Press release
Brake Pads Market Projected to reach 24000 Million US$ by 2025, at a CAGR of 2.0%
In terms of production side, this report researches the Brake Pads capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and product type.
In terms of consumption side, this report focuses on the consumption of Brake Pads by regions and application. The key regions like North America, Europe, Asia-Pacific, Central & South America, Middle East and Africa etc.
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.
As we can see from the past few years, the brake pads industry has developed rapidly for many years and the technology is mature. The key manufacturers mainly distribute in USA, Europe and Japan regions, where the automobile shipping aeroplane industry is quite developed. And the manufacturers’ bases are located all over the world. Some key manufactures have their own brake pads brands, and manufactures brake pads products for the auto maker and the leading brake pad producers as OEM. The key OEM producer includes Federal Mogul, Bosch, ITT Corporation, TRW Automotive, Nisshinbo Group Company etc.
The brake pad products capacity and production has increased steadily in the past years and it will keep the tendency in the future few years. And the demand was always stable and increased rapidly, in the future, the developing regions will have great development space in the future, such as India Russia Southeast Asia South America the Middle East and some African countries.
In China, the brake pad industry also developed rapidly and leaded the world brake pads markets. There are over three hundred manufacturers located in the developed areas of China. Some manufacturers make brake pads products for the global leading producers as an OEM. At the same time, the leading manufacturers have built their factories in China, such as Federal Mogul, Bosch, Nisshinbo Group Company and Sangsin Brake etc.
The Brake Pads market was valued at 20600 Million US$ in 2017 and is projected to reach 24000 Million US$ by 2025, at a CAGR of 2.0% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Brake Pads.
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This report includes the following manufacturers; we can also add the other companies as you want.
Federal Mogul
BOSCH
TRW（ZF)
Nisshinbo Group company
MAT Holdings
ITT Corporation
ATE
Hoenywell
Acdelco
Akebono
Delphi Automotive
BREMBO
Sangsin Brake
SAL-FER
ADVICS
FBK CORPORATIOIN
ICER
MK Kashiyama (JP)
Sumitomo (JP)
Hitachi Chemical
Hawk Performance
Fras-le
EBC Brakes
Brake Parts Inc
ABS Friction
Meritor
Shandong Gold Phoenix
Shangdong xinyi
Double Link
Market Segment by Product 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
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