Mining Lubricants Market by End-Use Industry (Coal Mining, Iron ORE Mining, Bauxite Mining, Rare Earth Mineral Mining, Precious Metals Mining), Type (Mineral Oil Lubricants, Synthetic Lubricants), and Region - Global Forecast to 2022

  • ID: 4225643
  • Report
  • Region: Global
  • 176 Pages
  • Markets and Markets
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Mining Lubricants Market worth 2.56 Billion USD by 2022

FEATURED COMPANIES

  • Bel-Ray Company, LLC
  • BP PLC
  • Chevron Corporation
  • Exxonmobil Corporation
  • Fuchs Petrolub SE
  • Idemitsu Kosan Co., Ltd.
  • MORE

“The global mining lubricants market is projected to grow at a CAGR of 4.5% from 2017 to 2022”

The mining lubricants market was valued at USD 1.95 billion in 2016, and is projected to reach USD 2.56 billion by 2022, at a CAGR of 4.5% from 2017 to 2022. The growth of the mining lubricants market is driven by the increasing demand from the Asia-Pacific region and growing end use industries, such as coal and iron ore mining. Moreover, the demand for high quality and high performance lubricants is expected to further fuel the growth of mining lubricants market during the forecast period. Mining-related investments are expected to decrease in the coming years in countries such as Australia and South Africa, which would eventually hamper the growth of the mining lubricants market. The mining industry in South Africa witnessed various challenges such as local cost pressures, labor unrest, and a continuing downswing in commodity prices, which has resulted in reduced profit margins. A decrease in mining-related investments in these countries would have an adverse impact on the mining lubricants market.

“Synthetic lubricants is the second-fastest growing type segment of the global mining lubricants market”

Synthetic lubricants have several advantages over conventional mineral oil lubricants and have properties, such as high performance in extreme conditions, better viscosity index, higher shear stability, and chemical resistance. Synthetic lubricants can be customized according to the requirement so that it can have a controlled molecular structure with predictable properties. The main drawback of synthetic lubricants is the high cost. Synthetic lubricants are almost four times costlier than mineral lubricants.

“Iron ore is the second largest end-use industry segment followed by bauxite mining, for global mining lubricants market during the forecast period”

The iron ore mining industry is the second large consumer of mining lubricants on large scale followed by the bauxite mining industry. Australia, China, and Brazil are the largest producers of iron ore and bauxite. The mining lubricants market for iron ore and bauxite mining is majorly driven by the growth of the mining industries of these countries.

“The Asia-Pacific was the largest market for the global mining lubricants market in 2016”

Asia-Pacific was the largest market for the mining lubricants in 2016, having accounted for a share of 43.4% (by value) and is estimated to grow at the highest CAGR during the forecast period. The high growth of the emerging economies makes Asia-Pacific an attractive market for mining lubricants. The tremendous growth of coal mining activities in China and India, are primarily responsible for the high consumption of mining lubricants.
 
Profile break-up of primary participants for the report:

  • By Company Type: Tier 1 - 35 %, Tier 2 - 30%, Tier 3 - 35%
  • By Designation: C level - 25%, Director level - 30%, Others - 45%
  • By Region: Asia-Pacific - 45%, Europe - 25%, North America - 25%, RoW - 5%

Furthermore, as a part of qualitative analysis, the research provides a comprehensive review of the major market drivers, restraints, opportunities, and challenges. It also discusses competitive strategies adopted by different market players, such as Royal Dutch Shell Plc. (Netherlands), ExxonMobil Corporation (U.S.), BP Plc. (U.K.), Chevron Corporation (U.S.), Total S.A. (France), LUKOIL (Russia), Idemitsu Kosan Co., Ltd. (Japan), Fuchs Petrolub SE (Germany), PetroChina Company Limited (China), Quaker Chemical Corporation (U.S.), Sinopec Limited (China), Bel-Ray Company, LLC (U.S.), Whitmore Manufacturing CO. (U.S.), Schaeffer Manufacturing CO. (U.S.), and Kluber Lubrication (Germany), among others.

Research Coverage

The report defines, segments, and projects the global mining lubricants market on the basis of type, end-use industry, and region. It provides detailed information regarding the major factors influencing the growth of the market, such as drivers, restraints, opportunities, and industry-specific challenges. It also strategically profiles key players and comprehensively analyzes their market share and core competencies and tracks and analyzes competitive developments such as partnerships, contracts, and joint ventures; mergers & acquisitions; expansions; new product launches; and research & development activities in the market.

