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Global Market Report on Friction Products and Materials

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Title: Global Market Report on Friction Products and Materials


1
Global Report on Friction Products and
Materials
2
Summary
The global friction products and materials market
was valued at 17.2 billion in 2014. This market
is projected to grow from 18.0 billion in 2015
to 23.3 billion in 2020, a compound annual
growth rate (CAGR) of 5.3 from 2015 to
2020. This report provides -An overview of the
global market for friction products and materials
in light vehicles, medium- and heavy-duty trucks,
aircraft, and other industrial applications -Anal
yses of market trends with data from 2014,
estimates for 2015, and projections of compound
annual growth rates (CAGRs) through 2020
3
INTRODUCTION STUDY GOALS AND OBJECTIVES This
report is an updated edition of a study published
in 2013. Its goal is to provide a detailed and
comprehensive 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.
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.
4

REASONS FOR DOING THE STUDY The last technical
market study on friction products and materials,
was published in mid-2013. Since then, the
friction material market has continued to evolve
as a result of the slow and uneven recovery from
the 2008 to 2009 recession in most of the
developed markets and the faltering growth of
customer industries in emerging markets such as
China and India. 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 present a most
incomplete picture. Estimates for the size of the
friction materials market are scarce, although a
number of companies have shown interest in the
market.
5

INTENDED AUDIENCE The potential audience for
this study includes marketing executives,
business unit managers and other decision-makers
for friction products and materials companies.
Technology suppliers, suppliers of plastic resins
and other materials, and other companies involved
in 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
(i.e., the United States and Canada), Western
Europe, Japan, China, India and other global
markets. The North American market is covered in
the greatest detail.
6

The report covers 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 segments
are analyzed in detail are technology
developments, market conditions and
opportunities, and five-year forecasts. The role
of new technologies is reviewed in this
comprehensive report. 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),
semi-metallic, low-metallic and asbestos friction
materials. -Wet-friction materials such as paper
products.
7

In addition to various friction materials and
products, the report 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 industrys 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
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.
8

INFORMATION SOURCES 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 semi-structured interviews was
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.
9
Table of Contents
1 INTRODUCTION 2 SUMMARY 3 TECHNOLOGICAL,
ECONOMIC AND REGULATORY ENVIRONMENT 4 FRICTION
MATERIALS 5 FRICTION PRODUCTS AND MARKETS 6
INTERNATIONAL MARKETS 7 INDUSTRY STRUCTURE AND
STRATEGIC CHANGES 8 COMPANY PROFILES
10
To view the full Executive Summary and Table
of Contents, please visit Global Report on
Friction Products and Materials Contact Us-
Phone 91-22-27810772/73 Email id
info_at_bharatbook.com Website
www.bharatbook.com Our Blog
https//www.bharatbook.com/blog/
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