- Blocks
- Discs
- Lining
- Pads
- Others
Friction Products and Materials Market size was valued at USD 20,436.5 million in 2022 and is poised to grow at a significant CAGR of 4.7% over 2023-2029. Manufacturers of friction materials and brakes are compelled to maintain their products' secrecy due to the industry's ongoing development and applications. They use this action to differentiate themselves from the competition. Modern brake systems for automobiles, spacecraft, and industries use friction materials. In the last ten years, asbestos has been phased out in automotive brake friction materials based on ongoing research and development, and the market for friction products has grown for asbestos-free friction materials as a safer substitute. As a result, the friction industries created various grades of brake linings and brake pads, each of which had its own special composition yet served the same purpose and claimed to be superior to others. More on tradition and experimental trial and error than on fundamental knowledge, the choice of brake friction materials is made. By focusing on digitalizing processes and adjusting to new technologies in robotic automation and artificial intelligence, market participants in the market are aligning their operating model to the new standard. It is projected that rapid urbanization and industrialization will increase demand for passenger and commercial vehicles, supporting market expansion. Additionally, the global market for friction products and materials has lucrative potential due to the increase in demand for lightweight friction products in the automotive end-use industry.
Global Friction Products And Materials Market Summary
Study Period
2024-2030Base Year
2023CAGR
4.7%Largest Market
Asia-PacificFastest Growing Market
North-AmericaFriction Products And Materials Market Dynamics
There is a growing need for public transportation and the expansion of the world's rail network, the production of locomotives has expanded dramatically. This has led to an increase in the demand for power conversion systems globally. The railway network is expanding to promote connectivity between remote and local location, as railroad networks have grown and locomotives are used more frequently in transportation, there is a growing market for improved locomotive vehicles. This need includes freight, passenger, and repowered locomotives. Additionally, the increased need for passenger and commercial cars drives up the demand for these goods, supporting the market's expansion. The growth of the aerospace, manufacturing, and construction industries is also anticipated to increase demand for friction goods and materials in the near future.
Asia Pacific Got Significant Share
Friction Products And Materials Market Regional Analysis
The Friction Products and Materials market in Asia Pacific is likely to hold a significant revenue share in 2021, and, in the following years, it is predicted to increase rapidly due to the rise in demand for automobiles. The primary demand areas, which support the worldwide expansion, are anticipated to include nations like China, India and Japan. Improvements in braking technologies will completely replace the usage of friction materials in the main end-use sectors. Leading market participants for friction materials have started research and development (R&D) on brake products without friction materials.
Latin America
Europe
Asia Pacific
Middle East
North America
Global Friction Products And Materials Market Segmentation
By Product Type
By Business Type
- Aftersales
- Original Equipment (OE)
By Application
- Brakes
- Clutches
- Industrial Brake & Transmission Systems
By End User
- Aerospace & Marine
- Automotive
- Construction
- Railway
- Others
Frequently Asked Questions
The friction products and materials market is projected to expand at a CAGR of 4.7% during the forecast period
European Friction Industries Ltd, Fras-le, GMP Friction Products, Hindustan Composites Ltd., MIBA AG, Nisshinbo Holdings Inc.
Asia Pacific is the fastest-growing region for friction products and materials market
Key Features of the Report
- The friction products and materials marekt report provides granular level information about the market size, regional market share, historic market (2018-2022), and forecast (2023-2029)
- The report covers in-detail insights about the competitor's overview, company share analysis, key market developments, and their key strategies
- The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
- The report tracks recent innovations, key developments, and start-up details that are actively working in the market
- The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
| 1.Executive Summary |
| 2.Global Friction Products and Materials Market Introduction |
| 2.1.Global Friction Products and Materials Market - Taxonomy |
| 2.2.Global Friction Products and Materials Market - Definitions |
| 2.2.1.Product Type |
| 2.2.2.Business Type |
| 2.2.3.Application |
| 2.2.4.End User |
| 2.2.5.Region |
| 3.Global Friction Products and Materials Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Product Landscape |
| 3.6. New Product Launches |
| 3.7. Impact of COVID 19 on Market |
| 4.Global Friction Products and Materials Market Analysis, 2018-2022 and Forecast 2023-2029 |
| 4.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5.Global Friction Products and Materials Market By Product Type, 2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
| 5.1. Blocks |
| 5.1.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Discs |
| 5.2.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 5.3. Lining |
| 5.3.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.3.3. Market Opportunity Analysis |
| 5.4. Pads |
| 5.4.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.4.3. Market Opportunity Analysis |
| 5.5. Others |
| 5.5.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 5.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.5.3. Market Opportunity Analysis |
| 6.Global Friction Products and Materials Market By Business Type, 2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
| 6.1. Aftersales |
| 6.1.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Original Equipment (OE) |
| 6.2.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 7.Global Friction Products and Materials Market By Application, 2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
| 7.1. Brakes |
| 7.1.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Clutches |
| 7.2.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 7.3. Industrial Brake & Transmission Systems |
| 7.3.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.3.3. Market Opportunity Analysis |
| 8.Global Friction Products and Materials Market By End User, 2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
