Railroad Friction Material Market, Global Outlook and Forecast 2023-2032
The global Railroad Friction Material market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
This report aims to provide a comprehensive presentation of the global market for Railroad 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 Railroad Friction Material. This report contains market size and forecasts of Railroad Friction Material in global, including the following market information:
- Global Railroad Friction Material Market Revenue, 2018-2023, 2024-2032, ($ millions)
- Global Railroad Friction Material Market Sales, 2018-2023, 2024-2032, (Kiloton)
- Global top five Railroad Friction Material companies in 2022 (%)
The U.S. Market is Estimated at $ Million in 2022, While China is Forecast to Reach $ Million.
Brake Pads Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Railroad Friction Material include Knorr-Bremse, Wabtec Corporation, Tianyi Group, Akebono Brake Industry, Bremskerl, Tribo, Escorts Group, PURAN and CRRC Qishuyan Locomotive Co., Ltd., etc. in 2022, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Railroad 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 Railroad Friction Material Market, by Type, 2018-2023, 2024-2032 ($ Millions) & (Kiloton)
Global Railroad Friction Material Market Segment Percentages, by Type, 2022 (%)
- Brake Pads
- Pantograph Strips
Global Railroad Friction Material Market, by Application, 2018-2023, 2024-2032 ($ Millions) & (Kiloton)
Global Railroad Friction Material Market Segment Percentages, by Application, 2022 (%)
- Subway/Light Rail
- Railway Wagon
- Railway Passenger Car
- Railway Locomotive
- Other
Global Railroad Friction Material Market, By Region and Country, 2018-2023, 2024-2032 ($ Millions) & (Kiloton)
Global Railroad Friction Material Market Segment Percentages, By Region and Country, 2022 (%)
- North America (United States, Canada, Mexico)
- Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
- The Middle East and Africa (Middle East, Africa)
- South and Central America (Brazil, Argentina, Rest of SCA)
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Railroad Friction Material revenues in global market, 2018-2023 (Estimated), ($ millions)
- Key companies Railroad Friction Material revenues share in global market, 2022 (%)
- Key companies Railroad Friction Material sales in global market, 2018-2023 (Estimated), (Kiloton)
- Key companies Railroad Friction Material sales share in global market, 2022 (%)
key players include:
- 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
Outline of Major Chapters:
Chapter 1: Introduces the definition of Railroad Friction Material, market overview.
Chapter 2: Global Railroad Friction Material market size in revenue and volume.
Chapter 3: Detailed analysis of Railroad 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 Railroad 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 Railroad 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.
