World Automotive Brake Friction Products Market

World Automotive Brake Friction Products Market

This report analyzes the worldwide markets for Automotive Brake Friction Products in US$ Millions. The report on ‘Automotive Brake Friction Products’ analyzes the market by two-product segments - Brake Pads, and Brake Shoes. The report provides separate comprehensive analytics for US, Canada, Japan, Europe, Asia Pacific, and Rest of World. Annual forecasts are provided for each region for the period of 2006 through 2015. The report profiles 214 companies including many key and niche players worldwide such as ABS Friction Corp., Advics Co. Ltd., Affinia Group Inc., Akebono Brake Industry Co. Ltd., ArvinMeritor, Inc., Brakewel Automotive Components India Private Ltd., BorgWarner Inc., Bosch Automotive Aftermarket, Cardolite Corp., Carlisle Companies Inc., Continental AG, Delphi Corp., Dongying Xinyi Automobile Fitting Co Ltd., Federal-Mogul Corp., Fras Le, Graphite Sales Inc., GMP Friction Products, HEROFO International Trading (Shanghai) Co., Ltd., Honeywell International Inc., Haldex Ab, Japan Brake Industrial Co., Ltd., Knorr-Bremse AG, Messier-Bugatti, MIBA AG, Midwest Brake, Nan Hoang Traffic Instrument Co., Ltd., Nisshinbo Industries, Inc., Ningbo Welline Brake System Co., Ltd., SGL Carbon Ag, Teijin Limited, Tenneco, Thermoset, Inc., TMD Friction Holding GmbH, TRW Automotive Holdings Corp., Wellman Products Group, and Westrock Company, Inc. Market data and analytics are derived from primary and secondary research. Company profiles are mostly extracted from URL research and reported select online sources.

AUTOMOTIVE BRAKE FRICTION PRODUCTS
A GLOBAL STRATEGIC BUSINESS REPORT MCP-1785


CONTENTS


I. INTRODUCTION, METHODOLOGY & PRODUCT DEFINITIONS

Study Reliability and Reporting Limitations I-1
Disclaimers I-2
Data Interpretation & Reporting Level I-2
Quantitative Techniques & Analytics I-3
Product Definitions and Scope of Study I-3
A. Brake Pads I-3
B. Brake Shoes I-3


II. EXECUTIVE SUMMARY

1. Industry Overview II-1
Brake System: An Important Part of Any Automobile II-1
Global Friction Products Aftermarket Overview by Region II-2
Global Friction Products Aftermarket Overview by Product Segment II-2
Recent Market Trends II-2
Major Growth Drivers in Friction Products Aftermarket II-2
Growing Popularity of Ceramic Brake Pads II-3
Focus on Light-weight and Non-toxic Alternative Friction
Material II-3
Sealed Brakes: The Future of Wet Friction Brakes II-3
Manufacturers at the Receiving End to Keep the Prices Down
for Brake Pads II-4
Counterfeit parts: A growing Concern for OEMs II-4
Suppliers Feel the Heat of Economic Recession II-4
Asbestos: The Iconic Friction Material II-5
The Asbestos Ban: Beginning of the End of an Era II-5

2. Product Overview II-6
Friction and Friction Products II-6
How does a brake function? II-6
Friction and Braking II-6
Brake Failure II-7
Brake System II-7
Disc Brakes II-7
Components of a Disc Brake System II-8
Brake Pad: The Friction Component of a Disc Brake System II-8
Factors Affecting the Demand for Brake Pads Aftermarket II-8
Market Analysis for Brake Pads Aftermarket II-8
Technological Trends in the Development of Disc Brakes II-9
Drum Brakes II-9
Market Analysis for Brake Shoes Aftermarket II-9
Alternative Braking Systems II-10
Power brakes II-10
Hand brakes II-10
Hydraulic Brakes II-10

