Global market value of friction products and materials 2018-2023

Published by Statista Research Department, Apr 3, 2023
The global market value of friction products was approximately 19 billion U.S. dollars in 2018. Five years later, by 2023, this figure is forecast to increase to around 24 billion U.S. dollars. The two main types of friction materials are dry friction materials (such as non-asbestos organic, semi-metallic, low-metallic and asbestos friction materials), and wet-friction materials such as paper.

Market value of friction products and materials worldwide in 2018 and 2023 (in billion U.S. dollars)

© Statista 2024
Download
Show detailed source information?
Register for free
Already a member?
Log in
Source

Use Ask Statista Research Service

Release date

September 2018

Region

Worldwide

Survey time period

2018

Supplementary notes

* Expected as of September 2018.
** Forecast based on an expected CAGR of 5.2 percent from 2018-2023.

Citation formats
Access all statistics starting from $2,388 USD yearly *

* For commercial use only

Basic Account

For single users
$0 USD
Always free
Access limited to Free Statistics. Premium Statistics are not included.
  • Free Statistics
Based on your interests

Starter Account

For single users
$199 USD
per month, billed annually 1
Buy now
  • Free Statistics
  • Premium Statistics

    • The statistic on this page is a Premium Statistic and is included in this account.

Professional Account

For teams of up to 5 people
$959 USD
per month, billed annually 1
Buy now
  • Free + Premium Statistics
  • Reports
  • Market Insights

1 All prices do not include sales tax. The account requires an annual contract and will renew after one year to the regular list price.

Compare accounts

Statistics on " Lightweight automotive materials "

The most important statistics
The most important statistics
The most important statistics

Other statistics that may interest you Lightweight automotive materials

Global market

8

Global lightweight materials

6

North American market

8

Further related statistics

10

Further Content: You might find this interesting as well

Statistics

Topics

Composite materials industryConstruction materials industry in the U.S.Airbus and BoeingLightweight Automotive Materials
All features, all contents, at all times: Learn more about our professional solutions.

* For commercial use only

Basic Account

For single users
$0 USD
Always free
Access limited to Free Statistics. Premium Statistics are not included.
  • Free Statistics
Based on your interests

Starter Account

For single users
$199 USD
per month, billed annually 1
Buy now
  • Free Statistics
  • Premium Statistics

    • The statistic on this page is a Premium Statistic and is included in this account.

Professional Account

For teams of up to 5 people
$959 USD
per month, billed annually 1
Buy now
  • Free + Premium Statistics
  • Reports
  • Market Insights

1 All prices do not include sales tax. The account requires an annual contract and will renew after one year to the regular list price.

Compare accounts
Learn more about how Statista can support your business.