Global Mining Lubricants Market Size, Share, Trends, Industry Growth by Product (Mineral Oil, Synthetic Lubricants, Bio-based Lubricants), by Equipment Function (Engine, Hydraulic, Transmission, Gear), by End-Use Industry, and Forecast to 2027

Price: 3600/- USD | Published Date: October 1, 2021 |

The global mining lubricants market size is anticipated to register a significant CAGR of over 5% during the forecast period from 2021 to 2027. The growing drilling and mining industry around the world is a primary factor to drive the market growth. Furthermore, the increasing demand for mining equipment coupled with the demand for better quality mining lubricants is anticipated to boost the market growth over the forecast period. Moreover, the growing investment in the mining industry from developing economies is expected to spur market growth. However, stringent government regulations are expected to restrain market growth.

Market Segment Insights:

The global mining lubricants market is bifurcated into the product, equipment function, end-use industry, and geography. On the basis of product, the market is further segmented into mineral oil lubricants, synthetic lubricants, and bio-based lubricants. The mineral oil lubricant segment dominated the global market in 2020 and expected to maintain its dominance over the forecast period. The low cost and enhanced operational benefits are some major factors that contributed to the segment growth. Furthermore, the properties associated with the products such as hydrophilic and solvency are anticipated to drive the segment growth.

On the basis of the end-use industry, the market is segmented into coal mining, bauxite mining, iron ore mining, and others. The coal mining segmented dominated the global mining lubricants market in 2020 and accounted to hold the largest market share of over one-third percent of the market. The increasing demand for coal from various industries such as chemicals, metal, paper, and ceramics is expected to drive the segment growth over the forecast period.

Mining Lubricants Market Size

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The mining lubricants comprehensive study offers an in-depth analysis of industry trends, market size, competitive analysis, and market forecast – 2021 to 2027. Research Corridor report provides detailed premium insight into the global market and reveals the potential revenue streams, commercial prospects, market drivers, challenges, opportunities, issues, and events affecting the industry. In addition, the report has a dedicated section covering market forecasts and analysis for leading geographies, profiles of major companies operating in the market and expert opinion obtained from interviews with industry executives and experts from prominent companies.

The mining lubricants market research report presents the analysis of each segment from 2018 to 2027 considering 2020 as the base year for the research. The compounded annual growth rate (CAGR) for each respective segment is calculated for the forecast period from 2021 to 2027.

Historical & Forecast Period

  • 2018-19 – Historical Year
  • 2020 – Base Year
  • 2021-2027 – Forecast Period

Global Mining Lubricants Market Segmentation:

By Product:

  • Mineral Oil Lubricants
  • Synthetic Lubricants
  • Bio-based Lubricants

By Equipment Function:

  • Engine
  • Hydraulic
  • Transmission
  • Gear

By End-Use Industry:

  • Coal Mining
  • Bauxite Mining
  • Iron Ore Mining
  • Precious Metals Mining
  • Rare Earth Mineral Mining
  • Others

By Region:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

Mining Lubricants Market: Geographic Coverage

Geographically, the mining lubricants market report comprises dedicated sections centering on the regional market revenue and trends. The mining lubricants market has been segmented on the basis of geographic regions into North America, Europe, Asia Pacific, and Rest of the World (RoW). The RoW segment consists of Latin America and the Middle East & Africa. The mining lubricants market has been extensively analyzed on the basis of various regional factors such as demographics, gross domestic product (GDP), inflation rate, acceptance, and others. Mining lubricants market estimates have also been provided for the historical years 2018 & 2019 along with forecasts for the period from 2021 – 2027.

Mining Lubricants Market: Competition Assessment

Key players operating in the global mining lubricants market are ExxonMobil Corporation, Royal Dutch Shell Plc, BP p.l.c, Total S.A., and Sinopec. Companies are exploring markets by expansion, new investment, the introduction of new services, and collaboration as their preferred strategies. Players are exploring new geography through expansion and acquisition to gain a competitive advantage through joint synergy.

