Product Code: ETC13261899 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 |
According to 6Wresearch internal database and industry insights, the Global Friction Material Market was valued at USD 21.7 Billion in 2024 and is expected to reach USD 31.2 Billion by 2031, growing at a compound annual growth rate of 7.30% during the forecast period (2025-2031).
The Global Friction Material Market is experiencing steady growth due to the increasing demand from automotive, aerospace, and industrial sectors. Friction materials are crucial components used in brake systems, clutches, and other applications where friction is required. The market is driven by the growing automotive industry, stringent safety regulations, and the need for improved performance and durability of friction materials. Additionally, the rise in electric vehicles and increasing focus on lightweight materials are influencing market growth. Asia-Pacific dominates the market due to the presence of key automotive manufacturers and industrial development in countries like China and India. Key players in the market include Akebono Brake Industry Co., Ltd., BorgWarner Inc., and Federal-Mogul LLC, among others. The market is expected to continue growing as technological advancements and innovation drive further product development and expansion into new applications.
The Global Friction Material Market is witnessing a shift towards environmentally friendly and high-performance materials to meet the growing demand for automotive and industrial applications. Key trends include the adoption of advanced composite materials, such as carbon composites and ceramic materials, to enhance performance and durability. Another significant trend is the increasing focus on noise reduction and vibration damping properties in friction materials. Opportunities in the market lie in the development of friction materials for electric vehicles, as well as the growing demand for friction materials in the aerospace and defense sectors. Market players are also exploring opportunities in emerging economies with expanding automotive and manufacturing industries, presenting a favorable landscape for growth and innovation in the Global Friction Material Market.
The Global Friction Material Market faces several challenges, including the increasing demand for electric vehicles and the consequent shift towards regenerative braking systems, which may reduce the need for traditional friction materials. Additionally, environmental regulations pushing for the use of more eco-friendly materials in friction products are a challenge for manufacturers to innovate and meet sustainability requirements while maintaining performance standards. Competition from low-cost manufacturers in emerging markets is also a concern, leading to pricing pressures for established market players. Moreover, fluctuations in raw material prices and supply chain disruptions pose challenges in maintaining cost-efficiency and uninterrupted production for companies in the friction material industry. Balancing these factors while adapting to changing market dynamics is crucial for sustained growth in the Global Friction Material Market.
The Global Friction Material Market is primarily driven by the increasing demand for automobiles, particularly in emerging economies, leading to higher production of vehicles. Stringent regulations regarding vehicle safety and emissions have also fueled the demand for high-performance friction materials for automotive applications. Additionally, the growing awareness of the importance of regular maintenance and replacement of friction materials in vehicles to ensure safety and optimal performance is contributing to market growth. Technological advancements in friction material manufacturing, such as the development of eco-friendly and long-lasting materials, are further propelling market expansion. The increasing focus on sustainability and reducing carbon footprint is also pushing manufacturers to innovate and offer more environmentally friendly friction materials to meet consumer preferences and regulatory requirements.
Government policies related to the Global Friction Material Market vary across different regions. In the United States, regulations such as the Clean Air Act and Occupational Safety and Health Administration (OSHA) standards impact the manufacturing and use of friction materials, emphasizing environmental and worker safety considerations. In the European Union, regulations like REACH (Registration, Evaluation, Authorization and Restriction of Chemicals) govern the use of certain substances in friction materials to protect human health and the environment. Additionally, countries like China and India have their own specific regulations to ensure product quality and safety standards in the friction material industry. Overall, government policies in various regions aim to promote sustainable practices, protect consumer safety, and regulate the use of potentially harmful substances in the Global Friction Material Market.
