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.

TABLE OF CONTENTS

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