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Global Zero Friction Coatings Market Size, Trends & Growth Opportunity, By Type (Polytetrafluoroethylene, Molybdenum Disulfide, Others), By Formulation (Cobalt-based alloys, Nickel-based alloys, Iron-based alloys, Carbides & Carbide blends), By End-use (Automobile & Transportation, Aerospace, General Engineering, Food & Healthcare, Energy, Others) By Region and Forecast till 2027.


Report ID : IR100508 | Industries : Chemicals & Materials | Published On :May 2024 | Page Count : 125

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  • Global Zero Friction Coatings Market Size, Trends & Growth Opportunity, By Type (Polytetrafluoroethylene, Molybdenum Disulfide, Others), By Formulation (Cobalt-based alloys, Nickel-based alloys, Iron-based alloys, Carbides & Carbide blends), By End-use (Automobile & Transportation, Aerospace, General Engineering, Food & Healthcare, Energy, Others) By Region and Forecast till 2027.
    Global Zero Friction Coatings Market
    The global Zero Friction Coatings market was valued at USD 868 million in 2021 which expected to reach USD 1123 million by 2027 at a CAGR 4.37 % from 2022-2027.
    Lubricants with zero friction coatings have a wide range of applications, including biomedical devices, plastic packaging, and electronics, marine, aerospace, and automotive applications. Dry lubricant solutions containing resins as bonding agents are used to create zero friction coatings. Zero friction coatings create a slippery surface, allowing materials to slide freely. Zero friction coatings have excellent wear resistance and are used to extend the shelf life of mechanical components. Zero friction coatings are also used to protect materials from scratches.
    Market Drivers
    The growing demand for zero friction coatings can be attributed to their lubricating and corrosion-protecting properties, which extend component wear life in industries such as automotive, energy, and aerospace. The product allows surfaces to come into contact with each other, resulting in less component degradation. Zero friction coating properties such as vacuum and radiation resistance, dry and clean lubrication that is not affected by dust, are non-flammability, and no oxidation expected to drive product demand over the forecast period. 
    Market Restraints
    Raw material price fluctuations will pose a significant challenge to the zero friction coatings market's growth rate. Furthermore, restrictions on the use of a few compounds, such as perfluorooctanoic acid, will limit the market's potential growth. The recent coronavirus outbreak has also slowed the rate of growth. 
    Market Segmentation
    The Global Zero Friction Coatings Market is segmented into Type, Formulation, Distribution Channel and Growing System. By Type such as Integrated Polytetrafluoroethylene, Molybdenum Disulfide, Others. By Formulation such as Solvent-based Coatings, Water-based Coatings, Powder Coatings. By End-use such as Automobile & Transportation, Aerospace, General Engineering, Food & Healthcare, Energy, Others. 

    Regional Analysis
    Global Zero Friction Coatings Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. During the forecast period, the Zero Friction Coatings market in APAC is expected to grow at the fastest CAGR. The presence of automotive manufacturing industries in countries such as Japan, South Korea, and China is attributed to the growth. The Association of Southeast Asian Nations is the world's seventh largest automotive manufacturing hub, producing approximately 3.5 million vehicles in 2021. Honda, Toyota, Ford, BMW, and other leading automotive manufacturers have a presence in the region. The region's expanding automobile industry is expected to drive demand for zero friction coatings in the coming years. 
    Key Players
    Various key players are listed in this report such as Endura Coatings; DuPont; VITRACOAT; Poeton; Bechem; ASV Multichemie Private Limited; GMM Coatings Private Limited; IKV Tribology Ltd.
    Market Taxonomy
    By Type

    • Polytetrafluoroethylene
    • Molybdenum Disulfide
    • Others 
    By Formulation
    • Solvent-based Coatings
    • Water-based Coatings
    • Powder Coatings
    By End-use
    • Automobile & Transportation
    • Aerospace
    • General Engineering
    • Food & Healthcare
    • Energy
    • Others
    By Region
    • North America
    • Latin America
    • Europe
    • China
    • Asia Pacific
    • Middle East & Africa
    Key Questions Addressed by the Report
    • What are the Key Opportunities in Global Zero Friction Coatings Market?
    • What will be the growth rate from 2022 to 2027?
    • Which segment/region will have highest growth?
    • What are the factors that will impact/drive the Market?
    • What is the competitive Landscape in the Industry?
    • What is the role of key players in the value chain?

