The global Friction Materials Market Study analyzes and forecasts the market size across 6 regions and 24 countries for diverse segments -By Type (Discs, Pads, Blocks, Linings, Others), By Material (Ceramic, Asbestos, Semi-metallic, Sintered Metals, Aramid Fibers, Others), By Application (Clutch and Brake Systems, Gear Tooth Systems, Others), By End-User (Automotive, Railway, Aerospace, Mining, Others).
In 2024, the market for friction materials is characterized by its integral role in various industries, including automotive, aerospace, manufacturing, and construction. Friction materials are crucial components used in brake systems, clutches, and other applications where controlled friction is essential for safe and efficient operation. These materials are engineered to withstand high temperatures, provide consistent performance, and ensure reliable braking and transmission functions. With advancements in materials science and manufacturing techniques, manufacturers are developing innovative friction materials with improved durability, thermal stability, and environmental sustainability. As industries prioritize safety, performance, and regulatory compliance, the demand for high-quality friction materials is expected to growing, driving market expansion and fostering innovation in the field of friction materials.
The market report analyses the leading companies in the industry including ABS Friction, Akebono Brake Industry Co. Ltd, ANAND Group, Brembo SpA, ITT Inc, Japan Brake Industrial Co. Ltd, Miba AG, Nisshinbo Holdings Inc, Tenneco Inc, Yantai Haina Brake Technology Co. Ltd, and others.
A prominent trend in the friction materials market is the transition towards low-noise and high-performance friction materials. With increasing focus on vehicle comfort, safety, and regulatory requirements, there is a growing demand for friction materials that offer reduced noise, vibration, and harshness (NVH) characteristics while maintaining excellent braking performance. Manufacturers are developing innovative friction formulations with advanced materials and additives to minimize brake squeal, improve thermal stability, and enhance overall braking efficiency. This trend is driven by consumer preferences for quieter and smoother driving experiences, automotive industry advancements in brake system technology, and regulatory mandates aimed at reducing noise pollution and improving vehicle safety standards.
A significant driver propelling the friction materials market is the growth in automotive production and vehicle fleet expansion globally. Friction materials are essential components of automotive braking systems, used in passenger cars, commercial vehicles, motorcycles, and off-highway vehicles. As populations grow, urbanization accelerates, and disposable incomes rise, there is an increasing demand for vehicles for personal transportation, goods delivery, and industrial applications. Additionally, regulatory mandates for vehicle safety standards, emission reduction, and fuel efficiency drive the adoption of advanced braking technologies, stimulating the demand for high-quality friction materials. The expansion of automotive manufacturing, coupled with the replacement and upgrade of existing vehicle fleets, fuels the growth of the friction materials market.
An opportunity for the friction materials market lies in the development of friction materials tailored for electric and autonomous vehicles. With the rapid electrification and autonomous driving revolution reshaping the automotive industry, there is a growing need for friction materials that can meet the unique requirements of electric and self-driving vehicles. Electric vehicles (EVs) pose challenges such as higher weight due to battery packs, regenerative braking systems, and different operating conditions compared to conventional internal combustion engine vehicles. Friction materials optimized for EVs need to deliver consistent performance, energy efficiency, and durability while minimizing wear on braking components. Similarly, autonomous vehicles (AVs) require friction materials capable of providing precise and reliable braking performance to support advanced driver assistance systems (ADAS) and ensure passenger safety in various driving scenarios. By focusing on research and development initiatives and collaborating with automotive OEMs and technology providers, friction material manufacturers can seize opportunities in the fast-growing electric and autonomous vehicle markets.
