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Anti-Friction Coatings Market Size, Share, Industry, Forecast and outlook (2024-2031)

Published: September 2023 || SKU: CH4529
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180 pages
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Global Anti-Friction Coatings Market Is Segmented By Type (MOS2, PTFE, Graphite, FEB, Tun, Tungsten Disulfide, Others), By Nature (Solvent-based, Water-based ), By Surface (Metal, Light Metal, Plastic), By Application (Valve Components & Actuators, Automotive Parts, Power Transmission Items, Medical Devices, Bearings, Ammunition Components, others), By End-User (Medical, Automotive, Oil & Gas, Packaging, Aerospace, Marine, Construction, Others), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis,  2023-2030

 

Anti-Friction Coatings Market Overview

The report on global anti-friction coatings analyses the market shares, size, recent trends, future market outlook, and competitive intelligence. Anti-friction coatings usage in valve components & actuators is on the rise. Medical and automotive demand in ‘The Asia Pacific’ is rising. The competitive rivalry intensifies with Bostik, DuPont, Aalberts Surface Technologies, and others active in the market. 

Anti-friction coatings or "dry films" are used in situations that are incompatible with wet oil or grease. Because the layer does not migrate over time, it can also be utilized as an addition to a typical wet lubricant. Most anti-friction coatings perform excellently in harsh settings with high temperatures, oversized loads, or significant wear and tear.

By limiting friction and wear, eliminating component failures, extending lubrication intervals, and lowering production and operating costs, anti-friction coatings help clients increase safety, dependability, and performance. Depending on the nature of the parts being treated and the surface finish required, anti-friction coatings are applied by spraying, dipping, or using paint/spraying drums and centrifuges. The method will depend on the components' shape, size, weight, and quantity.

Anti-Friction Coatings Market Scope

Metrics

Details

Market CAGR

7.9%

Segments Covered

By Type, By Nature, By Surface, By Application, By End-User, and By Region

Report Insights Covered

Competitive Landscape Analysis, Company Profile Analysis, Market Size, Share, Growth, Demand, Recent Developments, Mergers and acquisitions, New Product Launches, Growth Strategies, Revenue Analysis, and Other vital insights.

Fastest Growing Region

Asia Pacific

Largest Market Share 

Asia Pacific

 

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Source: DataM Intelligence Analysis (2023)

Anti-Friction Coatings Market Dynamics

The growth of global anti-friction coatings is driven by the growing demand for efficient lubrication solutions.

Growing demand for efficient lubrication solutions

Many of the parts used to manufacture everything from smartphones to appliances to automobiles, farm tractors, and airplanes are manufactured using complex machinery comprising several parts intended to work intricately together. The environmental conditions under which they operate extreme demand pressures, temperatures, and high speeds.

Efficient lubrication solutions prevent the degradation and other difficulties that occur when surfaces come together under such conditions is crucial to sustaining the high performance of these advanced machines. Lubrication is the solution to preventing or at least reducing undesired interactions. Under extreme conditions, however, traditional liquid oils and greases are not suitable. In these cases, anti-friction coatings keep the industry moving in the right direction.

Sticking, galling, seizing, and general erosion/wear and tear can all be avoided by reducing friction between moving parts. Anti-friction coatings are utilized in areas where liquid oils or greases are unsuitable due to high shaft speeds mixed with extremely high or low temperatures and pressures. Conventional lubricants can either evaporate or freeze in these conditions. Dry-film lubricants also offer localized lubrication to metal, plastic, elastomeric, and even wood parts and do so for the lifespan of the components in many circumstances because they do not know the age, evaporate or oxidize. The coatings are abrasion and chemical, vacuum, and radiation-resistant because of their low surface energies and strong finishes.

Use of hazardous material for manufacturing anti-friction coating

The materials used to manufacture anti-friction coatings are hazardous and contain harmful components for humans. Various companies have mentioned the hazards of the use of anti-friction coatings. For instance, MOLYKOTE 3402-C LF Anti-Friction coating, a product manufactured from DuPont, is hazardous under the standards of the Federal OSHA Hazard Communication Standard, 29CFR 1910.1200, Flammable liquids - Category 2, Specific target organ toxicity - single exposure - Category 3, Eye irritation - Category 2A, Carcinogenicity - Category 2 – Inhalation. Hence, the concerns regarding the use of hazardous materials are restraining the market's growth.

COVID-19 Impact on Anti-Friction Coatings Market Growth

The market for anti-friction coatings has been unstable during the COVID-19 outbreak. The anti-friction coatings have been utilized in the oil & gas, automotive, wind energy, construction, and other sectors. The production of anti-friction coatings decreased significantly during the initial COVID-19 phase due to the end user's lower demand.

For instance, according to the China Association of Automobile Manufacturers, China saw automotive sales drop 11.9% from the year earlier to 1.86 million vehicles. Moreover, Oil & gas exploration and production companies lost tremendous revenues of US$ 1 trillion in 2020. The countries have also witnessed a 30% decline in wind energy installations in 2020 as compared to the previous year.

Anti-Friction Coatings Market Segment Analysis

By end-user, the anti-friction coatings market is segmented into medical, automotive, oil & gas, packaging, aerospace, marine, construction, and others.

Automotive manufacturers looking to reduce NVH (Noise, Vibration, and Harshness) are boosting sales for the anti-friction coating market.

