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The brake shoe market is a segment of the brake systems and components industry. Brake shoes are friction-based components that are used in drum brakes, which are commonly found in older vehicles. They are made up of a metal backing plate and a friction material, which is typically made of asbestos, ceramic, or semi-metallic materials. The friction material is designed to wear down over time, and the brake shoes must be replaced periodically.
The brake shoe market is highly competitive, with a variety of manufacturers offering different types of brake shoes. Companies in the market include Akebono, Bendix, Bosch, Delphi, Federal-Mogul, and TRW Automotive. Show Less Read more