Market size of high-speed train brake pads in China 2013-2020
demand for high-speed rail brake pads in China slowed due to the suspension of many high-speed rail lines caused by the COVID-19 pandemic.
In 2020, the market size of brake pads for high-speed trains in China was valued at about 5.9 billion yuan, a decrease of 18 percent compared to the previous year. During the year, the