Press release
Friction Materials Industry is Expected to Reach US$ 7.39 billion by 2031 - Akebono Brake Industry, Federal-Mogul Holdings, Fras-Le, Nisshinbo Holdings, Aisin Seiki.
Get a Free Sample Research PDF - https://datamintelligence.com/download-sample/friction-materials-market
The Friction Materials market report majorly focuses on market trends, historical growth rates, technologies, and the changing investment structure. Additionally, the report shows the latest market insights, increasing growth opportunities, business strategies, and growth plans adopted by major players. Moreover, it contains an analysis of current market dynamics, future developments, and Porter's Five Forces Analysis.
Friction materials are substances used in components like brake pads, clutches, and other devices that rely on friction to function effectively. These materials are designed to withstand high temperatures and pressures while providing the necessary frictional force to stop or control motion. Common types of friction materials include organic, metallic, ceramic, and sintered composites, each chosen based on specific performance requirements. Friction materials are crucial in automotive, industrial, and aerospace applications, where reliable stopping power and durability are essential for safety and efficiency.
Forecast Growth Projected:
The Global Friction Materials Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.
List of the Key Players in the Friction Materials Market:
Akebono Brake Industry, Federal-Mogul Holdings, Fras-Le, Nisshinbo Holdings, Aisin Seiki, Itt Inc., MIBA AG, Valeo Friction Materials India Private Limited, Carlisle Brake & Friction (CBF), Yantai Hi-Pad Brake Technology.
Segment Covered in the Friction Materials Market:
By Product: Pads, Lining, Discs, Others.
By Business: Original Equipment, Aftersales.
By Application: Brakes, Clutches, Industrial Brake & Transmission Systems.
By End-User: Railway, Automotive, Construction, Others.
Regional Analysis:
The global Friction Materials Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa.
Get Customization in the report as per your requierments: https://datamintelligence.com/customize/friction-materials-market
Regional Analysis:
The global Friction Materials Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa. The report offers detailed insight into new product launches, new technology evolutions, innovative services, and ongoing R&D. The report discusses a qualitative and quantitative market analysis, including PEST analysis, SWOT analysis, and Porter's five force analysis. The Friction Materials Market report also provides fundamental details such as raw material sources, distribution networks, methodologies, production capacities, industry supply chain, and product specifications.
Chapter Outline:
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: key insights, key emerging trends, etc.
Chapter 3: Manufacturers competitive analysis, detailed analysis of Friction Materials manufacturers competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.
Chapter 5 & 6: Revenue of Friction Materials in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 7: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 8: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: The main points and conclusions of the report.
Get a Free Sample PDF copy of the report @ https://datamintelligence.com/download-sample/friction-materials-market
FAQs
How big is the Friction Materials Market?
The Friction Materials Market size was USD 5.58 billion in 2023. It is expected to reach USD 7.39 billion by 2031.
How fast is the Friction Materials Market growing?
The Friction Materials Market will exhibit a CAGR of 3.57% during the forecast period, 2024-2031.
Read Latest Blog: https://www.datamintelligence.com/blogs/top-10-process-automation-companies-worldwide
Affiliate Marketing Request here: https://www.datamintelligence.com/affiliate-marketing
Company Name: DataM Intelligence
Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
Phone: +1 877 441 4866
Website: https://www.datamintelligence.com
DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Friction Materials Industry is Expected to Reach US$ 7.39 billion by 2031 - Akebono Brake Industry, Federal-Mogul Holdings, Fras-Le, Nisshinbo Holdings, Aisin Seiki. here
News-ID: 3629589 • Views: …
More Releases from DataM Intelligence 4market Research LLP
Knee Replacement Surgery Market to Reach USD 16.17 Billion by 2030, Advancing at …
Robotic Surgery, 3D Printing, and Outpatient Knee Procedures Spearhead Market Transformation
The Global Knee Replacement Surgery Market, valued at USD 12.12 billion in 2025, is projected to surge to USD 16.17 billion by 2030, growing at a CAGR of 6.1% during the forecast period (2025-2030), according to DataM Intelligence. The market is witnessing steady expansion, fueled by rising prevalence of osteoarthritis and rheumatoid arthritis, obesity-related joint degeneration, and the aging global…