List of Key Companies:

  • ExxonMobil Corporation
  • Royal Dutch Shell Plc
  • BP p.l.c
  • Total S.A.
  • Sinopec
  • Chevron Corp.
  • Lukoil
  • Idemitsu Kosan Co., Ltd.
  • Suncor Energy Inc.
  • ENGEN PETROLEUM LTD

Key Questions Answered by Mining Lubricants Market Report

  • Global mining lubricants market forecasts from 2021-2027
  • Regional mining lubricants market forecasts from 2021-2027 covering Asia-Pacific, North America, Europe, Middle East & Africa, and Latin America
  • Country-level forecasts from 2021-2027 covering 15 major countries from the aforementioned regions
  • Mining lubricants submarket forecasts from 2021-2027 covering the market by product, by equipment function, by end-use industry, and geography
  • Various industry models such as SWOT analysis, Value Chain Analysis pertaining to the mining lubricants market
  • Analysis of the key factors driving and restraining the growth of the global, regional, and country-level mining lubricants markets from 2021-2027
  • Competitive Landscape and market positioning of top 10 players operating in the mining lubricants market
Table of Content:

1. Preface


1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I – Secondary Research
1.3.2. Phase II – Primary Research
1.3.3. Phase III – Expert Panel Review
1.4. Assumptions

 

2. Executive Summary


2.1. Global Mining Lubricants Market Portraiture
2.2. Global Mining Lubricants Market, by Product, 2020 (USD Mn)
2.3. Global Mining Lubricants Market, by Equipment Function, 2020 (USD Mn)
2.4. Global Mining Lubricants Market, by End-Use Industry, 2020 (USD Mn)
2.5. Global Mining Lubricants Market, by Geography, 2020 (USD Mn)

 

3. Global Mining Lubricants Market Analysis


3.1. Mining Lubricants Market Overview
3.2. Market Inclination Insights
3.3. Market Dynamics
3.3.1. Drivers
3.3.2. Challenges
3.3.3. Opportunities
3.4. Attractive Investment Proposition
3.5. Competitive Analysis
3.6. Porter’s Five Force Analysis
3.6.1. Bargaining Power of Suppliers
3.6.2. Bargaining Power of Buyers
3.6.3. Threat of New Entrants
3.6.4. Threat of Substitutes
3.6.5. Degree of Competition
3.7. COVID-19 Impact Analysis

 

4. Global Mining Lubricants Market By Product, 2018 – 2027 (USD Mn)


4.1. Overview
4.2. Mineral Oil Lubricants
4.3. Synthetic Lubricants
4.4. Bio-based Lubricants

 

5. Global Mining Lubricants Market By Equipment Function, 2018 – 2027 (USD Mn)


5.1. Overview
5.2. Engine
5.3. Hydraulic
5.4. Transmission
5.5. Gear

 

6. Global Mining Lubricants Market By End-Use Industry, 2018 – 2027 (USD Mn)


6.1. Overview
6.2. Coal Mining
6.3. Bauxite Mining
6.4. Iron Ore Mining
6.5. Precious Metals Mining
6.6. Rare Earth Mineral Mining
6.7. Others

 

7. North America Mining Lubricants Market Analysis and Forecast, 2018 – 2027 (USD Mn)


7.1.1. Overview
7.1.2. North America Mining Lubricants Market by Product (2018-2027 USD Mn)
7.1.3. North America Mining Lubricants Market by Equipment Function (2018-2027 USD Mn)
7.1.4. North America Mining Lubricants Market by End-Use Industry (2018-2027 USD Mn)
7.1.5. North America Mining Lubricants Market by Country (2018-2027 USD Mn)
7.1.5.1. U.S.
7.1.5.1.1. U.S. Mining Lubricants Market by Product (2018-2027 USD Mn)
7.1.5.1.2. U.S. Mining Lubricants Market by Equipment Function (2018-2027 USD Mn)
7.1.5.1.3. U.S. Mining Lubricants Market by End-Use Industry (2018-2027 USD Mn)
7.1.5.2. Canada
7.1.5.2.1. Canada Mining Lubricants Market by Product (2018-2027 USD Mn)
7.1.5.2.2. Canada Mining Lubricants Market by Equipment Function (2018-2027 USD Mn)
7.1.5.2.3. Canada Mining Lubricants Market by End-Use Industry (2018-2027 USD Mn)

 

