The vacuum grease market consists of grease formulations designed for lubricating applications operating under vacuum conditions. The greases are based on oil-thickened fluids or solid lubricants with suitable additives to enhance operation in vacuum. Vacuum greases are essential for lubricating components in various industrial processes that require vacuum conditions like components in vacuum chambers, pumps and gauges. Vacuum greases provide protection against wear and tear, resist high and low temperatures, and prevent corrosion. They also act as a barrier against moisture, gases and small particles, keeping mechanical parts running smoothly in vacuum environments.
The global vacuum grease market is estimated to be valued at USD 147.6 Mn in 2024 and is expected to reach USD 223.2 Mn by 2031, exhibiting a compound annual growth rate (CAGR) of 6.1% from 2024 to 2031.
Key Takeaways
Key players operating in the vacuum grease market are Dow Corning Corporation, Klüber Lubrication, Mobil (ExxonMobil), Shell, SKF Group, Chemours Company, CRC Industries, Fuchs Petrolub SE. The demand for vacuum greases is growing across industries like automotive, vacuum technology, electronics and semiconductors due to increasing adoption of vacuum technology in manufacturing processes. Vacuum greases play a vital role in enhancing the operational efficiency of vacuum components used across these industries.
Technological advancements in Vacuum Grease Market Growth formulations have widened their application scope. New greases are being developed to suit varied temperature and pressure conditions for enhancing reliability of vacuum systems. Solid lubricants are replacing oil-based greases to reduce contamination in ultra-high vacuum applications.
Get More Insights On- Vaccuum Grease Market