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Molybdenum Disulfide Extreme Pressure Lithium Grease Market growth will be driven by the automotive industry

Author : Ronak Bora | Published Date : 2019-03-28 

Growing automotive industry is preliminary driver for molybdenum disulfide extreme pressure lithium grease market. The product is used widely for lubrication in steering linkages, pedal shafts, wheel bearing, ball joints and control arms. It is commonly consumed as fifth wheel lubricants in trucks as it maintains protection after grease has be displaced. High performance, extreme pressure load capacity and high oxidation capacity of the compound is boosting molybdenum disulfide extreme pressure lithium grease market.

Rise in construction sector by over 3% annually from past five years is propelling molybdenum disulfide extreme pressure lithium grease market. The product is recommended for lubrication of heavily loaded journal bearings used in rock crushing and industrial plants. It provides excellent oxidation stability, corrosion protection and water resistance to the heavy load plants. Further, non-adverse effects on human health is complementing the product penetration.

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Supply chain of molybdenum disulfide extreme pressure lithium grease market initiates from its manufacturing. It is formulated by base oils, thickener and additives. Post manufacturing, the compound is packed in varied size and shape containers to ease its transportation. The product is distributed to strategic locations for its usage, it is even made available for the customers in the retailer and dealers.

Molybdenum disulfide extreme pressure lithium grease market is diversified into types such as pastes, high performance industrial lubricating oil, compounds, dispersions and anti-friction coating. Based on container into bottle, can, pail, tote, cartridge, drum, ken, spray and tube. They are used in various sectors which are construction and automotive. Various types of application are construction equipment, trucks, industrial and rock crushing plants.

Asia Pacific, led by China, India and Japan will register decent CAGR in molybdenum disulfide extreme pressure lithium grease market. Growth in the construction industry is boosting heavy duty vehicle demand, that consumes the product majorly. It is anticipated that India will be the fastest growing country in the construction industry by 2021 with the global share of over 6%. Indonesia will witness growth of over 5% in construction output per year.

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Prominent formulators in molybdenum disulfide extreme pressure lithium grease market are JX Groups, Molyslip, Whitmore, Chevron, Castrol, Total, Shell, Texano, Dow corning and Exxon Mobil.

 

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About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for Fractovia.org and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. He can be contacted at- [email protected] | https://twitter.com/RonakBora26

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