The Market Reports

Synopsis
The global market for Brake Pads was estimated to be worth US$ 6036 million in 2024 and is forecast to a readjusted size of US$ 7087 million by 2031 with a CAGR of 2.5% during the forecast period 2025-2031.
This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on Brake Pads cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.
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 four pieces of Brake Pads.
The major sales regions for 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 2024. 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, ITT, 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 aims to provide a comprehensive presentation of the global market for Brake Pads, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Brake Pads by region & country, by Type, and by Application.
The Brake Pads market size, estimations, and forecasts are provided in terms of sales volume (M Units) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Brake Pads.
Market Segmentation
By Company
BOSCH
ZF Aftermarket (TRW)
TMD Friction (AEQUITA)
ITT Corporation
Tenneco (Federal Mogul)
ADVICS
Akebono
Nisshinbo
Hitachi
Sangsin Brake
Brembo
BorgWarner (Delphi)
Continental (ATE)
MAT Holdings
Fras-le
Brake Parts Inc
GM (ACDelco)
Shandong Xinyi Auto Parts Manufacturing
Zhuhai Grayley Friction Material
Knorr-Bremse AG
Double Link
SAL-FER
ABS Friction
Icer Brakes
FBK
MK Kashiyama
EBC Brakes
ZHEJIANG LAMDA TECHNOLOGY
Hangzhou Annat Industry
Weifang Airui Brake Systems
Shandong Hengyitong Automotive Parts
Hebei Huahua Friction Material
Shandong Gold Phoenix
Segment by Type
Non-asbestos Organic Brake Pads
Semi Metallic Brake Pads
Low Metallic NAO Brake Pads
Ceramic Brake Pads
Segment by Application
OEM
Aftermarket
By Region
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia-Pacific
Europe
Germany
France
U.K.
Italy
Netherlands
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Brake Pads manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Brake Pads in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Brake Pads in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.

Index