Reasons to buy the report

The report will help the market leaders/new entrants in this market by providing them the closest approximations of the revenue numbers for the overall mining lubricants market and the subsegments. This report will help stakeholders to better understand the competitor landscape and gain more insights to better position their businesses and make suitable go-to-market strategies. The report also helps the stakeholders understand the pulse of the market and provides them information on key market drivers, restraints, challenges, and opportunities.

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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Bel-Ray Company, LLC
  • BP PLC
  • Chevron Corporation
  • Exxonmobil Corporation
  • Fuchs Petrolub SE
  • Idemitsu Kosan Co., Ltd.
  • MORE
1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Scope of the Study
1.3.1 Years Considered for the Study
1.4 Currency
1.5 Limitations
1.6 Stake Holders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Key Industry Insights
2.1.2.3 Breakdown of Primary Interviews
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.2 Top Down Approach
2.3 Data Triangulation
2.4 Research Assumptions and Limitations

3 Executive Summary

4 Premium Insights
4.1 Significant Opportunities in the Mining Lubricants Market
4.2 Mining Lubricants Market, By Region, 2015-2022
4.3 Asia-Pacific Mining Lubricants Market, By End-Use Industry and Country
4.4 Mining Lubricants Market Share, By Type
4.5 Mining Lubricants Market Attractiveness
4.6 Mining Lubricants Market, By End-Use Industry and Region, 2016

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.3 Drivers
5.3.1 Growth of the Mining Industry
5.3.2 Increased Demand for Better Quality Mining Lubricants
5.4 Restraints
5.4.1 Downturn in Mining-Related Investments in Australia and South Africa
5.5 Opportunities
5.5.1 Increased Investments in the Mining Industry of Emerging Economies
5.5.2 Emerging Automated Lubrication Systems
5.6 Challenges
5.6.1 Stringent Government Regulations
5.7 Porter’s Five Forces Analysis
5.7.1 Threat of New Entrants
5.7.2 Threat of Substitutes
5.7.3 Bargaining Power of Suppliers
5.7.4 Bargaining Power of Buyers
5.7.5 Intensity of Competitive Rivalry

6 Mining Lubricants Market, By Equipment Function
6.1 Introduction
6.2 Engine
6.3 Hydraulic
6.4 Transmission
6.5 Gear

7 Mining Lubricants Market, By Mining Techniques
7.1 Introduction
7.2 Surface Mining
7.3 Underground Mining

8 Mining Lubricants Market, By Type
8.1 Introduction
8.2 Mineral Oil
8.3 Synthetic Lubricants

9 Mining Lubricants Market, By End-Use Industry
9.1 Introduction
9.2 Coal Mining
9.3 Iron Ore Mining
9.4 Bauxite Mining
9.5 Rare Earth Mineral Mining
9.6 Precious Metals Mining
9.7 Others

10 Regional Analysis
10.1 Introduction
10.2 Asia-Pacific
10.2.1 China
10.2.2 India
10.2.3 Indonesia
10.2.4 Kazakhstan
10.2.5 Vietnam
10.2.6 Australia & New Zealand
10.2.7 Rest of Asia-Pacific
10.3 Europe
10.3.1 Russia
10.3.2 Germany
10.3.3 U.K.
10.3.4 Poland
10.3.5 Italy
10.3.6 France
10.3.7 Ukraine
10.3.8 Rest of Europe
10.4 North America
10.4.1 U.S.
10.4.2 Canada
10.4.3 Mexico
10.5 Middle East & Africa
10.5.1 Saudi Arabia
10.5.2 South Africa
10.5.3 Egypt
10.5.4 UAE
10.5.5 Rest of Middle East & Africa
10.6 South America
10.6.1 Brazil
10.6.2 Chile
10.6.3 Peru
10.6.4 Rest of South America

11 Competitive Landscape
11.1 Overview
11.2 Key Growth Strategies in the Mining Lubricants Market, 2012-2017
11.3 Market Ranking of Key Players
11.4 Competitive Situation and Trends
11.4.1 Expansions
11.4.2 Acquisitions
11.4.3 New Product Launches
11.4.4 Agreements

