Global Friction Materials Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast 2024 to 2032

Description

List of Tables

The global demand for Friction Materials Market is presumed to reach the market size of nearly USD 9.43 Billion by 2032 from USD 6.1 Billion in 2023 with a CAGR of 4.96% under the study period 2024-2032.

Friction materials are specialized composites used in applications where controlled friction is essential, such as brake pads, clutch facings, and industrial machinery. These materials are designed to provide consistent performance, durability, and heat resistance under various operating conditions. Typically made from a blend of organic, metallic, and ceramic components, these materials ensure reliable stopping power and longevity. They are critical in automotive, aerospace, and heavy machinery industries, where they contribute to the safety and efficiency of braking and motion control systems by managing the conversion of kinetic energy into thermal energy.

MARKET DYNAMICS

The friction materials market is witnessing robust growth driven by the increasing demand for high-performance braking systems in the automotive industry. As vehicles become faster and heavier, the need for advanced friction materials that can provide reliable stopping power and enhance safety is paramount. The growing emphasis on vehicle safety regulations and standards globally is pushing manufacturers to adopt superior materials. Additionally, the rise in the production of electric vehicles (EVs) is further fuelling the market, as EVs require specialized materials for their unique braking systems. The industrial sector also contributes to market growth, with machinery and equipment requiring effective materials to ensure seamless functionality and prevent wear and tear.

Furthermore, technological advancements in material science are leading to the development of more durable and efficient friction materials, which offer better performance and longer lifespan. The aerospace industry is another significant contributor, with aircraft requiring high-quality materials for critical components like brakes and clutches. However, stringent performance standards, environmental regulations, cost pressures, sustainability concerns, and fluctuating raw material prices may impact market growth.

The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of Friction Materials. The growth and trends of Friction Materials industry provide a holistic approach to this study.

MARKET SEGMENTATION

This section of the Friction Materials market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.

By Product Type

Metallic
Sinter Metallic
Low Metallic
Non-asbestos Organic
Ceramic
Others

By Business Type

Original Equipment
Aftersales/Aftermarket

By Application

Brakes
Disc Brakes
Drum Brakes
Others
Clutches
Others

By End-use

Automotive
Railway
Construction
Mining
Aerospace
Agriculture
Others

REGIONAL ANALYSIS

This section covers the regional outlook, which accentuates current and future demand for the Friction Materials market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.

The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Friction Materials market include Akebono Brake Industry Co. Ltd., Aisin Corporation, Robert Bosch GmbH, ACDelco, Asimco Technologies, EBC Brakes, ZF Friedrichshafen AG, Brake Parts Inc LLC, Brembo S.P.A., Nisshinbo Brake Inc. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.

In case you have any custom requirements, do write to us. Our research team can offer a customized report as per your need.

Product Code: VMR112114858

1. PREFACE

1.1. Report Description
- 1.1.1 Objective
- 1.1.2 Target Audience
- 1.1.3 Unique Selling Proposition (USP) & offerings
1.2. Research Scope
1.3. Research Methodology
- 1.3.1 Market Research Process
- 1.3.2 Market Research Methodology

2. EXECUTIVE SUMMARY

2.1. Highlights of Market
2.2. Global Market Snapshot

3. FRICTION MATERIALS - INDUSTRY ANALYSIS

3.1. Introduction - Market Dynamics
3.2. Market Drivers
3.3. Market Restraints
3.4. Opportunities
3.5. Industry Trends
3.6. Porter's Five Force Analysis
3.7. Market Attractiveness Analysis
- 3.7.1 Market Attractiveness Analysis By Product Type
- 3.7.2 Market Attractiveness Analysis By Business Type
- 3.7.3 Market Attractiveness Analysis By Application
- 3.7.4 Market Attractiveness Analysis By End-use
- 3.7.5 Market Attractiveness Analysis By Region

4. VALUE CHAIN ANALYSIS

4.1. Value Chain Analysis
4.2. Raw Material Analysis
- 4.2.1 List of Raw Materials
- 4.2.2 Raw Material Manufactures List
- 4.2.3 Price Trend of Key Raw Materials
4.3. List of Potential Buyers
4.4. Marketing Channel
- 4.4.1 Direct Marketing
- 4.4.2 Indirect Marketing
- 4.4.3 Marketing Channel Development Trend

5. GLOBAL FRICTION MATERIALS MARKET ANALYSIS BY PRODUCT TYPE

5.1. Overview By Product Type
5.2. Historical and Forecast Data Analysis By Product Type
5.3. Metallic Historic and Forecast Sales By Regions
5.4. Sinter Metallic Historic and Forecast Sales By Regions
5.5. Low Metallic Historic and Forecast Sales By Regions
5.6. Non-asbestos Organic Historic and Forecast Sales By Regions
5.7. Ceramic Historic and Forecast Sales By Regions
5.8. Others Historic and Forecast Sales By Regions

6. GLOBAL FRICTION MATERIALS MARKET ANALYSIS BY BUSINESS TYPE

6.1. Overview By Business Type
6.2. Historical and Forecast Data Analysis By Business Type
6.3. Original Equipment Historic and Forecast Sales By Regions
6.4. Aftersales/Aftermarket Historic and Forecast Sales By Regions

7. GLOBAL FRICTION MATERIALS MARKET ANALYSIS BY APPLICATION

7.1. Overview By Application
7.2. Historical and Forecast Data Analysis By Application
7.3. Brakes Historic and Forecast Sales By Regions
7.4. Disc Brakes Historic and Forecast Sales By Regions
7.5. Drum Brakes Historic and Forecast Sales By Regions
7.6. Others Historic and Forecast Sales By Regions
7.7. Clutches Historic and Forecast Sales By Regions
7.8. Others Historic and Forecast Sales By Regions

