Type (Polytetrafluoroethylene, Molybdenum Disulphide)
The molybdenum disulphide segment is estimated to hold 60% share of the global zero friction coatings market in the year 2037. The growth of the segment can be attributed to the enhanced capacity of the molybdenum disulphide to carry a heavy load and even these types of coatings have better adherence properties. MoS2 has a friction coefficient of around and it is a dry film lubricant that restricts fretting and improves the wear life at even high ranges of temperatures from -350 F to +500 F. Besides this, the growing use of MoS2 in automobiles and industrial machinery has further stimulated the segment’s growth. MoS2 do not react with corrosive chemicals and is thus used as an anti-corrosive in essential machinery components
End User (Aerospace, Automobile, General Engineering, Food & Healthcare, Energy)
Zero friction coatings market from the automobile segment is expected to garner a significant share of around 40% in the year 2037. The segment's growth can be linked to their capacity to minimize noise, which makes them perfect for automotive applications where they are utilized to reduce compartment noise, which is a necessity in cars these days. The advent of new electric vehicles has boosted the demand for zero friction coatings because these vehicles are extremely silent and have zero tailpipe noise which is beneficial for the environment. Therefore, the rising use of electric vehicles is going to drive the segment’s growth. The worldwide electric vehicle fleet is predicted to have 77 million passenger vehicles by 2025, an increase from around 20 million units in mid-year 2022.
Our in-depth analysis of the global zero friction coatings market includes the following segments:
Type |
|
Formulation Outlook |
|
End User |
|
Author Credits: Abhishek Verma
Copyright © 2024 Research Nester. All Rights Reserved
FREE Sample Copy includes market overview, growth trends, statistical charts & tables, forecast estimates, and much more.
Have questions before ordering this report?