The global zero friction coatings market size is estimated to reach USD 1,346.00 million by 2030 according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 5.6% from 2022 to 2030. Growth can be attributed to the fact that these coatings reduce friction and wear resulting in low fuel consumption and less heat generation. According to the European Automobile Manufacturers' Association, 79.1 million motor vehicles were produced across the globe in 2021 which was up by 1.3% as compared to 2020. Zero friction coatings can extend the time between component maintenance and replacement, especially for machine parts that are expensive to manufacture.
Zero Friction Coatings Market Report Highlights
- In 2021, molybdenum disulfide emerged as the dominant type segment by contributing around 50% of the revenue share. This is attributed to its properties such as low coefficient of friction at high loads, electrical insulation, and wide temperature range
- The automobile & transportation was the dominating end-use segment accounting for a revenue share of more than 35% in 2021 due to the rapid growth of the automotive industry across the globe
- The energy end-use segment is anticipated to grow at a CAGR of 5.7% in terms of revenue by 2030, owing to the excessive wear on the drill stem assembly and the well casing during the drilling operations in the oil and gas sector
- In Asia Pacific, the market is projected to witness the highest CAGR of 5.8% over the predicted years owing to the presence of car manufacturing industries in the countries such as Japan, South Korea, and China
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Several applications in the automobile industry use wear-resistant plastic seals that require zero tolerance for failure and lifetime service confidence. Increasing demand for the product from the automotive industry across the globe for various applications including fuel pumps, automatic transmissions, oil pumps, braking systems, and others is expected to drive its demand over the forecast period.
Low friction coatings can be used in extreme environments comprising high pressure, temperatures, and vacuums. These coatings can provide improved service life and performance thereby eliminating the need for wet lubricants in environments that require chemicals, heat, or clean room conditions. The product containing molybdenum disulfide (MoS2) are suitable for reinforced plastics while those free from MoS2 are suitable for non-reinforced plastics.
Zero friction coatings are paint-like products containing submicron-sized particles of solid lubricants dispersed through resin blends and solvents. The product can be applied using conventional painting techniques such as dipping, spraying, or brushing. The thickness of the film has a considerable influence on the anti-corrosion properties, coefficient of friction, and service life of the product. Its thickness should be greater than the surface roughness of the mating surfaces.
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List of major companies in the Zero Friction Coatings Market
- Endura Coatings
- DuPont
- VITRACOAT
- Poeton
- Bechem
- ASV Multichemie Private Limited
- GMM Coatings Private Limited
- IKV Tribology Ltd.
About Grand View Research
Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S. based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.
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Segmented the global zero friction coatings market market report on the type, formulation, end-use, and region.
Table of Contents
Chapter 1 Methodology And Scope
1.1 Market Segmentation & Scope
1.2 Market Definitions
1.3 Information Procurement
1.3.1 Information Analysis
1.3.2 Market Formulation & Data Visualization
