Friction Materials Market by Product (Pads, Linings, Discs, Blocks), Business Type (OE and Aftersales), Application (Brakes, Clutches), End-use Industry (Automotive, Railway, Construction), and Region

The friction materials market size is projected to grow from USD 44.65 million in 2018 to USD 57.04 million by 2023, at a CAGR of 5.0%. The market is driven by rising demand for passenger and commercial vehicles, which leads to the growth of friction materials consumption in auto components. However, lack of friction materials market development across end-use industries in the Middle East & Africa region may restrain the growth of the market.

Based on product, the pads segment is projected to lead the overall friction materials market from 2018 to 2023. Pads are used in brake systems and are exposed to significant friction, which leads to wear and tear. Friction pads are less prone to release dust on abrasion and can withstand high temperature.

The market for friction materials projected to witness the highest CAGR in the brakes application segment between 2018 and 2023. Brake systems are essential to decelerate or control acceleration of vehicle or machinery. The high demand for friction brakes from end-use industries such as automotive and railway is driving the growth in brakes application segment.

The Asia Pacific friction materials market is projected to witness the highest growth between 2018 and 2023. Emerging economies such as China and India are high-growth markets for automotive, railway, and construction industries, which are the major consumers of friction materials in the region. In addition, the economic growth of these countries and increased consumers spending on automobiles have led to the development of a major auto components market in the region. All these factors are expected to drive the growth of the Asia Pacific friction materials market during the forecast period.

Breakdown of the profiles of primary participants:

By Company Type: Tier 1 – 20%, Tier 2 – 36%, and Tier 3 – 44%
By Designation: Director-Level – 12%, C-Level – 40%, and Others – 48%
By Region: Asia Pacific – 36%, Europe – 24%, North America – 20%, South America –12%, and Middle East & Africa – 8%

Major companies profiled in this report include 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), and Carlisle Brake & Friction (US), among others.

Research Coverage
This report offers an overview of the trends, drivers, restraints, challenges, and opportunities with respect to the friction materials market. It also provides a detailed overview of the friction materials market across 5 regions, namely, Asia Pacific, Europe, North America, the Middle East & Africa, and South America. The report categorizes the friction materials market based on product, business type, application, and end-use industry. A detailed analysis of the leading players of the friction materials market, along with key growth strategies adopted by them, is also covered in the report.

Reasons to Buy
This report covers the following key aspects:

Size of the friction materials market by 2023 and its CAGR during the forecast period from 2018 to 2023
Key trends in the friction materials market
Factors expected to drive the growth of the friction materials market during the forecast period
Challenges expected to impact the growth of the friction materials market during the forecast period
Key players operating in the friction materials market

1 Introduction

1.1 Objectives Of The Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Years Considered For The Study
1.4 Currency
1.5 Stakeholders
1.6 Limitations

2 Research Methodology

2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Key Industry Insights
2.1.2.3 Breakdown Of Primary Interviews
2.2 Market Size Estimation
2.2.1 Top-Down Approach
2.2.2 Bottom-Up Approach
2.3 Data Triangulation
2.4 Assumptions

3 Executive Summary

4 Premium Insights

4.1 Attractive Growth Opportunities In The Friction Materials Market
4.2 Friction Materials Market, By Region
4.3 Friction Materials Market, By Product And End-Use Industry
4.4 Friction Materials Market, By Country
4.5 Friction Materials Market, By End-Use Industry And Region