12 Company Profiles
(Business Overview, Products & Services, Key Insights, Recent Developments, SWOT Analysis, MnM View) -
12.1 Royal Dutch Shell PLC
12.2 BP PLC
12.3 Chevron Corporation
12.4 Exxonmobil Corporation
12.5 Total S.A.
12.6 Fuchs Petrolub SE
12.7 Petrochina Company Limited
12.8 Quaker Chemical Corporation
12.9 Sinopec Limited
12.10 Idemitsu Kosan Co., Ltd.
12.11 Lukoil
12.12 Bel-Ray Company, LLC
12.13 Whitmore Manufacturing Co.
12.14 Schaeffer Manufacturing Co.
12.15 Kluber Lubrication
12.16 Other Key Players in the Value Chain
  • Details on Business Overview, Products & Services, Key Insights, Recent Developments, SWOT Analysis, MnM View Might Not Be Captured in Case of Unlisted Companies.
13 Appendix
13.1 Discussion Guide
13.2 Knowledge Store
13.3 Introducing RT: Real Time Market Intelligence
13.4 Available Customizations
13.5 Related Reports
13.6 Author Details

List of Tables:
Table 1 Mining Lubricants Market Size, By Type, 2015-2022 (Kilotons)
Table 2 Mining Lubricants Market Size, By Type, 2015-2022 (USD Million)
Table 3 Mineral Oil Lubricants Segment, By Region, 2015-2022 (Kilotons)
Table 4 Mineral Oil Lubricants Segment, By Region, 2015-2022 (USD Million)
Table 5 Synthetic Lubricants Segment, By Region, 2015-2022 (Kilotons)
Table 6 Synthetic Lubricants Segment, By Region, 2015-2022 (USD Million)
Table 7 Mining Lubricants Market Size, By End-Use Industry, 2015-2022 (USD Million)
Table 8 Mining Lubricants Market Size, By End-Use Industry, 2015-2022 (Kilotons)
Table 9 Coal Mining Segment, By Region, 2015-2022 (USD Million)
Table 10 Coal Mining Segment, By Region, 2015-2022 (Kilotons)
Table 11 Iron Ore Mining Segment, By Region, 2015-2022 (USD Million)
Table 12 Iron Ore Mining Segment, By Region, 2015-2022 (Kilotons)
Table 13 Bauxite Mining Segment, By Region, 2015-2022 (USD Million)
Table 14 Bauxite Mining Segment, By Region, 2015-2022 (Kilotons)
Table 15 Rare Earth Mineral Segment, By Region, 2015-2022 (USD Million)
Table 16 Rare Earth Mineral Mining Segment, By Region, 2015-2022 (Kilotons)
Table 17 Precious Metal Mining Segment, By Region, 2015-2022 (USD Million)
Table 18 Precious Metal Mining Segment, By Region, 2015-2022 (Kilotons)
Table 19 Others Segment, By Region, 2015-2022 (USD Million)
Table 20 Mining Lubricants Market Size in Other Segment, By Region, 2015-2022 (Kilotons)
Table 21 Mining Lubricants Market Size, By Region, 2015-2022 (USD Million)
Table 22 Mining Lubricants Market Size, By Region, 2015-2022 (Kilotons)
Table 23 Asia-Pacific: Mining Lubricants Market Size, By Country, 2015-2022 (USD Million)
Table 24 Asia-Pacific: Mining Lubricants Market Size, By Country, 2015-2022 (Kilotons)
Table 25 Asia-Pacific: Mining Lubricants Market Size, By Type, 2015-2022 (USD Million)
Table 26 Asia-Pacific: Mining Lubricants Market Size, By Type, 2015-2022 (Kilotons)
Table 27 Asia-Pacific: Mining Lubricants Market Size, By End-Use Industry, 2015-2022 (USD Million)
Table 28 Asia-Pacific: Mining Lubricants Market Size, By End-Use Industry, 2015-2022 (Kilotons)
Table 29 China: Mining Lubricants Market Size, By End-Use Industry, 2015-2022 (USD Million)
Table 30 China: Mining Lubricants Market Size, By End-Use Industry, 2015-2022 (Kilotons)
Table 31 China: Mining Lubricants Market Size, By Type, 2015-2022 (USD Million)
Table 32 China: Mining Lubricants Market Size, By Type, 2015-2022 (Kilotons)
Table 33 India: Mining Lubricants Market Size, By End-Use Industry, 2015-2022 (USD Million)
Table 34 India: Mining Lubricants Market Size, By End-Use Industry, 2015-2022 (Kilotons)
Table 35 India: Mining Lubricants Market Size, By Type, 2015-2022 (USD Million)
Table 36 India: Mining Lubricants Market Size, By Type, 2015-2022 (Kilotons)
Table 37 Indonesia: Mining Lubricants Market Size, By End-Use Industry, 2015-2022 (USD Million)
