Market Research Report - 96396
Global Markets for Friction Products and Materials
|Published by||BCC Research|
|Published||Content info||215 Pages|
|Global Markets for Friction Products and Materials|
|Published: January 1, 2016||Content info: 215 Pages||
The global friction products and materials market was valued at $17.2 billion in 2014. This market is projected to grow from $18.0 billion in 2015 to $23.3 billion in 2020, a compound annual growth rate (CAGR) of 5.3% from 2015 to 2020.
The scope of this report is comprehensive, covering the present status of and future prospects for OE/aftermarket friction materials and products in North America (i.e., the United States and Canada), Western Europe, Japan, China, India and other global markets. The North American market is covered in the greatest detail. The report covers diverse segments such as light vehicles, medium- and heavy-duty trucks, the automotive aftermarket, aircraft/aerospace, construction and other off-road equipment and various industrial applications. These segments are analyzed in detail are technology developments, market conditions and opportunities, and five-year forecasts. The role of new technologies is reviewed in this comprehensive report.
In order to generate the information necessary to construct a reasonable future market for friction materials, it is necessary to undertake an examination of the advantages and disadvantages of the various types of materials. In particular, environmental concerns are very significant for some types of friction materials. This report covers two types of friction materials:
In addition to various friction materials and products, the report also covers the many issues concerning the merits and future prospects of the business, including corporate strategies, technologies and the means for providing these products and service offerings. It also covers in detail the social, political, regulatory and economic issues that so many regard as critical to the industry's current state of change. The report provides a review of the friction materials and products industry and its structure, and the many companies involved in providing these materials and technologies. The competitive position of the main players in the market and the strategic options they face are also discussed, as well as competitive factors such as marketing, distribution and operations.
The values presented in the forecast tables represent the value of the friction products purchased by the OE manufacturers and other industrial companies. These measure value at the point of apparent consumption, regardless of where the friction product was manufactured. For materials, the values represent those paid by the friction product manufacturers. The volume data represent the consumption of these materials by the friction product manufacturers at the point of manufacture for these products, regardless of where the product is sold and used.
The author of the original BCC Research study on which this report is based, Calvin Swift, has more than 25 years of experience in competitive intelligence, industrial market research, planning and marketing at major corporations, market research consultancies and think tanks. He advises and briefs management about economic and industry conditions, strategic developments and the effects of proposed developments in plastics, metals and other materials. The author has employed scenario analysis to investigate and research the future of industry to identify the impact of globalization, consolidation, demographics, changing industry structure and technological innovation. His particular interest lies in the interaction of strategy, economic and industry developments and innovation. He holds a BA and a MS degree in industrial economics and has completed other studies in business administration.
The analyst responsible for updating the report is Andrew McWilliams, a partner in the Boston-based international technology and marketing consulting firm, 43rd Parallel LLC. Mr. McWilliams is the author of numerous other BCC studies of advanced materials and their applications.