Friction materials—also known as brake materials and clutch materials—are used to induce friction in situations where slow or decreased movement is necessary. Friction is the resistance to relative motion that opposes an object’s direction of movement. Friction is created when a solid object comes into contact with a diverging surface. Friction can be used anywhere from slowing or stopping an object to accelerating it to a certain speed.
The report studies friction products (including brake pads, brake linings, clutch discs, brake blocks etc.) which are made from friction materials. They can be widely used in automotive, railway, industrial and aerospace field.
Request a Sample Copy or Connect for Further Details: https://www.themarketreports.com/report/ask-your-query/1426800
Global Friction Materials market is projected to reach US$ 34620 million in 2029, increasing from US$ 26020 million in 2022, with the CAGR of 3.9% during the period of 2023 to 2029. Influencing issues, such as economy environments, COVID-19 and Russia-Ukraine War, have led to great market fluctuations in the past few years and are considered comprehensively in the whole Friction Materials market research.
The key manufacturers of Friction Materials include Sangsin Brake, Akebono Brake, Nisshinbo, and Bosch, etc..The top four manufacturers all account for more than 3% of the world market, accounting for about 27%, in total.
The Asia-Pacific region is the largest market for friction materials, accounting for about 44% of the global market, followed by Europe and North America with about 26% and 20%, respectively.
In terms of product, it mainly include brake pads, brake linings, clutch discs, brake blocks and others. Brake pad is the main industry segment, accounting for more than 40% of the market. The brake lining market will further expand.
Friction materials are mainly used in passenger cars, commercial vehicles, motorcycles, railway, industrial machinery, construction machinery, agricultural machinery, wind turbines, aviation, and other aspects. Among them, passenger cars account for about 47%, which is the largest application market at present.
Scope of Friction Materials Market Report:
This report, based on historical analysis (2018-2022) and forecast calculation (2023-2029), aims to help readers to get a comprehensive understanding of global Attention Deficit Hyperactivity Disorder (ADHD) Treatment market with multiple angles, which provides sufficient supports to readers’ strategy and decision making.
Find more details about this report at: https://www.themarketreports.com/report/global-friction-materials-market-research-report
Segment by Type:
- Brake Pads
- Brake Linings
- Clutch Discs
- Brake Blocks
- Others
Segment by Application:
- Passenger Cars
- Commercial Vehicles
- Motorcycles
- Railway
- Industrial Machinery
- Construction Machinery
- Agricultural Machinery
- Wind Turbines
- Aviation
- Others
Production by Region:
- North America
- Europe
- China
- Japan
- South Korea
- India
Leading Key Players of Friction Materials Market:
- Akebono Brake
- Knorr-Bremse
- Nisshinbo
- Bosch
- Bremskerl
- Continental
- GMP Friction Products
- Tenneco
- Sangsin Brake
- BorgWarner
- Shandong Longji Machinery
- Miba
- Wabtec
- Shandong Gold Phoenix
- Alstom Flertex
- Svendborg Brakes (Altra Motion)
- Rane
- Beijing Puran Railway Braking High-Tech
- Carlisle Brake & Friction (CBF)
- Beijing Tianyishangjia New Material
For In-Depth Competitive Analysis, Purchase this Report: https://www.themarketreports.com/report/buy-now/1426800
The Friction Materials report covers below items:
Chapter 1: Product Basic Information (Definition, type and application)
Chapter 2: Manufacturers’ Competition Patterns
Chapter 3: Production Region Distribution and Analysis
Chapter 4: Country Level Sales Analysis
Chapter 5: Product Type Analysis
Chapter 6: Product Application Analysis
Chapter 7: Manufacturers’ Outline
Chapter 8: Industry Chain, Market Channel and Customer Analysis
Chapter 9: Market Opportunities and Challenges
Chapter 10: Market Conclusions
Chapter 11: Research Methodology and Data Source
About US:
At ‘The Market Reports’, we are a trusted market research firm dedicated to empowering businesses with valuable insights and data to drive their success. We offer a wide range of comprehensive market research reports to meet the unique needs of each client. From market analysis and competitive intelligence to consumer behaviour and trend forecasting, we provide the critical information necessary to make informed decisions and stay ahead of the competition. Our goal is to empower our clients with the knowledge they need to drive growth, make strategic investments, and seize new opportunities.
Contact US:
The Market Reports
Contact Person: Shirish Gupta
Phone: +1-631-407-1315 / +91-750-729-1479
Email Id: [email protected]
Add: SF-29, Sacred World, Wanawadi, Pune, 411040 (India)