Global Friction Products and Materials Market Driven by Inno

Dublin, Oct. 16, 2023 (GLOBE NEWSWIRE) -- The "Friction Products and Materials - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering. The global market for Friction Products and Materials, valued at US$28.4 billion in 2022, is on a trajectory of substantial expansion, projected to reach a remarkable size of US$43.6 billion by 2030. This impressive growth is expected to occur at a steady compound annual growth rate (CAGR) of 5.5% during the analysis period

Related Keywords

Australia , China , United States , Yantai , Shandong , South Korea , Friedrichshafen , Baden Wüberg , Germany , Amiba , Xizang , Canada , Japan , Ukraine , Dublin , Ireland , India , Russia , Aisin Seiki , Youtube , Mogul Holdings , Co Ltd , Pad Brake Technology , Zf Friedrichshafen , Nisshinbo Holdings , Aerospace Applications , Global Oil Prices Still Remains Higher Than , Honeywell Corporation , Itt Inc , Strategic Business , Friction Products , Lining Segment , China Forecasted , Topics Covered , Diverse Industry Verticals Drives Growth Momentum , Global Friction Products , First Time Since , Russia Ukraine War , Per Barrel , Than Anticipated Decline Makes Inflation , Stickier Than Expected Problem , Global Inflation Rates , Economy Faces , Tough Climb Towards Recovery Made Rockier , Persistent Challenges , Slower Decline , Underlying Core Inflation , World Economic Growth Projections , Key Competitors Percentage Market Share , Market Presence , Players Worldwide , Materials Guidelines Hold Strict Stance , Systems Line , Innovative Friction , Hybrid Friction Material Composites , Evolving Powertrain , Production Dynamics Influences Demand Patterns , Light Vehicle Production , Million Units , New Friction Materials , Evolving Vehicular , Automotive Aftermarket , Vehicle Fleet Drives Opportunities , Several Governments Imposing , Retirement Age , Growing Age , Benefit Demand , Replacements Parts , Average Age , Light Trucks , Light Vehicles , Light Commercial Vehicles , Electric Vehicles Drive Need , Specialized Friction , Electric Vehicles , Annual Sales , Thousand Units , Autonomous Driving , Down Environmental Impacts , Materials Science , Technology Continue , Drive Improvements , Aerospace Industry , Spur Opportunities , Route Expansion Signals , Good Return , Strong Business Case , New Aircraft Orders , New Aircraft Demanded , New Air Route Expansion , Railway Projects Present Growth Prospects , Greater Friction Performance , Train Brake , Global Construction End Use Sector Lined , Friction Materials , Compound Annual Growth Rate , Market Sentiment , Impressive Growth , Global Economy , Global Market , Market Sentiments , Global Economic , Market Size , Akebono Brake Industry ,