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Low Friction Coating Trends and Forecast
The future of the global low friction coating market looks promising with opportunities in the aerospace, automobile & transportation, general engineering, energy, and food & healthcare markets. The global low friction coating market is expected to reach an estimated $1.4 billion by 2030 with a CAGR of 5.5% from 2024 to 2030. The major drivers for this market are rising automobile industry, growing environment regulations on use of conventional lubricants, and rising use of these coating on medical devices.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Low Friction Coating by Segment
The study includes a forecast for the global low friction coating by type, end use, and region.
Low Friction Coating Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• Polytetrafluoroethylene (PTFE)
• Molybdenum Disulfide (MoS2)
Low Friction Coating Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
• Aerospace
• Automobile & Transportation
• General Engineering
• Energy
• Food & Healthcare
Low Friction Coating Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Low Friction Coating Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies low friction coating companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the low friction coating companies profiled in this report include-
• Dow Corning
• Endura Coatings
• Vitracoat
• Poeton
• Whitford
• Bechem
• ASV Multichemie
Low Friction Coating Market Insights
Lucintel forecasts that molybdenum disulfide (MoS2) is expected to witness higher growth over the forecast period due to itÄX%$%Xs capacity to work in very hot and pressurized setting.
Within this market, automobile & transportation is expected to witness highest growth over the forecast period due to significant application of low friction coating in the automotive parts.
APAC is expected to witness highest growth over the forecast period due to rising demand for low friction coating from various end use industries, such as automobile & transportation, food & healthcare, and general engineering sectors of the region.
Features of the Global Low Friction Coating Market
Market Size Estimates: Low friction coating market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Low friction coating market size by type, end use, and region in terms of value ($B).
Regional Analysis: Low friction coating market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, end uses, and regions for the low friction coating market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the low friction coating market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q.1 What is the low friction coating market size?
Answer: The global low friction coating market is expected to reach an estimated $1.4 billion by 2030.
Q.2 What is the growth forecast for low friction coating market?
Answer: The global low friction coating market is expected to grow with a CAGR of 5.5% from 2024 to 2030.
Q.3 What are the major drivers influencing the growth of the low friction coating market?
Answer: The major drivers for this market are rising automobile industry, growing environment regulations on use of conventional lubricants and rising use of these coating on medical devices.
Q4. What are the major segments for low friction coating market?
Answer: The future of the low friction coating market looks promising with opportunities in the aerospace, automobile & transportation, general engineering, energy, and food & healthcare markets.
Q5. Who are the key low friction coating market companies?
Answer: Some of the key low friction coating companies are as follows:
• Dow Corning
• Endura Coatings
• Vitracoat
• Poeton
• Whitford
• Bechem
• ASV Multichemie
Q6. Which low friction coating market segment will be the largest in future?
Answer: Lucintel forecasts that molybdenum disulfide (MoS2) is expected to witness higher growth over the forecast period due to itÄX%$%Xs capacity to work in very hot and pressurized setting.
Q7. In low friction coating market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period due to rising demand for low friction coating from various end use industries, such as automobile & transportation, food & healthcare, and general engineering sectors of the region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the low friction coating market by type (polytetrafluoroethylene (PTFE) and molybdenum disulfide (MoS2)), end use (aerospace, automobile & transportation, general engineering, energy, and food & healthcare), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Low Friction Coating Market, Low Friction Coating Market Size, Low Friction Coating Market Growth, Low Friction Coating Market Analysis, Low Friction Coating Market Report, Low Friction Coating Market Share, Low Friction Coating Market Trends, Low Friction Coating Market Forecast, Low Friction Coating Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents
1. Executive Summary
2. Global Low Friction Coating Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Low Friction Coating Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Low Friction Coating Market by Type
3.3.1: Polytetrafluoroethylene (PTFE)
3.3.2: Molybdenum Disulfide (MoS2)
3.4: Global Low Friction Coating Market by End Use
3.4.1: Aerospace
3.4.2: Automobile & Transportation
3.4.3: General Engineering
3.4.4: Energy
3.4.5: Food & Healthcare
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Low Friction Coating Market by Region
4.2: North American Low Friction Coating Market
4.2.2: North American Low Friction Coating Market by End Use: Aerospace, Automobile & Transportation, General Engineering, Energy, and Food & Healthcare
4.3: European Low Friction Coating Market
4.3.1: European Low Friction Coating Market by Type: Polytetrafluoroethylene (PTFE) and Molybdenum Disulfide (MoS2)
4.3.2: European Low Friction Coating Market by End Use: Aerospace, Automobile & Transportation, General Engineering, Energy, and Food & Healthcare
4.4: APAC Low Friction Coating Market
4.4.1: APAC Low Friction Coating Market by Type: Polytetrafluoroethylene (PTFE) and Molybdenum Disulfide (MoS2)
4.4.2: APAC Low Friction Coating Market by End Use: Aerospace, Automobile & Transportation, General Engineering, Energy, and Food & Healthcare
4.5: ROW Low Friction Coating Market
4.5.1: ROW Low Friction Coating Market by Type: Polytetrafluoroethylene (PTFE) and Molybdenum Disulfide (MoS2)
4.5.2: ROW Low Friction Coating Market by End Use: Aerospace, Automobile & Transportation, General Engineering, Energy, and Food & Healthcare
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Low Friction Coating Market by Type
6.1.2: Growth Opportunities for the Global Low Friction Coating Market by End Use
6.1.3: Growth Opportunities for the Global Low Friction Coating Market by Region
6.2: Emerging Trends in the Global Low Friction Coating Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Low Friction Coating Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Low Friction Coating Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: DOW Corning
7.2: Endura Coatings
7.3: Vitracoat
7.4: Poeton
7.5: Whitford
7.6: Bechem
7.7: ASV Multichemie
.
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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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