Brake Friction Market (OE & Aftermarket) Worth 15.84 Billion USD by 2025
The brake friction market is projected to grow during the forecast period due to the increase in vehicle production. The brake friction (OE) market is projected to grow at a CAGR of 2.33% from 2018 to 2025, from USD 12.79 Billion in 2017 to USD 15.84 Billion by 2025. The brake friction aftermarket is projected to grow at a CAGR of 1.03% from 2018 to 2025, from an estimated USD 29.06 Billion in 2017 to USD 31.99 Billion by 2025.
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