Global Automotive Brake Friction Product Market Research Report 2021 - Impact of COVID-19 on the Market

Automotive brake friction products consist of all the components that assist in either stopping or reducing the speed of the vehicle. Automotive brake friction products comprise various products, such as a brake pad, brake drum, brake shoe, disc and liner. Usually, a brake pad consists of an asbestos or a semi steel plated back facing the brake disc. They convert the kinetic energy of the vehicle into mechanical energy and assist the vehicle in stopping. Moreover, in disc brake systems, two brake pads are contained in a caliper that is mounted on the disc. In case of drum brakes, brake friction products, such as a brake shoe, push outward and stop the rotating motion of the brake drum.
The Automotive Brake Friction Product market revenue was xx Million USD in 2016, grew to xx Million USD in 2021, and will reach xx Million USD in 2026, with a CAGR of xx during 2021-2026.

Considering the influence of COVID-19 on the global Automotive Brake Friction Product market, this report analyzed the impact from both global and regional perspectives. From production end to consumption end in regions such as North America, Europe, China, and Japan, the report put emphasis on analysis of market under COVID-19 and corresponding response policy in different regions.

This report also analyzes the strategies for different companies to deal with the impact of COVID-19 in detail to seek a path to recovery.

Under COVID-19 Outbreak, how the Automotive Brake Friction Product Industry will develop is also analyzed in detail in Chapter 1.8 of this report.

Major Players in Automotive Brake Friction Product market are:
ITT Corporation
ABS Friction
AKEBONO Group
TMD GROUP
ATE
MAT Holdings
Federal Mogul
Bosch
ICER
Metek GmbH
TRW Automotive
Util Group
BREMBO

Most important types of Automotive Brake Friction Product products covered in this report are:
Brake Pads
Brake Shoes
Brake Lining

Most widely used downstream fields of Automotive Brake Friction Product market covered in this report are:
Passenger Vehicle
LCV(Light Commercial Vehicle)
HCV(Heavy Commercial Vehicle)

Major Region

s or countries covered in this report:
North America
Europe
China
Japan
Middle East and Africa
South America
India
South Korea
Southeast Asia
Others

In Chapter 3.4, the report provides analysis of the reasons behind price fluctuations.

In chapters 5, 6, and 7, the impact of COVID-19 on the different regions in both production and consumption end and SWOT analysis are pointed out.

In Chapters 8, the report presents company's recent development and strategies to deal with the impact of COVID-19.

Years considered for this report:

Historical Years:

2016-2020

Base Year:

2020

Estimated Year:

2021

Forecast Period:

2021-2026