Market Research Reports
Resources
About
Cart (0)

The Friction Product & Materials Market

Report Code: AVM028D

Publish Date: Aug 2009

Publisher: BCC Publishing

Category: Advanced Materials

Customize This Report

Single User License: $2500

Member Price: FREE

EXPLORE OFFERS

Explore Our Services

Already a member? Login to access this report free.

Report Highlights

  • The ground transportation segment of the friction products and materials market was worth more than $5.8 billion in 2008. That was expected to decline slightly to $5.5 billion in 2009, and rise to 8.1 billion in 2014, for a 5- year compound annual growth rate (CAGR) of 8%.
  • The aircraft/aerospace market is the smallest of the segments, but is expected to rise slightly from 2008 to 2009, $938 million to $941 million, and increase at a CAGR of 7.7% to reach nearly $1.4 billion in 2014.
  • The industrial segment, combined with other smaller segments, amounted to nearly $4.7 billion in 2008, but is expected to decline to less than $4.3 billion in 2009. A rebound is projected for 2014, however, to nearly $6.3 billion, for a CAGR of 8%.

INTRODUCTION

STUDY GOALS AND OBJECTIVES
 
The goal of this report is to provide a detailed and comprehensive multi-client study of the global market for friction products and materials in light vehicles, medium- and heavy-duty trucks, aircraft, and other industrial applications, as well as potential business opportunities in the future. Greater detail, however, is provided for North America. The report covers both original equipment (OE) markets and the aftermarket. Its objectives include a thorough coverage of the underlying economic issues driving the friction products and materials business, as well as assessments of new and potential products that companies are developing. Social, political, and regulatory issues are also covered, as are international markets. Another important objective is to provide realistic market data and forecasts for friction products and materials.
 
REASONS FOR DOING THE STUDY
 
It has been 3 years since BCC Research’s last technical market study on friction products and materials. The main reason for doing this study is that the market in North America is continuing to undergo significant changes. Many of the end-use markets collapsed in the early years of the decade and with increased globalization, customer industries are moving offshore, in particular to China. 
Moreover, the friction materials industry is still relatively secretive, and as such it is very difficult to obtain solid information on how much of these materials are being sold and where. There are very few sources concerning friction materials, and they have presented a most incomplete picture. Estimates for the size of the friction materials market have been few and far between, although a number of companies have shown interest in the market.
INTENDED AUDIENCE

Audiences for this study include marketing executives, business unit managers, and other decision-makers in friction products and materials companies. Technology suppliers, suppliers of plastic resins and other materials, and other companies peripheral to this business also represent a key audience.
SCOPE OF REPORT
 
