Report overview
Friction materials?also known as brake materials and clutch materials?are used to induce friction in situations where slow or decreased movement is necessary. Friction is the resistance to relative motion that opposes an object?s direction of movement. Friction is created when a solid object comes into contact with a diverging surface. Friction can be used anywhere from slowing or stopping an object to accelerating it to a certain speed.
The report studies friction products (including brake pads, brake linings, clutch discs, brake blocks etc.) which are made from friction materials. They can be widely used in automotive, railway, industrial and aerospace field.
This report aims to provide a comprehensive presentation of the global market for Friction Products, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Friction Products. This report contains market size and forecasts of Friction Products in global, including the following market information:
Global Friction Products Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Friction Products Market Sales, 2018-2023, 2024-2029, (Million Pcs)
Global top five Friction Products companies in 2022 (%)
The global Friction Products market was valued at US$ 9324.3 million in 2022 and is projected to reach US$ 12550 million by 2029, at a CAGR of 4.3% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global key players of friction products include Akebono Brake, Nisshinbo, Bosch, Continental, GMP Friction Products, etc. Global top three manufacturers hold a share over 30%. North America is the largest producer of friction products, holds a share over 24%, followed by Japan, Europe, and China. In terms of product, brake pads is the largest segment, with a share over 41%. And in terms of application, the largest application is automotive, with a share over 70%, followed by industrial and railway.
We surveyed the Friction Products manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Friction Products Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (Million Pcs)
Global Friction Products Market Segment Percentages, by Type, 2022 (%)
Brake Pads
Brake Linings
Clutch Discs
Brake Blocks
Others
Global Friction Products Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (Million Pcs)
Global Friction Products Market Segment Percentages, by Application, 2022 (%)
Automotive
Railway
Industrial
Aerospace
Others
Global Friction Products Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (Million Pcs)
Global Friction Products Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Friction Products revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Friction Products revenues share in global market, 2022 (%)
Key companies Friction Products sales in global market, 2018-2023 (Estimated), (Million Pcs)
Key companies Friction Products sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
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
Outline of Major Chapters:
Chapter 1: Introduces the definition of Friction Products, market overview.
Chapter 2: Global Friction Products market size in revenue and volume.
Chapter 3: Detailed analysis of Friction Products manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: 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 5: 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 6: Sales of Friction Products 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 of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Friction Products capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.