According to the latest report by FMI, the global anti-seize compounds market is expected to reach a valuation of US$ 236.4 Million by 2029. Increasing urbanization and rapid industrialization are creating massive opportunities for the construction industry, and significantly contributing to the rising demand for anti-seize compounds.
Substantial growth in the anti-seize compounds market is mainly backed by the growth of the automotive & transportation industry, which holds a prominent share in the consumption of anti-seize compounds, closely followed by the petrochemical sector.
“In most end-use industries, galling or seizing can increase maintenance time, resulting in longer shutdowns or closure. Increasing use of anti-seize compounds has enabled end users to reduce maintenance cost as well as time, and has simultaneously offered an efficient solution for improving gasket performance.”
Elevate Your Business: Access Our Sample for Key Insights and Strategic Advantages: https://www.futuremarketinsights.com/reports/sample/rep-gb-7203
Key Takeaways of Anti-seize Compounds Market Study
- Anti-seize compounds serve almost all major end users, including automotive & transportation, petrochemicals, mining, and others. The industrial sector in Asia Pacific is growing substantially, thereby increasing the demand for anti-seize compounds in the region.
- Copper-grade anti-seize compounds find use in almost all end-use industries; hence, the segment is the most prominent amongst other grades. The nickel-grade anti-seize compounds segment is anticipated to grow at a substantial rate, as these are increasingly being preferred in industries such as petrochemicals, oil exploration, and other industries where chemicals are involved, on account of nickel’s inert nature.
- East Asia is a prominent market for anti-seize compounds and is expected to continue its dominance, owing to its strong industrial growth and high adoption of the product in the region.
- Increasing awareness about the need for the protection of the environment and the prevention of soil contamination has restricted the use of metallic anti-seize compounds on a global scale. Moreover, users prefer nonmetallic anti-seize compounds over metallic ones, owing to their high cost.
The market Landscape is Fairly Fragmented
The global anti-seize lubricants market is fairly fragmented, owing to a number of players holding small shares in the market. The top ten established players account for more than one-third of the total supply. Manufacturers are focusing on strengthening their partnerships with end users and original equipment manufacturers (OEMs).
Established players provide services to end users, which is an added advantage and will help them build relations for long-term supply.
Key Companies Profiled
- FUCHS
- Chevron Corporation
- Calumet Specialty Products Partners – Bel-Ray
- DuPont – Molykote
- 3M Company
- Henkel AG
- CSW Industrials, Inc.
- CRC Industries
- Anti-Seize Technology
- Permatex Inc.
- Saf-T-Lok International Corporation
- Bostik Inc.
Revolutionize Your Approach: Purchase the Report for Strategic Growth Insights! https://www.futuremarketinsights.com/checkout/7203
Anti-Seize Compounds Market Taxonomy
Grade
- Silver Grade
- Nickel Grade
- Food Grade
- Marine Grade
- Copper Grade
- Regular Grade
- Nuclear Grade
- Non-metallic Grade
- Zinc/Aluminum Grade
- Special Purpose Anti-seize Grade
Sales Channel
- Offline
- Online
Container Type
- Cans
- Cartridges
- Drums
- Other Containers
End Use
- Automotive & Transportation
- Construction Equipment
- Aircraft
- Mining Equipment
- Food Processing Equipment
- Marine
- Power Generation
- Oil Exploration Equipment
- Steel Foundry
- Petrochemicals
- Textile Equipment
- Others
By Region:
- North America
- Latin America
- Europe
- South Asia
- East Asia
- Oceania
- Middle East & Africa
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
Contact Us:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube