The Friction Material market is a subset of the Advanced Materials industry, which focuses on the development and production of materials with enhanced properties. Friction materials are used in a variety of applications, such as brakes, clutches, and transmissions, and are designed to reduce wear and tear on components. They are typically composed of a combination of materials, such as rubber, metal, and ceramic, and are designed to provide a balance of strength, durability, and heat resistance. Friction materials are used in a variety of industries, including automotive, aerospace, and industrial. As the demand for advanced materials continues to grow, the friction material market is expected to experience steady growth. Some companies in the Friction Material market include Federal-Mogul, Akebono Brake Industry, Nisshinbo Holdings, and Aisin Seiki. Show Less Read more
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