Friction Products and Materials Market 2018-2023 by Top Key Players like, ABS Friction Corp., H-E Parts International, European Friction Industries (EFI) Ltd., Hindustan Composites Ltd., and Japan Brake Industrial Co. Ltd.

Orbis Research Publish a New Market Research Report On - “Global Friction Products and Materials Market 2018-2023”. The Report Covers Industry Trends, Statistic, Segmentation, Growth, Market Share, Revenue, Leading Players, Region, Types and Application.

Both original equipment (OE) and aftermarket ground (or road) transportation applications (light vehicles and medium- and heavy-duty trucks) represent the largest single market for friction materials, generally accounting for REDACTED of the total, or about REDACTED in 2017. All forms of transportation ranging from bicycles to 18-wheel trucks utilize some form of friction materials in their braking systems. Friction products are also used in a number of industries ranging from household appliances to heavy construction equipment. Railway, construction and other off-road, oilfield and other industrial applications collectively accounted for REDACTED of the total friction products market, or nearly REDACTED in 2017.

Another significant market for friction materials is the aircraft/aerospace segment. This segment accounted for REDACTED of the total market, or nearly REDACTED in 2017. Its prospects are improving with a new cycle of orders, aided by rising air transport demand and new airliners.

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During the next five years, the ground transportation segment will experience steady growth in the developed nations, whereas in the emerging markets, light-vehicle applications in particular offer opportunities. The aerospace market is expected to grow, as the rising demand from airlines helps to offset declining expenditures on military aircraft.

Other applications present a mixed picture. Increasing global income and the rise of middle classes in developing nations offer opportunities for friction materials in appliances. An eventual recovery of capital spending in combination with rapid industrialization will also provide business opportunities for friction materials in industrial machinery. Oil well, construction machinery, railway and other industrial applications will offer more modest opportunities. By 2023, the global friction products business is expected to approach REDACTED, a CAGR of REDACTED between 2018 and 2023.

Within certain industries, the mixture of friction products is changing dramatically. Asbestos and NAO products represent mature technologies and will offer only modest business opportunities during the next five years. Sintered and other metallic products will offer similar growth opportunities. Carboncarbon composites will offer the best opportunities. This is partially driven by the dynamism of the aircraft/aerospace business but also by the inherent performance characteristics of this technology. This will engender renewed opportunities for carbon fibers, partially oxidized polyacrylonitrile (POA), aramid, ceramic, metal and other advanced fibers.

New technologies, including carbon metal matrix composites (MMCs) consisting of metal base fibers of aluminum, magnesium, titanium, copper and alloys as well as carbon-silicon carbide (C-SiC) and other advanced ceramics are emerging and gaining acceptance. Methyl siloxane and other polymeric siloxane resins have been developed for brake applications and offer promise, as do scorching techniques.

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Representing a mature business, the global market for friction materials is served by a number of companies, most of which are specialized, competing at various levels. Friction materials are produced by a large diverse industry. As the materials that have gone into friction products have changed, so have the companies that produce these materials. Conglomerates have swallowed up many of the smaller and medium-size companies. Both large and small corporations now produce friction materials. Companies range in size from a half-dozen employees to more than 1,000.

Report Scope

The scope of this report is comprehensive, covering the present status of and future prospects for OE/aftermarket friction materials and products in North America (i.e., the United States and Canada), Western Europe, Japan, China, India and other global markets. The North American market is covered in the greatest detail. The report covers diverse segments such as light vehicles, medium- and heavy-duty trucks, the automotive aftermarket, aircraft/aerospace, construction and other off-road equipment and various industrial applications. These segments are analyzed in detail as are technology developments, market conditions and opportunities, and five-year forecasts. The role of new technologies is reviewed in this comprehensive report.

In order to generate the information necessary to construct a reasonable future market for friction materials, it is necessary to undertake an examination of the advantages and disadvantages of the various types of materials. In particular, environmental concerns are very significant for some types of friction materials. This report covers two types of friction materials:

Dry friction materials such as non-asbestos organic (NAO), semi-metallic, low-metallic and asbestos friction materials.

Wet-friction materials such as paper products.

In addition to various friction materials and products, the report also covers the many issues concerning the merits and future prospects of the business, including corporate strategies, technologies and the means for providing these products and service offerings. It also covers in detail the social, political, regulatory and economic issues that so many regard as critical to the industry’s current state of change.

The report provides a review of the friction materials and products industry and its structure, and the many companies involved in providing these materials and technologies. The competitive position of the main players in the market and the strategic options they face are also discussed, as well as competitive factors such as marketing, distribution and operations.