3. Brake Friction Products II-11
Semi-Metallic Brake Pads: II-11
Non-asbestos Organic (NAO) Brake Pads II-12
Low-Metallic NAO Brake Pads II-12
Ceramic Brake Pads II-12
Akebono’s Superior Ceramic Technology II-13
NAO Ceramic Brake Friction Material: An Overview II-13
Major Brake Friction Material Advantages and Disadvantages -
Ceramic, Semi-metallic, Metallic and Non-asbestos Organic
(NAO) Material II-14

4. Friction Material II-15
Dry Friction Material II-15
Classification of Friction Materials II-15
Reinforcing Fibers II-15
Glass II-16
Metallic II-16
Aramid II-16
Potassium Titanate (A Type of Ceramic Material) II-16
Sepiolite II-17
Ceramic II-17
Binders II-17
Phenolic Resins II-18
COPNA (Condensed polynuclear Aromatic) Resins II-18
Silicon Modified resins II-18
Cyanate Ester Resins II-18
Epoxy-modified Phenolic Resins II-19
Thermoplastic Polyimide Resins II-19
Major Binders and Their Advantages & Disadvantages for -
Silicon-modified phenolic resin, Epoxy-modified phenolic
resin, Phenolic resin, COPNA Resin, Thermoplastic
Polyimide resin, II-19
Fillers II-20
Inorganic Fillers II-20
Organic Fillers II-20
Friction Additives II-20
Lubricants (Graphite, Metal sulphides) II-21
Graphite II-21
Table 1: Global Graphite Mine Production by Major Regions
- China, India, Brazil, Mexico, Madagascar and Others for
Years 1999 & 2000 (In Thousand Metric-tons) (includes
corresponding Graph/Chart) II-22
Metal Sulphides II-22
Abrasives (Metal oxides/silicates) II-22
Wet Friction Material II-22
Properties of an Ideal Wet Friction Material: II-23
Paper Type II-23
Sintered Type II-24
Fabric Type II-24

