Global Friction Products Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Friction Products Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

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.

According to our (Global Info Research) latest study, the global Friction Products market size was valued at US$ 10220 million in 2023 and is forecast to a readjusted size of USD 13800 million by 2030 with a CAGR of 4.4% during review period.

Global key players of friction products include Akebono Brake, Nisshinbo, Bosch, Continental, GMP Friction Products, etc. Global top three manufacturers hold a share over 30%. North America is the largest producer of friction products, holds a share over 24%, followed by Japan, Europe, and China. In terms of product, brake pads is the largest segment, with a share over 41%. And in terms of application, the largest application is automotive, with a share over 70%, followed by industrial and railway.

This report is a detailed and comprehensive analysis for global Friction Products 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 2024, are provided.

Key Features:

Global Friction Products market size and forecasts, in consumption value ($ Million), sales quantity (Million Pcs), and average selling prices (US$/Piece), 2019-2030

Global Friction Products market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Million Pcs), and average selling prices (US$/Piece), 2019-2030

Global Friction Products market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Million Pcs), and average selling prices (US$/Piece), 2019-2030

Global Friction Products market shares of main players, shipments in revenue ($ Million), sales quantity (Million Pcs), and ASP (US$/Piece), 2019-2024

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 Products

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 Products market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Akebono Brake, Nisshinbo, Bosch, Continental, GMP Friction Products, Tenneco, Bendix, Sangsin Brake, BorgWarner, Shandong Longji, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

Friction Products market is split by Type and by Application. For the period 2019-2030, 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
Automotive
Railway
Industrial
Aerospace
Others

Major players covered
Akebono Brake
Nisshinbo
Bosch
Continental
GMP Friction Products
Tenneco
Bendix
Sangsin Brake
BorgWarner
Shandong Longji
Shandong Gold Phoenix
Svendborg Brakes (Altra Motion)
Carlisle Brake & Friction (CBF)
Aisin Chemical Co
Schaeffler
Vulkan
BPW Group

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 Products product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Friction Products, with price, sales quantity, revenue, and global market share of Friction Products from 2019 to 2024.

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

Chapter 4, the Friction Products breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2019 to 2030.

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 2019 to 2024.and Friction Products market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

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

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