The values presented in the forecast tables represent the value of the friction products purchased by the OE manufacturers and other industrial companies. These measure value at the point of apparent consumption, regardless of where the friction product was manufactured. For materials, the values represent those paid by the friction product manufacturers. The volume data represent the consumption of these materials by the friction product manufacturers at the point of manufacture for these products, regardless of where the product is sold and used.

Report Includes:

- 42 data tables and 34 additional tables

- An overview of the global market for friction products and materials within the industry

- Analyses of market trends with data from 2017, estimates for 2018 and projections of compound annual growth rates (CAGRs) through 2023

- Discussion of applications of friction products and materials in light vehicles, medium- and heavy-duty trucks, aircraft, and other industrial applications

- Analysis of potential business opportunities in the future market

- Coverage of two type of friction materials — dry friction materials such as non-asbestos organic (NAO), semi-metallic, low-metallic and asbestos friction materials, and wet-friction materials such as paper products

- Critical analysis of the changing regulatory environment along with recent regulations regarding manufacturing and supplying of friction products and materials

- Examination of vendor landscape and company profiles of major market players including ABS Friction Corp., H-E Parts International, European Friction Industries (EFI) Ltd., Hindustan Composites Ltd., and Japan Brake Industrial Co. Ltd.

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Companies Mentioned:

ABS FRICTION CORP.
ADVICS CO. LTD.
AISIN SEIKI CO. LTD.
AKEBONO BRAKE INDUSTRY CO. LTD.
ALL FRICTIONS CO.
ALTO PRODUCTS CORP.
ANAND AUTOMOTIVE SYSTEMS LTD.
ASIMCO MELIAN BRAKING SYSTEMS (LANDFANG) CO. LTD.
ASK AUTOMOTIVE PVT. LTD.
ASKTECHNICA CO. LTD.
AUSCO PRODUCTS INC.
AVS BRAKE LININGS PVT. LTD.
BECORIT GMBH
…Continued

Table of Contents

Chapter 1 Introduction
Study Goals and Objectives
Reasons for Doing This Study
Scope of Report
Information Sources
Methodology
Geographic Breakdown
Analyst's Credentials
Related BCC Research Reports

Chapter 2 Summary and Highlights

Chapter 3 Technological, Regulatory and Economic Environment
Overview
History of Friction Products and Materials
What Is a Friction Material?
The Science of Friction
Temperature Variation of the Frictional Coefficient
Testing
Production of Friction Materials
Soft Batch
Molding
Truck Block
Curing
Bonding
Scorching
Integrally Molded Brakes
Brake Ingredients
Fibers in Composites
Emphasis on Reducing Costs
Emerging Technologies
Regulatory Considerations
Health Aspects of Asbestos
History of Asbestos Legislation
Use of Asbestos in Materials
Regulations Dealing with the Environment
Regulations Concerning the Transportation Industries
Role of Trade Associations
Asbestos Litigation and Liability

Chapter 4 Market Breakdown by Type of Friction Materials
Overview
Friction Products Construction
Dry Friction Products
Wet Friction Products
Aramid Fibers
Glass Fibers
Metal Fibers
Carbon Fibers
Other Advanced Fibers
Metal Matrix Composite Fibers
Partially Oxidized Polyacrylonitrile (POA) Fibers
Other Advanced Fibers
Asbestos Fibers
Phenolic Resins
Graphitic Material
Wollastonite
Other Materials

Chapter 5 Friction Products and Markets
Overview
Truck Dry Friction Products
Truck Industry Dynamics
Truck Brake Selection
Truck Brake Friction Materials
Clutch Facings
Medium Truck Brakes
Heavy Duty Trucks
Outlook
Suppliers
Automotive Dry Friction Products
Brief History of Friction Products in Automobiles
Dynamics of Automotive Braking
Types of Brakes
Automotive Brake Outlook
Automotive Aftermarket in Brake Pads
Automotive Brake Suppliers
Aviation/Aerospace Dry Friction
Brake Construction
Aerospace Market Dynamics
Market Outlook
Suppliers
Industrial Dry Friction
Railways
Oil Wells
Construction Machinery
Appliances
Industrial Machinery
Wet Friction
Automotive Wet Friction
Construction Wet Friction
Other Wet Friction
Automotive Clutches

Chapter 6 International Markets
Overview
North America
Western Europe
Japan
China
India
Rest of the World

Chapter 7 Industry Structure and Strategic Changes

Chapter 8 Company Profiles

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