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Global Railway Brake Pads Market Valued 1.5 Billion USD in 2019 - QYResearch Report

Author: QYResearch  |   Published Date: 2021-01-07   |   Views: 62



According to the report published QYResearch, the global railway brake pads market was valued at USD 1452.63 million in 2019 and is expected to reach USD 1662.92 million by the end of 2026, growing at a CAGR of 4.45% between 2020 and 2026.

Railway brake pads are an integral part of the disc braking system. When the brake pedal is pressed, the brake pads press against the running disc in order to stop its motion and brake the vehicle. The brake pads are essentially made of a material that possesses high co-efficient of friction. Increase in demand for efficient braking during high speeds has led to the expansion of brake pad market.

Global Railway Brake Pads Market- Key Players

Knorr-Bremse, Wabtec Corporation, Tianyishangjia New Material, Akebono Brake Industry, Bremskerl, Tribo, Puran Railway Braking, CRRC Qishuyan Institute, Escorts Group, Flertex, Frimatrail Frenoplast, Railway Star Fortune High-Tech, Masu Brakes , Huatie Tongda, Youcaitec Material are analyzed in the report. The market is concentrated and dominated by three companies,  Knorr-Bremse, Wabtec Corporation, Tianyishangjia New Material. 

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Source: QYResearch < Global Railway Brake Pads Market Research Report 2020>

Global Railway Brake Pads Market: Segmental Analysis

On the basis of product type, the global Railway Brake Pads market is segmented into Composite Brake Pads and Powder Metallurgy Brake Pads. On the other hand, based on application type, the market is segmented into commercial vehicle and passenger vehicle. The preparation process of powder metallurgy brake pads adopts traditional powder metallurgy methods. The raw material powders are mixed uniformly and pressed into a shape, and then the green compact is fixed on the steel back and sintered together with the furnace, and finally the brake pad integrated with the wear-resistant layer and the steel back is obtained., The brake pads and the dovetail plate are welded together and installed on the bracket to form a brake pair with the brake disc. In the prior art, powder metallurgy is used to prepare brake pads. In the sintering process, due to the different shrinkage coefficients of the components in the brake pads, defects such as pores and thick clamping are likely to occur, resulting in low density of the brake pads, thereby affecting its final Mechanical properties and friction properties. While, composite brake pads, also known as non-metal brake pads, are made by hot pressing after mixing asbestos and other fillers with resin or rubber as a binder. Synthetic brake pads are divided into synthetic resin-based brake pads and rubber-based brake pads according to their basic components. Synthetic brake pads are generally suitable for low-to-medium speed trains with speeds below 200 kilometers per hour, and 200 kilometers per hour, especially high-speed trains with speeds above 300 kilometers per hour. The instantaneous temperature of the train will reach 900 degrees Celsius when the train is braking. Metallurgical brake pads.

Composite Brake Pads is the largest segment and accounts for more than 60% market share.

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Source: QYResearch < Global Railway Brake Pads Market Research Report 2020>


Read More Information: https://www.qyresearch.com/index/detail/2151030/global-railway-brake-pads-market


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