5. Recent Industry Activity II-25
Robert Bosch Announces Acquisition of Friction Business from
Morse II-25
Honeywell Transportation to Operate Friction Materials
Operations as a Separate SBU II-25
Advance Auto Parts to Distribute Federal-Mogul’s Wagner® &
MOOG® ThermoQuiet® Brands II-25
Continental AG to Develop Series Production-ready
Electromechanical Brake II-26
Messier-Bugatti Commences Carbon Brakes and Wheels Production
at Walton Plant II-26
Affinia Group Plans to Cease Operations of 3 Manufacturing Units II-27
TMD Friction Cosid-828 Brake Pad Approved for Use in Eurocity
and Intercity Trains II-27
Continental Establishes New Electronic Braking System
Production Center II-27
Advics and Sumitomo Acquire Majority Stake in Sumiden Brake II-27
Fras-Le Plans Acquisition of Haldex AB II-28
Sun Capital Completes Acquisition of Raytech II-28
Friction Products Secures Contract from The Defense Logistics
Agency II-28
SGL Group and Benteler Automotive to Establish a Joint Venture II-28
Faiveley Transport Acquires Sintered Brake Material Business
from Carbone II-28
Raytech’s Former Wet Friction Business Re-branded as Friction
Holdings II-29
Timken Offers TracGlide® Friction Management System to Rail
Polska II-29
TMD Friction Channels Resources into Aftermarket Business II-29
Wabtec forms Two Joint Ventures with Sibanye Brakes in South
Africa II-30
Affinia Acquisition Acquires Majority Stake in HBM Investment II-30
Federal-Mogul to Establish New Facility for Production of
Friction Components II-30
Rane Brake Plans Capacity Expansion II-31
Aisin Seiki Transfers Majority Stake in SEBT to Aisin Chemical II-31
Fras-le to Establish New Production Facility in China II-31
Continental AG Establishes New HBS Production Unit in Changshu II-31
Affinia Group Acquires Certain Assets From Brake Pro II-32
GEMPCO renamed as GMP Friction Products II-32
Itochu Acquires Minority Stake in Akebono Corp II-32
TRW Plans to Unveil New Electric eDIH Park Brake II-33
SGL Group Takes Over epo GmbH II-33
Miba Establishes New Steel Disc Production Plant in Slovakia II-33
Carlisle Plans to Close On-Highway Braking Plant II-34
Delphi Signs Asset Sale-and-Purchase Agreement with Frenados
Mexicanos and Robert Bosch LLC II-34
TMD Friction to Open TMD Friction Romania II-34
AISIN and ADVICS Merge Subsidiaries II-34
Brembo Forms Joint Venture with Sabelt II-35
Teijin Plans Capacity Expansion of Twaron Plants II-35
Akebono Plans to Setup New Casting Foundry II-35
ICE Industries Inks Supply Agreement with Raybestos II-36
Cardolite Corp Inaugurates Manufacturing Facility in China II-36
ArvinMeritor Secures Exclusive Distribution Agreement for
FrasLe® in Mexico II-36
TMD Friction Opens New Central European Warehouse II-36
Wabtec Acquires Becorit GmbH II-37
EBC Brakes Extends Operations in Europe II-37
Akebono Sets Up New Company to Manufacture Disc Brakes II-37
Ballard Material Gets Extension of Carbon Fiber Material Contract II-37
New Process Unveiled for Producing Friction Material II-38
Carlisle Companies Acquires Assets of ArvinMeritor II-38
TMD Friction & BASF Coatings Reach Agreement on Research and
Supply II-38
Power Stop, LLC Purchases Power Stop® Brake Products II-38
Mintye Industries to Increase Capacity II-39
Norstar to Expand Production II-39
CASCAR Enters New Agreement with Satisfied Brake Products II-39
ITT Industries Announces Expansion Plans for Brake Pads
Production II-39
Honeywell Brake to Shutdown Operations in Panhandle II-39
Carlisle Takes over Zhejiang Kete II-40
Tokyo Buhin Kogyo to Expand Production in China II-40
Advanced Friction Technologies Merges with Champion Friction II-40
Carlisle Acquires Zhejiang Kete Braking Business II-40
LuK Group Acquires APTEC Reibtechnik II-40
Co-operation Agreement Between SGL Carbon and Mitsubishi Rayon
in Carbon Fiber II-41
Wabtec Corp. Acquires Rutgers Rail SpA II-41
Miba Friction Inaugurates New Development & Manufacturing
Facility II-41
Otsuka Chemical and Itochu Form New Company in China II-41
Fras-le Plans Capacity Expansion of Linings Plant II-41
Germany TMD Friction Plans Investments in Brazil II-42
Ceradyne Takes Over Wacker Ceramics II-42
Japan Brake Industrial to Initiate Production in China II-42
Miba Friction Inaugurates Production Facility in Roitham II-42
Federal Mogul to Invest in Thailand II-42
Midwest Air Takes Over a Unit of Roulunds Fabriker II-43

6. Product Launches II-44
AutoPartsSource Launches New VGX Platinum Brake Line II-44
Bendix Spicer Launches Three New Aftermarket Brake Linings II-44
Meritor WABCO Launches New OnGaurd™ Technology II-44
Brembo Unveils New Brake Technology II-45
Honeywell Friction to Release JURID® Brand II-45
TRW Automotive Develops New AEB Systems II-45
TMD Friction Develops Advanced Hybrid Brake Pads II-46
Continental Plans to Introduce New Advanced Electronic Brake
System II-46
Federal Mogul Launches New Wagner® EDGE™ Brake Pad System II-46
Bendix Brakes Introduces New CQ Ceramic Brake Pads II-47
New Friction Bodies Developed II-47
Tribco Develops New Friction Material II-47
EBC Brakes Introduces New Line of Ultimax OEM Plus Brake Pads II-47
New Brake Plate Developed II-47
A New Functionally Graded Friction Material Developed II-47
Brake Pro Introduces New Premium, Heavy-Duty Lining II-48
Carlisle Launches New Economically-Priced Brake Lining II-48
Akebono Unveils New Range of Upgraded ceramic Products II-48
Brake Pro. Ltd. Launches a New Friction Material Range II-49
Hawk Performance to Launch a New line of Disc Brake Pads II-49
Carlisle Industrial Brake and Friction Launches Friction Pak™
Package II-49
Federal-Mogul Introduces New Wagner SevereDuty™ Premium Brake
Product Line II-49
Federal-Mogul Corporation Introduces Abex® Medium-duty Disc
Brake Shoes and Pads II-50
Haldex Introduces Haldex Friction Products-3000 Series II-50

