Asia Pacific Mining Lubricants Market Size & Outlook
Asia Pacific mining lubricants market, 2018-2030 (US$M)
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Asia Pacific mining lubricants market highlights
- The Asia Pacific mining lubricants market generated a revenue of USD 2,797.7 million in 2021.
- The market is expected to grow at a CAGR of 4.7% from 2022 to 2030.
- In terms of segment, synthetic mining lubricants was the largest revenue generating product in 2021.
- Bio-Based Mining Lubricants is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2022 to 2030.
Asia Pacific data book summary
| Market revenue in 2021 | USD 2,797.7 million |
| Market revenue in 2030 | USD 4,239.6 million |
| Growth rate | 4.7% (CAGR from 2021 to 2030) |
| Largest segment | Synthetic mining lubricants |
| Fastest growing segment | Bio-Based Mining Lubricants |
| Historical data covered | 2018 - 2020 |
| Base year for estimation | 2021 |
| Forecast period covered | 2022 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Mineral Oil Mining Lubricants, Synthetic Mining Lubricants, Bio-Based Mining Lubricants |
| Key market players worldwide | Exxon Mobil Corp, Shell PLC, Quaker Houghton, Basf SE, Sinopec Oilfield Service Corp Class H, BP PLC, Fuchs SE ADR (Representing Pref. Shares), TotalEnergies SE, Freudenberg |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 43.7% of the global mining lubricants market in 2021.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 4,239.6 million by 2030.
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Mining Lubricants Market Scope
Mining Lubricants Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Asia Pacific mining lubricants market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to mining lubricants market will help companies and investors design strategic landscapes.
Synthetic mining lubricants was the largest segment with a revenue share of 54.51% in 2021. Horizon Databook has segmented the Asia Pacific mining lubricants market based on mineral oil mining lubricants, synthetic mining lubricants, bio-based mining lubricants covering the revenue growth of each sub-segment from 2018 to 2030.
- Asia Pacific Mining Lubricants Product Outlook (Revenue, USD Million, 2018-2030)
- Mineral Oil Mining Lubricants
- Synthetic Mining Lubricants
- Bio-Based Mining Lubricants
- Asia Pacific Mining Lubricants Application Outlook (Revenue, USD Million, 2018-2030)
- Coal Mining
- Iron Ore Mining
- Bauxite Mining
- Rare Earth Mining
- Precious Metals
- Mining Others
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Our clientele includes a mix of mining lubricants market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific mining lubricants market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific mining lubricants market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific mining lubricants market size, by country, 2018-2030 (US$M)
Asia Pacific Mining Lubricants Market Outlook Share, 2021 & 2030 (US$M)
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