Clutch Friction Plate Market is predicted to reach USD 13.94 Billion at a CAGR of 3.20% during the forecast period 2032

Market Research Future (MRFR) has published on the “Global Clutch Friction Plate Market”

that contains information from 2018 to 2032. The Clutch Friction Plate market is estimated to register a CAGR of 3.20% during the forecast period of 2023 to 2032.

MRFR recognizes the following companies as the key players in the global clutch friction plate market— Schaeffler, Brembo, BorgWarner, Honeywell International, Ferodo, TMD Friction Services, TRW, Automotive Holdings, ACDelco, Aisin Seiki, Carlisle Brake & Friction, Champion Technologies, Clutch Auto, Cook Bonding & Manu, Kema Material and others.

Market Highlights

The global clutch friction plate market is accounted to register a CAGR of 3.20% during the forecast period and is estimated to reach USD 13.94 Billion by 2032.

The market for clutch friction plates is significantly impacted by the growth of the automobile industry. Numerous factors, including as urbanization, increased disposable income, and population growth around the world, are driving the rise of the automotive sector. As more people can afford cars, there is an increase in demand for clutch systems, particularly friction plates. Additionally, as a result of economic expansion in emerging economies, both car manufacturing and ownership have considerably expanded. In countries like China, India, and Brazil, rapid industrialization and urbanization have resulted in a considerable increase in the number of vehicles on the road. The rise of the clutch friction plate market is strongly related to the growth of the car parc since older vehicles require replacement parts, including clutch systems.Furthermore, technological advancements in the automotive industry have greatly increased the demand for clutch friction plates. Manufacturers are always creating better friction materials to offer better performance, durability, and heat resistance. As a result, gearshifts may be made more smoothly, torque can be transmitted more effectively, and overall performance can be improved. As a result, the market is constantly in need of better, more expensive clutch friction plates. One of the main drivers of the clutch friction plate market is the expansion of the automotive industry.

Segment Analysis

The global clutch friction plate market has been segmented based product type and product application.

On the basis of product type, the market is segmented into MT, AMT and DSG. The DSG segment was attributed to holding the largest market share of 42.7%. The type of clutch friction plate that is selected depends on the gearbox system, vehicle, anticipated performance, and specific application requirements.

Based on product application, the global clutch friction plate market has been segmented into passenger vehicle and commercial vehicle. The market was led by the passenger vehicle category, which had a 59.4% market share. There is a high need for clutch systems and related parts, such as friction plates, because the passenger vehicle category includes such a wide range of vehicles used for personal transportation.

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Regional Analysis

The global Clutch Friction Plate market, based on region, has been divided into the North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe Clutch Friction Plate market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The Clutch Friction Plate market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World Clutch Friction Plate market comprises of Middle East, Africa, and Latin America.

The largest market share for Clutch Friction Plate was maintained by the Asia Pacific regional sector. The rising middle-class population, rising disposable income and urbanization are driving the market in this area. Due to their low cost and durability, organic friction plates are frequently employed in this region.

Moreover, North American regional sector market has been persistently growing over the forecast period. Technical advancements, stringent environmental restrictions, and a penchant for high-performance automobiles will all contribute to the requirement for enhanced clutch friction plates and drive market expansion in this area.

Additionally, the Europe market is anticipated to experience the quickest growth over the forecast period. The presence of well-known automakers and the rising number of luxury and high-performance vehicles both contribute to the market's expansion..

Furthermore, the rest of the world's Clutch Friction Plate market is divided into the Middle East, Africa, and Latin America. The LAMEA region has a wide range of national vehicle preferences. While automated transmissions are becoming more and more common, especially in metropolitan areas, manual gearboxes are still common in some Latin American and African nations. The need for clutch friction plates may change as a result of this change.

Key Findings of the Study

• The global Clutch Friction Plate market is expected to reach USD 13.94 Billion by 2032, at a CAGR of 3.20% during the forecast period.


• The North America region accounted for the fastest-growing global market, technical advancements, stringent environmental restrictions, and a penchant for high-performance automobiles will all contribute to the requirement for enhanced clutch friction plates and drive market expansion in this area.


• Based on product application, the passenger vehicle segment was attributed to holding the largest market in 2022, with an approximate market share of 59.4%.


• Schaeffler, Brembo, BorgWarner, Honeywell International, Ferodo, TMD Friction Services, TRW, Automotive Holdings, ACDelco, Aisin Seiki, Carlisle Brake & Friction, Champion Technologies, Clutch Auto, Cook Bonding & Manu, Kema Material and others.