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| Market size in 2024 | US$ 3.24 billion |
Forecast Market size by 2030 | US$ 4.37 billion |
|---|---|---|---|
| Growth Rate | CAGR of 5.1% | Number of Pages | 122 Pages |
The global Automobile Clutch Material market size was valued at US$ 3.24 billion in 2024 and is projected to reach US$ 4.37 billion by 2030, at a CAGR of 5.1% during the forecast period 2024-2030.
The United States Automobile Clutch Material market size was valued at US$ 567.3 million in 2024 and is projected to reach US$ 734.5 million by 2030, at a CAGR of 4.4% during the forecast period 2024-2030.
Automobile clutch materials are specialized friction materials used in vehicle clutch systems to transmit power from the engine to the transmission, designed to withstand high temperatures, pressure, and wear while providing smooth engagement and disengagement.
The global Automobile Clutch Material market is experiencing steady growth, driven by increasing vehicle production, growing demand for commercial vehicles, and advancements in material science. In 2023, total consumption reached 850,000 metric tons, with China, India, and Japan accounting for 55% of global demand. Passenger vehicles remain the largest application segment at 60%, followed by commercial vehicles at 35%. Organic clutch facings dominate with a 70% market share due to their cost-effectiveness and suitable performance for most applications. The market saw a 12% increase in demand for ceramic clutch materials in 2023, reflecting their superior heat resistance and durability in high-performance vehicles. Carbon-carbon composite clutch materials are growing at 15% annually, driven by their adoption in racing and luxury vehicles. The trend towards lightweight materials led to a 10% rise in adoption of advanced organic compounds with improved strength-to-weight ratios in 2023. Dual-mass flywheel compatible clutch materials saw an 18% surge in demand, particularly in vehicles with downsized engines. The market is witnessing increased focus on noise, vibration, and harshness (NVH) reduction, with a 22% growth in R&D investments for clutch materials with enhanced damping properties.
Report Overview
This report provides a deep insight into the global Automobile Clutch Material market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, value chain analysis, etc.
The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Automobile Clutch Material Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.
In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Automobile Clutch Material market in any manner.
Global Automobile Clutch Material Market: Market Segmentation Analysis
The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.
Key Company
Schaeffler
Exedy Corporation
Eaton Corporation
Borgwarner
Clutch Auto
ZF Friedrichshafen
NSK
Aisin Seiki
Valeo
F.C.C.
Market Segmentation (by Type)
Friction Clutch
Centrifugal Clutch
Semi Centrifugal Clutch
Market Segmentation (by Application)
Passenger Cars
Commercial Vehicles
Geographic Segmentation
North America (USA, Canada, Mexico)
Europe (Germany, UK, France, Russia, Italy, Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)
South America (Brazil, Argentina, Columbia, Rest of South America)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)
Key Benefits of This Market Research:
Industry drivers, restraints, and opportunities covered in the study
Neutral perspective on the market performance
Recent industry trends and developments
Competitive landscape & strategies of key players
Potential & niche segments and regions exhibiting promising growth covered
Historical, current, and projected market size, in terms of value
In-depth analysis of the Automobile Clutch Material Market
Overview of the regional outlook of the Automobile Clutch Material Market:
Key Reasons to Buy this Report:
Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change
This enables you to anticipate market changes to remain ahead of your competitors
You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations, or other strategic documents
The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly
Provision of market value (USD Billion) data for each segment and sub-segment
Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
Includes in-depth analysis of the market from various perspectives through Porter
| Report Attributes | Report Details |
|---|---|
| Report Title | Global Automobile Clutch Material Market Research Report 2024(Status and Outlook) |
| Market size in 2024 | US$ 3.24 billion |
| Forecast Market size by 2030 | US$ 4.37 billion |
| Growth Rate | CAGR of 5.1% |
| Historical Year | 2018 to 2022 (Data from 2010 can be provided as per availability) |
| Base Year | 2023 |
| Forecast Year | 2031 |
| Number of Pages | 122 Pages |
| Customization Available | Yes, the report can be customized as per your need. |
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