The impact of the COVID-19 outbreak has compelled several manufacturers and industries to rethink their operations to gradually recover from the losses incurred for years to come. The organic chemicals industry suffered a huge setback due to halted production and a limited supply of raw materials.
The report offers actionable and valuable market insights of Anti-Seize Compounds. The latest report by Fact.MR provides details on the present scenario of the market across various regions along with the historic data and forecast of the market. The report also includes information on the sales and demand of Anti-Seize Compounds Market across various industries and regions.
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The global anti-seize compounds market has witnessed steady growth at a CAGR of 3.5% over the past half-decade. However due to the ongoing outbreak of COVID-19, the market has generated a sharp decline in demand for fiscal year 2020. Post this timeframe, with the resurrection in global demand, the anti-seize compounds market is forecast to witness an upswing at a CAGR of 4% during the forecast period (2020-2030).
The market study done by Fact.MR gives exclusive information about how the market will grow. The study identifies crucial trends that are determining the growth of Anti-Seize Compounds market. This newly published report sheds light on vital dynamics, such as the drivers, restraints, and opportunities for key market players as well as emerging players associated with the production and supply. The latest report by Fact.MR provides detailed Market Analysis of Anti-Seize Compounds
This newly published and insightful report sheds light on Market Insights of Anti-Seize Compounds, key dynamics, their impact on the overall value chain from suppliers to end-users and Growth of Anti-Seize Compounds Market.
The study offers a comprehensive analysis on diverse features including production capacities, demand, product developments, revenue generation and sales in anti-seize compounds market across the globe.
A comprehensive estimate on anti-seize compounds market has been provided through an optimistic scenario as well as a conservative scenario, taking into account the sales of anti-seize compounds during the forecast period. Price point comparison by region with global average price is also considered in the study.
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Anti-Seize compounds Market Segmentation
Fact.MR has studied the Anti-seize compounds market with detailed segmentation on the basis of grade, sales channel, container type and end-user and key regions.
- 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
- Automotive & Transportation
- Construction Equipment
- Mining Equipment
- Food Processing Equipment
- Valve Assembly
- Power Generation
- Oil Exploration Equipment
- Steel Foundry
- Textile Equipment
- Auxiliary Equipment
- North America
- Latin America
- East Asia
- South Asia & Oceania
- Middle East & Africa
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Global Anti-Seize Compounds Market Manufacturers: Key Strategies
The global anti-seize compounds market is fairly fragmented in nature. Henkel AG & Company, KGaA, DuPont, Bostik, FUCHS, Calumet Specialty Products Partners, 3M, CSW Industrials, Inc. are among the Tier 1 players. Together, they are anticipated to account for more than 60% of the global market share in 2020.
The key manufacturers are involved in material research, manufacturing technological automation, and productivity enhancement. Prominent manufacturers have also showcased their inorganic strategies. For instance, In August 2017, Fuchs acquired VDV Lubricants n.v., a specialist in glass lubricant technology, in efforts to strengthen the global footprint of its lubricants’ business across the regions.
Key Takeaways of Global Anti-seize compounds Market Study
- The global anti-seize compounds market is anticipated to create a value opportunity of around US$ 165 Mn during the forecast period, adding 1.5X times more value as compared to 2019
- Market fragmentation is set to affect the anti-seize compounds market by the end of 2030, with copper grade accounting for more than a quarter of the market. The copper grade is projected to grow at just over 5% CAGR, as it is utilized in significant quantities in almost all end-use industries
- The online sales segment is anticipated to lose around 60 BPS in the forecast period of 2020-2030
- By end-use, the oil exploration is set to grow at a moderate 3.8% during the forecast period of 2020-2030 and is set to gain 30 BPS through 2030
- East Asia holds the leading share and accounts for more than 2,500 tons of anti-seize compounds production to cater to the requisite demand from end-use industries in the same region
- North America and Europe are set to grow at a steady pace, together accounting for more than 40% demand share globally
- The global anti-seize compounds market is moderately fragmented in nature with Henkel AG & Company, KGaA, DuPont and Bostik as top contenders in the global market
“Price fluctuations and macroeconomic factors such as overall declining global output are set to contract the market growth owing to the COVID-19 pandemic”says a Fact.MR analyst.
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More Valuable Insights on Anti-Seize Compounds Market
Fact.MR, in its new report, offers an unbiased Market Analysis of Anti-Seize Compounds, Sales and Demand of Anti-Seize Compounds, analyzing forecast statistics through 2019 and beyond. The study reveals growth projections on the basis of various criteria.
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