Market Overview:
The global PTFE-based dry film lubricants market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for PTFE-based dry film lubricants from various end-use industries, such as industrial, aerospace, automobile, oil and gas, and others. In terms of volume, the global PTFE-based dry film lubricants market is projected to reach 1.2 million tons by 2030. In terms of type, the liquid segment is expected to lead the global PTFE-based dry film lubricants market during the forecast period from 2018 to 2030.
Product Definition:
PTFE-based dry film lubricants are coatings that are applied to metal surfaces in order to improve their lubrication. They work by creating a thin film of PTFE on the surface of the metal, which helps to reduce friction and wear. This makes them ideal for use in applications where high levels of friction are present, such as bearings, gears, and chains.
Liquid:
The global liquid market is expected to witness significant growth over the forecast period. The key drivers for the industry are growing demand from end-use industries such as automotive, aerospace and construction coupled with technological advancements in terms of enhanced lubrication properties offered by liquid products.
Growing population coupled with increasing disposable income has led to an increase in consumer goods demand which is further likely to augment industry growth over the next seven years.
Spary:
Spary is a process to introduce gas into the polymer matrix during the processing of polymer. It helps in increasing the molecular weight of polymers and also improves their toughness. The higher toughness of sparyed polymers leads to better wear resistance, tensile strength, and flexural modulus.
Application Insights:
The industrial application segment led the global PTFE-based dry film lubricants market in 2017 and is projected to witness significant growth over the forecast period. The segment will expand further at a steady CAGR owing to rising demand for dry film lubricants from various industries including chemical, petrochemical, power generation and transportation. In addition, factors such as growing industrialization in developing countries of Asia Pacific and Latin America are expected to boost product demand over the forecast period.
Aerospace is another key application segment where PTFE-based dry films are used for maintenance purposes on a daily basis by airlines across all major airports globally due to its superior properties such as non-contamination & non-toxicity which has resulted in increased utilization of these products on an ongoing basis. This trend is expected to continue with new aircraft types coming up every year which require more frequent maintenance services leading to higher product consumption over the next few years.
Regional Analysis:
Asia Pacific was the leading regional market in 2017 and is anticipated to witness significant growth over the forecast period. The region comprises several emerging economies, such as China, India, and Japan. Growing industrialization coupled with increasing foreign investments in these countries has resulted in an increased demand for PTFE-based dry film lubricants from various application industries.
The Asia Pacific market is expected to grow at a CAGR of XX% from 2018 to 2030 owing to high product demand from machinery manufacturing and automotive sectors due to low maintenance cost associated with them. In addition, growing oil & gas industry mainly across China and India are expected drive product demand over the next eight years.
Growth Factors:
- Increasing demand from the automotive and aerospace industries for high-performance lubricants that offer superior wear protection and low friction
- Growing popularity of PTFE-based dry film lubricants in metalworking applications, thanks to their ability to reduce friction, heat buildup, and tool wear
- Rising demand for environmentally friendly products that can replace traditional petroleum-based lubricants without compromising performance
- Advances in coating technology that have made PTFE-based dry film lubricants more durable and resistant to abrasion
- Growing awareness of the benefits of using PTFE-based dry film lubricants among industrial users
Scope Of The Report
Report Attributes
Report Details
Report Title
PTFE-Based Dry Film Lubricants Market Research Report
By Type
Liquid, Spary, Others
By Application
Industrial, Aerospace, Automobile, Oil and Gas, Others
By Companies
Sumico Lubricant, Curtiss-Wright, Yale Synthlube Industries, Kluber, CRC Industries, Description, Indestructible Paint, Sumico Lubricant
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
182
Number of Tables & Figures
128
Customization Available
Yes, the report can be customized as per your need.
Global PTFE-Based Dry Film Lubricants Market Report Segments:
The global PTFE-Based Dry Film Lubricants market is segmented on the basis of:
Types
Liquid, Spary, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Industrial, Aerospace, Automobile, Oil and Gas, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Sumico Lubricant
- Curtiss-Wright
- Yale Synthlube Industries
- Kluber
- CRC Industries
- Description
- Indestructible Paint
- Sumico Lubricant
Highlights of The PTFE-Based Dry Film Lubricants Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Liquid
- Spary
- Others
- By Application:
- Industrial
- Aerospace
- Automobile
- Oil and Gas
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the PTFE-Based Dry Film Lubricants Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
PTFE-based dry film lubricants are a type of lubricant that is made from polytetrafluoroethylene (PTFE). PTFE is a synthetic material that has many properties that make it an ideal lubricant. These properties include its resistance to heat and oil separation, which makes it a good choice for use in dry films.
