Anti-Seize Compounds Market Segmentation:
Type Segment Analysis
The global anti-seize compounds market is segmented and analyzed for demand and supply by type into copper and graphite based, aluminum, copper and graphite based, nickel and graphite based, molybdenum based, non-metallic, and others. Out of these types, the aluminum, copper, and graphite based segment are estimated to gain the largest market share of about 28% in the year 2035. The growth of the segment can be attributed to the increasing use of aluminum, copper, and graphite based materials in the manufacturing automotive sector. Graphite utilization is increasing in the electronics and electrical industries owing to the high-temperature resistance and electrical conductivity nature. An increasing number of textile industries that manufacture heavy machinery and equipment is also estimated to boost market growth during the forecast period. As per the estimations, the export value of fiber, apparel, and textile in the year 2021 was more than USD 30 billion in the U.S.
End-user Segment Analysis
The global anti-seize compounds market is also segmented and analyzed for demand and supply by end-user into food and beverages, automotive, power generation, construction, oil and gas, and others. Amongst these segments, the oil and gas segment is expected to garner a significant share of around 26% in the year 2035. The increasing need for pipelines and equipment that are designed to resist high corrosion caused by acids, chemicals, and oxidizing agents is estimated to drive market growth. The market growth is attributed to the growing demand for oil and gas across the world for various purposes. The rising use of gas for household applications, heaters, machinery, vehicles, and electricity production is anticipated to fuel the market growth. Further, the demand for oil and oil products in the preparation of soaps, toothpaste, shaving creams, deodorant, shampoo, and perfumes is also estimated to increase the market growth in the coming years. The release of harmful gases as the by-product of oil distillation is expected to cause corrosion and damage to the chambers and pipelines.
Our in-depth analysis of the global market includes the following segments:
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By Type |
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By End User |
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