Global Friction Materials Market - 2022-2029
本報告提供全球摩擦材料的市場調查，彙整市場定義和概要，新型冠狀病毒感染疾病 (COVID-19) 以及其他的市場影響因素的分析，法律制度，市場規模的轉變·預測，各種區分·地區/各主要國家的明細，競爭環境，主要企業簡介等資訊。
The global friction materials market size was worth US$ XX million in 2021 and is estimated to reach US$ XX million by 2029, growing at a CAGR of XX % during the forecast period (2022-2029).
Friction materials provide friction in various circumstances requiring slow and reduced movement. Friction is a resistance that seeks to stop items from moving. It happens when a tangible item collides with a diverging surface. Friction is used in operating systems, brake & clutch systems, industrial machinery & gear tooth systems, requiring slowing and stopping activities.
Friction is needed in the brake system, clutch and grinding processes. The brake pads/shoes are pressed against the revolving brake disc or drum during the braking action. Brakes are used to slow and stop moving vehicles and hold them still while stopped.
The market is positively impacted by the growing demand for passenger and commercial cars, which leads to increased use of friction materials in automotive components. During the forecast period, the aerospace, machinery and construction industries are likely to boost the need for friction products and materials.
Rising demand for friction products and materials in the automotive sector
The rise in demand for friction goods and materials from the automotive end-user industry propels the market forward. It, in turn, drives the global market for friction materials. Furthermore, manufacturers focus on producing innovative friction products as part of the business plan to obtain a better presence in the friction goods & materials industry.
TMD Friction, for instance, introduced Textar, a premium brake pad with a dampening shim, in July 2017. The brake pad is made to decrease noise while enhancing the braking performance. Minimizing direct contact between backing plates and brake pistons also lowers vibration transfer. As a result of the increased demand for friction products in the automotive industry, the global market for friction products & materials is expected to grow during the projected period.
Increasing development of aerospace and construction sectors
The aerospace, machinery and construction industries will likely boost the need for friction products and materials during the forecast period. Additionally, manufacturers focus on enacting numerous standards governing the compounds used in brake friction materials.
In California, for example, the use of friction compounds containing more than 0.5 percent copper is expected to be prohibited in new autos beginning in 2025. Akebono focuses on inventing, producing and distributing friction materials to comply with the new law.
High maintenance costs
Friction materials' high cost and maintenance are predicted to stifle market expansion. When a vehicle is running, for example, brake usage becomes necessary. As a result, the brake is requested more frequently, necessitating more brake pad adjustments and replacements, making the friction system very expensive due to the high maintenance costs.
COVID-19 Impact Analysis
COVID-19 harmed the market in 2020. During the pandemic scenario, automotive manufacturing was temporarily halted during the lockdown, reducing the consumption of friction materials used in clutches, gears, braking systems and other vehicle components. Furthermore, during the pandemic, passenger train and air transport services were suspended for an extended period, reducing the consumption of friction materials used in train braking systems and aircraft clutches, brakes and gears.
Freight trains, on the other hand, were moving at full speed. For example, overall freight loading through Indian railways amounted to around US$ 57.47 million tonnes until August 19, 2020, representing a 6.6% increase over the same time in 2019, boosting demand for braking systems of freight trains.
By end-user, the friction materials market is segmented into railway, automotive, construction and others.
The automotive industry holds the lion's share.
Friction materials are increasingly being used in both light-duty and heavy-duty automobiles. Friction materials are utilized in clutches, brakes and gears, among other places in automobiles. A friction brake slows down a vehicle by turning its kinetic energy into heat and dispersing it into the environment. Out of all the materials used, sintered metal materials are well-suited for heavy-duty applications like mining truck carriers.
Due to continuous engagement and disengagement of the clutch, ceramic material clutches can tolerate a lot of heat and work without fading at temperatures up to 550°C. Due to their heat resistance is useful for racing applications and braking technology in various high-end autos.
Rising investments in industrial & automotive sectors in Asia-Pacific
Due to China and India's enormous industrial and automotive sectors and ongoing investments in the region to develop the construction sector, Asia-Pacific will likely dominate the global market. China and India's expanding demand for trucks, buses, railways, industrial machinery and robotics drive the demand for friction materials in various applications.
China has the world's largest vehicle manufacturing industry. Due to the statewide shutdown, numerous auto businesses shut down their manufacturing operations as the virus progressed. Aside from the Hubei-based automakers, Tesla's new facility in Shanghai was shut down, delaying the Model 3's manufacturing deadline. Volkswagen has also halted production at all of its Chinese factories.
Friction materials are also used in the railway industry. The Indian Railways, according to IBEF, has one of the world's largest rail networks, with a route length of 1,23,236 kilometers, 13,523 passenger trains and 9,146 freight trains and a passenger capacity of 23 million.
India and China are rapidly expanding their aerospace manufacturing industries, likely to boost market demand. According to the Boeing Commercial Market Outlook 2020-2039, Asia-Pacific region will get roughly 17,485 new airplane deliveries between 2020 and 2039. By 2039, the overall airplane fleet volume in the region will have increased to almost 18,770 units, which is predicted to increase the demand for friction materials.
The friction material industry is partially concentrated, with a few dominant manufacturers controlling a large market share. Industry players are concentrating their efforts on developing more efficient and cost-effective friction materials. Federal-Mogul Motorparts, for example, offered Jurid replacement brake pads for German automobiles registered in North America in April 2017. Jurid pads cover around 98 percent of German passenger automobiles registered in U.S. and Canada.
Major companies in the global friction materials market include Akebono Brake Industry, Federal-Mogul Holdings, Fras-Le, Nisshinbo Holdings, Aisin Seiki, Itt Inc., MIBA AG, Valeo Friction Materials India Private Limited, Carlisle Brake & Friction (CBF) and Yantai Hi-Pad Brake Technology.
Overview: Miba is one of the most important strategic partners for the global engine and automotive sectors, as well as providers in the fields of energy generation and transmission, oil and gas and plant engineering. Motor vehicles, trains, ships, aircraft, power plants, refineries, compressors and industrial pumps all employ Miba sintered components, engine and industrial bearings, friction materials, power electronics components and coatings.
Product Portfolio: Sintered components, engine and industrial bearings, friction materials, power electronics components and coatings are among the company's products, utilized in motor vehicles, trains, ships, airplanes, power plants, refineries, compressors and industrial pumps, all over the world. The Miba Friction Group's friction materials are used in clutches and brakes in the international automotive and machine sectors. The Miba Friction Group contributes to full clutch and brake system efficiency gains by creating novel friction materials and continuously enhancing existing friction materials.
Key Development: On its site in Vrable, near Nitra, friction expert Miba Steeltec is constructing a new, extra building. A new structure will increase the manufacturing area to around 16,500 square meters. In addition, 600 square meters of office space will be constructed. The buildings will be expanded to a total area of around 20,500 square feet. The Miba Friction Group establishes its first R&D department outside Austria in Vrable. In addition to the 700 jobs now available, 80 more opportunities will be created.
Visualize the composition of the friction materials market segmentation by product, business, application, end-user and region, highlighting the critical commercial assets and players.
Identify commercial opportunities in the friction materials market by analyzing trends and co-development deals.
Excel data sheet with thousands of friction materials market-level 4/5 segmentation points.
Pdf report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study.
Product mapping in excel for the key product of all major market players
The global friction materials market report would provide access to an approx. 69 market data table, 63 figures and 180 pages.
Target Audience 2022
Friction Materials Service Providers/ Buyers
Industry Investors/Investment Bankers
Education & Research Institutes
Friction Materials Manufacturers
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