Us Automotive Friction Materials Market Size By Applications, By Type, By End-User, By Deployment & By Technology 2032
Automotive Friction Materials Market was valued at USD 27.12 Billion in 2022 and is projected to reach USD 39.25 Billion by 2030, growing at a CAGR of 5.05% from 2024 to 2030.
The U.S. automotive friction materials market is a vital segment of the automotive industry, encompassing components such as brake pads, linings, and shoes that are essential for vehicle safety and performance. These materials are designed to create the necessary friction to slow down or stop vehicles effectively.
In recent years, the market has experienced significant growth, driven by factors such as increasing vehicle production, rising consumer demand for high-performance vehicles, and advancements in material science. The adoption of electric vehicles (EVs) has also influenced the market, as these vehicles often require specialized friction materials to accommodate their unique braking systems.
Key players in the U.S. automotive friction materials market include Federal-Mogul, a company known for its extensive range of powertrain components and system protection products. Quaker Houghton, a global leader in industrial process fluids, has also made significant contributions to the market, particularly in the development of lubricants and metalworking fluids that complement friction materials. Additionally, Lehigh Technologies has introduced innovative micronized rubber powders, enhancing the performance and sustainability of friction materials.
The market is characterized by a diverse range of products tailored to meet the specific requirements of various vehicle types and driving conditions. Environmental considerations have led to the development of eco-friendly friction materials, reducing the use of harmful substances like copper, which has been phased out in certain regions due to its negative impact on aquatic life. This shift has prompted manufacturers to explore alternative materials and formulations to meet regulatory standards and consumer expectations.
Technological advancements continue to shape the market, with ongoing research focused on enhancing the durability, performance, and environmental impact of friction materials. The integration of advanced materials and manufacturing processes aims to produce components that offer superior performance while minimizing environmental footprints.
In summary, the U.S. automotive friction materials market is a dynamic and evolving sector, driven by technological innovation, regulatory changes, and shifting consumer preferences. As the automotive industry continues to advance, the demand for high-quality, sustainable, and performance-oriented friction materials is expected to grow, presenting opportunities for manufacturers and suppliers to innovate and meet the evolving needs of the market.
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Akebono Brake Industry
Tenneco(Federal-Mogul)
Fras-Le
ITT
Aisin Seiki
Nisshinbo
MIBA
Carlisle Brake & Friction (CBF)
Valeo Friction Materials
Yantai Hi-Pad Brake Technology
Brembo
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Automotive Friction Materials Market
Organic Friction Materials
Metallic Friction Materials
Semi-Metallic Friction Materials
Ceramic Friction Materials
Low-Metallic Friction Materials
Passenger Vehicles
Commercial Vehicles
Two-Wheelers
Electric Vehicles
Heavy-Duty Vehicles
Disc Brakes
Drum Brakes
Anti-lock Braking Systems (ABS)
Traction Control Systems (TCS)
Electronic Brake-force Distribution (EBD)
Front-Wheel Drive (FWD)
Rear-Wheel Drive (RWD)
All-Wheel Drive (AWD)
Four-Wheel Drive (4WD)
OEM (Original Equipment Manufacturer)
Aftermarket
Online Sales
Retail Stores
Distributors and Wholesalers
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Automotive Friction Materials Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Automotive Friction Materials Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Automotive Friction Materials Market, By Type
6. Global Automotive Friction Materials Market, By Application
7. Global Automotive Friction Materials Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Automotive Friction Materials Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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