What is the current Friction Material Market size?

The Friction Material Market is projected to register a CAGR of greater than 6% during the forecast period (2024-2029) Read More

Who are the key players in Friction Material Market?

Nisshinbo Holdings Inc. , AKEBONO BRAKE INDUSTRY CO., LTD., ITT INC., Miba AG and ANAND Group are the major companies operating in the Friction Material Market. Read More

Which is the fastest growing region in Friction Material Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Friction Material Market?

In 2024, the Asia Pacific accounts for the largest market share in Friction Material Market. Read More

What years does this Friction Material Market cover?

The report covers the Friction Material Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Friction Material Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Friction Materials Market Report | Industry Analysis, Size & Forecast Overview

Friction Materials Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The report covers Global Industrial Friction Materials Manufacturers and the market is Segmented by Type (Discs, Pads, Blocks, Linings, and Other Types), Material (Ceramic, Asbestos, Semi-metallic, Sintered Metals, Aramid Fibers, and Other Materials), Application (Clutch and Brake Systems, Gear Tooth Systems, and Other Applications), End-user Industry (Automotive, Railway, Aerospace, Mining, and Other End-user Industries), and Geography (Asia-Pacific, North America, Europe, South America, and Middle-East and Africa). The market size and forecasts are provided in terms of revenue (USD million) for all the above segments.

Friction Materials Industry Overview

The friction material market is partially consolidated in nature, with a few major players dominating a significant portion of the market. Some of the key players include Nisshinbo Holdings Inc., Akebono Brake Industry Co. Ltd, ITT Inc., Miba AG, and ANAND Group, among others.