Among the types listed in the Friction Materials Market, "Pads" is the largest segment. Pads are widely utilized in various automotive applications, including passenger cars, commercial vehicles, and motorcycles. They serve as essential components of braking systems, providing the necessary friction to slow down or stop vehicles effectively. With the continuous growth of the automotive industry globally, particularly in emerging economies, the demand for brake pads has witnessed a significant surge. Additionally, advancements in brake pad materials and manufacturing technologies have led to the development of high-performance pads that offer improved durability, noise reduction, and heat dissipation, further driving their adoption. Furthermore, stringent regulations mandating vehicle safety standards and the increasing focus on reducing carbon emissions have compelled automakers to invest in superior braking systems, boosting the demand for high-quality brake pads. Over the forecast period, these factors contribute to the substantial market share held by the Pads segment within the Friction Materials Market.
Within the Friction Materials Market, the Ceramic segment stands out as the fastest-growing. Ceramic materials offer exceptional performance characteristics, including high temperature resistance, excellent wear properties, and superior frictional stability. These qualities make ceramic friction materials highly desirable for demanding applications such as high-performance vehicles, heavy-duty trucks, and racing cars. Moreover, the increasing emphasis on environmental sustainability and regulations restricting the use of hazardous materials, such as asbestos, has accelerated the adoption of ceramic friction materials as eco-friendly alternatives. Additionally, advancements in ceramic material technology have led to the development of innovative formulations that further enhance performance and durability, driving their adoption across various industries. As a result, the Ceramic segment is experiencing rapid growth as manufacturers and end-users recognize the value proposition offered by these advanced friction materials.
In the Friction Materials Market, the Clutch and Brake Systems segment is the largest segment. The large revenue share can be attributed to the widespread application of friction materials in these systems across various industries. Clutch and brake systems are integral components in automotive vehicles, industrial machinery, and equipment, playing critical roles in controlling speed, motion, and stopping power. The automotive sector, in particular, represents a significant portion of the market demand, with passenger cars, commercial vehicles, and motorcycles all requiring robust clutch and brake systems for safe and efficient operation. Moreover, the increasing production and sales of vehicles globally, driven by rising urbanization, disposable income levels, and industrialization, further fuel the demand for friction materials in clutch and brake systems. Additionally, advancements in material technology and design have led to the development of high-performance friction materials tailored specifically for these applications, enhancing their reliability, durability, and overall performance. As a result, the Clutch and Brake Systems segment continue to maintain its position as the largest segment within the Friction Materials Market.
Within the Friction Materials Market, the Mining segment stands out as the fastest-growing segment. This growth is driven by the demand within the mining industry. In particular, the increasing global demand for raw materials, including minerals, metals, and aggregates, has led to a significant expansion of mining operations worldwide. As mining activities intensify to meet this demand, there is a corresponding need for robust equipment and machinery capable of withstanding harsh operating conditions. Friction materials play a crucial role in the braking and clutch systems of heavy-duty mining equipment such as haul trucks, excavators, and drills, where they ensure reliable performance and safety during operations. Additionally, advancements in mining technology and equipment have led to the adoption of more sophisticated braking and clutch systems, further driving the demand for specialized friction materials tailored to withstand the extreme pressures, temperatures, and abrasion encountered in mining environments. Furthermore, stringent safety regulations and a growing emphasis on reducing downtime and maintenance costs in the mining sector have also contributed to the increased adoption of high-performance friction materials. As a result, the Mining segment is experiencing rapid growth within the Friction Materials Market.