7. Focus on Select Global Players II-51
ABS Friction Corp. (Canada) II-51
Advics Co. Ltd. (JAPAN) II-51
Affinia Group Inc. (USA) II-51
Akebono Brake Industry Co. Ltd. (Japan) II-51
ArvinMeritor, Inc. (USA) II-52
Brakewel Automotive Components India Private Ltd. (India) II-52
BorgWarner Inc. (USA) II-52
Bosch Automotive Aftermarket (Germany) II-53
Cardolite Corp. (USA) II-53
Carlisle Companies Inc. (USA) II-54
Continental AG (Germany) II-54
Delphi Corp. (USA) II-54
Dongying Xinyi Automobile Fitting Co Ltd (China) II-55
Federal-Mogul Corp. (USA) II-55
Fras Le (Brazil) II-56
Graphite Sales Inc. (USA) II-56
GMP Friction Products (USA) II-56
HEROFO International Trading (Shanghai) Co., Ltd. (CHINA) II-56
Honeywell International Inc. (USA) II-57
Haldex Ab (SWEDEN) II-57
Japan Brake Industrial Co., Ltd. (JAPAN) II-57
Knorr-Bremse AG (Germany) II-57
Messier-Bugatti (France) II-58
MIBA AG (Germany) II-58
Midwest Brake (USA) II-58
Nan Hoang Traffic Instrument Co., Ltd (Taiwan) II-59
Nisshinbo Industries, Inc. (Japan) II-59
Ningbo Welline Brake System Co., Ltd (China) II-59
SGL Carbon Ag (Germany) II-59
Teijin Limited (Japan) II-60
Tenneco (USA) II-60
Thermoset, Inc. (USA) II-61
TMD Friction Holding GmbH (Germany) II-61
TRW Automotive Holdings Corp. (USA) II-61
Wellman Products Group (USA) II-62
Westrock Company, Inc (USA) II-62

8. Global Market Perspective II-63
Table 2: World Recent Past, Current & Future Analysis for
Brake Friction Products Aftermarket for Light Vehicles by
Region - US, Canada, Japan, Europe, Asia Pacific, and Rest of
World Independently Analyzed with Annual Sales (*) Figures in
US$ Million for Years 2006 through 2015 (includes
corresponding Graph/Chart) II-63

Table 3: World 10-Year Perspective for Brake Friction Products
Aftermarket for Light Vehicles by Region - US, Canada, Japan,
Europe, Asia Pacific, and Rest of World Markets for Years
2006, 2009, and 2015 (includes corresponding Graph/Chart) II-64

Table 4: World Recent Past, Current & Future Analysis for
Brake Pads Aftermarket for Light Vehicles by Region- US,
Canada, Japan, Europe, Asia Pacific, and Rest of World
Independently Analyzed with Annual Sales Figures in US$
million for Years 2006 through 2015 (includes corresponding
Graph/Chart) II-65

Table 5: World 10-Year Perspective for Brake Pads Aftermarket
for Light Vehicles by Region- US, Canada, Japan, Europe, Asia
Pacific, and Rest of World for Years 2006, 2009, and 2015
(includes corresponding Graph/Chart) II-66