5 Market Overview

5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Upsurge In Worldwide Demand For Passenger And Commercial Vehicles
5.2.2 Restraints
5.2.2.1 Underdeveloped Friction Materials Market In Middle East & Africa Region In Automotive End-Use Industry
5.2.3 Opportunities
5.2.3.1 Demand For Lightweight Friction Products In Automotive End-Use Industry
5.2.4 Challenges
5.2.4.1 Advancements In Braking Technologies To Eradicate
The Use Of Friction Materials
5.3 Porter's Five Forces Analysis
5.3.1 Threat Of New Entrants
5.3.2 Threat Of Substitutes
5.3.3 Bargaining Power Of Suppliers
5.3.4 Bargaining Power Of Buyers
5.3.5 Intensity Of Competitive Rivalry
5.4 Value Chain Analysis
5.5 Friction Materials: Material Overview
5.5.1 Non-Asbestos Organic (Nao)
5.5.2 Low Steel
5.5.3 Semi-Metallic
5.5.4 Sintered Metals
5.5.5 Ceramic
5.5.6 Asbestos
5.5.7 Others (Aramid Fiber, Glass Fiber, Carbon Fiber, Rubber, Paper, etc.)
5.6 Macroeconomic Indicator
5.6.1 Automotive
5.6.2 Construction

6 Friction Materials Market, By Product

6.1 Introduction
6.2 Pads
6.3 Lining
6.4 Discs
6.5 Blocks
6.6 Others

7 Friction Materials Market, By Business Type

7.1 Introduction
7.2 Original Equipment (OE)
7.3 Aftersales

8 Friction Materials Market, By Application

8.1 Introduction
8.2 Brakes
8.3 Clutches
8.4 Industrial Brake & Transmission Systems

9 Friction Materials Market, By End-Use Industry

9.1 Introduction
9.2 Automotive
9.3 Railway
9.4 Construction
9.5 Aerospace & Marine
9.6 Others

10 Regional Analysis

10.1 Introduction
10.2 North America
10.2.1 US
10.2.2 Mexico
10.2.3 Canada
10.3 Asia Pacific
10.3.1 China
10.3.2 Japan
10.3.3 India
10.3.4 South Korea
10.3.5 Thailand
10.3.6 Rest Of Asia Pacific
10.4 Europe
10.4.1 Germany
10.4.2 France
10.4.3 UK
10.4.4 Spain
10.4.5 Italy
10.4.6 Belgium
10.4.7 Netherlands
10.4.8 Rest Of Europe
10.5 South America
10.5.1 Brazil
10.5.2 Argentina
10.5.3 Rest Of South America
10.6 Middle East & Africa
10.6.1 South Africa
10.6.2 Iran
10.6.3 Egypt
10.6.4 Rest Of Middle East & Africa

11 Competitive Landscape

11.1 Overview
11.2 Ranking Of Key Market Players
11.3 Competitive Scenario
11.3.1 New Product Development
11.3.2 Expansions
11.3.3 Acquisitions
11.3.4 Partnerships/Agreements/Contracts/Joint Venture

12 Company Profiles

12.1 Akebono Brake Industry
12.2 Federal-Mogul Holdings
12.3 Fras-Le
12.4 Nisshinbo Holdings
12.5 Aisin Seiki
12.6 ITT Inc.
12.7 Miba AG
12.8 Valeo Friction Materials India Private Limited
12.9 Carlisle Brake & Friction (CBF)
12.10 Yantai Hi-Pad Brake Technology

