Global Friction Materials Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029

Global Friction Materials Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029

According to our (Global Info Research) latest study, the global Friction Materials market size was valued at USD 26770 million in 2022 and is forecast to a readjusted size of USD 34510 million by 2029 with a CAGR of 3.7% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

The key manufacturers of Friction Materials include Sangsin Brake, Akebono Brake, Nisshinbo, and Bosch, etc..The top four manufacturers all account for more than 3% of the world market, accounting for about 27%, in total.

The Asia-Pacific region is the largest market for friction materials, accounting for about 44% of the global market, followed by Europe and North America with about 26% and 20%, respectively.

In terms of product, it mainly include brake pads, brake linings, clutch discs, brake blocks and others. Brake pad is the main industry segment, accounting for more than 40% of the market. The brake lining market will further expand.

Friction materials are mainly used in passenger cars, commercial vehicles, motorcycles, railway, industrial machinery, construction machinery, agricultural machinery, wind turbines, aviation, and other aspects. Among them, passenger cars account for about 47%, which is the largest application market at present.

Friction materials—also known as brake materials and clutch materials—are used to induce friction in situations where slow or decreased movement is necessary. Friction is the resistance to relative motion that opposes an object’s direction of movement. Friction is created when a solid object comes into contact with a diverging surface. Friction can be used anywhere from slowing or stopping an object to accelerating it to a certain speed.

The report studies friction products (including brake pads, brake linings, clutch discs, brake blocks etc.) which are made from friction materials. They can be widely used in automotive, railway, industrial and aerospace field.

This report is a detailed and comprehensive analysis for global Friction Materials market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.

Key Features:

Global Friction Materials market size and forecasts, in consumption value ($ Million), sales quantity (Million Pcs), and average selling prices (USD/Pcs), 2018-2029

Global Friction Materials market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Million Pcs), and average selling prices (USD/Pcs), 2018-2029

Global Friction Materials market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Million Pcs), and average selling prices (USD/Pcs), 2018-2029

Global Friction Materials market shares of main players, shipments in revenue ($ Million), sales quantity (Million Pcs), and ASP (USD/Pcs), 2018-2023

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Friction Materials

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Friction Materials market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Akebono Brake, Knorr-Bremse, Nisshinbo, Bosch and Bremskerl, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.

Market Segmentation

Friction Materials market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Brake Pads
Brake Linings
Clutch Discs
Brake Blocks
Others

Market segment by Application
Passenger Cars
Commercial Vehicles
Motorcycles
Railway
Industrial Machinery
Construction Machinery
Agricultural Machinery
Wind Turbines
Aviation
Others

Major players covered
Akebono Brake
Knorr-Bremse
Nisshinbo
Bosch
Bremskerl
Continental
GMP Friction Products
Tenneco
Sangsin Brake
BorgWarner
Shandong Longji Machinery
Miba
Wabtec
Shandong Gold Phoenix
Alstom Flertex
Svendborg Brakes (Altra Motion)
Rane
Beijing Puran Railway Braking High-Tech
Carlisle Brake & Friction (CBF)
Beijing Tianyishangjia New Material
EBC Brakes
Aisin Chemical
Schaeffler
Vulkan
Tokai Carbon
BPW Group
Tribo
Escorts Kubota

Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Friction Materials product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Friction Materials, with price, sales, revenue and global market share of Friction Materials from 2018 to 2023.

Chapter 3, the Friction Materials competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Friction Materials breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.

Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Friction Materials market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.

Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.

Chapter 13, the key raw materials and key suppliers, and industry chain of Friction Materials.

Chapter 14 and 15, to describe Friction Materials sales channel, distributors, customers, research findings and conclusion.