    Global Zero Friction Coatings Market TOC:
    1 Introduction 
    1.1 Objective of the Study
    1.2 Market definition
    1.3 Market Scope
    2 Research Methodology
    2.1 Data Mining
    2.2 Validation
    2.3 Primary Interviews
    2.4 List of Data Sources
    3 Executive Summary
    4 Global Zero Friction Coatings Market Outlook
    4.1 Overview
    4.2 Market Dynamics
    4.2.1 Drivers
    4.2.2 Restraints
    4.2.3 Opportunities
    4.3 Porters Five Force Model
    4.4 Value Chain Analysis
    5 Global Zero Friction Coatings Market, By Type
    5.1 Y-o-Y Growth Comparison, By Type 
    5.2 Global Zero Friction Coatings Market Share Analysis, By Type 
    5.3 Global Zero Friction Coatings Market Size and Forecast, By Type
    5.3.1 Polytetrafluoroethylene
    5.3.2 Molybdenum Disulfide
    5.3.3 Others 
    6 Global Zero Friction Coatings Market, By Formulation
    6.1 Y-o-Y Growth Comparison, By Formulation
    6.2 Global Zero Friction Coatings Market Share Analysis, By Formulation
    6.3 Global Zero Friction Coatings Market Size and Forecast, By Formulation
    6.3.1 Solvent-based Coatings
    6.3.2 Water-based Coatings
    6.3.3 Powder Coatings
    7 Global Zero Friction Coatings Market, By End-use
    7.1 Y-o-Y Growth Comparison, By End-use
    7.2 Global Zero Friction Coatings Market Share Analysis, By End-use
    7.3 Global Zero Friction Coatings Market Size and Forecast, By End-use
    7.3.1     Automobile & Transportation
    7.3.2 Aerospace
    7.3.3 General Engineering
    7.3.4 Food & Healthcare
    7.3.5 Energy
    7.3.6 Others 
    8 Global Zero Friction Coatings Market, By Region
    8.1 Global Zero Friction Coatings Market Share Analysis, By Region
    8.2 Global Zero Friction Coatings Market Share Analysis, By Region
    8.3 Global Zero Friction Coatings Market Size and Forecast, By Region
    9 North America Zero Friction Coatings Market Analysis and Forecast (2022-2027)
    9.1 Introduction
    9.2 North America Zero Friction Coatings Market Share Analysis, By Type
    9.3 North America Zero Friction Coatings Market Size and Forecast, By Formulation
    9.4 North America Zero Friction Coatings Market Size and Forecast, By End-use
    9.6 North America Zero Friction Coatings Market Size and Forecast, By Country
    9.7.1 U.S.
    9.7.2 Canada
    9.7.3 Mexico
    10 Europe Zero Friction Coatings Market Analysis and Forecast (2022-2027)
    10.1 Introduction
    10.2 Europe Zero Friction Coatings Market Share Analysis, By Type 
    10.3 Europe Zero Friction Coatings Market Size and Forecast, By Formulation 
    10.4 Europe Zero Friction Coatings Market Size and Forecast, By End-use
    10.6 Europe Zero Friction Coatings Market Size and Forecast, By Country
    10.6.1 Germany
    10.6.2 France
    10.6.3 UK
    10.6.4. Rest of Europe
    11 Asia Pacific Zero Friction Coatings Market Analysis and Forecast (2022-2027)
    11.1 Introduction
    11.2 Asia Pacific Zero Friction Coatings Market Share Analysis, By Type 
    11.3 Asia Pacific Zero Friction Coatings Market Size and Forecast, By Formulation 
    11.4 Asia Pacific Zero Friction Coatings Market Size and Forecast, By End-use
    11.6 Asia Pacific Zero Friction Coatings Market Size and Forecast, By Country
    11.6.1 China 
    11.7.2 Japan
    11.8.3 India
    11.8.4. Rest of Asia Pacific
    12 Latin America Zero Friction Coatings Market Analysis and Forecast (2022-2027)
    12.1 Introduction
    12.2 Latin America Zero Friction Coatings Market Share Analysis, By Type 
    12.3 Latin America Zero Friction Coatings Market Size and Forecast, By Formulation 
    12.4 Latin America Zero Friction Coatings Market Size and Forecast, By End-use
    12.6 Latin America Zero Friction Coatings Market Size and Forecast, Country
    12.7.1. Brazil
    12.8.2. Rest of Latin America
    13 Middle East Zero Friction Coatings Market Analysis and Forecast (2022 -2027)
    13.1 Introduction
    13.2 Middle East Zero Friction Coatings Market Share Analysis, By Type 
    13.3 Middle East Zero Friction Coatings Market Size and Forecast, By Formulation 
    13.4 Middle East Zero Friction Coatings Market Size and Forecast, By End-use
    13.6 Middle East Zero Friction Coatings Market Size and Forecast, By Country
    13.7.1. Saudi Arabia
    13.8.2. UAE
    13.8.3. Egypt
    13.9.4. Kuwait
    13.10.5. South Africa
    14 Competitive Analysis
    14.1 Competition Dashboard
    14.2 Market share Analysis of Top Vendors
    14.3 Key Development Strategies
    15 Company Profiles
    15.1 Endura Coatings
    15.1.1 Overview
    15.1.2 Types
    15.1.3 Key Financials
    15.1.4 Business Segment & Geographic Overview
    15.1.5 Key Market Developments
    15.1.6 Key Strategies
    15.2. DuPont
    15.2.1 Overview
    15.2.2 Types
    15.2.3 Key Financials
    15.2.4 Business Segment & Geographic Overview
    15.2.5 Key Market Developments
    15.2.6 Key Strategies
    15.3. VITRACOAT
    15.3.1 Overview
    15.3.2 Types
    15.3.3 Key Financials
    15.3.4 Business Segment & Geographic Overview
    15.3.5 Key Market Developments
    15.3.6 Key Strategies
    15.4 Poeton
    15.4.1 Overview
    15.4.2 Types
    15.4.3 Key Financials
    15.4.4 Business Segment & Geographic Overview
    15.4.5 Key Market Developments
    15.4.6 Key Strategies
    15.5 Bechem
    15.5.1 Overview
    15.5.2 Types
    15.5.3 Key Financials
    15.5.4 Business Segment & Geographic Overview
    15.5.5 Key Market Developments
    15.5.6 Key Strategies
    15.6 ASV Multichemie Private Limited
    15.6.1 Overview
    15.6.2 Types
    15.6.3 Key Financials
    15.6.4 Business Segment & Geographic Overview
    15.6.5 Key Market Developments
    15.6.6 Key Strategies
    15.7 GMM Coatings Private Limited
    15.7.1 Overview
    15.7.2 Types
    15.7.3 Key Financials
    15.7.4 Business Segment & Geographic Overview
    15.7.5 Key Market Developments
    15.7.6 Key Strategies 
    15.8 IKV Tribology Ltd
    15.8.1 Overview
    15.8.2 Types
    15.8.3 Key Financials
    15.8.4 Business Segment & Geographic Overview
    15.8.5 Key Market Developments
    15.8.6 Key Strategies