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This report aims to provide a comprehensive presentation of the global market for Railway 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 Railway Friction Material. The Railway Friction Material market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Railway Friction Material market comprehensively. Regional market sizes, concerning products by types, by application, and by players, are also provided. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes. For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments. The report will help the Railway Friction Material manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, product type, application, and regions. Key Companies & Market Share Insights In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, price, and sales by manufacturers for the period 2018-2023. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses. Some of the prominent players reviewed in the research report 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 EBC Brakes Group TOKAI Carbon Rane Group Miba Masu Brakes Product Type Insights Global markets are presented by Railway Friction Material type, along with growth forecasts through 2029. Estimates on production and value are based on the price in the supply chain at which the Railway Friction Material are procured by the manufacturers. This report has studied every segment and provided the market size using historical data. They have also talked about the growth opportunities that the segment may pose in the future. This study bestows production and revenue data by type, and during the historical period (2018-2023) and forecast period (2024-2029). Railway Friction Material segment by Type Brake Blocks Brake Pads Brake Shoes Others Application Insights This report has provided the market size (production and revenue data) by application, during the historical period (2018-2023) and forecast period (2024-2029). This report also outlines the market trends of each segment and consumer behaviors impacting the Railway Friction Material market and what implications these may have on the industry's future. This report can help to understand the relevant market and consumer trends that are driving the Railway Friction Material market. Railway Friction Material segment by Application Freight Wagons High Speed Rail Passenger Wagons Locomotive Regional Outlook This section of the report provides key insights regarding various regions and the key players operating in each region. Economic, social, environmental, technological, and political factors have been taken into consideration while assessing the growth of the particular region/country. The readers will also get their hands on the revenue and sales data of each region and country for the period 2018-2029. The market has been segmented into various major geographies, including North America, Europe, Asia-Pacific, South America. Detailed analysis of major countries such as the USA, Germany, the U.K., Italy, France, China, Japan, South Korea, Southeast Asia, and India will be covered within the regional segment. For market estimates, data are going to be provided for 2022 because of the base year, with estimates for 2023 and forecast value for 2029. North America United States Canada Europe Germany France U.K. Italy Russia Asia-Pacific China Japan South Korea India Australia China Taiwan Indonesia Thailand Malaysia Latin America Mexico Brazil Argentina Colombia Key Drivers & Barriers High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects. COVID-19 and Russia-Ukraine War Influence Analysis The readers in the section will understand how the Railway Friction Material market scenario changed across the globe during the pandemic, post-pandemic and Russia-Ukraine War. The study is done keeping in view the changes in aspects such as demand, consumption, transportation, consumer behavior, supply chain management, export and import, and production. The industry experts have also highlighted the key factors that will help create opportunities for players and stabilize the overall industry in the years to come. Reasons to Buy This Report This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Railway Friction Material market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market. This report will help stakeholders to understand the global industry status and trends of Railway Friction Material and provides them with information on key market drivers, restraints, challenges, and opportunities. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition. This report stays updated with novel technology integration, features, and the latest developments in the market This report helps stakeholders to understand the COVID-19 and Russia-Ukraine War Influence on the Railway Friction Material industry. This report helps stakeholders to gain insights into which regions to target globally This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Railway Friction Material. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution. Core Chapters Chapter 1: Research objectives, research methods, data sources, data cross-validation; Chapter 2: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term. Chapter 3: Detailed analysis of Railway Friction Material manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc. Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc. Chapter 5: Production/output, value of Railway Friction Material by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years. Chapter 6: Consumption of Railway 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, and production of each country in the world. Chapter 7: 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 8: 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 9: Analysis of industrial chain, including the upstream and downstream of the industry. Chapter 10: 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 11: The main points and conclusions of the report.
1 Preface 1.1 Scope of Report 1.2 Reasons for Doing This Study 1.3 Research Methodology 1.4 Research Process 1.5 Data Source 1.5.1 Secondary Sources 1.5.2 Primary Sources 2 Market Overview 2.1 Product Definition 2.2 Railway Friction Material by Type 2.2.1 Market Value Comparison by Type (2018 VS 2022 VS 2029) & (US$ Million) 1.2.2 Brake Blocks 1.2.3 Brake Pads 1.2.4 Brake Shoes 1.2.5 Others 2.3 Railway Friction Material by Application 2.3.1 Market Value Comparison by Application (2018 VS 2022 VS 2029) & (US$ Million) 2.3.2 Freight Wagons 2.3.3 High Speed Rail 2.3.4 Passenger Wagons 2.3.5 Locomotive 2.4 Global Market Growth Prospects 2.4.1 Global Railway Friction Material Production Value Estimates and Forecasts (2018-2029) 2.4.2 Global Railway Friction Material Production Capacity Estimates and Forecasts (2018-2029) 2.4.3 Global Railway Friction Material Production Estimates and Forecasts (2018-2029) 2.4.4 Global Railway Friction Material Market Average Price (2018-2029) 3 Market Competitive Landscape by Manufacturers 3.1 Global Railway Friction Material Production by Manufacturers (2018-2023) 3.2 Global Railway Friction Material Production Value by Manufacturers (2018-2023) 3.3 Global Railway Friction Material Average Price by Manufacturers (2018-2023) 3.4 Global Railway Friction Material Industry Manufacturers Ranking, 2021 VS 2022 VS 2023 3.5 Global Railway Friction Material Key Manufacturers, Manufacturing Sites & Headquarters 3.6 Global Railway Friction Material Manufacturers, Product Type & Application 3.7 Global Railway Friction Material Manufacturers, Date of Enter into This Industry 3.8 Global Railway Friction Material Market CR5 and HHI 3.9 Global Manufacturers Mergers & Acquisition 4 Manufacturers Profiled 4.1 Knorr-Bremse 4.1.1 Knorr-Bremse Railway Friction Material Company Information 4.1.2 Knorr-Bremse Railway Friction Material Business Overview 4.1.3 Knorr-Bremse Railway Friction Material Production, Value and Gross Margin (2018-2023) 4.1.4 Knorr-Bremse Product Portfolio 4.1.5 Knorr-Bremse Recent Developments 4.2 Wabtec Corporation 4.2.1 Wabtec Corporation Railway Friction Material Company Information 4.2.2 Wabtec Corporation Railway Friction Material Business Overview 4.2.3 Wabtec Corporation Railway Friction Material Production, Value and Gross Margin (2018-2023) 4.2.4 Wabtec Corporation Product Portfolio 4.2.5 Wabtec Corporation Recent Developments 4.3 Tianyi Group 4.3.1 Tianyi Group Railway Friction Material Company Information 4.3.2 Tianyi Group Railway Friction Material Business Overview 4.3.3 Tianyi Group Railway Friction Material Production, Value and Gross Margin (2018-2023) 4.3.4 Tianyi Group Product Portfolio 4.3.5 Tianyi Group Recent Developments 4.4 Akebono Brake Industry 4.4.1 Akebono Brake Industry