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Railway Brake Systems – Market Growth, Trends, Forecast and COVID-19 Impacts (2014 – 2027) – KSU

Railway Brake Systems – Market Growth, Trends, Forecast and COVID-19 Impacts (2014 – 2027) gmmApril 29, 2021 1 Latest market research report on Global Railway Brake Systems Market published by Global Market Monitor, offers updated COVID-19 Impacts on global or regional Railway Brake Systems market. The migration of the Fluorescent pigments business to Asia, particularly China and India, continues. Since the mid-1990s, production in China and India has rapidly increased; China is now the world’s largest consumer of Fluorescent pigments. Additional medium-tier to higher-value Fluorescent pigments also migrates to China from North America, Europe and Japan. Production in Europe, USA and Japan continues on a downward trend as the market has become globalized and gross margins have been squeezed.

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