Insight by Abdul Wasay, Chief Operating Officer at The Business Research Company
In response to fluctuating tariffs and geopolitical trade developments, the Brake Friction Products Market Outlook 2025 analyses how businesses are adapting through supply chain diversification and strategic sourcing.
What Is the Forecasted Market Size and CAGR for the Brake Friction Products Market?
The market size for brake friction products has seen consistent growth recently. The market value is expected to increase from $11.09 billion in 2024 to $11.59 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 4.5%.
What Is the Forecasted CAGR for the Brake Friction Products Market by 2029?
The brake friction products market is forecasted to reach a size of $14 billion in 2029, growing at a compound annual growth rate of 4.8%.
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What Are the Market Drivers in the Brake Friction Products Industry?
The key drivers in the brake friction products market are:
• Rising demand for high-performance, reliable braking systems
• Increasing vehicle ownership
• Pressure to reduce brake dust emissions
• Increase in infrastructural development and construction activities
What Is the Segment-Wise Breakdown of the Brake Friction Products Market?
The brake friction products market covered in this report is segmented –
1) By Product Type: Brake Disc, Pad, Drum, Shoe Liner
2) By Disc Material: Metallic Disc, Ceramic Disc
3) By Vehicle Type: Passenger Car, Lightweight Commercial Vehicle, Truck, Bus
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Which Emerging Trends Are Driving Growth in the Brake Friction Products Sector?
The key trends in the brake friction products market are:
• Integration of sensors and smart technologies is a significant emerging trend.
• The development of quieter braking systems is shaping the future of the market.
• Customization and personalization of brake friction products is a growing trend.
• Collaborations and partnerships are increasingly influencing the market's progression.
Which Companies Are Dominating the Brake Friction Products Market in Terms of Revenue?
Major players in the brake friction products market are:
• Meritor Inc.
• Miba HydraMechanica Corporation
• H-E Parts International LLC
• American Friction Inc.
• TMD Friction Holdings GmbH
• Hilliard Corporation
• Superior Graphite Co.
• Brake & Equipment Warehouse Inc.
• Raybestos Products Company
• Cardolite Corporation
• ProTec Friction Group
• Midwest Brake
• Logan Clutch Corporation
• Phoenix Friction Products
• Accurate Specialties
• ALL FRICTIONS CO. LLC
• Cook Bonding & Manufacturing Co. Inc.
• Cleveland Oak
• Pyrogenics Group/MINTEQ
• Clutch Engineering
• Great Lakes Friction Products
• Friction
• The Rowland Company
• Orttech
What Are the Regions Driving Demand in the Brake Friction Products Market?
Asia-Pacific was the largest region in the brake friction products market in 2024