1.3.3 Data Validation & Publishing
1.4 Research Scope And Assumptions
1.4.1 List Of Data Sources
Chapter 2 Executive Summary
2.1 Market Outlook
2.2 Segmental Outlook
Chapter 3 Market Variables, Trends & Scope
3.1 Market Lineage Outlook
3.1.1 Global Industrial Coatings Market Outlook
3.2 Penetration & Growth Prospect Mapping, 2018 - 2030
3.3 Industry Value Chain Analysis
3.3.1 Raw Material Trend Analysis
3.3.2 Manufacturing Trend Analysis
3.3.3 Sales Channel Analysis
3.4 Regulatory Framework
3.5 Price Trend Analysis, 2018 - 2030
3.5.1 Factors Influencing Prices
3.6 Impact of COVID - 19 Pandemic
3.7 Impact of European Geopolitical Conflict
3.8 Market Dynamics
3.8.1 Market Driver Analysis
3.8.2 Market Restraint Analysis
3.8.3 Market Opportunity Analysis
3.8.4 Industry Challenges Analysis
Chapter 4 Zero Friction Coatings Market: Type Estimates & Trend Analysis
4.1 Type Movement Analysis & Market Share, 2021 & 2030 (Kilotons) (USD Million)
4.2 Zero Friction Coatings Market Size, Forecasts, And Trend Analysis, By Type, 2018 - 2030 (Kilotons) (USD Million)
Chapter 5 Zero Friction Coatings Market: Formulation Estimates & Trend Analysis
5.1 Formulation Movement Analysis & Market Share, 2021 & 2030 (Kilotons) (USD Million)
5.2 Zero Friction Coatings Market Size, Forecasts, And Trend Analysis, By Formulation, 2018 - 2030 (Kilotons) (USD Million)
Chapter 6 Zero Friction Coatings Market: End - Use Estimates & Trend Analysis
6.1 End - Use Movement Analysis & Market Share, 2021 & 2030 (Kilotons) (USD Million)
6.2 Zero Friction Coatings Market Size, Forecasts, And Trend Analysis, By End - Use, 2018 - 2030 (Kilotons) (USD Million)
Chapter 7 Zero Friction Coatings Market - Competitive Analysis
7.1 Recent Development & Impact Analysis, By Key Market Participants
7.2 Company/Competition Categorization (Key innovators, Market leaders, Emerging Players)
7.3 Vendor Landscape
7.3.1 List Of Raw Material Suppliers
7.3.2 List Of Distributors And Channel Partners
7.3.3 List Of Potential End - Users
7.4 Key Company Market Positioning Analysis, 2021
7.5 Major Deals & Strategic Alliances Analysis
Chapter 8 Company Profiles
8.1 Endura Coatings
8.1.1 Company Overview
8.1.2 Financial Performance
8.1.3 Product Benchmarking
8.1.4 Strategic Initiatives
8.2 DuPont
8.2.1 Company Overview
8.2.2 Financial Performance
8.2.3 Product Benchmarking
8.2.4 Strategic Initiatives
8.3 VITRACOAT
8.3.1 Company Overview
8.3.2 Financial Performance
8.3.3 Product Benchmarking
8.3.4 Strategic Initiatives
8.4 Poeton
8.4.1 Company Overview
8.4.2 Financial Performance
8.4.3 Product Benchmarking
8.4.4 Strategic Initiatives
8.5 Bechem
8.5.1 Company Overview
8.5.2 Financial Performance
8.5.3 Product Benchmarking
8.5.4 Strategic Initiatives
8.6 ASV Multichemie Private Limited
8.6.1 Company Overview
8.6.2 Financial Performance
8.6.3 Product Benchmarking
8.6.4 Strategic Initiatives
8.7 GMM Coatings Private Limited
8.7.1 Company Overview
8.7.2 Financial Performance
8.7.3 Product Benchmarking
8.7.4 Strategic Initiatives
8.8 IKV Tribology Ltd
8.8.1 Company Overview
8.8.2 Financial Performance
8.8.3 Product Benchmarking
8.8.4 Strategic Initiatives
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Zero-Friction-Coatings are dry lubricant solutions that resemble common industrial varnishes, during their formulation.
They contain resins as bonding agents, solid lubricants as pigments, as well as solvents.
Zero friction coatings provides slippery surface that helps emulsions, gels, viscous liquids to slide freely.
The application of zero friction coatings can be seen in biomedical devices, plastic packaging, electronics, marine, aerospace and automotive.Global zero friction coatings market is expected to rise registering a substantial CAGR of 6.1% in the forecast period of 2019-2026.
