Title: Mining Lubricants Market
1Global Mining Lubricants Market Industry Trends
and Forecast to 2026
Global Mining Lubricants Market By Equipment
Function (Engine, Hydraulic, Transmission, Gear),
Mining Techniques (Surface Mining, Underground
Mining), Type (Mineral Oil, Synthetic
Lubricants), End-Use Industry (Coal Mining, Iron
Ore Mining, Bauxite Mining, Rare Earth Mineral
Mining, Precious Metals Mining, Others),
Geography (North America, Europe, Asia-Pacific,
Europe, South America, Middle East and Africa)
Industry Trends and Forecast to 2026
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2Report Description
Global mining lubricants market is registering a
substantial CAGR of 5.10 in the forecast period
of 2019-2026. Mining lubricants also play an
effective role as underground mining in each
layer as it directly affects the procedure.
Decent mining lubricants of quality will improve
the life of the machine and further reduce
servicing rates. This can be used in coal mining,
mining of minerals, rare earth mining, mining of
precious metals and mining of bauxite. It has
capacity to reduce heat, friction and wear as
applied between solid surfaces or machines.
3Major Key Players
- Some of the major players operating in this
market are - BP p.l.c.
- Chevron Corporation
- Exxon Mobil Corporation
- Total Oil Asia-Pacific Pte Limited
- FUCHS
- Petrochina Company Limited
- Quaker Chemical Corporation
- China Petrochemical Corporation
- Idemitsu Kosan Co.,Ltd.
- LUKOIL
- Calumet Specialty Products Partners, L.P.
- Whitmore
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4Market Segmentation
- By Equipment Function (Engine, Hydraulic,
Transmission, Gear) - By Mining Techniques (Surface Mining, Underground
Mining) -
- By Type (Mineral Oil, Synthetic Lubricants)
- By End-Use Industry (Coal Mining, Iron Ore
Mining, Bauxite Mining, Rare Earth Mineral
Mining, Precious Metals Mining, Others)
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5Regional Analysis
- Based on geography, the market is segmented into
five geographical regions - North America
- Europe
- Asia-Pacific
- South America
- Middle East
- Africa
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