Global Friction Material Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

Discs, Pads, Blocks, Linings, and Others.

By Material;

Ceramic, Asbestos, Semi-Metallic, Sintered Metals, Aramid Fibers, and Others.

By Application;

Clutch and Brake Systems, Gear Tooth Systems, and Others.

By End-User;

Automotive, Railway, Aerospace, Mining, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn516546926 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Friction Material Market (USD Million), 2021 - 2031

In the year 2024, the Global Friction Material Market was valued at USD 54,955.90 million. The size of this market is expected to increase to USD 76,814.41 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 4.9%.

The global friction material market has witnessed significant growth and transformation over recent years, driven by advancements in automotive technology and increasing industrial applications. Friction materials are essential components used in braking systems, clutches, and other mechanical systems where controlled friction is crucial. These materials ensure safety, efficiency, and performance across various sectors, including automotive, aerospace, and industrial machinery. As industries continue to evolve, the demand for high-performance and sustainable friction materials is on the rise.

One of the key drivers of the global friction material market is the automotive industry. With the growing emphasis on vehicle safety and performance, there is an increasing need for advanced friction materials that offer superior braking efficiency, durability, and reduced noise. The shift towards electric and hybrid vehicles is also influencing the market, as manufacturers seek to develop friction materials that can handle the unique demands of these new technologies while contributing to overall vehicle efficiency.

Another significant factor contributing to market growth is the rise in industrial activities and infrastructure development worldwide. Friction materials play a crucial role in various industrial applications, such as manufacturing equipment, heavy machinery, and power transmission systems. The expansion of industrial sectors, coupled with technological advancements, is driving the demand for high-quality friction materials that can withstand extreme operating conditions and improve operational reliability.

Despite the positive growth trajectory, the global friction material market faces challenges such as environmental regulations and the need for sustainable materials. As concerns about environmental impact and resource scarcity increase, there is a growing focus on developing eco-friendly friction materials that reduce emissions and waste. Companies are investing in research and development to create innovative solutions that balance performance with environmental responsibility, ensuring the continued growth and sustainability of the friction material market.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Material
    3. Market Snapshot, By Application
    4. Market Snapshot, By End-User
    5. Market Snapshot, By Region
  4. Global Friction Material Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing vehicle production rates
        2. Rising automotive safety standards
        3. Growth in construction activities
        4. Technological advancements in materials
      2. Restraints
        1. High raw material costs
        2. Environmental regulations and compliance
        3. Market saturation in developed regions
        4. Availability of substitute materials
      3. Opportunities
        1. Emerging markets expansion potential
        2. Demand for electric vehicles
        3. Innovation in friction materials
        4. Increasing aftermarket vehicle sales
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Friction Material Market, By Type, 2021 - 2031 (USD Million)
      1. Discs
      2. Pads
      3. Blocks
      4. Linings
      5. Others
    2. Global Friction Material Market, By Material, 2021 - 2031 (USD Million)
      1. Ceramic
      2. Asbestos
      3. Semi-Metallic
      4. Sintered Metals
      5. Aramid fibers
      6. Others
    3. Global Friction Material Market, By Application, 2021 - 2031 (USD Million)
      1. Clutch & Brake Systems
      2. Gear Tooth Systems
      3. Others
    4. Global Friction Material Market, By End-User, 2021 - 2031 (USD Million)
      1. Automotive
      2. Railway
      3. Aerospace
      4. Mining
      5. Others
    5. Global Friction Material Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Brembo S.p.A
      2. Akebono Brake Industry Co., Ltd
      3. Nisshinbo Brake Inc
      4. TMD Friction
      5. Continental AG
      6. Bendix Commercial Vehicle Systems LLC
      7. Federal-Mogul Corporation
      8. Haldex AB
      9. Raybestos
      10. FMP (Fras-le S.A.)
  7. Analyst Views
  8. Future Outlook of the Market