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Global Railway Friction Material Market Outlook 2022
SKU ID : QYR-19860129 | Publishing Date : 06-Jan-2022 | No. of pages : 136
Rail traffic friction pairs are composed of pantograph sliders and brake pads. Carbon sliders are the key components of pantographs. The quality of the pantograph directly affects the power supply and safety of the entire train. The brake pad, together with the brake disc, generates that enables the deceleration or stopping of the high-speed train. The performance of the brake pad directly affects the braking performance, the service life of the brake disc, the brake pad itself and the safe operation of the train.
In 2019, Europe was the biggest provider of rail traffic friction pairs around world and was followed by North America and China. The global market size of the product is estimated to reduce by 10.08% from 2019 to 2020.
Rail traffic friction pairs are classified into two parts, the brake pad and the oantograph slider. Schunk Carbon Technology is the most important player in the former field and Knorr-Bremse in the latter.
Rail traffic friction pairs are widely used in the operation of the high-speed locomotive such as electric locomotive, EMU, subway/light rail, railway wagon, etc.
Market Analysis and Insights: Global Railway Friction Material Market
The global Railway Friction Material market was valued at US$ 2100.4 million in 2020 and it is expected to reach US$ 2747 million by the end of 2027, growing at a CAGR of 3.9% during 2021-2027.
Global Railway Friction Material Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Railway Friction Material Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Railway Brake Pads
Railway Pantograph Strips
Segment by Application
Electric Locomotive
EMU
Subway/Light Rail
Railway Wagon
Railway Passenger Car
Railway Locomotive
By Company
Knorr-Bremse
Wabtec Corporation
Tianyi Group
Akebono Brake Industry
Bremskerl
Tribo
Escorts Group
PURAN
CRRC Qishuyan Locomotive Co., Ltd.
Flertex
Beijing Railway Star Fortune High-Tech Co.,Ltd
BOSUN
Guangdong Huatie Tongda High-speed Railway Equipment Corporation
Youcaitec Material Co., Ltd.
JiLing Dongbang
Schunk Carbon Technology
Morgan Advanced Materials
Yiyang Group
Mersen
Vanguard Tech
LiaoNing HongDe Electrical Carbon Products Co., LTD,
Doneka
Production by Region
North America
Europe
China
Japan
India
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Colombia
Middle East & Africa
Turkey
Saudi Arabia
UAE
In 2019, Europe was the biggest provider of rail traffic friction pairs around world and was followed by North America and China. The global market size of the product is estimated to reduce by 10.08% from 2019 to 2020.
Rail traffic friction pairs are classified into two parts, the brake pad and the oantograph slider. Schunk Carbon Technology is the most important player in the former field and Knorr-Bremse in the latter.
Rail traffic friction pairs are widely used in the operation of the high-speed locomotive such as electric locomotive, EMU, subway/light rail, railway wagon, etc.
Market Analysis and Insights: Global Railway Friction Material Market
The global Railway Friction Material market was valued at US$ 2100.4 million in 2020 and it is expected to reach US$ 2747 million by the end of 2027, growing at a CAGR of 3.9% during 2021-2027.
Global Railway Friction Material Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Railway Friction Material Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Railway Brake Pads
Railway Pantograph Strips
Segment by Application
Electric Locomotive
EMU
Subway/Light Rail
Railway Wagon
Railway Passenger Car
Railway Locomotive
By Company
Knorr-Bremse
Wabtec Corporation
Tianyi Group
Akebono Brake Industry
Bremskerl
Tribo
Escorts Group
PURAN
CRRC Qishuyan Locomotive Co., Ltd.
Flertex
Beijing Railway Star Fortune High-Tech Co.,Ltd
BOSUN
Guangdong Huatie Tongda High-speed Railway Equipment Corporation
Youcaitec Material Co., Ltd.
JiLing Dongbang
Schunk Carbon Technology
Morgan Advanced Materials
Yiyang Group
Mersen
Vanguard Tech
LiaoNing HongDe Electrical Carbon Products Co., LTD,
Doneka
Production by Region
North America
Europe
China
Japan
India
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Colombia
Middle East & Africa
Turkey
Saudi Arabia
UAE
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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