Global Railway Friction Material Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Railway Friction Material Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

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.

According to our (Global Info Research) latest study, the global Railway Friction Material market size was valued at US$ 2334 million in 2023 and is forecast to a readjusted size of USD 3022 million by 2030 with a CAGR of 3.8% during review period.

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.

This report is a detailed and comprehensive analysis for global Railway Friction Material market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.

Key Features:

Global Railway Friction Material market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2019-2030

Global Railway Friction Material market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2019-2030

Global Railway Friction Material market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2019-2030

Global Railway Friction Material market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (US$/Unit), 2019-2024

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Railway Friction Material

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Railway Friction Material market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Knorr-Bremse, Wabtec Corporation, Bremskerl, Akebono, FLERTEX, Tribo, Escorts Railway Division, EBC Brakes Group, TOKAI Carbon, Rane Group, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

Railway Friction Material market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Brake Blocks
Brake Pads
Brake Shoes
Others

Market segment by Application
Freight Wagons
High Speed Rail
Passenger Wagons
Locomotive

Major players covered
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

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Railway Friction Material product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Railway Friction Material, with price, sales quantity, revenue, and global market share of Railway Friction Material from 2019 to 2024.

Chapter 3, the Railway Friction Material competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Railway Friction Material breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2019 to 2030.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2019 to 2024.and Railway Friction Material market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Railway Friction Material.

Chapter 14 and 15, to describe Railway Friction Material sales channel, distributors, customers, research findings and conclusion.