Mat Holdings Launches New Product Line under Bendix Brand
The
renowned breaks manufacturing company established
new product line for the United States market
United
States: Mat
Holdings Inc. is a manufacturing, marketing and distribution company, providing
various automotive products for two business categories, i.e. automotive and
consumer segment. The company manufactures automotive brake pads, discs, shoes
and brake shoe kits in United States and recently launched Bendix Breaks
product line for automobiles.
The new Bendix Breaks is a copper-free
product, which places the brakes at an edge with the environmentally conscious
brake design. As per to meet regulations of California and Washington in United
States, all brake manufacturers are required to eliminate copper from friction
formulations.
Bendix Premium brake pads is
also incorporated with four-layer noise eliminating shims. Bendix Premium
rotors is made in Europe and is platform-specific. It would be sold in pairs
within responsible weight limits. The company also claimed that product will
meet high standards of quality, precise, OEM-driven machining specs,
OE-specified design and vane configuration and a premium coating to protect
from corrosion.
TechSci Research believes
that, Bendix Brakes Premium brand by Mat Holdings Inc. is gaining wide
popularity across United States. By introducing a new product line, the
company, has targeted a specific set of automotive segment in the entire region.
Eventually, with the growing demand, arising from the automotive companies for
this product, the sale of Bendix Breaks is expected to grow during coming years,
adding up to the overall United States automotive brake pads, shoes & lining
market.
According to a recent report
published by TechSci Research, “United
States Automotive Brake Pads, Shoes & Lining Market,
By Vehicle Type, By Demand Category, By Brake Type Competition Forecast &
Opportunities, 2011 – 2021”,
United Sates automotive brake pads, shoes & linings market is projected to
grow at a CAGR of over 4% during 2016-2021. Changes in braking rules and
regulations related to use of copper and other toxic materials in brake pads
and shoes in the United States, is expected to influence the country’s brake
pads, shoes and linings market over the next few years. In 2015, light
commercial vehicle segment dominated the country’s automotive vehicle market,
followed by passenger car segment.