Press release
Global Brake Pads Market Expected to Witness a Sustainable Growth over 2024
Brake Pads are components of brake systems used in automotive and other applications.Brake pads are usually used in disc brake setups within a hydraulic brake caliper and are squeezed versus the brake disc, or rotor in order to stop the car when using the brakes.
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 industry is quite developed. And the manufacturers’ bases are located all over the world.
According to this study, over the next five years the Brake Pads market will register a 1.6% CAGR in terms of revenue, the global market size will reach US$ 11070 million by 2024, from US$ 10410 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Brake Pads business, shared in Chapter 3.
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This report presents a comprehensive overview, market shares, and growth opportunities of Brake Pads market by product type, application, key manufacturers and key regions and countries.
This study considers the Brake Pads value and volume generated from the sales of the following segments:
Market Segment by Manufacturers, this report covers
Federal Mogul
Hitachi Chemical
TRW
Akebono
MAT Holdings
Nisshinbo
Sangsin Brake
Delphi Automotive
Sumitomo
ITT
ICER
EBC Brakes
Fras-le
ATE
Acdelco
ADVICS
Shandong Gold Phoenix
Brake Parts Inc
BREMBO
ABS Friction
SAL-FER
Hunan BoYun
Shangdong xinyi
Double Link
Market Segment by Type, covers
Non-asbestos Organic Brake Pads
Semi Metallic Brake Pads
Low Metallic NAO Brake Pads
Ceramic Brake Pads
Market Segment by Applications, can be divided into
OEMs Market
Aftermarket
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Related Information:
North America Brake Pads Market Growth 2019-2024
United States Brake Pads Market Growth 2019-2024
Asia-Pacific Brake Pads Market Growth 2019-2024
Europe Brake Pads Market Growth 2019-2024
EMEA Brake Pads Market Growth 2019-2024
Global Brake Pads Market Growth 2019-2024
China Brake Pads Market Growth 2019-2024
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