The global Train Composite Brake Shoe market size is predicted to grow from US$ 224 million in 2025 to US$ 271 million in 2031; it is expected to grow at a CAGR of 3.2% from 2025 to 2031.

Composite brake block is made of resin, asbestos, graphite, iron power and barium sulfaste. According to the friction coefficient, the composite brake block can be made of high friction composite brake block and low friction composite brake block.

Automotive is a key driver of this industry. According to data from the World Automobile Organization (OICA), global automobile production and sales in 2017 reached their peak in the past 10 years, at 97.3 million and 95.89 million respectively. In 2018, the global economic expansion ended, and the global auto market declined as a whole. In 2022, there will wear units 81.6 million vehicles in the world. At present, more than 90% of the worlds automobiles are concentrated in the three continents of Asia, Europe and North America, of which Asia automobile production accounts for 56% of the world, Europe accounts for 20%, and North America accounts for 16%. The world major automobile producing countries include China, the United States, Japan, South Korea, Germany, India, Mexico, and other countries; among them, China is the largest automobile producing country in the world, accounting for about 32%. Japan is the worlds largest car exporter, exporting more than 3.5 million vehicles in 2022. Composite brake shoes are critical components in a trains braking system, providing the necessary friction for safe train stops during deceleration. With the continuous development and modernization of railway transportation, trains are operating at higher speeds and carrying heavier loads, placing increased demands on the performance and reliability of braking systems. The market trends for composite brake shoes are moving towards higher wear resistance, improved braking performance, and longer lifespan. Compared to traditional metal brake shoes, composite brake shoes offer superior wear and heat resistance, ensuring more stable braking performance under high-speed and heavy load conditions. Additionally, composite brake shoes contribute to reducing train maintenance costs as they have a longer lifespan, requiring fewer replacements and maintenance. Therefore, composite brake shoes have a promising future in modern railway transportation and are expected to continue to play a crucial role in the industry.

Infinity Market Research newest research report, the Train Composite Brake Shoe Industry Forecast looks at past sales and reviews total world Train Composite Brake Shoe sales in 2024, providing a comprehensive analysis by region and market sector of projected Train Composite Brake Shoe sales for 2025 through 2031. With Train Composite Brake Shoe sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Train Composite Brake Shoe industry.

This Insight Report provides a comprehensive analysis of the global Train Composite Brake Shoe landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Train Composite Brake Shoe portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms unique position in an accelerating global Train Composite Brake Shoe market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Train Composite Brake Shoe and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Train Composite Brake Shoe.

This report presents a comprehensive overview, market shares, and growth opportunities of Train Composite Brake Shoe market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:

    High Friction Coefficient Type
    Low Friction Type

Segmentation by Application:

    Freight Trains
    Passenger Trains

This report also splits the market by region:

    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the companys coverage, product portfolio, its market penetration.

    CHINA RAILWAY
    Nabtesco Corporation
    Akebono Brake Industry
    Beijing Railway Star Fortune High-Tech
    Zhejiang Lefen Rail Transit Technology
    Shenyang Yuanyuan Friction Sealing Material
    Beijing Puran Railway Braking Technology
    Hindustan Composites
    Wabtec Corporation

Key Questions Addressed in this Report

What is the 10-year outlook for the global Train Composite Brake Shoe market?
What factors are driving Train Composite Brake Shoe market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Train Composite Brake Shoe market opportunities vary by end market size?
How does Train Composite Brake Shoe break out by Type, by Application?