Anti-seize Compounds Market is expected to reach a valuation of US$ 236 Mn by 2029

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. Increasing urbanization and rapid industrialization are creating massive opportunities for the construction industry, and significantly contributing to the rising demand for anti-seize compounds.

According to the latest report by FMI, the global anti-seize compounds market is expected to reach a valuation of US$ 236 Mn by 2029.

“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.”

Get a Sample Copy of Report: 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 protection of the environment and prevention of soil contamination has restricted the use of metallic anti-seize compounds on a global scale. Moreover, users are preferring nonmetallic anti-seize compounds over metallic ones, owing to their high cost.

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. 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 players such as Anti-Seize Technology, Henkel AG & Company, KGaA, Permatex, Inc., DuPont, Bostik, SAF-T-LOK International Corporation, FUCHS, Calumet Specialty Products Partners, 3M Company, CSW Industrials, Inc., and others are also focusing on marking their direct presence in local markets.

Request a Complete TOC of this Report with figures: https://www.futuremarketinsights.com/toc/rep-gb-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

End Use

  • Automotive & Transportation
  • Construction Equipment
  • Aircraft
  • Mining Equipment
  • Food Processing Equipment
  • Marine
  • Power Generation

Region

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • Middle East & Africa

Want to Know More?

Future Market Insights has published a market research report on the anti-seize compounds market that contains global industry analysis of 2014–2018 and opportunity assessment for 2019–2029. The report provides insightful analysis of the anti-seize compounds market through five different segments- grade type, sales channel, container type, end user, and region. The anti-seize compounds market report also provides demand trends of different types across industry verticals, a comprehensive list of service providers in the market, various projects around the world, along with a detailed overview of the parent market.

Ask Us Your Questions About This Report: https://www.futuremarketinsights.com/ask-question/rep-gb-7203

About Future Market Insights (FMI)

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, and has delivery centers in the UK, U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

Contact:
Corporate Headquarter
Future Market Insights,
1602-6 Jumeirah Bay X2 Tower,
Plot No: JLT-PH2-X2A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
Website: https://www.futuremarketinsights.com

Leave a Comment

%d bloggers like this: