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

By End-User;

Automotive , Industrial, Aerospace, and Others.

By Vehicle Type;

Passenger Car, Light Weight Commercial Vehicle, Truck, and Bus.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn402228460 Published Date: March, 2025 Updated Date: April, 2025

Introduction

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

In the year 2024, the Global Friction Products Market was valued at USD 11,105.64 million. The size of this market is expected to increase to USD 15,419.58 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 4.8%.

The surge in the adoption of brake discs, particularly in passenger cars, driven by stringent governmental regulations mandating their use, is a significant catalyst propelling demand for frictional products in the market. These products play a crucial role in creating the frictional force necessary to bring vehicles to a halt, enhancing safety on the road. Brake pads, featuring elastomeric components, exert pressure on rotating metal discs, generating heat and facilitating vehicle stopping. Consequently, the widespread use of these products aids in accident prevention and ensures driver safety, thereby augmenting demand. Moreover, substantial investments by companies in research and development endeavors aimed at innovating technologies to meet the evolving needs of automotive OEMs further contribute to market growth. For instance, Bosch's introduction of a new brake disc aimed at reducing pollution from brake dust underscores such initiatives, positioning the market for robust growth in the foreseeable future.

However, the COVID-19 pandemic has inflicted a negative impact on the brake friction products market. Stringent lockdown measures have curtailed people's mobility, resulting in a sudden decline in vehicle miles traveled (VMT).

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By End-User
    2. Market Snapshot, By Vehicle Type
    3. Market Snapshot, By Region
  4. Global Friction Products Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Rising Demand for Vehicles
        2. Stringent Emission Regulations
        3. Growing Focus on Safety
      2. Restraints
        1. High Cost of Raw Materials
        2. Stringent Environmental Regulations
      3. Opportunities
        1. Emerging Economies
        2. Aftermarket 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 Products Market, By End-User, 2021 - 2031 (USD Million)
      1. Automotive
      2. Industrial
      3. Aerospace
      4. Others
    2. Global Friction Products Market, By Vehicle Type, 2021 - 2031 (USD Million)
      1. Passenger Car
      2. Lightweight Commercial Vehicle
      3. Truck
      4. Bus
    3. Global Friction Products 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. Aisin Seiki Co. Ltd
      2. Akebono Brake Industry Co. Ltd
      3. Carlisle Companies Inc
      4. Continental AG
      5. Delphi Technologies Plc
      6. Fras-Le SA
      7. ITT Inc
      8. Nisshinbo Holdings Inc
      9. Robert Bosch GmbH
      10. Tenneco Inc
  7. Analyst Views
  8. Future Outlook of the Market