Table 38 Indonesia: Mining Lubricants Market Size, By End-Use Industry, 2015-2022 (Kilotons)
Table 39 Indonesia: Mining Lubricants Market Size, By Type, 2015-2022 (USD Million)
Table 40 Indonesia: Mining Lubricants Market Size, By Type, 2015-2022 (Kilotons)
Table 41 Kazakhstan: Mining Lubricants Market Size, By End-Use Industry, 2015-2022 (USD Million)
Table 42 Kazakhstan: Mining Lubricants Market Size, By End-Use Industry, 2015-2022 (Kilotons)
Table 43 Kazakhstan: Mining Lubricants Market Size, By Type, 2015-2022 (USD Million)
Table 44 Kazakhstan: Mining Lubricants Market Size, By Type, 2015-2022 (Kilotons)
Table 45 Vietnam: Mining Lubricants Market Size, By End-Use Industry, 2015-2022 (USD Million)
Table 46 Vietnam: Mining Lubricants Market Size, By End-Use Industry, 2015-2022 (Kilotons)
Table 47 Vietnam: Mining Lubricants Market Size, By Type, 2015-2022 (USD Million)
Table 48 Vietnam: Mining Lubricants Market Size, By Type, 2015-2022 (Kilotons)
Table 49 Australia & New Zealand: Mining Lubricants Market Size, By End-Use Industry, 2015-2022 (USD Million)
Table 50 Australia & New Zealand: Mining Lubricants Market Size, By End-Use Industry, 2015-2022 (Kilotons)
Table 51 Australia & New Zealand: Mining Lubricants Market Size, By Type, 2015-2022 (USD Million)
Table 52 Australia & New Zealand: Mining Lubricants Market Size, By Type, 2015-2022 (Kilotons)
Table 53 Rest of Asia-Pacific: Mining Lubricants Market Size, By End-Use Industry, 2015-2022 (USD Million)
Table 54 Rest of Asia-Pacific: Mining Lubricants Market Size, By End-Use Industry, 2015-2022 (Kilotons)
Table 55 Rest of Asia-Pacific: Mining Lubricants Market Size, By Type, 2015-2022 (USD Million)
Table 56 Rest of Asia-Pacific: Mining Lubricants Market Size, By Type, 2015-2022 (Kilotons)
Table 57 Europe: Mining Lubricants Market Size, By Country, 2015-2022 (USD Million)
Table 58 Europe: Mining Lubricants Market Size, By Country, 2015-2022 (Kilotons)
Table 59 Europe: Mining Lubricants Market Size, By Type, 2015-2022 (USD Million)
Table 60 Europe: Mining Lubricants Market Size, By Type, 2015-2022 (Kilotons)
Table 61 Europe: Mining Lubricants Market Size, By End-Use Industry, 2015-2022 (USD Million)
Table 62 Europe: Mining Lubricants Market Size, By End-Use Industry, 2015-2022 (Kilotons)
Table 63 Russia: Mining Lubricants Market Size, By End-Use Industry, 2015-2022 (USD Million)
Table 64 Russia: Mining Lubricants Market Size, By End-Use Industry, 2015-2022 (Kilotons)
Table 65 Russia: Mining Lubricants Market Size, By Type, 2015-2022 (USD Million)
Table 66 Russia: Mining Lubricants Market Size, By Type, 2015-2022 (Kilotons)
Table 67 Germany: Mining Lubricants Market Size, By End-Use Industry, 2015-2022 (USD Million)
Table 68 Germany: Mining Lubricants Market Size, By End-Use Industry, 2015-2022 (Kilotons)
Table 69 Germany: Mining Lubricants Market Size, By Type, 2015-2022 (USD Million)
Table 70 Germany: Mining Lubricants Market Size, By Type, 2015-2022 (Kilotons)
Table 71 U.K.: Mining Lubricants Market Size, By End-Use Industry, 2015-2022 (USD Million)
Table 72 U.K.: Mining Lubricants Market Size, By End-Use Industry, 2015-2022 (Kilotons)
Table 73 U.K.: Mining Lubricants Market Size, By Type, 2015-2022 (USD Million)
Table 74 U.K.: Mining Lubricants Market Size, By Type, 2015-2022 (Kilotons)
Table 75 Poland: Mining Lubricants Market Size, By End-Use Industry, 2015-2022 (USD Million)
Table 76 Poland: Mining Lubricants Market Size, By End-Use Industry, 2015-2022 (Kilotons)
Table 77 Poland: Mining Lubricants Market Size, By Type, 2015-2022 (USD Million)
Table 78 Poland: Mining Lubricants Market Size, By Type, 2015-2022 (Kilotons)
Table 79 Italy: Mining Lubricants Market Size, By End-Use Industry, 2015-2022 (USD Million)