Current industry megatrends like safety, energy efficiency & pollution control, comfort & design, autonomous functioning, and electrification impact modern automobile design requirements. Anti-friction coatings and other lubricant solutions play a significant role in and affect each of these trends. Improved performance and long-term durability, higher comfort, and safety increased fuel efficiency, and lower NVH (noise, vibration, and harshness) drive industry innovations.

Automotive manufacturers pay lots of consideration to NVH (Noise, Vibration, and Harshness) while designing a car. The noises predominately occur when two materials like rubber, plastic, or leather rub and slide against each other. Different approaches have been utilized to control NVH and eliminate noise. One of the main concepts is friction reduction as well as stick-slip prevention and this is where lubrication plays an essential role.

Lubricants can improve comfort and perceived quality in interior applications by damping noises and vibrations, reducing stick-slip and smoothing operation, and controlling free motion. Proper lubrication of external or body components such as locks, sunroofs, windows, and mirror regulators increases comfort and convenience while ensuring component dependability and durability. The anti-friction coating provides efficient solutions for lubrication applications in the automotive industry.

 

Source: DataM Intelligence Analysis (2023)

Anti-Friction Coatings Market Geographical Share

Expanding demand from the automotive industry is boosting sales in Asia-Pacific

Asia-Pacific is expected to grow at a significant growth rate in the forecast period. The region is witnessing significant demand for polymer and fluoropolymer coatings to ensure that steel components feature good non-stick and gliding properties and wear resistance. The anti-friction coating is essentially used in the automotive industry in analytical applications.

However, this type of coating is also gaining applications in construction, medical engineering, solar engineering, the furniture industry, and wind energy engineering. The construction sector is a fundamental player in anti-friction coating for continued economic development. According to the National Bureau of Statistics, in 2020, the value of construction output accounted for 25.9% of China's GDP, up from 6.2% in 2019.

The growing automotive industry in the countries is boosting the demand for the anti-friction coatings market. For instance, in 2020, India was the fifth-largest auto market, with almost 3.49 million units sold in vehicles. Moreover, China continues to be the largest vehicle market globally, with the Chinese government expecting that automobile output will approach 30 million units by 2020 and 35 million by 2025. According to the China Association of Automobile Manufacturers, more than 27 million vehicles were sold in 2018.

 

Source: DataM Intelligence Analysis (2023)

Anti-Friction Coatings Companies and Competitive Landscape

The anti-friction coatings market is fragmented with the presence of local and global companies due to the easy availability of raw materials. In addition, key players contributing to the market's growth are Bostik, DuPont, Aalberts Surface Technologies, Carl Bechem GMBH, Reparex Inc, Sun Coating Company, Matrix Coatings Corp., Whitmore Manufacturing LLC, American Roller Company, Parker Hannifin Corp and others. The players are adopting new strategies to dominate the market, such as acquisitions, expansions, and collaborations, contributing to the global growth of the anti-friction coatings market.

DuPont

Overview: DuPont is an innovation leader with technology-based materials and solutions that help transform industries. DowDuPont has been separated into three divisions: Dow, Dupont, and Corteva. The dissolution was completed in June 2019 and DuPont was launched as a new company. The company has segmented its product portfolio into 15 segments to offer 3 major sectors: Electronics & Industrial, Mobility & Materials, and Water & Protection. The company has research centers, manufacturing sites, and offices in more than 40 countries globally. DuPont has 10 major Research & Development Centers globally.

Product Portfolio: The company offers various anti-friction coatings products suitable for a wide range of applications under its Molykote Brand.

Key Development: In 2021, DuPont announced investments to expand production of its MOLYKOTE Specialty Lubricants at manufacturing facilities in Berkeley County, South Carolina, and Chiba, Japan DuPont has invested over US$ 40 million in MOLYKOTE manufacturing facilities to address the growing market for autonomous and electric vehicles and meet regulatory requirements and sustainability needs for industrial and automotive applications.

Why Purchase the Report?

  • Visualize the global anti-friction coatings market segmentation by type, nature, surface, application, end-user, and region, highlighting the key commercial assets and players.
  • Identify commercial opportunities in the global anti-friction coatings market by analyzing trends and co-development deals.
  • Excel data sheet with thousands of global anti-friction coatings market-level 4/5 segmentation data points.
  • PDF report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study.
  • Product mapping in excel for the key product of all major market players

The global anti-friction coatings market report would provide an approximate 77 market data table, 81 figures, and 180 pages

Target Audience 2023

  • Raw Material Providers
  • Buyers
  • Coatings Manufacturers
  • Distributors
  • Automotive Companies
  • Wind Turbine Manufacturers
  • Industry Investors/Investment Bankers
  • Education & Research Institutes
  • Research Professionals
  • Emerging Companies
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FAQ’s

  • The Anti-Friction Coatings Market is expected to grow at a high CAGR of 7.9% from 2023-2030.

  • Key players are Bostik, DuPont, Aalberts Surface Technologies, Carl Bechem GMBH, Reparex Inc, Sun Coating Company, Matrix Coatings Corp., Whitmore Manufacturing LLC, American Roller Company, Parker Hannifin Corp and others.

  • Asia Pacific is the Largest Market Share in Anti-Friction Coatings Market.

  • The segments are By Type, By Nature, By Surface, By Application, By End-User, and By Region.
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