DuPont, Parker Hannifin Corp, CARL BECHEM GMBH are dominating the Global Anti-Friction Coatings Market

Global Anti-Friction Coating Market is 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.

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Global Anti-Friction Coatings Market is a highly consolidated market, which includes specific number of key players as well as local players. The market has witnessed increased strategic developments owing to favourable market scenario.

The major players dealing in Global Anti-Friction Coatings Market are are DuPont, Parker Hannifin Corp, CARL BECHEM GMBH, ASV Multichemie Private Limited, Whitmore Manufacturing, LLC. Aalberts surface technologies, Ellsworth Adhesives, EMC, among others introducing strong range of product portfolio. This helped companies to maximize the sales with enhanced product portfolio.

For instance,

  • 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.

Anti-Friction Coatings MarketDuPont

DuPont, Headquartered in Wilmington, U.S.It was founded in 1802,is a public ownership company. The company is engaged in the manufacturing of protective coatings products for industrial applications. The company have wide industry in producing coatings using advanced technologies. The company have business segment which are Electronics & Imaging, Nutrition & Biosciences, Transportation & industrial, Safety & Construction under which Transportation & industrial is our market focus category. The company offers wide range of product categories such as Anti-Friction Coatings, Anti-Seize Pastes, Compounds, Dispersons & Aerosols, Greases, Oils & Fluids under which Anti-Friction Coatings is market focused category. The company has wide global presence across the Europe, North America, Asia & Pacific, and South America.

  • In April, 2021, DuPont announced that company is investing approximately USD 30.00 million to build a new manufacturing facility in East China. The new investment has helped the company to produce adhesives to serve customers in the transportation industry.

Parker Hannifin Corp

Parker Hannifin Corp headquartered in Texas, U.S, it was founded in year 1893 is a private ownership. The company is engaged to provide high performance products to a variety of industries and continue to set protection standard for lubrication and reliability products in the most adverse and demanding environments. The company have business segment which are Products & Solutions, Industries in which Products & solutions is market focused segment. The company offers wide range of product categories such as Adhesives, Coatings, Electric Materials, Flight Control Equipment, Sensing Systems, Specialty Chemicals, Active Vibration Control System under which coatings is market focused category. The company has wide global presence across the Europe, North America, Asia & Pacific, and North America.

  • 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.

CARL BECHEM GMBH

CARL BECHEM GMBH, Headquarters in Hagen, Germany and it was founded in year 1834 is a private ownership. The company have wide industry in producing lubricants & coatings using advanced technologies. The company offers wide range of product categories such as Lubricant Greases, Lubricating Oils, Pastes and Sprays, Anti-Friction Coatings, Process Media for Forming Technology, Corrosion Protection and Cleaners under which Anti-Friction Coatings is market focused category. The company has wide global presence across the Europe, North America, Asia & Pacific.

  • In November, 2018,CARL BECHEM GMBH started partnership with MAHLE’s for the development of anti-friction coatings. This partnership has helped the company to develop new coatings products used in automotive sector. It will boost company’s market growth.