The Global Friction Material Market is expected to witness steady growth in the coming years, driven by the increasing demand for friction materials in the automotive industry. With the rise in vehicle production and the growing focus on safety regulations, there is a growing need for high-performance friction materials for use in brakes and clutches. Additionally, the expansion of industries such as aerospace, construction, and industrial manufacturing is expected to further contribute to the market growth. Technological advancements in friction material formulations to improve performance, durability, and sustainability will also play a key role in shaping the future of the market. However, challenges such as fluctuating raw material prices and the shift towards electric vehicles may impact market dynamics to some extent. Overall, the Global Friction Material Market is poised for a positive trajectory in the foreseeable future.
In the Global Friction Material Market, Asia holds a significant market share due to the presence of major automotive manufacturing hubs like China, India, and Japan. The increasing demand for passenger and commercial vehicles in these countries drives the growth of the friction material market. North America and Europe also play a crucial role in the market, driven by the strong presence of automotive and aerospace industries. In the Middle East and Africa region, the market is primarily influenced by the expanding industrial sector and the growth of aftermarket sales. Latin America shows potential for growth due to the rising automotive production and increasing investments in infrastructure development. Overall, these regional insights highlight diverse opportunities and challenges for the global friction material market.
Global Friction Material Market |
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Global Friction Material Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Friction Material Market Revenues & Volume, 2021 & 2031F |
3.3 Global Friction Material Market - Industry Life Cycle |
3.4 Global Friction Material Market - Porter's Five Forces |
3.5 Global Friction Material Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Friction Material Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.7 Global Friction Material Market Revenues & Volume Share, By Business Type, 2021 & 2031F |
3.8 Global Friction Material Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.9 Global Friction Material Market Revenues & Volume Share, By End-Use Industry, 2021 & 2031F |
4 Global Friction Material Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Friction Material Market Trends |
6 Global Friction Material Market, 2021 - 2031 |
6.1 Global Friction Material Market, Revenues & Volume, By Product, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Friction Material Market, Revenues & Volume, By Lining, 2021 - 2031 |
6.1.3 Global Friction Material Market, Revenues & Volume, By Pads, 2021 - 2031 |
6.1.4 Global Friction Material Market, Revenues & Volume, By Blocks, 2021 - 2031 |
6.1.5 Global Friction Material Market, Revenues & Volume, By Discs, 2021 - 2031 |
6.1.6 Global Friction Material Market, Revenues & Volume, By Others (Rolls, Sheets, Etc.), 2021 - 2031 |
6.2 Global Friction Material Market, Revenues & Volume, By Business Type, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Friction Material Market, Revenues & Volume, By OE, 2021 - 2031 |
6.2.3 Global Friction Material Market, Revenues & Volume, By Aftersales, 2021 - 2031 |
6.3 Global Friction Material Market, Revenues & Volume, By Application, 2021 - 2031 |
6.3.1 Overview & Analysis |
6.3.2 Global Friction Material Market, Revenues & Volume, By Brakes, 2021 - 2031 |
6.3.3 Global Friction Material Market, Revenues & Volume, By Clutches, 2021 - 2031 |
6.3.4 Global Friction Material Market, Revenues & Volume, By Industrial Brake & Transmission Systems, 2021 - 2031 |
6.4 Global Friction Material Market, Revenues & Volume, By End-Use Industry, 2021 - 2031 |
6.4.1 Overview & Analysis |
6.4.2 Global Friction Material Market, Revenues & Volume, By Automotive, 2021 - 2031 |
6.4.3 Global Friction Material Market, Revenues & Volume, By Railway, 2021 - 2031 |
6.4.4 Global Friction Material Market, Revenues & Volume, By Construction, 2021 - 2031 |
6.4.5 Global Friction Material Market, Revenues & Volume, By Aerospace & Marine, 2021 - 2031 |
6.4.6 Global Friction Material Market, Revenues & Volume, By Others (Agriculture, Mining, Etc.), 2021 - 2031 |
7 North America Friction Material Market, Overview & Analysis |
7.1 North America Friction Material Market Revenues & Volume, 2021 - 2031 |
7.2 North America Friction Material Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Friction Material Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Friction Material Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Friction Material Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Friction Material Market, Revenues & Volume, By Product, 2021 - 2031 |
7.4 North America Friction Material Market, Revenues & Volume, By Business Type, 2021 - 2031 |
