The United States leads the global export market for asbestos friction material, holding a significant share. Germany and Japan follow, with China and Brazil also notable contributors. Recent trends showcase increased exports from Asian countries like China and India, while European countries display mixed performance. Notable growth has been registered in the Philippines and Colombia, contrasting with declining exports from France and Spain. Countries with exceptional growth in 2023 include Tanzania, Lebanon, and Moldova.
Future trends to watch include the escalation of export activity from emerging economies, bolstered by industrial demand and innovation in friction materials. Environmental regulations may impact traditional markets, necessitating adaptation and potential shifts in production strategies.
Top countries in Export of Asbestos Friction Material, Articles Except for Brake Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 35.84 | 2023 | +3.34% | +5.19% | View data |
| 2 | 2 Germany | 17.54 | 2023 | +2.26% | +3.42% | View data |
| 3 | 3 Japan | 13.58 | 2023 | +3.51% | +2.95% | View data |
| 4 | 4 China | 10.22 | 2023 | +4.49% | +4.71% | View data |
| 5 | 5 Brazil | 4.52 | 2023 | +1.31% | +1.13% | View data |
| 6 | 6 India | 2.83 | 2023 | +3.85% | +2.97% | View data |
| 7 | 7 South Korea | 2.24 | 2023 | +5.01% | +4.29% | View data |
| 8 | 8 Thailand | 1.94 | 2023 | +3.53% | +5.44% | View data |
| 9 | 9 France | 1.54 | 2023 | -17.61% | -13.33% | View data |
| 10 | 10 Colombia | 1 | 2023 | +6.23% | +5.75% | View data |
