Market Overview:
The global powder metallurgy brake pad market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X%. The growth of the market can be attributed to the increasing demand for high-speed trains and automobiles across the globe. In terms of type, the iron-based brake pads segment is expected to account for a major share of the market during the forecast period. However, copper-based brake pads are anticipated to grow at a higher CAGR owing to their superior properties as compared with other types of brake pads. By application, automotive is expected to hold majority share in terms of revenue during 2018–2030.
Product Definition:
Powder metallurgy brake pads are made of a powdered metal, such as iron, copper, or aluminum. The powder is mixed with a binder and molded into the desired shape. The brake pad is then fired in an oven to harden the binder and form the pad.
Iron-based Brake Pads:
Iron-based brake pads are made from iron and carbon compounds. The product is used in friction reduction applications in the automotive industry. Iron-based products have a high melting point, which allows them to withstand high temperatures during pad wear and friction reduction.
The global market for iron-based brake pads is expected to witness significant growth over the forecast period owing to increasing demand for automobiles across the globe coupled with stringent government regulations regarding environmental pollution caused by vehicles.
Copper-based Brake Pads:
Copper-based brake pads are made of copper and have high friction coefficient. The material has superior electrical conductivity which makes it an ideal choice for use in brake systems. Copper-based materials are used as substitutes to iron-based materials owing to their better performance at a lower cost, low maintenance, and easy availability.
Application Insights:
The automotive segment accounted for the largest share of over 30.0% in 2017 and is expected to continue its dominance over the forecast period. The growing importance of powder metallurgy in the manufacturing of lightweight vehicles, owing to its ability to reduce vehicle weight has been a major factor driving product demand in this application segment.
High-speed rail (HSR) is one of the prominent applications areas for iron-based brake pads as they provide excellent friction performance at low temperatures, which are required for HSR trains operating at high speeds on steel rails. However, copper-based brake pads offer better thermal management and may be used throughout operation range of HSR train fleet as they do not require any additional cooling measures during normal operation temperature range between 0°C and 70°C.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing investments in infrastructure development, coupled with growing automotive production across emerging economies such as China, India, and Japan. Furthermore, rising demand for high-speed trains has resulted in increased product adoption across this region.
Europe was estimated to be the second-largest regional segment followed by Asia Pacific based on volume share reasons. However, Europe is anticipated to lose out on revenue share due to a lack of technological advancement when compared with other regions such as Asia Pacific and North America. Copper powder metallurgy offers significant cost advantages over traditional methods used for manufacturing brake pads owing to lower material costs along with improved performance characteristics resulting from better heat dissipation properties offered by copper alloys than that of steel alloys at equivalent temperatures or iron alloys at elevated temperatures (high temperature).
Growth Factors:
- Increasing demand for fuel-efficient and low-emission vehicles
- Growing automotive industry in developing countries
- Rising demand for lightweight and durable components in automobiles
- Technological advancements in powder metallurgy brake pad manufacturing process
- Stringent government regulations on vehicular emissions
Scope Of The Report
Report Attributes
Report Details
Report Title
Powder Metallurgy Brake Pad Market Research Report
By Type
Iron-based Brake Pads, Copper-based Brake Pads, Others
By Application
High-speed Rail, Automotive, Others
By Companies
Knorr-Bremse AG, Becorit GmbH, Westinghouse Electric Corporation, Beijing Tianyishangjia New Material Corp.,ltd., CSR Qishuyan Locomotive & Rolling Stock Technology Research Institute Co., Ltd., Beijing Puran Rail Transit Technology Co., Ltd., Boshen Tools Co., Ltd., Beijing Railway Star Fortune High-Tech Co.,Ltd., GOLDfren, Zhejiang Taiji Friction Material Cc.,Ltd.
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
244
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Powder Metallurgy Brake Pad Market Report Segments:
The global Powder Metallurgy Brake Pad market is segmented on the basis of:
Types
Iron-based Brake Pads, Copper-based Brake Pads, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
High-speed Rail, Automotive, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Knorr-Bremse AG
- Becorit GmbH
- Westinghouse Electric Corporation
- Beijing Tianyishangjia New Material Corp.,ltd.
- CSR Qishuyan Locomotive & Rolling Stock Technology Research Institute Co., Ltd.
- Beijing Puran Rail Transit Technology Co., Ltd.
- Boshen Tools Co., Ltd.
- Beijing Railway Star Fortune High-Tech Co.,Ltd.
- GOLDfren
- Zhejiang Taiji Friction Material Cc.,Ltd.