8. Europe Mining Lubricants Market Analysis and Forecast, 2018 – 2027 (USD Mn)


8.1.1. Overview
8.1.2. Europe Mining Lubricants Market by Product (2018-2027 USD Mn)
8.1.3. Europe Mining Lubricants Market by Equipment Function (2018-2027 USD Mn)
8.1.4. Europe Mining Lubricants Market by End-Use Industry (2018-2027 USD Mn)
8.1.5. Europe Mining Lubricants Market by Country (2018-2027 USD Mn)
8.1.5.1. Germany
8.1.5.1.1. Germany Mining Lubricants Market by Product (2018-2027 USD Mn)
8.1.5.1.2. Germany Mining Lubricants Market by Equipment Function (2018-2027 USD Mn)
8.1.5.1.3. Germany Mining Lubricants Market by End-Use Industry (2018-2027 USD Mn)
8.1.5.2. U.K.
8.1.5.2.1. U.K. Mining Lubricants Market by Product (2018-2027 USD Mn)
8.1.5.2.2. U.K. Mining Lubricants Market by Equipment Function (2018-2027 USD Mn)
8.1.5.2.3. U.K. Mining Lubricants Market by End-Use Industry (2018-2027 USD Mn)
8.1.5.3. France
8.1.5.3.1. France Mining Lubricants Market by Product (2018-2027 USD Mn)
8.1.5.3.2. France Mining Lubricants Market by Equipment Function (2018-2027 USD Mn)
8.1.5.3.3. France Mining Lubricants Market by End-Use Industry (2018-2027 USD Mn)
8.1.5.4. Italy
8.1.5.4.1. Italy Mining Lubricants Market by Product (2018-2027 USD Mn)
8.1.5.4.2. Italy Mining Lubricants Market by Equipment Function (2018-2027 USD Mn)
8.1.5.4.3. Italy Mining Lubricants Market by End-Use Industry (2018-2027 USD Mn)
8.1.5.5. Rest of Europe
8.1.5.5.1. Rest of Europe Mining Lubricants Market by Product (2018-2027 USD Mn)
8.1.5.5.2. Rest of Europe Mining Lubricants Market by Equipment Function (2018-2027 USD Mn)
8.1.5.5.3. Rest of Europe Mining Lubricants Market by End-Use Industry (2018-2027 USD Mn)

 

9. Asia Pacific Mining Lubricants Market Analysis and Forecast, 2018 – 2027 (USD Mn)


9.1.1. Overview
9.1.2. Asia Pacific Mining Lubricants Market by Product (2018-2027 USD Mn)
9.1.3. Asia Pacific Mining Lubricants Market by Equipment Function (2018-2027 USD Mn)
9.1.4. Asia Pacific Mining Lubricants Market by End-Use Industry (2018-2027 USD Mn)
9.1.5. Asia Pacific Mining Lubricants Market by Country (2018-2027 USD Mn)
9.1.5.1. China
9.1.5.1.1. China Mining Lubricants Market by Product (2018-2027 USD Mn)
9.1.5.1.2. China Mining Lubricants Market by Equipment Function (2018-2027 USD Mn)
9.1.5.1.3. China Mining Lubricants Market by End-Use Industry (2018-2027 USD Mn)
9.1.5.2. Japan
9.1.5.2.1. Japan Mining Lubricants Market by Product (2018-2027 USD Mn)
9.1.5.2.2. Japan Mining Lubricants Market by Equipment Function (2018-2027 USD Mn)
9.1.5.2.3. Japan Mining Lubricants Market by End-Use Industry (2018-2027 USD Mn)
9.1.5.3. Rest of Asia Pacific
9.1.5.3.1. Rest of Asia Pacific Mining Lubricants Market by Product (2018-2027 USD Mn)
9.1.5.3.2. Rest of Asia Pacific Mining Lubricants Market by Equipment Function (2018-2027 USD Mn)
9.1.5.3.3. Rest of Asia Pacific Mining Lubricants Market by End-Use Industry (2018-2027 USD Mn)

 

10. Latin America (LATAM) Mining Lubricants Market Analysis and Forecast, 2018 – 2027 (USD Mn)


10.1.1. Overview
10.1.2. Latin America Mining Lubricants Market by Product (2018-2027 USD Mn)
10.1.3. Latin America Mining Lubricants Market by Equipment Function (2018-2027 USD Mn)
10.1.4. Latin America Mining Lubricants Market by End-Use Industry (2018-2027 USD Mn)
10.1.5. Latin America Mining Lubricants Market by Country (2018-2027 USD Mn)
10.1.5.1. Brazil
10.1.5.1.1. Brazil Mining Lubricants Market by Product (2018-2027 USD Mn)
10.1.5.1.2. Brazil Mining Lubricants Market by Equipment Function (2018-2027 USD Mn)
10.1.5.1.3. Brazil Mining Lubricants Market by End-Use Industry (2018-2027 USD Mn)
10.1.5.2. Mexico
10.1.5.2.1. Mexico Mining Lubricants Market by Product (2018-2027 USD Mn)
10.1.5.2.2. Mexico Mining Lubricants Market by Equipment Function (2018-2027 USD Mn)
10.1.5.2.3. Mexico Mining Lubricants Market by End-Use Industry (2018-2027 USD Mn)
10.1.5.3. Rest of Latin America
10.1.5.3.1. Rest of Latin America Mining Lubricants Market by Product (2018-2027 USD Mn)
10.1.5.3.2. Rest of Latin America Mining Lubricants Market by Equipment Function (2018-2027 USD Mn)
10.1.5.3.3. Rest of Latin America Mining Lubricants Market by End-Use Industry (2018-2027 USD Mn)

