A comprehensive analysis on the Food Grade Grease Market by Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
Grease or lubricant may get added in the food through cracks, leaks or untidy use during maintenance making them indirect food additives. This demands the use of food grade grease in the euipments involved in the manufacturing process. Selecting and using an appropriate food grade grease ensures a safe, smooth and efficient working of the plant all while avoiding toxicity, maintaining the health standards and increasing the profitability. In every geographical region, several government authorities like NSF, NHF, FDA, NAFDAC, CFIA, FSSAI, EFSA, MOH, FSANZ, etc. have strict regulations for the use of grease being a food grade grease. Every country has different standards
Every lubricant, including the food grade grease, should be able to provide sufficient lubrication for metal-metal surface separation along with the ability to perform in extreme temperature and pressure environments. Properties like anti-wear performance, high load carrying, good seal compatibility, oxidation stability, rust and corrosion inhibitors are also desirable from food grade greases. The food grade greases must resist the impurities such as steam, process water, high pressure cleaning and acidic conditions. Other chemicals and raw materials used in the course of manufacturing may also act as contaminants.
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Food Grade Grease Market Regional Outlook:
Currently, Europe is comparatively a bigger market in the world for food grade greases and is followed by North America. The dominance of these regions can be credited to the rigorous food safety norms present here. Increased health awareness among the manufacturers is also one prominent factor that boosts the growth of food grade grease in these regions.
However, in the near future, Asia-Pacific among all regions, is expected to develop at the fastest pace considering the firm economic growth of countries like China and India.
List of Market Participants:
Presently, the food grade grease market is dominated by several market players out of which few are listed below:
- Fuchs Petrolub SE, Germany
- BP PLC, United Kingdom
- Total S.A., France
- Petro-Canada Lubricants Inc., Canada
- Exxon Mobil Corporation, United States of America
- Kluber Lubrication Munchen SE & CO. KG, Germany
- AB SKF, Sweden
- LanxessAktiengesellschaft, Germany
- Illinois Tool Works Inc., United States of America
- Jax Inc., United States of America
- ITW ROCOL, England
- Bel-Ray Company LLC, United States of America
- Lubriplate Lubricants Company, United States of America
- Schaeffer Manufacturing Co., United States of America
- Suncor Energy Inc., Canada
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.
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Food Grade Grease Market Segmentation:
Market for food grade grease can be segmented on the basis of type of lubricant, base oil, end use and geographic regions.
On the basis of the type of lubricant, food grade greases can be segmented as:
- H1 lubricants
- H2 lubricants
- 3H lubricants (releasing agents)
- H3 lubricants (soluble oil)
- Others
On the basis of base oil, food grade greases can be segmented by:
- Mineral oil
- Synthetic oil
- Polyalphaolephins (PAO)
- Polyalkyl Glycols (PAG)
- Easters and silicones
- Bio-based oil
On the basis of end use, food grade greases can be segmented into:
- Food industry
- Sugar
- Dairy
- Bakery
- Meat processing
- Fruit and vegetable processing
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