The global friction products market is expected to grow at a CAGR of 4.5% during the forecast period, from 2021 to 2030. The growth of this market is attributed to the increasing demand for friction products in various sectors such as automotive, industrial and aerospace. Brake pads are one of the most commonly used friction products in automobiles and other vehicles. Brake pads are also used in industrial applications such as mining equipment, construction equipment and agricultural machinery. The demand for brake pads is expected to increase due to their high performance and low maintenance cost when compared with other braking systems such as disc brakes or drum brakes.
Some Of The Growth Factors Of This Market:
- The increasing demand for friction products in the automotive industry is a major growth factor for the market.
- The increasing demand for friction products in the construction industry is a major growth factor for the market.
- The increasing demand for friction products in the mining industry is a major growth factor for the market.
- The increase in global population and urbanization are expected to drive up demand of friction products over time, which will be a key driver of this market's growth over time as well as other factors such as increased disposable income, increased awareness about safety and health, and improved infrastructure facilities that will also contribute to this market's growth over time.
- Increasing government regulations on fuel efficiency standards are expected to drive up demand of friction materials.
Industry Growth Insights published a new data on “Friction Products Market”. The research report is titled “Friction Products Market research by Types (Brake Pads, Brake Shoes, Brake Lining, Brake Rotor, Brake Drum), By Applications (Automotive Sectors, Industrial Sectors, Aerospace Sectors), By Players/Companies Federal-MogulAisin-Seiki, Robert Bosch, Brembo, Continental, Delphi Automotive, Nisshinbo, SGL Carbon AG, TRW, Tenneco, Akebono Brake Industry, Bendix, Sangsin, Longji Machinery, MIBA AG, BPW, Hongma, Gold Phoenix, Klasik, Boyun”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Friction Products Market Research Report
By Type
Brake Pads, Brake Shoes, Brake Lining, Brake Rotor, Brake Drum
By Application
Automotive Sectors, Industrial Sectors, Aerospace Sectors
By Companies
Federal-MogulAisin-Seiki, Robert Bosch, Brembo, Continental, Delphi Automotive, Nisshinbo, SGL Carbon AG, TRW, Tenneco, Akebono Brake Industry, Bendix, Sangsin, Longji Machinery, MIBA AG, BPW, Hongma, Gold Phoenix, Klasik, Boyun
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
249
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Friction Products Market Report Segments:
The global Friction Products market is segmented on the basis of:
Types
Brake Pads, Brake Shoes, Brake Lining, Brake Rotor, Brake Drum
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Automotive Sectors, Industrial Sectors, Aerospace Sectors
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Federal-MogulAisin-Seiki
- Robert Bosch
- Brembo
- Continental
- Delphi Automotive
- Nisshinbo
- SGL Carbon AG
- TRW
- Tenneco
- Akebono Brake Industry
- Bendix
- Sangsin
- Longji Machinery
- MIBA AG
- BPW
- Hongma
- Gold Phoenix
- Klasik
- Boyun
Highlights of The Friction Products Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Brake Pads
- Brake Shoes
- Brake Lining
- Brake Rotor
- Brake Drum
- By Application:
- Automotive Sectors
- Industrial Sectors
- Aerospace Sectors
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Friction Products Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Friction products are a type of lubricant that help reduce friction between two surfaces. They can be used in a variety of applications, including machinery, tools, and other equipment.
Some of the major companies in the friction products market are Federal-MogulAisin-Seiki, Robert Bosch, Brembo, Continental, Delphi Automotive, Nisshinbo, SGL Carbon AG, TRW, Tenneco, Akebono Brake Industry, Bendix, Sangsin, Longji Machinery, MIBA AG, BPW, Hongma, Gold Phoenix, Klasik, Boyun.
The friction products market is expected to grow at a compound annual growth rate of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Friction Products Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Friction Products Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Friction Products Market - Supply Chain
4.5. Global Friction Products Market Forecast
4.5.1. Friction Products Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Friction Products Market Size (000 Units) and Y-o-Y Growth
4.5.3. Friction Products Market Absolute $ Opportunity
5. Global Friction Products Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Friction Products Market Size and Volume Forecast by Type
5.3.1. Brake Pads
5.3.2. Brake Shoes
5.3.3. Brake Lining
5.3.4. Brake Rotor
5.3.5. Brake Drum
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Friction Products Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Friction Products Market Size and Volume Forecast by Application
6.3.1. Automotive Sectors
6.3.2. Industrial Sectors
6.3.3. Aerospace Sectors
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Friction Products Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Friction Products Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Friction Products Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Friction Products Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Friction Products Demand Share Forecast, 2019-2029
9. North America Friction Products Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Friction Products Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Friction Products Market Size and Volume Forecast by Application
9.4.1. Automotive Sectors
9.4.2. Industrial Sectors
9.4.3. Aerospace Sectors
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Friction Products Market Size and Volume Forecast by Type
9.7.1. Brake Pads
9.7.2. Brake Shoes
9.7.3. Brake Lining
9.7.4. Brake Rotor
9.7.5. Brake Drum
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Friction Products Demand Share Forecast, 2019-2029
10. Latin America Friction Products Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Friction Products Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Friction Products Market Size and Volume Forecast by Application
10.4.1. Automotive Sectors
10.4.2. Industrial Sectors
10.4.3. Aerospace Sectors
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Friction Products Market Size and Volume Forecast by Type
10.7.1. Brake Pads
10.7.2. Brake Shoes
10.7.3. Brake Lining
10.7.4. Brake Rotor
10.7.5. Brake Drum
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Friction Products Demand Share Forecast, 2019-2029
11. Europe Friction Products Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Friction Products Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Friction Products Market Size and Volume Forecast by Application
11.4.1. Automotive Sectors
11.4.2. Industrial Sectors
11.4.3. Aerospace Sectors
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Friction Products Market Size and Volume Forecast by Type
11.7.1. Brake Pads
11.7.2. Brake Shoes
11.7.3. Brake Lining
11.7.4. Brake Rotor
11.7.5. Brake Drum
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Friction Products Demand Share, 2019-2029
12. Asia Pacific Friction Products Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Friction Products Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Friction Products Market Size and Volume Forecast by Application
12.4.1. Automotive Sectors
12.4.2. Industrial Sectors
12.4.3. Aerospace Sectors
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Friction Products Market Size and Volume Forecast by Type
12.7.1. Brake Pads
12.7.2. Brake Shoes
12.7.3. Brake Lining
12.7.4. Brake Rotor
12.7.5. Brake Drum
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Friction Products Demand Share, 2019-2029
13. Middle East & Africa Friction Products Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Friction Products Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Friction Products Market Size and Volume Forecast by Application
13.4.1. Automotive Sectors
13.4.2. Industrial Sectors
13.4.3. Aerospace Sectors
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Friction Products Market Size and Volume Forecast by Type
13.7.1. Brake Pads
13.7.2. Brake Shoes
13.7.3. Brake Lining
13.7.4. Brake Rotor
13.7.5. Brake Drum
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Friction Products Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Friction Products Market: Market Share Analysis
14.2. Friction Products Distributors and Customers
14.3. Friction Products Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Federal-MogulAisin-Seiki
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Robert Bosch
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Brembo
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Continental
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Delphi Automotive
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Nisshinbo
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. SGL Carbon AG
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. TRW
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Tenneco
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Akebono Brake Industry
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Bendix
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Sangsin
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Longji Machinery
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. MIBA AG
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. BPW
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Hongma
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Gold Phoenix
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Klasik
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Boyun
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook