FMI’s Detailed Report on Dental Imaging Equipment Market Offers Projections of Potential Impact of Corona Virus Outbreak

1
Sales of Mining Lubricant Market to Follow a
Downward Trend Post 2030, with Continued Impact
of COVID-19 Outbreak, Concludes a New FMI Study

• July 2020

Report Id REP-GB-6505 Published on
22-June-2020 Category Chemicals and Materials
2
AboutFuture Market Insights
Future Market Insights (FMI) is a premier
provider of syndicated research reports, custom
research reports, and consulting services. We
deliver a complete packaged solution, which
combines current market intelligence, statistical
anecdotes, technology inputs, valuable growth
insights, aerial view of the competitive
framework, and future market trends. We provide
research services at a global as well as regional
level key regions include GCC, ASEAN,
and BRIC. Our offerings cover a broad spectrum of
industries including Chemicals, Materials,
Energy, Technology, Healthcare, and Retail. We
have a global presence with delivery centers
across India specializing in providing global
research reports and country research reports.
FMI is headquartered out of London, U.K., with a
state-of-the-art delivery center located in Pune,
India. We combine our knowledge and learning from
every corner of the world to distill it to one
thing the perfect solution for our client.
Research Capabilities
Sector Coverage

• Customized Research
• Syndicated Research
• Investment Research
• Social Media Research

• Automotive and Transportation
• Electronics, Semiconductor, and ICT
• Retail and Consumer Products
• Industrial Automation and Equipment

• Chemicals Materials
• Food and Beverages
• Services and Utilities
• Energy, Mining, Oil, and Gas

Subscription Information


For detailed subscription information please
contact Hari. T (Sr. Manager - Global Business
Development) T 44 (0) 20 7692 8790 D 44
20 3287 4268 Email hari.t_at_futuremarketinsights.co
m
3
Research Methodology (1/2)

• Systematic Research Approach

In-depth secondary research is used to ascertain overall market size, top industry players, top products, industry associations, etc.
FMI formulates a detailed discussion guide to conduct expert and industry interviews
FMI develops a list of industry players (manufacturers), distributors, retailers and industry experts
FMI conducts interviews with industry experts, industry players, distributors and retailers
Data is validated by triangulation method, wherein secondary, primary and FMI analysis contribute to the final data
Data is scrutinized using MS-Excel to obtain qualitative and quantitative insights about the industry
FMI delivers industry insights and information in the required format (PDF)

• Identifying key opinion leaders
• Questionnaire design
• In-depth interviews
• Coverage across value chain

• Key industry experts
• Channel study
• Developments
• Market dynamics
• Products
• Conclusions

SOLUTION

• Market participants
• Key strengths
• Product portfolio
• Mapping as per value chain
• Key focus segments

Primary Research
Secondary Research
Paid Publications

• Linkedin
• Zoominfo
• Salesforce
• Avention

• Factiva
• GBI
• Genios
• Meltwater

• Company websites
• Company annual reports
• White papers
• Financial reports

includes sources of databases
4
Mining Lubricants Market Analysis
Future Market Insight's recent study on the
global mining lubricants market predicts a CAGR
of 3.3 across the forecast period 2020-2030.
This growth is primarily being driven by
burgeoning investments in the Asia-Pacific
region, particularly in the coal and iron-ore
markets. As mining operations have compounded in
recent years, the demand for sophisticated and
heavy mining equipment have also surged.
Equipment such as rock drills and hydraulic
shovels require high maintenance due to their
extensive usage which leads to wear and tear.
Therefore, to increase their working lives,
mining lubricants have become an important area
of investment for major companies. However, the
recent coronavirus pandemic has induced a great
deal of sluggishness in the mining industry.
Since the pandemic's onset, mining operations
have ceased in favor of mandatory social
distancing measures imposed due to nationwide
lockdowns. Since early March, the metals and
mining industry's average share prices declined
by 10, while industrial production losses
amounted to 20. Such downturns have led to a
fall in the mining lubricants market shares.
5
Mining Lubricants Market Analysis

• Fortunately, leading mining lubricant
  manufacturers have been building up their
  inventories which is allowing them to offset
  negative economies of scale by liquidating the
  surplus stock and converting them into cash
  reserves. This trend is expected to keep the
  mining lubricants market afloat throughout the
  pandemic's duration.
• Download a Sample Report with Table of Contents
  and Figures https//www.futuremarketinsights.com/
  reports/sample/rep-gb-6505
• "The global mining lubricants market is actively
  pursuing opportunities in the lubricants space,
  enabling vendors to overcome challenges in the
  near future. As government regulations over the
  nature of lubricants become stricter, market
  players are developing more sustainable and
  environmental-friendly alternatives, generating
  an entirely new ecosystem to flourish," concludes
  an FMI analyst.
• Key Takeaways from the Mining Lubricants Market
  Study
• The global mining lubricants markets shall be
  valued at nearly US 3 Bn by 2030.
• Water-based lubricant additives shall surpass
  conventional variants, owing to the need for
  ensuring environmental sustainability.

6
Mining Lubricants Market Analysis

• Coal mining shall account for more than half of
  the mining lubricants market share throughout the
  forecast period.
• Bio-based lubricants are acquiring immense
  traction over synthetic lubricants, being touted
  as a permanent long-term solution.
• Open-pit mining expected to find immense
  application of mining lubricants due to the high
  volume of machinery usage.
• Asia-Pacific is anticipated to garner firm
  footing in the mining lubricants market due to
  the high number of mining operations.
• Mining Lubricants Market- Key Trends
• High savings potential is increasing the usage of
  mining lubricants. For instance, proper
  utilization of lubricants enables the North
  American mining industry to save up to US 30
  million every year.
• Alternative lubricants derived from renewable
  natural resources are being explored on a larger
  scale, due to rising concerns about environmental
  sustainability.
• Iron-ore mining has acquired major traction due
  to the rising demand for steel across various
  industries. As a result, the application of
  mining lubricants in this sector is proliferation
  on a large scale.