The scope of this report is comprehensive, covering the present status of and future prospects for OE/aftermarket friction materials and products in North America. As defined in this report, North America includes the United States and Canada. The report includes diverse segments such as light vehicles, medium- and heavy-duty trucks, the automotive aftermarket, aircraft/aerospace, construction and other off-road equipment, and various industrial applications. These are analyzed in detail as well as technology developments, market conditions and opportunities, and 5-year forecasts. The role of new technologies is reviewed in this comprehensive report. This BCC Research study analyzes the current North America market in detail and identifies the most promising market opportunities for the next 5 years for both OE and aftermarket applications. The markets in Western Europe, Japan, China, India, and other global markets are covered as well.
In order to generate the information necessary to construct a reasonable future market for friction materials, it is necessary to undertake an examination of the advantages and disadvantages of the various types of materials. In particular, environmental concerns are very significant for some types of friction materials. This report covers two types of friction materials:
  • Dry friction materials, such as non-asbestos organic (NAO), semimetallic low-metallic, and asbestos friction materials
  • Wet-friction materials such as paper products
In addition to various friction materials and products, it also covers the many issues concerning the merits and future prospects of the business, including corporate strategies, technologies, and the means for providing these products and service offerings. It also covers in detail the social, political, regulatory, and economic issues that so many regard as critical to the industry’s current state of change. The report provides a review of the friction materials and products industry and its structure, and the many companies involved in providing these materials and technologies. The competitive position of the main players in the market and the strategic options they face are also discussed, as well as such competitive factors as marketing, distribution, and operations.
The values presented in the forecast tables represent the value of the friction products purchased by the OE manufacturers and other industrial companies. These measure value at the point of apparent consumption, regardless of where the friction product was manufactured. For materials, the values represent those paid by the friction product manufacturers. The volume data represent the consumption of these materials by the friction product manufacturers at the point of manufacture for these products, regardless of where the product is sold and used. As a result, the tables representing materials consumed and the tables representing friction products are not comparable at the national and regional level. Consumption of these materials and the value of the friction products are, of course, comparable at the global level. 
In this report, the term revenue is equivalent to and is used interchangeably with the terms purchases, demand, and sales. All growth rates mentioned in the tables and in the text are based on the compound annual growth rate (CAGR) from 2009 through 2014. In most cases, the actual quantity or volume (in pounds) is measured and the calculated growth rates are easy to comprehend. Because (2009) dollar measures are used to measure revenues, these growth rates reflect the growth in volume or real growth as well as the effects of price changes and changes in product/service mix. Readers should also be advised that with 2009 featuring a synchronized recession that has adversely affected all end-use markets for friction materials, sales activity is down significantly from 2008, and forecasts to 2014 reflect a strong cyclical component in a recovery in addition to expected structural changes. As a result, the growth rates may appear high because of this cyclical recovery. 
INFORMATION SOURCES
 
The research methodology was qualitative in nature and employed a triangulating approach, which aids validity. Initially, a comprehensive and exhaustive search of the literature on friction materials and products was conducted. These secondary sources included automotive and related journals and books, trade literature, marketing literature, other product/promotional literature, annual reports, security analyst reports, and other publications.  
In a second phase, a series of semistructured interviews were conducted with marketing executives, engineers, business unit managers, design engineers, and other personnel at the friction materials and products companies. Other sources included academics, technology, and materials suppliers, technical experts, trade association officials, government officials, and consulting companies. These were rich sources of data. Subsequent analysis of the documents and interview notes was iterative.
AUTHOR’S CREDENTIALS
 
The author has more than 25 years of experience in competitive intelligence, industrial market research, planning and marketing at major corporations, market research consultancies, and think tanks. He advises and briefs management about economic and industry conditions, strategic developments, and the effects of proposed developments in plastics, metals, and other materials. The author has employed scenario analysis to investigate and research the future of industry to identify the impact of globalization, consolidation, demographics, changing industry structure, and technological innovation. His particular interest lies in the interaction of strategy, economic and industry developments, and innovation. He holds a BA and a MS degree in industrial economics, and has completed other studies in business administration.
 
RELATED BCC WORK CREDENTIALS
 
Founded in 1971, BCC Research is known throughout the world for its technical-economic reports and services. The company has studied major market, economic, environmental, and technological developments that have characterized industry during the past two decades to produce reports, newsletters, and conferences. In the process, BCC has focused on advanced materials, high-technology systems and components, and novel processing methods since the development and marketing of these phenomena assert a profound influence on manufacturers and users on a worldwide scale. 
BCC Research clients include almost every major corporation in the United States, Canada, Western Europe, and Japan.
BCC ONLINE SERVICES
 
BCC offers an online information retrieval service. BCC’s home page, located at www.bccresearch.com, enables readers to:
  • Examine BCC’s complete catalog of Market Research Reports and place direct orders
  • Subscribe to any of BCC’s many industry newsletters
  • Read announcements of recently published reports and newly launched newsletters
  • Register for BCC’s well-known conferences
  • Request additional information on any BCC product
  • Take advantage of special offers
DISCLAIMER
 
The information developed in this report is intended to be as reliable as possible at the time of publication and of a professional nature. This information does not constitute managerial, legal, or accounting advice; nor should it serve as a corporate policy guide, laboratory manual, or an endorsement of any product, as much of the information is speculative in nature. The author assumes no responsibility for any loss or damage that might result from reliance on the reported information or its use.
Need a custom data table, graph, region, segment, companies or complete report? CUSTOMIZE NOW
Let us assist you! Our analysts are ready to tailor this report to your specific need. Talk to Our Analyst

