Brake Pads Market

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.

Brake Pads Market contains market size and forecasts of Brake Pads in global, including the following market information:

Global Brake Pads Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global Brake Pads Market Sales, 2017-2022, 2023-2028, (M Units)

Global top five Brake Pads companies in 2021 (%)

The global Brake Pads market was valued at 11480 million in 2021 and is projected to reach US$ 12690 million by 2028, at a CAGR of 1.4% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Non-asbestos Organic Brake Pads Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Brake Pads include Federal Mogul, TRW, Nisshinbo, Akebono, MAT Holdings, Delphi Automotive, ITT, Sangsin Brake and Sumitomo, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

We surveyed the Brake Pads manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Brake Pads Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (M Units)

Global Brake Pads Market Segment Percentages, by Type, 2021 (%)

Non-asbestos Organic Brake Pads

Semi Metallic Brake Pads

Low Metallic NAO Brake Pads

Ceramic Brake Pads

Global Brake Pads Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (M Units)

Global Brake Pads Market Segment Percentages, by Application, 2021 (%)

OEM

Aftermarket

Global Brake Pads Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (M Units)

Global Brake Pads Market Segment Percentages, By Region and Country, 2021 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Brake Pads revenues in global market, 2017-2022 (Estimated), ($ millions)

Key companies Brake Pads revenues share in global market, 2021 (%)

Key companies Brake Pads sales in global market, 2017-2022 (Estimated), (M Units)

Key companies Brake Pads sales share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

Federal Mogul

TRW

Nisshinbo

Akebono

MAT Holdings

Delphi Automotive

ITT

Sangsin Brake

Sumitomo

Hitachi Chemical

ATE

BREMBO

ADVICS

Acdelco

Brake Parts Inc

ICER

Fras-le

EBC Brakes

ABS Friction

Shandong Gold Phoenix

Shangdong xinyi

SAL-FER

Hunan BoYun

Double Link