7
Mining Lubricants Market Analysis

• Mining Lubricants Market- Region-wise Analysis
• Mushrooming industrial and infrastructural
  operations in the Asia-Pacific region has
  increased demand for raw materials and
  consequently mining operations. Thus, uptake of
  mining lubricants is high in this region.
• Europe and North America were the market hegemons
  across the historical period, accounting for
  nearly 30 of the global mining lubricants
  market.
• At present, Europe accounts for a minor share in
  the production of mining lubricants. It does,
  however, consist of a diversified mineral
  portfolio, with Germany being the largest
  supplier of mining equipment.
• Coal mining lubricants constitute the maximum
  share across the BRICS nations.
• Our advisory services are aimed at helping you
  with specific, customized insights that are
  relevant to your specific challenges. Let us know
  about your challenges and our trusted advisors
  will connect with you https//www.futuremarketins
  ights.com/customization-available/rep-gb-6505

8
Mining Lubricants Market Analysis
Mining Lubricants Market- Competitive
Landscape The mining lubricants industry is
moderately fragmented, comprising of the
following market players Chevron Corporation,
Total S.A, Schaeffer Manufacturing Co., Kluber
Lubrication and Exxon Mobil Corporation.
Technological advancements in lubricant
applications is stimulating mining lubricant
market players to ascend the value-chain
ladder. The abovementioned players are working
in conjunction with major mining companies to
help them strategize and upgrade their lubricant
management processes and save costs.
Additionally, they are expanding their
operational capabilities to leverage regional
market dynamics. For instance, in 2019, Exxon
Mobil expanded its Singapore refinery for better
upgradation of Group II lubricants stock and
remain competitive in the market. Also, Shell
dispatched its technical experts to Zhenzhua
Zhungeer coal mine in China to audit six BE395
shovels and replaced faulty injectors with the
appropriate lubrication technology in compliance
with original equipment manufacturing
recommendations.
9
Mining Lubricants Market Analysis

• Mining Lubricants Market Taxonomy
• Product Type
• Oils
• Greases
• Source
• Synthetic
• Bio-based
• Application
• Coal Mining
• Iron Ore Mining
• Bauxite Mining
• Precious Metal Rare Earth Mineral Mining
• Industrial Minerals Mining
• Others

10
Mining Lubricants Market Analysis

• Region Country
• North America
• U.S
• Canada
• Latin America
• Mexico
• Brazil
• Peru
• Others
• Europe
• EU-5
• Nordic countries
• BENELUX
• Poland
• Russia

11
Mining Lubricants Market Analysis

• East Asia
• China
• Japan
• South Asia
• India
• ASEAN
• Oceania
• Australia
• New Zealand
• Middle East Africa
• GCC
• Southern Africa
• North Africa

12
Mining Lubricants Market Analysis

• More Insights on the Mining Lubricants Market
• Future Market Insights has published a market
  research report on the Mining lubricants market
  that contains global industry analysis for
  20152019 and opportunity assessment for
  20202030. The report provides insightful
  analysis of the Mining lubricants market through
  four different segments- product type, source,
  application, and region. The Mining lubricants
  market report also provides demand trends of
  different types across industry verticals, a
  comprehensive list of service providers in the
  market, various projects around the world, along
  with a detailed overview of the parent market.
• Explore Extensive Coverage of FMI's Chemicals
  Materials Reports
• Pharmaceutical Solvents Market
• Silanes Market
• Magnesium Hydroxide Market
• About Future Market Insights (FMI)
• Future Market Insights (FMI) is a leading
  provider of market intelligence and consulting
  services, serving clients in over 150 countries.
  FMI is headquartered in London, the global
  financial capital, and has delivery centers in
  the U.S. and India.

13
Mining Lubricants Market Analysis
FMI's latest market research reports and industry
analysis help businesses navigate challenges and
take critical decisions with confidence and
clarity amidst breakneck competition. Our
customized and syndicated market research reports
deliver actionable insights that drive
sustainable growth. A team of expert-led analysts
at FMI continuously track emerging trends and
events in a broad range of industries to ensure
that our clients prepare for the evolving needs
of their consumers. Contact Us Mr. Abhishek
BudholiyaUnit No AU-01-H Gold Tower (AU), Plot
No JLT-PH1-I3A, Jumeirah Lakes Towers, Dubai,
United Arab Emirates MARKET ACCESS DMCC
Initiative For Sales Enquiries sales_at_futuremarke
tinsights.com For Media Enquiries press_at_futurema
rketinsights.com
For more insights on the Mining Lubricants
Market,you can request a report sample with full
TOC
14
To know more about us, please visit our website
www.futuremarketinsights.com For sales queries
or new topics email us on sales_at_futuremarketinsi
ghts.com For media queries, contact the press
office at press_at_futuremarketinsights.com For
other queries contactHari. T (Sr. Manager -
Global Business Development) Future Market
Insights 3rd Floor,207 Regent Street, London
W1B 3HH T 44 20 7692 8790 D 44 20 3287
4268 Email hari.t_at_futuremarketinsights.com
Thank You
Future Market Insights Global Consulting
Private Limited (FMI)