Global Automotive Brake Pads Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031
Description
According to our (Global Info Research) latest study, the global Automotive Brake Pads market size was valued at US$ 10790 million in 2024 and is forecast to a readjusted size of USD 12810 million by 2031 with a CAGR of 2.5% during review period.
Brake Pads are components of brake systems used in automotive and other applications. Brake pads are friction materials which bound to the surface that faces the brake rotor and take the brunt of the frictional force necessary to stop the car. In a disc brake system, the brake pedal activates a hydraulic line which squeezes the calipers against the rotors of the car's tires. Pads are positioned between the calipers and the rotors to absorb the energy and heat, and then provide enough grips to stop the car.
In this report, we only count brake pads, not brake shoes. The main difference between brake pads and brake shoes is: The brake shoes are a component of the drum brake system in a vehicle. They are made of a tough, heat-resistant material and are attached to the brake drum. Brake pads are a component of the disc brake system. They are the part that comes into contact with the brake rotor to slow or stop a vehicle.
Note: In the report, one unit Brake Pad represents two pieces of Brake Pads.
The major sales regions for automotive brake pads include North America, Europe, Asia Pacific, and Latin America. Europe is the largest market for automotive brake pads, accounting for over 30% of the global market share in 2023. North America and Asia Pacific follow closely behind. Latin America is a smaller market for automotive brake pads, but it is expected to experience significant growth in the coming years.
The automotive brake pads market is highly competitive, with several key players dominating the market. Some of the major competitors in the market include Bosch, Nisshinbo, ZF Aftermarket (TRW), and Tenneco (Federal Mogul). These companies are constantly innovating and introducing new products to stay ahead of the competition. The market concentration is not high, although the top five companies occupy most of the market share. However, some emerging brands have successfully entered the market through innovative technologies and marketing strategies, breaking the monopoly of traditional brands and reducing market concentration.
Despite the strong growth prospects for the automotive brake pads market, there are several challenges that the industry faces. One of the main challenges is the increasing demand for electric vehicles, which do not require traditional brake pads. This shift towards electric vehicles could potentially impact the demand for automotive brake pads in the future. Additionally, the market is also facing challenges related to environmental regulations and sustainability concerns. As governments around the world implement stricter emissions standards, automotive brake pad manufacturers will need to develop more environmentally friendly products to comply with these regulations.
Despite these challenges, there are also several opportunities for growth in the automotive brake pads market. One of the main opportunities is the increasing demand for high-performance brake pads in the aftermarket segment. As consumers become more conscious of safety and performance, there is a growing demand for premium brake pads that offer better stopping power and durability. Additionally, the growing trend towards autonomous vehicles and advanced driver assistance systems (ADAS) is also expected to drive the demand for advanced brake pad technologies in the coming years.
In terms of future product development trends, the automotive brake pads market is expected to see a shift towards more advanced materials and technologies. Manufacturers are increasingly focusing on developing brake pads that offer better performance, durability, and noise reduction. Ceramic brake pads, in particular, are gaining popularity due to their superior performance and longer lifespan compared to traditional brake pads. Additionally, manufacturers are also investing in research and development to develop brake pads that are more environmentally friendly and comply with stricter emissions standards. Overall, the automotive brake pads market is poised for continued growth and innovation in the coming years.
This report is a detailed and comprehensive analysis for global Automotive Brake Pads market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Automotive Brake Pads market size and forecasts, in consumption value ($ Million), sales quantity (Million Units), and average selling prices (USD/Unit), 2020-2031
Global Automotive Brake Pads market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Million Units), and average selling prices (USD/Unit), 2020-2031
Global Automotive Brake Pads market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Million Units), and average selling prices (USD/Unit), 2020-2031
Global Automotive Brake Pads market shares of main players, shipments in revenue ($ Million), sales quantity (Million Units), and ASP (USD/Unit), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Automotive Brake Pads
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Automotive Brake Pads market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include BOSCH, Nisshinbo, ZF Aftermarket (TRW), Tenneco (Federal Mogul), MAT Holdings, ITT Corporation, Akebono, Sangsin Brake, Brembo, Hitachi, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Automotive Brake Pads market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Non-asbestos Organic Brake Pads
Low Metallic NAO Brake Pads
Semi Metallic Brake Pads
Ceramic Brake Pads
Market segment by Application
Vehicles OEM Industry
Vehicles Aftermarket Industry
Major players covered
BOSCH
Nisshinbo
ZF Aftermarket (TRW)
Tenneco (Federal Mogul)
MAT Holdings
ITT Corporation
Akebono
Sangsin Brake
Brembo
Hitachi
ADVICS
GM (ACDelco)
BorgWarner (Delphi)
Shandong Gold Phoenix
Continental (ATE)
Fras-le
Brake Parts Inc
Knorr-Bremse AG
Double Link
SAL-FER
ABS Friction
Icer Brakes
FBK
MK Kashiyama
EBC Brakes
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Automotive Brake Pads product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Automotive Brake Pads, with price, sales quantity, revenue, and global market share of Automotive Brake Pads from 2020 to 2025.
Chapter 3, the Automotive Brake Pads competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Automotive Brake Pads breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Automotive Brake Pads market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Automotive Brake Pads.
Chapter 14 and 15, to describe Automotive Brake Pads sales channel, distributors, customers, research findings and conclusion.
