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Next Move Strategy Consulting

Unlocking Opportunities in the Friction Materials Market: In-Depth Report

Unlocking Opportunities in the Friction Materials Market: In-Depth Report

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According to the study by Next Move Strategy Consulting, the Friction Materials Market size is predicted to reach US$ 85.5 million with a CAGR of 5.0% till 2030.

The upsurge in demand for commercial and passenger vehicles across the world that incorporates friction materials such as friction disks, clutch discs, and brake pads is a significant factor driving the growth of the friction materials market.

The friction materials market is segmented on the basis of product, material, business type, application, end-user industry, and geography. Based on the product, the market is classified into lining, pads, blocks, and discs. 

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