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

By Product;

Pads, Lining , Discs, Blocks, and Others.

By Business Type;

Original Equipment (OE) and Aftersales.

By Application;

Brakes, Clutches, and Industrial Brake & Transmission Systems.

By End-User Industry;

Automotive, Railway, Construction, Aerospace & Marine, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn015693116 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Friction Products and Materials Market (USD Million), 2021 - 2031

In the year 2024, the Global Friction Products and Materials Market was valued at USD 25,927.25 million. The size of this market is expected to increase to USD 37,715.83 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.5%.

The COVID-19 pandemic had a notable adverse impact on the friction products and materials market in 2020. With automotive manufacturing temporarily halted during lockdowns, the demand for friction materials in vehicle components like clutches, gears, and braking systems plummeted. Similarly, the suspension of passenger train and air transport services led to reduced consumption of friction materials in train braking systems and aircraft components such as clutches, brakes, and gears. However, freight train operations remained robust, contributing to increased demand for friction materials in their braking systems. For example, Indian railways experienced a 6.6% growth in freight loading till August 19, 2020, compared to the previous year, bolstering demand in this sector.

In the short term, the market is anticipated to benefit from rising demand for friction material products in various industrial machinery applications. Conversely, challenges related to the high costs and maintenance requirements of friction materials could impede market growth.

The Asia-Pacific region is poised to lead the market during the forecast period, driven by substantial consumption in key countries like China, India, and Japan.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product
    2. Market Snapshot, By Business Type
    3. Market Snapshot, By Application
    4. Market Snapshot, By End-User Industry
    5. Market Snapshot, By Region
  4. Global Friction Products and Materials Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing Demand for Vehicles
        2. Stringent Emission Regulations
        3. Advancements in Technology
      2. Restraints
        1. High Cost of Raw Materials
        2. Stringent Safety Regulations
      3. Opportunities
        1. Growth of the Aftermarket
        2. Expansion into New Markets
    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 Products and Materials Market, By Product, 2021- 2031 (USD Million)
      1. Pads
      2. Lining
      3. Discs
      4. Blocks
      5. Others
    2. Global Friction Products and Materials Market, By Business Type, 2021 - 2031 (USD Million)
      1. Original Equipment (OE)
      2. Aftersales
    3. Global Friction Products and Materials Market, By Application, 2021- 2031 (USD Million)
      1. Brakes
      2. Clutches
      3. Industrial Brake & Transmission Systems
    4. Global Friction Products and Materials Market, By End-User Industry, 2021 - 2031 (USD Million)
      1. Automotive
      2. Railway
      3. Construction
      4. Aerospace & Marine
      5. Others
    5. Global Friction Products and Materials 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. ABS FRICTION CORP
      2. Akebono Brake Industry
      3. Carlisle Brake & Friction (CBF)
      4. European Friction Industries Ltd
      5. Fras-le
      6. GMP Friction Products
      7. Hindustan Composites Ltd
      8. MIBA AG
      9. Nisshinbo Holdings Inc
      10. Tenneco (Federal-Mogul Holding)
  7. Analyst Views
  8. Future Outlook of the Market