Global Automotive Carbon Ceramic Brakes Market to Reach Us$ 722.5 Mn in 2028; Growing Demand for Luxury and High Performance Vehicles to Drive the Global Automotive Carbon Ceramic Brakes Market.
Stringent emission standards in countries, such as Germany, the U.S., Canada, the U.K. and Mexico, are compelling automotive manufacturers to make fuel efficient vehicles. To achieve fuel economy, auto makers are trying to reduce the weight of vehicles and their components, which will support the demand for automotive carbon ceramic brakes. As a result, the global market for Automotive Carbon Ceramic Brakes is expected to witness significant growth in 2018 and reach a market value of US$ 256.0 Mn while growing at a y-o-y growth rate of 8.9 percent as compared to 2017. Furthermore, the global demand for Automotive Carbon Ceramic Brakes will also be influenced by increasing vehicle production and fleet.
Surface Transforms (LON:SCE) are experts in the development and production of carbon-ceramic materials and the UK’s only manufacturer of carbon-ceramic brakes for automotive use. ST utilises our proprietary next-generation carbon-ceramic material – CCST – to create lightweight brake discs for high-performance applications, including automotive and aircraft brakes. Surface Transforms has extensive in-house engineering and manufacturing capabilities, including the facilities for manufacturing carbon-ceramic brake discs.