Grease Market Overview:
As per Maximize Market Research, a global business research and consultancy firm, the total global market for “Grease Market” was USD 5.60 Bn. in 2022 and is expected to grow at a CAGR of 2.9 percent over the forecast period to reach USD 6.85 Bn. in 2029.
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The market for thermally conductive grease is driven by the need for comprehensive cooling qualities and an effective heat transmission function. The demand for heat-sensitive computer components for heat management in modern medical equipment and medical lasers is driving market expansion.
The silicone grease category is estimated to account for the lion's share of the market over the...