Railway Friction Material Company Information 4.4.2 Akebono Brake Industry Railway Friction Material Business Overview 4.4.3 Akebono Brake Industry Railway Friction Material Production, Value and Gross Margin (2018-2023) 4.4.4 Akebono Brake Industry Product Portfolio 4.4.5 Akebono Brake Industry Recent Developments 4.5 Bremskerl 4.5.1 Bremskerl Railway Friction Material Company Information 4.5.2 Bremskerl Railway Friction Material Business Overview 4.5.3 Bremskerl Railway Friction Material Production, Value and Gross Margin (2018-2023) 4.5.4 Bremskerl Product Portfolio 4.5.5 Bremskerl Recent Developments 4.6 Tribo 4.6.1 Tribo Railway Friction Material Company Information 4.6.2 Tribo Railway Friction Material Business Overview 4.6.3 Tribo Railway Friction Material Production, Value and Gross Margin (2018-2023) 4.6.4 Tribo Product Portfolio 4.6.5 Tribo Recent Developments 4.7 Escorts Group 4.7.1 Escorts Group Railway Friction Material Company Information 4.7.2 Escorts Group Railway Friction Material Business Overview 4.7.3 Escorts Group Railway Friction Material Production, Value and Gross Margin (2018-2023) 4.7.4 Escorts Group Product Portfolio 4.7.5 Escorts Group Recent Developments 4.8 PURAN 4.8.1 PURAN Railway Friction Material Company Information 4.8.2 PURAN Railway Friction Material Business Overview 4.8.3 PURAN Railway Friction Material Production, Value and Gross Margin (2018-2023) 4.8.4 PURAN Product Portfolio 4.8.5 PURAN Recent Developments 4.9 CRRC Qishuyan Locomotive Co., Ltd. 4.9.1 CRRC Qishuyan Locomotive Co., Ltd. Railway Friction Material Company Information 4.9.2 CRRC Qishuyan Locomotive Co., Ltd. Railway Friction Material Business Overview 4.9.3 CRRC Qishuyan Locomotive Co., Ltd. Railway Friction Material Production, Value and Gross Margin (2018-2023) 4.9.4 CRRC Qishuyan Locomotive Co., Ltd. Product Portfolio 4.9.5 CRRC Qishuyan Locomotive Co., Ltd. Recent Developments 4.10 Flertex 4.10.1 Flertex Railway Friction Material Company Information 4.10.2 Flertex Railway Friction Material Business Overview 4.10.3 Flertex Railway Friction Material Production, Value and Gross Margin (2018-2023) 4.10.4 Flertex Product Portfolio 4.10.5 Flertex Recent Developments 7.11 Beijing Railway Star Fortune High-Tech Co.,Ltd 7.11.1 Beijing Railway Star Fortune High-Tech Co.,Ltd Railway Friction Material Company Information 7.11.2 Beijing Railway Star Fortune High-Tech Co.,Ltd Railway Friction Material Business Overview 4.11.3 Beijing Railway Star Fortune High-Tech Co.,Ltd Railway Friction Material Production, Value and Gross Margin (2018-2023) 7.11.4 Beijing Railway Star Fortune High-Tech Co.,Ltd Product Portfolio 7.11.5 Beijing Railway Star Fortune High-Tech Co.,Ltd Recent Developments 7.12 BOSUN 7.12.1 BOSUN Railway Friction Material Company Information 7.12.2 BOSUN Railway Friction Material Business Overview 7.12.3 BOSUN Railway Friction Material Production, Value and Gross Margin (2018-2023) 7.12.4 BOSUN Product Portfolio 7.12.5 BOSUN Recent Developments 7.13 Guangdong Huatie Tongda High-speed Railway Equipment Corporation 7.13.1 Guangdong Huatie Tongda High-speed Railway Equipment Corporation Railway Friction Material Company Information 7.13.2 Guangdong Huatie Tongda High-speed Railway Equipment Corporation Railway Friction Material Business Overview 7.13.3 Guangdong Huatie Tongda High-speed Railway Equipment Corporation Railway Friction Material Production, Value and Gross Margin (2018-2023) 7.13.4 Guangdong Huatie Tongda High-speed Railway Equipment Corporation Product Portfolio 7.13.5 Guangdong Huatie Tongda High-speed Railway Equipment Corporation Recent Developments 7.14 Youcaitec Material Co., Ltd. 7.14.1 Youcaitec Material Co., Ltd. Railway Friction Material Company Information 7.14.2 Youcaitec Material Co., Ltd. Railway Friction Material Business Overview 7.14.3 Youcaitec Material Co., Ltd. Railway Friction Material Production, Value and Gross Margin (2018-2023) 7.14.4 Youcaitec Material Co., Ltd. Product Portfolio 7.14.5 Youcaitec Material Co., Ltd. Recent Developments 7.15 JiLing Dongbang 7.15.1 JiLing Dongbang Railway Friction Material Company Information 7.15.2 JiLing Dongbang Railway Friction Material Business Overview 7.15.3 JiLing Dongbang Railway Friction Material Production, Value and Gross Margin (2018-2023) 7.15.4 JiLing Dongbang Product Portfolio 7.15.5 JiLing Dongbang Recent Developments 7.16 Schunk