13 Appendix

List Of Tables

Table 1 Friction Materials Market Snapshot
Table 2 International Automotive Production Outlook, 2012-2017 (Million Units)
Table 3 Friction Materials Market Size, By Product, 2016–2023 (USD Million)
Table 4 Friction Materials Market In Pads, By Region, 2016–2023 (USD Million)
Table 5 Friction Materials Market In Linings, By Region, 2016–2023 (USD Million)
Table 6 Friction Materials Market In Discs, By Region, 2016–2023 (USD Million)
Table 7 Friction Materials Market In Block, By Region, 2016–2023 (USD Million)
Table 8 Friction Materials Market In Others Product Segment, By Region, 2016–2023 (USD Million)
Table 9 Friction Materials Market Size, By Business Type, 2016–2023 (USD Million)
Table 10 Friction Materials Market In Original Equipment (Oe), By Region, 2016–2023 (USD Million)
Table 11 Friction Materials Market In Aftersales, By Region, 2016–2023 (USD Million)
Table 12 Friction Materials Market Size, By Application, 2016–2023 (USD Million)
Table 13 Friction Materials Market In Brakes, By Region, 2016–2023 (USD Million)
Table 14 Friction Materials Market In Clutches, By Region, 2016–2023 (USD Million)
Table 15 Friction Materials Market In Industrial Brake & Transmission Systems, By Region, 2016–2023 (USD Million)
Table 16 Friction Materials Market, By End-Use Industry, 2016–2023 (USD Million)
Table 17 Friction Materials Market In Automotive, By Region, 2016–2023 (USD Million)
Table 18 Friction Materials Market In Railway, By Region, 2016–2023 (USD Million)
Table 19 Friction Materials Market In Construction, By Region, 2016–2023 (USD Million)
Table 20 Friction Materials Market In Aerospace & Marine, By Region, 2016–2023 (USD Million)
Table 21 Friction Materials Market In Others End-Use Industry, By Region, 2016–2023 (USD Million)
Table 22 Friction Materials Market Size, By Region, 2016–2023 (USD Million)
Table 23 North America Friction Materials Market Size, By Country, 2016–2023 (USD Million)
Table 24 North America Friction Materials Market Size, By Product, 2016–2023 (USD Million)
Table 25 North America Friction Materials Market Size, By Business Type, 2016–2023 (USD Million)
Table 26 North America Friction Materials Market Size, By Application, 2016–2023 (USD Million)
Table 27 North America Friction Materials Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 28 US Friction Materials Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 29 Mexico Friction Materials Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 30 Canada Friction Materials Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 31 Asia Pacific Friction Materials Market Size, By Country, 2016–2023 (USD Million)
Table 32 Asia Pacific Friction Materials Market Size, By Product, 2016–2023 (USD Million)
Table 33 Asia Pacific Friction Materials Market Size, By Business Type, 2016–2023 (USD Million)
Table 34 Asia Pacific Friction Materials Market Size, By Application, 2016–2023 (USD Million)
Table 35 Asia Pacific Friction Materials Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 36 China Friction Materials Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 37 Japan Friction Materials Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 38 India Friction Materials Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 39 South Korea Friction Materials Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 40 Thailand Friction Materials Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 41 Rest Of Asia Pacific Friction Materials Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 42 Europe Friction Materials Market Size, By Country, 2016–2023 (USD Million)
Table 43 Europe Friction Materials Market Size, By Product, 2016–2023 (USD Million)
Table 44 Europe Friction Materials Market Size, By Business Type, 2016–2023 (USD Million)
Table 45 Europe Friction Materials Market Size, By Application, 2016–2023 (USD Million)
Table 46 Europe Friction Materials Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 47 Germany Friction Materials Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 48 France Friction Materials Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 49 UK Friction Materials Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 50 Spain Friction Materials Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 51 Italy Friction Materials Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 52 Belgium Friction Materials Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 53 Netherlands Friction Materials Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 54 Rest Of Europe Friction Materials Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 55 South America Friction Materials Market Size, By Country, 2016–2023 (USD Million)
Table 56 South America Friction Materials Market Size, By Product, 2016–2023 (USD Million)
Table 57 South America Friction Materials Market Size, By Business Type, 2016–2023 (USD Million)
Table 58 South America Friction Materials Market Size, By Application, 2016–2023 (USD Million)
Table 59 South America Friction Materials Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 60 Brazil Friction Materials Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 61 Argentina Friction Materials Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 62 North America Friction Materials Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 63 Middle East & Africa Friction Materials Market Size, By Country, 2016–2023 (USD Million)
Table 64 Middle East & Africa Friction Materials Market Size, By Product, 2016–2023 (USD Million)
Table 65 Middle East & Africa Friction Materials Market Size, By Business Type, 2016–2023 (USD Million)
Table 66 Middle East & Africa Friction Materials Market Size, By Application, 2016–2023 (USD Million)
Table 67 Middle East & Africa Friction Materials Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 68 South Africa Friction Materials Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 69 Iran Friction Materials Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 70 Egypt Friction Materials Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 71 Rest Of Middle East & Africa Friction Materials Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 72 New Product Development, 2013-2017
Table 73 Expansions, 2013-2017
Table 74 Acquisitions, 2013-2017
Table 75 Partnerships/Agreements/Contracts/Joint Venture, 2013-2017