Table 6: World Recent Past, Current & Future Analysis for
Brake Shoes Aftermarket for Light Vehicles by Region- US,
Canada, Japan, Europe, Asia Pacific, and Rest of World
Independently Analyzed with Annual Sales Figures in US$
million for Years 2006 through 2015 (includes corresponding
Graph/Chart) II-67

Table 7: World 10-Year Perspective for Brake Shoes Aftermarket
for Light Vehicles by Region- US, Canada, Japan, Europe, Asia
Pacific, and Rest of World million for Years 2006, 2009, and
2015 (includes corresponding Graph/Chart) II-68


III. MARKET

1. North America III-1
Overview III-1
Impact of decline in automotive market and economic recession III-1
Changing Face of North American Aftermarket III-1
Table 8: North American Brake Pad Aftermarket: Market Share
of Major Players by Revenues: Federal-Mogul Corporation,
Affinia Under Vehicle Group, Honeywell Friction Materials,
Morse Automotive Corporation, Satisfied Brake Products,
Akebono Corporation and Others, in 2004 (includes
corresponding Graph/Chart) III-2

Table 9: North American Brake Shoes Aftermarket: Market Share
of Major Players by Revenues - Dana Brakes and Chassis,
Federal-Mogul, OES, Bendix brakes, Satisfied Brake Products
Morse Automotives, and Others, in 2001Premium Components
(includes corresponding Graph/Chart) III-3
Focus on Premium Components Sale and Better Product
Differentiation: Key Growth Drivers for the Aftermarket III-3

2. The United States III-4
A.Market Analysis III-4
Table 10: Total Number of Vehicles in Use by Vehicle Type in
the US (in Million): Passenger Cars and Light Trucks in the
years 2007 and 2008 III-4
Strategic Corporate Developments III-4
Product Launches III-9
Key Players III-13
Affinia Group Inc. III-13
ArvinMeritor, Inc. III-13
BorgWarner Inc. III-14
Cardolite Corp. III-14
Carlisle Companies Inc III-14
Centric Parts Inc. III-15
Cleveland Oak, Inc. III-15
Delphi Corporation III-15
Federal-Mogul Corp. III-16
GMP Friction Products III-16
Honeywell International Inc. III-16
Midwest Brake III-17
Tenneco III-17
Thermoset, Inc. III-17
TRW Automotive Holdings Corp. III-18
Wellman Products Group III-18
Wabtec Corp. III-18
Wellman Products Group III-19
Westrock Company, Inc III-19
B.Market Analytics III-20
Table 11: US Recent Past, Current and Future Analysis of
Brake Friction Products Aftermarket for Light Vehicles by
Product Segment - Brake Pads and Brake Shoes Independently
Analyzed with Annual Sales Figures in US$ million for Years
2006 through 2015 (includes corresponding Graph/Chart) III-20

Table 12: US 10-Year Perspective for Friction Products
Aftermarket for Light Vehicles by Product Segment - Brake
Pads and Brake Shoes for Years 2006, 2009, and 2015 III-20

3. Canada III-21
A.Market Analysis III-21
Table 13: Total Number of Vehicles in Use in Canada by Type
(2007 and 2008): Passenger Cars and Light Trucks (in
million) III-21
Canadian Brake Pads Aftermarket: Growing Faster than the US III-21
Key Players III-21
ABS Friction Corp. III-21
Satisfied Brake Products III-22
B.Market Analytics III-22
Table 14: Canadian Recent Past, Current and Future Analysis
for Brake Friction Products Aftermarket for Light Vehicles
by Product Segment - Brake Pads & Brake Shoes Independently
Analyzed with Annual Sales Figures in US$ million for Years
2006 through 2015 (includes corresponding Graph/Chart) III-22

Table 15: Canadian 10-Year Perspective for Brake Friction
Products Aftermarket for Light Vehicles by Product Segment -
Brake Pads & Brake Shoes for Years 2006, 2009, and 2015 III-22

