The market insights and analysis covered in Middle East and Africa Anti-Friction Coatings market research report are based upon SWOT analysis on which businesses can believe assertively. The report provides comprehensive explanation of market definition, market segmentation, competitive analysis and key developments in the Middle East and Africa Anti-Friction Coatings industry. This market research study presents actionable market insights with which sustainable and money-spinning business strategies can be created. A credible marketing report is structured with the most excellent and sophisticated tools of collecting, recording, estimating and analysing market data. Thus, the finest Middle East and Africa Anti-Friction Coatings report makes businesses to focus on the more important aspects of the market.
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Data Bridge Market Research analyses that the market is growing at a CAGR of 6.7% in the forecast period of 2021 to 2028 and expected to reach USD 2,699.88 million by 2028. Increasing demand of oil industry on advanced composites among manufacturers are the factors for the market growth.
Anti-Friction coatings are a type of lubricant solutions that are similar in formulation to common industrial paints. They comprise solid lubricants and resins as solvents. The main components of solid lubricants are molybdenum disulphide, Polytetrafluoroethylene (PTFE), and graphite. Anti-friction coatings are used as dry lubricants in the automotive industry.
The major players covered in the report TEIJIN LIMITED, Mitsubishi Chemical Holdings Corporation, Koninklijke Ten Cate bv., Huntsman International LLC, Solvay, Hexcel Corporation, Hexion, BASF SE, DuPont, Honeywell International Inc., Henkel AG & Co. KGaA, SGL Carbon, HYOSUNG CHEMICAL, Owens Corning, Formosa Plastics Corporation, Strata Manufacturing PJSC, Renegade Materials Corporation, Advanced Composites Inc, Airborne, among other players domestic and global. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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Middle East and Africa Anti-Friction Coatings Market Scope and Market Size:
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