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Vacuum Grease Market


Chemicals & Material
Specialty Chemicals

The global vacuum grease market was valued at USD 117.82 Million in 2014 and is projected to reach USD 229.68 Million by 2020, at a CAGR of 11.32% from 2015 to 2020. This growth is mainly attributed to the strong laboratory equipment industry in Europe and North America, growth in the food processing industry in China and India and the growth in the global commercial aerospace market.

Among all applications, the laboratory & industrial equipment vacuum grease segment is the fastest-growing application segment in the vacuum grease market. Vacuum grease is a lubricant which has low volatility. It is resistant to alcohols, esters, alkalis, and water. As a sealant, it is used in the joints in vacuum systems. It also helps provide protection from corrosion and fusing, leading to lower wear for components and equipment thus prolonging their life. It is also added to valves, bearings, and O-rings for their smooth functioning. Vacuum grease provides lubrication to laboratory & industrial equipment, binoculars, and telescopes. It has applications in both high-pressure and low-pressure situations and is compatible with metals, plastics, and rubbers.

A wide range of vacuum grease are available in the market. Fluorocarbon-based vacuum grease is the major type of vacuum grease. It is used as a sealant in vacuum systems, and as a lubricant in high-temperature bearings, valves, and O-rings. Hydrocarbon-based vacuum grease is the second-largest type of vacuum grease. It is used on O-rings in rotating pump shafts, hydraulic cylinder pistons, and other systems that need vacuum conditions to operate.

Europe held the largest share in the global vacuum grease market in 2014. The growth in this region mainly attributed high demand for laboratory & industrial equipment in medical care, hospitals, educational institutions, and industries. Aging population and demand for clinical research are the major drivers for laboratory & industrial equipment application in Europe.

Vacuum Grease Market

Factors inhibiting the growth of the global vacuum grease market include lack of developments by major players and the limited applications of vacuum grease. The Chemours Company (DuPont) (U.S.), Dow Corning (U.S.), M&I Materials Ltd. (U.K.), Solvay S.A. (Belgium), Castrol Ltd. (U.K.), Ulvac Technologies Inc. (U.S.), Inland Vacuum Industries Inc. (U.S.), Kluber Lubrication (Germany), Fuchs Lubritech GmbH (Germany), Santolubes LLC (U.S.), Supervac Industries (India), and MPT Industries (U.S.). are key players operating in the vacuum grease market. M&I Materials Ltd. (U.K.) is engaged in the production of new products in the field of vacuum grease market.

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