Press release
Friction Materials Market Size - Forecasts to 2026
Friction Materials Market
Browse 151 Market Data Tables and 111 Figures spread through 181 Pages and in-depth TOC on “Friction Material Market - Forecast to 2026” https://www.globalmarketestimates.com/market-report/global-friction-materials-market-3285
By Product (Lining, Pads, Blocks, Discs, and Others [Rolls, Sheets, Others.]), By Business Type (OE and Aftersales), By Application (Brakes, Clutches, and Industrial Brakes & Transmission), By End-User (Automotive, Railway, Construction, Aerospace & Marine, and Others [Agriculture, Mining, Others]); By Region (North America, Europe, Asia Pacific, MEA, and CSA); End-User Landscape, Company Market Share Analysis & Competitor Analysis
Key Market Insights
• The escalating requirement for the purchase of passenger & commercial vehicles is the most prominent accelerator in the global market.
• The pads product segment is foreseen to predominate because they are commonly utilized in light cars and some types of machinery.
• Owing to the rising number of technological advancements across different regions, the market for the aftersales business type is likely to lead.
• The braking application segment is presumed to lead because the market is oversaturated with suppliers selling braking devices.
• Such materials are becoming more popular in both light and heavy-duty automobiles, which lead to the automotive end-users segment's supremacy.
• The market for APAC is predominating due to the presence of infrastructures with minimal manufacturing expenses.
• Honeywell Corporation, Bendix Commercial Vehicles Systems, Akebono Brake Industry, Federal-Mogul Holdings, Miba, Fras-Le, Nisshinbo Holdings, Aisin Seiki, Valeo Friction Materials India Private Limited, Yantai Hi-Pad Brake Technology, and Carlisle Brake & Friction are the top players in the market.
Browse the Report @ https://www.globalmarketestimates.com/market-report/global-friction-materials-market-3285
Product Outlook (Revenue, USD Billion, 2021-2026)
• Lining
• Pads
• Blocks
• Discs
• Others (Rolls, Sheets, Others.)
Business Type Outlook (Revenue, USD Billion, 2021-2026)
• OE
• Aftersales
Application Outlook (Revenue, USD Billion, 2021-2026)
• Brakes
• Clutches
• Industrial Brake & Transmission Systems
End-User Outlook (Revenue, USD Billion, 2021-2026)
• Automotive
• Railway
• Construction
• Aerospace & Marine
• Others (Agriculture, Mining, Others)
Regional Outlook (Revenue, USD Billion, 2021-2026)
North America
• The U.S.
• Canada
• Mexico
Europe
• Germany
• UK
• France
• Spain
• Italy
• Rest of Europe
Asia Pacific
• China
• India
• Japan
• South Korea
• Australia
• Rest of APAC
Central & South America
• Brazil
• Argentina
• Rest of CSA
Middle East & Africa
• Saudi Arabia
• UAE
• Rest of MEA
Contact: Yash Jain
Email address: yash.jain@globalmarketestimates.com
Phone Number: +16026667238
Website: https://www.globalmarketestimates.com/
Check our Latest Blogs: https://www.globalmarketestimates.com/blog-posts.php
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