The rise in the market value can be attributed to the growing automobile industry and the need for better user experience, growing demand for medical devices coatings and stringent environment regulations.Get Sample PDF (including COVID19 Impact Analysis) of Market Report @https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-zero-friction-coatings-marketMarket Drivers and Restraints:Rising demand for medical devices coatings; this factor will drive the market in the forecast periodGrowing automobile industry and need for better user experience will also propel the market in near futureStringent environment regulation on use of conventional lubricants; this factor will also help the market to growIncreased usage of zero-friction coatings by its end-users will also propel the market growthSlowly recovering European economies; this factor will hamper the growth of the market in near futureDeclining industrial goods production; this factor can also restrain the market The major players covered in the Zero Friction Coatings Market Few of the major competitors currently working in the zero friction coatings market are Chemours Company, DOW Corning, Endura Coatings, Vitracoat, Inc., Poeton Industries, Whitford Corporation, Bechem, ASV Multichemie Pvt., Ltd., IKV Tribology, Ltd., Whitmore Manufacturing Company, Harves Co., Ltd., Amcor Limited, Wihuri Oyj, Sigma Plastics Group, American Packaging Corporation, Cosmo Films Limited among others.MAJOR TOC OF THE REPORTChapter One: Zero Friction Coatings Market OverviewChapter Two: Manufacturers ProfilesChapter Three: Global Zero Friction Coatings Market Competition, by PlayersChapter Four: Global Zero Friction Coatings Market Size by RegionsChapter Five: North America Zero Friction Coatings Market Revenue by CountriesChapter Six: Europe Zero Friction Coatings Market Revenue by CountriesChapter Seven: Asia-Pacific Zero Friction Coatings Market Revenue by CountriesChapter Eight: South America Zero Friction Coatings Market Revenue by CountriesGet Detail TOC@ https://www.databridgemarketresearch.com/toc/?dbmr=global-zero-friction-coatings-marketKey Report HighlightsComprehensive pricing analysis based on different product types and regional segmentsMarket size data in terms of revenue and sales volumeDeep insights about regulatory and investment scenarios of the global Zero Friction Coatings MarketAnalysis of market effect factors and their impact on the forecast and outlook of the global Zero Friction Coatings MarketThe detailed assessment of the vendor landscape and leading companies to help understand the level of competition in the Zero Friction Coatings MarketA roadmap of growth opportunities available in the global Zero Friction Coatings Market with the identification of key factorsThe exhaustive analysis of various trends of the global Zero Friction Coatings Market to help identify market developments Key Questions Answered in Report:What is the key to the Zero Friction Coatings Market ?What will the Zero Friction Coatings Market Demand and what will be Growth?What are the latest opportunities for Zero Friction Coatings Market in the future?What are the strengths of the key players?Access Full Report @ https://www.databridgemarketresearch.com/reports/global-zero-friction-coatings-marketAbout Us:Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches.
We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the marketContact:Data Bridge Market ResearchTel: +1-888-387-2818Email: [email protected] Related Reports@Matting Agents MarketMedicinal Chemistry for Drug Discovery MarketMelamine Formaldehyde Market
Zero Friction Coatings Market are dry lubricant solutions that resemble common industrial varnishes, during their formulation.
Zero friction coatings provides slippery surface that helps emulsions, gels, viscous liquids to slide freely.
The application of zero friction coatings can be seen in biomedical devices, plastic packaging, electronics, marine, aerospace and automotive.Global zero friction coatings market is expected to rise registering a substantial CAGR of 6.1% in the forecast period of 2019-2026.
The rise in the market value can be attributed to the growing automobile industry and the need for better user experience, growing demand for medical devices coatings and stringent environment regulations.
Get Sample Report at : https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-zero-friction-coatings-marketCompetitive Analysis: Global Zero Friction Coatings MarketFew of the major competitors currently working in Global Zero Friction Coatings Market are Chemours Company, DOW Corning, Endura Coatings, Vitracoat, Inc., Poeton Industries, Whitford Corporation, Bechem, ASV Multichemie Pvt., Ltd., IKV Tribology, Ltd., Whitmore Manufacturing Company, Harves Co., Ltd., Amcor Limited, Wihuri Oyj, Sigma Plastics Group, American Packaging Corporation, Cosmo Films Limited among others.
