Report overview
Friction materials?also known as brake materials and clutch materials?are used to induce friction in situations where slow or decreased movement is necessary. Friction is the resistance to relative motion that opposes an object's direction of movement.
This report aims to provide a comprehensive presentation of the global market for Railway Friction Material, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Railway Friction Material. This report contains market size and forecasts of Railway Friction Material in global, including the following market information:
Global Railway Friction Material Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Railway Friction Material Market Sales, 2018-2023, 2024-2029, (K Units)
Global top five Railway Friction Material companies in 2022 (%)
The global Railway Friction Material market was valued at US$ 2219 million in 2022 and is projected to reach US$ 2866 million by 2029, at a CAGR of 3.7% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global core railway friction material manufacturers include Knorr-Bremse, Wabtec Corporation etc.The top 2 companies hold a share about 70%. China is the largest market, with a share about 35%, followed by Europe and North America with the share about 18% and 10%.In terms of product, powder metallurgy brake pads is the largest segment, with a share over 50%. And in terms of application, the largest application is freight wagons, followed by passenger wagons.
We surveyed the Railway Friction Material manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Railway Friction Material Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Railway Friction Material Market Segment Percentages, by Type, 2022 (%)
Brake Blocks
Brake Pads
Brake Shoes
Others
Global Railway Friction Material Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Railway Friction Material Market Segment Percentages, by Application, 2022 (%)
Freight Wagons
High Speed Rail
Passenger Wagons
Locomotive
Global Railway Friction Material Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Railway Friction Material Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Railway Friction Material revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Railway Friction Material revenues share in global market, 2022 (%)
Key companies Railway Friction Material sales in global market, 2018-2023 (Estimated), (K Units)
Key companies Railway Friction Material sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Knorr-Bremse
Wabtec Corporation
Bremskerl
Akebono
FLERTEX
Tribo
Escorts Railway Division
EBC Brakes Group
TOKAI Carbon
Rane Group
Miba
MASU
Beijing Tianyishangjia New Material Corp
Beijing Puran Railway Braking High-Tech
CRRC
Outline of Major Chapters:
Chapter 1: Introduces the definition of Railway Friction Material, market overview.
Chapter 2: Global Railway Friction Material market size in revenue and volume.
Chapter 3: Detailed analysis of Railway Friction Material manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Railway Friction Material in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Railway Friction Material capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
