Zero Friction Coatings Market Size

  • Report ID: 5277
  • Published Date: Oct 09, 2024
  • Report Format: PDF, PPT

Zero Friction Coatings Market Size

Zero Friction Coatings Market size was over USD 926.87 million in 2024 and is expected to exceed USD 1929 million by the end of 2037, growing at over 5.8% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of zero friction coatings is evaluated at USD 969.88 million.

The growth of the market can be attributed to the growing need to increase the life of components across various industries. The increased demand for zero friction coatings can be owed to their greasing and corrosion-protecting characteristics. The product allows surfaces to come into contact with each other, resulting in less component degradation. It extends component wear life in industries such as automotive, energy, and aerospace.

In addition to these, the factor that is believed to fuel the market growth of zero friction coatings is rising manufacturing and industrialization. Growing industrialization has resulted in the growing need for machinery equipment in all sectors, such as manufacturing, aerospace, energy, and others. This has boosted the importance of productivity, durability, and efficiency of these machines. Zero friction coatings addressed all these requirements by minimizing the friction between the components of the machines.


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Author Credits:  Abhishek Verma


  • Report ID: 5277
  • Published Date: Oct 09, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of zero friction coatings is evaluated at USD 969.88 million.

The zero friction coatings market size was over USD 926.87 million in 2024 and is expected to exceed USD 1929 million by the end of 2037, growing at over 5.8% CAGR during the forecast period i.e., between 2025-2037. Increasing demand for new automobiles and the rising need to improve the efficiency of industrial machinery will drive the market growth.

Asia Pacific industry is expected to account for largest revenue share 37% by 2037, impelled by rising automotive industry in the region.

The major players in the market are PPG Industries, Inc., The FUCHS Group, Peoton Industries, Endura Coatings, DuPont, VITRACOAT, ASV Multichemie Private Limited, GMM Coatings Private Limited, IKV Tribology Ltd., and Carl Bechem GmbH.
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