The global export of asbestos friction materials and articles thereof revealed Japan as the predominant exporter in 2023, followed by the United States and Germany. While significant growth was seen in China's exports, the Philippines showed the highest year-on-year increase with 9.28%. Conversely, countries like Bosnia and Herzegovina, and South Africa experienced the steepest declines.
Looking ahead, environmental and health regulations are expected to impact the asbestos friction materials market. Economies diversifying away from asbestos products will likely drive a decline, while regulatory policies, alternative materials development, and technological advancements will be critical to watch. The adaptability of countries to these changes will shape future export dynamics.
Top countries in Export of Asbestos Friction Materials and Articles Thereof by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Japan | 326,980,000 | 2023 | +0.4% | +0.66% | View data |
| 2 | 2 United States | 286,990,000 | 2023 | +2.36% | +3.36% | View data |
| 3 | 3 Germany | 217,770,000 | 2023 | +1.13% | +1.6% | View data |
| 4 | 4 Brazil | 109,680,000 | 2023 | -0.053% | -0.098% | View data |
| 5 | 5 United Kingdom | 90,251,000 | 2023 | +1.33% | +2.36% | View data |
| 6 | 6 China | 76,831,000 | 2023 | +3.93% | +4.33% | View data |
| 7 | 7 India | 72,567,000 | 2023 | +2.25% | +2.31% | View data |
| 8 | 8 Spain | 51,555,000 | 2023 | +0.91% | -0.58% | View data |
| 9 | 9 France | 35,142,000 | 2023 | -7.06% | -5.36% | View data |
| 10 | 10 Thailand | 21,253,000 | 2023 | +0.84% | +2.1% | View data |