 

11. Middle East and Africa Mining Lubricants Market Analysis and Forecast, 2018 – 2027 (USD Mn)


11.1.1. Overview
11.1.2. MEA Mining Lubricants Market by Product (2018-2027 USD Mn)
11.1.3. MEA Mining Lubricants Market by Equipment Function (2018-2027 USD Mn)
11.1.4. MEA Mining Lubricants Market by End-Use Industry (2018-2027 USD Mn)
11.1.5. Middle East and Africa Mining Lubricants Market, by Country (2018-2027 USD Mn)
11.1.5.1. GCC
11.1.5.1.1. GCC Mining Lubricants Market by Product (2018-2027 USD Mn)
11.1.5.1.2. GCC Mining Lubricants Market by Equipment Function (2018-2027 USD Mn)
11.1.5.1.3. GCC Mining Lubricants Market by End-Use Industry (2018-2027 USD Mn)
11.1.5.2. South Africa
11.1.5.2.1. South Africa Mining Lubricants Market by Product (2018-2027 USD Mn)
11.1.5.2.2. South Africa Mining Lubricants Market by Equipment Function (2018-2027 USD Mn)
11.1.5.2.3. South Africa Mining Lubricants Market by End-Use Industry (2018-2027 USD Mn)
11.1.5.3. Rest of MEA
11.1.5.3.1. Rest of MEA Mining Lubricants Market by Product (2018-2027 USD Mn)
11.1.5.3.2. Rest of MEA Mining Lubricants Market by Equipment Function (2018-2027 USD Mn)
11.1.5.3.3. Rest of MEA Mining Lubricants Market by End-Use Industry (2018-2027 USD Mn)

 

12. Company Profiles


12.1. ExxonMobil Corporation
12.1.1. Business Description
12.1.2. Financial Health and Budget Allocation
12.1.3. Product Positions/Portfolio
12.1.4. Recent Development
12.1.5. SWOT Analysis
12.2. Royal Dutch Shell Plc
12.2.1. Business Description
12.2.2. Financial Health and Budget Allocation
12.2.3. Product Positions/Portfolio
12.2.4. Recent Development
12.2.5. SWOT Analysis
12.3. BP p.l.c
12.3.1. Business Description
12.3.2. Financial Health and Budget Allocation
12.3.3. Product Positions/Portfolio
12.3.4. Recent Development
12.3.5. SWOT Analysis
12.4. Total S.A.
12.4.1. Business Description
12.4.2. Financial Health and Budget Allocation
12.4.3. Product Positions/Portfolio
12.4.4. Recent Development
12.4.5. SWOT Analysis
12.5. Sinopec
12.5.1. Business Description
12.5.2. Financial Health and Budget Allocation
12.5.3. Product Positions/Portfolio
12.5.4. Recent Development
12.5.5. SWOT Analysis
12.6. Chevron Corp.
12.6.1. Business Description
12.6.2. Financial Health and Budget Allocation
12.6.3. Product Positions/Portfolio
12.6.4. Recent Development
12.6.5. SWOT Analysis
12.7. Lukoil
12.7.1. Business Description
12.7.2. Financial Health and Budget Allocation
12.7.3. Product Positions/Portfolio
12.7.4. Recent Development
12.7.5. SWOT Analysis
12.8. Idemitsu Kosan Co., Ltd.
12.8.1. Business Description
12.8.2. Financial Health and Budget Allocation
12.8.3. Product Positions/Portfolio
12.8.4. Recent Development
12.8.5. SWOT Analysis
12.9. Suncor Energy Inc.
12.9.1. Business Description
12.9.2. Financial Health and Budget Allocation
12.9.3. Product Positions/Portfolio
12.9.4. Recent Development
12.9.5. SWOT Analysis
12.10. ENGEN PETROLEUM LTD
12.10.1. Business Description
12.10.2. Financial Health and Budget Allocation
12.10.3. Product Positions/Portfolio
12.10.4. Recent Development
12.10.5. SWOT Analysis
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