Table 80 Italy: Mining Lubricants Market Size, By End-Use Industry, 2015-2022 (Kilotons)
Table 81 Italy: Mining Lubricants Market Size, By Type, 2015-2022 (USD Million)
Table 82 Italy: Mining Lubricants Market Size, By Type, 2015-2022 (Kilotons)
Table 83 France: Mining Lubricants Market Size, By End-Use Industry, 2015-2022 (USD Million)
Table 84 France: Mining Lubricants Market Size, By End-Use Industry, 2015-2022 (Kilotons)
Table 85 France: Mining Lubricants Market Size, By Type, 2015-2022 (USD Million)
Table 86 France: Mining Lubricants Market Size, By Type, 2015-2022 (Kilotons)
Table 87 Ukraine: Mining Lubricants Market Size, By End-Use Industry, 2015-2022 (USD Million)
Table 88 Ukraine: Mining Lubricants Market Size, By End-Use Industry, 2015-2022 (Kilotons)
Table 89 Ukraine: Mining Lubricants Market Size, By Type, 2015-2022 (USD Million)
Table 90 Ukraine: Mining Lubricants Market Size, By Type, 2015-2022 (Kilotons)
Table 91 Rest of Europe: Mining Lubricants Market Size, By End-Use Industry, 2015-2022 (USD Million)
Table 92 Rest of Europe: Mining Lubricants Market Size, By End-Use Industry, 2015-2022 (Kilotons)
Table 93 Rest of Europe: Mining Lubricants Market Size, By Type, 2015-2022 (USD Million)
Table 94 Rest of Europe: Mining Lubricants Market Size, By Type, 2015-2022 (Kilotons)
Table 95 North America: Mining Lubricants Market Size, By Country, 2015-2022 (USD Million)
Table 96 North America: Mining Lubricants Market Size, By Country, 2015-2022 (Kilotons)
Table 97 North America: Mining Lubricants Market Size, By Type, 2015-2022 (USD Million)
Table 98 North America: Mining Lubricants Market Size, By Type, 2015-2022 (Kilotons)
Table 99 North America: Mining Lubricants Market Size, By End-Use Industry, 2015-2022 (USD Million)
Table 100 North America: Mining Lubricants Market Size, By End-Use Industry, 2015-2022 (Kiloton)
Table 101 U.S.: Mining Lubricants Market Size, By End-Use Industry, 2015-2022 (USD Million)
Table 102 U.S.: Mining Lubricants Market Size, By End-Use Industry, 2015-2022 (Kiloton)
Table 103 U.S.: Mining Lubricants Market Size, By Type, 2015-2022 (USD Million)
Table 104 U.S.: Mining Lubricants Market Size, By Type, 2015-2022 (Kilotons)
Table 105 Canada: Mining Lubricants Market Size, By End-Use Industry, 2015-2022 (USD Million)
Table 106 Canada: Mining Lubricants Market Size, By End-Use Industry, 2015-2022 (Kilotons)
Table 107 Canada: Mining Lubricants Market Size, By Type, 2015-2022 (USD Million)
Table 108 Canada: Mining Lubricants Market Size, By Type, 2015-2022 (Kiloton)
Table 109 Mexico: Mining Lubricants Market Size, By End-Use Industry, 2015-2022 (USD Million)
Table 110 Mexico: Mining Lubricants Market Size, By End-Use Industry, 2015-2022 (Kilotons)
Table 111 Mexico: Mining Lubricants Market Size, By Type, 2015-2022 (USD Million)
Table 112 Mexico: Mining Lubricants Market Size, By Type, 2015-2022 (Kilotons)
Table 113 Middle East & Africa: Mining Lubricants Market Size, By Country, 2015-2022 (USD Million)
Table 114 Middle East & Africa: Mining Lubricants Market Size, By Country, 2015-2022 (Kilotons)
Table 115 Middle East & Africa: Mining Lubricants Market Size, By Type, 2015-2022 (USD Million)
Table 116 Middle East & Africa: Mining Lubricants Market Size, By Type, 2015-2022 (Kilotons)
Table 117 Middle East & Africa: Mining Lubricants Market Size, By End-Use Industry, 2015-2022 (USD Million)
Table 118 Middle East & Africa: Mining Lubricants Market Size, By End-Use Industry, 2015-2022 (Kilotons)
Table 119 Saudi Arabia: Mining Lubricants Market Size, By End-Use Industry, 2015-2022 (USD Million)
Table 120 Saudi Arabia: Mining Lubricants Market Size, By End-Use Industry, 2015-2022 (Kilotons)
Table 121 Saudi Arabia: Mining Lubricants Market Size, By Type, 2015-2022 (USD Million)