4. Japan III-23
A.Market Analysis III-23
Brake Pads Lead the Way III-23
Table 16: Total Number of Vehicles in Use in Japan by
Vehicle Type (2006 and 2007): Passenger Cars and Light
Trucks (in million) III-23
Strategic Corporate Developments III-24
Product Launches III-24
Key Players III-25
Advics Co. Ltd. III-25
Akebono Brake Industry Company Limited III-25
Japan Brake Industrial Co., Ltd. III-26
Nisshinbo Industries, Inc III-26
Tokai Carbon Co. Ltd III-26
B.Market Analytics III-27
Table 17: Japanese Recent Past, Current and Future Analysis
of Brake Friction Products Aftermarket for Light Vehicles by
Product Segment - Brake Pads and Brake Shoes Independently
Analyzed with Annual Sales Figures in US$ million for Years
2006 through 2015 (includes corresponding Graph/Chart) III-27

Table 18: Japanese 10-Year Perspective for Brake Friction
Products Aftermarket for Light Vehicles by Product Segment -
Brake Pads and Brake Shoes for Years 2006, 2009, and 2015 III-27

5. Europe III-28
A.Market Analysis III-28
Evolving European Marke III-28
Table 19: Total Number of Vehicles in Use in Europe by Type
(2006 and 2007): Passenger Cars and Light Trucks (in
million) III-28
Strategic Corporate Developments III-28
B.Market Analytics III-33
Table 20: European Recent Past, Current and Future Analysis
for Brake Friction Products Aftermarket for Light Vehicles
by Region - France, Germany, Italy, UK and Rest of Europe
Markets Independently Analyzed with Annual Sales Figures in
US$ Million for Years 2006 through 2015 (includes
corresponding Graph/Chart) III-33

Table 21: European 10-Year Perspective for Brake Friction
Products Aftermarket for Light Vehicle by Region - France,
Germany, Italy, UK and Rest of Europe Markets for Years
2006, 2009, and 2015 (includes corresponding Graph/Chart) III-34

Table 22: European Recent Past, Current and Future Analysis
of Brake Friction Products Aftermarket for Light Vehicles by
Product Segment - Brake Pads and Brake Shoes Independently
Analyzed with Annual Sales Figures in US$ million for Years
2006 through 2015 (includes corresponding Graph/Chart) III-35

Table 23: European 10-Year Perspective for Brake Friction
Products Aftermarket for Light Vehicle by Product Segment -
Brake Pads and Brake Shoes for Years 2006, 2009, and 2015 III-35

5a. France III-36
A.Market Analysis III-36
Table 24: Total Number of Vehicles in Use in France by Type
(2006 and 2007): Passenger Cars and Light Trucks (in
million) III-36
Strategic Corporate Developments III-36
Key Player - Messier-Bugatti III-36
B.Market Analytics III-37
Table 25: French Recent Past, Current and Future Analysis of
Brake Friction Products Aftermarket for Light Vehicles by
Product Segment - Brake Pads and Brake Shoes Independently
Analyzed with Annual Sales Figures in US$ million for Years
2006 through 2015 (includes corresponding Graph/Chart) III-37

Table 26: French 10-Year Perspective for Brake Friction
Products Aftermarket for Light Vehicles by Product Segment -
Brake Pads and Brake Shoes for Years 2006, 2009, and 2015 III-37

5b. Germany III-38
A.Market Analysis III-38
Table 27: Total Number of Vehicles in Use in Germany by Type
(2006 and 2007): Passenger Cars and Light Trucks (in
million) III-38
Strategic Corporate Developments III-38
Product Launches III-40
Key Players III-41
Bosch Automotive Aftermarket III-41
Continental AG III-42
Knorr-Bremse AG III-42
MIBA AG III-42
SGL Carbon Ag III-43
TMD Friction Holding GmbH III-43
B.Market Analytics III-44
Table 28: German Recent Past, Current and Future Analysis of
Brake Friction Products Aftermarket for Light Vehicles by
Product Segment - Brake Pads and Brake Shoes Independently
Analyzed with Annual Sales Figures in US$ million for Years
2006 through 2015 (includes corresponding Graph/Chart) III-44

