Uploaded on Apr 8, 2024
According to the latest research report by IMARC Group, The global mining lubricants market size reached US$ 2.5 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 3.4 Billion by 2032, exhibiting a growth rate (CAGR) of 3.6% during 2024-2032. More Info:- https://www.imarcgroup.com/mining-lubricants-market
Mining Lubricants Market Growth, Demand and Challenges of the Key Industry Players 2024-32
Global Mining Lubricants
Market Research and
Forecast Report 2024-
2032
Format: PDF+EXCEL
© 2023 IMARC All Rights Reserved
About IMARC Group
In ternat ional Market Analys is Research and Consul t ing Group is a leading adv iser on management
s t rategy and market research wor ldwide. We par tner wi th c l ients in a l l regions and indust ry
vert ica ls to ident i fy thei r h ighest -value oppor tuni t ies, address thei r most cr i t ica l chal lenges, and
t ransform thei r bus inesses.
IMARC’s in format ion products inc lude major market , sc ient i f ic , economic and technological
developments for bus iness leaders in pharmaceut ica l , indust r ia l , and h igh technology
organizat ions. Market forecasts and indust ry analys is for b iotechnology, advanced mater ia ls ,
chemicals , food and beverage, t ravel and tour ism, nanotechnology and novel process ing methods
are at the top of the company’s exper t ise.
IMARC’s ta i lored approach combines unfathomable ins ight in to the dynamics o f companies and
markets wi th c lose cooperat ion at a l l levels of the c l ient organizat ion. This ensures that our c l ients
achieve unmatchable compet i t ive advantage, bui ld more pro f ic ient organizat ions, and secure
las t ing resul ts .
A cc o r d i ng t o t h e l a t e s t r e p o r t b y I MA R C Gr o u p , t i t l e d " M in i n g L u b r i ca n t s Ma r k e t :
G l o b a l I n d u s t r y T r e n d s , S h a r e , S i z e , Gr o w th , O p p o r t u n i t y a n d F o r e c as t 2 0 2 4 -
20 3 2 , " t h e g l o b a l m i n i n g l u b r i c a n ts ma r k e t s i z e r e ac h e d U S $ 2 .5 B i l l i o n i n 2 0 2 3 .
M i n i n g l u b r i c a n t s r e f e r t o a t y p e o f s p e c i a l t y l u b r i c an t t h a t i s a pp l i e d t o m i n i ng
Report eq u i p m e n t i n o r d e r t o m i n i m i z e ma c h i n e r y r e p l a ce m e n t c o s t s , r e d u c e d o w n t i me , a nd m i n i m i z e f r i c t i o n . B y f o r m i ng a m i c r o s c op i c l a y e r o n m e t a l s u r f ac e s , t h e s e l ub r i c a n ts
r ed u c e w e a r an d t e a r o n e q u i pm e n t p a r t s . Ge n e r a l l y , t h e se f l u i d s a re c o m po s e d o f
Highlight and mi n e r a l o i l o r h i g h - s y n t he t i c b as e f l u i ds , s u c h a s p o l y a l p h ao l e f i n a n d p o l y o l es t e r s , w h i c h h av e l o w t r a c t i o n p r o pe r t i e s .
A mo n g th e i r c h a r a c te r i s t i c s a r e h i g h t h e r ma l s t a b i l i t y , a h i g h v i s c o s i t y i n d ex , a l o n g o i l
Description d r a i n i n t e rv a l , h i g h c o r r o s i o n r e s i s t a n c e , b e t te r p r e ss u r e r e s i s t an c e , a nd r e d uc e d w ea r
an d t e a r . I n a d d i t i o n t o h y d r a u l i c s y s t e m s , t u r b i ne s , co m p r es s o r s , g e a rs , pn e u m a t i c
t oo l s , a n d m i n i n g t r an s m i ss i o n s , t h e y a r e u se d i n mo b i l e a n d s t a t i o n a r y e q u i pm e n t .
D ue t o t h e i r v e r s a t i l i t y , t h e y a r e w i d e l y u s e d i n t h e m i n i n g o f p r ec i o u s m e ta l s a n d o r e s .
R eq u e s t f o r a P D F sa m p le o f th i s r ep o r t :
h t t p s : / /w w w . i ma r c g r o u p . co m / m i n i n g - l u b r i c a n ts - m a r ke t / r eq u e s t sa m p l e
Report Description
G lo b a l M i n i n g L u b r i c a n t s M a r k e t T r e n d s :
T h e g l o b a l m a r k e t i s m a j o r l y d r i v e n b y a c o n s i d e r a b l e r i s e i n i n v e s tm e n t s b y m a j o r m a r k e t p l a y e r s t o s t r e n g t h e n a n d e x p a n d t h e
m i n i n g i n d u s t r y . T h i s c a n b e a t t r i b u te d t o t h e p a r a d i g m s h i f t t o w a r d a u t o m a t i c l u b r i c a t i o n t e c h n i q u e s f r o m m a n u a l l u b r i c a t i o n
p r o c e d u r e s . I n a d d i t i o n t o t h i s , r a p i d i n d u s t r i a l i z a t i o n , p a r t i c u l a r l y i n t h e e m e r g i n g e c o n o m i e s , i s i m p a c t i n g t h e m a r k e t p o s i t i v e l y .