Some of the major players in the ptfe-based dry film lubricants market are Sumico Lubricant, Curtiss-Wright, Yale Synthlube Industries, Kluber, CRC Industries, Description, Indestructible Paint, Sumico Lubricant.
The ptfe-based dry film lubricants market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 PTFE-Based Dry Film Lubricants Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 PTFE-Based Dry Film Lubricants Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 PTFE-Based Dry Film Lubricants Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the PTFE-Based Dry Film Lubricants Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global PTFE-Based Dry Film Lubricants Market Size & Forecast, 2018-2028 4.5.1 PTFE-Based Dry Film Lubricants Market Size and Y-o-Y Growth 4.5.2 PTFE-Based Dry Film Lubricants Market Absolute $ Opportunity
Chapter 5 Global PTFE-Based Dry Film Lubricants Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 PTFE-Based Dry Film Lubricants Market Size Forecast by Type
5.2.1 Liquid
5.2.2 Spary
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global PTFE-Based Dry Film Lubricants Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 PTFE-Based Dry Film Lubricants Market Size Forecast by Applications
6.2.1 Industrial
6.2.2 Aerospace
6.2.3 Automobile
6.2.4 Oil and Gas
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global PTFE-Based Dry Film Lubricants Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 PTFE-Based Dry Film Lubricants Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America PTFE-Based Dry Film Lubricants Analysis and Forecast
9.1 Introduction
9.2 North America PTFE-Based Dry Film Lubricants Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America PTFE-Based Dry Film Lubricants Market Size Forecast by Type
9.6.1 Liquid
9.6.2 Spary
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America PTFE-Based Dry Film Lubricants Market Size Forecast by Applications
9.10.1 Industrial
9.10.2 Aerospace
9.10.3 Automobile
9.10.4 Oil and Gas
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe PTFE-Based Dry Film Lubricants Analysis and Forecast
10.1 Introduction
10.2 Europe PTFE-Based Dry Film Lubricants Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe PTFE-Based Dry Film Lubricants Market Size Forecast by Type
10.6.1 Liquid
10.6.2 Spary
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe PTFE-Based Dry Film Lubricants Market Size Forecast by Applications
10.10.1 Industrial
10.10.2 Aerospace
10.10.3 Automobile
10.10.4 Oil and Gas
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific PTFE-Based Dry Film Lubricants Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific PTFE-Based Dry Film Lubricants Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific PTFE-Based Dry Film Lubricants Market Size Forecast by Type
11.6.1 Liquid
11.6.2 Spary
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific PTFE-Based Dry Film Lubricants Market Size Forecast by Applications
11.10.1 Industrial
11.10.2 Aerospace
11.10.3 Automobile
11.10.4 Oil and Gas
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America PTFE-Based Dry Film Lubricants Analysis and Forecast
12.1 Introduction
12.2 Latin America PTFE-Based Dry Film Lubricants Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America PTFE-Based Dry Film Lubricants Market Size Forecast by Type
12.6.1 Liquid
12.6.2 Spary
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America PTFE-Based Dry Film Lubricants Market Size Forecast by Applications
12.10.1 Industrial
12.10.2 Aerospace
12.10.3 Automobile
12.10.4 Oil and Gas
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) PTFE-Based Dry Film Lubricants Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) PTFE-Based Dry Film Lubricants Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) PTFE-Based Dry Film Lubricants Market Size Forecast by Type
13.6.1 Liquid
13.6.2 Spary
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) PTFE-Based Dry Film Lubricants Market Size Forecast by Applications
13.10.1 Industrial
13.10.2 Aerospace
13.10.3 Automobile
13.10.4 Oil and Gas
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 PTFE-Based Dry Film Lubricants Market: Competitive Dashboard
14.2 Global PTFE-Based Dry Film Lubricants Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Sumico Lubricant
14.3.2 Curtiss-Wright
14.3.3 Yale Synthlube Industries
14.3.4 Kluber
14.3.5 CRC Industries
14.3.6 Description
14.3.7 Indestructible Paint
14.3.8 Sumico Lubricant