Table of Contents

All reports provided in PDF format. For shared licensing options (5+ Users), please call a representative at (+1) 781-489-7301 or contact us at info@bccresearch.com
[+] Show Chapter Details
Title/Chapter NamePagesMember Price
Full Report: The Friction Product & Materials Market275Free
Chapter- 1: INTRODUCTION5Free
Chapter- 2: SUMMARY4Free
Chapter- 3: TECHNOLOGICAL, ECONOMIC, AND REGULATORY ENVIRONMENT25Free
Chapter- 4: FRICTION MATERIALS52Free
Chapter- 5: FRICTION PRODUCTS AND MARKETS71Free
Chapter- 6: INTERNATIONAL MARKETS16Free
Chapter- 7: INDUSTRY STRUCTURE AND STRATEGIC CHANGES21Free
Chapter- 8: C. CRAMER & CO. GMBH81Free
Published - Feb-2007| Analyst - Calvin Swift| Code - AVM028C

Report Highlights

  • The North American friction products and materials market was worth $6.9 billion in 2006. By the end of 2007, the market will be worth slightly less, taking a dip to $6.8 billion. By the end of 2012, the market will be worth 7.7 billion with a compound annual growth rate (CAGR) of 2.6%.
  • Ground transportation will maintain the highest share of the market throughout the forecast period. By the end of 2006 the market was worth $3.9 billion, 57.3% of the market. By 2012, this share will drop slightly to 55.8%.
  • The aircraft and aerospace sectors of the market remain the fastest growing, with a 4.5% CAGR throughout the forecast period.
Published - Nov-2003| Analyst - Calvin Swift| Code - AVM028B

Report Highlights

REPORT HIGHLIGHTS

  • The global market for friction products and materials is estimated at $6.8 billion in 2003 and is expected to rise at an average annual growth rate (AAGR) of 2.6% to reach $7.75 billion in 2008.
  • Both original equipment and aftermarket ground transportation applications represent the largest single market for friction materials, accounting for 55% of the total, but features the lowest growth.
  • Friction materials in aircraft/aerospace, a segment drastically affected by the 1990s reduction of defense spending and the aftermath of September 11th, accounts for 10% of the total. It is now growing at an AAGR of 4.5% over the long term.
  • Railway, construction and other off-road, oilfield, and other industrial applications typically account for the remaining 35%, and is expected to rise at an AAGR of 2.9% during the forecast period.

Related Reports

Recent Reports

Metal-organic Frameworks: Global Markets

Published - Dec 2024 | Publisher - BCC Publishing | Code - AVM200B

The global market for metal-organic frameworks is expected to grow from $459.6 million in 2024 to $949.2 million by the end of 2029, at a compound annual growth rate (CAGR) of 15.6% from 2024 through 2029.

Advanced Materials for Extreme Environments: Global Markets

Published - Dec 2024 | Publisher - BCC Publishing | Code - AVM198B

The global market for advanced materials for extreme environments reached $3.2 billion in 2023. This market is expected to grow from $3.4 billion in 2024 to $4.5 billion by 2029, at a compound annual growth rate (CAGR) of 5.8% from 2024 to 2029.

Sustainable Fabrics: Global Markets

Published - Oct 2024 | Publisher - BCC Publishing | Code - AVM251A

This report provides an overview of the global sustainable fabrics market and a detailed analysis of the market player’s products and strategies. It presents analyses of the global market based on material type, application and region. Using 2023 as the base year, the report provides market estimates for 2024 through 2029.

Advanced Materials for 3D Printing: Technologies and Global Markets

Published - Sep 2024 | Publisher - Yukti Chaturvedi | Code - AVM101E

The global market for advanced materials for 3D printing is estimated to increase from $3.3 billion in 2023 to reach $8.6 billion by 2029, at a compound annual growth rate (CAGR) of 18.1% from 2024 through 2029.

