Zero Friction Coatings helps to reduce contact areas and thereby curbs friction to near zero. This results in a low-friction situation has the potential for significant cost savings because friction accounts for most of the energy loss in moving mechanical assemblies and wear accelerates mechanical failures.
The Zero Friction Coatings Market is anticipated to develop at tremendous CAGR over the following years. Based on type the market is segmented into PTFE-Based Coatings, MOS2 Based Coatings. On the basis of application, the market is segmented into Automobile & Transportation, Aerospace, Healthcare, Energy & Power, Oil & Gas, Others.
Fiction impedes the movement of all mechanical parts from motors, engines, etc. in transportation, power plants, oil refineries, and other facilities. Hence the usage of Zero Friction Coatings is developing in these industries.