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Analysis of COVID-19 Crisis-driven Growth Opportunities Global Market Study on Dry Films Lubricants
Dry Films Lubricants
Dry film lubricants reduce friction between two sliding surfaces, while functioning at high operating pressure and temperature without the need for oils and greases. These lubricants offer long-lasting lubrication, protection from corrosion, and resistance to wear and tear.
Dry film lubricants can operate at temperatures of up to 350°C in oxidizing environments and up to 1100°C in non-oxidizing environments. These lubricants are made from materials such as Polytetrafluoroethylene (PTFE), boron nitride, graphite, molybdenum disulfide (MoS2), and tungsten disulfide. Molybdenum disulfide (MoS2) is the common material used for making dry film lubricants.
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Key Drivers and Restraints of Dry Film Lubricants Market
Dry film lubricants are extensively employed in automobile and manufacturing industries
Major manufacturers have started setting up production bases in India, led by initiatives such as ‘Make in India’ by the Government of India. This has resulted in rapid industrialization, thereby boosting the demand for dry film lubricants in various heavy industries and the automobile sector. However, regulations imposed on perfluorooctanoic acid and perfluorooctane sulfonate, which are used in emulsion polymerization of polytetrafluoroethylene, are estimated to hamper the PTFE based dry film lubricants market in the near future.
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Dry Film Lubricants Market: Segments
The dry film lubricants market can be segmented based on material and end-use industry
Based on material, the global dry film lubricants market can be divided into polytetrafluoroethylene (PTFE), molybdenum disulfide (MoS2), tungsten disulfide, boron nitride, and graphite. Molybdenum disulfide can offer a low coefficient of friction of up to 0.05. It is thermally stable up to 404°C in an oxidizing environment. Molybdenum disulfide (MoS2) is ideal for high-pressure applications such as hydraulics, gears, fasteners, acme screws, threaded joints, and anchor bolts. Molybdenum disulfide (MoS2) is often used in different automobile systems such as constant-velocity joint, steering linkage, wheel bearing, pedal shafts, ball joints, and control arms.
In terms of end-use industry, the global dry film lubricants market can be segregated into automobile, transportation, heavy industries, marine, defense, and others. Graphite-based dry film lubricants are used in ball bearings, railway track joints, brass instrument valves, gearboxes, transmission components, etc.
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Asia Pacific to Dominate Dry Film Lubricants Market
In terms of geography, the global dry film lubricants market can be classified into North America, Latin America, Asia Pacific, Europe, and Middle East & Africa
Demand for dry film lubricants is likely to increase significantly in Asia Pacific during the forecast period, owing to the rise in demand for these lubricants in automobile and manufacturing industries in the region. India and China manufacture approximately 50% of cars in the world. As a result, these countries consume approximately 35% to 40% of dry film lubricants used for automobiles globally. Major automobile manufacturers such as Kia, Daimler, Audi, Jeep, and Volvo have established manufacturing bases or are planning to start new facilities in Asia Pacific. The region is expected to offer substantial opportunities to the dry film lubricants market due to the rapid growth in industrialization.
North America is yet another potentially lucrative region, fueled by several government initiatives to support research on the dry film lubricants market. A number of start-up companies in the region have made a foray into the dry film lubricants market.
The dry film lubricants market in Middle East & Africa is estimated to expand at a sluggish pace during the forecast period
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