Press release
Automobile Brake Pad Market Trends: the global market size is projected to grow to USD 19.22 billion by 2031
QY Research Inc. (Global Market Report Research Publisher) announces the release of 2025 latest report "Automobile Brake Pad- Global Market Share and Ranking, Overall Sales and Demand Forecast 2026-2032". Based on current situation and impact historical analysis (2020-2024) and forecast calculations (2026-2032), this report provides a comprehensive analysis of the global Automobile Brake Pad market, including market size, share, demand, industry development status, and forecasts for the next few years.The global market for Automobile Brake Pad was estimated to be worth US$ 16763 million in 2024 and is forecast to a readjusted size of US$ 19216 million by 2031 with a CAGR of 2.1% during the forecast period 2025-2031.
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Global Automobile Brake Pad Market: Outlook and Strategic Analysis (2025-2031)
Brake pads are critical friction components within a vehicle's disc brake system. When the brake pedal is pressed, hydraulic pressure forces the calipers to clamp the pads against the rotors, converting kinetic energy into heat and friction to slow or stop the vehicle.
Market Definition Note: This report covers disc brake pads only (not drum brake shoes). One unit refers to a set of four pads.
1. Market Overview and Forecast
According to QYResearch, the global automobile brake pad market is projected to grow from USD 16.76 billion in 2024 to USD 19.22 billion by 2031, reflecting a CAGR of 2.08% during the forecast period.
2. Industry Value Chain Analysis
Upstream: Raw Materials
The foundation of the industry, accounting for 60-80% of product cost. Key inputs include:
Friction materials (metallic, ceramic, organic compounds)
Steel backing plates
Various adhesives and auxiliary materials
Midstream: Manufacturing & Processing
The core value-adding segment, divided into two channels:
Original Equipment (OE): Supplied directly to vehicle manufacturers, requiring exact specifications and just-in-time delivery.
Aftermarket (AM): Produced for the replacement and repair sector, focusing on durability, performance, and broad vehicle compatibility.
Downstream: Key Application Segments
Passenger Vehicles: Demand centers on low-noise, low-dust, and long-life pads.
New Energy Vehicles (EVs/HEVs): Require specialized pads with higher heat resistance (due to regenerative braking) and alignment with clean vehicle positioning.
Commercial Vehicles: Require heavy-duty pads with high wear resistance and load capacity for frequent, demanding use.
Specialty Vehicles: Includes high-performance formulations for racing or extreme-duty applications.
3. Key Market Drivers and Opportunities
Stringent Environmental Regulations: Policies like the EU's ECE R90, North America's copper-free initiatives, and China's GB standards are accelerating the shift toward eco-friendly, low-copper, and low-dust ceramic/composite materials.
Rise of Electric Vehicles: The unique braking dynamics of EVs (regenerative braking) create demand for specialized pads with high thermal stability and extended service life, opening a premium product niche.
Aftermarket Expansion: Growing vehicle fleets in emerging markets (India, Southeast Asia, Africa) present significant volume growth opportunities for replacement parts.
Technology Integration: Development of "smart" pads with embedded wear sensors and integration with Advanced Driver-Assistance Systems (ADAS) enables predictive maintenance and new service-based revenue models.
System-Level Collaboration: Partnerships with brake system integrators for brake-by-wire and autonomous vehicle platforms offer pathways to high-value OEM contracts.
4. Major Industry Challenges
Regulatory Complexity: Complying with divergent regional standards requires significant R&D investment and continuous production line adaptation, creating high barriers to entry.
Raw Material Volatility: Prices for key inputs like steel, copper, and resins are subject to geopolitical and supply chain fluctuations, pressuring manufacturing margins.
Impact of Regenerative Braking: In EVs, reduced use of friction brakes can lengthen replacement cycles, potentially compressing aftermarket volume in high-adoption regions.
Intense Competition: A fragmented global market leads to pricing pressure, making it difficult for smaller players to fund necessary R&D and certification.
Counterfeit Products: The proliferation of low-quality counterfeit pads in the aftermarket, especially in emerging economies, poses safety risks and undermines brand reputation.
5. Critical Industry Trends
Material Innovation: Accelerated transition from semi-metallic to ceramic, copper-free, and advanced composite formulations.
Vehicle Electrification: Development of application-specific brake pads tailored to the performance and durability requirements of EVs and HEVs.