8. GLOBAL FRICTION MATERIALS MARKET ANALYSIS BY END-USE

8.1. Overview By End-use
8.2. Historical and Forecast Data Analysis By End-use
8.3. Automotive Historic and Forecast Sales By Regions
8.4. Railway Historic and Forecast Sales By Regions
8.5. Construction Historic and Forecast Sales By Regions
8.6. Mining Historic and Forecast Sales By Regions
8.7. Aerospace Historic and Forecast Sales By Regions
8.8. Agriculture Historic and Forecast Sales By Regions
8.9. Others Historic and Forecast Sales By Regions

9. GLOBAL FRICTION MATERIALS MARKET ANALYSIS BY GEOGRAPHY

9.1. Regional Outlook
9.2. Introduction
9.3. North America Sales Analysis
- 9.3.1 Overview, Historic and Forecast Data Sales Analysis
- 9.3.2 North America By Segment Sales Analysis
- 9.3.3 North America By Country Sales Analysis
- 9.3.4 United States Sales Analysis
- 9.3.5 Canada Sales Analysis
- 9.3.6 Mexico Sales Analysis
9.4. Europe Sales Analysis
- 9.4.1 Overview, Historic and Forecast Data Sales Analysis
- 9.4.2 Europe By Segment Sales Analysis
- 9.4.3 Europe By Country Sales Analysis
- 9.4.4 United Kingdom Sales Analysis
- 9.4.5 France Sales Analysis
- 9.4.6 Germany Sales Analysis
- 9.4.7 Italy Sales Analysis
- 9.4.8 Russia Sales Analysis
- 9.4.9 Rest Of Europe Sales Analysis
9.5. Asia Pacific Sales Analysis
- 9.5.1 Overview, Historic and Forecast Data Sales Analysis
- 9.5.2 Asia Pacific By Segment Sales Analysis
- 9.5.3 Asia Pacific By Country Sales Analysis
- 9.5.4 China Sales Analysis
- 9.5.5 India Sales Analysis
- 9.5.6 Japan Sales Analysis
- 9.5.7 South Korea Sales Analysis
- 9.5.8 Australia Sales Analysis
- 9.5.9 South East Asia Sales Analysis
- 9.5.10 Rest Of Asia Pacific Sales Analysis
9.6. Latin America Sales Analysis
- 9.6.1 Overview, Historic and Forecast Data Sales Analysis
- 9.6.2 Latin America By Segment Sales Analysis
- 9.6.3 Latin America By Country Sales Analysis
- 9.6.4 Brazil Sales Analysis
- 9.6.5 Argentina Sales Analysis
- 9.6.6 Peru Sales Analysis
- 9.6.7 Chile Sales Analysis
- 9.6.8 Rest of Latin America Sales Analysis
9.7. Middle East & Africa Sales Analysis
- 9.7.1 Overview, Historic and Forecast Data Sales Analysis
- 9.7.2 Middle East & Africa By Segment Sales Analysis
- 9.7.3 Middle East & Africa By Country Sales Analysis
- 9.7.4 Saudi Arabia Sales Analysis
- 9.7.5 UAE Sales Analysis
- 9.7.6 Israel Sales Analysis
- 9.7.7 South Africa Sales Analysis
- 9.7.8 Rest Of Middle East And Africa Sales Analysis

10. COMPETITIVE LANDSCAPE OF THE FRICTION MATERIALS COMPANIES

10.1. Friction Materials Market Competition
10.2. Partnership/Collaboration/Agreement
10.3. Merger And Acquisitions
10.4. New Product Launch
10.5. Other Developments

11. COMPANY PROFILES OF FRICTION MATERIALS INDUSTRY

11.1. Top Companies Market Share Analysis
11.2. Market Concentration Rate
11.3. Akebono Brake Industry Co. Ltd.
- 11.3.1 Company Overview
- 11.3.2 Company Revenue
- 11.3.3 Products
- 11.3.4 Recent Developments
11.4. Aisin Corporation
- 11.4.1 Company Overview
- 11.4.2 Company Revenue
- 11.4.3 Products
- 11.4.4 Recent Developments
11.5. Robert Bosch GmbH
- 11.5.1 Company Overview
- 11.5.2 Company Revenue
- 11.5.3 Products
- 11.5.4 Recent Developments
11.6. ACDelco
- 11.6.1 Company Overview
- 11.6.2 Company Revenue
- 11.6.3 Products
- 11.6.4 Recent Developments
11.7. Asimco Technologies
- 11.7.1 Company Overview
- 11.7.2 Company Revenue
- 11.7.3 Products
- 11.7.4 Recent Developments
11.8. EBC Brakes
- 11.8.1 Company Overview
- 11.8.2 Company Revenue
- 11.8.3 Products
- 11.8.4 Recent Developments
11.9. ZF Friedrichshafen AG
- 11.9.1 Company Overview
- 11.9.2 Company Revenue
- 11.9.3 Products
- 11.9.4 Recent Developments
11.10. Brake Parts Inc LLC
- 11.10.1 Company Overview
- 11.10.2 Company Revenue
- 11.10.3 Products
- 11.10.4 Recent Developments
11.11. Brembo S.P.A.
- 11.11.1 Company Overview
- 11.11.2 Company Revenue
- 11.11.3 Products
- 11.11.4 Recent Developments
11.12. Nisshinbo Brake Inc
- 11.12.1 Company Overview
- 11.12.2 Company Revenue
- 11.12.3 Products
- 11.12.4 Recent Developments

Note - In company profiling, financial details and recent developments are subject to availability or might not be covered in the case of private companies