Table 122 Saudi Arabia: Mining Lubricants Market Size, By Type, 2015-2022 (Kilotons)
Table 123 South Africa: Mining Lubricants Market Size, By End-Use Industry, 2015-2022 (USD Million)
Table 124 South Africa: Mining Lubricants Market Size, By End-Use Industry, 2015-2022 (Kilotons)
Table 125 South Africa: Mining Lubricants Market Size, By Type, 2015-2022 (USD Million)
Table 126 South Africa: Mining Lubricants Market Size, By Type, 2015-2022 (Kilotons)
Table 127 Egypt: Mining Lubricants Market Size, By End-Use Industry, 2015-2022 (USD Million)
Table 128 Egypt: Mining Lubricants Market Size, By End-Use Industry, 2015-2022 (Kilotons)
Table 129 Egypt: Mining Lubricants Market Size, By Type, 2015-2022 (USD Million)
Table 130 Egypt: Mining Lubricants Market Size, By Type, 2015-2022 (Kilotons)
Table 131 UAE: Mining Lubricants Market Size, By End-Use Industry, 2015-2022 (USD Million)
Table 132 UAE: Mining Lubricants Market Size, By End-Use Industry, 2015-2022 (Kilotons)
Table 133 UAE: Mining Lubricants Market Size, By Type, 2015-2022 (USD Million)
Table 134 UAE: Mining Lubricants Market Size, By Type, 2015-2022 (Kilotons)
Table 135 Rest of Middle East & Africa: Mining Lubricants Market Size, By End-Use Industry, 2015-2022 (USD Million)
Table 136 Rest of Middle East & Africa: Mining Lubricants Market Size, By End-Use Industry, 2015-2022 (Kilotons)
Table 137 Rest of Middle East & Africa: Mining Lubricants Market Size, By Type, 2015-2022 (USD Million)
Table 138 Rest of Middle East & Africa: Mining Lubricants Market Size, By Type, 2015-2022 (Kilotons)
Table 139 South America: Mining Lubricants Market Size, By Country, 2015-2022 (USD Million)
Table 140 South America: Mining Lubricants Market Size, By Country, 2015-2022 (Kilotons)
Table 141 South America: Mining Lubricants Market Size, By Type, 2015-2022 (USD Million)
Table 142 South America: Mining Lubricants Market Size, By Type, 2015-2022 (Kilotons)
Table 143 South America: Mining Lubricants Market Size, By End-Use Industry, 2015-2022 (USD Million)
Table 144 South America: Mining Lubricants Market Size, By End-Use Industry, 2015-2022 (Kilotons)
Table 145 Brazil: Mining Lubricants Market Size, By End-Use Industry, 2015-2022 (USD Million)
Table 146 Brazil: Mining Lubricants Market Size, By End-Use Industry, 2015-2022 (Kilotons)
Table 147 Brazil: Mining Lubricants Market Size, By Type, 2015-2022 (USD Million)
Table 148 Brazil: Mining Lubricants Market Size, By Type, 2015-2022 (Kilotons)
Table 149 Chile: Mining Lubricants Market Size, By End-Use Industry, 2015-2022 (USD Million)
Table 150 Chile: Mining Lubricants Market Size, By End-Use Industry, 2015-2022 (Kilotons)
Table 151 Chile: Mining Lubricants Market Size, By Type, 2015-2022 (USD Million)
Table 152 Chile: Mining Lubricants Market Size, By Type, 2015-2022 (Kilotons)
Table 153 Peru: Mining Lubricants Market Size, By End-Use Industry, 2015-2022 (USD Million)
Table 154 Peru: Mining Lubricants Market Size, By End-Use Industry, 2015-2022 (Kilotons)
Table 155 Peru: Mining Lubricants Market Size, By Type, 2015-2022 (USD Million)
Table 156 Peru: Mining Lubricants Market Size, By Type, 2015-2022 (Kilotons)
Table 157 Rest of South America: Mining Lubricants Market Size, By End-Use Industry, 2015-2022 (USD Million)
Table 158 Rest of South America: Mining Lubricants Market Size, By End-Use Industry, 2015-2022 (Kilotons)
Table 159 Rest of South America: Mining Lubricants Market Size, By Type, 2015-2022 (USD Million)
Table 160 Rest of South America: Mining Lubricants Market Size, By Type, 2015-2022 (Kilotons)
Table 161 Expansions, 2012-2016
Table 162 Acquisitions, 2013-2017
Table 163 New Product Launches, 2012-2016
Table 164 Agreements, 2013-2016
Table 165 Others, 2013-2014

