+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Mining Lubricants - Global Strategic Business Report

  • PDF Icon

    Report

  • 644 Pages
  • March 2024
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 4805368
The global market for Mining Lubricants is estimated at US$2.4 Billion in 2023 and is projected to reach US$3.3 Billion by 2030, growing at a CAGR of 4.4% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

Key Insights:

  • Market Growth: Understand the significant growth trajectory of the Mineral Oil & Bio-based Lubricants segment, which is expected to reach US$2.6 Billion by 2030 with a CAGR of 4.7%. The Synthetic Lubricants segment is also set to grow at 3.3% CAGR over the next 8 years.
  • Regional Analysis: Gain insights into the U.S. market, estimated at $429.4 Million in 2023, and China, forecasted to grow at an impressive 5.9% CAGR to reach $985.5 Million by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

  • Detailed Market Analysis: Access a thorough analysis of the Global Mining Lubricants Market, covering all major geographic regions and market segments.
  • Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
  • Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Mining Lubricants Market.
  • Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

  • How is the Global Mining Lubricants Market expected to evolve by 2030?
  • What are the main drivers and restraints affecting the market?
  • Which market segments will grow the most over the forecast period?
  • How will market shares for different regions and segments change by 2030?
  • Who are the leading players in the market, and what are their prospects?

Report Features:

  • Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
  • In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
  • Company Profiles: Coverage of major players such as BASF SE, Chevron Corporation, BP PLC, and more.
  • Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Select Competitors (Total 71 Featured):

  • BASF SE
  • Chevron Corporation
  • BP PLC
  • China National Petroleum Corporation (CNPC)
  • CHS, Inc.
  • Calumet Specialty Products Partners LP
  • Caltex Australia Ltd.
  • Alhamrani-Fuchs Petroleum Saudi Arabia Ltd.
  • Bel-Ray Company LLC
  • Castrol India Ltd.
  • ABRO Industries, Inc.
  • BioBlend Renewable Resources, LLC
  • Clarion Lubricants
  • Advanced Lubrication Specialities
  • CITGO Lubricants

MarketGlass Platform

Our reports are enhanced by the MarketGlass platform, which brings together industry experts and influencers to provide high-quality, accurate insights. This unique platform allows us to gather comprehensive data and market perspectives, ensuring you receive the most reliable and detailed analysis available.