Digitalization and Connectivity: Integration of sensors and data connectivity for real-time monitoring and predictive maintenance.
Lightweighting and System Optimization: Co-engineering of pads with rotors and calipers to improve overall braking efficiency and reduce vehicle weight.
Aftermarket Channel Evolution: Growth of organized retail, e-commerce, and certified service networks to capture replacement demand.
The report provides a detailed analysis of the market size, growth potential, and key trends for each segment. Through detailed analysis, industry players can identify profit opportunities, develop strategies for specific customer segments, and allocate resources effectively.
The Automobile Brake Pad market is segmented as below:
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)
Zhuhai Grayley Friction Material
Shandong Xinyi Auto Parts Manufacturing
Knorr-Bremse AG
Double Link
ZHEJIANG LAMDA TECHNOLOGY
Hangzhou Annat Industry
FBK
MK Kashiyama
Weifang Airui Brake Systems
Icer Brakes
ABS Friction
EBC Brakes
SAL-FER
Shandong Hengyitong Automotive Parts
Hebei Huahua Friction Material
Shandong Gold Phoenix
Segment by Type
Non-asbestos Organic Brake Pads
Low Metallic NAO Brake Pads
Semi Metallic Brake Pads
Ceramic Brake Pads
Segment by Application
Passenger Vehicles
Commercial Vehicles
Each chapter of the report provides detailed information for readers to further understand the Automobile Brake Pad market:
Chapter 1: Introduces the report scope of the Automobile Brake Pad report, global total market size (valve, 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. (2021-2032)
Chapter 2: Detailed analysis of Automobile Brake Pad manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc. (2021-2026)
Chapter 3: Provides the analysis of various Automobile Brake Pad 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. (2021-2032)
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.(2021-2032)
Chapter 5: Sales, revenue of Automobile Brake Pad 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..(2021-2032)
Chapter 6: Sales, revenue of Automobile Brake Pad in country level. It provides sigmate data by Type, and by Application for each country/region.(2021-2032)
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. (2021-2026)
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
Benefits of purchasing QYResearch report:
Competitive Analysis: QYResearch provides in-depth Automobile Brake Pad competitive analysis, including information on key company profiles, new entrants, acquisitions, mergers, large market shear, opportunities, and challenges. These analyses provide clients with a comprehensive understanding of market conditions and competitive dynamics, enabling them to develop effective market strategies and maintain their competitive edge.
Industry Analysis: QYResearch provides Automobile Brake Pad comprehensive industry data and trend analysis, including raw material analysis, market application analysis, product type analysis, market demand analysis, market supply analysis, downstream market analysis, and supply chain analysis.
and trend analysis. These analyses help clients understand the direction of industry development and make informed business decisions.
Market Size: QYResearch provides Automobile Brake Pad market size analysis, including capacity, production, sales, production value, price, cost, and profit analysis. This data helps clients understand market size and development potential, and is an important reference for business development.
Other relevant reports of QYResearch:
Global Automobile Brake Pad Market Outlook, InDepth Analysis & Forecast to 2031
Global Automobile Brake Pad Sales Market Report, Competitive Analysis and Regional Opportunities 2025-2031
Global Automobile Brake Pad Market Research Report 2025
Automobile Brake Pad- Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031
Global Automobile Brake Pad Silencer Coating Market Outlook, InDepth Analysis & Forecast to 2031
Global Automobile Brake Pad Silencer Coating Sales Market Report, Competitive Analysis and Regional Opportunities 2025-2031
Automobile Brake Pad Silencer Coating - Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031
Global Automobile Brake Pad Silencer Coating Market Research Report 2025
About Us:
QYResearch founded in California, USA in 2007, which is a leading global market research and consulting company. Our primary business include market research reports, custom reports, commissioned research, IPO consultancy, business plans, etc. With over 19 years of experience and a dedicated research team, we are well placed to provide useful information and data for your business, and we have established offices in 7 countries (include United States, Germany, Switzerland, Japan, Korea, China and India) and business partners in over 30 countries. We have provided industrial information services to more than 60,000 companies in over the world.
Contact Us:
If you have any queries regarding this report or if you would like further information, please contact us:
QY Research Inc.
Add: 17890 Castleton Street Suite 369 City of Industry CA 91748 United States
EN: https://www.qyresearch.com
Email: global@qyresearch.com
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