Carbon Technology 7.16.1 Schunk Carbon Technology Railway Friction Material Company Information 7.16.2 Schunk Carbon Technology Railway Friction Material Business Overview 7.16.3 Schunk Carbon Technology Railway Friction Material Production, Value and Gross Margin (2018-2023) 7.16.4 Schunk Carbon Technology Product Portfolio 7.16.5 Schunk Carbon Technology Recent Developments 7.17 Morgan Advanced Materials 7.17.1 Morgan Advanced Materials Railway Friction Material Company Information 7.17.2 Morgan Advanced Materials Railway Friction Material Business Overview 7.17.3 Morgan Advanced Materials Railway Friction Material Production, Value and Gross Margin (2018-2023) 7.17.4 Morgan Advanced Materials Product Portfolio 7.17.5 Morgan Advanced Materials Recent Developments 7.18 Yiyang Group 7.18.1 Yiyang Group Railway Friction Material Company Information 7.18.2 Yiyang Group Railway Friction Material Business Overview 7.18.3 Yiyang Group Railway Friction Material Production, Value and Gross Margin (2018-2023) 7.18.4 Yiyang Group Product Portfolio 7.18.5 Yiyang Group Recent Developments 7.19 Mersen 7.19.1 Mersen Railway Friction Material Company Information 7.19.2 Mersen Railway Friction Material Business Overview 7.19.3 Mersen Railway Friction Material Production, Value and Gross Margin (2018-2023) 7.19.4 Mersen Product Portfolio 7.19.5 Mersen Recent Developments 7.20 Vanguard Tech 7.20.1 Vanguard Tech Railway Friction Material Company Information 7.20.2 Vanguard Tech Railway Friction Material Business Overview 7.20.3 Vanguard Tech Railway Friction Material Production, Value and Gross Margin (2018-2023) 7.20.4 Vanguard Tech Product Portfolio 7.20.5 Vanguard Tech Recent Developments 7.21 LiaoNing HongDe Electrical Carbon Products Co., LTD, 7.21.1 LiaoNing HongDe Electrical Carbon Products Co., LTD, Railway Friction Material Company Information 7.21.2 LiaoNing HongDe Electrical Carbon Products Co., LTD, Railway Friction Material Business Overview 7.21.3 LiaoNing HongDe Electrical Carbon Products Co., LTD, Railway Friction Material Production, Value and Gross Margin (2018-2023) 7.21.4 LiaoNing HongDe Electrical Carbon Products Co., LTD, Product Portfolio 7.21.5 LiaoNing HongDe Electrical Carbon Products Co., LTD, Recent Developments 7.22 Doneka 7.22.1 Doneka Railway Friction Material Company Information 7.22.2 Doneka Railway Friction Material Business Overview 7.22.3 Doneka Railway Friction Material Production, Value and Gross Margin (2018-2023) 7.22.4 Doneka Product Portfolio 7.22.5 Doneka Recent Developments 7.23 EBC Brakes Group 7.23.1 EBC Brakes Group Railway Friction Material Company Information 7.23.2 EBC Brakes Group Railway Friction Material Business Overview 7.23.3 EBC Brakes Group Railway Friction Material Production, Value and Gross Margin (2018-2023) 7.23.4 EBC Brakes Group Product Portfolio 7.23.5 EBC Brakes Group Recent Developments 7.24 TOKAI Carbon 7.24.1 TOKAI Carbon Railway Friction Material Company Information 7.24.2 TOKAI Carbon Railway Friction Material Business Overview 7.24.3 TOKAI Carbon Railway Friction Material Production, Value and Gross Margin (2018-2023) 7.24.4 TOKAI Carbon Product Portfolio 7.24.5 TOKAI Carbon Recent Developments 7.25 Rane Group 7.25.1 Rane Group Railway Friction Material Company Information 7.25.2 Rane Group Railway Friction Material Business Overview 7.25.3 Rane Group Railway Friction Material Production, Value and Gross Margin (2018-2023) 7.25.4 Rane Group Product Portfolio 7.25.5 Rane Group Recent Developments 7.26 Miba 7.26.1 Miba Railway Friction Material Company Information 7.26.2 Miba Railway Friction Material Business Overview 7.26.3 Miba Railway Friction Material Production, Value and Gross Margin (2018-2023) 7.26.4 Miba Product Portfolio 7.26.5 Miba Recent Developments 7.27 Masu Brakes 7.27.1 Masu Brakes Railway Friction Material Company Information 7.27.2 Masu Brakes Railway Friction Material Business Overview 7.27.3 Masu Brakes Railway Friction Material Production, Value and Gross Margin (2018-2023) 7.27.4 Masu Brakes Product Portfolio 7.27.5 Masu Brakes Recent Developments 5 Global Railway Friction Material Production by Region 5.1 Global Railway Friction Material Production Estimates and Forecasts by Region: 2018 VS 2022 VS 2029 5.2 Global Railway Friction Material Production by Region: 2018-2029 5.2.1 Global Railway Friction Material Production by Region: 2018-2023 