Market Overview:
The global mining coolant market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for mining equipment, especially in developing countries such as China and India. In addition, the growing awareness about the benefits of using mining coolants is also contributing to the growth of this market. The global mining coolant market can be segmented on the basis of type into ethylene glycol coolant, propylene glycol coolant, and other types. The ethylene glycol segment is expected to account for a major share of this market during the forecast period owing to its high thermal stability and low freezing point. On the basis of application, this market can be divided into truck cooling systems, loader cooling systems, bulldozer cooling systems, and other applications such as rail transportation vehicles and excavators.
Product Definition:
Mining Coolant is a liquid that is circulated through a mining machine to cool the parts of the machine that are in contact with the material being mined. The cooling liquid helps to prevent the equipment from overheating and reduces wear on the parts of the machine.
Ethylene Glycol Coolant:
Ethylene glycol is a colorless and highly toxic organic liquid that is mainly used as antifreeze in various industries. It has the ability to lower the freezing point of water-based solutions, thus making them suitable for cooling applications. The product also helps reduce corrosion & scale formation on machinery and equipment, improves heat transfer properties in engines & boilers by lowering the temperature of engine oil and boiler water respectively.
Propylene Glycol Coolant:
Propylene glycol is a colorless and highly viscous liquid that is miscible in water. It has a mild sweetish taste. Propylene glycol can be used as an antifreeze, coolant, de-icing fluid and heat transfer agent among other applications.
Application Insights:
The truck application segment led the global mining coolant market in 2017 and is projected to expand at a steady CAGR from 2018 to 2030. The growth can be attributed to the rising demand for heavy-duty vehicles, particularly in developing countries such as China and India. In addition, increasing focus on reducing heat generated by heavy-duty trucks is likely to propel industry expansion over the coming years.
The loader application segment accounted for a significant share of 15.4% in 2017 owing to its high power consumption during quarrying operations across all major regions including North America, Europe, Asia Pacific and Latin America.
Regional Analysis:
Asia Pacific dominated the global mining coolant market in 2017 and is expected to continue its dominance over the forecast period. The region has a large number of mines, which require continuous maintenance and repair. This is expected to drive demand for equipment used in mining, including trucks, loaders, bulldozers as well as other machinery used for exploration and production activities. China holds a dominant position owing to rapid development of domestic industries coupled with government support for promoting investments in various sectors including manufacturing & construction; energy & power; transportation & logistics; banking & financial services; IT/Telecom Services (BFS); entertainment industry etc., thereby driving demand from end-users across various industries such as metal mining, oil& gas sector among others.
North America held a significant share of global revenue due to high investment by U.S.
Growth Factors:
- Increasing demand for metals and minerals in various industries
- Growing awareness about the benefits of using mining coolants
- Rising investments in mining sector worldwide
- Technological advancements in the field of mining coolants
- Growing demand from developing countries
Scope Of The Report
Report Attributes
Report Details
Report Title
Mining Coolant Market Research Report
By Type
Ethylene Glycol Coolant, Propylene Glycol Coolant, Other
By Application
Truck, Loader, Bulldozer, Others
By Companies
Mobil, Total Mining Solutions, Advanced Coolant Technologies, Prestone, Shell, Castrol, Total, CCI, BASF, Valvoline, Old World Industries, KMCO, Chevron, SONAX, Getz Nordic, Kost USA, Recochem
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
227
Number of Tables & Figures
159
Customization Available
Yes, the report can be customized as per your need.
Global Mining Coolant Market Report Segments:
The global Mining Coolant market is segmented on the basis of:
Types
Ethylene Glycol Coolant, Propylene Glycol Coolant, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Truck, Loader, Bulldozer, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Mobil
- Total Mining Solutions
- Advanced Coolant Technologies
- Prestone
- Shell
- Castrol
- Total
- CCI
- BASF
- Valvoline
- Old World Industries
- KMCO
- Chevron
- SONAX
- Getz Nordic
- Kost USA
- Recochem
Highlights of The Mining Coolant Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Ethylene Glycol Coolant
- Propylene Glycol Coolant
- Other
- By Application:
- Truck
- Loader
- Bulldozer
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Mining Coolant Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Mining coolant is a type of liquid used in the cooling of mining equipment. It is made up of water and various chemicals to keep the equipment operating at a safe temperature.
