Global Anti-Friction Coatings Market’s expected to reach USD 1,569,387.00 thousand by 2028 from USD 325,948.54 thousand in 2020, with a CAGR of 7.9% in the forecast period of 2021 to 2028.
Anti-Friction coated surfaces allows water, oil, dirt and other substances to roll off the surface, making the surfaces easy to clean. Adding a hydrophobic coating makes a surface extremely liquid and water repellent. A natural example for hydrophobicity is a lotus leaf. Any kind of fluid droplet falling on it, bounce back off. Hydrophobicity achieved by using Anti-Friction materials has specific surface roughness.
Consumer Anti-Friction Market Scenario
According to Data Bridge Market Research the market for consumer’s anti-friction coatings products in Asia-Pacific region has the highest market share followed by Europe and North America regions. Market leader is MOS2 product anti-friction coatings, which accounts an estimated market share of approximately 9% to 10% in the Global Anti-Friction Coatings Market. The company has gained outstanding sale through innovative packaging and protective products for several industries.
- In May, 2021, DuPont announced the introduction of MOLYKOTE G-1079 grease, a noise-reducing grease specially formulated for sliding-contact applications with fast movement and high loads or slow movement and low loads particularly actuators. MOLYKOTE G-1079 anti-friction coating used in next generation electric vehicles. Thus, it will help to raise company’s market sales.
- In January, 2021, Parker Hannifin Corp. LORD Noise, Vibration and Harshness Division of Parker Hannifin Corporation has announced new AS350 Main Rotor Spherical Bearing for the AS350 helicopter. This announcement leads to increased demand for the product in aerospace industries which will help to raise company’s sales.
Trends Impacting the Market
Now the question is which other regions DuPont, Parker Hannifin Corp, CARL BECHEM GMBH are targeting? Data Bridge Market Research has forecasted a large growth in Anti-Friction coatings products in Asia-Pacific region and the market leaders targeting Europe to be their next revenue pockets for 2020.
The Anti-Friction coatings market is becoming more competitive every year with companies such as DuPont, Parker Hannifin Corp, CARL BECHEM GMBH Companies as they are the market leaders for consumer Anti-Friction coatings Market. The data bridge market research new reports highlight the major growth factors and opportunities in the consumer electronics packaging market.
Anti-Friction coatings market development
- In May, 2021, DuPont announced it is investing USD 5.00 million in capital and operating resources at its manufacturing facilities in Germany and Switzerland. This investment will help company to increase capacity for its high-performance automotive adhesives. It will boost Company’s market share.
Key Pointers Covered in Anti-Friction Coatings Industry Trends and Forecast to 2028
- Market Size
- Market Standards and Changes
- Recent Developments for Market Competitors
- Sales Data for Market Competitors
- Key Vendors and Disruptors Study
- Supply Chain Competiveness
Key Market Competitors Covered in the Report
- DuPont
- Parker Hannifin Corp
- CARL BECHEM GMBH
- ASV Multichemie Private Limited
- Whitmore Manufacturing, LLC.
- Aalberts surface technologies
- Ellsworth Adhesives
- EMC
Above are the key players covered in the report, to know about more and exhaustive list of consumer electronics packaging companies, contact us https://www.databridgemarketresearch.com/toc/?dbmr=global-anti-friction-coating-market
Research Methodology: Anti-Friction coatings Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include vendor positioning grid, market time line analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis and vendor share analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Primary Respondents
- Demand Side: Anti-Friction coatings
- Supply Side: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers among others.
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