List of Figures:
Figure 1 Mining Lubricants: Market Segmentation
Figure 2 Research Design
Figure 3 Market Size Estimation: Bottom-Up Approach
Figure 4 Market Size Estimation: Top-Down Approach
Figure 5 Mining Lubricants Market: Data Triangulation
Figure 6 The Coal Mining Segment Led the Mining Lubricants Market in 2017
Figure 7 Mineral Oil Lubricants is Projected to Be the Fastest-Growing Segment of the Mining Lubricants Market During Forecast Period
Figure 8 Asia-Pacific to Be the Fastest-Growing Market of Mining Lubricants Between 2017 and 2022
Figure 9 Moderate Growth in the Mining Lubricants Market Between 2017 and 2022
Figure 10 Mining Lubricants Market in Asia-Pacific is Projected to Grow at the Highest CAGR During the Forecast Period
Figure 11 China Accounted for the Largest Market Share in the Asia-Pacific Mining Lubricants Market in 2016
Figure 12 The Mineral Oil Lubricants Segment Led the Mining Lubricants Market in 2017
Figure 13 Asia-Pacific is Projected to Be the Fastest-Growing Market for Mining Lubricants During the Forecast Period
Figure 14 Coal Mining Was the Largest Segment of Mining Lubricants Market in 2016
Figure 15 Mining Lubricants Market Dynamics
Figure 16 Porter’s Five Forces Analysis
Figure 17 Difference Between Surface Mining and Underground Mining
Figure 18 The Mineral Oil Lubricants Segment is Expected to Lead the Mining Lubricants Market in 2017
Figure 19 The Mineral Oil Lubricants Segment in the Asia-Pacific Mining Lubricants Market is Projected to Grow at the Highest CAGR During the Forecast Period
Figure 20 The Synthetic Segment is Projected to Lead the Asia-Pacific Mining Lubricants Market in 2017
Figure 21 The Coal Mining Segment Expected to Lead the Mining Lubricants Market During the Forecast Period
Figure 22 The Coal Mining Segment in the Asia-Pacific Mining Lubricants Market
Figure 23 The Iron Ore Mining Segment in the Asia-Pacific Mining Lubricants Market is Projected to Grow at the Highest CAGR During the Forecast Period
Figure 24 The Mining Lubricants Market in Asia-Pacific for Bauxite Mining is Expected to Grow at A Significant Pace During the Forecast Period
Figure 25 Middle East and Africa is Projected to Be the Largest Market for Mining Lubricants for Rare Earth Mineral Mining During the Forecast Period
Figure 26 Asia-Pacific is Expected to Be the Largest Market for Mining Lubricants for Precious Metals During the Forecast Period
Figure 27 Asia-Pacific is Anticipated to Be the Fastest-Growing Market for Mining Lubricants for Others Between 2017 and 2022
Figure 28 China & India are the Emerging Markets for Mining Lubricants
Figure 29 Asia-Pacific Mining Lubricants Market Snapshot
Figure 30 Europe Market Snapshot: Russia Dominates the Mining Lubricants Market in Europe
Figure 31 North America Mining Lubricants Market Snapshot
Figure 32 Middle East & Africa Mining Lubricants Market Snapshot
Figure 33 South America Mining Lubricants Market Snapshot
Figure 34 Expansion is the Most Preferred Growth Strategy Adopted By Major Players Between 2012 and 2017
Figure 35 Market Ranking for Top 5 Players
Figure 36 Royal Dutch Shell PLC: Company Snapshot
Figure 37 Royal Dutch Shell PLC: SWOT Analysis
Figure 38 BP PLC: Company Snapshot
Figure 39 BP PLC: SWOT Analysis
Figure 40 Chevron Corporation: Company Snapshot
Figure 41 Chevron Corporation: SWOT Analysis
Figure 42 Exxonmobil Corporation: Company Snapshot
Figure 43 Exxonmobil Corporation: SWOT Analysis
Figure 44 Total S.A.: Company Snapshot
Figure 45 Total S.A.: SWOT Analysis
Figure 46 Fuchs Petrolub SE: Company Snapshot
Figure 47 Petrochina Company Limited: Company Snapshot
Figure 48 Quaker Chemical Corporation: Company Snapshot
Figure 49 Sinopec Limited: Company Snapshot
Figure 50 Idemitsu Kosan Co., Ltd.: Company Snapshot
Figure 51 Lukoil: Company Snapshot
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Bel-Ray Company, LLC
  • BP PLC
  • Chevron Corporation
  • Exxonmobil Corporation
  • Fuchs Petrolub SE
  • Idemitsu Kosan Co., Ltd.
  • MORE