5.2.2 Global Railway Friction Material Production Forecast by Region (2024-2029) 5.3 Global Railway Friction Material Production Value Estimates and Forecasts by Region: 2018 VS 2022 VS 2029 5.4 Global Railway Friction Material Production Value by Region: 2018-2029 5.4.1 Global Railway Friction Material Production Value by Region: 2018-2023 5.4.2 Global Railway Friction Material Production Value Forecast by Region (2024-2029) 5.5 Global Railway Friction Material Market Price Analysis by Region (2018-2023) 5.6 Global Railway Friction Material Production and Value, YOY Growth 5.6.1 North America Railway Friction Material Production Value Estimates and Forecasts (2018-2029) 5.6.2 Europe Railway Friction Material Production Value Estimates and Forecasts (2018-2029) 5.6.3 China Railway Friction Material Production Value Estimates and Forecasts (2018-2029) 5.6.4 Japan Railway Friction Material Production Value Estimates and Forecasts (2018-2029) 6 Global Railway Friction Material Consumption by Region 6.1 Global Railway Friction Material Consumption Estimates and Forecasts by Region: 2018 VS 2022 VS 2029 6.2 Global Railway Friction Material Consumption by Region (2018-2029) 6.2.1 Global Railway Friction Material Consumption by Region: 2018-2029 6.2.2 Global Railway Friction Material Forecasted Consumption by Region (2024-2029) 6.3 North America 6.3.1 North America Railway Friction Material Consumption Growth Rate by Country: 2018 VS 2022 VS 2029 6.3.2 North America Railway Friction Material Consumption by Country (2018-2029) 6.3.3 United States 6.3.4 Canada 6.4 Europe 6.4.1 Europe Railway Friction Material Consumption Growth Rate by Country: 2018 VS 2022 VS 2029 6.4.2 Europe Railway Friction Material Consumption by Country (2018-2029) 6.4.3 Germany 6.4.4 France 6.4.5 U.K. 6.4.6 Italy 6.4.7 Russia 6.5 Asia Pacific 6.5.1 Asia Pacific Railway Friction Material Consumption Growth Rate by Country: 2018 VS 2022 VS 2029 6.5.2 Asia Pacific Railway Friction Material Consumption by Country (2018-2029) 6.5.3 China 6.5.4 Japan 6.5.5 South Korea 6.5.6 China Taiwan 6.5.7 Southeast Asia 6.5.8 India 6.5.9 Australia 6.6 Latin America, Middle East & Africa 6.6.1 Latin America, Middle East & Africa Railway Friction Material Consumption Growth Rate by Country: 2018 VS 2022 VS 2029 6.6.2 Latin America, Middle East & Africa Railway Friction Material Consumption by Country (2018-2029) 6.6.3 Mexico 6.6.4 Brazil 6.6.5 Turkey 6.6.5 GCC Countries 7 Segment by Type 7.1 Global Railway Friction Material Production by Type (2018-2029) 7.1.1 Global Railway Friction Material Production by Type (2018-2029) & (K Units) 7.1.2 Global Railway Friction Material Production Market Share by Type (2018-2029) 7.2 Global Railway Friction Material Production Value by Type (2018-2029) 7.2.1 Global Railway Friction Material Production Value by Type (2018-2029) & (US$ Million) 7.2.2 Global Railway Friction Material Production Value Market Share by Type (2018-2029) 7.3 Global Railway Friction Material Price by Type (2018-2029) 8 Segment by Application 8.1 Global Railway Friction Material Production by Application (2018-2029) 8.1.1 Global Railway Friction Material Production by Application (2018-2029) & (K Units) 8.1.2 Global Railway Friction Material Production by Application (2018-2029) & (K Units) 8.2 Global Railway Friction Material Production Value by Application (2018-2029) 8.2.1 Global Railway Friction Material Production Value by Application (2018-2029) & (US$ Million) 8.2.2 Global Railway Friction Material Production Value Market Share by Application (2018-2029) 8.3 Global Railway Friction Material Price by Application (2018-2029) 9 Value Chain and Sales Channels Analysis of the Market 9.1 Railway Friction Material Value Chain Analysis 9.1.1 Railway Friction Material Key Raw Materials 9.1.2 Raw Materials Key Suppliers 9.1.3 Railway Friction Material Production Mode & Process 9.2 Railway Friction Material Sales Channels Analysis 9.2.1 Direct Comparison with Distribution Share 9.2.2 Railway Friction Material Distributors 9.2.3 Railway Friction Material Customers 10 Global Railway Friction Material Analyzing Market Dynamics 10.1 Railway Friction Material Industry Trends 10.2 Railway Friction Material Industry Drivers 10.3 Railway Friction Material Industry Opportunities and Challenges 10.4 Railway Friction Material Industry Restraints 11 Report Conclusion 12 Disclaimer