Global Friction Materials
Market Report
2025
The global friction materials market size is USD 57.04 million in 2024. The friction materials market will show strongest growth with a compound annual growth rate (CAGR) of 5.0% from 2024 to 2031. Technological breakthroughs are responsible for this evolution.
The base year for the calculation is 2024 and 2021 to 2024 will be historical period. The year 2025 will be estimated one while the forecasted data will be from year 2025 to 2033. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, the global friction materials market size is USD 57.04 million in 2024 and will expand at a compound annual growth rate (CAGR) of 5.0% from 2024 to 2031.
2019 | 2024 | 2025 | 2032 | 2033 | CAGR | |
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Global Market Size | 121212 | 121212 | 121212 | 121212 | 121212 | 121212 |
Country Market Size | 121212 | 121212 | 121212 | 121212 | 121212 | 121212 |
North Americ Market Size | 121212 | 121212 | 121212 | 121212 | 121212 | 121212 |
Europe Market Size | 121212 | 121212 | 121212 | 121212 | 121212 | 121212 |
Asia Pacific Market Size | 121212 | 121212 | 121212 | 121212 | 121212 | 121212 |
South America Market Size | 121212 | 121212 | 121212 | 121212 | 121212 | 121212 |
Middle East and Africa Market Size | 121212 | 121212 | 121212 | 121212 | 121212 | 121212 |
Base Year | 2024 |
Historical Data Time Period | 2021-2024 |
Forecast Period | 2025-2033 |
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Market Split by Business Type |
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Market Split by Application |
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Market Split by End-use Industry |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Market Drivers:
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Market Restrains:
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Market Trends:
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Report scope is customizable as we have a huge database of Friction Materials industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Friction Materials Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Friction materials are also referred to as stopped and transmission substances. Through generating friction and converting electrical energy into electrical energy, they are commonly used for stopping or reducing its motion. The substances' coarse texture helps reduce friction and stopping delay while engaging the braking forces. Reducing the weight of friction materials and stopping are important priorities. The global increase of interest in transportation, both commercial and passenger, that uses friction-related components like calipers, grip rings, and frictional disks is a major factor propelling the industry for friction materials. Furthermore, the need for architecture and the building sector is growing due to the increasing global population. These sectors use friction materials to control the transfer of energy in manufacturing and building equipment, which has an impact on the need for friction materials.
Growing Automotive Production and Sales
The market for friction materials is largely driven by the rising demand for automobiles, especially in developing nations. Because brake pads, linings, and clutches are essential parts of vehicle safety, the automotive industry is a significant consumer of friction materials. The need for high-performance friction materials is growing as the number of vehicles produced worldwide keeps rising.
Growth in Applications for Industrial and Heavy Equipment
The need for friction materials in these industries is being driven by the rising demand for construction vehicles, heavy-duty equipment, and industrial machinery. For large machinery and equipment used in mining, construction, and material handling to operate smoothly and safely, brake linings, clutch plates, and other friction components are crucial.
High Wear and Tear on Friction Materials
Because friction materials are used frequently in clamping and braking applications, they eventually wear down despite advancements. Although some materials are very durable, others may deteriorate more quickly, increasing the cost of replacement and upkeep for users and businesses that depend on these products.
Competition from Alternative Technologies
In some applications, the need for conventional friction materials may decline as a result of the development of alternative technologies like hydraulic or electromagnetic braking systems. Even though these substitutes are not yet commonly used, the market expansion for conventional friction materials may be threatened by their continued development.
Integration of Advanced Friction Composites
Because of their superior performance qualities, such as improved heat resistance, wear resistance, and decreased brake fade, advanced friction composites—which include carbon-based and ceramic materials—are becoming more and more popular. Heavy-duty trucks, industrial equipment, and high-performance cars are using these materials more and more.
Use of Lightweight Materials
The use of lightweight friction materials is becoming more popular as a result of the automotive industry's drive for fuel efficiency. Vehicle weight can be decreased by using lightweight materials, which also improves fuel economy and lowers emissions. For electric cars, where reducing weight is crucial to extending battery life, this trend is especially significant.
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In January 2024, Caterpillar Inc. was awarded Superior Efficiency Recognized (SER) Accreditation to Cumbria Brakes & Friction's Jiangsu factory. The latest supplier organization with "approved" and "Superb" grades is called Caterpillar SER. Caterpillar formally introduced the initiative. After receiving approval at the "registered" stage, the Lancaster Suzhou operation held an investiture to commemorate the accomplishment with the Caterpillar group. (Source: https://carlislecbf.com/news-events/carlisle-suzhou-achieves-caterpillar-supplier-exce
Top Companies Market Share in Friction Materials Industry: (In no particular order of Rank)
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According to Cognitive Market Research, North America emerged as the dominant region in the friction materials market because of the growth in the industrial sectors, which use robotics extensively and use friction substances to regulate the motion of parts. Additionally, the demand in this area is anticipated to be driven by the expanding applications of friction-reducing substances in the widely recognized Aviation and Defense business, with the United States becoming the biggest manufacturer and supplier.