M o r e o v e r , t h e e s c a l a t i n g d e m a n d f o r a n e x t e n d e d o p e r a t i o n a l l i f e o f v a r i o u s m i n i n g e q u i p m e n t l e a d i n g t o t h e a d o p t i o n o f p r e m i u m
l u b r i c a n t s b y o r i g i n a l e q u i p m e n t m a n u f a c t u r e r s ( O E M s ) i s p r o v i d i n g a n i m p e tu s t o t h e m a r k e t .
B e s i d e s t h i s , c o n s i d e r a b l e g r o w t h i n t h e o i l a n d g a s i n d u s t r y r e s u l t i n g i n t h e r i s i n g n u m b e r o f m i n i n g a n d e x p l o r a t i o n a c t i v i t i e s i s
c r e a t i n g l u c r a t i v e g r o w t h o p p o r t u n i t i e s i n t h e m a r k e t . T h e m a r k e t i s f u r t h e r f u e l e d b y c o n t i n u a l p r o d u c t i n n o v a t i o n s , s u c h a s t h e
d e v e l o p m e n t o f b i o - b a s e d p r o d u c t v a r i a n t s w i t h r e d u c e d a q u e o u s t o x i c i t y , b i o d e g r a d a b i l i t y , a n d r e c y c l a b i l i t y . S o m e o f t h e o th e r
f a c t o r s c o n t r i b u t i n g t o t h e m a r k e t i n c l u d e r a p i d u r b a n i z a t i o n , t h e a d v e n t o f i n d u s t r y 4 . 0 , c o n t i n u o u s d e v e l o p m e n ts i n m i n i n g
i n f r a s t r u c t u r e o n t h e g l o b a l l e v e l , a n d s t r a t e g i c m e r g e r s a n d a c q u i s i t i o n s ( M & A s ) , c o l l a b o r a t i o n s , a n d r e s e a r c h a n d d e v e l o p m e n t
( R & D ) a c t i v i t i e s c o n d u c t e d b y t h e k e y p l a y e r s .
L o o k in g f o r w a r d , t h e m a r k e t i s a n t i c ip a t e d t o r e a c h a v a lu e o f U S $ 3 .4 B i l l i o n b y 2 0 3 2 , e x h i b i t i n g a C A G R o f 3 . 6 % d u r in g
2 0 2 4 - 2 0 3 2 .
V ie w R e p o r t T O C , F i g u r e s a n d T a b l e s : h t t p s : / / w w w . i m a r c g r o u p . c o m / m i n in g - l u b r i c a n t s - m a r k e t
Breakup by Product:
• Mineral Oi l Lubricants
• Synthetic Lubricants
• Bio-Based Lubricants
Breakup by Equipment Function:
Report • Engine
• Hydraul ic
Segmentation
• Transmission
• Gear
Breakup by Mining Techniques:
• Surface Mining
• Underground Mining
Breakup by Application:
• Coal Mining
• Bauxite Mining
• I ron Ore Mining
• Precious Metals Mining
• Rare Earth Mineral Mining
Report
• Others
Segmentation
Breakup by Region:
• North America
• Asia-Pacifi c
• Europe
• Latin America
• Middle East and Afr ica
• BP p.l .c.
• Chevron Corporation
• China Petroleum & Chemical Corporat ion
Competitive • ExxonMobi l Corporation
Landscape • Fuchs Group Holding GmbH
• Klüber Lubrication (Freudenberg & Co.
with Key Kommanditgesel lschaft)
Players • PetroChina Company Limited
• Quaker Chemical Corporation
• Royal Dutch Shel l P lc
• Total SE
What was the size of the global mining lubricants
market in 2023?
What is the expected growth rate of the global
mining lubricants market during 2024-2032?
What are the key factors driving the global mining
Key lubricants market?
Questions What has been the impact of COVID-19 on the
global mining lubricants market?
Answered in
What is the breakup of the global mining lubricants
the Report market based on the product?
What is the breakup of the global mining lubricants
market based on the application?
What are the key regions in the global mining
lubricants market?
Who are the key players/companies in the global
mining lubricants market?
