High Temperature Grease Market Size

High Temperature Grease Market size was valued at USD 17.25 billion in 2024 and is likely to cross USD 65.43 billion by 2037, expanding at more than 10.8% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of antifreeze is estimated at USD 18.74 billion. The increasing industrialization across various regions is driving the demand for high-temperature grease. Industries such as steel manufacturing, automotive, aerospace, and others required high-temperature greases to ensure smooth operations and equipment longevity. The automotive sector is a significant consumer of high-temperature greases.

Industries began recognizing the importance of regular equipment maintenance, including proper lubrication, to extend the lifespan of machinery and reduce downtime. High-temperature grease is a specialized lubricant designed to withstand elevated temperatures in various industrial applications. It plays a crucial role in reducing friction and wear between moving parts in high-temperature environments.

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of antifreeze is estimated at USD 18.74 billion.

The high temperature grease market size was valued at USD 17.25 billion in 2024 and is likely to cross USD 65.43 billion by 2037, expanding at more than 10.8% CAGR during the forecast period i.e., between 2025-2037. Increasing industrial sector will drive the market growth.

Asia Pacific industry is expected to account for largest revenue share of 38% by 2037, driven by rising consumer incomes, urbanization, and increased demand for vehicles in the region.

The major players in the market are Shell Oil Company, ExxonMobil Corporation, Chevron Corporation, Klüber Lubrication München SE & Co. KG, The Dow Chemical Company, TotalEnergies SE, FUCHS Lubricants Co., SKF Group, China Petroleum & Chemical Corporation, Petro-Canada Lubricants Inc.

High Temperature Grease Market Size