The mining lubricants market was valued at USD 1.95 Billion in 2016, and is projected to reach USD 2.56 Billion by 2022, at a CAGR of 4.5% from 2017 to 2022. The growth of the mining lubricants market is driven by the increasing demand from the Asia-Pacific region and growing end use industries such as coal and iron ore mining. The mining industry in Asia-Pacific and the Middle East is growing rapidly, which in turn is fueling the growth of mining lubricants market. Moreover, the demand of high quality and high performance lubricants is expected to further propel the mining lubricants market during the forecast period. The rising trend towards usage of automated lubricants system offers a lucrative opportunity for manufacturers to attract more customers.

The mineral oil segment led the mining lubricants market, in 2016. Low price of mineral oil lubricants is expected to drive the market for this segment during the forecast period. Asia-Pacific is the largest market for mineral oil. The growth of this segment in Asia-Pacific is attributed to the increased consumption of mineral oil in the coal mining industry in emerging countries such as India and China.

The coal mining segment led the global mining lubricants market in 2016, due to the high consumption of heavy load equipment in the coal mining industry. The coal mining industry accounted for the largest share of 56.3%, in terms of value, of the overall mining lubricants market in 2016. The coal mining segment is driven by the improved quality high performance lubricants, which offer high viscosity index, better corrosion prevention, and high resistance to oxidation.

Asia-Pacific was the largest market of mining lubricants in 2016, and is estimated to grow at the highest CAGR during the forecast period. The high growth of the emerging economies make Asia-Pacific an attractive market for mining lubricant. The tremendous growth of coal mining activities in China and India, are primarily responsible for the high consumption of mining lubricants.

Mining-related investments are expected to decrease in the coming years in countries such as Australia and South Africa, which would eventually hamper the growth of the mining lubricants market. According to National Australia Bank, mining-related investments in the country are expected to decline around 70% from 2017 to 2020. The mining industry in South Africa witnessed various challenges such as local cost pressures, labor unrest, and a continuing downswing in commodity prices, which has resulted in reduced profit margins. A decrease in mining-related investments in these countries would have an adverse impact on the mining lubricants market. Key players operating in the mining lubricants market are Royal Dutch Shell Plc. (Netherlands), ExxonMobil Corporation (U.S.), BP Plc. (U.K.), Chevron Corporation (U.S.), LUKOIL (Russia), Idemitsu Kosan Co., Ltd. (Japan), and Total S.A. (France), among others, have adopted various strategies to increase their market shares. Expansions, acquisitions, and new product launches are some of the key strategies adopted by market players to achieve growth in the mining lubricants market.

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  • BP PLC
  • Bel-Ray Company, LLC
  • Chevron Corporation
  • Exxonmobil Corporation
  • Fuchs Petrolub SE
  • Idemitsu Kosan Co., Ltd.
  • Kluber Lubrication
  • Lukoil
  • Petrochina Company Limited
  • Quaker Chemical Corporation
  • Royal Dutch Shell PLC
  • Schaeffer Manufacturing Co.
  • Sinopec Limited
  • Total S.A.
  • Whitmore Manufacturing Co.
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