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Global Friction Materials Market Trends: What Investors Need to Know in 2025
Friction Materials Market
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The Friction Materials refers to the global industry involved in producing and supplying materials that create resistance when two surfaces slide against each other, commonly used in automotive brakes, clutches, and industrial machinery. These materials, including composites, ceramics, and metallic alloys, are essential for safety, performance, and efficiency in transportation and industrial applications. The market growth is driven by increasing demand for vehicles, industrial automation, and high-performance braking systems.
Key Players:
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.
Key Development:
In 2023, Nisshinbo Holdings sold its subsidiary, TMD Friction Group, which had been central to its automotive brake business and had made the company the world's largest automotive brake friction manufacturer since its 2011 acquisition.
Growth Forecast Projected:
The Global Friction Materials Market is anticipated to rise at a considerable rate during the forecast period, between 2025 and 2032. In 2024, 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.
Research Process:
Both primary and secondary data sources have been used in the global Friction Materials Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.
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Key Segments:
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 for Market:
⇥ North America (U.S., Canada, Mexico)
⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
⇥ South America (Colombia, Brazil, Argentina, Rest of South America)
⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
Benefits of the Report:
Chapter 1: Lays the foundation by defining the scope of the report, highlighting core market segments across regions, product types, and applications. It delivers a clear snapshot of current market size, growth potential, and how the industry is expected to evolve in both the near and long term.
Chapter 2: Spotlights the most impactful market insights, unveiling the transformative trends and forces shaping the future of the industry.
Chapter 3: Provides a deep dive into the competitive landscape of , covering revenue shares, strategic initiatives, and notable mergers & acquisitions that are reshaping the market.
Chapter 4: Presents detailed company profiles of leading players featuring financial performance, product portfolios, profit margins, and key milestones that set them apart in the industry.
Chapters 5 & 6: Break down revenue analysis at both regional and country levels, offering precise data on market size, growth drivers, and expansion opportunities across global markets.
Chapter 7: Analyzes the market by product type, spotlighting segment-specific opportunities and helping stakeholders identify untapped, high-growth areas.
Chapter 8 :Explores the market through application-based segmentation, assessing demand across industries and pinpointing downstream sectors with the strongest potential for growth.
Chapter 9: Maps the industry's supply chain in detail, tracing upstream and downstream activities to provide clarity on value creation across the ecosystem.
Chapter 10: Wraps up with a concise summary of the report's key insights distilling the most critical findings and strategic takeaways for decision-makers and stakeholders.
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FAQ's
Q1: What is the current size of the Friction Materials Market?
A: The Friction Materials Market was valued at US$ 5.58 billion in 2023 and is forecasted to reach US$ 7.39 billion by 2031
Q2: How rapidly will the Market expand?
A: The Friction Materials market is projected to grow at a CAGR of 3.57% between 2025 and 2032.
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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…
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