Some of the major players in the mining coolant market are Mobil, Total Mining Solutions, Advanced Coolant Technologies, Prestone, Shell, Castrol, Total, CCI, BASF, Valvoline, Old World Industries, KMCO, Chevron, SONAX, Getz Nordic, Kost USA, Recochem.
The mining coolant market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Mining Coolant Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Mining Coolant Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Mining Coolant Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Mining Coolant Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Mining Coolant Market Size & Forecast, 2018-2028
4.5.1 Mining Coolant Market Size and Y-o-Y Growth
4.5.2 Mining Coolant Market Absolute $ Opportunity
Chapter 5 Global Mining Coolant Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Mining Coolant Market Size Forecast by Type
5.2.1 Ethylene Glycol Coolant
5.2.2 Propylene Glycol Coolant
5.2.3 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Mining Coolant Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Mining Coolant Market Size Forecast by Applications
6.2.1 Truck
6.2.2 Loader
6.2.3 Bulldozer
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Mining Coolant Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Mining Coolant Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Mining Coolant Analysis and Forecast
9.1 Introduction
9.2 North America Mining Coolant Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Mining Coolant Market Size Forecast by Type
9.6.1 Ethylene Glycol Coolant
9.6.2 Propylene Glycol Coolant
9.6.3 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Mining Coolant Market Size Forecast by Applications
9.10.1 Truck
9.10.2 Loader
9.10.3 Bulldozer
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Mining Coolant Analysis and Forecast
10.1 Introduction
10.2 Europe Mining Coolant Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Mining Coolant Market Size Forecast by Type
10.6.1 Ethylene Glycol Coolant
10.6.2 Propylene Glycol Coolant
10.6.3 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Mining Coolant Market Size Forecast by Applications
10.10.1 Truck
10.10.2 Loader
10.10.3 Bulldozer
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Mining Coolant Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Mining Coolant Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Mining Coolant Market Size Forecast by Type
11.6.1 Ethylene Glycol Coolant
11.6.2 Propylene Glycol Coolant
11.6.3 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Mining Coolant Market Size Forecast by Applications
11.10.1 Truck
11.10.2 Loader
11.10.3 Bulldozer
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Mining Coolant Analysis and Forecast
12.1 Introduction
12.2 Latin America Mining Coolant Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Mining Coolant Market Size Forecast by Type
12.6.1 Ethylene Glycol Coolant
12.6.2 Propylene Glycol Coolant
12.6.3 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Mining Coolant Market Size Forecast by Applications
12.10.1 Truck
12.10.2 Loader
12.10.3 Bulldozer
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Mining Coolant Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Mining Coolant Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Mining Coolant Market Size Forecast by Type
13.6.1 Ethylene Glycol Coolant
13.6.2 Propylene Glycol Coolant
13.6.3 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Mining Coolant Market Size Forecast by Applications
13.10.1 Truck
13.10.2 Loader
13.10.3 Bulldozer
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Mining Coolant Market: Competitive Dashboard
14.2 Global Mining Coolant Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Mobil
14.3.2 Total Mining Solutions
14.3.3 Advanced Coolant Technologies
14.3.4 Prestone
14.3.5 Shell
14.3.6 Castrol
14.3.7 Total
14.3.8 CCI
14.3.9 BASF
14.3.10 Valvoline
14.3.11 Old World Industries
14.3.12 KMCO
14.3.13 Chevron
14.3.14 SONAX
14.3.15 Getz Nordic
14.3.16 Kost USA
14.3.17 Recochem
