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 (2021-2027)
 

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 (2021-2027)
 

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 (2021-2027)
 

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 (2021-2027)
 

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 (2021-2027)
 

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