Highlights of The Powder Metallurgy Brake Pad Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Iron-based Brake Pads
- Copper-based Brake Pads
- Others
- By Application:
- High-speed Rail
- Automotive
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Powder Metallurgy Brake Pad Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A powder metallurgy brake pad is a type of brake pad made from powders that are bonded together to create a solid piece. This type of brake pad is typically used on heavy vehicles, such as trucks and buses.
Some of the key players operating in the powder metallurgy brake pad market are Knorr-Bremse AG, Becorit GmbH, Westinghouse Electric Corporation, Beijing Tianyishangjia New Material Corp.,ltd., CSR Qishuyan Locomotive & Rolling Stock Technology Research Institute Co., Ltd., Beijing Puran Rail Transit Technology Co., Ltd., Boshen Tools Co., Ltd., Beijing Railway Star Fortune High-Tech Co.,Ltd., GOLDfren, Zhejiang Taiji Friction Material Cc.,Ltd..
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Powder Metallurgy Brake Pad Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Powder Metallurgy Brake Pad Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Powder Metallurgy Brake Pad Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Powder Metallurgy Brake Pad Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Powder Metallurgy Brake Pad Market Size & Forecast, 2018-2028
4.5.1 Powder Metallurgy Brake Pad Market Size and Y-o-Y Growth
4.5.2 Powder Metallurgy Brake Pad Market Absolute $ Opportunity
Chapter 5 Global Powder Metallurgy Brake Pad Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Powder Metallurgy Brake Pad Market Size Forecast by Type
5.2.1 Iron-based Brake Pads
5.2.2 Copper-based Brake Pads
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Powder Metallurgy Brake Pad Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Powder Metallurgy Brake Pad Market Size Forecast by Applications
6.2.1 High-speed Rail
6.2.2 Automotive
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Powder Metallurgy Brake Pad Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Powder Metallurgy Brake Pad Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Powder Metallurgy Brake Pad Analysis and Forecast
9.1 Introduction
9.2 North America Powder Metallurgy Brake Pad Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Powder Metallurgy Brake Pad Market Size Forecast by Type
9.6.1 Iron-based Brake Pads
9.6.2 Copper-based Brake Pads
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Powder Metallurgy Brake Pad Market Size Forecast by Applications
9.10.1 High-speed Rail
9.10.2 Automotive
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Powder Metallurgy Brake Pad Analysis and Forecast
10.1 Introduction
10.2 Europe Powder Metallurgy Brake Pad Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Powder Metallurgy Brake Pad Market Size Forecast by Type
10.6.1 Iron-based Brake Pads
10.6.2 Copper-based Brake Pads
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Powder Metallurgy Brake Pad Market Size Forecast by Applications
10.10.1 High-speed Rail
10.10.2 Automotive
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Powder Metallurgy Brake Pad Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Powder Metallurgy Brake Pad Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Powder Metallurgy Brake Pad Market Size Forecast by Type
11.6.1 Iron-based Brake Pads
11.6.2 Copper-based Brake Pads
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Powder Metallurgy Brake Pad Market Size Forecast by Applications
11.10.1 High-speed Rail
11.10.2 Automotive
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Powder Metallurgy Brake Pad Analysis and Forecast
12.1 Introduction
12.2 Latin America Powder Metallurgy Brake Pad Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Powder Metallurgy Brake Pad Market Size Forecast by Type
12.6.1 Iron-based Brake Pads
12.6.2 Copper-based Brake Pads
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Powder Metallurgy Brake Pad Market Size Forecast by Applications
12.10.1 High-speed Rail
12.10.2 Automotive
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Powder Metallurgy Brake Pad Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Powder Metallurgy Brake Pad Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Powder Metallurgy Brake Pad Market Size Forecast by Type
13.6.1 Iron-based Brake Pads
13.6.2 Copper-based Brake Pads
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Powder Metallurgy Brake Pad Market Size Forecast by Applications
13.10.1 High-speed Rail
13.10.2 Automotive
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Powder Metallurgy Brake Pad Market: Competitive Dashboard
14.2 Global Powder Metallurgy Brake Pad Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Knorr-Bremse AG
14.3.2 Becorit GmbH
14.3.3 Westinghouse Electric Corporation
14.3.4 Beijing Tianyishangjia New Material Corp.,ltd.
14.3.5 CSR Qishuyan Locomotive & Rolling Stock Technology Research Institute Co., Ltd.
14.3.6 Beijing Puran Rail Transit Technology Co., Ltd.
14.3.7 Boshen Tools Co., Ltd.
14.3.8 Beijing Railway Star Fortune High-Tech Co.,Ltd.
14.3.9 GOLDfren
14.3.10 Zhejiang Taiji Friction Material Cc.,Ltd.
