Global Vehicle Friction Material Market Growth 2025-2031

The global Vehicle Friction Material market size is predicted to grow from US$ 11190 million in 2025 to US$ 14740 million in 2031; it is expected to grow at a CAGR of 4.7% from 2025 to 2031.

United States market for Vehicle Friction Material is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

China market for Vehicle Friction Material is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Europe market for Vehicle Friction Material is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Global key Vehicle Friction Material players cover Akebono Brake, Nisshinbo, Bosch, Continental, GMP Friction Products, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.

LP Information, Inc. (LPI) ' newest research report, the “Vehicle Friction Material Industry Forecast” looks at past sales and reviews total world Vehicle Friction Material sales in 2024, providing a comprehensive analysis by region and market sector of projected Vehicle Friction Material sales for 2025 through 2031. With Vehicle Friction Material sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Vehicle Friction Material industry.

This Insight Report provides a comprehensive analysis of the global Vehicle Friction Material landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Vehicle Friction Material portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Vehicle Friction Material market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Vehicle Friction Material and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Vehicle Friction Material.

This report presents a comprehensive overview, market shares, and growth opportunities of Vehicle Friction Material market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Brake Pads
Brake Linings
Clutch Discs
Brake Blocks
Others

Segmentation by Application:
Automotive
Train
Marine
Airplane
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
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

Key Questions Addressed in this Report

What is the 10-year outlook for the global Vehicle Friction Material market?

What factors are driving Vehicle Friction Material market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Vehicle Friction Material market opportunities vary by end market size?

How does Vehicle Friction Material break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.