Brake Material Market Insights, Global Outlook and Forecast 2022-2028

Posted by Sailer Paul on June 29th, 2022

Global Brake Material Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global Brake Material Market Sales, 2017-2022, 2023-2028, (Tons)

Global top five Brake Material companies in 2021 (%)

The global Brake Material market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % 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.

Brake Blocks Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Brake Material include Knorr-Bremse, Wabtec Corporation, Tianyi Group, Akebono Brake Industry, Bremskerl, Tribo, Escorts Group, PURAN and Flertex, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

The study provides the Brake 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.

Key Market Segments Covered

Global Brake Material Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (Tons)

Global Brake Material Market Segment Percentages, by Type, 2021 (%)

Brake Blocks

Brake Pads

Brake Shoes

Others

Global Brake Material Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (Tons)

Global Brake Material Market Segment Percentages, by Application, 2021 (%)

Automotive

Railway

Industrial

Aerospace

Others

Global Brake Material Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (Tons)

Global Brake 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 Brake Material revenues in global market, 2017-2022 (Estimated), ($ millions)

Key companies Brake Material revenues share in global market, 2021 (%)

Key companies Brake Material sales in global market, 2017-2022 (Estimated), (Tons)

Key companies Brake Material sales share in global market, 2021 (%)

Some of the prominent key players covered:

Knorr-Bremse

Wabtec Corporation

Tianyi Group

Akebono Brake Industry

Bremskerl

Tribo

Escorts Group

PURAN

Flertex

BOSUN

Youcaitec Material Co., Ltd.

Yiyang Group

Mersen

Vanguard Tech

Doneka

EBC Brakes Group

Rane Group

Key Takeaways from this Report

Evaluate market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level – for product types, end use applications and by different industry verticals.

Understand the different dynamics influencing the market – key driving factors, challenges and hidden opportunities.

Get in-depth insights on your competitor performance – market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.

Analyze the sales and distribution channels across key geographies to improve top-line revenues.

Understand the industry supply chain with a deep-dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.

Get a quick outlook on the market entropy – M&A’s, deals, partnerships, product launches of all key players for the past 4 years.

Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the market.