| 8.1. Aerospace & Marine |
| 8.1.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.1.3. Market Opportunity Analysis |
| 8.2. Automotive |
| 8.2.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.2.3. Market Opportunity Analysis |
| 8.3. Construction |
| 8.3.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.3.3. Market Opportunity Analysis |
| 8.4. Railway |
| 8.4.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.4.3. Market Opportunity Analysis |
| 8.5. Others |
| 8.5.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 8.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.5.3. Market Opportunity Analysis |
| 9.Global Friction Products and Materials Market By Region, 2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
| 9.1. North America |
| 9.1.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 9.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.1.3. Market Opportunity Analysis |
| 9.2. Europe |
| 9.2.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 9.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.2.3. Market Opportunity Analysis |
| 9.3. Asia Pacific (APAC) |
| 9.3.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 9.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.3.3. Market Opportunity Analysis |
| 9.4. Middle East and Africa (MEA) |
| 9.4.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 9.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.4.3. Market Opportunity Analysis |
| 9.5. Latin America |
| 9.5.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 9.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.5.3. Market Opportunity Analysis |
| 10.North America Friction Products and Materials Market ,2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
| 10.1. Product Type Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1.Blocks |
| 10.1.2.Discs |
| 10.1.3.Lining |
| 10.1.4.Pads |
| 10.1.5.Others |
| 10.2. Business Type Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.2.1.Aftersales |
| 10.2.2.Original Equipment (OE) |
| 10.3. Application Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.3.1.Brakes |
| 10.3.2.Clutches |
| 10.3.3.Industrial Brake & Transmission Systems |
| 10.4. End User Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.4.1.Aerospace & Marine |
| 10.4.2.Automotive |
| 10.4.3.Construction |
| 10.4.4.Railway |
| 10.4.5.Others |
| 10.5. Country Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.5.1.United States of America (USA) |
| 10.5.2.Canada |
| 11.Europe Friction Products and Materials Market ,2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
| 11.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1.Blocks |
| 11.1.2.Discs |
| 11.1.3.Lining |
| 11.1.4.Pads |
| 11.1.5.Others |
| 11.2. Business Type Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.2.1.Aftersales |
| 11.2.2.Original Equipment (OE) |
| 11.3. Application Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.3.1.Brakes |
| 11.3.2.Clutches |
| 11.3.3.Industrial Brake & Transmission Systems |
| 11.4. End User Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.4.1.Aerospace & Marine |
| 11.4.2.Automotive |
| 11.4.3.Construction |
| 11.4.4.Railway |
| 11.4.5.Others |
| 11.5. Country Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.5.1.Germany |
| 11.5.2.France |
| 11.5.3.Italy |
| 11.5.4.United Kingdom (UK) |
| 11.5.5.Spain |
| 11.5.6.Rest of EU |
| 11.5.7. |
| 12.Asia Pacific (APAC) Friction Products and Materials Market ,2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
| 12.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.1.1.Blocks |
| 12.1.2.Discs |
| 12.1.3.Lining |
| 12.1.4.Pads |
| 12.1.5.Others |
| 12.2. Business Type Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.2.1.Aftersales |
| 12.2.2.Original Equipment (OE) |
| 12.3. Application Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.3.1.Brakes |
| 12.3.2.Clutches |
| 12.3.3.Industrial Brake & Transmission Systems |
| 12.4. End User Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.4.1.Aerospace & Marine |
| 12.4.2.Automotive |
| 12.4.3.Construction |
| 12.4.4.Railway |
| 12.4.5.Others |
| 12.5. Country Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.5.1.China |
| 12.5.2.India |
| 12.5.3.Australia and New Zealand (ANZ) |
| 12.5.4.Japan |
| 12.5.5.Rest of APAC |
| 13.Middle East and Africa (MEA) Friction Products and Materials Market ,2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
| 13.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.1.1.Blocks |
| 13.1.2.Discs |
| 13.1.3.Lining |
| 13.1.4.Pads |
| 13.1.5.Others |
| 13.2. Business Type Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.2.1.Aftersales |
| 13.2.2.Original Equipment (OE) |
| 13.3. Application Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.3.1.Brakes |
| 13.3.2.Clutches |
| 13.3.3.Industrial Brake & Transmission Systems |
| 13.4. End User Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.4.1.Aerospace & Marine |
| 13.4.2.Automotive |
| 13.4.3.Construction |
| 13.4.4.Railway |
| 13.4.5.Others |
| 13.5. Country Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.5.1.GCC Countries |
| 13.5.2.South Africa |
| 13.5.3.Rest of MEA |
| 14.Latin America Friction Products and Materials Market ,2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
| 14.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 14.1.1.Blocks |
| 14.1.2.Discs |
| 14.1.3.Lining |
| 14.1.4.Pads |
| 14.1.5.Others |
| 14.2. Business Type Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 14.2.1.Aftersales |
| 14.2.2.Original Equipment (OE) |
| 14.3. Application Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 14.3.1.Brakes |
| 14.3.2.Clutches |
| 14.3.3.Industrial Brake & Transmission Systems |
| 14.4. End User Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 14.4.1.Aerospace & Marine |
| 14.4.2.Automotive |
| 14.4.3.Construction |
| 14.4.4.Railway |
| 14.4.5.Others |
| 14.5. Country Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 14.5.1.Brazil |
| 14.5.2.Mexico |
| 14.5.3.Rest of LA |
| 15. Competition Landscape |
| 15.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
| 15.2.1.ABS FRICTION CORP. |
| 15.2.2.Akebono Brake Industry |
| 15.2.3.Carlisle Brake & Friction (CBF) |
| 15.2.4.European Friction Industries Ltd |
| 15.2.5.Fras-le |
| 15.2.6.GMP Friction Products |
| 15.2.7.Hindustan Composites Ltd. |
| 15.2.8.MIBA AG |
| 15.2.9.Nisshinbo Holdings Inc. |
| 15.2.10.Tenneco (Federal-Mogul Holding) |
| 16. Research Methodology |
| 17. Appendix and Abbreviations |
- ABS FRICTION CORP.
- Akebono Brake Industry
- Carlisle Brake & Friction (CBF)
- European Friction Industries Ltd
- Fras-le
- GMP Friction Products
- Hindustan Composites Ltd.
- MIBA AG
- Nisshinbo Holdings Inc.
- Tenneco (Federal-Mogul Holding)