Market Overview:
The global automotive wet friction materials market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X%. The growth of the market can be attributed to the increasing demand for automobiles across the globe. The global automotive wet friction materials market has been segmented on the basis of type, application and region. On the basis of type, the market has been segmented into carbon wet friction materials, paper wet friction materials and graphite wet friction materials. Carbon-based brake pads are expected to account for a major share in terms of revenue in 2018 owing to their superior performance as compared to other types of brake pads available in the market. Paper-based brake pads are expected witness high growth during forecast period due to their low cost as compared with other types of brake pads available in the market.
Product Definition:
An automotive wet friction material is a component of the braking system that helps to stop a vehicle. The importance of automotive wet friction materials is that they provide stopping power and help keep drivers safe.
Carbon Wet Friction Materials:
Carbon wet friction materials are carbon-based polymers that are typically used in the production of automotive brake pads and linings. The product is available in various forms including sheets, pellets, granules and powders. It is also referred to as graphite or graphene powder depending upon its appearance under ultra violet light.
Paper Wet Friction Materials:
Paper Wet friction materials are widely used in automotive industries to provide high-performance and wear resistance. The product is made from fibers of cellulose which is highly crystalline and flexible in nature. It has a low coefficient of friction, which makes it suitable for use as an abrasive material for the production of handbooks, maps, etc., where smoothness is important.
Application Insights:
The light vehicles segment led the global automotive wet friction materials market in 2017 and is expected to witness significant growth over the forecast period. The increasing penetration of electronic gadgets, especially in developed economies such as Germany, U.K., and France is anticipated to increase the demand for automobiles, which is likely to propel growth over the forecast period.
In addition, growing urbanization along with rising per capita income has created a positive impact on consumer purchasing behavior; this trend is expected to further fuel product demand from 2018 to 2030. In addition, governments around the world are investing significantly in infrastructure development projects including highways and bridges that are likely to boost industry expansion over the coming years.
Medium-duty trucks held a substantial share of 33% in 2017 owing to high product penetration particularly carbon products across various applications such as industrial logistics.
Regional Analysis:
Asia Pacific is expected to be the largest and fastest-growing regional market over the forecast period. The region accounted for a share of more than 30% in 2017 owing to increasing production activities in countries, such as China, India, Japan, and South Korea. In addition, growing automotive industry coupled with increasing per capita income is anticipated to drive product demand over the forecast period.
The Asia Pacific was followed by Europe that accounted for a share of more than 20% in 2017 owing to high demand from several key markets including Germany and U.K., which are among top automobile manufacturing hubs worldwide.
Growth Factors:
- Increasing demand for lightweight vehicles to reduce emissions and improve fuel efficiency
- Rising popularity of electric and hybrid vehicles
- Growing automotive production in developing countries
- Advances in brake technology that require new friction materials
- Increased use of wet friction materials in commercial vehicles
Scope Of The Report
Report Attributes
Report Details
Report Title
Automotive Wet Friction Materials Market Research Report
By Type
Carbon Wet Friction Materials, Paper Wet Friction Materials, Graphite Wet Friction Materials
By Application
Light Vehicles, Medium-Duty Trucks, Heavy-Duty Trucks, Others
By Companies
SAUVER, Japan Brake, Aisin Chemical, Tokai Carbon
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
141
Number of Tables & Figures
99
Customization Available
Yes, the report can be customized as per your need.
Global Automotive Wet Friction Materials Market Report Segments:
The global Automotive Wet Friction Materials market is segmented on the basis of:
Types
Carbon Wet Friction Materials, Paper Wet Friction Materials, Graphite Wet Friction Materials
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
Light Vehicles, Medium-Duty Trucks, Heavy-Duty Trucks, Others
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:
- SAUVER
- Japan Brake
- Aisin Chemical
- Tokai Carbon
Highlights of The Automotive Wet Friction Materials 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:
- Carbon Wet Friction Materials
- Paper Wet Friction Materials
- Graphite Wet Friction Materials
- By Application:
- Light Vehicles
- Medium-Duty Trucks
- Heavy-Duty Trucks
- Others
- 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 Automotive Wet Friction Materials 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?
Automotive wet friction materials are a type of lubricant that is used in automotive applications. These materials help to reduce the amount of noise that is produced when vehicles are moving. They also help to protect the engine from wear and tear.
Some of the major companies in the automotive wet friction materials market are SAUVER, Japan Brake, Aisin Chemical, Tokai Carbon.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Automotive Wet Friction Materials Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Automotive Wet Friction Materials Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Automotive Wet Friction Materials Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Automotive Wet Friction Materials Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Automotive Wet Friction Materials Market Size & Forecast, 2020-2028
4.5.1 Automotive Wet Friction Materials Market Size and Y-o-Y Growth
4.5.2 Automotive Wet Friction Materials Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Carbon Wet Friction Materials
5.2.2 Paper Wet Friction Materials
5.2.3 Graphite Wet Friction Materials
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Light Vehicles
6.2.2 Medium-Duty Trucks
6.2.3 Heavy-Duty Trucks
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Automotive Wet Friction Materials Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Automotive Wet Friction Materials Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Carbon Wet Friction Materials
9.6.2 Paper Wet Friction Materials
9.6.3 Graphite Wet Friction Materials
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Light Vehicles
9.10.2 Medium-Duty Trucks
9.10.3 Heavy-Duty Trucks
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Carbon Wet Friction Materials
10.6.2 Paper Wet Friction Materials
10.6.3 Graphite Wet Friction Materials
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Light Vehicles
10.10.2 Medium-Duty Trucks
10.10.3 Heavy-Duty Trucks
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Carbon Wet Friction Materials
11.6.2 Paper Wet Friction Materials
11.6.3 Graphite Wet Friction Materials
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Light Vehicles
11.10.2 Medium-Duty Trucks
11.10.3 Heavy-Duty Trucks
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Carbon Wet Friction Materials
12.6.2 Paper Wet Friction Materials
12.6.3 Graphite Wet Friction Materials
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Light Vehicles
12.10.2 Medium-Duty Trucks
12.10.3 Heavy-Duty Trucks
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Carbon Wet Friction Materials
13.6.2 Paper Wet Friction Materials
13.6.3 Graphite Wet Friction Materials
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Light Vehicles
13.10.2 Medium-Duty Trucks
13.10.3 Heavy-Duty Trucks
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Automotive Wet Friction Materials Market: Competitive Dashboard
14.2 Global Automotive Wet Friction Materials Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 SAUVER
14.3.2 Japan Brake
14.3.3 Aisin Chemical
14.3.4 Tokai Carbon
