Vacuum Grease Market Anticipated To Promote Industry Growth At A CAGR 6.0% For Forecast Period From 2018 To 2025: Grand View Research Inc.
San Francisco, 26 March 2019: The Report Vacuum Grease Market Analysis, By Type (Silicone, Fluorocarbon, Hydrocarbon), By Application (Food Processing, Laboratory Equipment, Pharmaceutical), By Region, And Segment Forecasts, 2018 – 2025 The global Vacuum Grease Market is expected to reach USD 155.9 million by 2025, growing at a CAGR of 6.0%, according to a new report by Grand View Research, Inc. Increasing use of high precision machines operating under vacuum environments is leading the demand for vacuum grease to provide lubrication in high temperature and pressure environments. Also, its demand is rising owing to its wide acceptance as a safe sealant among industries such as food processing, automotive and aerospace. Vacuum grease, available in various variants depending on the base oil used, such as silicone based, hydrocarbon based, and fluorocarbon, is largely used as a sealant of O-rings, bearings, valves in vacuum environments. Europe and Nor...