap
• Piston Cap
• Spouted cap
• Pull-Off Cap
End Users Covered:
• Mining Industries
• Office Buildings
• Government Units
• Oil & Gas Industry
• Other End Users
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
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