1 / 7

Fmi Provides MINING LUBRICANTS MARKET Projections In Its Revised Report, Covid-19 Pandemic Shaping Global Demand

mining sectors, mining lubricants continue to see sustained demand in global market. Poised for revenues of over US$ 3 Bn towards the end of forecast period (2019 - 2029), global mining lubricants market is projected to witness a steady growth outlook in the near future.

ankush321
Download Presentation

Fmi Provides MINING LUBRICANTS MARKET Projections In Its Revised Report, Covid-19 Pandemic Shaping Global Demand

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Demand For MINING LUBRICANTS MARKET To Experience A Significant Dip In 2020, Influenced By Covid-19 Pandemic www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights © 2019 Future Market Insights, All Rights Reserved May 2020 Report Id : REP-GB-6505 Published On : 5 Feb - 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 Customized Research Syndicated Research Investment Research Social Media Research 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@futuremarketinsights.com

  3. Research Methodology (1/2) Research & Intelligence Data Collection Actionable Insights Data Filter & Analysis Business Solution 1 Market profiling 2 Formulating discussion guide • Identifying key opinion leaders • Questionnaire design • In-depth interviews • Coverage across value chain 3 A Developing list of respondents • Key industry experts • Channel study • Developments • Market dynamics • Products • Conclusions Primary Research 4 SOLUTION Data collection • Market participants • Key strengths • Product portfolio • Mapping as per value chain • Key focus segments B 5 Desk Research Data validation 6 C Data analysis Primary Research # • Secondary Research # • Paid Publications# Company Analysis • Linkedin • Zoominfo • Salesforce • Avention • Company websites • Company annual reports • White papers • Financial reports • Factiva • GBI • Genios • Meltwater 7 Insights Systematic Research Approach # includes sources of databases

  4. MINING LUBRICANTS MARKET Exhibiting a stable CAGR during 2019 - 2029, global value of mining lubricants market is projected to reach US$ 3 Bn by 2029 end. While resurgence of mining industry is the prime driver for market growth, increasing investments in mining exploration activities will be another leg of growth for mining lubricants market over the forecast period. "The mining lubricants market is growing on the back of rising demand for high-performance lubricants such as process oils, transmission oils, and drilling fluids, in mining projects. Manufacturers are inking partnerships with equipment manufacturers and service providers to create awareness on proper usage and benefits of mining lubricants. Moreover, they are offering customized solutions," says Future Market Insights. Key Takeaways of FMI's Mining Lubricants Market Study • Bio-based mining lubricants are witnessing significant traction, especially in developed regions, owing to stringent sustainable norms. • Given abundance of coal and iron ore reserves, mining lubricants market in East Asia represents the most lucrative opportunities. • Surging energy requirement due to rapid urbanization and industrialization is further creating growth avenues for mining lubricant manufacturers. Key Growth Drivers - Mining Lubricants Market • Investment upheaval in mining sector in developing regions including, China, and India are bolstering the growth of mining lubricants market. • Increasing preference for high-performance eco-friendly lubricants to achieve equipment efficiency, along with regulatory compliance. • Swelling demand for coal as feedstock for energy production is arguing well for market growth of mining lubricants.

  5. MINING LUBRICANTS MARKET Key Impediments - Mining Lubricants Market • Fluctuations in raw material pricing due to trade conflicts remain a longstanding concern. • Fulfilling product standardization criteria adds to R&D expenses of mining lubricant manufacturers. Competition Structure Analysis - Mining Lubricants Market The global mining lubricants market is moderately consolidated, with leading players accounting for over half of the total market revenues. Manufacturers are focusing on strengthening their partnerships with mining companies and equipment suppliers. They are also entering into strategic mergers & acquisitions with regional players across the globe to expand their presence in domestic landscape. Some of the key participants in global mining lubricants market that are covered in this Future Market Insights' report, includeRoyal Dutch Shell plc, ExxonMobil Corporation, Total S.A., BP plc, PetroChina Company Limited, PETRONAS, FUCHS, Chevron Corporation, Lukoil Company, and Kluber Lubrication. Press-release Source @ https://www.accesswire.com/576055/Sales-of-Mining-Lubricants-Soar-with-Adoption-of-Advanced-Machinery-Global-Market-Revenues-to-Surpass-US-3-Bn-Through-2029-Future-Market-Insights-Reveals-in-its-Recent-Study

  6. MINING LUBRICANTS MARKET About Us: Future Market Insights Is The Premier 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. Fmi’s Research And Consulting Services Help Businesses Around The Globe Navigate The Challenges In A Rapidly Evolving Marketplace With Confidence And Clarity. Our Customized And Syndicated Market Research Reports Deliver Actionable Insights That Drive Sustainable Growth. We Continuously Track Emerging Trends And Events In A Broad Range Of End Industries To Ensure Our Clients Prepare For The Evolving Needs Of Their Consumers. Contact: Future Market Insights U.S. Office 616 Corporate Way, Suite 2-9018, Valley Cottage, Ny 10989, United States T: +1-347-918-3531 F: +1-845-579-5705 Sales:Sales@Futuremarketinsights.Com

  7. To know more about us, please visit our website: www.futuremarketinsights.com For sales queries or new topics email us on: sales@futuremarketinsights.com For media queries, contact the press office at press@futuremarketinsights.com For other queries contact:Hari. 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@futuremarketinsights.com Thank You Future Market Insights Global & Consulting Private Limited (FMI)

More Related