Latin America Zero Friction Coatings Market Size & Outlook
Latin America zero friction coatings market, 2018-2030 (US$M)
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Latin America zero friction coatings market highlights
- The Latin America zero friction coatings market generated a revenue of USD 9.6 million in 2021.
- The market is expected to grow at a CAGR of 4.9% from 2022 to 2030.
- In terms of segment, molybdenum disulfide was the largest revenue generating type in 2021.
- Molybdenum Disulfide is the most lucrative type segment registering the fastest growth during the forecast period.
- Country-wise, Colombia is expected to register the highest CAGR from 2022 to 2030.
Latin America data book summary
| Market revenue in 2021 | USD 9.6 million |
| Market revenue in 2030 | USD 14.7 million |
| Growth rate | 4.9% (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 |
| Key market players worldwide | DuPont de Nemours Inc, Endura Coatings, Vitracoat, Poeton, CARL BECHEM GMBH, ASV Multichemie, GMM Nonstick Coatings, IKV Group |
Other key industry trends
- In terms of revenue, Latin America region accounted for 6.0% of the global zero friction coatings market in 2021.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 111.6 million by 2030.
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Zero Friction Coatings Market Scope
Zero Friction Coatings Market Companies
| Name | Profile | # Employees | HQ | Website |
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Latin America 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 51.04% in 2021. Horizon Databook has segmented the Latin America zero friction coatings market based on polytetrafluoroethylene, molybdenum disulfide covering the revenue growth of each sub-segment from 2018 to 2030.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America zero friction coatings market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America zero friction coatings market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America zero friction coatings market size, by country, 2018-2030 (US$M)
Latin America Zero Friction Coatings Market Outlook Share, 2021 & 2030 (US$M)
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