Brake Pads are components of brake systems used in automotive and other applications. Brake pads are friction materials which bound to the surface that faces the brake rotor and take the brunt of the frictional force necessary to stop the car. In a disc brake system, the brake pedal activates a hydraulic line which squeezes the calipers against the rotors of the car's tires. Pads are positioned between the calipers and the rotors to absorb the energy and heat, and then provide enough grips to stop the car.
In this report, we only count brake pads, not brake shoes. The main difference between brake pads and brake shoes is: The brake shoes are a component of the drum brake system in a vehicle. They are made of a tough, heat-resistant material and are attached to the brake drum. Brake pads are a component of the disc brake system. They are the part that comes into contact with the brake rotor to slow or stop a vehicle.
Note: In the report, one unit Brake Pad represents two pieces of Brake Pads.
The major sales regions for automotive brake pads include North America, Europe, Asia Pacific, and Latin America. Europe is the largest market for automotive brake pads, accounting for over 30% of the global market share in 2023. North America and Asia Pacific follow closely behind. Latin America is a smaller market for automotive brake pads, but it is expected to experience significant growth in the coming years.
The automotive brake pads market is highly competitive, with several key players dominating the market. Some of the major competitors in the market include Bosch, Nisshinbo, ZF Aftermarket (TRW), and Tenneco (Federal Mogul). These companies are constantly innovating and introducing new products to stay ahead of the competition. The market concentration is not high, although the top five companies occupy most of the market share. However, some emerging brands have successfully entered the market through innovative technologies and marketing strategies, breaking the monopoly of traditional brands and reducing market concentration.
Despite the strong growth prospects for the automotive brake pads market, there are several challenges that the industry faces. One of the main challenges is the increasing demand for electric vehicles, which do not require traditional brake pads. This shift towards electric vehicles could potentially impact the demand for automotive brake pads in the future. Additionally, the market is also facing challenges related to environmental regulations and sustainability concerns. As governments around the world implement stricter emissions standards, automotive brake pad manufacturers will need to develop more environmentally friendly products to comply with these regulations.
Despite these challenges, there are also several opportunities for growth in the automotive brake pads market. One of the main opportunities is the increasing demand for high-performance brake pads in the aftermarket segment. As consumers become more conscious of safety and performance, there is a growing demand for premium brake pads that offer better stopping power and durability. Additionally, the growing trend towards autonomous vehicles and advanced driver assistance systems (ADAS) is also expected to drive the demand for advanced brake pad technologies in the coming years.
In terms of future product development trends, the automotive brake pads market is expected to see a shift towards more advanced materials and technologies. Manufacturers are increasingly focusing on developing brake pads that offer better performance, durability, and noise reduction. Ceramic brake pads, in particular, are gaining popularity due to their superior performance and longer lifespan compared to traditional brake pads. Additionally, manufacturers are also investing in research and development to develop brake pads that are more environmentally friendly and comply with stricter emissions standards. Overall, the automotive brake pads market is poised for continued growth and innovation in the coming years.
This report is a detailed and comprehensive analysis for global Automotive Brake Pads market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Automotive Brake Pads market size and forecasts, in consumption value ($ Million), sales quantity (Million Units), and average selling prices (USD/Unit), 2020-2031
Global Automotive Brake Pads market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Million Units), and average selling prices (USD/Unit), 2020-2031
Global Automotive Brake Pads market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Million Units), and average selling prices (USD/Unit), 2020-2031
Global Automotive Brake Pads market shares of main players, shipments in revenue ($ Million), sales quantity (Million Units), and ASP (USD/Unit), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Automotive Brake Pads
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Automotive Brake Pads market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include BOSCH, Nisshinbo, ZF Aftermarket (TRW), Tenneco (Federal Mogul), MAT Holdings, ITT Corporation, Akebono, Sangsin Brake, Brembo, Hitachi, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Automotive Brake Pads market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Non-asbestos Organic Brake Pads
Low Metallic NAO Brake Pads
Semi Metallic Brake Pads
Ceramic Brake Pads
Market segment by Application
Vehicles OEM Industry
Vehicles Aftermarket Industry
Major players covered
BOSCH
Nisshinbo
ZF Aftermarket (TRW)
Tenneco (Federal Mogul)
MAT Holdings
ITT Corporation
Akebono
Sangsin Brake
Brembo
Hitachi
ADVICS
GM (ACDelco)
BorgWarner (Delphi)
Shandong Gold Phoenix
Continental (ATE)
Fras-le
Brake Parts Inc
Knorr-Bremse AG
Double Link
SAL-FER
ABS Friction
Icer Brakes
FBK
MK Kashiyama
EBC Brakes
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Automotive Brake Pads product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Automotive Brake Pads, with price, sales quantity, revenue, and global market share of Automotive Brake Pads from 2020 to 2025.
Chapter 3, the Automotive Brake Pads competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Automotive Brake Pads breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Automotive Brake Pads market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Automotive Brake Pads.
Chapter 14 and 15, to describe Automotive Brake Pads sales channel, distributors, customers, research findings and conclusion.
Table of Contents
146 Pages
- 1 Market Overview
- 2 Manufacturers Profiles
- 3 Competitive Environment: Automotive Brake Pads by Manufacturer
- 4 Consumption Analysis by Region
- 5 Market Segment by Type
- 6 Market Segment by Application
- 7 North America
- 8 Europe
- 9 Asia-Pacific
- 10 South America
- 11 Middle East & Africa
- 12 Market Dynamics
- 13 Raw Material and Industry Chain
- 14 Shipments by Distribution Channel
- 15 Research Findings and Conclusion
- 16 Appendix
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