Wire and Cable: Materials, Technologies and Global Markets

Published - Sep 2024 | Publisher - BCC Publishing | Code - AVM072D

The global market for wire and cable is expected to grow from $254.0 billion in 2024 and is projected to reach $387.3 billion by the end of 2029, at a compound annual growth rate (CAGR) of 8.8% during the forecast period of 2024 to 2029.

Top Trending Reports

Single-use Technologies for Biopharmaceuticals: Global Markets

Published - Nov 2024 | Publisher - BCC Publishing | Code - BIO099F

The global market for single-use technologies for biopharmaceuticals is expected to grow from $6.5 billion in 2024 and is projected to reach $11.2 billion by the end of 2029, at a compound annual growth rate (CAGR) of 11.6% during the forecast period of 2024 to 2029.

Cell and Gene Therapy Tools, and Reagents: Global Markets

Published - Nov 2024 | Publisher - BCC Publishing | Code - BIO208C

The global market for Cell and Gene Therapy (CGT) Tools and Reagents is estimated to increase from $10.0 billion in 2024 to reach $16.7 billion by 2029, at a compound annual growth rate (CAGR) of 10.8% from 2024 through 2029.

Medical Devices Industry: Competitive Landscape

Published - Nov 2024 | Publisher - BCC Publishing | Code - MDS010C

The global market for medical devices is estimated to increase from 810.4 billion in 2024 to reach $1.3 trillion by 2029, at a compound annual growth rate (CAGR) of 9.8% from 2024 through 2029.

Global Market Opportunities and Competitive Landscape for CDMO

Published - Nov 2024 | Publisher - BCC Publishing | Code - PHM238B

The global CDMO market was valued at $128.0 billion in 2023. This market is expected to grow from $136.6 billion in 2024 to $191.6 billion by the end of 2029, at a compound annual growth rate (CAGR) of 7.0% from 2024 to 2029.

Chronic Disease Management: Therapeutics, Device Technologies and Global Markets

Published - Oct 2024 | Publisher - BCC Publishing | Code - HLC239C

The global market for chronic disease management therapeutics and device technologies was valued at $675.0 billion in 2023. It is projected to grow from $726.3 billion in 2024 to $1.1 trillion by 2029, at a compound annual growth rate (CAGR) of 8.1% from 2024 through 2029.

Become A Member

BCC Research offers a comprehensive library of reports, granting members unlimited access to data, insights, and market intelligence for informed business decisions, while actively supporting members in their evolving journeys and prioritizing high-quality, relevant topics based on continuous engagement with the research community.

Find Out More

Custom Consulting

BCC Research emphasizes the importance of organizations leveraging highly customized market insights aligned with specific strategic business objectives through direct engagement with primary sources and proprietary forecasting models for profitable decision-making in maximizing growth opportunities and minimizing risks.

Customize Now

Scorecard

The Venture Scorecard provides commercialization offices and decision makers with expert analysis, offering strategic insights crucial for aligning objectives with market realities at various stages of commercializing new products or evaluating investment opportunities, from opportunity assessment to growth planning.

Find Out More

Innovation Spotlight

Our industry experts offer strategic guidance to maximize the market potential of commercialized products, patents, and IP by providing insights into market trends, competitive dynamics, and effective positioning, using the Innovation Spotlight service for enhanced exposure to thought leaders and the wider community.

Find Out More
The Friction Product & Materials Market
Customize This Report
Customize Report
Stay Informed

Join our mailing list for the latest report releases and upcoming event notifications.

Headquartered in Boston, Mass., for over 50 years, BCC Research takes pride in being your trusted custom research and data analysts. Our mission is to provide businesses with reputable data and market research reports, so that they gain new perspectives into their field and better understand their target audience. We enable companies to access reliable information, accurate forecasts, and actionable insights, so that they may become leaders in their industry.
Contact
© 2024 BCC Research
Privacy Policy |Site Map|Terms & Conditions