The Business Case for Renewable Energy in the Mining Industry

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Global Lubricating Grease Market (2024–2032) | CAGR 2.2%

global Lubricating Grease market is projected to grow from USD 1,875 million in 2024 to USD 2,171 million by 2032, registering a CAGR of 2.2%. Lubricating grease, a semi-solid lubricant, is widely used across automotive, manufacturing, agriculture, mining, and industrial applications for long-lasting lubrication, wear protection, and corrosion resistance. Market growth is driven by rising automotive production, industrialization, construction, and stringent equipment maintenance regulations, while synthetic, semi-synthetic, and environmentally friendly greases are shaping future innovation. Asia-Pacific represents the fastest-growing region, while North America and Europe focus on high-performance and eco-friendly solutions.

Building Sustainable Supply Chains with Ethical Mining and Material Traceability

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Global Wear Resistant Steel Market (2025–2032): Growing at 5.0% CAGR Driven by Mining, Construction & Heavy Machinery Demand
Global Wear Resistant Steel Market is growing steadily, driven by rising demand from mining, construction, and recycling industries where abrasion-resistant materials are essential. Valued at USD 3,789 million in 2024, the market is projected to reach USD 5,290 million by 2032, expanding at a CAGR of 5.0% during 2025–2032.
Wear resistant steel—available in grades like 400 HB, 450 HB, and 500 HB+—provides superior hardness and durability for high-impact, abrasive environments. Its adoption is increasing across mining equipment (liners, buckets, crushers), construction attachments, shredders, and agricultural machinery.

Global Wear Resistant Steel Market Size to Reach USD 5.29 Billion by 2032, Growing at 5.0% CAGR | Industry Outlook 2025–2032
Global Wear Resistant Steel Market is witnessing steady growth, driven by rising demand from mining, construction, and heavy engineering sectors. According to a new report from Intel Market Research, the market was valued at USD 3,789 million in 2024 and is projected to reach USD 5,290 million by 2032, registering a CAGR of 5.0% during 2025–2032. Wear resistant steels, commonly available in hardness grades such as 400 HB, 450 HB, and 500 HB, are engineered to withstand extreme abrasion, making them essential in applications like mining buckets, crusher liners, dump truck bodies, and recycling equipment.