PUBLISHER: TechNavio | PRODUCT CODE: 1910975
PUBLISHER: TechNavio | PRODUCT CODE: 1910975
The global friction products market is forecasted to grow by USD 10130.3 mn during 2025-2030, accelerating at a CAGR of 5.9% during the forecast period. The report on the global friction products market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by aging fleet of automobiles, increasing procurement of new aircraft, improvements in friction material performance.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
| Market Scope | |
|---|---|
| Base Year | 2026 |
| End Year | 2030 |
| Series Year | 2026-2030 |
| Growth Momentum | Accelerate |
| YOY 2026 | 5.6% |
| CAGR | 5.9% |
| Incremental Value | $10130.3 mn |
Technavio's global friction products market is segmented as below:
By Product
By Material Type
By Distribution Channel
Geography
This study identifies the development of high-performance adaptive braking systems as one of the prime reasons driving the global friction products market growth during the next few years. Also, shift toward lightweight braking materials in automotive industry and growing use of ceramic fiber in manufacturing of friction products will lead to sizable demand in the market.
The report on the global friction products market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading global friction products market vendors that include ABS Friction Inc., AISIN Corp., Akebono Brake Industry Co., ANAND Group, ASK Automotive Ltd., Brembo Spa, BREMSKERL Group, Carlisle Co. Inc., EBC Brakes, General Metals Powder Co., Hindustan Composites Ltd., Honeywell International Inc., Icer Brakes SA, ITT Inc., Knorr Bremse AG, LUMAG Sp. z o.o., Miba AG, Nisshinbo Holdings Inc., Robert Bosch GmbH, Tenneco Inc.. Also, the global friction products market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.