By Type
Discs
Pads
Blocks
Linings
Others
By Material
Ceramic
Asbestos
Semi-metallic
Sintered Metals
Aramid Fibers
Others
By Application
Clutch and Brake Systems
Gear Tooth Systems
Others
By End-User
Automotive
Railway
Aerospace
Mining
Others
Countries Analyzed
North America (US, Canada, Mexico)
Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Australia, South East Asia, Rest of Asia)
South America (Brazil, Argentina, Rest of South America)
Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East, South Africa, Egypt, Rest of Africa)
ABS Friction
Akebono Brake Industry Co. Ltd
ANAND Group
Brembo SpA
ITT Inc
Japan Brake Industrial Co. Ltd
Miba AG
Nisshinbo Holdings Inc
Tenneco Inc
Yantai Haina Brake Technology Co. Ltd
*- List Not Exhaustive
TABLE OF CONTENTS
1 Introduction to 2024 Friction Materials Market
1.1 Market Overview
1.2 Quick Facts
1.3 Scope/Objective of the Study
1.4 Market Definition
1.5 Countries and Regions Covered
1.6 Units, Currency, and Conversions
1.7 Industry Value Chain
2 Research Methodology
2.1 Market Size Estimation
2.2 Sources and Research Methodology
2.3 Data Triangulation
2.4 Assumptions and Limitations
3 Executive Summary
3.1 Global Friction Materials Market Size Outlook, $ Million, 2021 to 2032
3.2 Friction Materials Market Outlook by Type, $ Million, 2021 to 2032
3.3 Friction Materials Market Outlook by Product, $ Million, 2021 to 2032
3.4 Friction Materials Market Outlook by Application, $ Million, 2021 to 2032
3.5 Friction Materials Market Outlook by Key Countries, $ Million, 2021 to 2032
4 Market Dynamics
4.1 Key Driving Forces of Friction Materials Industry
4.2 Key Market Trends in Friction Materials Industry
4.3 Potential Opportunities in Friction Materials Industry
4.4 Key Challenges in Friction Materials Industry
5 Market Factor Analysis
5.1 Value Chain Analysis
5.2 Competitive Landscape
5.2.1 Global Friction Materials Market Share by Company (%), 2023
5.2.2 Product Offerings by Company
5.3 Porter’s Five Forces Analysis
5.4 Pricing Analysis and Outlook
6 Growth Outlook Across Scenarios
6.1 Growth Analysis-Case Scenario Definitions
6.2 Low Growth Scenario Forecasts
6.3 Reference Growth Scenario Forecasts
6.4 High Growth Scenario Forecasts
7 Global Friction Materials Market Outlook by Segments
7.1 Friction Materials Market Outlook by Segments, $ Million, 2021- 2032
By Type
Discs
Pads
Blocks
Linings
Others
By Material
Ceramic
Asbestos
Semi-metallic
Sintered Metals
Aramid Fibers
Others
By Application
Clutch and Brake Systems
Gear Tooth Systems
Others
By End-User
Automotive
Railway
Aerospace
Mining
Others
8 North America Friction Materials Market Analysis and Outlook To 2032
8.1 Introduction to North America Friction Materials Markets in 2024
8.2 North America Friction Materials Market Size Outlook by Country, 2021-2032
8.2.1 United States
8.2.2 Canada
8.2.3 Mexico
8.3 North America Friction Materials Market size Outlook by Segments, 2021-2032
By Type
Discs
Pads
Blocks
Linings
Others
By Material
Ceramic
Asbestos
Semi-metallic
Sintered Metals
Aramid Fibers
Others
By Application
Clutch and Brake Systems
Gear Tooth Systems
Others
By End-User
Automotive
Railway
Aerospace
Mining
Others
9 Europe Friction Materials Market Analysis and Outlook To 2032
9.1 Introduction to Europe Friction Materials Markets in 2024
9.2 Europe Friction Materials Market Size Outlook by Country, 2021-2032
9.2.1 Germany
9.2.2 France
9.2.3 Spain
9.2.4 United Kingdom
9.2.4 Italy
9.2.5 Russia
9.2.6 Norway
9.2.7 Rest of Europe
9.3 Europe Friction Materials Market Size Outlook by Segments, 2021-2032
By Type
Discs
Pads
Blocks
Linings
Others
By Material
Ceramic
Asbestos
Semi-metallic
Sintered Metals
Aramid Fibers
Others