Table 29: German 10-Year Perspective for Brake Friction
Products Aftermarket for Light Vehicles by Product Segment -
Brake Pads and Brake Shoes. Independently for Years 2006,
2009, and 2015 III-44

5c. Italy III-45
A.Market Analysis III-45
Table 30: Total Number of Vehicles in Use in Italy by Type
(2006 and 2007): Passenger Cars and Light Trucks (in
million) III-45
B.Market Analytics III-46
Table 31: Italian Recent Past, Current and Future Analysis
of Brake Friction Products Aftermarket for Light Vehicles by
Product Segment - Brake Pads and Brake Shoes Independently
Analyzed with Annual Sales Figures in US$ million for Years
2006 through 2015 (includes corresponding Graph/Chart) III-46

Table 32: Italian 10-Year Perspective for Brake Friction
Products Aftermarket for Light Vehicles by Product Segment -
Brake Pads and Brake Shoes for Years 2006, 2009, and 2015 III-46

5d. The United Kingdom III-47
A.Market Analysis III-47
Table 33: Total Number of Vehicles in Use in the UK by Type
(2006 and 2007): Passenger Cars and Light Trucks (in
million) III-47
Strategic Development III-47
B.Market Analytics III-48
Table 34: The UK Recent Past, Current and Future Analysis of
Brake Friction Products Aftermarket for Light Vehicles by
Product Segment - Brake Pads and Brake Shoes Independently
Analyzed with Annual Sales Figures in US$ million for Years
2006 through 2015 (includes corresponding Graph/Chart) III-48

Table 35: The UK 10-Year Perspective for Friction Products
Aftermarket for Light Vehicles by Product Segment - Brake
Pads and Brake Shoes for Years 2006, 2009, and 2015 III-48

5e. Rest of Europe III-49
A.Market Analysis III-49
Table 36: Total Number of Vehicles in Use in Rest of Europe
by Type (2006 and 2007): Passenger Cars and Light Trucks (in
million) III-49
Strategic Corporate Development III-49
Product Launches III-50
Key Players III-50
Galfer Industries S.A. (Spain) III-50
Haldex Ab (SWEDEN) III-51
B.Market Analytics III-51
Table 37: Rest of Europe Recent Past, Current and Future
Analysis of Brake Friction Products Aftermarket for Light
Vehicles by Product Segment - Brake Pads and Brake Shoes
Independently Analyzed with Annual Sales Figures in US$
million for Years 2006 through 2015 (includes corresponding
Graph/Chart) III-51

Table 38: Rest of Europe 10-Year Perspective for brake
Friction Products Aftermarket for Light Vehicles by Product
Segment - Brake Pads and Brake Shoes for Years 2006, 2009,
and 2015 III-52

6. Asia Pacific III-53
A.Market Analysis III-53
Table 39: Total Number of Vehicles in Use in Asia Pacific by
Type (2007 and 2008): Passenger Cars and Light Trucks (in
million) III-53
Brief Overview on Major Markets of Asia Pacific III-53
China - Where the Future Lies III-53
Table 40: Total Number of Vehicles in Use in China by Type
(2007 and 2008): Passenger Cars and Light Trucks (in
million) III-53
Chinese Brake Friction Parts Exports III-54
Aftermarket Dominates Chinese Exports III-54
Leading Export Markets III-54
High Barriers Persist for Entry into International OES/OEM
Market III-55
Table 41: Chinese Brake Pad Aftermarket: Market Share of
Leading Players by Revenues for 2006 - Shandong Gold
Phoenix Group, Hangzhou Hangcheng Friction Material,
Shandong Xinyi Group, Federal Mogul, TMD Friction,
Zhejiang Hangwan Automobile Spare Parts, Hangzhou Westlake
Friction Material, Fujian Guanlean Automotive Parts
(includes corresponding Graph/Chart) III-55

