"Executive Summary Middle East and Africa Anti-Friction Coatings Market Size, Share, and Competitive Landscape
Data Bridge Market Research analyses that the market is growing at a CAGR of 6.8 % in the forecast period of 2020 to 2028 and expected to reach USD 75,882.72 thousand by 2028.
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Middle East and Africa Anti-Friction Coatings Industry Landscape
Segments
The Middle East and Africa anti-friction coatings market is segmented based on formulation type, coating type, end-use industry, and country. In terms of formulation type, the market is divided into water-based, solvent-based, and powder-based coatings. Among these, water-based coatings are gaining traction due to their environmental friendliness and low volatile organic compound (VOC) content. When it comes to coating type, the market includes epoxy coatings, PTFE coatings, silicone coatings, and others. Epoxy coatings are widely used in industrial applications due to their excellent adhesion and chemical resistance. The end-use industries driving the demand for anti-friction coatings in the region include automotive, industrial, marine, aerospace, and others. The automotive sector particularly stands out as a key consumer of anti-friction coatings for components such as engine parts and bearings. Geographically, the market is analyzed across countries such as Saudi Arabia, UAE, South Africa, Nigeria, Egypt, and the rest of Middle East & Africa.
Market Players