The Vacuum Grease Market is estimated to be valued at US$ 223.2 Million in 2031

A newly published report by Coherent Market Insights reveals a sustainable growth opportunity in the vacuum grease market. Coherent Market Insights’ analyst projected the vacuum grease market to be valued at US$ 223.2 Mn in 2031. It is expected to exhibit a CAGR of 6.1% over the forecast period 2024-2031.

Increasing demand from automotive industry drives market growth. Vacuum grease finds wide application in automotive industry for lubricating door locks, springs, and other mechanical components that require lubrication under vacuum conditions.

Moreover, rapid industrialization and growing machine manufacturing industry is also boosting the demand for vacuum grease across the globe. Vacuum grease helps in smooth operation of machine parts by preventing friction and wear & tear under vacuum conditions.

Key Market Trends:

Increasing use of fluorocarbon vacuum grease: Fluorocarbon vacuum grease is a key trend driving market growth. Fluorocarbon vacuum greases are widely used owing to their inherent properties such as chemical inertness, wide operational temperature range, and compatibility with plastics & rubbers. Moreover, fluorocarbon greases do not harden or melt at high or cryogenic temperatures.

Growing demand from semiconductor industry: Vacuum grease find major usage in semiconductor industry for lubricating vacuum components such as flanges, valves, feedthroughs, and others. Miniaturization of electronic components has propelled the demand for greases that can lubricate even at microscopic levels in high and ultra-high vacuum conditions.

Market Opportunities

Silicone-based grease holds the largest share of the overall the vacuum grease market. This is due to its highly inert and non-reactive properties. Silicone grease provides excellent lubrication even in high temperatures without volatilizing and forms an effective seal to prevent air leakage.

By application, the automotive/aerospace segment is anticipated to dominate the global vacuum grease market during the forecast period. Vacuum grease plays a vital role in lubricating various moving parts in aircraft and spacecraft that operate in vacuum conditions. It is widely used as a release agent and sealant owing to its non-volatility, dielectric strength, and ability to withstand wide temperature ranges.

Key Market Takeaways

The global vacuum grease market is anticipated to witness a CAGR of 6.1% during the forecast period 2024-2031. This is owing to growing investment in the aerospace & defense sector and increasing research activities requiring vacuum equipment worldwide.

On the basis of product, the silicone-based grease segment is expected to hold a dominant position. This is owing to its high stability and effectiveness under vacuum.

On the basis of region, North America is expected to hold a dominant position over the forecast period, holding around 30% market share. This is due to presence of major players in the region.

Competitor Insights

Key players operating in the vacuum grease market include

Dow Corning Corporation,

Klüber Lubrication,

Mobil (ExxonMobil),

Shell,

SKF Group,

Chemours Company

Recent Developments

In May 2024, FUCHS Group, a global manufacturer of lubricants and specialized goods, bought Germany-based LUBCON Group, a prominent provider of high-performance specialty lubricants. This acquisition is intended to accelerate the development of innovative specialized lubricant solutions, increase FUCHS’ global competitiveness, and broaden its offering in the specialty lubricants market. More information is available in full report