The Global Mineral Grease Market was valued at USD 3.85 Billion in 2023 and is projected to reach USD 4.92 Billion by 2028, growing at a Compound Annual Growth Rate (CAGR) of 5.1% during the forecast period (2024–2028). This steady growth is driven by rising industrial activity, expanding automotive and manufacturing sectors, and the increasing demand for high-performance lubrication solutions that offer extended equipment life and operational reliability.

As global industries focus on efficiency, maintenance optimization, and machinery longevity, the role of advanced lubricating greases becomes critically important. In this blog, we profile the Top 10 Companies in the Mineral Grease Industry—a combination of global energy giants, specialized lubricant manufacturers, and industrial suppliers who are setting the standards for quality and innovation.

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🔟 1. Shell plc

Headquarters: London, United Kingdom
Key Offering: Shell Gadus Greases, Shell Albida Greases

Shell is a dominant global force in the lubricants industry, with its extensive range of Shell Gadus greases serving diverse industrial, automotive, and marine applications. Their products are engineered for high-load carrying capacity, water resistance, and thermal stability.

Innovation & Sustainability Initiatives:

• Development of bio-based and biodegradable grease alternatives
• Focus on reducing the carbon footprint of grease production and distribution
• Global supply chain and technical support network

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9️⃣ 2. ExxonMobil Corporation

Headquarters: Spring, Texas, USA
Key Offering: Mobilgrease Series, Mobilith Series

ExxonMobil offers a comprehensive portfolio of mineral greases under the Mobil brand, known for their superior performance in extreme conditions. Their Mobilith and Mobilgrease products are widely used in mining, construction, and heavy industries.

Innovation & Sustainability Initiatives:

• Advanced synthetic and semi-synthetic grease formulations
• R&D into greases that extend re-lubrication intervals, reducing waste
• Commitment to sustainable sourcing and production practices

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8️⃣ 3. BP plc (Castrol)

Headquarters: London, United Kingdom
Key Offering: Castrol Spheerol Greases, Castrol Braycote Greases

Through its Castrol brand, BP is a leading supplier of industrial and automotive greases. Their Spheerol line is designed for a wide range of industrial applications, while specialized greases cater to food-grade and high-temperature environments.

Innovation & Sustainability Initiatives:

• Expansion of environmentally acceptable lubricants (EALs)
• Digital monitoring solutions to optimize grease usage and reduce consumption
• Partnerships with OEMs to develop application-specific formulations

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7️⃣ 4. TotalEnergies SE

Headquarters: Paris, France
Key Offering: Total Ceran Greases, Multis Complex Greases

TotalEnergies Lubricants provides a robust range of mineral greases, including its flagship Ceran line for multipurpose applications and specialized complex greases for severe operating conditions. The company has a strong presence across Europe, Africa, and Asia.

Innovation & Sustainability Initiatives:

• Development of high-performance lithium complex and calcium sulfonate greases
• Investment in recyclable packaging and circular economy principles
• Focus on energy efficiency through reduced friction lubricants

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6️⃣ 5. Chevron Corporation

Headquarters: San Ramon, California, USA
Key Offering: Chevron Ultra-Duty Greases, Chevron Polyurea Greases

Chevron’s grease portfolio is built around durability and protection. Their Ultra-Duty and Polyurea greases are designed to withstand high temperatures and heavy loads, making them ideal for the mining, agriculture, and transportation sectors.

Innovation & Sustainability Initiatives:

• Proprietary additive technology for enhanced wear protection
• Growing portfolio of greases compatible with biodegradable base oils
• Technical services to help customers minimize lubricant use and environmental impact

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5️⃣ 6. FUCHS Petrolub SE

Headquarters: Mannheim, Germany
Key Offering: Renolit Greases, Plantogel Greases

FUCHS is one of the world’s largest independent lubricant manufacturers, with a sharp focus on specialty greases. The company is renowned for its technical expertise and custom solutions for niche industrial applications.

Innovation & Sustainability Initiatives:

• Pioneering work in high-performance solid lubricants and paste greases
• Strong commitment to R&D, with numerous grease technology patents
• Comprehensive range of food-grade (H1) and environmentally friendly greases

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4️⃣ 7. LUKOIL

Headquarters: Moscow, Russia
Key Offering: LUKOIL LITOL-24 Grease, LUKOIL CIATIM Greases

LUKOIL is a major integrated oil company and a key supplier of lubricants and greases in Eastern Europe and Central Asia. Its products are widely used in domestic industries, from automotive to heavy machinery.

Innovation & Sustainability Initiatives:

• Modernization of production facilities to improve product quality and output
• Development of greases for harsh climatic conditions prevalent in its core markets
• Focus on meeting regional industry standards and specifications

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3️⃣ 8. SKF Group

Headquarters: Gothenburg, Sweden
Key Offering: SKF LGHP Greases, SKF LGET Greases

While primarily a bearing manufacturer, SKF is a significant player in the specialty grease market. Its greases are specifically formulated to maximize the performance and service life of rolling bearings in various applications.

Innovation & Sustainability Initiatives:

• Close integration of grease development with bearing design for optimal system performance
• Leading provider of condition monitoring and automated lubrication systems
• Focus on greases that enable higher operating speeds and temperatures

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Mineral Grease Market – View in Detailed Research Report

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2️⃣ 9. Sinopec (China Petroleum & Chemical Corporation)

Headquarters: Beijing, China
Key Offering: Great Wall Greases, Sinopec Lubricants

Sinopec is one of Asia’s largest petroleum and chemical enterprises and a leading grease supplier in the Chinese market. Its “Great Wall” brand offers a wide array of greases catering to the massive domestic industrial and automotive sectors.

Innovation & Sustainability Initiatives:

• Massive scale production to meet domestic demand and support exports
• Investment in R&D to develop greases for high-speed rail, wind turbines, and new energy vehicles
• Expansion of international distribution networks

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1️⃣ 10. China National Petroleum Corporation (CNPC)

Headquarters: Beijing, China
Key Offering: Kunlun Greases

CNPC, through its lubricant subsidiary, is another titan in the Chinese and global grease markets. The Kunlun brand is well-established and trusted for its quality and reliability across numerous industrial applications.

Innovation & Sustainability Initiatives:

• Strategic focus on serving state-owned enterprises and major infrastructure projects
• Development of specialty greases for the aerospace and defense sectors
• Commitment to adhering to international quality standards to boost global competitiveness

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Mineral Grease Market – View in Detailed Research Report

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🏭 Outlook: The Future of Mineral Grease Is Smarter and More Sustainable

The mineral grease market is evolving beyond basic lubrication to become an integral part of industrial efficiency and sustainability strategies. While traditional lithium-based greases continue to dominate, the industry is witnessing a shift towards advanced formulations that offer longer life, better performance, and a reduced environmental footprint.

📈 Key Trends Shaping the Market:

• Growing demand for high-performance complex greases (lithium complex, calcium sulfonate) for severe service conditions
• Rising adoption of bio-based and synthetic greases in environmentally sensitive applications
• Integration of Internet of Things (IoT) and automated lubrication systems for predictive maintenance
• Increasing regulatory pressure and industry standards pushing for extended drain intervals and lower toxicity

Get Full Report Here:
Mineral Grease Market – View in Detailed Research Report

The companies profiled above are not just supplying a commodity; they are providing the essential lubrication that keeps the world’s industries running smoothly, efficiently, and with an increasing focus on sustainability.