Asia-Pacific stands out as the fastest-growing region in the friction materials market because of the growing revenue growth of the nations in that area, the growing need for the automotive, railroad, and infrastructure professions, and the rise in financial spending on vehicle models.
The current report Scope analyzes Friction Materials Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only.
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Global Friction Materials Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Friction Materials Industry growth. Friction Materials market has been segmented with the help of its Product, Business Type Application, and others. Friction Materials market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
Quality management is the major parameter to meet specific standards and specifications, reliability and consistency. The chemical and material industry is full of various types of chemicals and it is necessary to focus on quality management because it may affect environment & other equipment. Raw materials plays an important role in this industry. The chemical industry converts these raw materials into primary, secondary, and tertiary products. Fluctuations in raw material prices may impact the market growth in the near future. This study includes the revenue generation of each type in each region for the year 2019 to 2031. Additionally it also provides detailed supply chain analysis along with current trends in the market which are expected to propel the market growth in the coming year.
Product of Friction Materials analyzed in this report are as follows:
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Chemical and materials are one of the most important industries for other sectors including automotive, pharmaceutical, personal care, consumer goods and others. The demand for high quality and environment friendly products is increasing in various end-use sectors. Thus, key manufacturers are focusing on technological advancement in production of high-quality chemicals. The segment analysis will help to understand which is the most attractive application/end use sector. It also provides the year on year (Y-O-Y) growth rate for each segment. Moreover, this study includes the detailed analysis of each segment to understand the key positive and negative factors which are impacting the growth of the Friction Materials Market.
Some of the key Business Type of Friction Materials are:
The above Graph is for representation purposes only. This chart does not depict actual Market share.
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According to cognitive market research, Brakes is the dominant Category. Brake systems are essential for machinery and automobiles to regulate the speed or slowing up. The growing need for frictional breaks from downstream industries such as transportation and automobiles is propelling the industry for friction-related products in the braking utilization industry.
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Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Friction Materials Market is witnessing significant growth in the near future.
In 2023, the Pads segment accounted for noticeable share of global Friction Materials Market and is projected to experience significant growth in the near future.
The OE segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Akebono Brake Industry (Japan) , Miba (Austria) and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Product | Pads, Linings, Discs, Blocks |
Business Type | OE, Aftersales |
Application | Brakes, Clutches, Industrial Brake & Transmission Systems |
End-use Industry | Automotive, Railway, Construction, Aerospace & Marine |
List of Competitors | Akebono Brake Industry (Japan), Federal-Mogul Holdings (US), Miba (Austria), Fras-Le (Brazil), Nisshinbo Holdings (Japan), Aisin Seiki (Japan), Valeo Friction Materials India (India), Yantai Hi-Pad Brake Technology (China), Carlisle Brake & Friction (US) |
This chapter will help you gain GLOBAL Market Analysis of Friction Materials. Further deep in this chapter, you will be able to review Global Friction Materials Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of Friction Materials. Further deep in this chapter, you will be able to review North America Friction Materials Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of Friction Materials. Further deep in this chapter, you will be able to review Europe Friction Materials Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of Friction Materials. Further deep in this chapter, you will be able to review Asia Pacific Friction Materials Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of Friction Materials. Further deep in this chapter, you will be able to review South America Friction Materials Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East and Africa Market Analysis of Friction Materials. Further deep in this chapter, you will be able to review Middle East and Africa Friction Materials Market Split by various segments and Country Split.
Chapter 6 Middle East and Africa Market Analysis
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Chapter 7 Top 10 Countries Analysis (Only Available with Corporate User License)
This chapter provides an in-depth analysis of the market share among key competitors of Friction Materials. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Product Analysis 2019 -2031, will provide market size split by Product. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Product Analysis 2021 - 2033
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Chapter 11 Market Split by Business Type Analysis 2021 - 2033
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Chapter 12 Market Split by Application Analysis 2021 - 2033
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Chapter 13 Market Split by End-use Industry Analysis 2021 - 2033
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Friction Materials market
Chapter 14 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Pads have a significant impact on Friction Materials market? |
What are the key factors affecting the Pads and Linings of Friction Materials Market? |
What is the CAGR/Growth Rate of OE during the forecast period? |
By type, which segment accounted for largest share of the global Friction Materials Market? |
Which region is expected to dominate the global Friction Materials Market within the forecast period? |
Segmentation Level Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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Report Format Alteration |
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