Vacuum Grease Market

Vacuum Grease Market Size (2023-2028)

The vacuum grease market was valued at US$ 2.37 million in 2022 and is anticipated to grow to US$ 5.25 million by 2028, with an increasing CAGR of 11.35% from 2023-2028

Vacuum Greases, a word that refers to a group of lubricants, are used to seal the joints of various vacuum-related equipment. In low-pressure situations, vacuum grease is primarily used as a lubricant. They provide lubrication in a 10-8 torr vapor pressure environment with a temperature range of -40°C to 200°C. To lower the outer forces on the ring material, it is employed as a sealer and lubricant in "O" ring-sealed types of equipment.

Vacuum greases have a wide range of uses in the food and beverage industry. These are mostly utilized in food processing applications for sealing purposes. Vacuum grease is widely used as a sealant for O-rings, bearings, and valves in vacuum conditions. It comes in various varieties depending on the base oil used, such as silicone-based, hydrocarbon-based, and fluorocarbon-based. Europe and North America were estimated to be the prominent regions, accounting for the largest share of the vacuum grease market. Respectively, Germany and the United States are driving growth in these regions. The greatest consumer was projected to be Germany, one of the largest exporters of food processing equipment.

Vacuum Grease Market Drivers:

The global demand for food processing enterprises has steadily increased in Western and Asian countries. Food processing companies will want more Vacuum Grease as a result of this. Furthermore, high-temperature Vacuum Greases aid in the reduction of contamination concerns, machine efficiency, and packaging and shipping applications. Furthermore, the growing demand for airtight packaging, the growing number of food processing applications, and technical improvements in industrial equipment in developed regions are driving demand from food processing industries, boosting the global market for Vacuum Grease.

Consumer preferences for a wide range of products are changing, resulting in a greater focus on new product development not only in the food and beverage business but also in the automotive industry. In recent years, a maximum number of studies have been carried out in vacuum conditions, which are less contaminated. As a result, such environments have become a typical occurrence in almost all production companies and research fields today.

However, in such a setting, equipment is frequently subjected to inherent circumstances, resulting in machine wear and tear. Various materials, including vacuum grease, are frequently preferred to improve equipment performance when operating in such settings. Grease is used in various sectors to provide lubrication and achieve desired performance results. As a result of this situation, vacuum greases are increasing in popularity, which is expected to generate profitable growth possibilities for manufacturers and further propel the global vacuum grease market during the forecast period.

Vacuum Grease Market Restraints:

There are a number of obstacles and roadblocks that will stymie overall market expansion. The majority of equipment in such an environment is frequently subjected to inherent circumstances, resulting in machine wear and tear. Growth is expected to decline over the projection period. Furthermore, limited applications of vacuum grease and low-volume utilization by end-use industries are possible barriers to the global Vacuum Grease Market's overall growth.

VACUUM GREASE MARKET REPORT COVERAGE:

Market Segmentation: 

Vacuum Grease Market By Type:

• Fluorocarbon-based vacuum grease

• Hydrocarbon-based vacuum grease

• Silicone-based vacuum grease

Based on product type, hydrocarbon-based vacuum grease tends to dominate the global vacuum grease market in the upcoming years. Mineral oil-based hydrocarbon vacuum greases are generally used by devices that require strong frictional lubrication. They are particularly resistant to creep, which implies that grease will not migrate from its application area, reducing contamination of nearby surfaces. They also maintain cleanliness and minimal outgassing levels without contaminating vacuum systems. In addition, they are simple to use and have a 10-year shelf life.

On the other hand, silicone-based vacuum grease is anticipated to have the highest CAGR in the global vacuum grease market. Silicon vacuum greases, which include silicone oil as their base oil and are water-resistant, are suitable for lubrication and sealants. They have good thermal stability and can work at high temperatures. Excellent chemical resistance, sealing ability, and low volatility are essential characteristics of silicon vacuum greases. Silicon-based vacuum greases can be employed in applications where the pressure is less than 10-8 mbar.

Moreover, fluorocarbon-based vacuum grease has a significant global vacuum grease market in the next six years. Chemically inert fluorocarbon-based vacuum greases provide improved lubrication in vacuum systems. Fluorinated oil, manufactured from perfluoroalkyl polyether and fluorocarbon thickener, is the primary oil for fluorocarbon-based vacuum greases. Vacuum greases based on fluorocarbons do not burn, burst, or degrade, and they do not react to produce solid deposits. They are resistant to oxidation and maintain their lubricating ability at extreme temperatures ranging from –15 to –300 °C. Pressure relief valve lubrication, oven conveyor chain and bearing grease, high-temperature bearing, valve, and O-ring lubrication, or any function that needs high-temperature stability, low vapor pressure, or chemical inertness are all uses for fluorocarbon-based vacuum greases.

Vacuum Grease Market By Application:

• Food processing

• Pharmaceuticals

• Laboratory & Industrial Equipment

• Aerospace/Aviation

• Others

Laboratory and industrial applications are the fastest-growing categories in the vacuum grease industry. A lubricant with low volatility is vacuum grease. Alcohols, esters, alkalis, and water are all resistant to it. It's employed in vacuum systems as a sealer in the joints. It also helps to protect components and equipment from corrosion and fusing, resulting in less wear and a longer lifespan. It's also used to keep valves, bearings, and O-rings running smoothly. Laboratory and industrial equipment, binoculars, and telescopes benefit from vacuum grease. It works with metals, polymers, and rubbers and can be used in high-pressure and low-pressure conditions.

Vacuum Grease Market Regional Analysis: 

• North America

• Europe 

• Asia Pacific

• Latin America

• Middle East and Africa

Impact of COVID-19 on the Vacuum Grease Market:

Vacuum grease is widely used in the transportation business. On the other hand, the transportation industry has ceased operations due to the worldwide lockdown. As a result of the current uncertain scenario, demand for vacuum grease has dropped sharply, and similar patterns are expected in the coming quarter.

Recent Developments in the Vacuum Grease Market:

KrytoxTM low vapor pressure (LVP) and KrytoxTM vacuum pump fluid (VPF) lubricants function exceptionally well in low atmospheric pressures, extremely hot or cold weather, and experiencing harmful substances or gases.

Klber Lubrication recently announced the launch of a synthetic lubricating grease for the pharmaceutical and food processing industries. In order to reduce the risk of failure, Klubersynth UH1 14-151 is introduced so that it can offer water resistance and corrosion protection, as also oxidation stability.

Vacuum Grease Market Key Players:

The companies covered in the report include:

1. The Chemours Company

2. Dow Corning

3. M&I Materials Ltd.

4. Castrol Ltd.

5. Solvay SA

6. Fuchs Lubritech

7. Kluber Lubrication

8. MPT Industries

9. Supervac Industries

10. Santolubes LLC

11. Ulvac Technologies Inc.