Marine Coatings Market to Reach USD 10.20 Billion by 2032, Growing at 6.24% CAGR
Rising Demand for Anti-Corrosion Coatings and Shipbuilding Activities Fuelling Market Expansion
The Global Marine Coatings Market, valued at USD 6.28 billion in 2024, is projected to reach USD 10.20 billion by 2032, growing at a CAGR of 6.24% during the forecast period (2025-2032), according to DataM Intelligence. The market's growth is driven by rising shipbuilding activities, increasing offshore oil and gas exploration, and the growing adoption of eco-friendly, anti-corrosion marine coatings.…
Sleep Apnea Devices Market to Reach USD 11.6 Billion by 2032, Growing at 7.6% CA …
Telemedicine Integration and Home Sleep Testing Technologies Drive Global Market Expansion
The Global Sleep Apnea Devices Market, valued at USD 6.4 billion in 2024, is projected to reach USD 11.6 billion by 2032, advancing at a CAGR of 7.6% during the forecast period (2025-2032), according to DataM Intelligence. Growing use of telemedicine, artificial intelligence (AI), and mobile health (mHealth) platforms in diagnostic and therapeutic processes is significantly accelerating market adoption. Advances…
Caustic Soda Market to Reach USD 71.0 Billion by 2033, Driven by Aluminum and Te …
Rising Demand in Automotive, Aerospace, and Water Treatment Sectors Strengthens Global Market Outlook
The Global Caustic Soda Market, valued at USD 47.4 billion in 2024, is projected to reach USD 71.0 billion by 2033, growing at a steady CAGR of 4.7% during the forecast period (2025-2033), according to DataM Intelligence. Market growth is primarily driven by surging aluminum production, robust developments in textiles and pulp & paper industries, and the expanding…
More Releases for Friction
Friction Products and Materials Market Is Booming Worldwide | Tenneco, Carlisle …
The latest research study released by AMA on the Friction Products and Materials Market offers over 181 pages of analysis on business strategies employed by key and emerging industry players. It provides insights into current market developments, landscape, technologies, drivers, opportunities, market outlook, and status. The market study is segmented by key regions driving market growth. The Friction Products and Materials study combines qualitative and quantitative market data, primarily collected…
Friction Materials Market Analysis By Top Keyplayers - ABS FRICTION CORP., Akebo …
The "Friction Materials Market" is expected to reach USD xx.x billion by 2031, indicating a compound annual growth rate (CAGR) of xx.x percent from 2024 to 2031. The market was valued at USD xx.x billion In 2023.
Growing Demand and Growth Potential in the Global Friction Materials Market, 2024-2031
Verified Market Research's most recent report, "Friction Materials Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2030," provides an in-depth…
Friction Modifiers Market, By Type (Organic Friction Modifiers and Inorganic Fri …
Data Bridge Market Research analyses that the friction modifiers market will witness a CAGR of 9.7% for the forecast period of 2022-2029. Friction modifiers market report analyses the growth, due to accelerating application of friction modifiers in advertising and promotions of various brands.
Friction modifiers, also known as boundary lubrication additives, are oil-soluble chemicals used in lubricants as transmission and internal combustion engine additives. These lubricants are used in machine components…
Friction Product Market 2027 Worldwide Analysis on Revenue, Segmentation and Key …
MARKET INTRODUCTION
Friction products are used to produce friction in order to reduce the velocity or stop the movement of a particular object. Friction is the resistance which opposes the movement of object. Friction products cover wide range of pads, linings, blocks, rolls, sheets, clutches etc. Commonly used materials in friction based products are paper (cotton or cellulose fiber and phenolic resin mixture), elastomerics, graphitics, sintered metal ceramics, advanced fibers and…
Global Friction Products and Materials Market 2018 Top Players are: ABS Friction …
Friction material is used in every-day mundane applications such as automotive brakes and clutches to commercial and industrial applications.
According to this study, over the next five years the Friction Products and Materials market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2024, from US$ xx million in 2019. In particular, this report presents the global market share (sales and…
GMP Friction Products Develops Friction Materials for Wind Energy Turbine Market …
Brakes Stop and Hold Wind Turbine Blades for Emergency, High Winds or Maintenance
AKRON, OHIO (January 19, 2012) – GMP Friction Products, working with wind turbine manufacturers and the suppliers to the OEM market, has developed high-speed friction brake materials designed to reduce rotational speed below maximum value or bring the blades of a wind energy turbine to a standstill. Following more than 1,000 braking sequence tests, they have developed friction…
