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| Market Segment | Annual Growth Rate (%) | Key Applications | Regional Demand (tons) | Emerging Trends |
|---|---|---|---|---|
| Automotive | 5.2 | Brake Linings, Clutch Facings | 450,000 | Eco-friendly formulations |
| Industrial | 4.8 | Conveyor Belts, Brake Systems | 300,000 | Advanced composite materials |
| Railways | 3.6 | Friction Pads, Shoes | 150,000 | Lightweight materials |
| Aerospace | 6.1 | Landing Gear, Brake Systems | 80,000 | Thermal resistance materials |