Global Automotive Brake Friction Materials Market 2021-2025

The publisher has been monitoring the automotive brake friction materials market and it is poised to grow by $1.20 billion during 2021-2025, progressing at a CAGR of almost 3% during the forecast period. Our report on the automotive brake friction materials market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the easy availability of low-cost friction materials and the adherence to stringent laws formulated by governments.

The automotive brake friction materials market analysis includes the application segment and geographic landscape.

The automotive brake friction materials market is segmented as below:

By Application

• Passenger cars
• LCVs
• MCVs and HCVs

By Geographic Landscape

• APAC
• Europe
• North America
• South America
• MEA

This study identifies the production shift to low-cost countriesas one of the prime reasons driving the automotive brake friction materials market growth during the next few years.

The report on automotive brake friction materials market covers the following areas:

• Automotive brake friction materials market sizing
• Automotive brake friction materials market forecast
• Automotive brake friction materials market industry analysis

The publisher's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading automotive brake friction materials market vendors that include Aisin Corp, Akebono Brake Industry Co. Ltd., Brembo Spa, Continental AG, General Motors Co., Knorr Bremse AG, Nisshinbo Holdings Inc., Robert Bosch GmbH, Showa Denko Materials Co. Ltd., and ZF Friedrichshafen AG. Also, the automotive brake friction materials market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.