Table 42: Chinese Brake Shoe Aftermarket: Market Share of
Leading Players by Revenues for 2006: Hangzhou Westlake
Friction Material, Hangzhou Hangcheng Friction Material,
Tian Bao Group, Zhejiang Hangwan Automobile Spare Parts,
Fujian Guanlean Automotive Parts (includes corresponding
Graph/Chart) III-56
Taiwan III-56
Taiwan Auto Part Makers Target International OEM Parts Market III-56
Nan Hoang Traffic Instrument Speeds Ahead in OEM Parts Market III-56
Korea III-57
Table 43: Korean Automotive Brake Friction Parts Market:
Market Share of Leading Players by Revenues for 2004 -
Sangsin Brake, Saeron Automotive, Korea Beral, and Others
(includes corresponding Graph/Chart) III-57
India III-58
Table 44: Total Number of Vehicles in Use in India by
Vehicle Type for 2007 and 2008: Passenger Cars and Light
Trucks (In Million) III-58

Table 45: Indian Brake Friction Parts Aftermarket: Market
Share Breakdown by Vehicle Type in terms of Revenues for
2007 and 2008: Commercial Vehicle, Passenger Car, Two
wheeler, Multi-utility Vehicle (MUV), and Tractors
(includes corresponding Graph/Chart) III-59

Table 46: Indian Brake Friction Parts Aftermarket: Market
Share by Major Players for 2001: Rane Brake Lining,
Sundaram Brake Lining, Allied Nippon, Vehicle
Manufacturers, Hindustan Composites, Kalyani Brakes, Brakes
India and Others (includes corresponding Graph/Chart) III-59

Table 47: Indian Passenger Car Brake Shoes Aftermarket:
Market Share of Major Players by Revenues for 2001: Kalyani
Brakes, Brakes India, Maruti Genuine Parts, Allied Nippon,
Rane Brake Lining, and Others (includes corresponding
Graph/Chart) III-60

Table 48: Indian Multi-utility Vehicle (MUV) Disc Brake
Pads and Brake Lining Aftermarket: Market Share of Leading
Players by Revenues for 2001 (includes corresponding
Graph/Chart) III-60
Strategic Corporate Developments III-61
Key Players III-65
Dongying Xinyi Automobile Fitting Co. Ltd. (China) III-65
Fujian Guanlean Automotive Parts Industry Co. Ltd (China) III-65
Nan Hoang Traffic Instrument Co., Ltd (Taiwan) III-66
Ningbo Welline Brake System Co., Ltd (China) III-66
Hindustan Composites Limited (INDIA) III-66
BIC Auto Private Limited (India) III-66
Brakewel Automotive Components India Private Limited (India) III-67
B.Market Analytics III-67
Table 49: Asia Pacific Recent Past, Current and Future
Analysis of Brake Friction Products Aftermarket for Light
Vehicles by Product Segment - Brake Pads and Brake Shoes
Independently Analyzed with Annual Sales Figures in US$
million for Years 2006 through 2015 (includes corresponding
Graph/Chart) III-67

Table 50: Asia Pacific 10-Year Perspective for Brake
Friction Products Aftermarket for Light Vehicles by Product
Segment - Brake Pads and Brake Shoes for Years 2006, 2009,
and 2015 III-68

6. Rest of the World III-69
A.Market Analysis III-69
Key Player - Fras Le III-69
Strategic Corporate Developments III-69
B.Market Analytics III-71
Table 51: Rest of the World Recent Past, Current and Future
Analysis of Brake Friction Products Aftermarket for Light
Vehicles by Product Segment - Brake Pads and Brake Shoes
Independently Analyzed with Annual Sales Figures in US$
million for Years 2006 through 2015 (includes corresponding
Graph/Chart) III-71

Table 52: Rest of the World 10-Year Perspective for Brake
Friction Products Aftermarket by Product Segment - Brake
Pads and Brake Shoes for Years 2006, 2009, and 2015 III-71


IV. COMPETITIVE LANDSCAPE