Press release
Anti-Seize Compounds Market is Attribute to Reach US$ 165 Million Revenues by 2030
Anti-Seize Compounds Market
The anti-seize compounds market is poised to surpass US$ 165 Mn by 2030, and is anticipated to grow at a CAGR of 4% during the forecast period. Increased application scope of copper and zinc/aluminium anti-seize compounds in automotive and transportation has driven the anti-seize compounds market over the historical period.
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How will Anti-Seize Compounds Sales Grow in 2021 and Beyond
The Anti-Seize Compounds industry report tracks short-term and long-term growth, offering readers analysis they can use immediately to formulate their strategies. Overall, demand for Anti-Seize Compounds will be heavily influenced by broader developments in the chemicals sector.
The Chemical Activity Barometer has shown a stable streak, which is indicative of an ascendancy in US chemicals sector. However, the US chemicals sector growth will depend to a large extent on how end-use industries fare.
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Traditionally, demand from automotive sector has been key to chemical demand. The US automotive sector is set to recover in 2021 with sales expected to be in the range of 15.5 million to 16 million.
Housing is another key demand generator for chemicals sector. The record low mortgage rates have led to momentum in the US housing sector, but it will remain to be seen whether an increase subdues the enthusiasm. The European chemical sector is also set to recover in 2021, after contracting by 2% in 2020. Recovery is likely to be sustained with a growth of 2% also expected in 2022.
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Growth of chemicals sector in Asia Pacific will also contribute to overall recovery. The resurgence of a virulent variant in India has taken the sheen away from the recovery made in 2021, but other economies in the region continue to be on the path to recovery.
The chemical sector in Japan and South Korea is also shifting toward use of green chemicals. Regulation, combined with evolving demand of end-users, is creating a market scenario that is conducive to green chemicals.
Key Anti-Seize Compounds Market Segments
By Grade Type, the key segments include,
• Silver Grade
• Marine Grade
• Regular Grade
• Special Purpose Anti-seize Grade
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Competitive Landscape
The Fact.MR study profiles the business, product and other key strategies of the leading Anti-Seize Compounds companies in detail. The competitive landscape section of the study tracks market leaders, incumbents, and aspirants, laying out a layered information model that readers can use.
Key Regions Analyzed
• North America
• Latin America
• Europe
• Asia-Pacific
• Middle East & Africa
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Key Country-wise Inclusions
• US Anti-Seize Compounds Market
• Canada Anti-Seize Compounds Sales
• Germany Anti-Seize Compounds Production
• UK Anti-Seize Compounds Industry
• France Anti-Seize Compounds Market
• Spain Anti-Seize Compounds Supply-Demand
• Italy Anti-Seize Compounds Outlook
• Russia & Cis Market Analysis
• China Anti-Seize Compounds Market Intelligence
• India Anti-Seize Compounds Demand Assessment
• Japan Anti-Seize Compounds Supply Assessment
• ASEAN Anti-Seize Compounds Market Scenario
• Brazil Anti-Seize Compounds Sales Analysis
• Mexico Anti-Seize Compounds Sales Intelligence
• GCC Anti-Seize Compounds Market Assessment
• South Africa Anti-Seize Compounds Market Outlook
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