Key Pointers Covered in the Global Zero Friction Coatings Market Trends and Forecast to 2026Global Zero Friction Coatings Market New Sales VolumesGlobal Zero Friction Coatings Market Replacement Sales VolumesGlobal Zero Friction Coatings Market Installed BaseGlobal Zero Friction Coatings Market By BrandsGlobal Zero Friction Coatings Market SizeGlobal Zero Friction Coatings Market Procedure VolumesGlobal Zero Friction Coatings Market Product Price AnalysisGlobal Zero Friction Coatings Market Healthcare OutcomesGlobal Zero Friction Coatings Market Cost of Care AnalysisGlobal Zero Friction Coatings Market Regulatory Framework and ChangesGlobal Zero Friction Coatings Market Prices and Reimbursement AnalysisGlobal Zero Friction Coatings Market Shares in Different RegionsRecent Developments for Global Zero Friction Coatings Market CompetitorsGlobal Zero Friction Coatings Market Upcoming ApplicationsGlobal Zero Friction Coatings Market Innovators StudyGet Detailed TOC:https://www.databridgemarketresearch.com/toc/?dbmr=global-zero-friction-coatings-marketKey Developments in the Market:In May 2019, Dow Corning Corporation, a subsidiary of The Dow Chemical Company launched Molykote, an anti-friction coating into the market.
Zero Friction Coatings Market are dry lubricant solutions that resemble common industrial varnishes, during their formulation.
Zero friction coatings provides slippery surface that helps emulsions, gels, viscous liquids to slide freely.
The application of zero friction coatings can be seen in biomedical devices, plastic packaging, electronics, marine, aerospace and automotive.Global zero friction coatings market is expected to rise registering a substantial CAGR of 6.1% in the forecast period of 2019-2026.
The rise in the market value can be attributed to the growing automobile industry and the need for better user experience, growing demand for medical devices coatings and stringent environment regulations.
Get Sample Report at : https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-zero-friction-coatings-marketCompetitive Analysis: Global Zero Friction Coatings MarketFew of the major competitors currently working in Global Zero Friction Coatings Market are Chemours Company, DOW Corning, Endura Coatings, Vitracoat, Inc., Poeton Industries, Whitford Corporation, Bechem, ASV Multichemie Pvt., Ltd., IKV Tribology, Ltd., Whitmore Manufacturing Company, Harves Co., Ltd., Amcor Limited, Wihuri Oyj, Sigma Plastics Group, American Packaging Corporation, Cosmo Films Limited among others.
Key Pointers Covered in the Global Zero Friction Coatings Market Trends and Forecast to 2026Global Zero Friction Coatings Market New Sales VolumesGlobal Zero Friction Coatings Market Replacement Sales VolumesGlobal Zero Friction Coatings Market Installed BaseGlobal Zero Friction Coatings Market By BrandsGlobal Zero Friction Coatings Market SizeGlobal Zero Friction Coatings Market Procedure VolumesGlobal Zero Friction Coatings Market Product Price AnalysisGlobal Zero Friction Coatings Market Healthcare OutcomesGlobal Zero Friction Coatings Market Cost of Care AnalysisGlobal Zero Friction Coatings Market Regulatory Framework and ChangesGlobal Zero Friction Coatings Market Prices and Reimbursement AnalysisGlobal Zero Friction Coatings Market Shares in Different RegionsRecent Developments for Global Zero Friction Coatings Market CompetitorsGlobal Zero Friction Coatings Market Upcoming ApplicationsGlobal Zero Friction Coatings Market Innovators StudyGet Detailed TOC:https://www.databridgemarketresearch.com/toc/?dbmr=global-zero-friction-coatings-marketKey Developments in the Market:In May 2019, Dow Corning Corporation, a subsidiary of The Dow Chemical Company launched Molykote, an anti-friction coating into the market.
