Application (Industrial, Agriculture, Construction, Automotive)
The automotive segment in the grease gun market is anticipated to hold largest share of about 38% during the forecast period. The grease gun industry is expanding as a result of rising auto demand, particularly in developing nations. The total number of passenger vehicles sold rose from 30,69,523 to 38,90,114. In comparison to the prior year, sales of passenger cars grew from 14,67,039 to 17,47,376, utility vehicles from 14,89,219 to 20,03,718, and vans from 1,13,265 to 1,39,020 units in FY-2022–2023 in India. The automobile business is expanding due to a number of causes, including rising disposable incomes, increased urbanization, and growing population. Because grease guns are utilized in vehicle maintenance and repair, this in turn is fuelling the need for them. From April 2022 to March 2023, the industry produced 2,59,31,867 vehicles, including passenger cars, commercial vehicles, three-wheelers, two-wheelers, and quadricycles, compared to 2,30,40,066 units in April 2021 to March 2022.
Loading (Bulk Loading, Cartridge Loading, Suction Loading)
The suction loading segment is predicted to hold 48% share of the global grease gun market by 2037. The growth of the segment is expected to grow as it is easier to use this kind of loading. By raising the handle, suction loading operates according to the suction principle. This loading is also reasonably priced.
Our in-depth analysis of the global grease gun market includes the following segments:
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Author Credits: Rajrani Baghel
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