1 P r e f a c e
2 S c o p e a n d M e t h o d o l o g y
2 . 1 O b j e c t i v e s o f t h e S t u d y
2 . 2 S t a k e h o l d e r s
2 . 3 D a t a S o u r c e s
2 . 3 . 1 P r i m a r y S o u r c e s
2 . 3 . 2 S e c o n d a r y S o u r c e s
2 . 4 M a r k e t E s t i m a t i o n
2 . 4 . 1 B o t t o m - U p A p p r o a c h
Table of 2 . 4 . 2 T o p - D o w n A p p r o a c h 2 . 5 F o r e c a s t i n g M e t h o d o l o g y
3 E x e c u t i v e S u m m a r y
4 I n t r o d u c t i o n
4 . 1 O v e r v i e w
Contents 4 . 2 K e y I n d u s t r y T r e n d s5 G l o b a l M i n i n g L u b r i c a n t s M a r k e t
5 . 1 M a r k e t O v e r v i e w
5 . 2 M a r k e t P e r f o r m a n c e
5 . 3 I m p a c t o f C O V I D - 1 9
5 . 4 M a r k e t F o r e c a s t
6 M a r k e t B r e a k u p b y P r o d u c t
6 . 1 M i n e r a l O i l L u b r i c a n t s
6 . 1 . 1 M a r k e t T r e n d s
6 . 1 . 2 M a r k e t F o r e c a s t
6 . 2 S y n t h e t i c L u b r i c a n t s
6 . 2 . 1 M a r k e t T r e n d s
6 . 2 . 2 M a r k e t F o r e c a s t
6 . 3 B i o - B a s e d L u b r i c a n t s
6 . 3 . 1 M a r k e t T r e n d s
6 . 3 . 2 M a r k e t F o r e c a s t
7 M a r k e t B r e a k u p b y E q u i p m e n t F u n c t i o n
7 . 1 E n g i n e
7 . 1 . 1 M a r k e t T r e n d s
7 . 1 . 2 M a r k e t F o r e c a s t
7 . 2 H y d r a u l i c
7 . 2 . 1 M a r k e t T r e n d s
7 . 2 . 2 M a r k e t F o r e c a s t
7 . 3 T r a n s m i s s i o n
7 . 3 . 1 M a r k e t T r e n d s
7 . 3 . 2 M a r k e t F o r e c a s t
7 . 4 G e a r
Table of 7 . 4 . 1 M a r k e t T r e n d s 7 . 4 . 2 M a r k e t F o r e c a s t
8 M a r k e t B r e a k u p b y M i n i n g T e c h n i q u e s
8 . 1 S u r f a c e M i n i n g
Contents 8 . 1 . 1 M a r k e t T r e n d s 8 . 1 . 2 M a r k e t F o r e c a s t
8 . 2 U n d e r g r o u n d M i n i n g
8 . 2 . 1 M a r k e t T r e n d s
8 . 2 . 2 M a r k e t F o r e c a s t
9 M a r k e t B r e a k u p b y A p p l i c a t i o n
9 . 1 C o a l M i n i n g
9 . 1 . 1 M a r k e t T r e n d s
9 . 1 . 2 M a r k e t F o r e c a s t
9 . 2 B a u x i t e M i n i n g
9 . 2 . 1 M a r k e t T r e n d s
9 . 2 . 2 M a r k e t F o r e c a s t
9 . 3 I r o n O r e M i n i n g
9 . 3 . 1 M a r k e t T r e n d s
9 . 3 . 2 M a r k e t F o r e c a s t
F o r m o r e i n f o r m a t i o n , v i s i t :
h t t p s : / / w w w. im a rcg ro u p . co m / m in i n g - l u b r i c a n t s - m a r ke t / t o c
Disclaimer
© 2023 IMARC Al l R ights Reserved
Th is Pub l i ca t ion and a l l i t ’ s con ten ts un less o therw ise men t i oned a re copy r i gh ted in the name o f
I n t e rna t i ona l Marke t Ana lys i s Research and Consu l t ing ( IMARC) . No pa r t o f t h i s pub l i ca t ion may be
rep roduced , repackaged , red i s t r i bu ted o r res o ld i n who le o r i n any pa r t . The pub l i ca t ion may a l so
no t be used i n any f o rm o r by and means g raph i c e lec t ron ic o r mechan ic a l , i nc lud ing pho tocopy ing ,
reco rd ing , t ap ing o r by i n fo rmat i on s to rage o r re t r ieva l , o r by any o the r f o rm, w i t hou t the exp ress
c ons en t o f I n t e rna t iona l Marke t Ana lys i s Research and Consu l t i ng ( IMARC) .
Disc la imer : Al l con ten ts and da ta o f t h i s pub l i c a t i on , i nc lud ing fo recas t s , da ta ana lys i s and op in ion
have been based on in f o rmat ion and sources be l ieved to be accu ra te and re l iab le a t t he t ime o f
pub l i sh ing . In t e rna t i ona l Ma rke t Ana l ys is Research and Consu l t ing makes no rep resen ta t ion o f
war ran t y o f any k ind as to t he acc u racy o r comp le teness o f any I n fo rmat i on p rov ided . IMARC
accep ts no l i ab i l i t y wha tsoever f o r any los s o r damage resu l t i ng f rom op in ion , e r ro rs o r
i naccu rac ies i f any f ound th is pub l i ca t ion .
IMARC, IMARC Group and G loba l Therapy I ns igh t Ser i es a re reg is t e red t rademarks o f I n te rna t iona l
Marke t Ana lys i s Research and Consu l t ing . A l l o the r t rademarks used i n th i s pub l i ca t i on a re
reg i s te red t rademarks o f t he i r r espec t i ve compan ies .
Contact Us
Visit us at :
https://www.imarcgroup.com
TELEPHONE: +1-631-791-1145
E-MAIL: [email protected]
Comments