Chemicals and Materials Low Friction Coatings Market New | Page 2

the automotive industry is expected to witness high growth, due to their increasing use to
improve fuel efficiency.
The growing demand for low friction coatings from China and India is expected to be
a key factor for the growth of the market in Asia-Pacific
The Low Friction Coatings Market is expected to witness growth in near future, due to
rapid growth in end-use industries, including automobile & transportation, food &
healthcare, and general engineering. Asia-Pacific is one of the fastest-growing markets for
several manufacturing industries, which has fueled the demand for low friction coatings in
the region. Emerging economies such as China and India are attracting large investments
from various manufacturers across the globe.
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Growing automobile industry has led to increasing demand for low friction coatings,
globally. Asia-Pacific is one of the fastest-growing markets for several manufacturing
industries, which has fueled the demand for low friction coatings in the region. India is
expected to be the fastest-growing market for low friction coatings during the forecast
period. Key manufacturers in the market include Dow Corning Corporation (U.S.), The
Chemours Company (U.S.), Whitford Corporation (U.S.), BECHEM (Germany), Endura
Coatings (U.S.), and Poeton Industries (U.K.).
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