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Market value of mining lubricants worldwide in 2016 and 2022
(in million U.S. dollars)
Global market value of mining lubricants 2016-2022
The global market value of mining lubricants is expected to experience an increase during the six-year period comprised between 2016 and 2022, from some 1.95 billion U.S. dollars to approximately 2.56 billion U.S. dollars. Mining lubricants are lubricants used specifically for mining machines such as mining transmissions, turbines, compressors, bearings, hydraulic systems, and others.
Market value of mining lubricants worldwide in 2016 and 2022
(in million U.S. dollars)
Market value in million U.S. dollars.
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Source

Release date

April 2017

Region

Worldwide

Survey time period

2016

Supplementary notes

* Forecast based on a CAGR of 4.5 percent during the period 2017-2022.

Global market value of mining lubricants 2016-2022
The global market value of mining lubricants is expected to experience an increase during the six-year period comprised between 2016 and 2022, from some 1.95 billion U.S. dollars to approximately 2.56 billion U.S. dollars. Mining lubricants are lubricants used specifically for mining machines such as mining transmissions, turbines, compressors, bearings, hydraulic systems, and others.
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