Global Polyalkylene Glycol (PAG)-based Grease market cagr 14.8%

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Polyalkylene Glycol (PAG)based Grease Market

Polyalkylene Glycol (PAG)-based Grease Market

Scope: Industry Analysis, Market Size, Growth,

Trends Till 2031

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Polyalkylene Glycol (PAG)-based Grease Market Size and Growth

The Polyalkylene Glycol (PAG)-based Grease market research report highlights a growing demand for PAG-based greases due to their superior properties such as high thermal stability and lubricity. The market size is projected to reach USD 1.5 billion by 2025, driven by increasing adoption in automotive and industrial applications.

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Companies Covered (Covid 19 Impact Covered)

◍ Phillips 66 Company

◍ Exxon Mobil Corporation

◍ Totalenergies

◍ Royal Dutch Shell Plc

◍ Denso Corporation

◍ Basf Se

◍ Chevron Corporation

◍ Croda International Plc

◍ Eni Oil Products

◍ Fuchs

◍ Hannong Chemicals Inc.

◍ Hornett Bros & Co Ltd.

◍ Idemitsu Kosan Co., Ltd.

◍ Liqui Moly Gmbh

◍ Morris Lubricants

◍ Petronas Lubricants International

◍ Ultrachem Inc.

◍ DuPont

The competitive landscape of the Polyalkylene Glycol (PAG)-based Grease Market includes key players such as Phillips 66, Exxon Mobil, Totalenergies, Shell, Denso, Basf, Chevron, Croda, Eni, Fuchs, Hannong, Hornett Bros, Idemitsu, Liqui Moly, Morris Lubricants, Petronas, Ultrachem, and DuPont. These companies use PAGbased grease to offer high-performance lubricants for various industries, contributing to the growth of the market.

- Exxon Mobil Corporation: $181.5 billion

- Totalenergies: $192.8 billion

- Royal Dutch Shell Plc: $180.5 billion

- Chevron Corporation: $129.9 billion

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Market Segmentation

By Application

◍ Automotive

◍ Tooling And Industrial Equipment

◍ Marine

◍ Aerospace

◍ HVAC And Refrigeration

◍ Others

By Product

◍ Not Soluble in Water

◍ Dissolved in Water

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Market Growth

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$ X Billion USD

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