Global Zero Friction Coatings Market Size & Outlook
The zero friction coatings industry worldwide is expected to reach a projected revenue of US$ 252.7 million by 2030. A compound annual growth rate of 5.4% is expected of the worldwide zero friction coatings industry from 2022 to 2030.
Revenue, 2021 (US$M)
$158.1
Forecast, 2030 (US$M)
$252.7
CAGR, 2022 - 2030
5.3%
Report Coverage
Worldwide
Global zero friction coatings market, 2018-2030 (US$M)
Related Markets
Global zero friction coatings market highlights
- The global zero friction coatings market generated a revenue of USD 158.1 million in 2021 and is expected to reach USD 252.7 million by 2030.
- The market is expected to grow at a CAGR (2022 - 2030) of 5.4% by 2030.
- In terms of segment, molybdenum disulfide accounted for a revenue of USD 82.6 million in 2021.
- Molybdenum Disulfide is the most lucrative type segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2021.
- Country-wise, South Africa is expected to register the highest CAGR from 2022 to 2030.
Global data book summary
| Market revenue in 2021 | USD 158.1 million |
| Market revenue in 2030 | USD 252.7 million |
| Growth rate | 5.4% (CAGR from 2021 to 2030) |
| Largest segment | Molybdenum disulfide |
| Fastest growing segment | Molybdenum Disulfide |
| Historical data covered | 2018 - 2020 |
| Base year for estimation | 2021 |
| Forecast period covered | 2022 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Polytetrafluoroethylene, Molybdenum Disulfide |
Other key industry trends
- In terms of revenue, the North America accounted for 26.4% of the global zero friction coatings market in 2021.
- By country, the China is projected to lead the global market in terms of revenue in 2030.
- By country, South Africa is the fastest growing regional market and is projected to reach USD 1.3 million by 2030.
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Zero Friction Coatings Market Scope
Zero friction coatings market segmentation & scope
Zero Friction Coatings Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global zero friction coatings market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to zero friction coatings market will help companies and investors design strategic landscapes.
molybdenum disulfide was the largest segment with a revenue share of 52.25% in 2021. Horizon Databook has segmented the Global zero friction coatings market based on polytetrafluoroethylene, molybdenum disulfide covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Zero Friction Coatings Type Outlook (Revenue, USD Million, 2018-2030)
- Polytetrafluoroethylene
- Molybdenum Disulfide
- Others
- Global Zero Friction Coatings Formulation Outlook (Revenue, USD Million, 2018-2030)
- Solvent-based Coatings
- Water-based Coatings
- Powder Coatings
- Global Zero Friction Coatings End-Use Outlook (Revenue, USD Million, 2018-2030)
- Automobile & Transportation
- Aerospace
- General Engineering
- Food & Healthcare
- Energy
- Others
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Our clientele includes a mix of zero friction coatings market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global zero friction coatings market , including forecasts for subscribers. This global databook contains high-level insights into Global zero friction coatings market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global zero friction coatings market statistics, by regions, 2018-2030 (US$M)
Top 10 countries: Zero friction coatings market size, 2021 (USD Million)
Top 10 countries: Zero friction coatings market size, 2021 (USD Million)
Global zero friction coatings market, by region, 2021 (US$M)
Related regional statistics
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