List Of Figures

Figure 1 Friction Materials Market: Research Design
Figure 2 Market Size Estimation: Top-Down Approach
Figure 3 Market Size Estimation: Bottom-Up Approach
Figure 4 Friction Materials Market: Data Triangulation
Figure 5 Friction Materials Market, By Product, 2018 & 2023 (USD Billion)
Figure 6 Friction Materials Market, By Business Type, 2018 & 2023 (USD Billion)
Figure 7 Friction Materials Market, By Application, 2018 & 2023 (USD Billion)
Figure 8 Friction Materials Market, By End-Use Industry, 2018 & 2023 (USD Billion)
Figure 9 Asia Pacific Expected To Be Fastest-Growing Market For Friction Materials During Forecast Period
Figure 10 Increasing Demand For Friction Materials From Automotive End-Use Industry Segment Projected To Drive Market Growth
Figure 11 Asia Pacific Friction Materials Market Projected To Witness Highest Growth Between 2018 And 2023
Figure 12 Friction Pads Product Segment Estimated To Account For Largest Share Of Friction Materials Market In 2018
Figure 13 Friction Materials Market In China And India Projected To Register High Growth During Forecast Period
Figure 14 Asia Pacific And Europe Expected To Lead Friction Materials Market In Various Applications
Figure 15 Friction Materials Market: Drivers, Restraints, Opportunities, And Challenges
Figure 16 Porter’s Five Forces Analysis Of Friction Materials Market
Figure 17 The Linings Product Segment Of The Friction Materials Market Is Projected To Grow At A Higher CAGR From 2018 To 2023
Figure 18 Pads Product Segment In Asia Pacific Is Expected To Grow At The Highest CAGR During The Forecast Period
Figure 19 Asia Pacific Is Expected To Lead The Linings Product Segment From 2018 To 2023
Figure 20 Discs Product Segment In Asia Pacific Is Expected To Grow At The Highest CAGR During The Forecast Period
Figure 21 Block Product Segment In Asia Pacific Is Expected To Grow At The Highest CAGR During The Forecast Period
Figure 22 Others Product Segment In Asia Pacific Is Expected To Grow At The Highest CAGR During The Forecast Period
Figure 23 The Aftersales Business Type Segment Of The Friction Materials Market Is Projected To Grow At A Higher CAGR Than The Original Equipment Business Type Segment From 2018 To 2023
Figure 24 Asia Pacific Is Expected To Lead The Original Equipment (Oe) Business Type Segment From 2018 To 2023
Figure 25 Aftersales Business Type Segment In Asia Pacific Is Expected To Grow At The Highest CAGR During The Forecast Period
Figure 26 Brakes Is Estimated To Be The Largest Application Segment Of The Friction Materials Market During The Forecast Period
Figure 27 Asia Pacific Is Expected To Lead The Brakes Application Segment From 2018 To 2023
Figure 28 Clutches Application Segment In Asia Pacific Is Expected To Grow At The Highest CAGR During The Forecast Period
Figure 29 Industrial Brake & Transmission Systems Application Segment In Asia Pacific Is Expected To Grow At The Highest CAGR During The Forecast Period
Figure 30 Automotive Is Estimated To Be The Largest End-Use Industry Segment Of The Friction Materials Market During The Forecast Period
Figure 31 Asia Pacific Is Expected To Lead The Automotive End-Use Industry Segment From 2018 To 2023
Figure 32 Railway End-Use Industry Segment In Asia Pacific Is Expected To Grow At The Highest CAGR During The Forecast Period
Figure 33 Construction End-Use Industry Segment In Asia Pacific Is Expected To Grow At The Highest CAGR During The Forecast Period
Figure 34 Aerospace & Marine End-Use Industry Segment In Asia Pacific Is Expected To Grow At The Highest CAGR During The Forecast Period
Figure 35 Others End-Use Industry Segment In Asia Pacific Is Expected To Grow At The Highest CAGR During The Forecast Period
Figure 36 The China Friction Materials Market Is Projected To Grow At The Highest CAGR From 2018 To 2023
Figure 37 North America Friction Materials Market Snapshot
Figure 38 Asia Pacific Friction Materials Market Snapshot
Figure 39 Europe Friction Materials Market Snapshot
Figure 40 South America Friction Materials Market Snapshot
Figure 41 Middle East & Africa Friction Materials Market Snapshot
Figure 42 New Product Development Was The Most Preferred Strategy Adopted By The Key Companies To Grow In The Market
Figure 43 Market Ranking Analysis, 2017
Figure 44 Akebono Brake Industry: Company Snapshot
Figure 45 Federal-Mogul Holdings: Company Snapshot
Figure 46 Fras-Le: Company Snapshot
Figure 47 Nisshinbo Holdings: Company Snashot
Figure 48 Aisin Seiki: Company Snapshot
Figure 49 Itt Inc.: Company Snapshot
Figure 50 Miba: Company Snapshot

