Automotive Brake Friction Products Market The automotive brake friction products market is on track for significant growth, with a projected CAGR of 4.8% and an expected market value of USD 17.2 billion by 2032. This expansion is primarily driven by the increasing demand for reliable, high-performance braking systems in vehicles, coupled with advancements in brake …
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Automotive Brake Friction Products Market Poised for 4.8% CAGR, Predicted to Reach USD 17.2 Billion by 2032
The global automotive brake friction products market is expected to create lucrative growth opportunities with an opulent CAGR of 4.8% during the forecast period from 2022 to 2032. The market was valued at around USD 10.4 Billion in 2021 and is likely to reach a valuation of USD 17.2 Billion by 2032. The automotive brake friction products market grew at an average …