Product Description
The Friction Materials market was valued at US$ xx in 2023. The market for Friction Materials is projected to grow from US$ xx million in 2024, and is projected to reach xx by 2031, at a CAGR of xx% during the forecast period. Projected and forecast revenue values are in constant U.S. dollars, unadjusted for inflation. Product values are estimated based on manufacturers' revenue.
The report offers detailed coverage of Friction Materials industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Friction Materials by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
In addition to this data, the report provides insight into drivers of market demand and strategies of suppliers. Key players are profiled, and their market shares in the global Friction Materials market are discussed.
The market is segmented by types:
Liquid Type (Phenolic Resol Resins)
Powder Type (Phenolic Novolac Resins)
It can be also divided by applications:
Automotive
Railway
Aeronautics
Industrial
And this report covers the historical situation, present status and the future prospects of the global Friction Materials market for 2021-2031. In this report, we analyze global market from 5 geographies: Asia-Pacific, Europe, North America, Middle East & Africa, South America.
Finally, the report provides detailed profile and data information analysis of leading company.
Sumitomo Bakelite
Hexion
Mitsui Chemicals
DIC Corporation
Shengquan Group
KANGNAM CHEMICAL
Shandong Laiwu Runda New Material
Kuentek Cashew
Sprea Misr
Zhejiang Hangzhou Friction Composites
Report Includes:
- xx data tables and xx additional tables
- An overview of global Friction Materials market
- An detailed key players analysis across regions
- Analyses of global market trends, with historical data, estimates for 2024 and projections of compound annual growth rates (CAGRs) through 2031
- Insights into regulatory and environmental developments
- Information on the supply and demand scenario and evaluation of technological and investment opportunities in the Friction Materials market
- Profiles of major players in the industry, including Sumitomo Bakelite, Hexion, Mitsui Chemicals, DIC Corporation, Shengquan Group.....
Research objectives
To study and analyze the global Friction Materials consumption (value & volume) by key regions/countries, product type and application, history data from 2019 to 2021, and Forecast to 2031.
To understand the structure of Friction Materials market by identifying its various subsegments.
Focuses on the key global Friction Materials manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, Porter's five forces analysis, SWOT analysis and development plans in next few years.
To analyze the Friction Materials with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Friction Materials submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.