Global Railway Friction Material Market Growth 2022-2028

SKU ID : LPI-21454412 | Publishing Date : 10-Aug-2022 | No. of pages : 112

The global market for Railway Friction Material is estimated to increase from $ 2109.7 million in 2021 to reach $ 2782.8 million by 2028, exhibiting a CAGR of 4.0% during 2022-2028. Keeping in mind the uncertainties of COVID-19 and Russia-Ukraine War, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.

The APAC Railway Friction Material market is expected at value of US$ million in 2022 and grow at approximately % CAGR during 2022 and 2028.

The United States Railway Friction Material market is expected at value of US$ million in 2022 and grow at approximately % CAGR during 2022 and 2028.

The Europe Railway Friction Material market is expected at value of US$ million in 2022 and grow at approximately % CAGR during 2022 and 2028.

The China Railway Friction Material market is expected at value of US$ million in 2022 and grow at approximately % CAGR during 2022 and 2028.

Global key Railway Friction Material players cover Knorr-Bremse, Wabtec Corporation, Bremskerl, Akebono and FLERTEX, etc. In terms of revenue, the global largest two companies occupy a share nearly % in 2021.

Report Coverage

This latest report provides a deep insight into the global Railway Friction Material market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, value chain analysis, etc.

This report aims to provide a comprehensive picture of the global Railway Friction Material market, with both quantitative and qualitative data, to help readers understand how the Railway Friction Material market scenario changed across the globe during the pandemic and Russia-Ukraine War.

The base year considered for analyses is 2021, while the market estimates and forecasts are given from 2022 to 2028. The market estimates are provided in terms of revenue in USD millions and volume in K Units.

Market Segmentation:

The study segments the Railway Friction Material market and forecasts the market size by Type (Powder Metallurgy Brake Pads, Synthetic Brake Pads and Synthetic Brake Shoe), by Application (Freight Wagons, High Speed Rail, Passenger Wagons and Locomotive), and region (APAC, Americas, Europe, and Middle East & Africa).

Segmentation by type

Powder Metallurgy Brake Pads

Synthetic Brake Pads

Synthetic Brake Shoe

Other

Segmentation by application

Freight Wagons

High Speed Rail

Passenger Wagons

Locomotive

Segmentation by region

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

Major companies covered

Knorr-Bremse

Wabtec Corporation

Bremskerl

Akebono

FLERTEX

Tribo

Escorts Railway Division

EBC Brakes Group

TOKAI Carbon

Rane Group

Miba

Beijing Tianyishangjia New Material Corp

Beijing Puran Railway Braking High-Tech

CRRC

YFC

Beijing Railway Star Fortune High-Tech

BOSUN

Youcaitec Material

Huatie

Chapter Introduction

Chapter 1: Scope of Railway Friction Material, Research Methodology, etc.

Chapter 2: Executive Summary, global Railway Friction Material market size (sales and revenue) and CAGR, Railway Friction Material market size by region, by type, by application, historical data from 2017 to 2022, and forecast to 2028.

Chapter 3: Railway Friction Material sales, revenue, average price, global market share, and industry ranking by company, 2017-2022

Chapter 4: Global Railway Friction Material sales and revenue by region and by country. Country specific data and market value analysis for the U.S., Canada, Europe, China, Japan, South Korea, Southeast Asia, India, Latin America and Middle East & Africa.

Chapter 5, 6, 7, 8: Americas, APAC, Europe, Middle East & Africa, sales segment by country, by type, and type.

Chapter 9: Analysis of the current market trends, market forecast, opportunities and economic trends that are affecting the future marketplace

Chapter 10: Manufacturing cost structure analysis

Chapter 11: Sales channel, distributors, and customers

Chapter 12: Global Railway Friction Material market size forecast by region, by country, by type, and application.

Chapter 13: Comprehensive company profiles of the leading players, including Knorr-Bremse, Wabtec Corporation, Bremskerl, Akebono, FLERTEX, Tribo, Escorts Railway Division, EBC Brakes Group and TOKAI Carbon, etc.

Chapter 14: Research Findings and Conclusion

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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