7.5 North America Friction Material Market, Revenues & Volume, By Application, 2021 - 2031 |
7.6 North America Friction Material Market, Revenues & Volume, By End-Use Industry, 2021 - 2031 |
8 Latin America (LATAM) Friction Material Market, Overview & Analysis |
8.1 Latin America (LATAM) Friction Material Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Friction Material Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Friction Material Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Friction Material Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Friction Material Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Friction Material Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Friction Material Market, Revenues & Volume, By Product, 2021 - 2031 |
8.4 Latin America (LATAM) Friction Material Market, Revenues & Volume, By Business Type, 2021 - 2031 |
8.5 Latin America (LATAM) Friction Material Market, Revenues & Volume, By Application, 2021 - 2031 |
8.6 Latin America (LATAM) Friction Material Market, Revenues & Volume, By End-Use Industry, 2021 - 2031 |
9 Asia Friction Material Market, Overview & Analysis |
9.1 Asia Friction Material Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Friction Material Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Friction Material Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Friction Material Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Friction Material Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Friction Material Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Friction Material Market, Revenues & Volume, By Product, 2021 - 2031 |
9.4 Asia Friction Material Market, Revenues & Volume, By Business Type, 2021 - 2031 |
9.5 Asia Friction Material Market, Revenues & Volume, By Application, 2021 - 2031 |
9.6 Asia Friction Material Market, Revenues & Volume, By End-Use Industry, 2021 - 2031 |
10 Africa Friction Material Market, Overview & Analysis |
10.1 Africa Friction Material Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Friction Material Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Friction Material Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Friction Material Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Friction Material Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Friction Material Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Friction Material Market, Revenues & Volume, By Product, 2021 - 2031 |
10.4 Africa Friction Material Market, Revenues & Volume, By Business Type, 2021 - 2031 |
10.5 Africa Friction Material Market, Revenues & Volume, By Application, 2021 - 2031 |
10.6 Africa Friction Material Market, Revenues & Volume, By End-Use Industry, 2021 - 2031 |
11 Europe Friction Material Market, Overview & Analysis |
11.1 Europe Friction Material Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Friction Material Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Friction Material Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Friction Material Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Friction Material Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Friction Material Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Friction Material Market, Revenues & Volume, By Product, 2021 - 2031 |
11.4 Europe Friction Material Market, Revenues & Volume, By Business Type, 2021 - 2031 |
11.5 Europe Friction Material Market, Revenues & Volume, By Application, 2021 - 2031 |
11.6 Europe Friction Material Market, Revenues & Volume, By End-Use Industry, 2021 - 2031 |
12 Middle East Friction Material Market, Overview & Analysis |
12.1 Middle East Friction Material Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Friction Material Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Friction Material Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Friction Material Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Friction Material Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Friction Material Market, Revenues & Volume, By Product, 2021 - 2031 |
12.4 Middle East Friction Material Market, Revenues & Volume, By Business Type, 2021 - 2031 |
12.5 Middle East Friction Material Market, Revenues & Volume, By Application, 2021 - 2031 |
12.6 Middle East Friction Material Market, Revenues & Volume, By End-Use Industry, 2021 - 2031 |
13 Global Friction Material Market Key Performance Indicators |
14 Global Friction Material Market - Export/Import By Countries Assessment |
15 Global Friction Material Market - Opportunity Assessment |
15.1 Global Friction Material Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Friction Material Market Opportunity Assessment, By Product, 2021 & 2031F |
15.3 Global Friction Material Market Opportunity Assessment, By Business Type, 2021 & 2031F |
15.4 Global Friction Material Market Opportunity Assessment, By Application, 2021 & 2031F |
15.5 Global Friction Material Market Opportunity Assessment, By End-Use Industry, 2021 & 2031F |
16 Global Friction Material Market - Competitive Landscape |
16.1 Global Friction Material Market Revenue Share, By Companies, 2024 |
16.2 Global Friction Material Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |