Railway Friction Material Market 2022: Industry Size, Emerging Trends, Growth Insights, Opportunities, and Forecast By 2028
Railway Friction Material Market 2022: Industry Size, Emerging Trends, Growth Insights, Opportunities, and Forecast By 2028
Railway Friction Material Market by End User (Office Building Construction, Retail Construction, Hospitality Construction, Institutional Construction, Other End Users), by North America (United States, Canada, Mexico), by South America (Brazil, Argentina, Rest of South America), by Europe (United Kingdom, Germany, France, Italy, Spain, Russia, Benelux, Nordics, Rest of Europe), by Middle East & Africa (Turkey, Israel, GCC, North Africa, South Africa, Rest of Middle East & Africa), by Asia Pacific (China, India, Japan, South Korea, ASEAN, Oceania, Rest of Asia Pacific) Forecast - is a comprehensive report that provides insights into the market dynamics, including the key drivers, challenges, and opportunities shaping the industry landscape. It also delves into the competitive landscape, highlighting the major players and their strategies.
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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.
This report aims to provide a comprehensive presentation of the global market for Railway Friction Material study by Market Intellix gives insights concerning the market elements influencing the market, Market scope, Market division, and overlays shadow upon the leading market players featuring the positive cutthroat scene and patterns beating the years.
Global Railway Friction Material Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Railway Friction Material Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Railway Friction Material companies in 2021 (%)
The global Railway Friction Material market was valued at 2219 million in 2021 and is projected to reach US$ 2866 million by 2028, at a CAGR of 3.7% during the forecast period 2022-2028.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Powder Metallurgy Brake Pads Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Railway Friction Material include Knorr-Bremse, Wabtec Corporation, Bremskerl, Akebono, FLERTEX, Tribo, Escorts Railway Division, EBC Brakes Group and TOKAI Carbon, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
The study provides the Railway 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.
Segmental Outline:
Global Railway Friction Material Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Railway Friction Material Market Segment Percentages, by Type, 2021 (%)
Powder Metallurgy Brake Pads
Synthetic Brake Pads
Synthetic Brake Shoe
Other
Global Railway Friction Material Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Railway Friction Material Market Segment Percentages, by Application, 2021 (%)
Freight Wagons
High Speed Rail
Passenger Wagons
Locomotive
Global Railway Friction Material Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Railway Friction Material Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Railway Friction Material revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Railway Friction Material revenues share in global market, 2021 (%)
Key companies Railway Friction Material sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Railway Friction Material sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
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
This Report Addresses:
– Market Intelligence enables effective decision-making
– Market estimates and forecasts from 2022 to 2028
– Growth opportunities and trend analysis
– Segment and regional revenue forecast for market evaluation
– Competitive strategy and analysis of market segments
– List of product innovations to stay on top.
– The impact of COVID-19 and how to survive in these fast-growing markets.
1 Introduction to Research & Analysis Reports
1.1 Railway Friction Material Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global Railway Friction Material Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
1.5.1 Research Methodology
1.5.2 Research Process
1.5.3 Base Year
1.5.4 Report Assumptions & Caveats
2 Global Railway Friction Material Overall Market Size
2.1 Global Railway Friction Material Market Size: 2021 VS 2028
2.2 Global Railway Friction Material Revenue, Prospects & Forecasts: 2017-2028
2.3 Global Railway Friction Material Sales: 2017-2028
3 Company Landscape
3.1 Top Railway Friction Material Players in Global Market
3.2 Top Global Railway Friction Material Companies Ranked by Revenue
3.3 Global Railway Friction Material Revenue by Companies
3.4 Global Railway Friction Material Sales by Companies
3.5 Global Railway Friction Material Price by Manufacturer (2017-2022)
3.6 Top 3 and Top 5 Railway Friction Material Companies in Global Market, by Revenue in 2021
3.7 Global Manufacturers Railway Friction Material Product Type
3.8 Tier 1, Tier 2 and Tier 3 Railway Friction Material Players in Global Market
3.8.1 List of Global Tier 1 Railway Friction Material Companies
3.8.2 List of Global Tier 2 and Tier 3 Railway Friction Material Companies
4 Sights by Product
4.1 Overview
4.1.1 By Type - Global Railway Friction Material Market Size Markets, 2021 & 2028
4.1.2 Powder Metallurgy Brake Pads
4.1.3 Synthetic Brake Pads
4.1.4 Synthetic Brake Shoe
4.1.5 Other
4.2 By Type - Global Railway Friction Material Revenue & Forecasts
4.2.1 By Type - Global Railway Friction Material Revenue, 2017-2022
4.2.2 By Type - Global Railway Friction Material Revenue, 2023-2028
4.2.3 By Type - Global Railway Friction Material Revenue Market Share, 2017-2028
4.3 By Type - Global Railway Friction Material Sales & Forecasts
4.3.1 By Type - Global Railway Friction Material Sales, 2017-2022
4.3.2 By Type - Global Railway Friction Material Sales, 2023-2028
4.3.3 By Type - Global Railway Friction Material Sales Market Share, 2017-2028
4.4 By Type - Global Railway Friction Material Price (Manufacturers Selling Prices), 2017-2028
5 Sights By Application
5.1 Overview
5.1.1 By Application - Global Railway Friction Material Market Size, 2021 & 2028
5.1.2 Freight Wagons
5.1.3 High Speed Rail
5.1.4 Passenger Wagons
5.1.5 Locomotive
5.2 By Application - Global Railway Friction Material Revenue & Forecasts
5.2.1 By Application - Global Railway Friction Material Revenue, 2017-2022
5.2.2 By Application - Global Railway Friction Material Revenue, 2023-2028
5.2.3 By Application - Global Railway Friction Material Revenue Market Share, 2017-2028
5.3 By Application - Global Railway Friction Material Sales & Forecasts
5.3.1 By Application - Global Railway Friction Material Sales, 2017-2022
5.3.2 By Application - Global Railway Friction Material Sales, 2023-2028
5.3.3 By Application - Global Railway Friction Material Sales Market Share, 2017-2028
5.4 By Application - Global Railway Friction Material Price (Manufacturers Selling Prices), 2017-2028
6 Sights by Region
6.1 By Region - Global Railway Friction Material Market Size, 2021 & 2028
6.2 By Region - Global Railway Friction Material Revenue & Forecasts
6.2.1 By Region - Global Railway Friction Material Revenue, 2017-2022
6.2.2 By Region - Global Railway Friction Material Revenue, 2023-2028
6.2.3 By Region - Global Railway Friction Material Revenue Market Share, 2017-2028
6.3 By Region - Global Railway Friction Material Sales & Forecasts
6.3.1 By Region - Global Railway Friction Material Sales, 2017-2022
6.3.2 By Region - Global Railway Friction Material Sales, 2023-2028
6.3.3 By Region - Global Railway Friction Material Sales Market Share, 2017-2028
6.4 North America
6.4.1 By Country - North America Railway Friction Material Revenue, 2017-2028
6.4.2 By Country - North America Railway Friction Material Sales, 2017-2028
6.4.3 US Railway Friction Material Market Size, 2017-2028
6.4.4 Canada Railway Friction Material Market Size, 2017-2028
6.4.5 Mexico Railway Friction Material Market Size, 2017-2028
6.5 Europe
6.5.1 By Country - Europe Railway Friction Material Revenue, 2017-2028
6.5.2 By Country - Europe Railway Friction Material Sales, 2017-2028
6.5.3 Germany Railway Friction Material Market Size, 2017-2028
6.5.4 France Railway Friction Material Market Size, 2017-2028
6.5.5 U.K. Railway Friction Material Market Size, 2017-2028
6.5.6 Italy Railway Friction Material Market Size, 2017-2028
6.5.7 Russia Railway Friction Material Market Size, 2017-2028
6.5.8 Nordic Countries Railway Friction Material Market Size, 2017-2028
6.5.9 Benelux Railway Friction Material Market Size, 2017-2028
6.6 Asia
6.6.1 By Region - Asia Railway Friction Material Revenue, 2017-2028
6.6.2 By Region - Asia Railway Friction Material Sales, 2017-2028
6.6.3 China Railway Friction Material Market Size, 2017-2028
6.6.4 Japan Railway Friction Material Market Size, 2017-2028
6.6.5 South Korea Railway Friction Material Market Size, 2017-2028
6.6.6 Southeast Asia Railway Friction Material Market Size, 2017-2028
6.6.7 India Railway Friction Material Market Size, 2017-2028
6.7 South America
6.7.1 By Country - South America Railway Friction Material Revenue, 2017-2028
6.7.2 By Country - South America Railway Friction Material Sales, 2017-2028
6.7.3 Brazil Railway Friction Material Market Size, 2017-2028
6.7.4 Argentina Railway Friction Material Market Size, 2017-2028
6.8 Middle East & Africa
6.8.1 By Country - Middle East & Africa Railway Friction Material Revenue, 2017-2028
6.8.2 By Country - Middle East & Africa Railway Friction Material Sales, 2017-2028
6.8.3 Turkey Railway Friction Material Market Size, 2017-2028
6.8.4 Israel Railway Friction Material Market Size, 2017-2028
6.8.5 Saudi Arabia Railway Friction Material Market Size, 2017-2028
6.8.6 UAE Railway Friction Material Market Size, 2017-2028
7 Manufacturers & Brands Profiles
7.1 Knorr-Bremse
7.1.1 Knorr-Bremse Corporate Summary
7.1.2 Knorr-Bremse Business Overview
7.1.3 Knorr-Bremse Railway Friction Material Major Product Offerings
7.1.4 Knorr-Bremse Railway Friction Material Sales and Revenue in Global (2017-2022)
7.1.5 Knorr-Bremse Key News
7.2 Wabtec Corporation
7.2.1 Wabtec Corporation Corporate Summary
7.2.2 Wabtec Corporation Business Overview
7.2.3 Wabtec Corporation Railway Friction Material Major Product Offerings
7.2.4 Wabtec Corporation Railway Friction Material Sales and Revenue in Global (2017-2022)
7.2.5 Wabtec Corporation Key News
7.3 Bremskerl
7.3.1 Bremskerl Corporate Summary
7.3.2 Bremskerl Business Overview
7.3.3 Bremskerl Railway Friction Material Major Product Offerings
7.3.4 Bremskerl Railway Friction Material Sales and Revenue in Global (2017-2022)
7.3.5 Bremskerl Key News
7.4 Akebono
7.4.1 Akebono Corporate Summary
7.4.2 Akebono Business Overview
7.4.3 Akebono Railway Friction Material Major Product Offerings
7.4.4 Akebono Railway Friction Material Sales and Revenue in Global (2017-2022)
7.4.5 Akebono Key News
7.5 FLERTEX
7.5.1 FLERTEX Corporate Summary
7.5.2 FLERTEX Business Overview
7.5.3 FLERTEX Railway Friction Material Major Product Offerings
7.5.4 FLERTEX Railway Friction Material Sales and Revenue in Global (2017-2022)
7.5.5 FLERTEX Key News
7.6 Tribo
7.6.1 Tribo Corporate Summary
7.6.2 Tribo Business Overview
7.6.3 Tribo Railway Friction Material Major Product Offerings
7.6.4 Tribo Railway Friction Material Sales and Revenue in Global (2017-2022)
7.6.5 Tribo Key News
7.7 Escorts Railway Division
7.7.1 Escorts Railway Division Corporate Summary
7.7.2 Escorts Railway Division Business Overview
7.7.3 Escorts Railway Division Railway Friction Material Major Product Offerings
7.7.4 Escorts Railway Division Railway Friction Material Sales and Revenue in Global (2017-2022)
7.7.5 Escorts Railway Division Key News
7.8 EBC Brakes Group
7.8.1 EBC Brakes Group Corporate Summary
7.8.2 EBC Brakes Group Business Overview
7.8.3 EBC Brakes Group Railway Friction Material Major Product Offerings
7.8.4 EBC Brakes Group Railway Friction Material Sales and Revenue in Global (2017-2022)
7.8.5 EBC Brakes Group Key News
7.9 TOKAI Carbon
7.9.1 TOKAI Carbon Corporate Summary
7.9.2 TOKAI Carbon Business Overview
7.9.3 TOKAI Carbon Railway Friction Material Major Product Offerings
7.9.4 TOKAI Carbon Railway Friction Material Sales and Revenue in Global (2017-2022)
7.9.5 TOKAI Carbon Key News
7.10 Rane Group
7.10.1 Rane Group Corporate Summary
7.10.2 Rane Group Business Overview
7.10.3 Rane Group Railway Friction Material Major Product Offerings
7.10.4 Rane Group Railway Friction Material Sales and Revenue in Global (2017-2022)
7.10.5 Rane Group Key News
7.11 Miba
7.11.1 Miba Corporate Summary
7.11.2 Miba Railway Friction Material Business Overview
7.11.3 Miba Railway Friction Material Major Product Offerings
7.11.4 Miba Railway Friction Material Sales and Revenue in Global (2017-2022)
7.11.5 Miba Key News
7.12 Beijing Tianyishangjia New Material Corp
7.12.1 Beijing Tianyishangjia New Material Corp Corporate Summary
7.12.2 Beijing Tianyishangjia New Material Corp Railway Friction Material Business Overview
7.12.3 Beijing Tianyishangjia New Material Corp Railway Friction Material Major Product Offerings
7.12.4 Beijing Tianyishangjia New Material Corp Railway Friction Material Sales and Revenue in Global (2017-2022)
7.12.5 Beijing Tianyishangjia New Material Corp Key News
7.13 Beijing Puran Railway Braking High-Tech
7.13.1 Beijing Puran Railway Braking High-Tech Corporate Summary
7.13.2 Beijing Puran Railway Braking High-Tech Railway Friction Material Business Overview
7.13.3 Beijing Puran Railway Braking High-Tech Railway Friction Material Major Product Offerings
7.13.4 Beijing Puran Railway Braking High-Tech Railway Friction Material Sales and Revenue in Global (2017-2022)
7.13.5 Beijing Puran Railway Braking High-Tech Key News
7.14 CRRC
7.14.1 CRRC Corporate Summary
7.14.2 CRRC Business Overview
7.14.3 CRRC Railway Friction Material Major Product Offerings
7.14.4 CRRC Railway Friction Material Sales and Revenue in Global (2017-2022)
7.14.5 CRRC Key News
7.15 YFC
7.15.1 YFC Corporate Summary
7.15.2 YFC Business Overview
7.15.3 YFC Railway Friction Material Major Product Offerings
7.15.4 YFC Railway Friction Material Sales and Revenue in Global (2017-2022)
7.15.5 YFC Key News
7.16 Beijing Railway Star Fortune High-Tech
7.16.1 Beijing Railway Star Fortune High-Tech Corporate Summary
7.16.2 Beijing Railway Star Fortune High-Tech Business Overview
7.16.3 Beijing Railway Star Fortune High-Tech Railway Friction Material Major Product Offerings
7.16.4 Beijing Railway Star Fortune High-Tech Railway Friction Material Sales and Revenue in Global (2017-2022)
7.16.5 Beijing Railway Star Fortune High-Tech Key News
7.17 BOSUN
7.17.1 BOSUN Corporate Summary
7.17.2 BOSUN Business Overview
7.17.3 BOSUN Railway Friction Material Major Product Offerings
7.17.4 BOSUN Railway Friction Material Sales and Revenue in Global (2017-2022)
7.17.5 BOSUN Key News
7.18 Youcaitec Material
7.18.1 Youcaitec Material Corporate Summary
7.18.2 Youcaitec Material Business Overview
7.18.3 Youcaitec Material Railway Friction Material Major Product Offerings
7.18.4 Youcaitec Material Railway Friction Material Sales and Revenue in Global (2017-2022)
7.18.5 Youcaitec Material Key News
7.19 Huatie
7.19.1 Huatie Corporate Summary
7.19.2 Huatie Business Overview
7.19.3 Huatie Railway Friction Material Major Product Offerings
7.19.4 Huatie Railway Friction Material Sales and Revenue in Global (2017-2022)
7.19.5 Huatie Key News
8 Global Railway Friction Material Production Capacity, Analysis
8.1 Global Railway Friction Material Production Capacity, 2017-2028
8.2 Railway Friction Material Production Capacity of Key Manufacturers in Global Market
8.3 Global Railway Friction Material Production by Region
9 Key Market Trends, Opportunity, Drivers and Restraints
9.1 Market Opportunities & Trends
9.2 Market Drivers
9.3 Market Restraints
10 Railway Friction Material Supply Chain Analysis
10.1 Railway Friction Material Industry Value Chain
10.2 Railway Friction Material Upstream Market
10.3 Railway Friction Material Downstream and Clients
10.4 Marketing Channels Analysis
10.4.1 Marketing Channels
10.4.2 Railway Friction Material Distributors and Sales Agents in Global
11 Conclusion
12 Appendix
12.1 Note
12.2 Examples of Clients
12.3 Disclaimer
Research Methodology:
Railway Friction Material Market Size Estimation
To estimate market size and trends, we use a combination of top-down and bottom-up methods. This allows us to evaluate the market from various perspectives—by company, region, product type, and end users.
Our estimates are based on actual sales data, excluding any discounts. Segment breakdowns and market shares are calculated using weighted averages based on usage rates and average prices. Regional insights are determined by how widely a product or service is adopted in each area.
Key companies are identified through secondary sources like industry reports and company filings. We then verify revenue estimates and other key data points through primary research, including interviews with industry experts, company executives, and decision-makers.
We take into account all relevant factors that could influence the market and validate our findings with real-world input. Our final insights combine both qualitative and quantitative data to provide a well-rounded view. Please note, these estimates do not account for unexpected changes such as inflation, economic downturns, or policy shifts.
Data Source
Secondary Sources
This study draws on a wide range of secondary sources, including press releases, annual reports, non-profit organizations, industry associations, government agencies, and customs data. We also referred to reputable databases and directories such as Bloomberg, Wind Info, Hoovers, Factiva, Trading Economics, Statista, and others. Additional references include investor presentations, company filings (e.g., SEC), economic data, and documents from regulatory and industry bodies.
These sources were used to gather technical and market-focused insights, identify key players, analyze market segmentation and classification, and track major trends and developments across industries.
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Primary Sources
As part of our primary research, we interviewed a variety of stakeholders from both the supply and demand sides to gather valuable qualitative and quantitative insights.
On the supply side, we spoke with product manufacturers, competitors, industry experts, research institutions, distributors, traders, and raw material suppliers. On the demand side, we engaged with business leaders, marketing and sales heads, technology and innovation directors, supply chain executives, and end users across key organizations.
These conversations helped us better understand market segmentation, pricing, applications, leading players, supply chains, demand trends, industry outlook, and key market dynamics—including risks, opportunities, barriers, and strategic developments.
Key Data Information from Primary Sources
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