ACCESS Newswire
11 Aug 2020, 18:35 GMT+10
Anti-seize compound manufacturers are highly invested in heat resistant, food and military grade product offerings as major revenue generators, owing to sustained sales through the crisis period.
ROCKVILLE, MD / ACCESSWIRE / August 11, 2020 / The anti-seize compounds market is expected to grow at a moderate 4% CAGR between the period of forecast from 2020 to 2030. The ongoing pandemic of the covid-19 virus will have an adverse impact on the global demand for anti-seize compounds. Aerospace, automotive, and marine grade products will witness a slump as lockdown measures restrict activities in these industries. However, food grade compounds will continue to witness steady demand, partially alleviating losses.
'Construction and mining industry applications are expected to boost market developments following the end of the pandemic. Rising investments in these industries particularly in countries such as India, Indonesia, and China will remain key contributors to growth in the industry' says the FACT.MR report.
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Anti-Seize Compounds Market- Key Takeaways
Anti-Seize Compounds Market- Driving Factors
Anti-Seize Compounds Market- Major Restraints
COVID-19 Impact on Anti-Seize Compounds Market
The coronavirus pandemic is projected to adversely affect the anti-seize compounds market, following the suspension of industrial activities in multiple verticals, through lockdown regulations. Further, the fluctuation in the prices of crude oil during the crisis period will hurt industry developments. Recovery of the industry is expected to be gradual even after lockdown restrictions are lifted with lack of new orders in the months to come.
Explore the global Anti-Seize Compounds Market with 206 figures, 86 data tables, along with the table of contents of the report. You can also find detailed segmentation on
https://www.factmr.com/report/4794/anti-seize-compounds-market
Competitive Landscape
CSW Industrials Inc., Henkel AG & Co., 3M DuPont, Calumet Specialty Products Partners, Bostik, and FUCHS are some of the leading players participating in the anti-seize compounds market.
Anti-seize compound market players are increasingly pushing towards product development and launch for extreme pressure and temperature applications, in industrial and military applications.
For example, Henkel Corp. has announced the receipt of MIL-PRF-907F qualification from the Department of the Navy for copper and petroleum based anti-seize products for military spec applications. CSW Industrials has launched a molybdenum based anti-seize compound for water-resistant, extreme pressure applications. Further, Whitmore Manufacturing LLC has unveiled 550 Extreme All Weather, non-metallic anti-seize compound, primarily aimed towards petrochemical plant maintenance applications.
About the Report
This study offers readers a comprehensive market forecast of the anti-seize compounds market. Global, regional and country-level analysis of the top industry trends impacting the anti-seize compounds market is covered in this FACT.MR study. The report offers insights on the anti-seize compounds market on the basis of grade type (silver, nickel, food, marine, copper, regular, nuclear, non-metallic, zinc/aluminum, and special purpose), sales channel (online and offline) container type (can, cartridge, drum, and others) and end use (automotive & transportation, construction, aircraft, mining equipment, food processing, valve assembly, power generation, oil exploration, steel foundry, petrochemical, textile, and auxiliary) across six regions (North America, Latin America, Europe, East Asia, South Asia & Oceania, and MEA).
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About Fact.MR
Expert analysis, actionable insights, and strategic recommendations of the veteran research team at FACT.MR helps clients from across the globe with their unique business intelligence requirements. With a repository of over a thousand reports and 1 million+ data points, the team has scrutinized the chemical & materials sector across 50+ countries for over a decade. The team provides unmatched end-to-end research and consulting services.
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SOURCE: Fact.MR
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