Based on characteristics of lubricants to be circulated, energy and mining lubricants can be classified into mineral oil lubricants, synthetic lubricants, and bio based mining lubricants. Bio-based lubricants are used because of environmental concern, as there is an increase in pollution caused by numerous chemicals including lubricants.

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Lubricants for Energy & Mining Market | Industry Report, 2030
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Lubricants for Energy & Mining Market | Industry Report, 2030

Lubricants for Energy & Mining Market is driven by rise in investment in exploration & production of mineral reserves, primarily in Africa