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • A Prelude to Mining Lubricants
  • Type of Mining Lubricants
  • Mineral Oil & Bio-based Lubricants
  • Synthetic Lubricants
  • Mining Techniques
  • Lubricant Usage by Equipment Function
  • Engine
  • Hydraulic
  • Transmission
  • Gear
  • End-Use Application Sectors for Mining Lubricants
  • Coal Mining
  • Iron Ore Mining
  • Bauxite Mining
  • Other End-Uses
  • Mining Industry Growth Promises Lucrative Opportunities for Mining Lubricants Market
  • Recent Market Activity
  • Mineral Oil & Bio-Based Lubricants Command Global Market
  • Coal Mining Occupies Leading Share of Global Demand
  • Asia-Pacific (including China) Exhibits Massive Gains
  • India Remains Strong Mining Lubricants Market in Asia-Pacific
  • World Mining Lubricants Market (2019 & 2025): Percentage Breakdown of Value Sales for Developed and Developing Regions
  • Global Mining Lubricants Market - Geographic Regions Ranked by Value CAGR for 2018-2025
  • Market Restraints for the Global Mining Lubricants Industry
  • Competitive Scenario & Key Developments
  • Mining Lubricants - Global Key Competitors Percentage Market Share in 2023 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2023 (E)
2. FOCUS ON SELECT PLAYERS
  • Bel-Ray Company, LLC (USA)
  • BP Plc. (UK)
  • Chevron Corporation (USA)
  • Exxon Mobil Corporation (USA)
  • FUCHS Petrolub SE (Germany)
  • Idemitsu Kosan Co., Ltd. (Japan)
  • Klüber Lubrication (Germany)
  • PetroChina Company Limited (China)
  • The PJSC Lukoil Oil Company (Russia)
  • Quaker Chemical Corporation (USA)
  • Royal Dutch Shell plc (The Netherlands)
  • Schaeffer Manufacturing Co. (USA)
  • Sinopec Corp. (China)
  • Total S.A. (France)
  • Whitmore Manufacturing LLC (USA)
3. MARKET TRENDS & DRIVERS
  • Increasing Demand for Mining Equipment to Catalyze Global Mining Lubricants Market
  • Industrial Equipment/Machinery Manufacturing Industry Promises Bright Prospects
  • Global Mining Equipment Market: Revenues in US$ Billion for the Years 2019, 2021, 2023 and 2025
  • Need for Continuous Maintenance of Mining Equipment Driving Growth
  • Increase in Coal-Fired Thermal Power Generation Buoys Mining Lubricants Demand
  • Iron Ore Mining: A Key Market for Mining Lubricants
  • Iron Ore Reserves
  • A Quick Review of the Steel Industry, The Leading Consumer of Iron Ore
  • Bauxite Mining: An Important End-Use Sector of Lubricants
  • Rising Demand for Quality Mining Lubricants Steering Growth
  • Mounting Pressure to Push Profits and Cut Costs Spur Demand for Mining Lubricants
  • Automatic Lubrication Records Significant Demand due to Advantages over Manual Systems
  • Advantages of Automated Lubrication over Manual Lubrication
  • Renewed Focus on Environmental Protection Triggers Demand for Bio-Based Lubricants
  • Rising Significance Drives Biodegradable Lubricants Demand
  • Increasing Investment in Mining Sector of Emerging Economies Propel the Market
  • Stringent Regulations with Profound Impact on Mining Sector
  • Important Federal Laws Governing Mining Industry
4. GLOBAL MARKET PERSPECTIVE
  • Table 1: World Recent Past, Current & Future Analysis for Mining Lubricants by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 2: World Historic Review for Mining Lubricants by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 3: World 16-Year Perspective for Mining Lubricants by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2014, 2024 & 2030
  • Table 4: World Recent Past, Current & Future Analysis for Mineral Oil & Bio-based Lubricants by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 5: World Historic Review for Mineral Oil & Bio-based Lubricants by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 6: World 16-Year Perspective for Mineral Oil & Bio-based Lubricants by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 7: World Recent Past, Current & Future Analysis for Synthetic Lubricants by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 8: World Historic Review for Synthetic Lubricants by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 9: World 16-Year Perspective for Synthetic Lubricants by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 10: World Recent Past, Current & Future Analysis for Surface Mining by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 11: World Historic Review for Surface Mining by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 12: World 16-Year Perspective for Surface Mining by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 13: World Recent Past, Current & Future Analysis for Underground Mining by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 14: World Historic Review for Underground Mining by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 15: World 16-Year Perspective for Underground Mining by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 16: World Recent Past, Current & Future Analysis for Engine by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 17: World Historic Review for Engine by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 18: World 16-Year Perspective for Engine by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 19: World Recent Past, Current & Future Analysis for Hydraulic by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 20: World Historic Review for Hydraulic by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 21: World 16-Year Perspective for Hydraulic by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 22: World Recent Past, Current & Future Analysis for Transmission by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 23: World Historic Review for Transmission by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 24: World 16-Year Perspective for Transmission by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 25: World Recent Past, Current & Future Analysis for Gear by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 26: World Historic Review for Gear by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 27: World 16-Year Perspective for Gear by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 28: World Recent Past, Current & Future Analysis for Coal Mining by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 29: World Historic Review for Coal Mining by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 30: World 16-Year Perspective for Coal Mining by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 31: World Recent Past, Current & Future Analysis for Iron Ore Mining by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 32: World Historic Review for Iron Ore Mining by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 33: World 16-Year Perspective for Iron Ore Mining by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 34: World Recent Past, Current & Future Analysis for Bauxite Mining by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 35: World Historic Review for Bauxite Mining by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 36: World 16-Year Perspective for Bauxite Mining by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 37: World Recent Past, Current & Future Analysis for Other End-Uses by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 38: World Historic Review for Other End-Uses by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 39: World 16-Year Perspective for Other End-Uses by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 40: World Mining Lubricants Market Analysis of Annual Sales in US$ Thousand for Years 2014 through 2030
III. MARKET ANALYSIS
UNITED STATES
  • Mining Lubricants Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2024 (E)
CANADA
JAPAN
  • Mining Lubricants Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2024 (E)
CHINA
  • Mining Lubricants Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2024 (E)
EUROPE
  • Mining Lubricants Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2024 (E)
GERMANY
  • Mining Lubricants Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2024 (E)
RUSSIAREST OF EUROPE
ASIA-PACIFIC
  • Mining Lubricants Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2024 (E)
AUSTRALIA
  • Mining Lubricants Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Australia for 2024 (E)
  • Uptick in Mining Investment and Exports Fuels Mining Lubricants Demand in Australia
INDIA
  • Mining Lubricants Market Presence - Strong/Active/Niche/Trivial - Key Competitors in India for 2024 (E)
  • Rising Mining Activities with Adoption of High Capacity Equipment to Ignite Mining Lubricants Demand in India
REST OF ASIA-PACIFIC
LATIN AMERICA
  • Mining Lubricants Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Latin America for 2024 (E)
BRAZILMEXICOREST OF LATIN AMERICA
MIDDLE EAST
  • Mining Lubricants Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Middle East for 2024 (E)
AFRICA
  • Mining Lubricants Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Africa for 2024 (E)
IV. COMPETITION

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • BASF SE
  • Chevron Corporation
  • BP PLC
  • China National Petroleum Corporation (CNPC)
  • CHS, Inc.
  • Calumet Specialty Products Partners LP
  • Caltex Australia Ltd.
  • Alhamrani-Fuchs Petroleum Saudi Arabia Ltd.
  • Bel-Ray Company LLC
  • Castrol India Ltd.
  • ABRO Industries, Inc.
  • BioBlend Renewable Resources, LLC
  • Clarion Lubricants
  • Advanced Lubrication Specialities
  • CITGO Lubricants

Table Information