Companies Mentioned

Aisin Seiki
Akebono Brake Industry
Carlisle Brake & Friction (CBF)
Federal-Mogul Holdings
Fras-Le
ITT Inc.
Miba AG
Nisshinbo Holdings
Valeo Friction Materials India Private Limited
Yantai Hi-Pad Brake Technology

Table Information

Report Attribute	Details
No. of Pages	136
Published	October 2018
Forecast Period	2018 - 2023
Estimated Market Value ( USD ) in 2018	$ 44.65 million
Forecasted Market Value ( USD ) by 2023	$ 57.04 million
Compound Annual Growth Rate	5.0%
Regions Covered	Global
No. of Companies Mentioned	10

License	Format	Properties	Price
SINGLE USER LICENSE PDF	The product is a PDF.	This is a single user license, allowing one user access to the product.	€4839EUR$4,950USD£4,042GBP
1 - 5 USER LICENSE PDF	The product is a PDF.	This is a 1-5 user license, allowing up to five users have access to the product.	€6501EUR$6,650USD£5,430GBP
SITE LICENSE PDF	The product is a PDF.	This is a site license, allowing all users within a given geographical location of your organization access to the product.	€7967EUR$8,150USD£6,655GBP
ENTERPRISE LICENSE PDF	The product is a PDF.	This is an enterprise license, allowing all employees within your organization access to the product.	€9776EUR$10,000USD£8,166GBP

Friction Materials Market by Product (Pads, Linings, Discs, Blocks), Business Type (OE and Aftersales), Application (Brakes, Clutches), End-use Industry (Automotive, Railway, Construction), and Region - Global Forecast to 2023

Table of Contents

Companies Mentioned

Table Information

Table of Contents

Companies Mentioned

Table Information

Related Topics

Related Reports

Friction Materials Market by Product, Material, Application, End-User - Global Forecast 2025-2030

Automotive Brake Friction Materials Market Forecast (2025-2032): Industry Size, Market Share Data, Business Insights, Latest Trends, Opportunities, Competitive Analysis and Demand Outlook Report

Automotive Friction Materials Global Market Insights 2024, Analysis and Forecast to 2029, by Manufacturers, Regions, Technology, Application, Product Type

2024 Friction Materials Market Outlook Report: Industry Size, Market Shares Data, Insights, Growth Trends, Opportunities, Competition 2023 to 2031

2024 Global Forecast for Friction Materials Market (2025-2030 Outlook)-High Tech & Emerging Markets Report