By Application
Clutch and Brake Systems
Gear Tooth Systems
Others
By End-User
Automotive
Railway
Aerospace
Mining
Others
10 Asia Pacific Friction Materials Market Analysis and Outlook To 2032
10.1 Introduction to Asia Pacific Friction Materials Markets in 2024
10.2 Asia Pacific Friction Materials Market Size Outlook by Country, 2021-2032
10.2.1 China
10.2.2 India
10.2.3 Japan
10.2.4 South Korea
10.2.5 Indonesia
10.2.6 Malaysia
10.2.7 Australia
10.2.8 Rest of Asia Pacific
10.3 Asia Pacific Friction Materials Market size Outlook by Segments, 2021-2032
By Type
Discs
Pads
Blocks
Linings
Others
By Material
Ceramic
Asbestos
Semi-metallic
Sintered Metals
Aramid Fibers
Others
By Application
Clutch and Brake Systems
Gear Tooth Systems
Others
By End-User
Automotive
Railway
Aerospace
Mining
Others
11 South America Friction Materials Market Analysis and Outlook To 2032
11.1 Introduction to South America Friction Materials Markets in 2024
11.2 South America Friction Materials Market Size Outlook by Country, 2021-2032
11.2.1 Brazil
11.2.2 Argentina
11.2.3 Rest of South America
11.3 South America Friction Materials Market size Outlook by Segments, 2021-2032
By Type
Discs
Pads
Blocks
Linings
Others
By Material
Ceramic
Asbestos
Semi-metallic
Sintered Metals
Aramid Fibers
Others
By Application
Clutch and Brake Systems
Gear Tooth Systems
Others
By End-User
Automotive
Railway
Aerospace
Mining
Others
12 Middle East and Africa Friction Materials Market Analysis and Outlook To 2032
12.1 Introduction to Middle East and Africa Friction Materials Markets in 2024
12.2 Middle East and Africa Friction Materials Market Size Outlook by Country, 2021-2032
12.2.1 Saudi Arabia
12.2.2 UAE
12.2.3 Oman
12.2.4 Rest of Middle East
12.2.5 Egypt
12.2.6 Nigeria
12.2.7 South Africa
12.2.8 Rest of Africa
12.3 Middle East and Africa Friction Materials Market size Outlook by Segments, 2021-2032
By Type
Discs
Pads
Blocks
Linings
Others
By Material
Ceramic
Asbestos
Semi-metallic
Sintered Metals
Aramid Fibers
Others
By Application
Clutch and Brake Systems
Gear Tooth Systems
Others
By End-User
Automotive
Railway
Aerospace
Mining
Others
13 Company Profiles
13.1 Company Snapshot
13.2 SWOT Profiles
13.3 Products and Services
13.4 Recent Developments
13.5 Financial Profile
ABS Friction
Akebono Brake Industry Co. Ltd
ANAND Group
Brembo SpA
ITT Inc
Japan Brake Industrial Co. Ltd
Miba AG
Nisshinbo Holdings Inc
Tenneco Inc
Yantai Haina Brake Technology Co. Ltd
14 Appendix
14.1 Customization Offerings
14.2 Subscription Services
14.3 Related Reports
14.4 Publisher Expertise
By Type
Discs
Pads
Blocks
Linings
Others
By Material
Ceramic
Asbestos
Semi-metallic
Sintered Metals
Aramid Fibers
Others
By Application
Clutch and Brake Systems
Gear Tooth Systems
Others
By End-User
Automotive
Railway
Aerospace
Mining
Others
Countries Analyzed
North America (US, Canada, Mexico)
Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Australia, South East Asia, Rest of Asia)
South America (Brazil, Argentina, Rest of South America)
Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East, South Africa, Egypt, Rest of Africa)
Global Friction Materials Market Size is valued at $54.5 Billion in 2024 and is forecast to register a growth rate (CAGR) of 5.7% to reach $84.9 Billion by 2032.
Emerging Markets across Asia Pacific, Europe, and Americas present robust growth prospects.
ABS Friction, Akebono Brake Industry Co. Ltd, ANAND Group, Brembo SpA, ITT Inc, Japan Brake Industrial Co. Ltd, Miba AG, Nisshinbo Holdings Inc, Tenneco Inc, Yantai Haina Brake Technology Co. Ltd
Base Year- 2023; Estimated Year- 2024; Historic Period- 2018-2023; Forecast period- 2024 to 2032; Currency: Revenue (USD); Volume